Barrow Hanley Mewhinney & Strauss LLC increased its stake in shares of Pinnacle West Capital Co. (NYSE:PNW) by 38.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,514,179 shares of the utiliti
The greenback is on track to be the worst performing major currency this quarter, and it cant be blamed solely on the unwinding of the so-called Trump trade. Oil-price volatility also plays a key role, according to analysts.
Over the last three months, the U.S. dollar has given up nearly all of the gains seen in the wake of Donald Trumps Nov. 8 U.S. presidential election victory, which were....More>>>
Exxon Mobil Corporation (NYSE:XOM) stock holders are probably still shaking their heads in disbelief. Exxon Mobil stock barely moved despite what looked like a very strong first-quarter earnings report earlier this month. Chevron Corporation (NYSE:CVX) and BP plc (ADR) (NYSE:BP) completed the trifecta, with only ConocoPhillips (NYSE:COP) disappointing.
Its practically an article of faith that, just as investors need to have both large- and small-company stocks in their portfolios, they must own both domestic and foreign shares. A widely cited paper by economists Haim Levy and Marshall Sarnat made the case for overseas diversification 46 years ago by looking at the performance of markets from 1951 through 1967. But Europe and Japan were growing....More>>>
Patriot One is a Canadian-based technology company that has developed an advanced concealed weapons detection system that delivers real-time warnings to keep potential attackers at bay and to keep the general public safe and secure. “Using radar and machine-learning algorithms that interpret the signal that comes back, every metallic object they’re carrying will resonate with a very....More>>>
Following the Brexit referendum, pro-European Union political forces have meaningfully strengthened their positions. According to the Eurobarometer survey, trust in the European Union has increased to 36%, up from 33% seen in the spring 2016 survey. That being said, Brussels’ immigration policy is still one of the top issues for the European electorate. In fact, as per the Eurobarometer survey,....More>>>
Oil has been on a rollercoaster ride, making and stealing fortunes for and from speculators. Since mid-June, oil has plunged approximately 60%, which has been due to oversupply and slowing global economic growth, the latter of which leads to reduced demand. Earlier this year Feb. 11 to be exact oil hit a low of $26.05/barrel. Some economists and analysts feel as though the $30/barrel level can....More>>>
When Warren Buffett dissolved his investment partnership in 1969 to focus on Berkshire Hathaway, the company he had acquired a few years earlier, he recommended that his clients invest in the Sequoia Fund (SEQUX). It was great advicefor more than three decades, anyway.
See Also: 5 Good Places to Put Your Money During a Bear Market
When I recommended five low-risk funds to Kiplinger....More>>>
On Feb. 3, President Donald Trump signed an executive order that directed the Department of Labor (DOL) to do a cost-benefit analysis of the fiduciary rule, leaving both financial firms and retirees asking, “Will the fiduciary rule be delayed?”
Originally, the rule was supposed to go into effect on April 10 — just over a month away.
Brookfield Asset Management Inc. increased its position in Union Pacific Co. (NYSE:UNP) by 57.4% in the first quarter, Holdings Channel reports. The fund owned 27,970 shares of the railroad operator’s stock after purchasing an additional 10,200 shares during the period. Brookfield Asset M
Stocks opened lower on Monday on concerns about the trade spat with China, but recovered somewhat during the session. TheDow Jones Industrial Average (DJINDICES:^DJI)and theS&P 500 (SNPINDEX:^GSPC)both closed in negative territory, but near highs for the day.