Hunter Harrison is a hero in the railroad industry, a folk legend if you will, when it comes to turning around rail companies. He successfully turned around Canadian Pacific Railway (NYSE:CP) before jumping ship early to partner with activist investor Mantle Ridge to take on CSX (NYSE:CSX). After a bit of back and forth, CSX caved and appointed Harrison as CEO for the next four years. CSX shares....More>>>
In the endless flow of millennial-focused surveys, one finally stuck out to me.
It came via email from Canadian firm RBC Wealth Management, which found that when it comes to money, millennials are more confident and prepared than previous generations. We feel responsible for understanding our financial affairs and do research to improve our financial knowledge, the survey reported.
March 13, 2017: The S&P 500 closed barely higher on the day up 0.04% and 0.87 points at 2,373.47. Separately the DJIA closed slightly lower 0.10% on the day at 20,881.48, down approximately 21.50 points. Overall this was brought about by the financial sector with help from some of the smaller stocks in the tech sector. Most of the weakness we saw in the S&P 500 on Monday came from oil and....More>>>
Palo Alto (PANW) was upgraded by Evercore last week, with a price target of $180, sending shares upward. Yet just yesterday, Goldman Sachs (NYSE:GS) downgraded it, sending shares downward, effectively erasing the gains that came after Evercores upgrade. Who are investors supposed to trust when the analysts disagree or should we be listening to the analysts at all?
At least one thing is certain:....More>>>
Press coverage about Paramount Gold Nevada (NASDAQ:PZG) has been trending somewhat negative recently, according to Accern. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable.....More>>>
Luzich Partners LLC raised its position in shares of Crestwood Equity Partners LP (NYSE:CEQP) by 5.2% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 581,601 shares of the pipeline company’s stock after acquiring an additional 28,640 shares during the period. Crestwood Equity Partners makes up about 14.6%....More>>>
The perception of retirement is changing for most Americans, who are working into their golden years either because they need to or want to and by the time millennials get there, retirement as we know it may be unrecognizable.
That doesnt have to be a bad thing, as long as millennials prepare themselves with lessons in financial literacy and have enough self-control to buckle down and....More>>>
Sushil Finance’s report on Gold
Gold prices fell on Monday as a recovery in the U.S. dollar and rising government bond yields prompted investors to cash in bullion after its sixth weekly price rise in seven weeks. U.S Treasury yields hit multiyear highs on expectations that central banks around the world would reduce stimulus as economies improve. Higher yields on bonds make gold....More>>>
Source: ThinkstockDecember 12, 2017: The S&P 500 closed up 0.2% at 2,664.15. The DJIA closed up 0.5% at 24,505.36. Separately, the Nasdaq was down 0.2% at 6,862.32.
Tuesday was a mixed day for the broad U.S. markets. The Dow and S&P 500 again hit intraday highs, while the Nasdaq lagged. Crude oil gave back all its gains from Monday and then some. The S&P 500 sectors were mostly....More>>>
Steve Eisman, the investor whose forecast of the financial crisis was depicted in “The Big Short,” is still finding problematic stocks and investing manias in the financial markets.
The Neuberger Berman portfolio manager confirmed his fund is short Canadian financials, Deutsche Bank and Wells Fargo. He spoke in a Bloomberg Television interview that aired on Sunday from the CFA....More>>>