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.
Since Donald Trump was elected to the office of President of the United States of America, Alibaba’s (NYSE:BABA) stock has been nothing but down, big. 20% in fact, and that was despite the fact that Alibaba blew away analyst estimates on both the top and bottom line just prior to the election.
It is easy to point out why the stock has been doing so poorly lately, fear of China. Alibaba....More>>>
If there is one Billion-Dollar Unicorn that has never been in a rush to go public, it is AirBnB (Private:AIRB). The 10-year old company has taken to heart Warren Buffett’s mantra of “get rich slow.” After carefully planning its financial and operating model, AirBnB believes that it will be ready to go public this year.
Fortune Brands Home & Security, Inc. (FBHS) seems to be a slightly undervalued player in the home improvement segment that has astutely chosen to work with market leaders Home Depot (HD) and Lowes (LOW) instead of compete with them head-on. Market conditions being favorable to the giants in the segment, that effect is expected to cascade down to Fortunes product lines as well. Valuation analyses....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>>>
General Electric Company (NYSE:GE) has missed earnings estimate only once in last 26 quarters. Flickr
Boston, Massachusetts-based industrial giant General Electric Company(NYSE:GE) is scheduled to report its first-quarter 2017 earnings on Friday, 21st Aprilbefore the market opens. GE has had a rough 2016 with revenues and margins coming under pressure. While GE certainly did not earn....More>>>
Portfolio Grader currently ranks Wells Fargo & Co (NYSE:WFC) a Sell. The methodology for investing incorporated in this analytical tool developed by Louis Navellier researches and ranks nearly 5,000 stocks each week from a fundamental and quantitative perspective. The shares have been downgraded from a Hold to a Sell in the last week.
WFC is a member of the 344 company Banks GICS industry....More>>>
Surviving the onslaught of Amazon.com Inc (NASDAQ: AMZN), yet alone thriving under its thumb, requires brick-and-mortar retailers to have one or more of the following characteristics: products that consumers do not purchase online, strong brand loyalty and in-store expertise that Amazon can’t provide in its online environment. And the following five companies are all Amazon-proof stocks.
Related Watch These 8 Huge Call Purchases In Thursday Trade Benzinga's Option Alert Recap From July 26 Blue Chips, Tech Stocks Advance With Verizon, Facebook Pushing The Pace (Investor’s Business Daily) Related INTC Regulators Eyeing Amazon's Whole Foods Acquisition Cryptocurrency....More>>>
Chinese search giantBaidu(NASDAQ:BIDU) went public in 2005. After stumbling out of the IPO gate, it experienced the type of run-up that can create dynastic wealth for patient investors. Between early 2006 and mid-2011, shares of the company advanced 3,000%. In other words, in just five years, you
Getting back to basics is a good look for Baidu's (NASDAQ:BIDU) financial statements. China's leading search engine came through with its best top-line growth since 2015 for this year's first quarter. Revenue topped the high end of its earlier guidance -- as it did last time out -- with earnings
Recently, Mary Meeker of venture capital firm Kleiner, Perkins, Caulfield & Byers released her 2018 internet trends report.While there were several stars of this year's report, the biggest may have been China, which is now home to nine of the top 20 internet companies in the world, up from
Shares of Baidu(NASDAQ:BIDU)were hitting all-time highs last week, but after they tumbled 15% over the past three trading days, it's easy to wonder if they will be revisiting Wednesday's high-water mark anytime soon. China's leading search engine has seen its stock come under pressure after its