The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.5% in the group’s seasonally adjusted composite index for the week ending June 29. Mortgage loan rate movements were mixed last week.
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>>>
As their investors know, North America drives Detroit automakers’ profits, especially Ford Motor Company’s (NYSE:F). The region generated $1.99 billion of the Blue Oval’s total automotive (not including Ford Credit) first-quarter pre-tax profit of $1.97 billion — yes, the other regions combined to drag the total down. But Ford’s European region, with a gradual recovery....More>>>
(Note: Subscribers to Main Street Value Investor Marketplace received the first look at this research.)
Toyota Motor Corporation (TM) is the worlds eighth-largest company by sales based on 2016 consolidated revenues per the Fortune Global 500. Interestingly, Toyota is tailgating seventh-ranked and fellow automaker, Volkswagen (OTCPK:VLKAY) by a slim $8 million of revenue.
NEW YORK, NY – SEPTEMBER 28: Mark Cuban speaks onstage during the THRIVE with Arianna Huffington panel at The Town Hall during 2016 Advertising Week New York on September 28, 2016 in New York City. (Photo by Slaven Vlasic/Getty Images for Advertising Week New York)
During the NBA All-Star Technology Summit in New Orleans, Dallas Mavericks owner Mark Cuban shared a bold prediction about....More>>>
McDonald’s investors (NYSE:MCD) are celebrating a Trump victory that will usher in an administration far more friendly to businesses. A Republican government may do its part in avoiding things like the golden arch being liable for independent contractor violations or in voiding the penalties faced by employers under the Obamacare mandates.....More>>>
Honda Motor President, CEO and representative director Takahiro Hachigo (C) answers questions following a joint press conference with Hitachi Automotive Systems President and CEO Hideki Seki, in Tokyo on February 7, 2017. Japanese automaker Honda announced February 7 a joint venture with Hitachi Automotive Systems, a subsidiary of the industrial conglomerate, to collaborate in the field of electric....More>>>
Investment company Narus Financial Partners, LLC buys iShares Floating Rate Bond, iShares National Muni Bond, Qualcomm, Vanguard Div Appreciation ETF – DNQ, Apple, Oracle, Charles Schwab, AMN Healthcare Services, Target, Valero Energy, sells iShares MBS, Vanguard Intermediate-Termorate Bond ETF, Lannett Co, NVIDIA, Whirlpool during the 3-months ended 2017-03-31, according to the most recent....More>>>
RBC’s Kurt Hallead and Benjamin Owens offer their take on Transocean (RIG) appearance at the RBC Global Energy and Power Conference:
Our view: Transocvean continues to execute well, with the focus on revenue efficiency bearing fruit over the last several quarters. However, we believeTransocean shares have limited upside until the market gains more confidence....More>>>
"I personally sold all my gold and gold stocks yesterday," I told a crowd of 500 gold bugs at the Sprott Natural Resource Symposium in Vancouver at the end of July. The crowd was shocked… But my timing was nearly perfect. Gold is down 12% since the beginning of August. And gold stocks – as measured by the VanEck Vectors Junior Gold Miners Fund (GDXJ) –....More>>>
SOFIA, Bulgaria The European Union has called on U.S. President Donald Trump's administration to stop threating it with tariffs on steel and aluminum, saying Thursday it is prepared to discuss trade but not at gun-point.
In March, Trump slapped tariffs of 25% on steel imports and 10% on impo
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...
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If you're not familiar with how Social Security works, you might assume that there's a single age at which eligible recipients have to file for benefits. Not so. You actually get an eight-year window to claim benefits that begins at age 62 and carries through until age 70. (Technically, you're no
The biopharma and drug supply chain sectors outperformed the market last week, even as Trump administration officials pressed the president's blueprint to lower drug prices, with tough rhetoric for drugmakers and public shaming of pharmaceutical firms for supposedly blocking competition.