The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.5% in the group’s seasonally adjusted composite index for the week ending June 29. Mortgage loan rate movements were mixed last week.
Wheaton Precious Metals Corp. (NYSE:WPM) is one of the largest silver and gold streaming companies in the world. However, over the last five years, Wheaton’s stock is down nearly 10% while peers Royal Gold, Inc. (NASDAQ:RGLD) and Franco-Nevada Corporation (NYSE:FNV) are up over 60% each. What’s going on at Wheaton, and is it worth buying what clearly looks like the industry laggard?
Is investing in the stock market the same as gambling? Are we betting the odds when we purchase a piece of a company, playing a version of capitalist casino, rolling the proverbial dice?
It really all depends on your mindset about investing and your approach to making decisions. In his famous book The Intelligent Investor, the late Benjamin Graham wrote, “An investment operation is....More>>>
“Real estate is an imperishable asset ever increasing in value. It is the most solid security that human ingenuity has devised.” — Russell Sage
Walt Disney (1901-66), the singular visionary genius who — more than anyone — transformed the business of entertainment in the 20th century, had legions of admirers over the decades. Among them is Steve Wynn, founder,....More>>>
Over the course of the last few trading days, we have seen the return of volatility and some serious carnage in the markets. To kick off this week, the Dow Jones Industrial Average dropped 1,175 points, the largest single-day point loss in the history of the index. Monday and Thursday were easily two of the worst trading days that anyone has seen in a long time, but on the other hand Tuesday and....More>>>
The Coca-Cola Co (NYSE:KO) is not only a Dividend Aristocrat, it’s a Dividend King as well.
The Dividend Aristocrats are a select group of 51 companies in the S&P 500 Index, with 25+ consecutive years of dividend increases. The Dividend Kings have increased their dividends for 50+ consecutive years.
KO stock has a dividend yield of 3.3%, which is well above the....More>>>
Credit Suisse analyst Gregory Lewis and team highlight seven factors that will help sway how investors react to earnings from offshore drillers like Transocean (RIG), Noble (NE),Diamond Offshore Drilling (DO), Seadrill (SDRL), and Ensco (ESV):
Matthew Lloyd/Bloomberg News
Earnings Season: Things To Watch
1) Extending Duration.Transocean remains focused on increasing financial....More>>>
Wall Street investors have shrugged off recent worries to propel stocks to fresh all-time highs, but this weeks meeting of Federal Reserve policy makers might provide investors the clearest sign yet about the health of the U.S. economy and how the central bank is construing stubbornly low inflation.
The Fed gathering set for Tuesday and Wednesday comes against the backdrop of a host of recent....More>>>
Boenning & Scattergood’sFloris van Dijkum andAndrew Crespo worry that Seritage Growth Properties (SRG), the Sears (SHLD) real-estate spinoff, will not only have to raise more cash but seriously overvalued to boot:
We reiterate our Underperform rating on SRG following third quarter results that came in marginally above our estimates. The likelihood that....More>>>
Gatorade Zero, a thirst quencher without sugar or carbs, hit stores around the country this week. It comes in orange, lemon lime, and glacier cherry, and is priced in line with the brand's classic sports drink.
Amundi Pioneer Asset Management Inc. lowered its holdings in Archer Daniels Midland Co (NYSE:ADM) by 2.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,109,443 shares of the company’s sto
US Bancorp DE lifted its stake in AmBev (NYSE:ABEV) by 2.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 484,191 shares of the company’s stock after buying an additional 9,725 shares during the period. U
Hawaiian Electric Industries (HE) is a regulated electric utility company serving the Hawaiian Islands. The company operates three separate utilities Hawaiian Electric, Hawaii Electric Light, and Maui Electric which serve the various islands. The nature of the island chain is such that each is