Groupon (GRPN ) made headlines Tuesday after (IBM ) announced a $167 million lawsuit for violation of four of its e-commerce IPs. The tech giant claims that while Amazon (AMZN ) , Facebook (FB ) , and Google (GOOGL ) each pay between $20 million and $50 million for use of these technologies,
24/7 Wall St. has put together a preview of a few major companies scheduled to report their quarterly results this coming week. The broad markets closed out last week with the Dow and S&P 500 holding near all-time highs. On the other hand, the Nasdaq fell behind and gave back some of its gains. A strong earnings showing from these stocks could help the markets reach even higher highs.
On Thursday, spot gold prices declined marginally by 0.24 percent to close at $1328.6 per ounce as the U.S. dollar pared losses on safe – haven buying from investors fearing a trade war between the United States and China. U.S. President Donald Trump initiated trade action against China, saying the U.S. deficit with Beijing was “out of....More>>>
Safestore Holdings Plc (LON:SAFE)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 554 ($7.43) and last traded at GBX 554 ($7.43), with a volume of 525524 shares. The stock had previously closed at GBX 554 ($7.43).
Several equities analysts recently issued reports on the company. Peel Hunt restated a “hold” rating....More>>>
It was an unusual research project… Not one in 1,000 investment advisors or newsletter writers would ever consider it. My research partner and I read every shareholder letter issued by companies in the S&P 500 Index. I got the idea from billionaire superinvestor Warren Buffett. Several years ago, Buffett talked about a one-page fax he got from the CEO of a potential....More>>>
“Mors tua, vita mea” (literally “your death is my life) probably was the motto that gladiators, in the ancient Rome, recited before entering in the Coliseum and fighting for their life. Over and above its literal translation, this Latin expression means that what is a damage for one person is often an advantage for another. There can only be one winner in a competition; that is....More>>>
I believe that Tuesday Morning (NASDAQ: TUES) is a potential turnaround situation with high upside and limited downside.
According to their 10k,
We are a true closeout retailer, selling high-quality products at prices below those found in boutique, specialty and department stores. Our customers come to us for an ever-changing, exceptional assortment....More>>>
&l;p&g;&l;img class=&q;dam-image getty size-large wp-image-493057015&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/493057015/960×0.jpg?fit=scale&q; data-height=&q;638&q; data-width=&q;960&q;&g; The holiday buying season is getting underway at the Maine Mall as stores are beginning to promote their Christmas discounts. The new Bon Ton store in the Maine Mall was the first to....More>>>
Market sentiment about Micron stock remains bullish. 123rf
Stockholders of Micron (NSDQ:MU)have had a great ride so far in 2016; shares of their company have more than doubled in value over the past 7 months alone. But the question that most investors are probably wondering about is: Has the stock topped out yet, or is there still more room for stock appreciation? Well, lets try to....More>>>
All main U.S. stock indexes closed higher on Tuesday, with the Dow finishing at its 47th record for 2017, as optimism appeared to grow ahead of the start of the earnings season, which will provide concrete insight into the state of U.S. corporations.
June 5, 2017: Markets opened lower Monday following a report that several Middle East oil producing nations have cut ties with Qatar due to that country’s support for terrorism. The energy sector ended up being the best performer for the day, but that was not enough to offset poor performers like the utilities and materials sectors. WTI crude oil for July delivery settled at $47.40 a barrel,....More>>>
I love to be invested in long-term trends that are certain to happen in the next five or 10 years. I strongly believe the market is myopic and therefore those who don't focus on the new tax bill or the next two quarters can reap extraordinary returns with little risk.
Quadrature Capital Ltd bought a new stake in shares of Immersion Co. (NASDAQ:IMMR) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 21,114 shares of the software maker’s stock, valued at appro
The best investments are those where, opposite to popular opinion, one does not have to be the smartest person in the room. The best investments are ones where the odds of success are so far tilted to ones favor that even if so much can be wrong in one thesis, you still end up d