Citigroup’s Alastair Syme and team argue that the earnings from big oil companies like Chevron (CVX), Total (TOT) and Royal Dutch Shell (RDS.A) will be bad…real bad. But that won’t stop the stocks from outperforming. They explain why:
Negative headlines, positive performance: We expect the majority of Big Oil companies to post negative 1Q16 earnings,....More>>>
Amicus Therapeutics (FOLD) is dedicated to the development and marketing of drugs for rare and orphan conditions:
Our strategy is to create, manufacture, test and deliver the highest quality medicines for people living with rare metabolic diseases through internally developed, acquired or in-licensed products and product candidates that have the potential to obsolete current treatments,....More>>>
When casino gambling is legalized in Japan, we’re going to see an all-out spending war among resort operators because it could become the world’s most lucrative market. And because of the potential Japan offers casino operators, the feeding frenzy they promise could also make it the most expensive gambling market in the world.
How much is too much?
The big casinos certainly....More>>>
Despite being an illegal drug at the federal level, marijuana’s momentum seemingly can’t be corralled. Just last year alone, five new states legalized medical cannabis, bringing the total number of states to have done so to 28, while the number of recreational weed states doubled to eight from four. In fact, Arizona was the only state to have a pot proposition lose in the polls, otherwise....More>>>
How much do you have in savings? In 2015, the GAO reported that 70% of households in the 55-64 age bracket have less than $100,000 saved. But Robyn Bri, an 18-year old who just graduated from high school in Marin, CA, is on track to beat that average big time. She’s saved over $85,000 by working part-time jobs, starting at age eight.
How did she do it? Well, Bri....More>>>
QCI Asset Management Inc. NY lifted its stake in Kellogg’s (NYSE:K) by 985.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,203 shares of the company’s stock after buying an additional 2,000 shares during the period. QCI Asset Management Inc. NY’s holdings in Kellogg’s were worth $143,000....More>>>
Back in my early 20s, when I was broke and in student-loan and credit-card debt, I started to be able to save a little money. Practically microscopic amounts but it was something.
I was so terrified of losing even those few dollars that I thought I needed to make them as safe as possible. So instead of putting them into vehicles that might actually make me some money, I put my funds into....More>>>
Apartment Investment & Management (AIV) tumbled today, as the weakness in real-estate investment trusts following Donald Trump’s surprise election continued today. It was the second-biggest loser in the S&P 500 today.
Shares of Apartment Investment & Management dropped 4.1% to $41.03 today, while the Real Estate SPDR Dow Jones REIT ETF (RWR) fell 1.1%....More>>>
After four weeks without a single IPO, the US IPO market is back from its annual August pause. Four deals are on the IPO calendar to raise $690 million in the week ahead, including:
The first energy IPO in over a year, an MLP with a 7.5% annualized yield
A VC-backed tech company (2016’s tech IPO class is up over +100% on average)
A large Bermuda bank and wealth manager with....More>>>
Investment company Manning & Napier Advisors, Inc buys Seattle Genetics Inc, Incyte Corp, DaVita Inc, Genesee & Wyoming Inc, Qorvo Inc, E*TRADE Financial Corp, C.H. Robinson Worldwide Inc, Equifax Inc, CF Industries Holdings Inc, Grupo Aeroportuario del Pacifico SAB de CV, sells Vertex Pharmaceuticals Inc, Salesforce.com Inc, Liberty Global PLC, America Movil SAB de CV, Apple Inc during....More>>>