Small cap insurance software stock Ebix Inc (NASDAQ: EBIX) reported Q1 2017 earnings before the market opened this morning. Q1 revenue rose 11% to $79.1 million and decreased 1% over Q4 2016 revenue of $80.0 million. The year over year revenue improvement reflected growth in the Companys Exchange, Risk Compliance, and Broker Solution channels. On a constant currency basis, Q1 revenue increased 10%....More>>>
Friday was a mixed day for the stock market; the Dow Jones Industrials fell slightly even as the S&P 500 (SNPINDEX:^GSPC) and Nasdaq Composite finished higher. The S&P 500’s gains of about a fifth of a percent were propelled in part by favorable economic data showing that retail sales climbed by 0.6% in December, driven by strong performance in the automotive sector. Solid bank earnings....More>>>
Canadian Prime Minister Justin Trudeau has renewed his threat to scrap a potential deal to buy fighter jets from Boeing.
Trudeau called the U.S. plane manufacturer’s trade action against Canadian company Bombardier “unwarranted” and added that if Boeing (BA)continues the dispute, Canada won’t be buying Boeing’s F/A-18 Super Hornet fighter jets. The deal could....More>>>
Stocks were mixed on Wednesday, with the Dow Jones Industrial Average (DJINDICES:^DJI) falling slightly as the S&P 500 (SNPINDEX:^GSPC) finished higher by less than 0.25%.
Today’s stock market
Data source: Yahoo! Finance.
The Nasdaq Composite surged past the 6,000 level on Tuesday — hitting new highs for the first time since early March — in a gapped move higher representative of serious, panicked buying pressure
The surge puts a dramatic end to a quiet two-month downtrend as investors burned off some of their post-election ebullience in calm, controlled fashion. Concerns focused on a lack of legislative....More>>>
March 15, 2017: Here are four stocks trading with relatively heavy volume among 56 equities making new 52-week lows in Wednesday’s session. On the NYSE, advancers led decliners by more than 8 to 1 and on the Nasdaq advancers also decliners by nearly 3 to 1.
Frontier Communications Inc. (NASDAQ: FTR) posted a new 52-week low of $2.31 on Wednesday, down about 4.1% compared with Tuesday’s....More>>>
Related LEN Earnings Scheduled For March 21, 2017 Spring Is Heating Up For Homebuilders; Stocks Poised For Near-Term Upside Lennar up 0.8% after FQ1 results (Seeking Alpha) Related GIS 7 Stocks To Watch For March 21, 2017 Earnings Scheduled For March 21, 2017 General Mills....More>>>
Well, it finally happened. Bank of America’s (NYSE:BAC) stock price corrected 10% from its highest high of $25.8, closing this week at $23.1. For those of you who have been waiting to jump on the bullish BAC bandwagon, now might be a good time.
The uptrend in bank stocks
Ever since Donald Trump was elected as the new US President, US bank stocks have appreciated strongly in stock....More>>>
Remember how the Italian banking crisis threatened to bring down the eurozone financial system over the summer?
Fast forward four months and were at it again. This time its not the Italian lenders that are the main concern, but rather how they and the wider European political system will be impacted if Italians vote no in Sunday’s referendum.
While the ballot is on proposed....More>>>
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Source: Small Biz Survival, Huffington Post and Square
Why do I think Square (NYSE:SQ) is heading for profitability?
The company’s growth rate is very impressive. In 2013, the company generated about $203 million in net revenue while the company expects to generate $1.71 billion net revenue in 2016. Accumulated growth rate from 2013 to 2016 is about 428%.....More>>>