Schroder Investment Management Group cut its stake in Valmont Industries (NYSE:VMI) by 1.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 689,795 shares of the industrial products company’s stock a
It hardly seems possible, but life just got a lot more complicated in Washington, D.C. The U.S. Department of Justice still insists marijuana has zero medical benefits, yet the Food and Drug Administration just approved the first drug derived from a marijuana plant.
During the quarter, HHC adopted a new revenue recognition standard that significantly reduced GAAP revenue and earnings for the quarter, but had no impact on the company’s intrinsic value or cash flows. Up until this quarter, HHC recognized revenue for its condominium projects using percentage of completion accounting where units under contract....More>>>
Famed investor andBerkshire Hathaway(NYSE: BRK-A) (NYSE: BRK-B) CEO Warren Buffett is known for preferring value stocks and dividend stocks. He has seen success with both by investing in undervalued companies and by buying dividend-paying stocks that help fill his coffers, funding acquisitions and further stock purchases.
There is a clear overlap between the value stock and dividend stock....More>>>
Investors should be prepared for a summer of blah thanks to the looming mid-term elections.
Says the data crunchers over at Bank of America Merrill Lynch:
“The 3-month seasonal pattern during the mid-term year does not suggest a summer rally. May-July is the weakest 3-month period of the mid-term year and is up 46% of the time with an average return of -1.49%. Mid-term....More>>>
&l;p&g;&l;img class=&q;dam-image bloomberg size-large wp-image-41903517&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/41903517/960×0.jpg?fit=scale&q; data-height=&q;1390&q; data-width=&q;960&q;&g; A rainbow arcs over wind turbines at a wind farm in Scotland. Mike Wilkinson/Bloomberg
As the amount of renewable energy in global electricity networks continues to surge,....More>>>
&l;p&g;&l;img class=&q;dam-image getty size-large wp-image-951753282&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/951753282/960×0.jpg?fit=scale&q; data-height=&q;639&q; data-width=&q;960&q;&g; A worker installs solar panels atop a house in the Netherlands. (Photo by Yuriko Nakao/Getty Images)
&l;p class=&q;tweet_line&q;&g;More than half a million jobs around the world....More>>>
Chrysler unveils minivan for Millennials What do Millennials want from a car?
Chrysler unveiled its Portal concept car at the Consumer Electronics Show Tuesday, and it has a long list of features based on 20 years of research into exactly what Millennials want from a car, according to Fiat Chrysler.
Technology is at the center of it all, starting....More>>>
Our colleague Ben Morris has been keeping a close eye on gold. Back in April, he noted that gold was close to breaking out of a multiyear chart pattern that could send prices much higher. But it wasn't yet official, so Ben recommended being patient and waiting for confirmation before getting too bullish on gold and precious metals. That was good advice – gold reversed....More>>>
Last November, I compared Palo Alto Networks (NYSE:PANW) with FireEye (NASDAQ:FEYE) to see which one was the better play on the growing cybersecurity market. I concluded that FireEye was a slightly better pick than Palo Alto, due to its cost-cutting measures, lower valuation, and takeover potential.
Since that article was published, shares of Palo Alto have fallen 30%, while shares of FireEye....More>>>
As the stock market inches toward the end of the year, among the four car manufacturers that sell the most cars in the United States, there is one clear loser in the stock market. FordMotor Co. (NYSE: F) shares are down sharply, off 12%.
Wall Street has not been kind to the auto industry in general during 2016. While the S&P 500 is up 10%, General Motors Co.(NYSE: GM) stock is higher....More>>>
Hormel (NYSE:HRL), like a small group of other large companies, has a 25-year history of raising its dividend. Whenever one of these stocks trades in the low end of its 52-week range, I take a look at its financials. Hormel's are excellent. At its current levels, Hormel is attractive and should b
EVO Payments Inc (NASDAQ:EVOP) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $23.76 and last traded at $22.93, with a volume of 3028 shares changing hands. The stock had previously closed at $22.84.
Shares of O'Reilly Automotive Inc. (NASDAQ:ORLY), one of the largest retailers of aftermarket automotive parts, tools, and accessories, are popping 10% Thursday as of 12:17 p.m. EDT after announcing a strong first quarter and raising guidance.