Like many businesses, debt collection is a cyclical industry, and as a major player in that industry, PRA Group (NASDAQ:PRAA) is subject to the ups and downs of the economy. During good times, there aren’t as many nonperforming loans for PRA Group to collect on. Only when times get tough do default rates move higher, spurring many creditors to turn their collections over to PRA.
&l;p&g;&l;img class=&q;dam-image getty size-large wp-image-942027334&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/942027334/960×0.jpg?fit=scale&q; data-height=&q;639&q; data-width=&q;960&q;&g; Fraud is widespread among cryptocurrency investment promoters, a regulator warned today (Photo by Artur Widak/NurPhoto via Getty Images)
General Electric Co. (NYSE: GE) stock posted a dip of about 0.9% last week, not much, but not good enough to shake the company’s ranking as the worst performing Dow Jones industrial average stock for the year to date.
GE shares have lost nearly 17% of their value in 2018 and have fallen nearly 52% during the past 12 months. The second-worst Dow stock so far this year is Procter &....More>>>
A few weeks ago, we published an article that characterized Gilead (GILD) as a “Value Trap.” That article was a follow-up to an earlier article which used our work on Gilead as an example of how a solid conceptual framework could help investors make better decisions. Both of these articles were based on a 16-page valuation report on Gilead we published to our members in September, 2016.
As many expected, Donald Trump’s presidency is off to a raucous start, and it shows no signs of slowing down. That means, for investors, volatility in the market is just around the corner. And when volatility rears its head, investors turn to gold — not coins, per se, but gold-mining stocks. Yamana Gold (NYSE:AUY), a leader among gold-mining stocks, is one name that has been drawing....More>>>
Warren Buffett has said that his “favorite holding period is forever,” and I generally invest with that same philosophy in mind.I don’t think I’ll keep each and every stock I own forever — after all, there are plenty of valid reasons to sell stocks, and there’s no way of knowing how a company or its industry will change in the future.
Biotricity (OTCBB: BTCY) is a comer in the rapidly growing medical device market and is a small cap to take notice of. Driving this lucrative market are; IoT-driven device connectivity, governmental pressure to cut healthcare costs, escalating hospital costs, a need to reduce hospital readmission rates, an aging population, and a high rate of people with chronic disease. The largest factor driving....More>>>
U.S. stock futures are trading lower this morning. Losses are heavier in the tech-laden Nasdaq after Cisco Systems, Inc. (NASDAQ:CSCO) beat earnings but noted tightening margins. Walmart Inc (NYSE:WMT) is a highlight, however, after posting better-than-expected results driven by strong online sales.
Ahead of the open, futures on the Dow Jones Industrial Average were down 0.17%. S&P....More>>>
Hywind wind farm concept. Five turbines will be placed off the east coast of Scotland, near Peterhead. They will each be anchored with three suction anchors and linked together to send electricity to shore to power 22,000 households. Source: Statoil.
Seeking Alpha contributor Michael Fitzsimmons has summarized Statoil’s (NYSE:STO) Q2 results, which he suggests show that the company....More>>>
Black Knight Inc (NYSE:BKI) has been assigned a consensus rating of “Buy” from the twelve ratings firms that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have issued
New Relic (NYSE:NEWR) had its target price increased by BMO Capital Markets from $95.00 to $110.00 in a report published on Tuesday, Marketbeat reports. BMO Capital Markets currently has an outperform rating on the software maker’s stock.
Walmart's (NYSE:WMT) acquisition of Indian e-commerce giant Flipkart marks the American big-box retailer's entry into a lucrative market that's going to be worthat least $200 billion by 2026. Even then, online sales will account for just 12% of India's overall retail sales, according to Morgan St
January 2, 2018: Here are four stocks trading with heavy volume among 36 equities making new 52-week lows in Tuesday’s session. On the NYSE advancers led decliners by about 3 to 2 and on the Nasdaq, advancers and decliners by more than 2 to 1.