May 23, 2017: Markets opened higher again Tuesday but have not moved much higher as the session went on. The blue chips performed best with particular strength in financials. Tech stocks and consumer discretionaries are on track for a down finish. WTI crude oil for July delivery settled at $51.47 a barrel, up 0.7%. June gold dipped 0.5% for the day to settle at $1,255.60. Equities were headed for....More>>>
Warren Buffet aims to hold stocks forever. Were a bit less patient. But we like playing the long game: picking a few solid companies, sticking with them through tough times and hanging on for years, even a decade or more. Investing for the long haul can smooth out the risks of buying individual stocks, which may tumble or stay depressed for ages before taking off. A companys innovations may also....More>>>
Many investors think of China as rich. But outside of a handful of east coast exporting cities and Beijing, it is still poor and getting old. How will the government take care of all these people? (Photo by Kevin Frayer/Getty Images)
China’s getting old. In fact, they are getting older faster than anywhere else in the world. And the Chinese government has a very weak safety net....More>>>
Small cap apparel retailerGuess?, Inc (NYSE: GES) reportedQ1 Fiscal 2018 earnings after the market closed on Wednesday with shares surging in afterhours/premarket trading. Q1 total net revenue increased 2.2% (up 4% in constant currency)to $458.6 million with the following revenue breakdown:
Americas Retail revenues decreased 14.9% in U.S. dollars and 14.7% in constant currency.....More>>>
A flag flies outside a Sears retail store on March 22, 2017 in Schaumburg, Illinois. Sears Holdings, the parent of Kmart and Sears, Roebuck, & Co., said there is ‘substantial doubt’ about the company’s financial viability (Photo by Scott Olson/Getty Images)
Hopes raised by a chairman’s letter on future strategy March 9 were crushed Wednesday when Sears Holdings....More>>>
Stocks couldnt shake off early losses and all three major indexes ended lower on Thursday.
The Dow Jones Industrial Average lost 210.79 points, or 1.17%, to 17830.76. The S&P 500 Index fell 19.34 points, or 0.92%, to 2075.81. The Nasdaq slid 57.85 points, or 1.19%, to 4805.29.
Blue chips were dragged down by Apple(AAPL): Just days after its disappointing....More>>>
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