June 5, 2017: Markets opened lower Monday following a report that several Middle East oil producing nations have cut ties with Qatar due to that country’s support for terrorism. The energy sector ended up being the best performer for the day, but that was not enough to offset poor performers like the utilities and materials sectors. WTI crude oil for July delivery settled at $47.40 a barrel,....More>>>
Related FBC Benzinga's Top Upgrades, Downgrades For August 31, 2017 Detroit Pistons, Flagstar Bank Sign Jersey Sponsorship Deal
When Alessandro DiNello was named CEO of Flagstar Bancorp Inc (NYSE:....More>>>
On September 1st, Roku filed a prospectus with the SEC, planning to list on the NASDAQ under the ticker ROKU. Roku pioneered streaming to the television through a device that used the internet. As of June 30th, Roku has 15.1 million active accounts. In the first six months of 2017, Roku owners have streamed 6.7 billion hours through their Roku devices.....More>>>
Stocks fell on Thursday, but ended with only slight declines after dropping more steeply early in the session. By the closing bell, the Dow Jones Industrial Average(DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) indexes had each shed less than 0.25%.
Today’s stock market
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Wells Fargo & Co. said credit-card applications dropped 55 percent in February from a year earlier, the biggest decline since a scandal involving fake accounts erupted in September.
Retail customers opened....More>>>
Small cap fitnessdevice stockFitbit Inc (NYSE: FIT) reportedQ2 2017 earnings after the market closed Wednesday ascompetition in the fitness device and wearables market meansthe Company still has elevated short interest of 27.86% according to Highshortinterest.com. Revenue was $353.3 million versus $586.5 million (the third straight quarterly decline) asUS revenue contracted 55% to $199....More>>>
I believe the European financial market contains too much risk, and one should rather invest in the American financial system because it has a lot more upward potential. I wrote that in one of my latest articles. However, there is one exception to my statement: UBS Group (NYSE:UBS). The Swiss banking group is especially strong in investment banking and asset management and will probably outperform....More>>>
Global central banks continue to tout the positive outcomes of negative interest rates, but investors should not be fooled. Negative interest rates are a massive failure.
Fortunately for investors, Money Morning Global Credit Strategist Michael Lewitt has found a way to profit from the growing use of negative interest rates. Before we get to that, here’s how negative-interest-rate....More>>>
Athletic footwear and apparel company Nike (NYSE:NKE) has been around since 1964. As the retail market has been facing tough competition against e-commerce business, how has Nike been holding up? Well, since the company’s financials continuously look better each year and it’s outperforming its competition, the popular company should be on investors’ minds right now.
This is the second part of a three-part series where I plan to discuss the current and upcoming battles of the “solar wars.” The three battles are: net-metering, tariff reform, and grid defection. This is the tariff battle discussion.
The solar wars are mainly between the existing monopoly utilities and the solar industry that is involved with behind-the-meter solar installations.....More>>>