Almost exactly a year ago, Micron’s (NASDAQ:MU) CFO, Ernie Maddock, stood up at a Citi investor conference and pre-released earnings. I was there, and the roomful was surprised – at the number and at the new found transparency. Now Micron has just completed what will be another excellent 4th quarter, and I believe Ernie will do another pre-announcement at this week’s Citi conference....More>>>
Syngenta AG (SYT) CEO Erik Fyrwald said Wednesday that he was “entirely confident” the company’s $43 billion takeover by China National Chemical Corp. would close in the second quarter of this year and dismissed suggestions it would be disrupted by a third party.
Speaking with CNBC Europe television following the Swiss pesticides group’s full year earnings report,....More>>>
If you were born between 1946 and 1964, you’re a baby boomer. Though homebuying is often associated with young couples, plenty of baby boomers in their 50s and 60s are securing mortgages in order to buy homes — and even more of them are currently carrying mortgages. Here are nine facts about mortgages that every baby boomer should know.
Image source: Getty Images.
Oppenheimer analyst Chris Kotowski and team argue that banks like Bank of America (BAC), Citigroup (C) and Goldman Sachs (GS) will suffer a number of direct and indirect hits from Brexit–and lower their prices targets accordingly. They explain:
…while 2Q16 estimates should be little impacted by Brexit, it seems likely to us that the uncertainty....More>>>
Our Top Pick for 2017 for conservative or income-oriented investors is an investment management firm that focuses on alternative strategies, explains George Putnam, editor of The Turnaround Letter.
Oaktree Capital Group (OAK) is known for its contrarian approach with many of its products concentrating on distressed assets and turnaround situations.
The company is very....More>>>
Shares of Ocwen Financial (NYSE:OCN), a mortgage loan and origination servicing company, imploded and fell as much as 61% on Thursday, after the Consumer Financial Protection Bureau (CFPB) sued the company and questioned the foundation of its business practices. The stock closed down 54%.
According to allegations from the CFPB, Ocwen failed to execute....More>>>