EXCO Resources Inc (NYSE:XCO), Sears Holdings Corp (NASDAQ:SHLD) and Domino’s Pizza, Inc. (NYSE:DPZ) made noteworthy gains on Wall Street this Tuesday. Taking major falls are Nanosphere, Inc. (NASDAQ:NSPH), Cal Dive International, Inc. (NYSE:DVR) and KiOR Inc (OTCMKTS:KIOR).
Value Partners Asia ex-Japan Equity Fund has delivered a 60.7% return since its inception three years ago. In comparison, the MSCI All Counties Asia (ex-Japan) index has returned just 34% over the same period. The fund, which targets what it calls the best-in-class companies in "growth-like" areas of the market, such as information technology and Read More
EXCO Rebounds After Hitting New Low Yesterday
Up +15.21%, EXCO Resources Inc (NYSE:XCO) rebounded today after hitting a new 52-week low at the start of the week. Last Friday, the company said it may acquire properties owned by its next CEO – the identity of which has not yet been revealed (or decided). The oil and gas company has been in Wilbur Ross’ investment portfolio since Q3 2010.
Sears Holdings Corp (NASDAQ:SHLD) climbed +11.12% this Tuesday. The picture for the retail giant remains grim, however, with its price down -41.9% year-to-date.
Domino’s Pizza, Inc. (NYSE:DPZ) got a +10.57% boost off of its third-quarter results report, including net income of $35.6 million and $0.63 in EPS. In the investment portfolio of billionaire Richard Chilton since 2012, DPZ is up +21.06% in 2014.
New Q2 Soros Picks Dive
Nanosphere, Inc. (NASDAQ:NSPH) took a -40.65% dive today, coming back down after yesterday’s surge. The molecular diagnostics company, a new acquisition for George Soros, is down -68.56% YTD.
The share price of Cal Dive International, Inc. (NYSE:DVR) declined -12.85% this Tuesday. Also a new Q2 Soros buy, the marine contractor has posted a -51.45% loss over the past five days and is down -79.1% year-to-date.
KiOR Inc (OTCMKTS:KIOR) dipped -12.37% today and is trading extremely close to its 52-week low of $0.07. Yet another new second quarter buy for Soros, KIOR is down -95.83% in 2014 and -97.14% over the past year.