When I initiated coverage on Xerox (NYSE:XRX), I concluded that the stock wasn’t dead, and in January, I opined the name was also not “dead money.” That is important to reiterate. But this once stellar blue chip has certainly fallen from grace, big time. I then told you that the company was “not dead yet.” But friends, are we approaching the death of Xerox? I mean,....More>>>
(NEWSER) If a company plans to help customers showcase their “local pride,” said company should probably have some basic local knowledge. That might not have been the case with Target, whose series of flawed, Boston-themed T-shirts came under attack this week. ATwitter userwas among the first to draw attention to numerous misspellings (Jamaica Plain is Jamaca Plain, for instance) on....More>>>
Deutsche Bank’s Jorge Beristain and team explain why they upgraded US Steel (X) to Hold from Sell but left AK Steel (AKS) with a Sell rating:
M&M commodity prices rallied ~13% in 2Q16 and M&M coverage gained 24% on: 1) a view that a near-term commodity floor was formed following China’s stimulus in 1Q16; 2) which sparked a shift in investor willingness....More>>>
The travails and triumphs of the market visited two of its mavens this week, when a PR fiasco sunk Warren Buffett (Trades, Portfolio) stock United Airlines and an unlikely burst occurred in one of Prem Watsa (Trades, Portfolio)’s most stubborn stocks, BlackBerry.
Shares of United Continental Holdings dropped 4.29% on Monday and Tuesday, shaving $88.9 million off of Buffett’s holding....More>>>
JPMorgan’s Jamie Baker and Nishant Mani argue that “downside risk appears diminutive” in airlines like Delta Air Lines (DAL), Southwest Airlines (LUV), and American Airlines (AAL)–even if there’s a recession. They explain why:
Were over a year into fuels decline, and investor fears concerning a breakdown in discipline havent materialized.....More>>>
The global diamond trade is slowing, and the world’s top supplier is blaming India’s crackdown on illicit cash.
De Beers’ sales of rough diamonds dropped to $418 million from $476 million over the past month, according to data from parent company Anglo American (AAUKF). That decline, the company said, is mainly because India decided to ban 500 and 1,000 rupee notes its....More>>>
Related AAPL Dr. Dre, Music Icon And Entrepreneur, Hits 15 Million Record Sales The Most Popular Names From TD Ameritrade's Latest IMX Index Why PayPal Is Petrified (GuruFocus) Related FB The Most Popular Names From TD Ameritrade's Latest IMX Index Need Help Promoting Your Small Business?....More>>>
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins