&l;p&g;Americans are a little behind when it comes to tax laws. For instance, 26% aren&a;rsquo;t aware that a &l;a href=&q;http://docs.house.gov/billsthisweek/20171218/CRPT-115HRPT-466.pdf&q; target=&q;_blank&q;&g;new tax bill&l;/a&g; was signed into law in 2017, according to the &l;a href=&q;https://www.nerdwallet.%20com/blog/taxes/2018-tax-%20report/&q; target=&q;_blank&q;&g;latest NerdWallet tax study&l;/a&g;. And about half (51%) don&a;rsquo;t know that income tax brackets are changing under the new tax rules.
&a;ldquo;So, they might know about the law, but a lot of the details are still elusive to people,&a;rdquo; says Andrea Coombes, NerdWallet&a;rsquo;s tax and investing specialist.
That lack of knowledge is more pronounced among Millennials. &a;ldquo;Boomers are most likely to know about the law,&a;rdquo; Coombes says. &a;ldquo;We found that 41% of Millennials don&a;rsquo;t know the law passed. There&a;rsquo;s a lack of awareness, which is worrisome, because there are so many changes that are going to affect individual taxpayers directly.&a;rdquo;
good stocks: Interpublic Group of Companies, Inc. (IPG)
- [By Laurie Kulikowski]
Current return on equity exceeded its ROE from the same quarter one year prior. This is a clear sign of strength within the company. Compared to other companies in the Media industry and the overall market, INTERPUBLIC GROUP OF COS’s return on equity significantly exceeds that of both the industry average and the S&P 500.
- [By Laurie Kulikowski]
Despite its growing revenue, the company underperformed as compared with the industry average of 7.2%. Since the same quarter one year prior, revenues slightly increased by 1.3%. This growth in revenue does not appear to have trickled down to the company’s bottom line, displayed by a decline in earnings per share.
- [By Paul Ausick]
The Interpublic Group of Companies Inc. (NYSE: IPG) dropped about 4% Wednesday to post a new 52-week low of $21.28 after closing Tuesday at $22.16. The 52-week high is $25.71. Volume reached nearly 10 million shares traded, more than double the daily average of around 3.8 million. Tuesday’s weak earnings report continued to weigh on the share price.
- [By Paul Ausick]
The Interpublic Group of Companies Inc. (NYSE: IPG) dropped about 2.3% Thursday to post a new 52-week low of $20.94 after closing Wednesday at $21.44. The 52-week high is $25.71. Volume reached nearly 13 million shares traded, nearly 3 times the daily average of around 3.8 million. The company had no specific news, but Tuesday’s weak earnings report continues to weigh on the share price.
good stocks: Mosaic Company (MOS)
- [By Stephan Byrd]
The Mosaic Company (NYSE:MOS) has been assigned an average rating of “Hold” from the nineteen brokerages that are covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $25.23.
- [By Ben Levisohn]
We also want to reiterate our bullish view on the agricultural commodities and the ag-related stocks (e.g., CF Industries Holdings (CF), Mosaic (MOS), Potash Corp. of Saskatchewan (POT), FMC (FMC), AGCO, Deere). Following sharp multi-year declines, trends continue to improve.
- [By Shanthi Rexaline]
Agri-Input Companies — Seeds/ Fertilizers/Pesticides Manufacturers
Monsanto Company (NYSE: MON): +68.82 percent since 2011. Syngenta AG (ADR) (NYSE: SYT): +56.26 percent since 2011. Mosaic Co (NYSE: MOS): -63.1 percent since 2011. Potash Corporation of Saskatchewan (USA) (NYSE: POT): -67.8 percent since 2011. CF Industries Holdings, Inc. (NYSE: CF): +5.04 percent since 2011. Agrium Inc. (USA) (NYSE: AGU): +1.10 percent since 2011.
- [By Chris Lange]
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was The Mosaic Co. (NYSE: MOS) which traded down 2.4% at $23.09. The stocks 52-week range is $22.43 to $34.36. Volume was 4.2 million versus the daily average of 5.1 million shares.
good stocks: Loral Space and Communications Inc.(LORL)
- [By Max Byerly]
Loral Space & Communications (NASDAQ:LORL) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.
good stocks: Entercom Communications Corporation(ETM)
- [By Money Morning News Team]
Entercomm Communications Corp. (NYSE: ETM) is a Pennsylvania-based broadcasting and radio network corporation that was founded in 1968.
The company owns 235 radio stations across 48 media markets and is the second-largest radio company in the United States. The company began its digital marketing arm in 2014 and announced the acquisition of Lincoln Financial Media the same year.
- [By Peter Graham]
Small cap radio broadcasting stock Entercom Communications Corp (NYSE: ETM), a potential peer of Emmis Communications Corporation (NASDAQ: EMMS), Saga Communications (NYSEAMERICAN: SGA) and troubled Cumulus Media (NASDAQ: CMLS), is the tenth most shorted stock on the NYSE with short interest of 45.06% according to Highshortnterest.com.