The past twelve months was an eventful period of time for General Electric (NYSE:GE), as the company made (or announced) several transformative transactions in 2016, but unlike some investors, the market has not yet bought into the hype.
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As shown, GE shares have underperformed the broader market, S&P 500 (NYSEARCA:SPY), by a wide margin....More>>>
24/7 Wall St. has put together a preview of a few major companies scheduled to report their quarterly results this coming week. The third-quarter earnings reporting season has just kicked off and the broad markets are near all-time highs. They could look to keep pushing higher with the recent rally in the tech sector, and a strong earnings showing from these stocks could to keep this rally going.
Sean Spicer, the Republican National Committee communications director, is a leading candidate to serve as White House press secretary under Donald Trump, according to two sources with knowledge of the matter.
Spicer has “the inside track,” said one transition source.
A six-year veteran of the RNC, Spicer has well-established relationships with the Washington press....More>>>
I’ve been a shareholder of Chesapeake Energy (NYSE:CHK) for a quite a few quarters now and the performance is nothing short of inadequate. Granted, the energy sector is challenged right now and there’s only a few bright spots worth investing in, but this name is clearly underperforming, down nearly 28% YTD. With continued losses and a pick up in volatility for crude oil on the back of....More>>>
I have a different approach to sport goods stocks in comparison to many investors. I find it difficult to value, trade and invest in any sport goods stock using the same approach. I have been short Under Armour (UAA, UA) for a while and started to accumulate Nike (NYSE:NKE) shares a few months ago. I have recently opened a long on Skechers....More>>>
Facebook stock enters 2017 on a combination of lower expectations and depressed valuations. Flickr
Shares of Facebook (NSDQ:FB) are off to a great start in the new year. FB stock is up 8%+ since the turn of the year. In comparison, the stock had gained 9.55% in 2016, outperforming the Nasdaq Composite’s (INDX:COMPX) 6.6% gains. As reported in our last FB post, Facebook stock....More>>>
Small cap sensor film stock UniPixel Inc (NASDAQ: UNXL) is sinking by a double digit percentage in after-hours and pre-market trading after reporting Q4 earnings. The problem for UniPixel is that only a few analysts cover the small cap stock and the bottom line loss was a bit worst than the 10 cent loss they were expecting. The stock also had a slight uptick ahead of earnings:
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins