On Friday, small cap The Stars Group (NASDAQ: TSG), a leading provider of technology-based products and services in the global gaming and interactive entertainment industries,rose 10.60%after updating itspreviously announced guidance ranges for the full year 2017 and announcing the prepayment of an additional $75 million of second lien debt. Through its Stars Interactive division, The Stars Group....More>>>
We’ve noted before that for all the attention Macau gets, the real action for casinos these days is in Las Vegas. In a report issued today, Gabelli’s Adam Trivison touts the importance of Nevada for Boyd Gaming (BYD) and MGM Resorts International (MGM), which have large Nevada footprints, and for Wynn Resorts (WYNN) and Las Vegas Sands (LVS), which don’t:
Biotricity (OTCBB: BTCY) is a comer in the rapidly growing medical device market and is a small cap to take notice of. Driving this lucrative market are; IoT-driven device connectivity, governmental pressure to cut healthcare costs, escalating hospital costs, a need to reduce hospital readmission rates, an aging population, and a high rate of people with chronic disease. The largest factor driving....More>>>
Uranium has been back in the news lately, not only due to its relationship with geopolitical maneuvering concerning nuclear weapons, but also as a necessary commodity in the global quest for clean, renewable energy.
The United States is the world’s largest producer of nuclear power, accounting for more than 30% of worldwide nuclear generation of electricity. While....More>>>
Of all the basic tenets of modern financial theory, the Efficient Market Hypothesis (EMH) is one of the most controversial and disputed theories. For the uninitiated, the EMH posits that stock prices reflect all relevant price information, which means stocks always trade at fair value.
But if EMH were always true, investors would be wasting their time searching for undervalued stocks or stocks....More>>>
Last week’s post on analyzing US equity value and momentum risk premia ended with a question: How much, if any, improvement should we expect by adding a dynamic system for managing exposure to these risk factors vs. a buy-and-hold strategy? What follows is a preliminary effort in searching for an answer. As a preview, the results are mixed, but this may be an artifact of a) focusing on value....More>>>
As Christmas day draws closer, signs of the holiday spirit are beginning to show. However, even as people plan their holidays, the financial markets remain alive and running, albeit at a slower rate. Understanding seasonality in the market can help you to identify the perfect timing to buy or sell a given financial instrument and make returns way above the market average. This is why, even during....More>>>
QI’ve been contributing to my 401(k), and my employer matches a portion of my contributions. Does the $18,000 maximum for contributions include the employer match, or does it apply only to my individual contributions? Is it too late to increase my contributions to get the full employer match by the end of the year?
AThe $18,000 maximum (or $24,000, if you’re age 50 or older)....More>>>
Overall, 29 states (including D.C.) have medical marijuana laws on the books and eight states have embraced recreational marijuana markets. Creating those markets is complex, but tax revenue statistics suggest the effort is worth it. Marijuana advisory firm GreenWave Advisors estimates marijuana sales taxes added $1.6 billion to state tax receipts last year,and GreenWave’s Matt Karnes estimates....More>>>
Shares of Procter & Gamble (PG) are soaring today after the consumer-staples giant reported better-than-expected earnings.
Procter & Gamble reported an adjusted profit of $1.08 a share, beating forecasts for $1.06, despite sales coming at at $16.86 billion, below forecasts for $16.94 billion. It also cited the strong dollar as a possible headwind.