The Risk And Returns For The Increasingly Popular SPAC Trade

The Risk And Returns For The Increasingly Popular SPAC Trade

Yet another interesting market trend for 2020 is the surge in blank-check companies. SPACs, or Special Purpose Acquisition Companies, are a little like those claw machines at the arcade. Maybe you’ll get pick up something great, maybe you’ll get something …
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Here's Why American Equity Investment Life Holding Is Plunging on Monday

The stock market was largely flat Monday morning, but American Equity Investment Life Holding (NYSE:AEL) was a big exception. As of 11:45 a.m. EDT, shares of the annuity provider and life insurer were down by 19%.
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Former NHL All-Star Martin St. Louis selling $16 million waterfront Connecticut estate

Former NHL All-Star Martin St. Louis is close to a big score. The now-retired right wing listed his massive mansion in Riverside, Connecticut, for $16 million a couple of weeks ago, and already has an offer in—the home is in contingent sale status. Located at …
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Buy Microchip Technology Stock, Morgan Stanley Says. Margins Are Rising, Debt is Falling.

Stock in microcontroller maker Microchip Technology was higher Monday afternoon, after Morgan Stanley analyst Craig Hettenbach placed the equivalent of a Buy rating on the stock. In a research note to clients, Hettenbach wrote that investors have been …
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Austin's brunch-all-day restaurant permanently closes after 3 years

One of Austin’s best loved brunch spots — not to mention one of its few women-led kitchens — is closing. On October 18, chef Callie Speer announced that Holy Roller will close after three years in business. The last day of business was Sunday, October 18, …
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