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
Today, Hippo Insurance, a company providing smart home insurance for modern households, officially launched in California. The Mountain View, California-based company is taking a fresh approach to home insurance, which it says has seen little change in half a century. Home insurance isn’t easy to buy online, but Hippo hopes to change that with online home insurance that offers more....More>>>
There is one easy way for the U.S. to resolve a growing trade deficitand perhaps a brewing tariff conflictwith China that is at the heart of a clash between the worlds biggest superpowers over import duties.
Goldman Sachs analysts led by Chief Econonomist Jan Hatzius said a recession, or weakened domestic growth, may be one quick method by which to slash the U.S.s trade deficit, accounting....More>>>
La Jolla Pharmaceutical (LJPC) recently announced that it had entered into a financing deal that would help it with the launch of its drug Giapreza. This not only helps the biotech with the commercial launch of the drug, but it also provides cash to fund other products in the pipeline like LJPC-401. That’s why I believe it is a good buy after this funding announcement.
&l;p dir=&q;ltr&q;&g;&l;span&g;Change is abundant in the financial market. New technologies and transformations in the way that consumers think about finances are evolving at a rapid pace. Your financial firm needs to get onboard with these new ways of doing business to ensure you retain your customer base and keep visibility in the marketplace.&l;/span&g;&l;/p&g;
The first major high-tech Silicon Valley firm was founded in Palo Alto in 1939 by William Hewlett and David Packard, notes Harry Domash, editor of Dividend Detective.
Their company split into two separate firms in November 2015. HP Inc. (HPQ) retained the slow growth computer and printer businesses, while Hewlett Packard Enterprise Company (HPE), took over the sexy networking, security....More>>>
Wednesday was a strong day for the stock market, as the Dow finished up nearly 100 points and the S&P 500 and Nasdaq both posted gains as well. Investors remained generally upbeat about the prospects for the U.S. economy in 2017, and a rise in crude oil prices helped lift the energy sector higher during the market session. Yet comments during a press conference from President-elect Donald Trump....More>>>
In this low interest rate environment, dividends are still looking great. After all, the S&P 500 currently yields about 2%, and that is a heck of a lot better than you can get through most savings accounts.
On top of this, dividends do two important things:
First, a generous dividend payment often lowers a stock’s volatility. I’d much rather own a stock that’s....More>>>
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.
We all are learning, modifying, or destroying ideas all the time. Rapid destruction of your ideas when the time is right is one of the most valuable qualities you can acquire. You must force yourself to consider arguments on the other side. - Charlie Munger