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.
Immigration advocates won’t give up the so-called “startup visa” without a fight against the US government.
The National Venture Capital Association, a trade association, filed a motion this week requesting a Washington DC district court look into whether the government is disregarding applications for an Obama administration visa program for foreign entrepreneurs.
When Tesla (NASDAQ:TSLA) announced its electric semi, Elon Musk said that when driven autonomously, the cost per ton mile will be less than that of rail. Warren Buffett, whose Berkshire-Hathaway owns BNSF, has also said that autonomous trucks will be bad for his business. Is this the technology that kills railroad valuations? Let’s look at the numbers.
Our Long Idea reports aim to identify those firms that the market has overlooked and that, when analyzed beyond standard metrics, are significantly undervalued. These hidden gems provide excellent upside potential to any portfolio, with little downside risk.
In addition to individual Long Ideas, we provide Model Portfolios that provide well-screened lists of companies based on specific criteria....More>>>
China’s trash import ban is giving the global recycling industry an enormous headache. The flip side: the world has finally been forced to rethink its approach to waste.
Beijing has last year banned the imports of 24 varieties of solid waste, including types of plastic and unsorted paper. On Friday, it extended the ban to dozens more types of recyclable materials, including steel....More>>>
The $26 billion all-stock deal between Sprint (NYSE:S) and T-Mobile (NASDAQ:TMUS) puts T-Mobile firmly in charge — an idea that was untenable just six months ago. But with even greater scale and resources at its disposal, the new company is certain to shake up the wireless industry.
In this segment fromIndustry Focus, the cast dives into the deal terms for shareholders before offering....More>>>
From a logic-driven perspective, miner Freeport-McMoRan Inc (NYSE:FCX) should have done quite well last quarter. Copper has maintained its price after an impressive 2016/2017 rebound, and ditto for gold.
Yet, there it is — FCX stock tumbled to the tune of 15% Tuesday following the release of first-quarter numbers that fell short of earnings and revenue expectations.
Shares ofClean Energy Fuels Corp.(NASDAQ:CLNE) surged as much as 22.7% today, before losing a little steam in afternoon trading. As of 12:20 p.m. EDT, shares were up 13.6% in very heavy trading. At this writing, more than 5 million shares have traded hands, about five times the average volume for the company’s stock.
Tax reform has led to massive cash savings for corporate entities of all sizes. Those massive cash savings have fueled a red-hot M&A market, and an even hotter rumored M&A market. It seems every analyst keeps throwing their biggest and best M&A idea out there. Then, another acquisition happens, and more M&A rumors pop up.
Most recently, Media Tech Capital Partners’ Porter....More>>>
How to play the turnaround in the Brazilian economy
Investing in emerging markets always has a heightened amount of risk associated with it. However, large and mid-cap stocks can help mitigate the heightened amount of risk. This is why I believe that the iShares MSCI Brazil Index (EWZ) is the safest way to play the turnaround in the Brazilian economy. The MSCI Brazil 25/50 Index is designed....More>>>
In early August, I wrote an article recommending Mylan (MYL) instead of Teva Pharmaceutical Industries (TEVA) for those who would like to play the possible recovery in the generic drugs field. The price gap between the two was $12.32 (Mylan-Teva at $32.92-$20.60). Before yesterday’s strong rebound, the price gap widened to $16.59 (Mylan-Teva at $32.10-$15.51 – prices as of the market....More>>>
SOFIA, Bulgaria The European Union has called on U.S. President Donald Trump's administration to stop threating it with tariffs on steel and aluminum, saying Thursday it is prepared to discuss trade but not at gun-point.
In March, Trump slapped tariffs of 25% on steel imports and 10% on impo
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...
Editor's note: Seeking Alpha is proud to welcome Michael McGrath as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to the SA PRO archive. Click here to find out more 禄
If you're not familiar with how Social Security works, you might assume that there's a single age at which eligible recipients have to file for benefits. Not so. You actually get an eight-year window to claim benefits that begins at age 62 and carries through until age 70. (Technically, you're no