Fortescue Metals (OTCQX:FSUMF) is an iron-ore producer based in the rich soils of the Pilbara in Western Australia. While it is a relatively new company, making its first shipment in 2008, it has rapidly made a name for itself with its low costs and tantalizing dividend yield. Although iron ore price projections are currently up for debate and the general consensus seems to be that it’s only....More>>>
Chairman and CEO of B. Riley Financial Inc (NASDAQ:RILY) Bryant R Riley bought 28,000 shares of RILY on 06/15/2017 at an average price of $15.55 a share. The total cost of this purchase was $435,400.
B. Riley Financial Inc is a diversified financial services company. The company through its subsidiaries offers investment banking and financial services. B. Riley Financial Inc has a market....More>>>
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John Doak, the Oklahoma insurance commissioner, today gave members of a Senate panel advice that would please many health insurance agents and brokers: He called for the Senate Committee on Health, Education, Labor and Pensions to investigate the....More>>>
ICICI Direct’s research report on MindTree
US$ revenues grew 5.6% QoQ to $226.2 million, above our 3.6% growth, $222 million estimate. Constant currency revenue grew 4.5% Revenues in rupees grew 6.3% QoQ to Rs 1,464 crore, above our 3.7% QoQ growth and Rs 1,428.7 crore estimate EBITDA margin reported a strong performance and expanded 100 bps sequentially to 16.1%, way ahead of our....More>>>
Electric utility firm Southern Company (NYSE:SO) recently delivered pleasant news to investors. The company announced a 8-cent hike in annual dividend to $2.32 per share. Notably, this marks the 16th straight year that the company has increased its annual payout. The quarterly dividend of the company will increase by 2 cents from 56 cents to 58 cents, representing a 3.6% hike. This marks....More>>>
Liberty Tax Inc (NASDAQ:TAX) files its latest 10-K with SEC for the fiscal year ended on April 30, 2017. Liberty Tax Inc is engaged in providing retail federal and state income tax preparation services and related tax settlement products in the United States and Canada. Liberty Tax Inc has a market cap of $167.420 million; its shares were traded at around $13.20 with a P/E ratio of 15.90 and P/S....More>>>
Big banks have gotten a boost today from JPMorgan Chase’s (JPM) dividend increase, and the hawkish Fed minutes, because higher rates are still expected to help banks out despite what happened last time. In a note previewing Wells Fargo’s (WFC) investor day on May 24, Jefferies analyst Ken Usdin and team write that “higher rates help, but other items weigh on longer-term net-interest-margin....More>>>
CEO of Fs Investment Corp (NYSE:FSIC) Michael C. Forman bought 33,500 shares of FSIC on 02/07/2018 at an average price of $7.45 a share. The total cost of this purchase was $249,575.
FS Investment Corporation is an investment company. Its business objective is to achieve long-term capital appreciation and income by investing in a diverse range of sectors such as capital goods, apparels and....More>>>
Seeing value in Urban Outfitters (URBN) was not difficult considering the multiples the stock was trading at vis vis the many attractive characteristics of the company – good free cash flows, no net debt, a good level of diversification among brands and a rich and relatively safe dividend, to name a few.
The recent results only confirmed a positive trend that had begun when the....More>>>
Lenovo Group (HKSE: 992) (ADR: LNVGY), is a Fortune 500 company, a leader in providing innovative consumer, commercial, and enterprise technology, and holding the ‘number one’ position for tablet sales worldwide.
In the US (like a number of foreign companies) Lenovo trades on the pink sheets. The primary listing is in Hongkong, and the company offers dividends, (with a 2016 yield....More>>>