Personal Capital Advisors Corp grew its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHA) by 23.3% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,707,016 shares of t
Shares of Intercontinental Exchange (NYSE:ICE) have earned an average recommendation of “Buy” from the sixteen brokerages that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and thirteen have assigned
General Electric (NYSE:GE) is one of the most outstanding dividend plays out there. Not only has the company paid out a dividend for more than 100 uninterrupted years, it has also grown that dividend in most years. GE’s current yield of 3% is considerably higher than the Dow Jones Industrial Average (INDX:INDU) average yield of 2.76%.
Anything that would threaten that dividend is, therefore,....More>>>
The major indexes rose to new highs this week as investorsignored the chaos in Washington and refused to let the market fall.
The S&P 500 rose 1.5% this week after advancing 0.2% to 2,351.16 today, while the Dow Jones Industrial Average gained 1.7% this week after ticking up 4.28 points to 20,624.05. The Nasdaq Composite climbed 1.8% this week after today.
There are a number of great companies in the market today. The ModernGraham valuation model selected some of the most undervalued Canadian companies. Each company has been determined to be suitable for the Defensive Investor or the Enterprising Investor according to the ModernGraham approach.
Defensive Investors are defined as investors who are not able or willing to do substantial research....More>>>
U.S. equities cooled their heels after Tuesday’s big push to new record highs — led by mega-cap tech stocks in the Nasdaq Composite — as President Trump unveiled his tax plan.
The disappointment was palpable on a lack of specifics after months of teasing from the White House. Stocks have gained trillions in market cap value in anticipation of Trump’s proposed pro-business....More>>>
Federal prosecutors are pursuing a potential settlement of their record-settingforeign corruption lawsuit that seeks$1 billion in assets, including future proceeds from the 2013 Hollywood hit movieThe Wolf of Wall Street.
Characterized by federal officials as the largest attempted seizure under anti-kleptocracy laws in U.S.history, the case targets officials who allegedly misappropriated....More>>>
San Francisco Mayor Ed Lee announced at a press conference yesterday that, starting next fall, community college will be tuition-free for all San Francisco residents through the City College of San Francisco.
As first reported by The San Francisco Chronicle, San Francisco would become the first city in the nation to make community college free to all city residents. Any....More>>>
The ECB just announced a further reduction in interest rates, extended its QE program by increasing the rate at which buys assets, beefed up the TLTRO program and extended its horizon. It all sounds like good news and many of these actions had been expected in the last meeting of 2015 and they did not happen. Markets reacted very positively on announcement but later, after the press conference,....More>>>
Related CIG Mid-Afternoon Market Update: CytomX Therapeutics Climbs Following Bristol-Myers Squibb Partnership; Medgenics Shares Slide Mid-Day Market Update: Nektar Surges After Positive Results From NKTR-181 Study; Cerulean Pharma Shares Drop Related PAM Mid-Morning Market Update: Markets Open Higher; Groupe Casino Offers To Buy Cnova ....More>>>
Tobacco stocks have been big winners for investors who've stuck with them over the long haul. Altria Group (NYSE:MO) has been one of the giants of the group for decades, while Philip Morris International (NYSE:PM) has only a decade of history as a separate publicly traded company.
That's the date scheduled for Canada's Senate to vote on bill C-45, legislation that would make the recreational use of marijuana legal throughout the country. The Senate already cleared one key hurdle in March, with a44-29 vote to allow the bill to
Eagle Materials (NYSE:EXP) – Analysts at Northcoast Research issued their Q1 2019 earnings per share (EPS) estimates for shares of Eagle Materials in a research note issued to investors on Thursday, May 17th. Northcoast Research analyst K. Hocevar anticipates that the constructi
Earlier this week, United Airlines announced that -- in response to strong negative response from passengers --it had reversed a decision to cut tomato juice from on-board beverage carts and would have the vegetable juice back on board this summer.
A former Barclays Plc trader on trial for rigging a key interest rate continued to stress that he was a junior employee, saying that his boss wouldn’t take vacations or even smoking breaks because he was “scared” to leave him in charge of the trading book.