The yield on the benchmark 10-year Treasury note started the week on a tear, jumping to 2.99 percent and toying with the key 3 percent level that could trigger a reaction across global financial markets.
After struggling through deregulation, high oil prices, and a lengthy recession, airline stocks have rebounded in synchronization with the US stock market, with better global economies, and generally as a leading US economic indicator. A simple comparison of the six largest US airlines gives an encouraging picture of the recovery.
Of course, investors should be aware that airlines legendarily....More>>>
A number of years ago, Warren Buffett referred to derivatives as “financial weapons of mass destruction.” Since then, Wall Street has tried to pooh-pooh this description, but the facts speak for themselves.
See Also: 7 Best Dividend Stocks for a Rocky Market
What is a derivative? Basically, it’s a bet couched as a complex financial instrument. Investopedia defines....More>>>
September 13, 2017: Markets opened mixed Wednesday and none of the major indexes has strayed far from the break-even line with less than an hour to go until the closing bell. The producer price index rose by 0.2%, a little less than expected. Among the sectors, energy has posted the largest gain following the report on U.S. inventories while real estate and healthcare lagged. WTI crude oil for October....More>>>
Pittsburgh, PA, based Investment company Kellogg W K Foundation Trust buys SPDR Select Sector Fund – Energy Select Sector, sells iShares MSCI Emerging Index Fund during the 3-months ended 2017-09-30, according to the most recent filings of the investment company, Kellogg W K Foundation Trust. As of 2017-09-30, Kellogg W K Foundation Trust owns 5 stocks with a total value of $4.4 billion. These....More>>>
It was a nothing day–until word spread that OPEC was seriously considering capping oil production. Then it was off to the races.
The S&P 500 0.5% to2,171.37 today, while the Dow Jones Industrial Average gained 110.94 points, or 0.6%, to18,339.24. The Nasdaq Composite advanced 0.2% to5,318.55. The S&P 500 was down 0.04% at 2:10 p.m. today, before the OPEC....More>>>
It’s been a busy week for the folks at Patriot One Technologies (OTCQB: PTOTF) (TSX VENURE: PAT.V), and the way the stock is moving this morning, it doesn’t look like anyone is going to be leaving early today to get a jump on the weekend, either. On Tuesday of this week Patriot One announced a big bump in sales over the past three months of their award winning PATSCAN....More>>>
When Warren Buffett, a guru I emulate on Validea, purchased his first shares of GEICO back in 1951, there were no funny commercials or talking lizard mascots to entice him. It was Buffett’s limitless curiosity about the company’s then-chairman Benjamin Grahamone of Buffett’s professors at Columbia University as well as his mentor and “hero”–that led Buffett to....More>>>
Shares of Bank of America (BAC), Citigroup (C) and JPMorgan Chase (JPM) are rising today, but not Wells Fargo (WFC) despite beating earnings forecasts this morning. Why? Evercore ISI’s John Pancari and team single out Wells Fargo’s exposure to energy:
Patrick T. Fallon/Bloomberg News
Wells Fargo reported 1Q16 EPS of $0.99. Ex gain on sale of Wells Fargo’s crop....More>>>
Globalstar (NYSEMKT:GSAT) has been growing its total sales, but still struggles with its bottom line. 2016 revenue increased 7%,but another round of financing could be needed to keep things afloat, as operating margin is still deep in the red. The company is making some headway, but time could be running out for the satellite communications provider.
Airbus SE Chief Executive Officer Tom Enders sketched out the company’s plans for the next generation of European fighter aircraft and warned that Brexit means the U.K. could miss out on future production.
Airbus’s German operation is working with French warplane specialist
Picking stocks in a bull market is so easy the GEICO caveman could do it. After all, when the broader market indices, like the S&P 500, trade at average price-to-earnings (P/E) and price-to-sales ratios (P/S) of 24.4 and 2.2, respectively, just about every stock in the index is rising.
DFSCoin (CURRENCY:DFS) traded 6.4% higher against the US dollar during the one day period ending at 9:00 AM Eastern on April 21st. One DFSCoin coin can currently be purchased for about $0.0488 or 0.00000560 BTC on cryptocurrency exchanges including CoinExchange and Cryptopia. In the last seven