Asian private equity firm Affinity Equity Partners is nearing a deal to buy Trimco International Holdings Ltd., a Hong Kong-based maker of garment labels, people with knowledge of the matter said.
Affinity was chosen as the preferred bidder for Trimco and will now negotiate final terms of the purchase, according to the people, who asked not to be identified because the information is....More>>>
Coca-Cola Co. (NYSE: KO) is scheduled to release its first-quarter earnings report before the markets open on Tuesday. The consensus forecast calls for $0.46 in earnings per share (EPS) on $7.31 billion in revenue. The same period of last year reportedly had $0.43 in EPS on $9.13 billion in revenue.
This company has paid dividends for more years than most investors can count, and the beverage....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>>>
Toward the end of trading Wednesday, the Dow traded up 0.4 percent to 24,130 while the NASDAQ climbed 0.07 percent to 24,113.18. The S&P also rose, gaining 0.31 percent to 2,642.72.
Leading and Lagging Sectors
Wednesday afternoon, the energy shares gained 0.74 percent. Meanwhile, top gainers in the sector included Pengrowth Energy Corporation (NYSE: PGH), up 12 percent, and....More>>>
Bull markets become trickiest to navigate just when they start to look easy. Lately, this one has been a breeze. Investors in U.S. stocks have gotten more than a years worth of gains in six months, with Standard & Poors 500-stock index returning 12.5% since last Novembers election, far ahead of the long-term annual average of 10%.
SEE ALSO: 5 Stocks to Buy Now
During his campaign for Rhode Island General Treasurer, investment newbie Seth Magaziner (31 year old son of Bill Clinton policy advisor Ira Magaziner) promised greater transparency regarding the state pension’s high-risk, costly opaque alternative investments gamble than his predecessor, Governor Gina Raimondo.
Promises, promises. When was the last time a politician followed through....More>>>
St. Helier, Y9, based Investment company Contrarius Investment Management Ltd buys Gilead Sciences Inc, Teck Resources, Tegna Inc, Liberty Formula One Group, Boston Beer Co Inc, International Business Machines Corp, Barrick Gold Corp, Kinross Gold Corp, Diamond Offshore Drilling Inc, Arch Coal Inc, sells Apple Inc, Twitter Inc, Bitauto Holdings, Encana Corp, Western Digital Corp during the 3-months....More>>>
November 28, 2017: Here are four stocks trading with heavy volume among 76 equities making new 52-week lows in Tuesday’s session. On the NYSE advancers led decliners by about 2 to 1 and on the Nasdaq, advancers led decliners by the same ratio.
Weatherford International plc (NYSE: WFT) dropped nearly 5% Tuesday to post a new 52-week low of $3.08 after closing at $3.24 on Monday. The....More>>>