“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>>>
Source: ThinkstockDecember 18, 2017: The S&P 500 closed up 0.5% at 2,690.34. The DJIA closed up 0.6% at 24,792.96. Separately, the Nasdaq was up 0.8% at 6,994.76.
Monday was a great start to the week for the broad U.S. markets. Again all three of the major exchanges hit all-time highs. Notable highlights here were that the Nasdaq hit over the 7,000 mark for the first time ever and the....More>>>
I believe the European financial market contains too much risk, and one should rather invest in the American financial system because it has a lot more upward potential. I wrote that in one of my latest articles. However, there is one exception to my statement: UBS Group (NYSE:UBS). The Swiss banking group is especially strong in investment banking and asset management and will probably outperform....More>>>
FedEx Corp. (NYSE: FDX) reported fiscal third quarter 2017 results after markets closed Tuesday afternoon. The package delivery service reported adjusted diluted earnings per share (EPS) of $2.07 on revenues of $15 billion. In the same period a year ago, FedEx reported adjusted EPS of $2.51 on revenue of $12.65 billion. Third-quarter results compare to the Thomson Reuters consensus estimates for....More>>>
Shares of optical component companies have dropped today, includingOclaro (NASDAQ:OCLR), Acacia (NASDAQ:ACIA), Lumentum (NASDAQ:LITE), and Finisar (NASDAQ:FNSR), whose shares were down 11%, 11%, 6%, and 3%, respectively, as of 3:30 p.m. EDT, after the U.S. broadened its investigation regarding compliance with sanctions programs.
The New York Times reported....More>>>
Shareholders in Gilead Sciences (NASDAQ:GILD) don’t seem to be able to catch a break from bad news and the stock’s underperformance, but we believe recent events have finally put enough pressure on management to make an acquisition and to redeploy the cash on its balance sheet on a strategic acquisition. Though there are many possible targets, we believe the answer to Gilead’s....More>>>
Can I take a tax deduction for my long-term-care insurance premiums?
Take Our Quiz: Is It Tax Deductible?
Maybe. If you have a tax-qualified long-term-care insurance policy, you may be able to deduct a portion of your premiums as a medical expense. (Most traditional long-term-care policies qualify, but ask your insurer.) You can deduct eligible out-of-pocket medical expenses only....More>>>
D. A. Davidson says its time to embrace volatility. Analyst Sonny Randhawa initiated coverage on the four large, global oilfield services companies — Baker Hughes (BHI), Schlumberger (SLB), Halliburton (HAL) and Weatherford International (WFT) at a buy.
The oil service sectors performance is still highly correlated with crude prices, which have fluctuated from $62/barrel to $26/barrel....More>>>
Alaskan telecommunications company General Communication (NASDAQ:GNCMA) reported its fourth-quarter results after the market closed on March 1. Revenue, adjusted EBITDA, and net income all declined due to changes in backhaul and roaming agreements, but the company expects adjusted EBITDA to return to growth in 2017. Here’s what investors need to know about General Communication’s fourth-quarter....More>>>
In the sector, two heavyweights that hog the limelight are Caterpillar Inc. (NYSE:CAT) and Deere & Company (NYSE:DE) with market capitalizations of $54.21 billion and $33.5 billion, respectively. Caterpillar is the world’s largest manufacturer of construction and mining equipment and also dabbles in agricultural equipment. It falls under the Zacks categorized Manufacturing-Construction....More>>>