It’s time to see if SeaWorld Entertainment (NYSE:SEAS) can earn a treat by performing a fancy trick above water. The struggling theme park operator has a media event slated for Thursday morning at its flagship SeaWorld Orlando park. Speculation centers around the unveiling of a new sea-rescue-themed attraction, but some brand bashers hope that SeaWorld will be taking additional steps to wean....More>>>
Chevron (NYSE:CVX) is a company I have had my eye on for quite some time.
I have already elaborated on the mistake I made as a naive young investor, having panicked and sold my shares in Chevron at a price of $70, having been overly convinced by the media doom sayers that the oil industry will never be the same again.
However, from a long-term financial standpoint, Chevron still remains....More>>>
(Photo by Spencer Platt/Getty Images)
On Monday morning, a long-time rivalry came to a fashionable close after Coach announced that it will acquire cool-girl brand Kate Spade. According to a press release on Kate Spade’s website, Coach’s cash offer of $18.50 per share, or $2.4 billion, represents a 27.5% percent premium to the unaffected closing price of Kate Spade’s shares....More>>>
BEIJING–China’s foreign-exchange reserves fell to the lowest level in nearly six years last month, testing the central bank’s resolve to control the weakening yuan’s descent to a pace it dictates.
The People’s Bank of China said Saturday that the world’s largest stockpile of foreign currency plunged by $41.08 billion in December to $3.011 trillion, the....More>>>
By Parke Shall
We honestly wouldn’t be surprised if we saw somebody come in and make a bid for Mylan (NASDAQ:MYL) at this stage in the game.
We have written several articles talking about why we think the company is significantly undervalued, and now that some of the gray skies have cleared from in front of the company and it has settled with the Department of Justice, we believe....More>>>
By Ben Reynolds
Bank of Nova Scotia (NYSE:BNS) is the third-largest Canadian bank ranked by market cap.
Bank of Nova Scotia’s market cap is $64 billion The Toronto-Dominion Bank’s market cap is $83 billion Royal Bank of Canada’s market cap is $94 billion
Bank of Nova Scotia’s financial metrics should immediately stand out for value-focused dividend....More>>>
Crude prices crumbled on Wednesday, closing more than 5% down to around $50 per barrel, after oil inventories jumped to a new record. Overall, crude stockpiles rose by 8.2 million barrels, according to the latest data from the U.S. Energy Information Administration, which was well above the analyst consensus for a 1.97 million-barrel increase. It was the ninth straight weekly....More>>>
Whirlpool CEO Jeff Fettig blamed the confidence-sapping U.S. election and the plunge in the value of the British pound for the companys disappointing third quarter earnings, and predicted that the appliance-makers woes would be short-lived.
Whirlpool shares fell as much as 13% on Tuesday after the company posted earnings per share of $3.66, versus expectations for....More>>>
In September 2016, privately held tech ‘unicorn’ Apttus (Private:APTUS) raised $88 million in late stage venture capital investment and its CEO has indicated a desire to IPO in 2017.
A ‘unicorn’ is a tech startup that has been valued at or more than $1 billion by private investors.
Founded in 2006 by CEO Kirk Krappe, Apttus has developed a suite of enterprise....More>>>
Micron Stock Has Strong Momentum
Micron (NSDQ:MU)stock has been on atear of late gaining more than 65% in the last six months compared to 12% gain in the NASDAQ in the same period.The bullish run in the stock price was triggered by aspate of goodnews, including improvingfundamentals and demand supply economics in DRAM and NAND segments. The recent run in the stock has changed....More>>>