After five years of strong growth in apparel and footwear, Nike’s (NYSE: NKE) shareholders were rewarded with returns in excess of 100%. These returns greatly outpaced the 80% return delivered by the S&P 500 (NYSEARCA:VOO) over the same time frame. Unfortunately, 2016 was a tough year for Nike’s shareholders. Holders of Nike’s stock witnessed the stock price tumble over 15%....More>>>
July 7, 2017: Markets opened slightly higher Friday buoyed by a better-than-expected jobs report. The tech and consumer discretionary sectors led the gainers while the energy and telecom sectors were the laggards. WTI crude oil for August delivery settled at $44.23 a barrel, down 2.8% on the day and down 3.9% for the week following another increase in the oil and gas rig counts. August gold dropped....More>>>
Ford (NYSE:F) is known for its attractive valuation, it currently trades at around 7 times its 2017 projected earnings and has an attractive dividend yield of 5.36 percent. It also has a very low price-to-earnings ratio (P/E) compared to most other companies on the S&P 500. The stock trades at around $11 during the time I am writing this. However, after digging a little deeper, I have found....More>>>
Shares ofPenn National Gaming, Inc. (NASDAQ:PENN), casino operator and equipment maker largely focused on slot machines, climbed 28% throughout March, according to data fromS&P Global Market Intelligence, after the company announced that it raised financial guidance for the first quarter of 2017 ending March 31.
About a week before the quarter ended,....More>>>
A strange turn of events has sent shares of CSX (CSX)–and other railroads, including Union Pacific (UNP) and Canadian Pacific Railway (CP)–soaring today. It all started when Hunter Harrison announced that he would leave Canadian Pacific ahead of schedule to team up with activist investor for the turnaround of another railway company. That company is thought to be CSX.
Small cap dairy stock Dean Foods Co (NYSE: DF) reported Q1 earnings before the market opened this morning with results missing expectations. Net sales were $1.996 billionversus $1.879 billion as total volume across all products were 633 million gallons for the first quarter of 2017, a 1.3% decline compared to total volume of 641 million gallons in the first quarter of 2016. Based on fluid....More>>>
A newly released study shows that Social CEOs can enhance the reputation of their firms, attract talent and increase sales . To learn more, I spoke with Amy McIlwain, Global Industry Principal, Hootsuite. Amy is an author, speaker, social media veteran and enthusiastic world traveler. This is an edited version of our conversation over the phone and email.
Joanna: Tell us about your recent....More>>>
Scandals Come and Go like Feathers in the Wind
In April 2012, JPMorgan (NYSE:JPM) reported a scandal involving a rogue trader who became known as the London whale. JPM lost at least $2 billion off the trades, however, the real damage was to its share price which collapsed from $42 to $33 over the subsequent two weeks. The share price drop wiped off more than $30 billion of JPM’s....More>>>
Riding on improving consumer sentiment, Ford (NYSE:F) brushed aside investors concerns by posting a much better than expected November sales number. The better than expected sales growth saw Ford stock gaining more than 4%. The stock is however down 11% YTDas investors are worried that US auto market has peaked for now. Also, the rising interest rates may adversely impact the stock. However, Ford’s....More>>>
Intrexon (XON) has made a small yet strategic acquisition in buying GenVec (GNVC); with the purchase, XON gets AdenoVerse, a platform of adenovirus vectors for delivering drugs and vaccines that dovetails nicely with its existing suite of gene therapy technologies, suggests John McCamant, editor of The Medical Technology Stock Letter.
The ability to increase the payloads of viral vectors....More>>>