Big-name sponsors are yanking their support from New York’s 2017 Puerto Rican Day Parade after organizers decided to honor a man labeled by U.S. officials as a terrorist.
Coca-Cola (CCE), AT&T (T, Tech30), JetBlue (JBLU), Univision (UVN), The Daily News, the New York Yankees and Goya Foods are among the companies that have decided not to sponsor the event, which is scheduled....More>>>
It’s been a long time since Valeant Pharmaceuticals (NYSE:VRX) stock was in a legitimate uptrend. Despite the hiring of a new CEO last year to right the ship, Valeant’s share price has continued to fall.
The question that investors must ask now isn’t when Valeant will turn things around. Instead, the key question is whether it will happen at all. Can Valeant Pharmaceuticals....More>>>
Microsoft Corporation can scale new highs if it’s latest initiatives pay off in the booming AR/VR market.
Of late, shares ofMicrosoft (NSDQ:MSFT) have been making new highs, with solid double-digit returns YTD, in contrastwith its past years. Microsoft’s cloud business, along with Office 365 and LinkedIn synergies are seen as major growth drivers. However,Microsoft which is....More>>>
When I made a bit of money on the sale of a regional magazine I started publishing in 1969, I looked for a reliable investment where I could put to good use the proceeds from the sale. That was a chore. I ended up buying some Treasuries (in 1980 they were yielding unprecedented amounts), I bought a vacation home, and I set aside some money to start another business.
Freestanding net-lease retail real estate investment trust Realty Income (NYSE:O) is a favorite stock among income investors and growth seekers alike. However, there is concern among many people about the retail sector as a long-term investment, especially with increasing online competition and several high-profile retail bankruptcies in recent years. Here’s why this logic doesn’t apply....More>>>
JPMorgan’s Jamie Baker and Nishant Mani argue that “downside risk appears diminutive” in airlines like Delta Air Lines (DAL), Southwest Airlines (LUV), and American Airlines (AAL)–even if there’s a recession. They explain why:
Were over a year into fuels decline, and investor fears concerning a breakdown in discipline havent materialized.....More>>>
To say that Donald Trump's Cabinet is pro-oil is an understatement… It's an oil industry "dream team." Just look at the appointments of former Texas governor Rick Perry as Secretary of Energy, ExxonMobil (XOM) CEO Rex Tillerson as Secretary of State, and Montana Congressman Ryan Zinke as Secretary of the Interior. As the former Governor of Texas, Perry has....More>>>