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.
More and more, I have seen retailers falling into the trap of using markdowns as a pricing strategy. This strategy was on full display over the 2016 holiday season. “Median discounts across top retailers during Thanksgiving weekend increased by 5 percentage points to 16 percentage points over 2015,” according to Boomerang Commerce, a provider of retail pricing technology.
Its been said of biotech that its the wild west of the investment world. There may be gold in the hills but you better have a good map and a keen eye to find it. One such company that is shimmering of late is Ventripoint Diagnostics (OTC: VPTDF), the Toronto, Ontario based developer of medical devices. With its new cardiac imaging device, the VMS Plus , Ventripoint is changing the way....More>>>
So much for the 70 million iPhones analysts think Apple Inc. (NASDAQ: AAPL) will buy between now and year end. At least that is the conclusion which can be drawn from a recent tweet from Survey Monkey:
How likely are consumers to buy #iPhone7? Only 5% say they’re extremely likely #mondaymotivation #mobilemonday #tech svy.mk/2cL40Cr
Apple’s share price has soared based on....More>>>
Celgene (CELG) is back to 2014 levels, closing Friday at $96.14. It first reached this price in August 2014. Yet I just want to sit with it. Even with CELG down to safer valuations, among non-dividend-paying biotechs, I currently prefer Regeneron (REGN) at $333 and Vertex (VRTX) at $161. These companies mostly do internal product development rather than lots of M&A activity....More>>>
On Monday, our Elite Opportunity Pronewsletter once again suggested small cap communications and networking stock Sierra Wireless, Inc (NASDAQ: SWIR) as a long idea in part due to its Internet of Things (IoT) and wireless machine-to-machine (M2M) devices solutions:
The bottom line is when it comes to M2M, as it relates to IoT, along with robotics, which Google has now become a clear leader....More>>>
Related GDX Technical Alert: Gold Futures Higher Technical Alert: Gold Futures Three Day Winning Streak In Jeopardy GDX: Institutions Were Buying On Friday (Seeking Alpha)
Related GDXJ Gold's Selloff Accelerates, But Still One Of 2016's Best Performers David Bartosiak's Market Vectors Junior....More>>>
Trivago NV – ADR (NASDAQ: TRVG) shares dipped 24.8 percent to $11.23 after the company lowered its guidance. At Home Group Inc (NYSE: HOME) dropped 11.4 percent to $22.70. At Home Group reported Q2 adjusted earnings of $0.18 per share on revenue of $232.1 million. Pulmatrix Inc (NASDAQ: PULM) declined 8.1 percent to $2.27 after gaining 33.51 percent on Tuesday. Vectura Group reported....More>>>
Are Berkshire Hathaways best days behind it? Warren Buffett seems to think so. In an essay to mark the firms 50th anniversary, the Oracle of Omaha wrote in 2015 that Berkshire Hathaways future long-term gains will not come close to those achieved in the past 50 years. (The words in italics are reproduced exactly as they appeared.) The numbers have become too big, Buffett goes on to say about....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