Best Buy Inc. (BBY) is keeping its friends close and its enemies closer.
Shares of the electronics chain spiked nearly 4% Wednesday, April 18, after CEO Hubert Joly announced that the company has entered into a partnership with Amazon.com Inc. (AMZN) to sell televisions that are programme
&l;p&g;&l;img class=&q;size-full wp-image-156&q; src=&q;http://blogs-images.forbes.com/daviddomzalski/files/2018/01/Lauren-and-Alex-author-photo-copy_preview.jpg?width=960&q; alt=&q;&q; data-height=&q;480&q; data-width=&q;640&q;&g; Alex Nerney and Lauren McManus made $75,000 in one month with their blogs.
Have you ever wanted something so bad you can taste it? You know what I&s;m talking....More>>>
Shares of Gap (GPS) have jumped nearly 5% today but it’s hard to find anyone who’s excited by its same-store-sales beat (Gap reported that sales at stores existing for at least 13 months had dropped 6%, less bad than the 7.2% drop forecast by analysts). This take from Guggenheim’s Howard Tubin and Paola Duguet is typical:
Whether it’s a student loan, car loan, mortgage, or something else, just about everybody takes out a loan at some point in their life. Unfortunately, many borrowers make expensive mistakes when signing up for these loans.
Not reading before signing
Big loans usually come with big paperwork. When I took out the mortgage on my house, the title company official handed me a six-inch-thick....More>>>
Wall Street on Monday didn’t just cash in on one winner, or a daily double, or even a trifecta. It notched astock market-style superfecta, with all four major U.S. stock indexes — representing blue chip names, technology stocks, small caps and large-company stocks — all closing at record highs on the same day for the first time in 17years.
Westerly, RI, based Investment company WASHINGTON TRUST Co buys Johnson Controls International PLC, The Priceline Group Inc, NextEra Energy Inc, , US Bancorp, TJX Inc, Costco Wholesale Corp, American Tower Corp, KLA-Tencor Corp, BB&T Corp, sells Varian Medical Systems Inc, B/E Aerospace Inc, Synchronoss Technologies Inc, Core Laboratories NV, Cognizant Technology Solutions Corp during the 3-months....More>>>
Fellow contributor Giovanni DiMauro published a bearish take on Valeant Pharmaceuticals (NYSE:VRX) with which I strongly disagree. I’ll start by going over DiMauro’s points (between quotes) where I hold a variant view and summarize my bullish take at the end.
CEO Joseph Papa mislead investors in August when he reaffirmed guidance for the year. The company missed miserably on earnings....More>>>
March has brought madness to airline stocks, including United Continental Holdings (UAL), Delta Air Lines (DAL), and American Airlines (AAL). But the recent pullbacks aren’t a buying opportunity, say Imperial Michael Derchin and Adam Hackel.
Agence France-Presse/Getty Images
I recommended United Continental on Nov. 19, the week that Warren Buffett’s Berkshire Hathaway....More>>>
Get ready for… something. Ignore what everyone knows (fast post-election rise, stocks linked to Trump’s pronouncements, and Dow Jones Industrial Average’s 20,000 level). Expect these popular issues to be ineffectual as 2017 begins. Instead, the market could make one of its countermoves, testing stocks’ strength and investors’ confidence by falling....More>>>
Yesterday, our Under the Radar Moversnewsletter suggested small cap clinical-stage biotech RXi Pharmaceuticals Corp (NASDAQ: RXII) as a long/bullish trade for our short-term portfolio:
RXi Pharmaceuticals was hit pretty hard in September and October, but we like the way the stock’s been piecing together the foundation for a technical breakout. That is, we’ve made a higher low,....More>>>
Lands’ End (NASDAQ:LE) CMO Gill Brown Hong bought 1,525 shares of the company’s stock in a transaction on Friday, April 13th. The shares were bought at an average price of $22.20 per share, with a total value of $33,855.00. Following the completion of the transaction, the chief marke
Enbridge Energy, Limited Partnership (NYSE:EEP) had its target price lowered by Barclays from $16.00 to $11.00 in a research report sent to investors on Tuesday morning, Marketbeat reports. The brokerage currently has an equal weight rating on the pipeline company’s stock.