Heading into Skechers USA Inc’s (NYSE:SKX) first-quarter earnings report last month, I was confident that one of my largest positions would report solid numbers. Over the trailing 12 months, the shoemaker’s stock had soared, advancing more than 62%, more than quadrupling the S&P 500 index’s return. When the company reported its quarterly earnings, I was satisfied — for....More>>>
American International Group (AIG) tumbled to the bottom of the S&P 500 today after its earnings fell well short of the Street consensus.
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AIG dropped 8.9% to $60.85 today, while the S&P 500 gained 0.5% to 2,349.25.
Yes, AIG’s earnings were bad. It reported an operating loss of $2.72 a share, missing forecasts for a profit of 42....More>>>
We’re told we’re supposed to consistently set aside money for the future to avoid running outof it in retirement, but only half of U.S. workers are heeding that advice. New data tells us that 49% of Americans actively are saving for retirement — which means that half the workforce is at risk of retiring broke. Worse yet, only 16% of workers are very confident that they’ll....More>>>
If past history was all there was to the game, the richest people would be librarians.
Investing, particularly investing well, is not the easiest game in the world. It requires a multitude of virtues like patience, keeping faith in your investment and the important ability to admit it when a mistake has been made. Even the doyen of investing....More>>>
Kimberly-Clark Corp. (NYSE:KMB) has provided investors with reliable income increases for decades.
In fact, the company is one of the 51 Dividend Aristocrats, which can all be seen here.
Kimberly-Clark pays one of the safest dividends in the market, yields close to 3%, offers mid-single-digit payout growth and sells recession-resistant products.
All of these investment qualities....More>>>
Markets are digesting news that Bitcoin futures hit an all-time high on Wednesday, according to data provided by U.S. exchanges CME and CBOE.
Roughly $670 million in contracts were exchanged on the markets. CME said that roughly 11,000 contracts (worth 56,100 BTC) were traded on April 25. Futures trading is up 44% in April compared to trading in March.
Here is a recap of the top....More>>>
Black Friday conjures up dreams of scoring flat-screen TVs, video games, jewelry and winter clothing for super-low prices.
But after the gobble gobble, think about some vroom vroom.
The day after Thanksgiving is the best day to buy a used car, according to iSeeCars.com, which found 33.1% more deals that day than on the average day. No. 2 on the list was Veterans Day (32.5%), followed....More>>>
May 3, 2018: Markets opened lower again Thursday but much of the early loss was recovered and it looks like equities will end the day right around the break-even line. Traders are paying attention to U.S. trade talks with China, possible inflation, bond rates, the nuclear agreement with Iran, and earnings. With so much going on it’s not hard to see why markets are reluctant to plot a course....More>>>
Deere & Co., founded in 1837, makes tractors and other agricultural equipment that helps farmers grow crops to feed the planet.
Snap Inc. is less than six years old and lets people take pictures of themselves with cartoonish dog ears and noses.
But the parent company of Snapchat — which isn’t making any money yet, by the way — is now worth more than Deere.....More>>>
&l;p&g;&l;img class=&q;dam-image bloomberg size-large wp-image-41903517&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/41903517/960×0.jpg?fit=scale&q; data-height=&q;1390&q; data-width=&q;960&q;&g; A rainbow arcs over wind turbines at a wind farm in Scotland. Mike Wilkinson/Bloomberg
As the amount of renewable energy in global electricity networks continues to surge,....More>>>