My favorite discovery in the field of behavioral economics confirms what we already knew deep down, even if it contradicts “common sense”–that experiences are more valuable than stuff. I recently put this finding to the test:
Concert of a Lifetime
Those were my wife’s words when I called her from the road, rushing to discuss what I termed “the concert of a lifetime.”
I’d just learned that living legends U2 were touring in support of the 30th anniversary of their most celebrated album, “The Joshua Tree.”
(Photo by Andrew Chin/Getty Images)
The greatest live band of a generation playing the soundtrack of my youth from start to finish.
Andrea was on board with going to the show–she’s a big fan, too. But what invited her claim of insanity was my insistence that we take the whole family to Seattle to see the show. We live in Charleston. South Carolina.
invest definition: Boardwalk Pipeline Partners L.P.(BWP)
- [By Jim Robertson]
On Friday, our Under the Radar Moversnewsletter suggested mid cap natural gas pipeline stock Boardwalk Pipeline Partners, LP (NYSE: BWP) as a bullish/long trade:
invest definition: DXP Enterprises Inc.(DXPE)
- [By Lisa Levin]
Shares of DXP Enterprises Inc (NASDAQ: DXPE) were down 17 percent to $24.00. DXP Enterprises reported preliminary revenue of $228 million to $231 million for the third quarter.
- [By Lisa Levin]
Shares of DXP Enterprises Inc (NASDAQ: DXPE) got a boost, shooting up 22 percent to $40.27 after the company posted upbeat quarterly results.
Nature's Sunshine Prod. (NASDAQ: NATR) shares were also up, gaining 28 percent to $11.35 as the company disclosed that it has received its direct selling license in China.
invest definition: Aclaris Therapeutics, Inc.(ACRS)
- [By Chris Lange]
Aclaris Therapeutics Inc. (NASDAQ: ACRS) saw its shares make a handy gain on Friday after the company announced the pricing of its secondary offering. The company intends to price its 4 million shares at $22.75 per share, with an overallotment option for an additional 600,000 shares. At this price the entire offering is valued up to $104.65 million.
- [By Peter Graham]
Small cap hair loss stocks Aclaris Therapeutics (NASDAQ: ACRS), Cytori Therapeutics (NASDAQ: CYTX) and RepliCel Life Sciences (OTCQB: REPCF; CVE: RP) are trying to tap into a big market as currently, there are only two FDA-approved drugs available for the treatment of Androgenetic Alopecia (AGA) -also known as male or female pattern baldness (one of which cannot be used by women). Thus, a significant unmet need exists for a safe andefficacious product especially since its experienced by 70% of men and 40% of women as they age.
invest definition: The Kraft Heinz Company(KHC)
- [By Shanthi Rexaline]
Kraft Foods, which has since then merged with Heinz to form Kraft Heinz Co (NASDAQ: KHC), had said in 2012 that SNAP made up one-sixth of its revenues.
- [By Daniel Sparks]
Shares of consumer-products company Colgate-Palmolive (NYSE:CL) increased as much as 7.4% on Wednesday on speculation thatKraft Heinz (NASDAQ:KHC)could acquire the company. Colgate stock finished the trading day up about 5.7%.
- [By Benzinga News Desk]
Unilever PLC (NYSE: UL) said it would divest its 145-year-old margarine and spreads business, part of a broad restructuring in the wake of a spurned takeover approach by Kraft Heinz Co. (NASDAQ: KHC): Link
- [By Javier Hasse]
Multiple-award-winning Trimaker is the leader in terms of sales in 3D printing in the region, serving clients like Staples, Inc. (NASDAQ: SPLS), Toyota Motor Corp (ADR) (NYSE: TM), Kraft Heinz Co (NASDAQ: KHC) and Telefonica S.A. (ADR) (NYSE: TEF). The company not only manufactures its own 3D printers, but also offers materials and related services.
- [By Ben Levisohn]
When 3G and Warren Buffett’s Berkshire Hathaway (BRK.B) got together to merge Kraft with Heinz to form Kraft Heinz (KHC), they argued that they could cut expenses to create a more efficient business. But if today’s earnings–which appeared, at least on the surface, to be pretty good–demonstrated anything, it’s that Kraft Heinz might be running out of synergies to juice profitability. Susquehanna’s Pablo Zuanic and Aatish Shah explain:
invest definition: Tsakos Energy Navigation Ltd(TNP)
- [By John Stevens]
Tsakos Energy Navigation Limited (TNP) is a Greek tanker company founded in 1993 that provides international seaborne crude oil and petroleum product transportation services worldwide. It offers marine transportation services to national, major, and other independent oil companies and refiners under long, medium, and short-term charters.
As of April 5, 2016, it operated a fleet of 50 vessels, including 47 crude oil and petroleum product tankers, 1 liquefied natural gas carrier, and 2 shuttle suezmax tankers. Tsakos Energy Navigation Limited (TNP) has a strategic partnership with Statoil for the crude oil tanker new buildings. The company was formerly known as MIF Limited but in July 2001 its name was changed to Tsakos Energy Navigation Limited.
invest definition: Petroleo Brasileiro S.A.- Petrobras(PBR)
- [By Paul Ausick]
Credit rating agency Standard & Poor’s on Friday raised its corporate credit rating on Petroleo Brasileiro S.A. (NYSE: PBR), commonly known as Petrobras, one notch, from B+ to BB-. The rating change does not lift Petrobras out of the non-investment grade category, but it lowers the risk from “highly speculative” to “speculative.”
- [By Craig Jones]
Alan Knuckman of Bulls-Eye Option said on Bloomberg Markets that he would buy Petroleo Brasileiro SA Petrobras (ADR)(NYSE: PBR), because it could benefit from the strength in crude oil.
- [By Money Morning News Team]
Petroleo Brasileira SA Petrobras (NYSE ADR: PBR) is Brazil’s largest oil company and it’s our seventh best oil stock of 2016. Petrobras is an oil and natural gas exploration and production firm. It is also an operator of oil tankers, pipelines, and terminals in South America and globally.
- [By Chris Lange]
And Petroleo Brasileiro S.A. (NYSE: PBR), better known as Petrobras, is scheduled to release its most recent quarterly results Tuesday. The consensus estimates call for a net loss of $0.05 per share, as well as $18.05 million in revenue. Shares ended the weekat $8.91. The consensus price target is $11.22, and the 52-week range is $4.98 to $12.56.
- [By Chris Lange]
Short interest at Petroleo Brasileiro S.A. (NYSE: PBR), or Petrobras, decreased to 42.63 million shares from the previous 43.53 million. The stock traded at $9.06 a share, in a 52-week range of $5.19 to $12.56. Unfortunately, Petrobras may be trading on an entirely different set of fundamentals and sentiment due to its ongoing woes in Brazil.