The yield on the benchmark 10-year Treasury note started the week on a tear, jumping to 2.99 percent and toying with the key 3 percent level that could trigger a reaction across global financial markets.
Thor Industries (NYSE:THO) posted excellent results for FQ4 to cap off a strong year. Revenues increased 21.7%, beating estimates by a wide margin, and EPS of $1.57 came in ahead of estimates at $1.57. Net income from continuing operations increased 20.1% y/y. I have to admit I was surprised by the results. I expected that a weakening US economy would take its toll on the RV sector. In hindsight,....More>>>
Bethesda, MD, based Investment company Absolute Investment Management Llc buys iShares Core S&P 500, iShares Core U.S. Aggregate Bond, Schwab US Aggregate Bond, United Parcel Service Inc, United States Natural Gas Fund LP, iShares Russell Mid-Cap, iShares Core S&P Mid-Cap, iShares Core S&P Small-Cap, Snap Inc, Schwab U.S. Large-Cap, sells SPDR Select Sector Fund – Health Care,....More>>>
“How do you feel about good businesses in poor industries? Are there any industries that you just won’t even consider?”
No. In theory, I do not think there is any industry where I would not consider a good business worthy of investment just because it was part of that industry. But, this question is not that simple to answer.....More>>>
The second quarter of 2017 was a wild one for blockchain companies and investors, with nearly 60 initial coin offerings (ICOs) closed in the quarter for more than $750 million, and it looks like this is just the beginning. It s
The cruise industry has enjoyed significant growth in the past few years, aided by positive economic outlook in North America and Europe and increased penetration into the Asia Pacific markets. The three main industry players, Royal Caribbean Cruises (NYSE: RCL), Carnival
Amazon.com (NASDAQ:AMZN) has come a long way since its early days as an internet-based book seller, and it's still pushing into a wide array of new businesses. With the web giant emerging as a major force in content, and the popularity of video games at an all-time high, it shouldn't come as
Vermont Sen. Bernie Sanders, a vocal critic of President Donald Trump and his policies, said Friday that the decision by House Republican leaders to pull the legislation calling for the repeal of the Affordable Care Act, often referred to as ‘Obamacare,’ was a major victory.
“The defeat of
David Rockefeller (June 12, 1915 – March 20, 2017) was an American banker who was chairman and chief executive of Chase Manhattan Corporation. He was the oldest living member of the Rockefeller family and family patriarch since July 2004, the only surviving child of John D. Rockefeller, Jr. and Ab