After eight-straight losing sessions, the Dow Jones Industrial Average ($DJI) might draw support Friday from stronger overseas markets overnight. Without much data or earnings news on the calendar, the focus sits squarely on OPEC amid talk that a crude oil production increase might be in the card
Retirement is a milestone most of us will someday reach, because few people work until the end of their lives. But only around one-third of Americans are very confident they'll have enough money to live comfortably -- and some may actually be too confident, because we tend to overestimate how lo
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>>>
The title of this article may generate strong responses from some, who will reply: “never!” And indeed, if a value trap is defined as a stock that is not a value, then clearly a value trap is never a value. (There aren’t many rich dialetheists on Wall Street.) But let’s take a more nuanced view of a value trap and follow Investopedia.com in defining a value trap, which I....More>>>
Chinese banks in two cities are testing a custom-built digital currency developed by the Peoples Bank of China, according to information gleaned from local media reports and interviews with two individuals who are familiar with the central banks thinking.
The digital currency, known to the broader world as ChinaCoin, but officially referred to inside China as digital renminbi, or RMB, was....More>>>
Analysts’ rating on SNAP stock changes depending on whether the analysts’ firm was anunderwriter for Snap Inc IPO or not. Flickr
Snapchat IPO has grabbed theattention of most investors and traders for some time now, especially after making a stellar debut, gaining more than 44% on the first day of listing. Though the Snap Inc (NYSE:SNAP) stock has lost the crown of the most....More>>>
Investment company Independence Advisors, LLC buys CoStar Group Inc, Dollar General Corp, Raytheon Co, Broadridge Financial Solutions Inc, Procter & Gamble Co, American States Water Co, Proto Labs Inc, Bank of New York Mellon Corp, Facebook Inc, Snap-on Inc, sells Vanguard Value ETF – DNQ, Vanguard Growth ETF – DNQ, iShares Russell 1000 Growth, iShares MSCI EAFE, Vanguard Intermediate-Term....More>>>
Penn West Petroleum Ltd. (NYSE:PWE) has been to the financial cliff and back again. The achievements of the last two years are probably top 1% in many areas. There was a little trepidation as the latest announcement saw more changes in senior management. For many shareholders, those senior manage
Havven (CURRENCY:HAV) traded 9.4% lower against the dollar during the one day period ending at 8:00 AM Eastern on June 11th. Havven has a market cap of $29.29 million and approximately $969,776.00 worth of Havven was traded on exchanges in the last 24 hours. In the last seven days, Havven has tr
About a month ago, Tesla(NASDAQ:TSLA) CEO Elon Musk did investors a disservice when he dismissed very legitimate questions from sell-side Street analysts. Musk incorrectly thought that the analysts were trying to justify their short theses, which wasn't the case and later conceded that it was "fo
Despite a growing economy and the lowest U.S. unemployment rate in 16 years, things arent looking up for many Americans financial fragility is especially an issue for people with low incomes and for minorities, according to the new 2017 Prosperity Now Scorecard.
Shares of Parker Drilling (NYSE:PKD) were down 2.3% on Thursday . The stock traded as low as $0.41 and last traded at $0.42. Approximately 26,000 shares were traded during trading, a decline of 99% from the average daily volume of 2,172,783 shares. The stock had previously closed at $0.43.