March 23, 2018: Markets opened slightly higher Friday but the major indexes couldn’t hold onto their gains in the face of China’s first retaliatory shot in a trade war kicked off by Trump yesterday. China’s opening salvo did not hit soybeans or Boeing, two big and easy targets. The president signed the $1.3 trillion spending bill that will keep the government funded through September....More>>>
Wal-Mart (NYSE:WMT) has made a lot of efforts in pricing its goods attractively over the past months. This allowed for strong traffic growth, which resulted in positive comps for the company. Subsequently, Wal-Mart’s shares have been performing much better than those of its peers, which are reporting worse comp sales. Due to Wal-Mart’s power when it comes to discussing prices with its....More>>>
William Patalon III
Vuzix Corp. (Nasdaq: VUZI) – the “augmented reality” company whose shares more than doubled following our September 2015 recommendation – said that its new “smart glasses” were just honored with a “Wearable Device of the Year” award.
Vuzix made the announcement earlier today. We’re sharing this bit of news....More>>>
Oil futures set off on a positive start Monday as the first decline in U.S. oil-drilling activity since January gave the market a fresh tailwind after seven-consecutive sessions of price gains.
The drop in Baker Hughes weekly count, coming after a record 23-straight weeks of rising numbers of active rigs, helped stoke sentiment that shale producers may have hit a bottleneck amid prolonged....More>>>
Perhaps another nail in the coffin of Wells Fargo & Co. (NYSE: WFC) CEO John Stumpf. Bernie Sanders, former presidential candidate and United States Senator from Vermont wants to know if the federal agencies involved in the bank’s scandal have made referrals of material to the Justice Department.
Comments from the Sen Sanders website about a letter to Richard Cordray the director....More>>>
A few weeks ago, we published an article that characterized Gilead (GILD) as a “Value Trap.” That article was a follow-up to an earlier article which used our work on Gilead as an example of how a solid conceptual framework could help investors make better decisions. Both of these articles were based on a 16-page valuation report on Gilead we published to our members in September, 2016.
Howard Schultz, who helped turn Starbucks into an iconic global brand as well known for its activism as its coffee blends, will step down from the role of CEO in April.
Schultz will become the companys executive chairman, concentrating on ramping up Starbucks Reserve Roasteries, a new premium experience that the company is betting on to boost growth worldwide, as well as the companys well-known....More>>>
I’ve been a shareholder of Chesapeake Energy (NYSE:CHK) for a quite a few quarters now and the performance is nothing short of inadequate. Granted, the energy sector is challenged right now and there’s only a few bright spots worth investing in, but this name is clearly underperforming, down nearly 28% YTD. With continued losses and a pick up in volatility for crude oil on the back of....More>>>
US President Donald Trump signs an executive order as Vice President Mike Pence looks on at the White House in Washington, DC on January 20, 2017. (Photo credit: JIM WATSON/AFP/Getty Images)
President Donald Trump wasted no time in chipping away at the Patient Protection and Affordable Care Act (sometimes called “ACA” or “Obamacare”). Today, shortly after he was sworn....More>>>