Investors sold shares of Newell Brands Inc (NYSE:NWL) on strength during trading on Tuesday. $18.02 million flowed into the stock on the tick-up and $72.22 million flowed out of the stock on the tick-down, for a money net flow of $54.20 million out of the stock. Of all equities tracked, Newell Br
A Wynn casino and hotel project set to open in Boston in 2019 has drawn the scrutiny of regulators following a Wall Street Journal story that detailed sexual misconduct allegations against founder and CEO Steve Wynn.
The Massachusetts Gaming Commission said it is reviewing a license it issued for a resort casino to Wynn Resorts.
“The Commission is now aware of and is taking....More>>>
After markets closed on Monday, Boeing Co. (NYSE: BA) announced that it will raise its dividend by 30% and renew its share repurchase program with a $14 billion authorization. The company also said it will cut production of its current model 777 from sevenper month to five beginning in August 2017.
While the dividend hike and share buyback are good news for investors, the production cut to....More>>>
General Electric Co. (NYSE: GE) had another tough week, but then, so did every other stock included in the Dow Jones industrial average. Every one of the 30 stocks posted a loss for the week, and the range of losses was from 2% to over 10%. GE stock lost about 4.5% last week, a smaller loss than 20 other Dow stocks, but not quite good enough to let the company shake its ranking as the worst performing....More>>>
Of all the basic tenets of modern financial theory, the Efficient Market Hypothesis (EMH) is one of the most controversial and disputed theories. For the uninitiated, the EMH posits that stock prices reflect all relevant price information, which means stocks always trade at fair value.
But if EMH were always true, investors would be wasting their time searching for undervalued stocks or stocks....More>>>
Penny stocks those stocks that trade for low prices, often with share prices of less than a dollar per share are dangerous. Period. Indeed, with a few exceptions, investors should steer clear of these uber-cheap stocks, which typically trade over-the-counter and not on a major exchange.
Call them penny stocks, microcaps or OTC stocks; by any name, theyre bad news. Promises of quick....More>>>
Apple Inc. stock is up 18% in the year-to-date. Bullish investor sentiment and a potential iPhone supercycle could lift AAPL stock even higher. Flickr
Cupertino, California-based Apple (NASDAQ:AAPL) has recently been in the news, mostly for the right reasons. Barring the chatter regarding its appeal against the European Union’s $14B tax charge, Apple is enjoying a lot of positive....More>>>
Cisco Systems, Inc. (NASDAQ: CSCO) reported fiscal third-quarter financial results after markets closed Wednesday. The networking giant said that it had $0.60 in earnings per share (EPS) and $11.9 billion in revenue, which compares with consensus estimates from Thomson Reuters that called for $0.58 in EPS and $11.9 billion in revenue. The same period from last year had $0.57 in EPS and $12.0 billion....More>>>
Eight men now control as much wealth as the world’s poorest 3.6 billion people, according to a new report from Oxfam International.
The men — Bill Gates, Warren Buffett, Carlos Slim, Jeff Bezos, Mark Zuckerberg, Amancio Ortega, Larry Ellison and Michael Bloomberg — are collectively worth $426 billion, the anti-poverty group said on Sunday.