(Adds share price movements, forecasts and analyst note.)
Shares of Reckitt Benckiser Group PLC (RB.LN) suffered their biggest percentage-point drop in nearly seven years after the company reported sluggish sales growth and falling margins in 2017.
The consumer goods company said like-for-like sales were flat for the year. Its hygiene business grew 2% in the fourth quarter and the....More>>>
One of the best things about Seeking Alpha is the availability of research regarding stocks so risky that virtually no Wall Street advisors or analysts who care about keeping their jobs would ever consider recommending them – however large these stocks’ upside might be. The subject of this report is a company sufficiently dicey to earn its latest audit report a going concern qualification,....More>>>
The New Word For Retirement (photo credit: Shutterstock)
A dear friend of mine truly despises the term retirement. He’s 60 years old but thinks, acts, and feels like he is 40. During a recent conversation, he emphatically said, “Do you know what retirement means? To withdraw from life. I’m not withdrawing from life – I can work circles around....More>>>
Corcept Therapeutics (NASDAQ:CORT) is my favorite type of biotech company. It has an approved, marketed product with ramping sales, promising pipeline candidates, and is beginning to turn a profit. Both guidance by the company and analyst coverage suggest substantial growth in earnings and revenue. While not without the inherent risks of investing in a small/mid-cap biotech companies,....More>>>
Mark Zuckerberg’s awkward afternoon with Morgan Freeman’s voice Mark Zuckerberg really wants to escape the Silicon Valley bubble.
The Facebook (FB, Tech30) CEO and cofounder said Tuesday that his New Year’s resolution is to visit and meet with people from every state in the U.S. by the end of 2017.
“I’ve spent significant time in many states already,....More>>>
Symbiont, a distributed ledger provider, has partnered with Orebits Corp. to offer digitized shares of unrefined gold. Orebits clients can electronically trade smart certificates backed by gold reserves, according to a statement released on Wednesday.
Orebits Corp. provides digitization services to trade commodity reserves.
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For many, the New Year means....More>>>
Visa (NYSE:V) has declined by more than 5% since the company announced changes to its debit transaction routing rules for merchants and acquirers.
Click to enlarge
On November 2, the Federal Reserve published a clarification of Regulation II. The regulator confirmed that the set of rules prohibits all payment networks from restricting the number of networks....More>>>
GOP Proposes Radical Change to 401(k) System
5 Uses for Life Insurance That Most People Haven’t Thought Of
What to Make of Merrill’s Reorg, New Ads
Bank of America’s first-quarter profits jumped 40% to $4.86 billion, up from $3.47 billion a year ago. Per-share earnings were $0.41, beating estimates and last year’s $0.38 EPS.
Revenue rose 7% to....More>>>
I will get right to it. After describing the reasons behind its meteoric rise and the discussing why this name was one of my top blue chip top picks for 2017, it comes down to performance. Just this morning Bank of America (NYSE:BAC), as well as other large banks, are out with key earnings reports. This matters for the 2017 call and it matters for the share price which has skyrocketed in the last....More>>>
Today, our Elite Opportunity Pronewsletter noted that the technical chart for the Direxion Daily Financial Bull 3X Shares (NYSEARCA: FAS) and financials in general have stayed bullish since the elections:
I’ve included the daily chart of FAS below, the primary bullish leveraged ETF tracking the financial space, and I’ve circled its recent price action over the last few days. As....More>>>