Bruce Berkowitz (Trades, Portfolio): Fairholme’s latest internal figures have Sear (NASDAQ:SHLD) at a net asset value (NAV) of over $90 per share. This figure has been dramatically reduced over time due to the retail cash burn. We come up with the $90+ per share based upon the remaining real estate of the company – including long-term leases, which we have significantly discounted to....More>>>
Small cap prepaid payment network and card stock Blackhawk Network Holdings Inc (NASDAQ: HAWK) reported Q2 2017 earnings after the market closed Wednesday with results beating Wall Street expectations. Operating revenues increased 18% to $463.1 million due to an 8% increase in commissions and fees driven primarily by international growth, including the addition of Grass Roots which was acquired....More>>>
Warren Buffett is known as many things: the Oracle of Omaha, one of the world’s richest people and a BFF of fellow billionaire Bill Gates. One thing that Buffett isn’t known as: a tech investor.
SEE ALSO: 11 Dow Stocks Owned by Warren Buffett
But the 86-year-old chairman of Berkshire Hathaway (BRK.B), who admits to not even owning an iPhone, is coming around to....More>>>
Midway through trading Monday, the Dow traded up 0.29 percent to 23,627.34 while the NASDAQ climbed 0.04 percent to 6,891.83. The S&P also rose, gaining 0.09 percent to 2,604.65.
Leading and Lagging Sectors
On Monday, the non-cyclical consumer goods & services sector proved to be a source of strength for the market.
In trading on Monday, energy shares fell 0.70 percent.....More>>>
First, two quick notes about Nota bene #4. There’s a small correction, for starters: The sums done by Rebecca Goldin at George Mason (thanks again, Rebecca!) were based on children under 6, not children 6 and under.
Secondly, I got quite a lot of feedback about lead incidence over time, saying essentially that the levels of lead which we’re very worried about today were commonplace....More>>>
15 Most Overlooked Tax Deductions: 2017
For Fiduciary Rule, Morningstar Sees Up to $150M in Annual Class Action Settlements
Top 10 Cities for Millennial Homebuyers
LIMRA Secure Retirement Institute has released its top 20 annuity manufacturer rankings for 2016.
According to LIMRA’s annuity sales survey for the fourth quarter of 2016, Jackson National Life....More>>>
I’ve been renovating my house for far too long now, and when I bumped into my neighbor the other morning I apologized for the incessant and seemingly endless noise from construction. “Not to worry” he jovially exclaimed. “You’re increasing the value of all our houses!” Ahh… the beauty of nice neighbors. Such is the case with Toronto, Ontario....More>>>
Box (NYSE:BOX) provides a SaaS enterprise content management platform that enables small to large organizations to securely manage enterprise content while allowing secure access and sharing of this content. It provides modern cloud architecture combined with enterprise-grade security and controls, and integration to multiple corporate technology solutions.
I believe the market....More>>>
24/7 Wall St. has put together a preview of the major companies scheduled to report their quarterly results this coming week. The broad markets closed out last week with the Dow and S&P 500 holding near all-time highs. However, the Nasdaq has fallen off but could stand to make a handy recovery. A strong earnings showing from these stocks could help the markets reach even higher highs.
Investing in biotech and pharmaceuticals is always a bit of a wild card. The industry is often at the mercy of government regulators, and a clinical trial can always present unexpected challenges. When biotech and pharma stocks hit it big, however, its big news that often yields big returns. A lesser promoted biotech sector is the medical devices arena, which is hardly as sexy and....More>>>