Neuburgh Advisers LLC grew its stake in VMware (NYSE:VMW) by 86.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,584 shares of the virtualization software provider’s stoc
Brent Schutte is the chief investment strategist of Northwestern Mutual Wealth Management Company.
As another year draws to an end, it’s time to reflect upon the past and look toward the future. Many investors spend their time fixating solely on the recent past to inform their view about what’s yet to come. While historical analysis can be a helpful investing tool, eventually....More>>>
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Beazer Homes USA (NYSE:BZH) – Wedbush raised their FY2018 earnings per share (EPS) estimates for shares of Beazer Homes USA in a research note issued to investors on Thursday, May 3rd. Wedbush analyst J. Mccanless now forecasts that the construction company will post earnings per share of $2.07 for the year, up from their previous estimate of $1.75. Wedbush currently has a “Outperform”....More>>>
Shares ofClean Energy Fuels Corp.(NASDAQ:CLNE) surged as much as 22.7% today, before losing a little steam in afternoon trading. As of 12:20 p.m. EDT, shares were up 13.6% in very heavy trading. At this writing, more than 5 million shares have traded hands, about five times the average volume for the company’s stock.
EQT Midstream Partners (NYSE:EQM) had its target price trimmed by Wells Fargo from $79.00 to $69.00 in a research report report published on Monday morning. The firm currently has an outperform rating on the pipeline company’s stock.
Several other research firms have also recently weighed in on EQM. Credit Suisse Group initiated coverage on shares of EQT Midstream Partners in a report....More>>>
On Wednesday, stocks recovered following the worst day overall since October. The gains were led by the technology sector, which in many cases reversed following their worst day of the year on Tuesday.
However, despite the tech rebound, the blue chips lagged pulling the Dow Jones Industrial Average down less than 0.1%. Nike Inc (NYSE:NKE), a Dow component, fell 7.1%, pulled lower by a lackluster....More>>>
I’m 65 and my financial adviser is recommending I put some of my retirement savings into an immediate annuity. But the payment he quoted me seems low. How do I know if this is a good deal and how do I avoid investing when interest rates and annuity payments are at a low point?–D.B.
Getting an answer to the first part of your question is relatively easy. If you go to Immediateannuity.com’s....More>>>
No bank is more globally interconnected than Citigroup. Image source: iStock/Thinkstock.
It was about a century ago that Citigroup (NYSE:C) decided to chart a separate course from the rest of the bank industry. It continued to build its domestic operations, but shifted much of its focus to creating a vast network of banking offices around the world.
A strong early rebound in Asian equities cooled by midday, with large-cap Chinese stocks turning lower and gains crimped in markets such as Hong Kong.
There are concerns about the lack of liquidity in Chinas market, said Daniel So, a strategist at CMB International Securities in Hong Kong. The countrys central bank took no action in money markets for a 10th straight day Wednesday, but local....More>>>
Wall Street brokerages expect Stericycle (NASDAQ:SRCL) to report earnings of $1.13 per share for the current quarter, Zacks reports. Seven analysts have issued estimates for Stericycle’s earnings, with the highest EPS estimate coming in at $1.15 and the lowest estimate coming in at $1.09.
Some options traders are betting on $100 oil again.
Whether it’s the specter of sanctions on Iran, Venezuela’s output plunge, or a momentum play on the back of the past year’s 46 percent surge in Brent, there are now the equivalent of about 93 million barrels wagering