As January and the new year settle in, many of us are wondering what 2017 will have in store. Even more interested are investors in Johnson Controls (NYSE:JCI), who are eager to see how the company performs after having completed its separation fromAdient and merger with Tyco. Fortunately, investors have the opportunity to gain some insight, as the company recently held its annual Analyst Day. Let’s....More>>>
Yesterday, our Elite Opportunity Pronewsletter suggested mid cap upscale department store stock Nordstrom, Inc (NYSE: JWN) as a potential speculative short trade:
I’m not going to dig deep into their financials, but trust me when I say we are not fans of Lululemon Athletica Inc. (LULU), The Kroger Co. (KR) and Nordstrom Inc. (JWN) right now As you can see with JWN, although the stock....More>>>
Did the Snapchat IPO narrative just get scarier following Snap Inc’s pre-IPO roadshow? Flickr
Snap Inc, the company that owns the popular ephemeral messaging service Snapchat, has occupied centerstage lately as the company seems headed for what could be one of the biggest tech IPOs of our times. And as you’d expect, with Snap Inc’s management team meeting the investor....More>>>
Source: ThinkstockMarch 29, 2017: The S&P 500 closed higher on the day, up 0.11 % and 2.56 points to 2,361.14. Separately the DJIA closed down 0.20% on the day at 20,659.39, down approximately 42.11 points. The question remains if the DJIA gain on Tuesday was just a head fake as the index is lower versus the Nasdaq and the S&P500.
The recovery that oil has made on Tuesday and Wednesday....More>>>
Transocean (RIG) beat earnings forecasts and probably has enough cash but Jefferies analyst Eduardo Royes and team still consider its stock to be a bigger risk when compared to its peers (I’m guessing they mean Diamond Offshore Drilling (DO), Noble (NE) and Ensco (ESV), among others). They explain why:
NVIDIA Corp. (NASDAQ: NVDA) reported fiscal fourth-quarter financial results after the markets closed on Thursday. With this earnings report NVIDIA is claiming to be on the cutting edge and ready to make a breakthrough with artificial intelligence. Although the results were positive, it was not necessarily a blowout quarter, which is why investors have sent shares lower for now at least. But analysts....More>>>
Financial markets have fallen sharply in response to Donald Trumps election as the 45th President of the United States. Equity markets are down notably in Asian and early European trading. Gold has, by contrast, increased, outperforming other assets, including other safe havens. It is currently trading at over US$1,300/oz, compared with US$1,275/oz before....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