USANEWSBEST

Business & Finance

Two-stocks better than one? Repacking pair trades

The exchange-traded fund industry is trying to make pair-trade strategies more accessible to everyday investors. Tidal Financial Group’s Michael Venuto filed last month for eight two-stock ETFs: going long one stock and short the other. “They should come out probably in about two or three months,” Venuto, the firm’s chief investment officer and co-founder, said on CNBC’s […]

Business & Finance

Comcast is exploring separation of cable business

Omar Marques | Lightrocket | Getty Images Comcast has begun to explore a separation of its cable networks business. During Thursday’s earnings call with investors, Mike Cavanagh, president of Comcast, said the company is exploring creating “a new, well-capitalized company owned by our shareholders and comprised of our strong portfolio of cable networks.” This is breaking […]