"Short Sellers Retreat Amid Rally," ran the headline in the Wall Street Journal. Curious readers stopped and stared. It was the premise of the headline that arrested them. Who knew that there was even one bear left to give ground at the 100-month mark of the post-2008 levitation? El toro is the topic at hand. It's a most unusual bull market (we count as one the updrafts....More>>>
Dollar General (DG) marked its 27th consecutive year of same-store sales growth in fiscal 2016. It followed this milestone up with a beat on both the top and bottom lines during its first quarter of 2017, with comps once again growing – but by only about 0.7%. As I was sifting through the retail carnage, Dollar General was one of the companies that stood out as above average, so I decided....More>>>
QI signed up for Medicare Part A when I turned 65, but I didnt enroll in Part B because I was still working and had health insurance from my employer. But now Im 68, and I plan to retire later this year. What do I need to do to enroll in Medicare Part B, and when do I need to do it?
SEE ALSO: 10 Things You Must Know About Medicare A
Many people who are still working just sign up....More>>>
July 7, 2017: Markets opened slightly higher Friday buoyed by a better-than-expected jobs report. The tech and consumer discretionary sectors led the gainers while the energy and telecom sectors were the laggards. WTI crude oil for August delivery settled at $44.23 a barrel, down 2.8% on the day and down 3.9% for the week following another increase in the oil and gas rig counts. August gold dropped....More>>>
Friday was a mixed day for the stock market; the Dow Jones Industrials fell slightly even as the S&P 500 (SNPINDEX:^GSPC) and Nasdaq Composite finished higher. The S&P 500’s gains of about a fifth of a percent were propelled in part by favorable economic data showing that retail sales climbed by 0.6% in December, driven by strong performance in the automotive sector. Solid bank earnings....More>>>
Transocean Ltd. (NYSE:RIG) is the largest offshore drilling company by market cap at $3 billion. The company, like most offshore drillers, are unable to sign many new contracts for its rigs and jackups as Brent is now sitting around $56. However, the company’s financial situation is strong enough to remain without liquidity trouble for at least three more years of current....More>>>
President and CEO of Semgroup Corp (NYSE:SEMG) Carlin G. Conner bought 3,824 shares of SEMG on 06/08/2017 at an average price of $26.18 a share. The total cost of this purchase was $100,112.
Semgroup Corp provides gathering, transportation, storage, distribution, marketing and other midstream services to independent producers, refiners of petroleum products and other market participants in....More>>>
Over time, most actively managed funds fail to beat Standard & Poors 500-stock index. No one with any sense questions that. But the S&P 500 has been on a tear over the past few years, making it difficult for even first-rate actively managed funds to keep up with the index. That makes it precisely the wrong time to plow money into an index fund that tracks the S&Pwhich millions....More>>>
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins