What a silly stock market. There I was on Tuesday at 2:00 p.m. waiting for the Dow Jones Industrial Average to crash 1,700 points as Trump verbally ripped Iran to shreds (and pulled out of the Iran deal). The Dow instantly tanked 80 points one sentence into Trump’s latest global spectacle. But then the Blue Chip index rallied back as Trump continued to hit Iran, and actually finished the....More>>>
On Friday, small cap The Stars Group (NASDAQ: TSG), a leading provider of technology-based products and services in the global gaming and interactive entertainment industries,rose 10.60%after updating itspreviously announced guidance ranges for the full year 2017 and announcing the prepayment of an additional $75 million of second lien debt. Through its Stars Interactive division, The Stars Group....More>>>
Toward the end of trading Friday, the Dow traded down 0.20 percent to 20,938.43 while the NASDAQ declined 0.07 percent to 6,044.95. The S&P also fell, dropping 0.21 percent to 2,383.87.
Leading and Lagging Sectors
Friday afternoon, the non-cyclical consumer goods & services sector proved to be a source of strength for the market. Leading the sector was strength from Align....More>>>
Warren Buffett’s Berkshire Hathaway has rapidly grown its Apple investment. So what draws the Oracle of Omaha to this tech giant, a sector he has avoided for so many years?
Warren Buffett, the sage of Omaha, as he is lovingly called, had for long chosen to stay out of the world of multi-bagger tech stocks. However, the recent entry into Apple (NASDAQ:AAPL) has....More>>>
Value investing may not be dead after all. After a lousy 2015, in which mutual funds that focus on cheap U.S. stocks of all sizes shed an average of 4.7%, bargain hunters have rebounded impressively. Over the past year, the average value fund earned 10.9%.
See Also: 6 Value Stock Picks in a Pricey Market
Few funds have benefited more from the shift in investor sentiment than....More>>>
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., laughs while playing cards on the sidelines of the Berkshire Hathaway annual shareholders meeting in Omaha, Nebraska on Sunday, May 1, 2016. (Photo Credit: Daniel Acker/Bloomberg)
Warren Buffett made $12 billion in 2016 and reclaimed his position as the second richest person in the world.
How did he do....More>>>
Italian voters are expected to reject constitutional reforms in a referendum on Sunday, as worries grew that a no vote could spark a political crisis and a selloff in Italys stock market.
But instead of running for the hills, investors should stay grounded and snatch up any beaten-down Italian shares, says J.P. Morgans chief European equity strategist Mislav Matejka.
In some ways, gift cards are the equivalent of looking under the Christmas tree to find that your significant other got you socks. Sure, you need socks, some of us maybe even want them, but for the majority of gift-receivers, a gift-giver taking the lazy option often makes the actual gift less special.
That’s what happens when someone decides to give a gift card. It counts as a gift,....More>>>
United Continental (UAL) is todays high flyer in the Dow Jones Transportation Average, rising almost 3.5%.
MarketWatch reports that the U.S. air carrier revealed in a SEC filing late yesterday that to plans to buyback $1.5 billion in common stock during the first quarter of 2016. Thats roughly twice the size of the repurchase it initially planned.
Analysts at Wolfe Research had this....More>>>