Lipper U.S. Weekly FundFlows Insight Report: Funds Take In Net New Money For The Fifth Straight Week

SeekingAlpha

Lipper’s fund asset groups (including both mutual funds and ETFs) had net positive flows of $32.3 billion for the fund-flows trading week ended Wednesday, May 22. This represents the fifth consecutive week funds took in net new money. Money market funds (+$28.4 billion) took in the most net new money for the fourth straight week, while equity funds (+$2.7 billion) and municipal bond funds (+$1.5 billion) also contributed to the total net inflows. Taxable bond funds experienced net outflows of $236 million last week. Market Overview The equity markets were…

Teva Pharm to pay Oklahoma $85 million to settle opioid claims By Reuters

© Reuters. A man walks past the logo of Teva Pharmaceutical Industries at their plant in Jerusalem BOSTON/JERUSALEM (Reuters) – Teva Pharmaceutical Industries (NYSE:) said on Sunday it had agreed an $85 million settlement with the state of Oklahoma days before the company was set to face trial over allegations that it and other drugmakers helped to fuel the U.S. opioid epidemic. Teva, the world’s largest generic drugmaker, said the settlement “does not establish any wrongdoing on the part of the company” and denied contributing to opioid abuse in Oklahoma.…

VPU: Beating An Uncertain Market – Vanguard Utilities ETF (NYSEARCA:VPU)

VPU: Beating An Uncertain Market - Vanguard Utilities ETF (NYSEARCA:VPU)

Main Thesis The purpose of this article is to evaluate the Vanguard Utilities ETF (VPU) as an investment option at its current market price. I recommended this investment back in early March, despite concerns that the sector appeared overvalued. I saw market conditions that were generally favorable for the Utilities sector, and that has indeed played out in the short-term. With defensive, high-yielding positions outperforming, especially on days when the market is declining, it remains important to consider this asset class for the remainder of 2019. There are a few…

Movie Vs. TV Industry: Which Is Most Profitable?

Movie Vs. TV Industry: Which Is Most Profitable?

Movies vs. Television Industry: An Overview These days, it seems like it is all about the small screen. More and more people are gathering around to binge watch shows like “Orange Is the New Black” and “Game of Thrones,” while less and less people are heading out to movie theaters to plunk down a hefty fee for two hours of entertainment. So which entertainment sector is more profitable: movies or TV? Let’s take a look. You might be surprised by the results. The Movie Industry For many people, it is…