Bond guru Bill Gross is pulling a Flavor Flav. He’s telling people to not believe the Trump hype.
Gross, formerly one of the top dogs at fixed income powerhouse PIMCO and now a fund manager with Janus, wrote in his most recent monthly outlook that investors are too excited about Trump. He thinks Trump’s economic promises are too grand.
Some lucky investors just struck gold at Northern Dynasty Minerals. Image source: Getty Images.
The past six months have seen shares of Northern Dynasty Minerals Ltd. (NYSEMKT:NAK) roughly quintuple in value, continually rising day to day from about $0.44 per share in July to today’s closing price $2.28.
Most days, Northern Dynasty shares have risen without....More>>>
Riding on improving consumer sentiment, Ford (NYSE:F) brushed aside investors concerns by posting a much better than expected November sales number. The better than expected sales growth saw Ford stock gaining more than 4%. The stock is however down 11% YTDas investors are worried that US auto market has peaked for now. Also, the rising interest rates may adversely impact the stock. However, Ford’s....More>>>
Goldman Sachs analyst Noah Poponak and team like the defense sector but have some concerns about Lockheed Martin (LMT), particularly its valuation. They explain:
Matt Cardy/Getty Images
We continue to hold an Attractive sector view on Defense, where Lockheed is the bellwether and owns one of the Pentagons fastest growing programs in the F-35. However, the remainder of the portfolio....More>>>
Oil company ConocoPhillips (NYSE:COP) has been kicked to the curb in 2015 and 2016 on the back of a devastating energy price rout that has even pushed some companies into bankruptcy. Levered upstream companies Linn Energy, LLC (NASDAQ:LINEQ) and Breitburn Energy Partners L.P. (OTCPK:BBEPQ) filed for bankruptcy earlier this yer because of falling price realizations, and a high debt load that....More>>>
The Q4 2016 earnings report for small cap mobile game stock Glu Mobile Inc (NASDAQ: GLUU)is scheduled for after the market closes onWednesday (February 8). In the past, our SmallCap Network Elite Opportunity (SCN EO) portfolio had open positions in other mobile game stocks with our SCN EO newsletter notingin August 2015 before that summers market meltdown:
Allegations that Mylan (MYL) overcharged the government for EpiPens have put specialty pharmaceutical companies like Endo International (ENDP), Valeant Pharmaceuticals International (VRX), and Mallinckrodt (MNK) under pressure today, as drug pricing proves to be the source of pain that just won’t go away. Guggenheim’s Louise Chen and team discuss the takeaways from a Henry Kaiser Family....More>>>
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