June 19, 2018: Markets opened lower for a third straight day Tuesday following comments from the President late Monday that he wants to identify another $200 billion worth of Chinese imports on which to charge a 10% tariff. Equity markets don’t much care for tariffs and they showed it, with the Dow blue chips trading down more than 400 points early in the morning. The industrials sector took....More>>>
Fasten your seat belts. Dramatic swings in the oil market may soon become the norm.
After a prolonged period of low prices and relative calm, oil watchers are predicting a surge of volatility following President Trump’s decision to reimpose sanctions on Iran. Crude has spiked 19% this year, to prices unseen since late 2014.
Taking away Iranian oil after production cuts by....More>>>
&l;p&g;&l;img class=&q;dam-image getty size-large wp-image-514451378&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/514451378/960×0.jpg?fit=scale&q; data-height=&q;639&q; data-width=&q;960&q;&g; Company logo of Apple on an Apple store in Manhattan on February 25, 2016 in New York, United States of America. (Photo by Thomas Trutschel/Photothek via Getty Images)
On Friday, small cap The Stars Group (NASDAQ: TSG), a leading provider of technology-based products and services in the global gaming and interactive entertainment industries,rose 10.60%after updating itspreviously announced guidance ranges for the full year 2017 and announcing the prepayment of an additional $75 million of second lien debt. Through its Stars Interactive division, The Stars Group....More>>>
It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.
– Warren Buffett
What is a wonderful company, and what is ‘quality’ from an investing standpoint? The most constructive definition to address these questions....More>>>
Compugen (NASDAQ:CGEN) – Equities researchers at Jefferies Group increased their Q2 2018 earnings estimates for shares of Compugen in a research note issued on Wednesday, May 9th. Jefferies Group analyst P. Welford now anticipates that the biotechnology company will earn ($0.20) per share for the quarter, up from their prior forecast of ($0.21). Jefferies Group also issued estimates for....More>>>
The following stocks were moving the Services sector today.
Some of the biggest gainers among Services stocks include:
Envirostarm Inc (EVI): EVI stock is up 9.89% today. Helios and Matsn Ana (HMNY): HMNY stock is up 6.09% today. Cascadian Therapeutics Inc (CASC): CASC stock is up 8.45% today. Healthstream Inc (HSTM): HSTM stock is up 6.89% today. China Online Education Group (COE):....More>>>
There’s a new powerful entrant in the battle for financial data supremacy: Blackstone.
The private equity firm has agreed to buy a majority stake in Thomson Reuters’ financial and risk unit for $17 billion, putting it in direct competition with Bloomberg.
Bloomberg and Thompson Reuters provide financial data and other services to bankers, investors and regulators. Other....More>>>
Doug Hughes focuses on lesser-known, small cap regional banks; the editor of Bank Newsletter looks for banks that operate in attractive regional markets, often ones that would be attractive acquisition targets.
AvidBank Holdings (AVBH) has the fastest growth of any bank out there and yet is still one of the safest with almost no bad loans, and a great, great market area in Palo Alto,....More>>>
My two brothers and I inherited a traditional IRA from my mother after she died last year. When do we have to start taking distributions, and how will the money be taxed? — T.M., Charlotte, N.C.
SEE ALSO: Get the Most From Inherited IRAs
If your mother had already started taking required minimum distributions from her IRA, you must begin taking RMDs by December 31 of....More>>>