The yield on the benchmark 10-year Treasury note started the week on a tear, jumping to 2.99 percent and toying with the key 3 percent level that could trigger a reaction across global financial markets.
AT&T Inc. (NYSE:T) has been on fire, rallying over 15% since November 1. However, T stock price is still down more than 9% so far for 2017. So is it time to get in on this recent momentum or take a pass on the telecom giant?
Let’s look at the chart first.
Trading T Stock Price
AT&T certainly has positives, but its chart is anything but pretty. T stock price made....More>>>
Chairman, CEO & President of American Assets Trust Inc (NYSE:AAT) Ernest S Rady bought 52,778 shares of AAT on 08/09/2017 at an average price of $40.17 a share. The total cost of this purchase was $2.1 million.
American Assets Trust Inc is a self-administered real estate investment trust based in the United States. The company mainly invests in, operates, and develops retail, office,....More>>>
Online travel stock Tripadvisor Inc (NASDAQ: TRIP) reportedQ1 2017 earnings after the market closed on Tuesday with shares up in afterhours /premarket trading. Q1 revenue rose 6% (or 7% on a constant currency basis) to $372 million as hotel revenue grew 4% to $314 million and non-hotel revenue rose 18% to $58 million.Net income was $13 million versus $29 million. Key business metrics cited in the....More>>>
I’ve been a shareholder of Chesapeake Energy (NYSE:CHK) for a quite a few quarters now and the performance is nothing short of inadequate. Granted, the energy sector is challenged right now and there’s only a few bright spots worth investing in, but this name is clearly underperforming, down nearly 28% YTD. With continued losses and a pick up in volatility for crude oil on the back of....More>>>
Cisco Systems, Inc. (NASDAQ: CSCO) reported fiscal third-quarter financial results after markets closed Wednesday. The networking giant said that it had $0.60 in earnings per share (EPS) and $11.9 billion in revenue, which compares with consensus estimates from Thomson Reuters that called for $0.58 in EPS and $11.9 billion in revenue. The same period from last year had $0.57 in EPS and $12.0 billion....More>>>
Netflix Inc. (Nasdaq: NFLX), a stock we talk about frequently, recently completed a $1.4 billion euro-denominated bond sale. Not surprisingly, millions of investors think this is a good move because it’s money that the company will (presumably) put towards new content development.
I’m not so sure that’s the case. More to the....More>>>
While some Americans worry that the economy and the stock market are just about to crash, both appear to be quite healthy. If we’re looking at headline numbers, the stock market has never been higher, and unemployment is at a level that seemed unimaginable eight years ago.
Consider that since October 2009, unemployment has dropped from 10%....More>>>
Boston, MA, based Investment company North Tide Capital, Llc buys Impax Laboratories, Allergan PLC, Accuray, sells Community Health Systems, Valeant Pharmaceuticals International, Mylan NV, Perrigo Co PLC, Select Medical Holdings during the 3-months ended 2016-12-31, according to the most recent filings of the investment company, North Tide Capital, Llc. As of 2016-12-31, North Tide Capital, Llc....More>>>
The S&P 500 is up almost 14% since Trump’s election as President. That’s certainly on the high side of historical runs for the stock market over a short period of time, but not unprecedented. For example, it falls in the top 10% of 4 month returns for the market looking back over US history. However, Trump and his policies have less to do with this move than appearances might....More>>>
As the U.S. wireless telecom backbone has evolved since its infancy of the late 1990s, the game, save for a few minor players, has been dominated by two companies: AT&T Inc. (NYSE:T) and Verizon Communications Inc. (NYSE:VZ).
Combined, the two own about 65% of the U.S. market. With 142.7 million subscribers, Verizon holds the top spot over AT&T’s 131.8 million customers.
The financial sector was a major part of the Great Recession, and it has been a major part of the recovery and raging bull market since then. Generally speaking, the major financial institutions in the United States are a good barometer of the current state of U.S. markets.
HDFC Bank (HDFCBK) posted strong and in-line with expectations results for Q4FY2018. The bank reported healthy operational performance, as seen in its net interest income (NII) growing by 18% y-o-y to Rs. 10,657 crore and non-interest incom
Airbus SE Chief Executive Officer Tom Enders sketched out the company’s plans for the next generation of European fighter aircraft and warned that Brexit means the U.K. could miss out on future production.
Airbus’s German operation is working with French warplane specialist