Enbridge Energy, Limited Partnership (NYSE:EEP) had its target price lowered by Barclays from $16.00 to $11.00 in a research report sent to investors on Tuesday morning, Marketbeat reports. The brokerage currently has an equal weight rating on the pipeline company’s stock.
Lowes (LOW) has been making strategic investments to catch rivalHome Depot (HD); however, key metrics still lag behind. Despite a recent stock bump from an activist investor taking seats on the board, the stock still remains 10% undervalued compared to Home Depot.
When Lowes last reported earnings, it reported both a top line revenue and bottom line earnings per share beat. In the third....More>>>
This article is reprinted by permission from NextAvenue.org.
To the question Does working past the traditional retirement age keep you mentally sharp? the answer was a qualified yes among several scholars attending the recent 2017 Age Boom Academy at Columbia University in early June. (Ill get to the caveats later.)
Intriguing evidence that work helps boost cognitive health among older....More>>>
A group of Senate Democrats are charging that billionaire Carl Icahn is using his role as President Trump’s regulation buster for his “own personal gain.”
Senators Elizabeth Warren, Al Franken and four colleagues sent the White House and EPA letters this week demanding answers to a series of questions they’ve raised about Icahn’s vast business empire and his....More>>>
Constellation Brands (NYSE:STZ), the producer of premium wine and the Corona, Modelo, & Pacifico beer brands, has strong sales momentum acting as a tailwind. The company’s focus on premium margin growth is helping to drive earnings growth. Although Constellation’s valuation has increased over the past few years, the stock is valued below its peers on a PEG and Price to Sales basis.....More>>>
Who knows what is going on with health care legislation? I am still interested in how any potential changes could affect older workers.
The need for medical care rises sharply after age 50. Obamacare the Affordable Care Act of 2010 increased the coverage of these older adults by expanding Medicaid, restructuring the insurance market, and offering subsides. The repeal and replace legislation....More>>>
March has brought madness to airline stocks, including United Continental Holdings (UAL), Delta Air Lines (DAL), and American Airlines (AAL). But the recent pullbacks aren’t a buying opportunity, say Imperial Michael Derchin and Adam Hackel.
Agence France-Presse/Getty Images
I recommended United Continental on Nov. 19, the week that Warren Buffett’s Berkshire Hathaway....More>>>
Shares of auction house Sotheby’s (NYSE:BID) jumped as much as 14.7% in trading Monday after the company released fourth-quarter results. And shares kept steaming, trading 13.6% higher as of 12:30 p.m. EST.
Revenue for the quarter fell 8.1% to $308.7 million, but the company did swing from a loss of $11.2 million to a profit of $65.5 million,....More>>>