Investors sold shares of Newell Brands Inc (NYSE:NWL) on strength during trading on Tuesday. $18.02 million flowed into the stock on the tick-up and $72.22 million flowed out of the stock on the tick-down, for a money net flow of $54.20 million out of the stock. Of all equities tracked, Newell Br
General Electric (NYSE:GE) is one of the most outstanding dividend plays out there. Not only has the company paid out a dividend for more than 100 uninterrupted years, it has also grown that dividend in most years. GE’s current yield of 3% is considerably higher than the Dow Jones Industrial Average (INDX:INDU) average yield of 2.76%.
Anything that would threaten that dividend is, therefore,....More>>>
The major indexes rose to new highs this week as investorsignored the chaos in Washington and refused to let the market fall.
The S&P 500 rose 1.5% this week after advancing 0.2% to 2,351.16 today, while the Dow Jones Industrial Average gained 1.7% this week after ticking up 4.28 points to 20,624.05. The Nasdaq Composite climbed 1.8% this week after today.
There are a number of great companies in the market today. The ModernGraham valuation model selected some of the most undervalued Canadian companies. Each company has been determined to be suitable for the Defensive Investor or the Enterprising Investor according to the ModernGraham approach.
Defensive Investors are defined as investors who are not able or willing to do substantial research....More>>>
U.S. equities cooled their heels after Tuesday’s big push to new record highs — led by mega-cap tech stocks in the Nasdaq Composite — as President Trump unveiled his tax plan.
The disappointment was palpable on a lack of specifics after months of teasing from the White House. Stocks have gained trillions in market cap value in anticipation of Trump’s proposed pro-business....More>>>
Federal prosecutors are pursuing a potential settlement of their record-settingforeign corruption lawsuit that seeks$1 billion in assets, including future proceeds from the 2013 Hollywood hit movieThe Wolf of Wall Street.
Characterized by federal officials as the largest attempted seizure under anti-kleptocracy laws in U.S.history, the case targets officials who allegedly misappropriated....More>>>
San Francisco Mayor Ed Lee announced at a press conference yesterday that, starting next fall, community college will be tuition-free for all San Francisco residents through the City College of San Francisco.
As first reported by The San Francisco Chronicle, San Francisco would become the first city in the nation to make community college free to all city residents. Any....More>>>
The ECB just announced a further reduction in interest rates, extended its QE program by increasing the rate at which buys assets, beefed up the TLTRO program and extended its horizon. It all sounds like good news and many of these actions had been expected in the last meeting of 2015 and they did not happen. Markets reacted very positively on announcement but later, after the press conference,....More>>>
Related CIG Mid-Afternoon Market Update: CytomX Therapeutics Climbs Following Bristol-Myers Squibb Partnership; Medgenics Shares Slide Mid-Day Market Update: Nektar Surges After Positive Results From NKTR-181 Study; Cerulean Pharma Shares Drop Related PAM Mid-Morning Market Update: Markets Open Higher; Groupe Casino Offers To Buy Cnova ....More>>>
A federal judge on Tuesday approved the merger of AT&T (NYSE:T) and Time Warner (NYSE:TWX)after a six-week trial. While the decision will allow AT&T to move forward with its $85 billion acquisition, it will also have a much broader impact. The ruling opens the door for more massive corpor
Wall Street analysts expect WSFS Financial Co. (NASDAQ:WSFS) to announce $93.63 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for WSFS Financial’s earnings. The lowest sales estimate is $93.22 million and the highest