During his campaign for Rhode Island General Treasurer, investment newbie Seth Magaziner (31 year old son of Bill Clinton policy advisor Ira Magaziner) promised greater transparency regarding the state pension’s high-risk, costly opaque alternative investments gamble than his predecessor, Governor Gina Raimondo.
Promises, promises. When was the last time a politician followed through....More>>>
Athletic footwear and apparel company Nike (NYSE:NKE) has been around since 1964. As the retail market has been facing tough competition against e-commerce business, how has Nike been holding up? Well, since the company’s financials continuously look better each year and it’s outperforming its competition, the popular company should be on investors’ minds right now.
Wall Street on Monday didn’t just cash in on one winner, or a daily double, or even a trifecta. It notched astock market-style superfecta, with all four major U.S. stock indexes — representing blue chip names, technology stocks, small caps and large-company stocks — all closing at record highs on the same day for the first time in 17years.
Related SHLM Earnings Scheduled For June 28, 2016 Chowdhry: Everyone Wants To Be A Tesla Supplier A. Schulman sells off amid declining legacy revenues (Seeking Alpha) Related UNF Earnings Scheduled For June 29, 2016 Earnings Recap For March 30 Notable earnings before Wednesday's....More>>>
Related WSM Earnings Scheduled For March 16, 2016 Benzinga's Top Downgrades Notable earnings after Wednesday's close (Seeking Alpha) Related CMG Chipotle Sees Large Q1 Loss, But Says Comps Decline Is Improving Chipotle Will Face Continued Food Safety Risk, Doctor Warns ....More>>>
My Stansberry Research Pro Trader subscribers made a lot of money last week. We closed a call-option trade on pharmaceutical giant Pfizer (PFE) for a 214% gain in just one week in my Direct Line service. In the official Pro Trader portfolio, we booked profits of 18.3% in one month on biotech juggernaut Bristol-Myers Squibb (BMY) and 22% in one day on Pfizer (PFE). We also recorded....More>>>
Kate Spade (KATE) caught a bounce on Wednesday when the Wall Street Journalreported that it was actively seeking a buyer. Since then, we’ve learned that the fashion accessories retailer looks set to auction itself off to the highest bidder, with the process potentially beginning next month, with bidders potentially including Coach (COH) and Michael Kors (KORS). In a note today, SunTrust....More>>>
EFX,FEYE,GOOG,GOOGL,PANW,Symantec: A plan coming together (or a bunch of smoke and mirrors?),
Symantec (SYMC) reported the results of its Q2 a few days ago. The results were a small miss on EPS with in-line revenues. Managements forecast for its fiscal Q3 was for revenues and EPS below the prior consensus and for a short fall on both the earnings and revenue line for the year as a whole.