Online travel stock Tripadvisor Inc (NASDAQ: TRIP) reportedQ1 2017 earnings after the market closed on Tuesday with shares up in afterhours /premarket trading. Q1 revenue rose 6% (or 7% on a constant currency basis) to $372 million as hotel revenue grew 4% to $314 million and non-hotel revenue rose 18% to $58 million.Net income was $13 million versus $29 million. Key business metrics cited in the....More>>>
Billionaires Warren Buffett and George Soros earned their vast fortunes by consistently finding gems lying in plain sight. And after decades of running their own investment businesses, these superinvestors remain as active as ever.
Individual savers interested in learning from or investing alongside these financial legends need to look no further than the 13-F filings that all large investment....More>>>
The traditional February lull in initial public offerings (IPOs) enters its second and final week, but a much anticipated offering is on tap for the following week. Last week also saw several new filings that we’ll take a quick look at here.
First, of course, is the scheduled March 2 IPO of Snap, parent of Snapchat, a camera app that wipes the photo or video after the receiver of the....More>>>
The September U.S. Dollar Index is trading at 96.72, up 0.62.
The U.S. dollar index is trading at the highs of the session.
Market chatter about a military coup in Turkey has caused modest disruptions in forex trading .
In other Forex Markets;
EUR/USD is trading at 1.1028, down 0.0077.
GBP/USD is trading at 1.3174, down 0.0175.
USD/JPY is trading at 104.65, down....More>>>
The Coca-Cola Co (KO) manufactures, distributes, and markets nonalcoholic beverages worldwide. This dividend king has paid uninterrupted dividends on its common stock since 1893 and increased payments to common shareholders every for 55 years in a row. Warren Buffett’s Berkshire Hathaway Inc.‘s (BRK.A,BRK.B) is the largest shareholder of the world’s largest....More>>>
Earlier this week, Simon Chiu watched Snapchat’s team put on an IPO presentation for investors in San Francisco. He was surrounded by investment bankers from firms like Morgan Stanley and Goldman Sachs.
“It was a little bit of fish out of water for me,” Chiu told CNNTech. “I’m an educator. It’s not what I do.”
Chiu is the president of....More>>>
Wells Fargo & Co. is scheduled to report third-quarter results on Friday before the start of trading, and investors will expect earnings to be weaker than the year-earlier period as the embattled lender fights to restore its reputation after a bruising scandal erupted over its sales practices, costing its CEO his job.
Early last month, the giant San Francisco-based lender was slapped....More>>>
Citigroup’s Wendy Nicholson and Beth Kite argue that the once “untouchable” Avon Products (AVP) “has become intriguing.” They explain why:
After Avon was the worst performing stock in the HPC group in 2015 (down nearly 60%), Avon has been the best performing stock in our coverage universe year-to-date in 2016 (up ~65%). While we have....More>>>
"I personally sold all my gold and gold stocks yesterday," I told a crowd of 500 gold bugs at the Sprott Natural Resource Symposium in Vancouver at the end of July. The crowd was shocked… But my timing was nearly perfect. Gold is down 12% since the beginning of August. And gold stocks – as measured by the VanEck Vectors Junior Gold Miners Fund (GDXJ) –....More>>>
On January 10, the South African rand crashed about 9% in just a matter of minutes. It was the largest move for the currency since October 2008, an ominous yet poignant sign of just how bad everything was globally at that time. CNY had been pummeled up until the PBOC acted but a few days before. Even though the world was in the midst of turmoil, the incident was typically described as the collateral....More>>>