Personal Capital Advisors Corp grew its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHA) by 23.3% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,707,016 shares of t
Shares of Intercontinental Exchange (NYSE:ICE) have earned an average recommendation of “Buy” from the sixteen brokerages that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and thirteen have assigned
One decade ago, Warren Buffett took a $1 million wager that stashing money in an index fund would make you richer than if you entrusted it with hedge fund managers.
He won — big time — and in his annual letter on Saturday, the billionaire Chairman and CEO of Berkshire Hathaway (BRKA) Inc. outlined the final tally. He also took a jab at the hedge fund folks at the losing end.....More>>>
Vancouver, A1, based Investment company Leith Wheeler Investment Counsel Ltd. buys Maxar Technologies, Cinemark Holdings Inc, Intel Corp, STORE Capital Corp, 3M Co, Apple Inc, Starbucks Corp, sells iShares Core S&P 500, Orbital ATK Inc, DigitalGlobe Inc, Axalta Coating Systems during the 3-months ended 2017-12-31, according to the most recent filings of the investment company, Leith Wheeler....More>>>
The biggest newspaper in the West, the Los Angeles Times, suddenly has a new publisher and a new editor in chief.
Davan Maharaj, who has held both jobs since March 2016, was dismissed on Monday. So were several of his top deputies at the paper, including the managing editor and the deputy managing editor for digital.
Former Yahoo and Fox Interactive Media executive Ross Levinsohn....More>>>
Qualcomm Inc. (NASDAQ: QCOM) reported second fiscal quarter 2017 results after markets closed on Wednesday. The chipmaker posted adjusted diluted earnings per share (EPS) of $1.34 and adjusted revenues of $6 billion. In the second quarter of 2016, Qualcomm reported EPS of $1.04 on revenues of $5.55 billion. The consensus analysts’ estimates called for EPS of $1.19 and $5.9 billion in revenue.
The Dow Jones today projected a 61-point decline as investors prepared for the president’s announcement on Iran. According to European diplomats, U.S. President Donald Trump is expected to withdraw the United States from the deal, despite the fact that rejecting the pact is likely to foster an international crisis.
As global upheaval continues to rock market, gold has staged a....More>>>
Stocks were little changed last week despite a sharp jump during Friday’s trading session following positive economic news. That boost, plus generally positive earnings reports from some of the market’s biggest players, still left both the Dow Jones Industrial Average(DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC)just modestly lower so far in 2018.
Chuck Akre is an illustrious investor with a 29-year track record and is the founder, chairman and chief investment officer of Akre Capital Management. I take a closer look at Akre's investment strategy and the firm's most undervalued stock holdings below.
The Search for Compounding Machines
Akre Capital prides itself on being extremely discerning when selecting stocks.....More>>>
As I mentioned earlier this week, the market has transformed from a straight shot moneymaking bull market machine into more of a runaway train headed for untested track in near-zero visibility conditions. Take what you know and throw it — along with most of your logic — out the window.
The best way to win now is to laser in on very unique stocks that are either undervalued or....More>>>
This is meant as a scientific/business development post as to the merits of VKTX. It is well known VKTX is undervalued (by upwards of 40x), but these details will not be discussed here. For a more detailed valuation analysis, see the end of Zacks SCR’s post.
Viking Therapeutics is a clinical stage biopharmaceutical....More>>>
The marijuana revolution is taking over the country.
Eight states – Alaska, California, Colorado, Maine, Maryland, Massachusetts, Oregon, and Washington – and the District of Columbia have fully legalized possession of small amounts of marijuana for adults’ recreational use. An additional 13 states have decriminalized it. And 29 states, along with Puerto Rico and Guam,....More>>>
Last week, PayPal Holdings Inc (NASDAQ:PYPL) announced it would be acquiring the European-based payment-processing company iZettle for $2.2 billion in an all-cash deal. The money represents about one-third of PayPal's $7.8 billion war chest.
Rules can be annoying sometimes, but many of them, such as "look both ways before crossing the street," can keep us alive and well. There are some valuable rules related to retirement, too, and if you keep them in mind, your last decades can be much more comfortable than they otherwise would hav
Intel (INTC) stock is performing remarkably well lately, shares of the semiconductor leader have gained over 50% in the past year on the back of better-than-expected financial performance from the company. With the stock trading near historical highs, investors may understandably feel reluctant
Robeco Institutional Asset Management B.V. lifted its stake in shares of Dicks Sporting Goods Inc (NYSE:DKS) by 13.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 103,584 shares of the sporting goods retailer&