International Game Technology (NYSE:IGT) reported its Third Quarter 2017 Results on Tuesday, November 14th, much to the delight of investors. Shares ended the day up 15% as the company reported earnings of $0.40/share vs. expectations of $0.24/share. The casino equipment maker’s stock was having a lackluster year but is now nearing its 52-week high of $32.07.
IGT data by YCharts
With the collapse in Teva (TEVA) stock and other generics last week, I have reviewed my articles and find that the last time I commented on it and the generic industry was over a year ago. Before commenting on the values inherent in today’s lower prices for generics, here are the first two bullet points from my May 11, 2016, Seeking Alpha article, Generic Stocks Down; Are....More>>>
The Q3 earnings report for small cap social media stock MeetMe Inc (NASDAQ: MEET), a previous Elite Opportunity Pronewsletter portfolio pick, is scheduled for before the market opens on Monday (November 7th). In January,our Elite Opportunity Pronewsletter suggestedthe small capas an attractive long-term investing idea thathad also doneextremely wellfor usseveral months before:
NetApp seems almost ready to spread its wings – but many analysts think they have shot it down!
Is that hyperbole? It is important to carefully review what NetApp (NASDAQ:NTAP) has been able to accomplish since the new management team was appointed to clean up the wreckage wrought by the prior CEO and the team that had run the company almost to extinction.
This is still a turnaround....More>>>
Lemmings jump off a cliff
DryShips (NASDAQ:DRYS) is down significantly in the face of another reverse stock split. On top of this bad news, the Baltic Dry Index has fallen sharply in the face of plunging capesize rates.
Regardless of the challenges facing DryShips, a new group of lemmings will continue to buy the stock and prop up Economou’s plaything. For this reason, we....More>>>
I read your recent article on long-term-care insurance. Are there any tax strategies I can use to help cover the premiums for this insurance?
Take Our Quiz: 10 Things You Should Know About Long-Term Care
Yes, there are several tax-advantaged ways to help take the sting out of the costs of long-term-care coverage.
1. Tax-free withdrawals from an HSA. If you have a health savings....More>>>
IMAGE SOURCE: Workday Inc.
Shares of Workday Inc. (NYSE:WDAY) climbed 9.9% on Wednesday, after the company announced that Wal-Mart (NYSE:WMT) has purchased a subscription to its Workday Human Capital Management, Recruiting, Learning, and Planning applications.
Workday also noted it isn’t updating its latest financial guidance, which incidentally....More>>>
One of the advantages of being a dividend investor is that I invest in businesses that meet a certain qualitative and quantitative criteria. This allows me to focus on quality compounding machines with established track records. This discipline also allows me to avoid overpaying for those companies.
Even the best company in the world is not worth overpaying for. Another trait....More>>>
The September U.S. Dollar Index is trading at 96.33, down 0.05
The U.S. dollar index is trading nearly unchanged Friday afternoon after a back and forth trading day.
The Federal Reserve just reported that consumer credit rose by $18.56 billion in May versus a $13.40 billion rise in April. Non-revolving credit rose $16.204 billion and revolving credit rose by $2.35 billion.
Facebook (NSDQ:FB) Inc. reported a strong set of Q3 numbers a week ago. However, theFacebook stock price has fallen by nearly 10% in 7 trading sessions following the announcement, as some analysts claimed ‘peak Facebook’ was now behind us. In an unexpected twist, the victory of Donald Trump in the US presidential elections has become the latest ‘thorn in the flesh’ for Facebook,....More>>>