Wall Street analysts tend to be a bullish lot, and few have been as bullish as FundStrat’s Thomas Lee, who’s been accused of being a perma-bull. But just as his colleagues seem to be embracing another year of gains, Lee has decided to dial back the optimism. In his 2017 outlook released today, Lee wrote that he expects that S&P 500 to finish the year at 2,275, down a few points from....More>>>
Won’t $0.99 per gallon of gasoline be great? That is what some “experts” predict for the summer of 2016. Maybe it will happen; maybe it won’t. What is for sure is that the price of oil has collapsed over the past year, and many U.S. oil companies have gone out of business.
See Also: Kiplinger’s Economic Outlook for Energy
So why did the price of oil....More>>>
Stocks have inched positive after the minutes from July’s FOMC meeting showed the Fed in no apparent rush to hike interest rates.
The S&P 500 has ticked up 0.1% to 2,179.41 at 2:20 p.m. today, while the Dow Jones Industrial Average has advanced 8.87 points, or 0.1%, to 18,560.89. The Nasdaq Composite has declined 0.1% to 5,224.62.
Gainers Trevena Inc (NASDAQ: TRVN) rose 10.8 percent to $3.60 in pre-market trading after dropping 4.97 percent on Wednesday. Yum China Holdings Inc (NYSE: YUMC) rose 10.2 percent to $31.05 in pre-market trading after the company reported upbeat earnings for its first quarter. Seres Therapeutics Inc (NASDAQ: MCRB) rose 9.1 percent to $11.39 in pre-market trading after dropping 5.26 percent....More>>>
NewmontMining Corp. (NYSE: NEM) reported fourth-quarter and full-year 2016 earnings after markets closed Tuesday. For the quarter, the gold miner posted adjusted earnings per share (EPS) of $0.25 on revenues of $1.79 billion. In the same period a year ago, the company reported a loss per share of $0.03 on revenues of $1.82 billion. Fourth-quarter results compare to the Thomson Reuters consensus....More>>>
New York, NY, based Investment company Grandfield & Dodd, Llc buys Enbridge, Johnson Controls International PLC, M&T Bank, Albemarle, Walt Disney Co, Gilead Sciences, US Bancorp, Abbott Laboratories, Vanguard Large-Cap ETF – DNQ, Clorox Co, sells Spectra Energy, St Jude Medical, Nordstrom, Emerson Electric Co, Chubb during the 3-months ended 2017-03-31, according to the most recent....More>>>
A few days ago, an article about Nike (NYSE:NKE) argued that “Nike’s shares aren’t priced to buy.” The reasoning was that “Nike is, at best, fairly valued. And it certainly isn’t trading hands at fire-sale prices.” The question is: should you expect (and wait for) fire-sales prices? Most value investors know the maxim that it is better to buy a great business....More>>>
Our Long Idea reports aim to identify those firms that the market has overlooked and that, when analyzed beyond standard metrics, are significantly undervalued. These hidden gems provide excellent upside potential to any portfolio, with little downside risk.
In addition to individual Long Ideas, we provide Model Portfolios that provide well-screened lists of companies based on specific criteria....More>>>
None of us like to make mistakes, even though theyre frequently part of the learning process. Still, if you could avoid making mistakes, especially with your money, youd probably prefer to do so rather than wasting your hard-earned dollars on bad decision making.
If thats you, take heed. Heres your chance to learn from others and avoid their mistakes.
A recent study by the National....More>>>
As 2016 winds down, the holiday season approaches and a new government administration gears up to take office, many Americans are struggling to figure out their goals and finances for next year. Unfortunately, many people will not achieve their financial goals next year or even get started, leaving their future financial security up in the air. So decided to reach out to the professors at The....More>>>