The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.5% in the group’s seasonally adjusted composite index for the week ending June 29. Mortgage loan rate movements were mixed last week.
Falling prices and a drop in Chinese investment are on track to reduce year-over-year spending on new solar energy projects, according to Bloomberg NEF (BNEF). In the first six months of 2018, solar investment has dropped by 19% compared to the first half of 2017, and BNEF expects the downward trend to gather momentum in the second half of the year.
In the first half of this year, investment....More>>>
As some readers may have noticed, this year I started running a conservative portfolio “Conservative PA”. This is in addition and supplemental to the two contrarian (“High Octane”) and value based (“Buy and Hold” other portfolios that I manage. The principle objective is to grow the principal in a conservative and risk adjusted manner (trying to hit a lot of singles).....More>>>
For years, Toys “R” Us was an American success story.
Now the discount toy retailer is in its final chapter. The company filed for bankruptcy in September. On Wednesday, Toys “R” Us told employees that it would close or sell all its stores in the United States.
It’s an ignominious end for the company that was once the toy industry’s powerhouse.....More>>>
Barrick Gold (NYSE:ABX) has lowered its cash costs to such an extent that even a dip in gold prices will allow the company to enhance its bottom line performance on account of its low cost structure. In fact, even though the outlook for gold prices has weakened of late, analysts still expect Barrick Gold to report strong earnings growth both next year and in the long run.
This article is reprinted by permission from NextAvenue.org.
A new study out of the Cleveland Clinic found that obesity robs us of more years of our lives than any other preventable health issue. That means that of all the top lifestyle-related killers that are in our power to modify or treat including smoking, high blood pressure and high cholesterol obesity shortens life the most.
&l;p&g;Most of us have had to try to confront some awkward issues with aging parents. It might be getting them to talk about the need for help at home. It could be about giving up those car keys. Hardest of all, perhaps, is the subject of end of life and advance healthcare planning. Estate planners have documents for that, but no one in healthcare is going to understand them unless families or loved....More>>>
February 27, 2017: Markets opened lower Monday but picked up steam shortly after the bell and rose fairly steadily throughout the day. Energy and real estate were the leading gainers while telecom and consumer staples were the laggards. WTI crude oil for April delivery settled at $54.05 a barrel, up 6 cents on the day. April gold added 50 cents on the day to settle at $1,258.80. Equities were headed....More>>>
Is it possible to begin with nothing and acquire wealth in America? Is it still possible today? I've been studying that question for almost 20 years. And the answer is unequivocal: It is. It is still possible for ordinary, wage-earning Americans to become wealthy. From my research, I have seen that there are basically three ways to get rich: 1. Slowly (in....More>>>
U.S. stocks are only a few points away from new all-time highs… But not every part of the U.S. market has been thriving. Health care stocks recently fell 12% from their August highs to their pre-election lows… hitting an eight-month low in the process. Have they bottomed? Is it time to buy? Or is this the beginning of a major downtrend? Let's take a closer look....More>>>
In late July, I published Volaris: Entering Bumpier Airspace. Since then, shares of Mexican discount carrier Volaris Aviation (NYSE:VLRS) are down 22%, falling from $19 to $14.80. It's time to take profits on that short position, if still involved, and consider switching to the bullish side of th
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Welcome to another edition of "3 Things In Biotech You Should Learn Today," a daily
Fossil Group Inc (NASDAQ:FOSL) has received an average rating of “Hold” from the ten analysts that are currently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation, two have
Douglass Winthrop Advisors LLC purchased a new stake in shares of AMETEK, Inc. (NYSE:AME) during the 1st quarter, Holdings Channel reports. The institutional investor purchased 3,125 shares of the technology company’s stock, valued at approximately $237,000.
The Macy’s (NYSE: M) Thanksgiving Day Parade dates back to 1924. It is a major PR event for the troubled department store and companies that have balloons showcasing their products. Not only do these parade past tens of thousands of people onNew York City’s West Side, the event is tel