The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.5% in the group’s seasonally adjusted composite index for the week ending June 29. Mortgage loan rate movements were mixed last week.
Many U.S. lawmakers don’t like Chinese telecom giant Huawei very much. They believe that its products are a way for China’s government to spy on American business interests and smartphone users. Huawei presents itself in a very different light. There is no way to tell for certain which perspective is correct.Huawei’s sales in the United States are at stake.
Caterpillar Inc. (NYSE:CAT) just broke out of its sideways pattern on strong earnings news. It’s experiencing a turnaround in its construction and related businesses. That turnaround is helping to fuel improving financials for CAT. So let’s take a closer look at CAT to see if it’s a worthwhile investment right now.
&l;p&g;At first blush, you might think I&s;m a little late to the game with my annual &q;New Year&s;s Resolution&q; post. But my delay was actually a stroke of strategic genius. By waiting a few days to publish,&a;nbsp; I was allowing ample time for all of your &l;em&g;original&l;/em&g; goals for 2018 to fail miserably. And look at you now: It&s;s only January 5th, and you&s;re already back on gluten.....More>>>
InvestorPlace’s Tom Taulli covered Intel before its second-quarter earnings report July 27. On the top- and bottom-line, analysts were expecting $14.4 billion in revenue and $0.68 in earnings; they came in at $14.8 billion in revenue and $0.72 in earnings — a double beat. INTC stock has been on the rise ever since.
Taulli’s most significant concerns heading into that report....More>>>
February 20, 2018: Markets opened lower Tuesday and appear to be on track to close in the lower half of the chart. The DJIA never traded in the green today and only the Nasdaq Composite even had an outside chance at closing above the break-even line. Bond yields have continued rising and a stronger dollar are causing some equities investors to re-think current stock valuations.
Energy stocks have been beaten up enough this year to make them attractive again. Its the opposite story for shares of companies that sell discretionary goods to consumers. Theyve been performing well early in 2017, but it might be wise to lighten up on them as future gains....More>>>
Dynamic Advisor Solutions LLC bought a new stake in Vanguard Value ETF (NYSEARCA:VTV) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 3,421 shares of the company’s stock, valued at approximately $353,000.
Other institutional investors have also recently bought and sold shares of the company. Acropolis Investment....More>>>
With the holiday season around the corner,consumers are busy searching for the products to buy while investors are busy searching for the companies whose products consumers are buying. Just a couple of week back GoPro (NSDQ:GPRO) was one such company on which investors were willing to bet as its products were likely to fly off the shelves of retail outlets. But then the things changed. While GoPro’s....More>>>
Wynn Resorts (NASDAQ:WYNN) (+98%, +4.21%, +14%, +0.44%), the U.S. and Macau gaming company, was the largest contributor to the Fund’s 2017 performance with strong earnings growth in Macau and Las Vegas. Industry gross gaming revenues (GGR) in Macau accelerated in the second half of 2017 well beyond full year GGR growth expectations. With major infrastructure projects moving closer to completion,....More>>>
Wayfair (NYSE:W), the online furniture e-commerce site, took a rare tumble after its Q4 earnings disappointed investors and missed Wall Street's bottom-line expectations. The company, which had been barreling toward the vaunted $100 mark in anticipation of a strong quarter (though, with the weak
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.