DIRS.INFO The most relevant business & tech news

☆ Glass Lewis endorses 6 of activist Ancora's nominees for Norfolk Southern board
▼ + stars: | 2024-04-29 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +4 min

Activist investor Ancora received a powerful endorsement in its efforts to secure a board change and to oust Norfolk Southern CEO Alan Shaw on Monday, when proxy advisor Glass Lewis recommended the railroad's shareholders vote for 6 of Ancora's board nominees. "We believe Ancora has presented a compelling case for supporting a substantial overhaul of the Company's current leadership," Glass Lewis said in its report. Furthermore, Glass Lewis said Barber, Ancora's pick for CEO, and Jamie Boychuk, the activist's pick for COO, "have compelling credentials and track records." Ancora also seeks to install former CSX executive Boychuk as Barber's chief operating officer. Their support, coupled with Glass Lewis' endorsement, gives the activist powerful ammunition as it seeks to convince shareholders.

Persons: Ancora, Alan Shaw, Glass Lewis, Betsy Akins, Jim Barber, William Clyburn, Sameh Fahmy, Gilbert Lamphere, Allison Landry, Shaw, Amy Miles, Barber, Ancora's, Jamie Boychuk, Boychuk, John Orr Organizations: Norfolk Southern, Teamster, UPS, CNBC, CSX, Canadian National, CN, NSC, Norfolk Locations: Norfolk Southern, East Palestine , Ohio, Norfolk

☆ Why semiconductors could be the most efficient artificial intelligence play
▼ + stars: | 2024-04-18 | by ( Anna Gleason | ) www.cnbc.com time to read: +2 min

Investing in semiconductors may be the most efficient way to play the artificial intelligence boom, according to VanEck's CEO. "Semiconductors have become the heart of the AI trade," Jan van Eck told CNBC's "ETF Edge" this week. His firm's VanEck Semiconductor ETF (SMH) , which tracks 25 of the biggest chipmakers in the country, is up 21% this year as of Wednesday's close. However, SMH has fallen nearly 6% this month, led to the downside by Intel , AMD and On Semiconductor . Still, Akins advises investors to pay attention to semiconductor fund flows as a barometer for future performance.

Persons: Jan van Eck, CNBC's, SMH, it's, Van Eck, van Eck, Mike Akins, Akins, pare Organizations: Semiconductors, Semiconductor, Intel, AMD, Nvidia

☆ Stock market to 'nowhere?' Two ETF experts see more trouble ahead in China
▼ + stars: | 2024-01-27 | by ( Meredith Mutter | ) www.cnbc.com time to read: +1 min

ETF Action's Mike Akins sees challenges tied to the country's ability to generate stock market returns. Fool me twice, shame on me," the firm's founding partner told CNBC's ETF Edge this week. The stock market went nowhere. According to Atkins, emerging market ex-China products are among the largest inflows ETF Action is seeing. Or is it really a growth story in the economy alone and not in the actual return of the stock market?"

Persons: Mike Akins, You've, It's, Atkins, Franklin Templeton, David Mann, hesitancy, Mann Organizations: Edge, Franklin Templeton Investments, Investors Locations: China

☆ How investors are playing emerging market opportunities in India and Japan
▼ + stars: | 2024-01-24 | by ( Anna Gleason | ) www.cnbc.com time to read: +2 min

Investors are increasingly looking to emerging market exchange-traded funds for growth at a reasonable price. David Mann, head of capital markets at Franklin Templeton, named India as one of the most popular countries with ETF investors in the past year. "[It] has been one of the emerging market standouts thus far, so India has been a great story." The firm's Franklin FTSE India ETF (FLIN) has risen 18.19% in the past year, as of Tuesday's close. As of Tuesday's close, the firm's Franklin FTSE Japan ETF (FLJP) gained 12.58% in the past year.

Persons: David Mann, Franklin Templeton, CNBC's, Mike Akins, Akins, Franklin Templeton's Mann, Action's Akins Organizations: Franklin, Franklin FTSE, Reliance Industries, HDFC Bank, Infosys, Toyota Motor, Sony Group, Mitsubishi UFJ Locations: India, Franklin, Franklin FTSE India, Japan, U.S, Franklin FTSE Japan

☆ Up & Over-seas: India & Japan
▼ + stars: | 2024-01-22 | by ( Bob Pisani | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUp & Over-seas: India & JapanDavid Mann, Global Head of Product and Capital Markets at Franklin Templeton, and Mike Akins, ETF Action founding partner, join CNBC's Bob Pisani on 'ETF Edge' to discuss why investors are flocking to Japanese and India investments.

Persons: David Mann, Franklin Templeton, Mike Akins, Bob Pisani Organizations: Global, Product, Markets, Franklin Locations: India

☆ ETF Edge, January 22, 2024
▼ + stars: | 2024-01-22 | by ( Bob Pisani | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailETF Edge, January 22, 2024David Mann, Global Head of Product and Capital Markets at Franklin Templeton, and Mike Akins, ETF Action founding partner, join CNBC's Bob Pisani on 'ETF Edge' to discuss investing overseas and take a look at the flows in bitcoin ETFs.

Persons: David Mann, Franklin Templeton, Mike Akins, Bob Pisani Organizations: Global, Product, Markets, Franklin

☆ Perspective: spot bitcoin uptake
▼ + stars: | 2024-01-22 | by ( Bob Pisani | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPerspective: spot bitcoin uptakeDavid Mann, Global Head of Product and Capital Markets at Franklin Templeton, and Mike Akins, ETF Action founding partner, join CNBC's Bob Pisani on 'ETF Edge' to discuss Franklin Templeton's new spot bitcoin ETF and action the new ETFs are seeing.

Persons: David Mann, Franklin Templeton, Mike Akins, Bob Pisani, Franklin Organizations: Global, Product, Markets, Franklin

☆ Top 25 roundup: No. 4 Michigan St. crushes Southern Indiana
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +3 min

[1/3] Nov 6, 2023; East Lansing, Michigan, USA; Michigan State Spartans guard Tyson Walker (2) drives through James Madison Dukes forward T.J. Bickerstaff (3) and guard Bryant Randleman (4) during the second half at Jack Breslin Student Events Center. 4 Michigan State earn a 74-51 home win over Southern Indiana on Thursday in East Lansing. After going 1-of-20 from 3-point range against James Madison, Michigan State wasn't much better against Southern Indiana, going 1-of-11 from 3-point territory. Jordan Tillmon scored 10 points for Southern Indiana, which shot 31.7 percent from the field overall (19 of 60) and committed 15 turnovers. Drew Miller led the Golden Eagles with 19 points, while Malachi Reeves had 17 points on perfect 7-for-7 shooting from the floor.

Persons: Tyson Walker, James Madison, Bryant Randleman, Jack Breslin, Dale Young, Jaden Akins, Jordan Tillmon, Jack Mielke, John Brown, Langston Love, RayJ Dennis, Jayden Nunn, Yves Missi, Drew Miller, Malachi Reeves, Isaiah Collier, Kaleb Higgins, Cameron Wilbon, Ugnius Jarusevicius, Aidan Mahaney, Saint Mary's, Harry Wessels, Donovan Dent, Nelly Junior Joseph, Jamal Mashburn Jr Organizations: Michigan State Spartans, James Madison Dukes, Center, Michigan State, Southern Indiana, James Madison , Michigan State, Southern, Spartans, Baylor, Bears, Golden Eagles, NAIA, USC, Cal State Bakersfield, Trojans, Roadrunners, Mary's, Lobos, Saint, New, Texas Southern, Thomson Locations: East Lansing , Michigan, USA, T.J, East Lansing, James Madison , Michigan, Southern Indiana, Waco , Texas, South Dakota, Los Angeles, New Mexico, Moraga , Calif

4 Michigan State, opened the season with a lot of swagger. “We’re not scared of names," T.J. Bickerstaff said after scoring 21 points, including a tying shot with 30 seconds left in regulation. Jaden Akins gave Michigan State its first lead with 15:16 remaining, making a shot after missing six attempts from the field. Michigan State missed 14 of 18 shots and 8 of 10 free throws to open the game. Michigan State: Host Southern Indiana on Thursday night.

Persons: — James Madison, Terrence Edwards, Raekwon Horton, “ We’re, Bickerstaff, ” James Madison, Mark Byington, ” Byington, Tyson Walker, Tom Izzo, Walker, Noah Freidel, Hoggard, Walker couldn't, ” Izzo, “, Jaden Akins, Coen Carr, “ Tyson didn't, J.B, James Madison, Izzo Organizations: Michigan State, Dukes, Spartans, volleyball, The Spartans, Cleveland Cavaliers, Boston College, Drexel, The Dukes, Tennessee, James Madison . Michigan State, James, Kent State, Michigan, Host, Host Southern Indiana, AP Locations: LANSING, Mich, California, East Rutherford , New Jersey, Michigan, Harrisonburg , Virginia, Host Southern

☆ Home advantage? Why investors may want to avoid the international trade
▼ + stars: | 2023-07-15 | by ( Lina Hassen | ) www.cnbc.com time to read: +2 min

Investors may want to reduce international exposure right now and stick with the home court. "One of the highest predicting factors for [the] future performance of international stocks versus U.S stocks is what the U.S dollar does," Arthur told CNBC's "ETF Edge" this week. "From 2011 to 2022, the dollar was in a straight bull market, so you were gonna lose in international equities no matter what you did." That's a perfect setup where we're going to be cutting rates before the rest of the world. That's where the catalysts will have to be to see value come back, to see international come back [and] to see emerging come back."

Persons: Kim Arthur, Arthur, CNBC's, Mike Akins, Akins, I'm Organizations: Main Management, U.S, Bank, Microsoft, Apple Locations: U.S

☆ Income, growth or both? Weighing active ETFs in an up market
▼ + stars: | 2023-07-12 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +2 min

"When you have an up-16% first half of the year, these types of strategies are going to underperform." Arthur explained call writing strategies do typically benefit from a down or flat market but struggle to perform in a rebounding environment. The built-in income-generating options strategies of the JPMorgan Equity Premium Income ETF (JEPI) helped fuel the fund's popularity in 2022. It remains the largest actively managed ETF on the market with nearly $28 billion in assets, but the rebound in growth this year has left the product lagging the broader market. "So, you're not going to keep up with the market with these types of strategies."

Persons: Kim Arthur, Bob Pisani, Arthur, Mike Akins, Pisani, Akins Organizations: Main Management, JPMorgan Locations: CNBC's

☆ Scientists identify polar cyclone swirling on mysterious Uranus
▼ + stars: | 2023-05-25 | by ( Will Dunham | ) www.reuters.com time to read: +4 min

[1/2] NASA scientists uses microwave observations to spot the first polar cyclone on Uranus, seen here as a light-colored dot to the right of center in each image of the planet, in this handout image released on May 25, 2023. But new observations from a telescope located in New Mexico are providing a fuller understanding of its atmosphere, including the detection of a polar cyclone whose center measures a quarter of Earth's diameter, swirling near its north pole. Scientists were able to gaze more deeply into the atmosphere of Uranus - a planet classified as an ice giant, like its planetary neighbor Neptune - than ever before. The research confirmed that polar cyclones are present on every body in our solar system with a substantial atmosphere - all the planets but Mercury and even Saturn's moon Titan. "The way they form is different from planet to planet," Akins added.

☆ NCAA Tournament roundup: Fairleigh Dickinson makes history against Purdue
▼ + stars: | 2023-03-18 | by ( ) www.reuters.com time to read: +7 min

Kobe Johnson supplied 13 points, nine rebounds and four assists, while the Trojans' usual leading scorer, Boogie Ellis, was held to six points. Vermont (23-11) was led by Robin Duncan, Dylan Penn and Matt Veretto who each scored 11 points. Jamarius Burton added 11 points and Greg Elliott had 10, as the Panthers advanced to face No. Jordan Hawkins chipped in 13 points, Donovan Clingan posted 12 and Andre Jackson Jr. supplied 10. Adrian Baldwin Jr. paced the Rams (27-8) with 13 points on 6-of-11 shooting.

☆ Here are the big trends to watch at the Exchange ETF conference this week
▼ + stars: | 2023-02-06 | by ( Bob Pisani | ) www.cnbc.com time to read: +5 min

I'm at the ETF Exchange Conference in Miami Beach, where 2,000 registered investment advisors and ETF providers have descended on the city for the industry's largest gathering. Think active, dividend, foreign debt and alternative income ETFs," Tom Lydon, of VettaFi, the conference sponsor, told me. "I believe fixed income ETFs are setup to have a historic year," Nate Geraci from the ETF Store said in January. This year, they're back, but despite the surge in thematic ETF performance to start the year, investors have yet to throw significant sums of money into the game. "Despite the surge in thematic ETF performance to start the year, investors are yet to start allocating again.

☆ NFL roundup: Eagles lock down No. 1 seed in NFC
▼ + stars: | 2023-01-09 | by ( ) www.reuters.com time to read: +10 min

1 seed in the NFC with a 22-16 win over the visiting New York Giants on Sunday. Hurts led six scoring drives and the Eagles never trailed the Giants (9-7-1), who had already sewn up the No. 6 seed and opted to rest quarterback Daniel Jones, Pro Bowl running back Saquon Barkley and other starters. Smith finished the regular season with 4,282 yards passing, surpassing Russell Wilson's team record of 4,219 set in 2016. Baltimore's Anthony Brown was 19-of-44 passing for 286 yards and two interceptions in his first career NFL start.

☆ Cramer: Why tech can't find a bottom as other parts of the market show signs of life
▼ + stars: | 2022-11-06 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

The Carvana and Zillow calls aren't resonating because the autos and housing companies have already seen their stocks crushed. At the same time, these once-thriving tech companies that saw an ever-expanding funnel somehow didn't seem to see any of this coming. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Search resuls for: "Akins"

16 mentions found