Oppenheimer Asset Management Inc. lessened its holdings in Sallie Mae (NASDAQ:SLM) by 33.6% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 24,566 shares of the credit services provider’s stock after selling 12,416 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Sallie Mae were worth $275,000....More>>>
Theres no clear consensus on how Apple Inc. (NSDQ:AAPL)will perform in China, as retail channel checks suggestdemand is robust in China.
However,the Chinese retail commentary wasnt very supportive in the month of October, and Im guessing that was attributed to Apples cautious stance on channel inventory, as Apple reduced channel inventory by a couple of weeks, which reduced production at....More>>>
Citigroup’s Alastair Syme and team argue that the earnings from big oil companies like Chevron (CVX), Total (TOT) and Royal Dutch Shell (RDS.A) will be bad…real bad. But that won’t stop the stocks from outperforming. They explain why:
Negative headlines, positive performance: We expect the majority of Big Oil companies to post negative 1Q16 earnings,....More>>>
A few weeks ago we discussed how you can make 12% annually, forever, from stocks. Now let’s apply those lessons to 2017, and highlight five that should do even better (17%+ returns) this year (and likely beyond).
Remember, projecting our returns from any given stock is simple. We simply add together the three ways it can pay us:
Its current dividend.
New research on money-stealing hackers shows they are expanding their reach — and looking more like an international mafia.
The cybersecurity experts at Dell SecureWorks track banking botnets, the massive networks of infected computers that steal victims’ bank logins and empty their checking accounts.
In 2015, the most vicious viruses expanded to also target warehouses....More>>>
31% Cut in Social Security Benefits Needed by 2031: CBO
3 Wishes 401(k) Participants Want Advisors to Grant in 2017
The Best and Worst ETFs of 2016: Morningstar
U.S. charities and foundations are on edge about how the stated policies of the incoming Trump administration and the Republican-majority Congress will play out in the coming year.
Nonprofit groups could see the....More>>>
The November OPEC meeting is tomorrow and the stakes are high for the entire energy sector.
At this week’s meeting, the cartel will try to reach its first official production agreement since 2008 in a bid to raise global crude oil prices.
At the September OPEC meeting, the cartel surprised the world by announcing it had reached a tentative agreement to cut oil production....More>>>
Shares of Control4 (NASDAQ:CTRL), a leading provider of automation and networking systems for homes and businesses that boasts products to personalize control of music, video, lighting, comfort, security, and communications as an entire premium smart home system, are soaring 20% higher on Friday as of 1:40 p.m. EST.
The surge in price was fueled by the company’s....More>>>