Chesapeake Energy (NYSE:CHK) is a modern-day case study of how to survive overwhelming odds of bankruptcy. Not just that, but the company, throughout 2016, became far more financially stable than any of us could have thought at the beginning of the year. With a fresh year now on the table, there’s 252 trading days ahead of us and a lot of speculation as to how CHK will perform. The focus must....More>>>
New York, NY, based Investment company J. Goldman & Co LP buys Dell-VMWare Tracking Stock, Altaba Inc, Knight-Swift Transportation Holdings Inc, Big Lots Inc, FedEx Corp, Sentinel Energy Services Inc, Cognizant Technology Solutions Corp, PG&E Corp, NXP Semiconductors NV, General Motors Co, sells Time Warner Inc, B&G Foods Inc, Michael Kors Holdings, CyberArk Software, Dollar Tree Inc....More>>>
An extended bout of low prices and tepid wage growth are showing signs of ending and that has government-bond investors bracing for a new inflation regime.
Rising inflation is anathema to bonds because it can erode the securitys fixed value, which is a notable headwind for longer-dated government paper.
Contributing to the anticipation of higher inflation are climbing commodity prices,....More>>>
Last Monday, President Trump added another notch to his “America First” belt with the announcement of a new 30% tariff on imported solar panels.
Companies that produce solar cells and panels will get to sell 2.5 gigawatts worth of those energy products to U.S. consumers, but they’ll have to pay a special tax on any sales above that amount. For the first year of this new....More>>>
A Ferrari formerly owned by President Trump is hitting the auction block next month.
It’s expected to fetch $250,000 to $350,000 at Auctions America’s Fort Lauderdale event on April 1.
The supercar — a 2007 Ferrari F430 F1 Coupe — was purchased new by Trump in 2007.
“It’s well known that President Trump appreciates the finer things....More>>>
HCA(HCA) soared to the top of the S&P 500 today after the failure of the Republican health-care bill boosted shares of hospital stocks. HCA was also upgraded to Buy from Neutral at Mizuho.
HCAgained 5.2% $90.49, while the S&P 500 fell 0.1% to 2,341.59.
Credit Suisse analyst Scott Fidel and team explains why the failure of the Republican health-care bill....More>>>
Editors’ pick: Originally published Nov. 17.
If there’s a widely held – but false – belief about Social Security, it is that the monthly check (the average amount is $1,341, and the maximum amount is about $3,576) is tax free. Don’t tell that to the 40% of beneficiaries who pay federal income tax on the check. There’s even a special IRS publication....More>>>
Our Top Pick for more speculative investors is a biopharmaceutical company that discovers, develops, and commercializes oral antivirals in areas of unmet medical needs in the United States, explains Bill Mathews, editor of The Cheap Investor.
The lead product candidate from Chimerix (CMRX) is brincidofovir (CMX001), a nucleotide analog.
The drug is in Phase III clinical trials....More>>>
President Trump’s executive order rolling back energy regulations is unlikely to spawn a surge of jobs or a quick reduction offuel prices, as the basic rules of economics maintain a powerful hold on the industry.
Will coal jobs suddenly come roaring back? Dont bet on it. Will the price of electricity go into reverse? Not likely. Will increased federal land rights for oil and natural....More>>>
President-elect Donald Trump hasn't shied away from warning Detroit's automakers to manufacturer their cars in the U.S. or pay a large border tax.
Trump then targeted German and Japanese automakers. Is Canada next?
According to a Bloomberg report, Windsor, Ontario, is home to nearly 6,000 Fiat Chrysler Automobiles NV (NYSE: FCAU) workers and thousands more working for....More>>>