Pedro Parente, lauded for turning around Brazil’s state-oil giant Petrobras SA, agreed to become chairman of struggling food conglomerate BRF SA, a breakthrough that may end several weeks of fighting among shareholders over who will sit on its board.
Saddle Brook, NJ, based Investment company Bulldog Investors, LLC buys Japan Smaller Capitalization Fund, Great Elm Capital, Putnam Highome Securities Fund, Central Securities, Clough Global Equity Fund, Delaware Enhanced Global Dividend of Beneficial In, Credit Suisse Asset Mgmtome Fund, New Ireland Fund (The), Delaware Investments Dividend &ome Fund, Liberty All-Star Equity Fund, sells First....More>>>
August 31, 2017: The S&P 500 closed up 0.57% at 2,471.51. The DJIA closed up 0.27% at 21,952.31 and the Nasdaq closed up 0.95% at 6,428.66.
Trading opened higher on all three indexes Thursday morning following a solid report on consumer incomes and spending and a better-than-expected report on new claims for unemployment benefits. Crude oil prices leapt higher on supply concerns....More>>>
Large cap luxury accessories stock Tiffany & Co (NYSE: TIF) reported Q2 earnings before the market opened Thursday morning with a larger-than-expected quarterly profit and sales thanks in partto higher demand for its fashion and designer jewelry in Japan along with lower input costs. Worldwide net sales increased 3% to $960 million and comparable store sales declined 2% while on a constant-exchange-rate....More>>>
Although shares of Alaska Air Group Inc. (NYSE:ALK) are up about 50% over the past 12 months, I think there’s still a great deal of value here. In my view, investors should strongly consider taking a position in this name. I’ll go through my reasoning below by highlighting some of the elements of the recent financial performance. I’ll also provide a model of my future price forecast....More>>>
Back in my early 20s, when I was broke and in student-loan and credit-card debt, I started to be able to save a little money. Practically microscopic amounts but it was something.
I was so terrified of losing even those few dollars that I thought I needed to make them as safe as possible. So instead of putting them into vehicles that might actually make me some money, I put my funds into....More>>>
24/7 Wall St. has put together a preview of a few major companies scheduled to report their quarterly results this coming week. The broad markets have pulled back slightly from their all-time highs, including the Nasdaq. In fact, this past week saw the worst trading day of 2017. A strong earnings showing from these stocks could help the markets return to their highs.
Sanofi (EPA:SAN) has been given a €72.00 ($88.89) price objective by Jefferies Group in a research note issued on Friday. The brokerage presently has a “neutral” rating on the stock. Jefferies Group’s price objective would indicate a potential upside of 8.81% from the co
Financial Engines (FNGN) was co-founded in 1996 by William F. Sharpe, a winner of the 1990 Nobel Prize in Economic Sciences for his work on the theory of financial economics. Sharpe studied how prices of financial assets are determined, and the link between risk and return. Financial Engines wen
Seeing value in Urban Outfitters (URBN) was not difficult considering the multiples the stock was trading at vis vis the many attractive characteristics of the company - good free cash flows, no net debt, a good level of diversification among brands and a rich and relatively safe divi
Almost exactly a year ago, Micron's (NASDAQ:MU) CFO, Ernie Maddock, stood up at a Citi investor conference and pre-released earnings. I was there, and the roomful was surprised - at the number and at the new found transparency. Now Micron has just completed what will be another excellent 4th quar