The last time we saw today's setup, one group of stocks more than doubled in four years and left U.S. stocks in the dust... It has nothing to do with China. And it might surprise you... European stocks are now dirt-cheap compared with their U.S. counterparts. Based on histo
Preet Bharara is known for his fierce pursuit of insider trading and corruption cases. Now, he’s out.
On Friday, Bharara was one of 46 U.S. attorneys asked to resign by President Trump. That was a standard move for a new president. But Trump, during his transition, had asked Bharara to stay on. After Bharara refused to resign, he was fired by Trump on Saturday.
Stocks spent most of Friday’s session in the red before breaking higher at the end of the trading day. By the close, theDow Jones Industrial Average(DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) indexes had each gained less than 0.25%.
Over 150 years ago, Smith and Wesson designed bullet cartridges that bear the name of S&W and were manufactured and sold throughout the United States of America. Today, Smith and Wesson is one of the many companies of the new holding company, American Outdoor Brands Corporation (NASDAQ:AOBC). AOBC will serve as the foundation for S&W, along with many other brands, and....More>>>
Whirlpool CEO Jeff Fettig blamed the confidence-sapping U.S. election and the plunge in the value of the British pound for the companys disappointing third quarter earnings, and predicted that the appliance-makers woes would be short-lived.
Whirlpool shares fell as much as 13% on Tuesday after the company posted earnings per share of $3.66, versus expectations for....More>>>
Oil and gas majors like ExxonMobil Corporation (NYSE:XOM) and Royal Dutch Shell Plc (NYSE:RDS-B) have had a rough run since mid-2014. But these two industry giants are making the changes needed to deal with today’s difficult energy markets, just like they’ve done time and time before. You could worry, but you really don’t need to. Here are their bonafides.
Perhaps another nail in the coffin of Wells Fargo & Co. (NYSE: WFC) CEO John Stumpf. Bernie Sanders, former presidential candidate and United States Senator from Vermont wants to know if the federal agencies involved in the bank’s scandal have made referrals of material to the Justice Department.
Comments from the Sen Sanders website about a letter to Richard Cordray the director....More>>>
Late Tuesday, Gilead Sciences (GILD) won a court ruling in its battle with Merck (MRK) over the intellectual property rights behind its blockbuster hepatitis-C drugs Harvoni and Sovaldi. Gabelli’s Jing He stands by her contention that Gilead is “the most undervalued stock” in biotech:
Gilead Sciences CEO John Milligan Victor J. Blue/Bloomberg News
Red Hat – One of the more interesting menus in the IT universe
I do not think I have ever made much of a secret that among other passions like my enjoyment of American Standards, one of my keenest interests is the enjoyment of food and wine. And sooner or later, if you love food and wine and have the ability to get there, Burgundy is an inevitable destination. I once spent more than....More>>>
Sales Trends A Bit Soft, But Nothing To Worry About
I have been a bit disappointed by Nordstroms (NYSE:JWN) recent results. Not because it was a bad quarter per se, but because it broke the sequence of constant overperformance compared to other peers in the
It's been a bad month for Pegasystems (NASDAQ: PEGA), with investors running for the exits after a huge top-line miss in Q3. For an enterprise software company, there's probably nothing worse. Pegasystems sold off from all-time highs near $65 and now trades nearly 20% lower, in the low $50s.
I have previously written some articles where I have tracked Tesla's (NASDAQ:TSLA) construction and purchases of property, plant, and equipment (P,P & E), as well as Tesla's payments for them. The reason Tesla does not have to pay for all its equipment up front was explained in
Ever since the proposed acquisition of Rite Aid Corporation (NYSE:RAD) by Walgreens Boots Alliance Inc (NASDAQ:WBA) was restructured multiple times and eventually turned into an all-cash deal for a couple stores, RAD stock has been left for dead.