The maze of government rules can create unexpected outcomes. And that’s certainly the case for 2018 Medicare premiums. While the standard Part B premium remains $134 a month, many beneficiaries will pay more for Part B. The culprit in this counterintuitive result? The hold-harmless provision.
SEE ALSO: Special Report: Navigating Medicare
Last year, this provision had a positive....More>>>
Stifel’s Robert McCarthy and team explain why United Technologies’ (UTX) second-quarter earnings this year were such a refreshing change from the same period a year ago:
Solid beat vs. our and street expectations, with revenue coming in slightly ahead but strong beat at Climate, Controls & Security vs. our model, showing a strong rebound in 1Q (admittedly we....More>>>
The stock market climbed sharply on Thursday, responding well to favorable earnings results from several corners of the market. Major benchmarks were up 1% to 2%, with particularly good performance from the Nasdaq Composite thanks to the tech sector’s outperformance during the day. Yet some stocks suffered from bad news that cast doubt on companies’ ability to benefit from generally....More>>>
Wall Street brokerages expect that Orion Energy Systems, Inc. (NASDAQ:OESX) will post $16.08 million in sales for the current quarter, according to Zacks. Two analysts have made estimates for Orion Energy Systems’ earnings. The lowest sales estimate is $14.80 million and the highest is $17.35 million. Orion Energy Systems reported sales of $15.29 million during the same quarter last year,....More>>>
As earnings season comes to a close, popular technology stocks are making up a bigger piece of the pie than ever before. The FAANG block of Facebook Inc., Amazon.com Inc., Apple Inc., Netflix Inc. and Google now account for over 27 percent of the NASDAQ Composite Index, a new all-time high.
Wall Street brokerages predict that Scorpio Bulkers (NYSE:SALT) will post $61.34 million in sales for the current quarter, Zacks Investment Research reports. Six analysts have made estimates for Scorpio Bulkers’ earnings, with estimates ranging from $60.05 million to $62.90 million. Scorpio Bulkers reported sales of $37.74 million in the same quarter last year, which indicates a positive year....More>>>
Calgary-based energy infrastructure company Enbridge Inc. (NYSE: ENB) on Thursday made a nonbinding offer to acquire the approximately 17% of Spectra Energy Partners L.P. (NYSE: SEP) it does not already own in a deal that would pay unitholders of Spectra 1.0123 shares of Enbridge common stock for every common unit of Spectra they currently hold.
At last night’s closing price, that represents....More>>>
The stock market lost ground on Thursday, but declines in the major benchmarks were relatively modest as low levels of volatility continued to prevail. The Dow had been down as much as 145 points earlier in the day as investors weighed the possibility that the controversial firing of FBI Director James Comey could set back the Trump administration’s domestic agenda for tax cuts, health reform,....More>>>
I read an article about Snap (NYSE:SNAP) CEO Evan Spiegel recently that was highly complimentary of the 28-year-old wunderkind. It got me thinking about Snap stock, which went over $10 on Mar 13 for the first time in six months, a hallelujah moment if there ever was one for Spiegel and the rest
Trade war stocks have varied across industries. As the China-U.S. trade war intensified, the attention fell on four sectors: semiconductors, autos, aerospace, and grains. Stocks such as Micron (NASDAQ:MU), Ford (NYSE:F), Boeing (NYSE:BA), and Archer-Daniels-Midland (NYSE:ADM) suffered as China h