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Sonova drops 15% Switzerland’s Sonova fell to the bottom of the Stoxx 600 in mid-afternoon trade, dropping 15%, following the release of its financial results Tuesday. The manufacturer of hearing care products revised its outlook for the year ahead due to subdued market conditions and higher-than-expected component and freight costs. Hearing health company Demant also …

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Stronger dollar set for weekly loss as traders adjust rate hike bets

Dollar index up, yen down vs dollar Fed speakers maintain case for tighter monetary policy UK GDP shrinks less than expected NEW YORK, Aug 12 (Reuters) – The dollar rallied on Friday but was set for a weekly drop as traders weighed improving US inflation data against comments from Federal Reserve officials who cautioned the …

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Down 10%, Is This Market Share Leader a Buy?

Securities and Exchange Commission (SEC) compliance leader Donnelley Financial Solutions (DFI 0.87%) recently reported second-quarter earnings that show marked advancement in its attempt to transform its stodgy, old-school investment and corporate clients into its software solutions. But are shares attractively valued? Market dominance Last week, Donnelley reported solid second-quarter numbers that revealed a 14.5% jump …

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Stock investors will likely sweat out August if recent market history repeats

August, not April, is the cruelest month — for stock investors, that is. Often August has been the best performing month, persuading investors that a hot August is more than a fluke. But there have been long stretches where the market’s return in August has been particularly painful. Consider the Dow Jones Industrial Average DJIA, …

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$5.7 Billion Fund Manager’s 10 ‘Global Leader’ Picks

Buying companies with a global leadership position within their industry can be a smart investing play. The manager of a $5.7 billion fund that focuses on doing that explained to the insider why. He also picked out 10 companies that exemplify what he looks for in a stock pick. Rather than massive capitalizations or dominant …

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10 Things To Do Around Chicago This Weekend, From Street Markets to Lollapalooza

CHICAGO — The summer isn’t over and neither are the city’s street markets, music festivals and more. Here’s a list of 10 events happening across the city this weekend. 11 am-5 pm Saturday Gately Park, 10201 S. Cottage Grove Ave. In the first edition of this free event, readers and creators of all ages are …

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