Huge share-price declines at the likes of Macy’s (NYSE:M) and J.C. Penney (NYSE:JCP) indicate that investors are losing hope that these companies can meet their financial goals. Indeed, there wasn’t much to like in their first-quarter results.
In this segment ofIndustry Focus: Consumer Goods, analyst Vincent Shen and contributor Adam Levine-Weinberg turn their attention to several....More>>>
Big-name sponsors are yanking their support from New York’s 2017 Puerto Rican Day Parade after organizers decided to honor a man labeled by U.S. officials as a terrorist.
Coca-Cola (CCE), AT&T (T, Tech30), JetBlue (JBLU), Univision (UVN), The Daily News, the New York Yankees and Goya Foods are among the companies that have decided not to sponsor the event, which is scheduled....More>>>
Shares of casino operators have been on the rise after news broke that monthly gaming revenue in Macau increased for the first time since May of 2014, likely driven mostly by new openings. The news sent shares of Las Vegas Sands (NYSE:LVS) up 7.4%, shares of Melco Crown Entertainment (NASDAQ:MPEL) up 8.7%, shares of Wynn Resorts (NASDAQ:WYNN) up 3.4%, and shares of MGM Resorts (NYSE:MGM) up 2.9%....More>>>
Stocks fell for a second consecutive day but still remain within one good day of an all-time high.
The S&P 500 dropped 0.3% to 2,368.38 today, while the Dow Jones Industrial Average dipped 29.58 points, or 0.1%, to 20,924.76. The Nasdaq Composite fell 0.3% to 5,833.93. The S&P 500 is still just 1.4% off its all-time high.
A few years back – just before we adopted our son, Joey – I was enjoying a rare day off and was killing time while I waited for my wife, Robin, to get home from work so that we could enjoy an evening meal together.
It was early winter here in Baltimore, but it was unseasonably cold. I’d taken an afternoon snooze (something I love to do but....More>>>
Alteryx (Pending:AYX) filed an S-1/A with the Securities and Exchange Commission for its upcoming initial public offering. The company intends to offer 9 million shares at a marketed price range of $12 to $14. Alteryx has an additional 1.35 million shares as an overallotment option for its underwriters. The underwriters for the IPO include Goldman, Sachs & Co. (NYSE:GS), JPMorgan (NYSE:JPM),....More>>>
Heres how many Americans plan to spend their retirement: working.
About a third of 45- to 65-year-olds say theyll work part-time in their golden years and 4% aim to have a full-time job, changing the very meaning of retirement, according to an Ipsos/USA TODAYsurvey of 1,152 adults in mid-March.
That, of course, is once they get there. A third of those surveyed plan to delay retirement....More>>>
My clear choice for a Top Pick for income investing is a closed-end fund that invests in a variety of both public and private companies doing work in the life sciences sector, asserts Nate Pile, editor of Nate’s Notes.
Tekla Life Sciences Investors (HQL) represents an outstanding way for investors who want to be involved in biotech, but don’t like the high levels of stress....More>>>
Remember how the Italian banking crisis threatened to bring down the eurozone financial system over the summer?
Fast forward four months and were at it again. This time its not the Italian lenders that are the main concern, but rather how they and the wider European political system will be impacted if Italians vote no in Sunday’s referendum.
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