As major indices continue to trade near record highs it has become more difficult to hunt down valuable stocks at cheap prices. But if you can find those stocks, and if those stocks happen to boast a dividend yield of 3%, it gives investors an opportunity for solid returns at a time when many stocks are overpriced. Both Williams-Sonoma, Inc. (NYSE:WSM) and Ford Motor Company (NYSE:F) offer investors....More>>>
Federal prosecutors are pursuing a potential settlement of their record-settingforeign corruption lawsuit that seeks$1 billion in assets, including future proceeds from the 2013 Hollywood hit movieThe Wolf of Wall Street.
Characterized by federal officials as the largest attempted seizure under anti-kleptocracy laws in U.S.history, the case targets officials who allegedly misappropriated....More>>>
After casino mogul Steve Wynn stepped down in February from his position of chief executive at Wynn Resorts Ltd. (WYNN) – in the wake of sexual harassment allegations – questions have emerged about the future of the $18 billion luxury hotel empire that bears his name.
Now the plot thickens as Wynn’s ex-wife, Elaine, a 9.25% shareholder who co-founded Wynn Resorts with....More>>>
There’s a new powerful entrant in the battle for financial data supremacy: Blackstone.
The private equity firm has agreed to buy a majority stake in Thomson Reuters’ financial and risk unit for $17 billion, putting it in direct competition with Bloomberg.
Bloomberg and Thompson Reuters provide financial data and other services to bankers, investors and regulators. Other....More>>>
Today, I will show you how to take our very best investment ideas and make them 10 times better… That's right. Using this simple strategy, I believe every individual investor managing less than $10 million can earn 50% a year in safe stocks. Returns at this level can transform your retirement… or even build generational wealth. But this doesn't mean you....More>>>
Crispin Odey’s European long-short equity fund deepened its losses for the year, plummeting about 20.5 percent in 2017, according to a performance document seen by Bloomberg News.
The Odey European fund, which is overseen by the hedge-fund manager himself in London, fell 8.2 percent in its Euro share class in December, the document shows. This follows the firm’s 49.5 percent....More>>>
Edgewell Personal Care (NYSE:EPC) had its target price trimmed by Deutsche Bank from $48.00 to $43.00 in a research note released on Friday morning. The firm currently has a hold rating on the stock.
Several other equities research analysts have also recently weighed in on EPC. ValuEngine cut Edgewell Personal Care from a sell rating to a strong sell rating in a research report on Wednesday.....More>>>
HL Financial Services LLC trimmed its holdings in shares of Danielson Holding Co. (NYSE:CVA) by 12.3% in the first quarter, HoldingsChannel reports. The firm owned 49,434 shares of the energy company’s stock after selling 6,964 shares during the quarter. HL Financial Services LLC’s holdings in Danielson were worth $717,000 as of its most recent SEC filing.
A number of other....More>>>
Its no surprise that cryptocurrency patents have risen at an extreme rate since the inception of bitcoin in 2008. In fact, the long-term chart of patents looks eerily similar to its price. However, what is surprising is who tops the list.
Bank of America has filed for the most Bitcoin patents
The U.S. banking giant has filed for the most cryptocurrency-related patents according to....More>>>
In an unusual transaction, after the market closed on Monday, news agencies started reporting that Tesla (TSLA) acquired a Minneapolis-based supplier named Perbix.
Tesla Motors Inc. is buying Perbix, a Brooklyn Park company that has been selling factory automation equipment and ideas to the fast-growing automaker for about three years.
There are few details of the transaction other....More>>>