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.
White Mountains Insurance (NYSE:WTM) has a lot in common with Warren Buffett-led Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B). The company’s insurance-based businesses have fueled the company’s investment portfolio, to name the key similarity. However, there are some big differences investors should be aware of before adding White Mountains to their portfolios.
A Wynn casino and hotel project set to open in Boston in 2019 has drawn the scrutiny of regulators following a Wall Street Journal story that detailed sexual misconduct allegations against founder and CEO Steve Wynn.
The Massachusetts Gaming Commission said it is reviewing a license it issued for a resort casino to Wynn Resorts.
“The Commission is now aware of and is taking....More>>>
Mention the word uranium and most likely weapons of mass destruction come to mind. While you can make plenty of jokes about investment returns in the event of nuclear war, choosing to diversify your portfolio with uranium mining stocks is certainly worth a closer look.
Azincourt Uranium Inc. (OTCBB: AZURF) (TSX: AAZ.V) the Canadian based resource company specializing....More>>>
In Intel’s (NASDAQ:INTC) most recent quarter, the company reported some interesting results for its Data Center Group (DCG) business, which supplies processors and other components for use in applications such as cloud and enterprise servers and networking appliances, among others.
Intel’s 10-core Ivy Bridge server processor. Image source: Intel.
On Tuesday, voters in California, Maine, Massachusetts and Nevada passed measures to legalize recreational marijuana good news for more well known marijuana stocks like GW Pharmaceuticals PLC (NASDAQ: GWPH)and Zynerba Pharmaceuticals Inc (NASDAQ: ZYNE), Cannabis Science Inc (OTCMKTS: CBIS) and Medical Marijuana Inc (OTCMKTS: MJNA), but especially for small cap Lexaria Bioscience Corp (OTCQB: LXRP).....More>>>
It would be fair to say biotech has had an interesting time of it over the course of the past 15 months. Except, of course, that biotech always has an interesting time of it. The go big or go home sector of the market attracts speculators, scientists, and unsavory characters, but also attracts people hoping for critical improvements to their healthcare options.
What a silly stock market. There I was on Tuesday at 2:00 p.m. waiting for the Dow Jones Industrial Average to crash 1,700 points as Trump verbally ripped Iran to shreds (and pulled out of the Iran deal). The Dow instantly tanked 80 points one sentence into Trump’s latest global spectacle. But then the Blue Chip index rallied back as Trump continued to hit Iran, and actually finished the....More>>>
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>>>
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>>>
Want to provide a health benefit to workers and encourage employees to save at the same time? Offer a high-deductible health plan combined with a health-savings account; it accomplishes both goals and likely encourages retention, too.
This sounds like Im mixing apples and oranges, but hear me out.
Founders at startups often agonize over retirement plans for employees. Not everyone....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...
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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
The biopharma and drug supply chain sectors outperformed the market last week, even as Trump administration officials pressed the president's blueprint to lower drug prices, with tough rhetoric for drugmakers and public shaming of pharmaceutical firms for supposedly blocking competition.