Investment company Bruce Berkowitz buys Washington Prime Group Inc during the 3-months ended 2017-06-30, according to the most recent filings of the investment company, Fairholme Capital Management. As of 2017-06-30, Fairholme Capital Management owns 9 stocks with a total value of $982 million. These are the details of the buys and sells.
Added Positions: JOE, WPG, SRG, SRSCQ, Reduced Positions:....More>>>
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The Centers for Medicare and Medicaid Services has given U.S. health insurers bad news and good news about how individual health coverage performed in 2016.
The bad news is that rising claims ate up....More>>>
Millennials and stocks a mutual need
Millennials, the childrenof the stock-loving Baby Boomers who helped fuel the best-everbull market in the 1990s, haven’t yet developed agood working relationship with the marketlike mom and dad did.
Now mostly in their 20s and early 30s, the people making up the nation’s largest generation haveyet to embrace the concept of stock investing....More>>>
I don't know about you, but I'm fascinated by "world champions" – folks who have literally reached the top of their game. I've been fortunate to meet a lot folks like this (in a variety of fields… namely sports, business, and music). A lot of my own success comes from learning directly from them, and mimicking things they do. I'm SO curious....More>>>
(Source: Google Images)
If data is the new oil, then semiconductors are the new rigs. Back in 2000s, millions of us were users of Yahoo (NASDAQ:YHOO), and in 2017, billions of us are using Google (NASDAQ:GOOG) (NASDAQ:GOOGL) and Facebook (NASDAQ:FB). What would trillions of devices use in 2035 is anybody’s guess. But one thing is certain that whatever data those devices consume,....More>>>
"We're not there yet, but we're close"… So says our colleague Ben Morris about a potential breakout in precious metals. Ben recently noted that both gold and silver, as well as their related mining stocks, had reached critical "resistance" levels. Gold, gold stocks, and silver stocks were still testing these levels, while silver had just broken....More>>>
Chipotle Mexican Grill, Inc. (NYSE:CMG) reported first-quarter earnings of $1.60 per share, notably higher than analysts’ expectations for $1.27. Revenues beat expectations, too, growing 28.1% year-over-year to $1.07 billion. Comp-store sales were up 17.8%. These results helped fuel the 2017 rally, but Chipotle shares only saw an ephemeral push above $500 in the after-hours session.
According to the Bureau of Labor Statistics, only about 44%of workers participate in defined contribution plans such as 401(k)s. If you have a 401(k) retirement savings plan available at your workplace, you might be wondering how safe it is and whether you should participate.
The answers to those questions are yes, 401(k)s are rather safe, and yes, you should probably be making the most of....More>>>
There is no doubt change is in the air across the U.S. after our recent historic election. And one of the likely first changes — or, at least, one of the first to be discussed — will be how to modify, dismantle or eliminate the Affordable Care Act, commonly referred to as “Obamacare.”
Source: Freestocks Via Unsplash
The ACA was an unwieldy monster when it....More>>>
Verizon Communications (VZ) tumbled to the bottom of the S&P 500 today after its earnings fell short of analyst forecasts.
Verizon Communicationsdropped 4.4% to $50.12 today, while the S&P 500 rose 0.7% to 2,280.07.
BTIG’s Walter Piecyk and Joseph Galone wonder if Verizon’s “network advantage over.” They explain why: