When you consider what health and fitness tracking company Fitbit Inc (NYSE:FIT) has been through over the past few years, the company has had a pretty great week so far. With news breaking about a new strategic partnership and a Q1 earnings beat, you would think that FIT stock would be on the rise.
However, just the opposite is true for FIT.
On Monday, Fitbit....More>>>
Women are not necessarily well-prepared to manage the money coming towards them in the future.
Only 18% of retirement-age women passed a financial literacy quiz on making a nest egg last through retirement, compared with twice as many men who passed. The quiz was distributed by the American College of Financial Services, and found women had most difficulty in understanding annuity products,....More>>>
Small cap cloud storage stock Box Inc (NYSE: BOX), whos financialsonce had the dubious distinction of once being labeled a house of horrors in a Bloomberg interviewwithTrue Ventures Partner Om Malik, reported Q2 2018 earnings after the market closed Wednesday with shares falling in after/premarket trading. Revenue rose 28% to a record $122.9 million as deferred revenue rose 32% to $240.8 million....More>>>
Wall Street analysts tend to be a bullish lot, and few have been as bullish as FundStrat’s Thomas Lee, who’s been accused of being a perma-bull. But just as his colleagues seem to be embracing another year of gains, Lee has decided to dial back the optimism. In his 2017 outlook released today, Lee wrote that he expects that S&P 500 to finish the year at 2,275, down a few points from....More>>>
I’m a longtime fan of Warren Buffett, and I often refer to one of my favorite Buffett quotes: "You only have to do a very few things right in your life so long as you don’t do too many things wrong."
With that in mind I’ve compiled the following list of 10 things that successful investors don’t do. If you’re doing any of these, I hope you’ll change....More>>>
Buffett sold a large portion of his stake in Munich Re (HAM:MUV2) in 2015 citing a terrible outlook for the reinsurance business. A year and a half later, it’s clear he would have made continued to profit on the stock if he had held it, but it is unclear how long that will last and whether his vision is still to come true.
The CEO of Berkshire Hathaway (BRK.A)(BRK.B) held more than....More>>>
Valeant Pharmaceuticals will report its Q4 earnings on February 28th. VRX stock remains a risky bet going into the earnings.
Valeant Pharmaceuticals Intl Inc(NYSE:VRX) stock has been rallying going into this earningsseason. Valeant stock is up by more than 20% since the beginningof February. VRX stock is currently facing resistance from the100-day simple moving average trendline.....More>>>
People are often interested in studying the saving behavior of women.
I have generally resisted that approach because women have traditionally lived in households where the couple makes decisions jointly. In that world, I would think that married women and single women would look more different than men and women.
But the times are changing, so it makes sense to see if women are still....More>>>
President-elect Donald J. Trump’s decision to pick Steven Mnuchin, a former Goldman Sachs partner, as the next Treasury Secretary is driving hopes on Wall Street that government sponsored mortgage giants Fannie Mae and Freddie Mac will be privatized in the new administration. “We’ve got to get them out of government control,” Mnuchin told Fox Business News on Wednesday morning....More>>>
William Patalon III
If you’ve been listening to the U.S. presidential campaign rhetoric, you know the main themes: immigration, terrorism, America’s aging infrastructure, the FBI investigation of Hillary Clinton’s email practices, the economy.
And some other topics, as well.
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