October 12, 2017: Markets opened lower Thursday, bounced higher at midday, and then sank again. Unimpressive earnings from two of the country’s largest banks didn’t help and a move higher on the producer price index was attributed to higher energy prices due to hurricanes in the Gulf. Utilities and real estate were the big sector winners today, while telecom and financials lagged. WTI....More>>>
President-elect Donald Trump has tapped Steven Mnuchin, a former Goldman Sachs Group Inc. (NYSE: GS) partner and active movie financier, to be the new Treasury secretary of the United States.
This means the 53-year-old one-time Wall Street banker will soon be the new face of the U.S. economy. And as such, he will cosign our currency, collect our taxes, manage the nation’s debt,....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>>>
Over time, most actively managed funds fail to beat Standard & Poors 500-stock index. No one with any sense questions that. But the S&P 500 has been on a tear over the past few years, making it difficult for even first-rate actively managed funds to keep up with the index. That makes it precisely the wrong time to plow money into an index fund that tracks the S&Pwhich millions....More>>>
Small cap Mediterranean restaurant stock Zoe’s Kitchen Inc (NYSE: ZOES) reported Q1 2017 earnings after the market closed yesterday withresults basically meeting Wall Street expectations, but shares are sinking more than 10% in premarket trading. Total revenue increased 12.6% to $90.6 million as comparable restaurant sales decreased 3.3% consisting of a 4.6% decrease in transactions and product....More>>>
March 15, 2017: Here are four stocks trading with relatively heavy volume among 56 equities making new 52-week lows in Wednesday’s session. On the NYSE, advancers led decliners by more than 8 to 1 and on the Nasdaq advancers also decliners by nearly 3 to 1.
Frontier Communications Inc. (NASDAQ: FTR) posted a new 52-week low of $2.31 on Wednesday, down about 4.1% compared with Tuesday’s....More>>>
A long-haired princess, a video game villain, an ice queen, a pillowy robot, cosmopolitan critters, and now a demi-god.
That’s the trajectory of the current Disney Animation renaissance, which is likely to add another success to a string of them this weekend with “Moana.”
A musical that stars newcomer Auli’i Cravalho as the titular Polynesian princess and....More>>>
The internet is abuzz with IPO fever on the news that Snapchat might make its public debut in March for $25 billion. But can it justify its valuation?
Investors should be wary. The history of tech IPOs is filled with successes but also failures.
If you had invested in Facebook’s IPO in May 2012 for about $38 you would have watched it hit $19 by August. Investors who could stomach....More>>>
The stock market doesnt care if you are a woman or a man; the rewards from investing are gender neutral, with no glass ceiling.
Yet compared with men, most women (including many women with MBAs from top schools) have a blind spot when it comes to investing. This is doubly concerning for two reasons:
As many as nine out of 10 of us will have to manage our finances and those of our....More>>>
WiLAN (NASDAQ:WILN) manages the intellectual property of third party inventors to ensure they receive fair compensation for their investment in research and development. By enabling patent owners to sell or license patented intellectual property, WiLAN helps provide a financial incentive for inventors to invest in the development of new technologies.
WiLAN has gone through several difficult....More>>>