August 28, 2017: Markets opened higher for the third straight day Monday, but gains were offset in short order on both the S&P 500 and the DJIA. There was no major economic news Monday and no earnings of note. Two large biotech mergers kept the Nasdaq Composite rocking higher. Healthcare and tech posted the largest sector gains will financials and tech stocks lagged. WTI crude oil for October....More>>>
Canada faces one last hurdle to becoming the first G7 nation to legalize recreational marijuana.
Canada’s Cannabis Act was introduced in the Canadian Senate Tuesday, its last legislative stop. The bill enjoys wide public support and the backing of Prime Minister Justin Trudeau.
“I think it is broadly recognized that criminalizing cannabis has been a failure,”....More>>>
(Published Feb. 28 by Bob Ciura)
Warren Buffett (Trades, Portfolio)’s investment conglomerate, Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B), has a $148 billion stock portfolio. Buffett has filled his portfolio with high-quality dividend growth stocks.
One such dividend stock is General Motors (NYSE:GM). GM makes up approximately 1.2% of Berkshire’s portfolio.
American Express (NYSE:AXP) helped pioneer the charge card industry, and even now, the company’s brand carries an aura of affluence that rivals have struggled hard to try to duplicate. Yet American Express has fallen back from all-time highs over the past couple of years, and the loss of its branded-card partnership with retail giant Costco Wholesale (NASDAQ:COST) was a high-profile setback....More>>>
The remarkable rally continues for one Stansberry Venture Technology holding… Shares of semiconductor firm Nvidia (NVDA) surged to a fresh record high recently after the company's latest earnings report. The stock is up about 100% so far this year. Nvidia reported third-quarter earnings of $1.33 per share, up 41% year over year, and well above the $0.94 per share Wall....More>>>
First it was Harvey, now it’s Irma.
Airlines are scrambling to get out of the way of one of the most powerful Atlantic hurricanes ever recorded as the storm threatens to make landfall in the continental U.S. this weekend.
While many scheduled flights were nixed in the path of Irma, U.S. and Canadian airlines scrambled on Wednesday to dispatch aircraft to the Caribbean to....More>>>
Even as the automaking world has gone global, Detroits Big 3 automakers still are in the lead when it comes to making cars with the most American components and labor, a new study finds.
Three General Motors models– Buick Enclave, GMC Acadia and Chevrolet Traverse — were tied at the top the list of the most American-made car models in the 2017 Kogod Made in America Auto Index,....More>>>
August 29, 2017: The S&P 500 closed up 0.08% at 2,446.29. The DJIA closed up 0.26% at 21,865.89 and the Nasdaq closed up 0.30% at 6,301.89.
Following a lower opening on concerns related to the North Korean missile launch and the continuing impact of tropical storm Harvey on the nation’s core energy center around Houston, equities recovered somewhat on an improved reading on consumer....More>>>
Investment company Smith Shellnut Wilson Llc buys Vanguard S&P 500, TechnipFMC PLC, PPG Industries, Reynolds American, sells Harman International Industries, FMC Technologies, Guggenheim S&P 500 Equal Weight, United Parcel Service, Northrop Grumman during the 3-months ended 2017-03-31, according to the most recent filings of the investment company, Smith Shellnut Wilson Llc . As of 2017-03-31,....More>>>
Late last week, small cap algae commercialization stockAlgae Dynamics Corp (OTCQB: ADYNF) announced a research agreement with the University of Waterloo to perform fundamental research on cannabis oil and its constituents in the context of the development and treatment of cancers of the colorectum, pancreas, breast and prostate. This announcement follows a previously announced new strategic initiative....More>>>