As Wall Street celebrates the eighth anniversary of the cyclical bull market on Thursday, two things stand out: a knock in oil prices amid a supply glut and high levels of pessimism that appear at odds with near-record levels of stock-market indexes.
Just when traders became comfortable, a jump in U.S. crude supplies knocked oil prices ....More>>>
Oaktree Capital’s Howard Marks is a master of the fixed income investing world and Gotham Asset Management’s Joel Greenblatt is one of the most skilled bottoms-up investors when it comes to identifying cheap stocks and those that are overvalued. Though the two are on opposite ends of the investing spectrum, their worldview is nearly identical.
Sears is soaring today, and there is, thankfully, an obvious reason (I hate when there isn’t one). In this case, it’s the news that Bruce Berkowitz’s Fairholme Capital Management bought 286,000 shares of the stock from March 23 to March 27, following CEO Eddie Lampert’s purchase of more than 500,000 last week.
Shares of Rogers Corp. (NYSE:ROG) gained 19.9% in April 2017, according to data from S&P Global Market Intelligence.
The company reported first-quarter results on April 26, sending share prices nearly 12% higher the next day. Rogers saw 27% year-over-year sales growth and 79% higher earnings, leaving analyst estimates far behind in both cases.
Few companies have parlayed investments in digital technology into profit-generating success as has Domino’s Pizza (NYSE:DPZ). While Starbucks usually is lauded for melding its loyalty app with mobile order and pay, the seemingly modest pizza shop can easily point to its platform for helping turn around its fortunes.
Domino’s credits its technology innovations with helping it....More>>>
On Monday, Brazilian state-run oil giant Petrobras (NYSE:PBR) announced its earnings results for the third quarter that ended on September 30. According to the companys press release, Petrobras made a net profit of $81.1M, primarily thanks to the increase in exports, the growth of oil prices and
I'll bet you've made this mistake. And I'll also bet that your kids... and grandkids... are making it right now. I've seen it time and time again. It's one of the quickest ways to lose money in the market. Just as an example, let's say you put a few hundred buc
Shares of the U.S.’ largest oil company Exxon Mobil Corporation (NYSE:XOM) have been hard hit so far this year — losing 15% over the past 8 months. This month, a second-quarter earnings miss and worries about the effects of hurricane Harvey have driven the shares to tra
You can make the argument that the Dow Jones Industrial Average isn’t necessarily the best representation of the entire U.S. economy anymore. That title goes to the S&P 500 Index. But you can’t deny that the 30 Dow Jones stocks are kingpins in their respective indus
Traders work on the floor at the closing bell of the Dow Industrial Average at the New York Stock Exchange on August 16, 2017 in New York. Wall Street stocks rose early Wednesday ahead of the release of Federal Reserve meeting minutes expected to shed light on the prosp