Enbridge (NYSE:ENB) annouced in 2016 that it would buy Spectra Energy (NYSE:SE) for nearly $28 billion dollars. The deal has yet to close, but is projected to close some time this quarter, likely towards the end of it in March. A few months ago, I wrote about my opinion on the acquisition, particularly as it related to how good of a deal Spectra shareholders received. This acquisition creates the....More>>>
Last Monday, President Trump added another notch to his “America First” belt with the announcement of a new 30% tariff on imported solar panels.
Companies that produce solar cells and panels will get to sell 2.5 gigawatts worth of those energy products to U.S. consumers, but they’ll have to pay a special tax on any sales above that amount. For the first year of this new....More>>>
The euro gained against the dollar on Tuesday, with analysts attributing the rally to centrist candidate Emmanuel Macron performing well in Frances first televised presidential debate.
The shared currency
Big-name sponsors are yanking their support from New York’s 2017 Puerto Rican Day Parade after organizers decided to honor a man labeled by U.S. officials as a terrorist.
Coca-Cola (CCE), AT&T (T, Tech30), JetBlue (JBLU), Univision (UVN), The Daily News, the New York Yankees and Goya Foods are among the companies that have decided not to sponsor the event, which is scheduled....More>>>
President-elect Donald Trump campaigned on an ambitious agenda to overhaul the many federal regulations currently in place…
Especially regulations that are hindering economic growth and harming the average American.
On Oct. 7, 2016, he said that “70% of regulations can go… it’s just stopping business from growing.”
To that end, one of Trump’s....More>>>
If you want to make big gains in the market, you need to invest in growth. Just consider the gains you could have made during the U.S. consumer boom in the 1950s… From 1950 to 2015, U.S. gross domestic product (GDP) per capita rose 690%, adjusted for inflation. During that time, the S&P 500 soared 11,700% (not including reinvested dividends). Over the course....More>>>
Is it possible to begin with nothing and acquire wealth in America? Is it still possible today? I've been studying that question for almost 20 years. And the answer is unequivocal: It is. It is still possible for ordinary, wage-earning Americans to become wealthy. From my research, I have seen that there are basically three ways to get rich: 1. Slowly (in....More>>>
DENVER Santa is stuffing stockings with a little extra green this holiday season: marijuana.
Pot shops are reporting the average purchase is up 21% in the week before Christmas, according to the marijuana-software firm Baker, which runs store customer-service systems. The most popular items: marijuana-infused edibles like brownies or cookies.
Also near the top of the list are vaporizers,....More>>>
Top 10 Firms Fee-Based Advisors Are Most Loyal To: Cogent Reports
6 Keys to Investment Success: T. Rowes Brian Rogers Reflects
6 Tax-Law Time Bombs Affecting IRAs
Fiduciary advocates are urging the incoming Trump administration to spare the Labor Department’s fiduciary rule, as government lawyers press a Washington judge not to put on hold his recent ruling that upheld....More>>>
For some time Airbus (OTCPK:EADSF) and Boeing (BA) have been talking about increasing production rates on their single aisle aircraft. The main reason – there was a need to stress their supply chains even more? They would point to this backlog. Both companies are sitting on record demand for their latest generation aircraft.
Click to enlarge
But these aircraft were ordered....More>>>