Trivago NV – ADR (NASDAQ: TRVG) shares dipped 24.8 percent to $11.23 after the company lowered its guidance. At Home Group Inc (NYSE: HOME) dropped 11.4 percent to $22.70. At Home Group reported Q2 adjusted earnings of $0.18 per share on revenue of $232.1 million. Pulmatrix Inc (NASDAQ: PULM) declined 8.1 percent to $2.27 after gaining 33.51 percent on Tuesday. Vectura Group reported....More>>>
Toward the end of trading Wednesday, the Dow traded up 0.42 percent to 21,845.34 while the NASDAQ climbed 0.41 percent to 6,401.95. The S&P also rose, gaining 0.42 percent to 2,468.27.
Leading and Lagging Sectors
Wednesday afternoon, the energy shares surged 1.23 percent. Meanwhile, top gainers in the sector included Frontline Ltd. (NYSE: FRO), up 5 percent, and JA....More>>>
Fed rate hikes have generally been good for banks–but not today’s quarter point rise. What’s different?
The market clearly likes the rate hike today. The S&P 500 has gained 1% to2,388.03 at 3:01 p.m. today. The Financial Select Sector SPDR ETF (XLF) has is little changed at $24.78, while the SPDR S&P Bank ETF (KBE) has dropped 0.7% to $44.59.
Billionaires Warren Buffett and George Soros earned their vast fortunes by consistently finding gems lying in plain sight. And after decades of running their own investment businesses, these superinvestors remain as active as ever.
Individual savers interested in learning from or investing alongside these financial legends need to look no further than the 13-F filings that all large investment....More>>>
Wall Street on Monday didn’t just cash in on one winner, or a daily double, or even a trifecta. It notched astock market-style superfecta, with all four major U.S. stock indexes — representing blue chip names, technology stocks, small caps and large-company stocks — all closing at record highs on the same day for the first time in 17years.
The post-election rallybegan two....More>>>
Do you want to become an inspired leader in 2017—one who makes a big difference in your team, your organization, and society?
A good place to start is to review the qualities and practices of exceptional leaders, which have remained the same since the beginning of civilization, as summarized in a book M.A. Soupios and I co-authored, The Ten Golden Rules....More>>>
2016 was something of a transition year for Wynn Resorts Limited (NASDAQ:WYNN). Its largest market, Macau, went from a steep two-year decline in gaming revenue to posting five straight months of year over year growth to end the year. Depending on how you look at it, that could be a good or bad thing. Wynn also opened its most expensive resort ever, the $4.4 billion Wynn Palace in the Cotai region....More>>>
“A truly great business must have an enduring “moat” that protects excellent returns on invested capital.”
– Warren Buffett, 2007 Shareholder Letter
A reader recently sent me the following clips from the 2007 Shareholder Letter that pertains to a topic that we’ve discussed quite a bit here: the concept of return on capital, why it’s important....More>>>
EDITOR’S NOTE: Sam Collins will return on Feb. 21.
Based on nothing more than a quick glance at Monday’s action for the S&P 500 and the echoes of last week’s headlines (that stocks tore into record-high territory), it would be easy to decide to be a buyer. When one takes a step back though — and sees just how far we’ve come since November without a clear....More>>>
Up 0.5% today, up 1.6% for the week, and up 11.4% since mid-December, the SPDR Gold Trust ETF (NYSEARCA:GLD) is on fire… one of the hottest tickets in town, as lingering economic uncertainty and a weak dollar both make gold something of a must-have.
And yet, for an investor that’s willing to look past the obvious trade like the SPDR Gold Trust ETF, there’s an even more....More>>>