Tower Bridge Advisors lowered its stake in McDonald's Co. (NYSE:MCD) by 3.9% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 117,225 shares of the fast-food giant’s stock after selling 4,748 shares during the quarter. McDonald's accounts for approximately 2.0% of Tower Bridge Advisors’....More>>>
Stocks finished down but well off their worst levels following China’s dismal data.
The S&P 500 fell 0.3% to 2,132.55 today, while the Dow Jones Industrial Average declined 45.26 points, or 0.3%, to 18,098.94. The Nasdaq Composite dropped 0.5% to 5,213.33. The S&P 500 traded down as much as 1.1%, while the Dow Industrials traded off as much as 154.25 points,....More>>>
One of the joys of investing in stocks is watching dividend payments roll in quarter after quarter. Giant capital gains from growth stocks may be more exciting, but a reliable and growing stream of dividend payments, reinvested in more stocks, unleashes the true power of compounding. Dividends have accounted for nearly half of the total return of the S&P 500 Index over the past 25 years. You....More>>>
It’s been a busy week for the folks at Patriot One Technologies (OTCQB: PTOTF) (TSX VENURE: PAT.V), and the way the stock is moving this morning, it doesn’t look like anyone is going to be leaving early today to get a jump on the weekend, either. On Tuesday of this week Patriot One announced a big bump in sales over the past three months of their award winning PATSCAN....More>>>
Snapchat has finally made investor concerns disappear.
For the first time since going public in March, Snapchat’s parent company posted quarterly sales and user growth that beat Wall Street’s estimates.
The stock soared more than 20% in after hours trading Tuesday following the results. If the gains hold, Snap (SNAP)’s stock could top its IPO price of $17 a share....More>>>
On Wednesday, our Under the Radar Moversnewsletter suggested small cap digital cinema and entertainment stock Cinedigm Corp (NASDAQ: CIDM) as a long trade:
With Cinedigm, we’re aiming to step into a bigger-picture uptrend on a short-term pullback. The recovery effort that extends back to July has really taken hold, and was clinched today when the 20-day moving average line (blue) moved....More>>>
For years, the airline industry was the butt of Warren Buffetts jokes.
In his 2007 letter to Berkshire Hathaway shareholders, Buffett laid out examples of great, good and terrible businesses.
The airline industry played the part of terrible.
Here is exactly what Buffett wrote:
“Now lets move to the gruesome. The worst sort of business is one that grows rapidly,....More>>>
Mid cap electronic manufacturing services (EMS) stock Jabil Circuit, Inc (NYSE: JBL), whos biggest customer would be Apple Inc (NASDAQ: AAPL), reported preliminary, unaudited financial results fiscal Q3 2017 earnings along with guidance that beat expectations. Net revenue was $4,490 million versus $4,311 million asDiversified Manufacturing revenue increased 14% whileElectronics Manufacturing revenue....More>>>
9 Ways to Save on Taxes in Retirement
If Trump Wants to Kill DOL Rule, Hed Better Act Soon
The Roth Annuity: A Bright Star in Annuity Investing
A little over a year ago, the Federal Reserve raised short-term interest rates for the first time in almost a decade, indicating it would raise them four more times in 2016. But it didn’t raise rates again until last week, up 0.25%.....More>>>
Here’s what you need to know about Jim Hackett, 62, who succeeds Mark Fields as CEO of Ford Motor after leading the company’s Smart Mobility division focused on new innovations in transportation.
He knows what it’s like to lead a company that’s more than 100 years old.
Hackett served as CEO of Grand Rapids, Mich.-based furniture company Steelcase for nearly....More>>>