Shares of cloud-based tax compliance solutions provider Avalara (NYSE:AVLR) jumped on Wednesday after the company reported its fourth-quarter results. A revenue beat and in-line earnings were enough to propel the stock about 16.3% higher by noon EST.
Teachers Advisors LLC boosted its holdings in Triumph Bancorp Inc (NASDAQ:TBK) by 2.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 74,786 shares of the financial services provider’s stock after
The General Electric Co. (GE) logo is displayed during the opening of the company’s iCenter facility in Kuala Lumpur, Malaysia. (Photo by Goh Seng Chong/Bloomberg)
General Electric (GE) is the only remaining member of the original 12 stocks that made up the Dow Jones Industrial Average in 1896. Despite its iconic role in American industry, GE has been the worst performing Dow stock....More>>>
Warren Buffett famously made billions of dollars investing in Coca-Cola (NYSE:KO) because he recognized the intangible value of its brand. Coke’s brand not only drew customers and enticed them to pay premium prices over generic brands for what is mostly flavored sugar-water but the brand also acts as a “moat” around the company, as it would be extremely difficult for a new entrant....More>>>
Sports betting is having its moment before the Supreme Court. At stake is a 26-year-old federal law that has kept legalized sports betting out of most states.
For years, voters in the state of New Jersey have been trying to challenge a federal law called the Professional Amateur Sports Protection Act of 1992 and allow sports betting in its racetracks and casinos. Residents voted in 2011....More>>>
The U.S. stock market closed out another quiet week with small losses on Friday. The market opened the session lower and then climbed through mid-day. After an early afternoon selloff, the major averages closed near their best levels of the day.
Gainers included The GEO Group (NYSE: GEO), which jumped almost 22 percent a day after plunging nearly 40 percent on news that the U.S. government....More>>>
German property stocks have had a good year, which reflects two things: (1) strong dynamics in German property, primarily based on solid economic growth (ECB forecasts ~1.6% real GDO growth through 2018) and (2) negative ECB deposit rates, which lower financing costs for developers and landlord while also forcing institutional buyers (insurance companies, pension funds and asset managers) into real....More>>>
Many developing and new traders struggle with comprehending the difference between the trades that will work from the trades that will not work, so veteran trader Mike Bellafiore of SMB Capital suggests they spice up their smart trade ideas with these four extra ingredients.
Here’s what I see from my seat as the managing partner of a proprietary trading desk in NYC with underperforming....More>>>