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The shuttered Trump Taj Mahal casino in Atlantic City has found a buyer.
The new owner will be a group of investors led by Hard Rock International, the company behind Hard Rock Cafe.
President Trump once operated the hotel, but financed the project with junk bonds and could not cover their payments. He parted ways with the place in 2009.
Carl Icahn, who serves as an adviser....More>>>
With the turn of the calendar, its the perfect occasion for many Americans to think about doing things differently starting on Jan. 1.
And while the idea of making a New Years resolution may sound hokey or clich茅, a recent survey from investing giant Fidelity shows that simply making a plan to improve in the coming year can be an important part of your overall financial health.
Hopefully this article will help investors/readers grow their assets.
Valero Energy Corp. (NYSE:VLO) is a refining competitor to Phillips 66 (NYSE:PSX). In Q2 2016 Warren Buffet raised his stake in PSX by 1.09% (+824,630 shares) to 14.53% (or 76,375,375 shares). He may eventually plan to buy the entire company. Investors could buy PSX in order to ride along with Warren Buffet. As a good....More>>>
In the sector, two heavyweights that hog the limelight are Caterpillar Inc. (NYSE:CAT) and Deere & Company (NYSE:DE) with market capitalizations of $54.21 billion and $33.5 billion, respectively. Caterpillar is the world’s largest manufacturer of construction and mining equipment and also dabbles in agricultural equipment. It falls under the Zacks categorized Manufacturing-Construction....More>>>
November 11, 2016: Markets opened lower Friday and did not move much from the breakeven line for most of the day. Friday’s best performing sectors were real estate and consumer discretionary stocks, with energy and materials the worst performers. WTI crude oil for December delivery settled at $43.41 a barrel, down 2.8% for the day and down 1.5% for the week. December gold dropped 3.3% on the....More>>>
I started keeping an eye on the uranium market for a while now. The decade-long decline in prices has to end eventually, and a few months back, I started noticing some signs that we are close to a turnaround, which is something I mentioned in an article back in December. Looking at the latest spot price data, it seems that there is a chance that we may have seen a bottom in November.
European Pressphoto Agency
An upbeat reading on U.S. retail sales isnt enough to keep U.S. stock indices from tanking today. The Dow dropped more than 200points in late afternoon market action.
The Dow Jones Industrial Average dropped 1.19% and the S&P 500 fell 1% while the Nasdaq Composite fell 0.6%.
Energy and financial shares in the S&P 500 led the declines with....More>>>
As a service to our readers, we’ve put together a list of 10 cheap oil stocks under $5. Here are the stocks, share prices, and year-to-date (YTD) returns for each:
Vallourec Sp (OTCMKTS ADR: VLOWY); $1.42; +13.6% YTDIthaca Energy Inc. (TSE: IAE); $1.93; +14.5% YTDSandRidge Permian Trust (NYSE: PER); $3.45; +16.95% YTDGeopark Ltd. (NYSE: GPRK); $5.06; +17.4% YTDGastar Exploration....More>>>