Now that summer is upon us and the first-quarter earnings season is clearly in the rearview, many of the top firms on Wall Street are making some changes to the lists of their high-conviction stock picks for clients for 2018. Although markets have been relatively quiet for the past month, it makes sense to examine the lists and make some changes as the rest of the year could have additional volatility....More>>>
Thursday night’s NFL game between the Pittsburgh Steelers and the Tennessee Titans is going to look a lot like a video game.
That’s because NBC, which is airing the game, plans to broadcast it from a new angle, using a SkyCam placed behind the quarterback.
The camera shot is behind the line of scrimmage and closer to the field and the action. It also offers a view of....More>>>
It’s not an understatement to say that Spotify (SPOT) is the most anticipated IPO of the year. The Swedish music streaming company, over the past several years, has risen to nearly one hundred million paying subscribers and has become one of the world’s largest unicorns. In December of last year, Chinese internet conglomerate Tencent (OTCPK:TCEHY) bought shares of Spotify at a reported....More>>>
Search the question “what is financial success?” on the internet, and you’ll get millions of results with countless different answers.
While some define financial success as having a few million in the bank, for others, financial success is as simple as being able to afford the roof over their heads or to send their kids to college without incurring tons of debt.
A few weeks ago I published an update piece on the Shotspotter’s (SSTI) first reported quarter as a publicly traded company. I noted that revenues and gross margins were rising significantly and I viewed debt paydown as a wise move by management. Compared to the small market capitalization the market opportunity could be in excess of $1.4 billion according to CEO Ralph Clark, comprising 1,600....More>>>
It’s been an interesting few years for T-shirt manufacturer Delta Apparel (NYSEMKT:DLA). A huge spike in cotton prices in 2011 helped turn a near-$2 EPS in FY11 into a loss in FY12. (DLA fiscal years then ended in June; the company moved to September in 2013.) Delta managed to recover in FY13, getting EPS back over $1 – and then the company’s Soffe brand started falling apart,....More>>>
For years, Toys “R” Us was an American success story.
Now the discount toy retailer is in its final chapter. The company filed for bankruptcy in September. On Wednesday, Toys “R” Us told employees that it would close or sell all its stores in the United States.
It’s an ignominious end for the company that was once the toy industry’s powerhouse.....More>>>
Gold futures fell Thursday, threatening to end a run of five straight daily gains, in reaction to a sharp slump in global equities.
Stocks were confined to tight ranges early Thursday, which cut some of the aggressive demand for gold as a short-term refuge amid a risk-off market sentiment shift. The battered dollar also improved Thursday.
Still, the haven demand underpinning gold....More>>>
Dont lose money in the Wall Street casino! the radio announcer blared.
It could take a lifetime to make up your losses in the stock market.
Unless your lifetime is five years thats how long it took the market to make a full recovery after the Great Recession hes dead wrong.
He was using this fear tactic to sell annuities. And getting suckered into buying an annuity with him....More>>>
In what would be a blow to American aerospace giant Boeing, Delta Air Lines is set to order around 100 jetliners from European rival Airbus, according to two people familiar with the deal.
Atlanta-based Delta will announce a deal later Wednesday for the Airbus A321neo, the sources said. The agreement with Airbus maker will be accompanied by a planned purchase of Pratt & Whitney engines,....More>>>