Every night in 1995, I would deposit money overnight in a different currency… Sounds strange, I realize. But back then, as the vice president of a global mutual fund, one of my jobs was to execute our fund's trades. Once our U.S. trading day was done, we wanted our money to work for us overnight as well. We might put our money into French francs, German marks, or....More>>>
Apple is officially jumping into the home speaker market.
It unveiled HomePod, a new 7-inch tall speaker for playing music, checking the news and controlling other connected devices in the home.
The device was previewed on stage Monday at WWDC, Apple’s annual developer conference in San Jose. The device is covered in black or white mesh and looks like the top of a microphone.....More>>>
Billionaires Warren Buffett and George Soros earned their vast fortunes by consistently finding gems lying in plain sight. And after decades of running their own investment businesses, these superinvestors remain as active as ever.
Individual savers interested in learning from or investing alongside these financial legends need to look no further than the 13-F filings that all large investment....More>>>
Three initial public offerings (IPOs) on last week’s calendar made it out the door and there are four new IPOs on this week’s list.
Among last week’s IPOs, Chinese-education company Bright Scholar Education Holdings Ltd. (NYSE: BEDU) sold 15 million shares at $10.50, above the expected range of $8 to $10 and raised $158 million. The first-day pop rang in at 28% and the stock....More>>>
Life Expectancy Holds Steady, but Not for 95-Year-Olds
5 Ways to Use the New US Life Tables
CMS Officially Shortens 2018 Individual Health Enrollment Period
The federal prosecution of a former Sutherland Asbill & Brennan partner for allegedly stealing millions of dollars from a longtime Sutherland client will be delayed—at least temporarily—while a judge considers....More>>>
Fans of the Odd Couple know about Felix and Oscar’s regular poker game. While Holmes is a dog, everyone knows that they play poker as well. They have all agreed to take a few minutes away each week to talk with us about stocks. Here is the cast of characters:
Felix is fussy, precise, and very cautious. He looks for what is working, but it also must have upside potential. He is an investor....More>>>
(Editor’s note: There is much greater liquidity on the Frankfurt Stock Exchange under ticker Z01).
The Elevator Pitch
Zooplus (OTC:ZOPLY) (OTC:ZLPSF) is the leading online retailer of pet food and supplies in Europe. Generally, in a commoditized market such as selling pet food, the lowest cost provider with the best customer service has the “right to win”. We believe....More>>>
Why Chipotle’s E. coli outbreak is still a mystery Chipotle had an awful end to 2015.
The company’s E. coli scare hospitalized 22 people, crushed its “healthy food” image and scared away many customers across the country.
Chipotle execs said in January that earnings would be “messy” and they were right. Chipotle only pulled in a $68 million....More>>>
Toward the end of trading Monday, the Dow traded up 1.13 percent to 20,779.88 while the NASDAQ climbed 1.21 percent to 5,982.27. The S&P also rose, gaining 1.15 percent to 2,375.61.
Leading and Lagging Sectors
Monday afternoon, the non-cyclical consumer goods & services sector proved to be a source of strength for the market. Leading the sector was strength from ....More>>>
U.K. stocks pushed modestly higher on Wednesday, aided by gains for commodity shares, while investors waited for an update on conditions in the British labor market.
The FTSE 100 ....More>>>