Wednesday, November 2, 2022

Southpoint Adds 7.3% After “Substantial Pivot” In Markets; Fund Likes This Financial Stock [Exclusive]

Southpoint Adds 7.3% After "Substantial Pivot" In Markets; Fund Likes This Financial Stock [Exclusive]

For the quarter ended September 30, 2022, Southpoint Qualified Fund added 7.3% net of fees and expenses. In comparison, the S&P 500 declined -4.9% in the quarter, and the Russell 2000 lost -2.2%. For the year to the end of September, the fund is down -12.3% compared to -23.9% for the S&P 500 and -25.1% […] Read More

Uber Stock Surge On The Back Of Profitabilty

Losses decreased, as earnings per share came in at a loss of 62 cents, versus 1.22 cents a year earlier. Revenue beat estimates coming in at $8.35 billion, compared to analyst estimates of $8.14 billion. Uber continues to do well across various geographies Uber (NYSE:UBER), continued to struggle with operational costs despite revenue surging by […] Read More

Online Lender SoFi Jumps 14% On Better-Than-Expected Q3 Results

The company lost $0.09 per share on revenue of $424 million. Those results marked year-over-year increases on both the top- and bottom lines, and came in ahead of views. Revenue grew at mid-to-high double-digit rates in each of the past six quarters. The company raised its full-year guidance. Analysts have a "moderate buy" rating on […] Read More

Why American Water Works May Not Want A Fed Pivot

American Water Works delivered a strong earnings report and affirmed its full-year EPS guidance. Revenue is slightly down year-over-year, but earnings continue to grow. AWK stock is still down 22% for the year, possibly on valuation concerns. If the Federal Reserve continues its current path, AWK stock is likely to remain under pressure. American Water Works […] Read More

Land & Buildings Nominates Two for Apartment Investment Board

Land & Buildings Nominates Two for Apartment Investment Board Land & Buildings Investment Management, LLC has filed a 13D form with the SEC disclosing ownership of 8,806,573 shares of Apartment Investment and Management Co (AIV). This represents 5.8% of the company. Changes To Land & Buildings' Board The fund, founded by Jon Litt and focused […] Read More

Royal Unibrew (ISIN DK0060634707) – A High Quality Beverage Compounder At A Reasonable Price?

Disclaimer: This is not investment advice. PLEASE DO YOUR OWN RESEARCH !!!! The Company: Royal Unibrew A/S (CPH:RBREW) is a Danish Beverage company that I "discovered" during my journey through all Danish shares some weeks ago (too expensive back then but "watch"). I had also seen them some months ago in the Profitlich&Schmidlin portfolio. The […] Read More

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