There are a lot of moving parts going on in Novartis AG (ADR)(NYSE:NVS) at present, but I still see strong growth coming down the track. The company announced its second-quarter earnings this week where the surprise was definitely the growth of the company’s Alcon division. Alcon has been earmarked for either a sale or a spin-off for many months now, but its recent unexpected growth has left....More>>>
Sometimes I discuss stocks which sit out of my comfort zone, simply because they have a few characteristics which could be of interest to any kind of investor but don’t necessarily fit my portfolio. For example a blue chip stock which has features of positive capital gains combined with interesting dividend. In this case I am talking about Accenture (NYSE:ACN). A little bit more than a year....More>>>
Wynn Resorts (WYNN) sunk to the bottom of the S&P 500 today after China said it would limit ATM withdrawals in Macau.
Shares of Wynn Resorts dropped 11% to$90.72 today, while the S&P 500 gained 0.2% to 2,246.19.
My colleague Dimitra DeFotis, who runs Barron’s Emerging Markets Daily, explains what happened:
The move is another in a series to....More>>>
Linda Radach has had six hip replacement operations since 2006, three on each side. Osteoarthritis was the reason she needed surgery in the first place, but replacing her hips in some ways only worsened her troubles.
Following two of the procedures, the implanted metal socket didn’t integrate with the bone of her own hip socket and was loose, causing excruciating pain. Most recently,....More>>>
Conversions to Roth accounts can be a great tax-savings move, but conversions cost money. Choosing to use nonretirement funds to pay the taxes is the way to go. Ill explain.
Q. Hi Dan, In a question about Roth conversions when your income changes you wrote, "…if you don’t have money outside of your IRAs to pay the tax on the conversion, you undermine the math…"....More>>>
Ralph Lauren Corp. (NYSE: RL) just became the latest company to fall victim to the “Retail Ice Age.”
The 50-year-old American icon announced it shuttered its flagship store at Fifth Avenue and 55th Street in New York City on Tuesday (April 4). It will also close 50 other retail locations by the end of the fiscal year.
The fancy clothing company is desperate to find....More>>>
As the stock market inches toward the end of the year, among the four car manufacturers that sell the most cars in the United States, there is one clear loser in the stock market. FordMotor Co. (NYSE: F) shares are down sharply, off 12%.
Wall Street has not been kind to the auto industry in general during 2016. While the S&P 500 is up 10%, General Motors Co.(NYSE: GM) stock is higher....More>>>
President Trump caused the U.S. dollar to slump Wednesday.
The dollar dropped 0.7%, a major move, after Trump told the Wall Street Journal that the dollar is “getting too strong.”
“I think our dollar is getting too strong, and partially that’s my fault because people have confidence in me,” Trump said. “But that’s hurting — that....More>>>
Thesis: Substantial pessimism of the completion of the Genworth (NYSE:GNW) deal to be acquired by China Oceanwide presents an opportunity for the smart investor.
As we see, the shares have never traded anywhere near the “deal price” of $5.43. The market has been consistently skeptical.
Market has its doubts on Genworth buyout
Blue-chip companies rightfully make up the bulk of most people’s investment portfolios. These large-cap firms possess considerable industry leverage, as well as a vast sum of financial resources. Their status and importance to the underlying economy means that they are the least likely to crumble, regardless of external pressures. Ultimately, blue chips provide the confidence and stability....More>>>