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U.K. stocks rose for a second straight day on Wednesday, lifted by strong gains for mining giant BHP Billiton and EasyJet after those companies issued well-received corporate updates.
Later in the morning, attention turns to the release of June inflation data for the U.K., which could f
Headlines about MeiraGTx (NASDAQ:MGTX) have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative
While what really matters for valuation in the long run is profits, in the short run some companies are awarded a premium valuation based on having a vastly superior growth rate. Tesla (TSLA) is famously posting massively negative earnings, losing $23,697 per car in the most recently reported quarter (3Q 2017) alone, so it is clearly not valued on a multiple to current profits.
However, despite....More>>>
One of the richest men in China has made a big bet on an icon of Europe’s automotive industry.
Li Shufu, the billionaire chairman of Chinese car maker Geely (GELYF), invested about $9 billion buying a stake of almost 10% in Daimler (DDAIF), making him the biggest single shareholder in the owner of Mercedes Benz.
Li, who’s estimated to be worth around $18 billion, has....More>>>
In 1993, I learned two of the most powerful investing lessons of my life… I was primarily trading emerging market stocks at the time. The big story was China. I was a broker specializing in foreign stocks, and my phone was ringing nonstop. Everyone wanted to buy Hong Kong stocks. That was a thrilling time for me… I had never made so much money before in such a short....More>>>
Insys Therapeutics (NASDAQ:INSY) has been bombarded with negative headlines over the last few months. Most of these stories focus on the past, what former employees did, etc. They have no bearing on the firm’s asset value or ability to generate profits in the future. As a result, Insys stock has become undervalued, and this is a good entry point
I believe this stock is the single best....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>>>
After casino mogul Steve Wynn stepped down in February from his position of chief executive at Wynn Resorts Ltd. (WYNN) – in the wake of sexual harassment allegations – questions have emerged about the future of the $18 billion luxury hotel empire that bears his name.
Now the plot thickens as Wynn’s ex-wife, Elaine, a 9.25% shareholder who co-founded Wynn Resorts with....More>>>
Warren Buffett, Wells Fargo’s biggest fan, says the Federal Reserve is making him reduce his stake in the embattled bank.
Buffett’s Berkshire Hathaway (BRKB) disclosed in a regulatory filing on Wednesday that it sold 7.1 million shares of Wells Fargo (WFC) for $384 million this week. It intends to sell an additional 1.7 million shares of Wells soon.
Berkshire’s....More>>>
Warren Buffett. Image source: The Motley Fool.
Since the beginning of 2016, Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) has seen the value of the seven bank stocks in its investment portfolio increase by $5.6 billion, or 10.8%.
That’s a lot of money, butwhen you compare it to how blue-chip bank stocks performed more generally, something interesting sticks out. While Berkshire’s....More>>>
Emily Varnam wants to protect the environment and eschew big business, so she tries to buy local food, dresses in secondhand clothing and doesn’town a car.
The27-year-olddoula also chooses her feminine hygiene products based on her personal philosophies.
She no longer uses tampons and other products made by giant consumer products companies, opting instead for more natural, eco-friendly....More>>>
The fourth quarter of 2016 was the first quarter since the second quarter of 2014 that Macau’s gaming market grew at all. And the signs of life have given new hope to gaming investors with exposure to the world’s biggest gaming market.
But Las Vegas Sands Corp. (NYSE:LVS) may not have had as strong a quarter as competitors like Melco Crown Entertainment Ltd (NASDAQ:MPEL) and Wynn....More>>>
Despite a growing economy and the lowest U.S. unemployment rate in 16 years, things arent looking up for many Americans financial fragility is especially an issue for people with low incomes and for minorities, according to the new 2017 Prosperity Now Scorecard.
Getting By, But Not Gettin
Shares of Parker Drilling (NYSE:PKD) were down 2.3% on Thursday . The stock traded as low as $0.41 and last traded at $0.42. Approximately 26,000 shares were traded during trading, a decline of 99% from the average daily volume of 2,172,783 shares. The stock had previously closed at $0.43.
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Not so long ago, solar energy was more promise than reality. Solar panels were expensive, and the savings over existing fuels did not create much of a compelling case. It took years to recoup the startup costs, and sometimes the benefit never even materialized.
But al
For all the saber rattling over the dreaded 3 percent Treasury yield, don’t overplay the role of bonds as the proximate cause for bearish equity moves.
Sure, U.S. stocks dropped 1.3 percent Tuesday. But look under the surface, and pain actually bypassed bond-proxy stocks -- dividend
Skechers USA (NYSE:SKX) issued its quarterly earnings data on Wednesday. The textile maker reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.12), Bloomberg Earnings reports. The business had revenue of $1.13 billion during the quarter, compared to th
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