United Technologies Co. (NYSE:UTX) has been given a consensus recommendation of “Buy” by the twenty research firms that are covering the stock, Marketbeat.com reports. Seven analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Th
Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) recently held its annual meeting, which included hours of shareholder Q&A with CEO Warren Buffett and his right-hand man Charlie Munger. While Buffett is obviously the star of the show, Munger is known for his matter-of-fact quotes on issues that are important to the company’s investors.
With that in mind, here are three things Charlie....More>>>
U.S. equities were battered in the worst selloff since September 2016 as a series of developments have roiled President Trump over the past week — all related to former FBI director James Comey, Russia and former national security advisor Michael Flynn.
All of this raises the specter of Congressional investigations, a possible appointment of a special prospector and even possible impeachment....More>>>
Adidas AG (ADR) (OTCMKTS:ADDYY) reported its latest quarterly results on Wednesday, unveiling a wider loss than in the year-ago quarter.
For its fourth quarter, the athletic apparel maker posted a net loss of EUR41 million ($50.7 million), more than quadrupling its year-ago loss of EUR10 million ($12.37 million). The decline was caused mostly by a one-time tax charge.
Source: ThinkstockDecember 4, 2017: The S&P 500 closed flat at 2,639.28. The DJIA closed up 0.2% at 24,289.84. Separately, the Nasdaq was down 1.1% at 6,775.37.
Monday was a somewhat mixed day for the broad U.S. markets. The Dow and S&P 500 both hit new highs over the course of the day, but each slid as the day went on. The Dow is still holding above a record 24,000. Crude oil pushed....More>>>
SA Author Research and Investment’s latest article on DryShips (NASDAQ:DRYS) deserves a comment. This excellent author estimates that DryShips stock will trade down to $1 and over 100 million new shares will be issued to take up the remaining $137 million of equity available from the Kalani deal.
Suppose he is right. If DryShips issues another 137 million shares and lands with about....More>>>
There are roughly 56 million eligible Americans that count on Medicare (or Medicare Advantage plans) to help maintain their physical and financial well-being each and every month. Of these 56 million, about five in six are aged 65 and up. Without Medicare to step in and cover a lion’s share of their eligible medical costs during retirement, it’s possible....More>>>
We continue to believe that financial stocks are quite undervalued as well. During the quarter we made a new investment in Ally Financial (NYSE:ALLY). Ally was founded nearly a century ago as General Motors Acceptance Corporation. Its purpose then was to provide financing to GM dealers and retail customers. Today, Ally is no longer owned by GM. It serves a wide variety of dealers (including Ford,....More>>>
Akamai Technologies, Inc. (NASDAQ:AKAM)’s share price reached a new 52-week high and low during mid-day trading on Thursday . The stock traded as low as $81.46 and last traded at $81.47, with a volume of 38096 shares traded. The stock had previously closed at $81.23.