The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.5% in the group’s seasonally adjusted composite index for the week ending June 29. Mortgage loan rate movements were mixed last week.
Harley-Davidson (NYSE:HOG) has been adamant its motorcycles are worth the high price they charge, and it won’t cheapen the brand by discounting them like its rivals do. When you own half the market and your nearest competitor only just broke into the double-digit share range, you can afford to do that.
Yet maybe the dramatic 12% decline in first-quarter motorcycle sales has finally....More>>>
Amazon is slashing the price of its Prime Membership for lower-income Americans.
The online retail giant announced Wednesday morning that Medicaid recipients are eligible for Prime for $5.99 a month, a 54% discount from the normal rate of $12.99 a month. The lowered monthly rate is $27 cheaper than the $99 annual Prime membership fee.
To qualify for the discounted rate, customers....More>>>
The days of dominance for the largest rooftop solar companies appear to be coming to an end. With the TPO (third-party ownership) model starting to lose momentum, companies like SolarCity (NASDAQ:SCTY), Vivint Solar (NYSE:VSLR) and Sunrun (NASDAQ:RUN) will likely have an increasingly hard time moving forward. While these companies are starting to adapt to this new solar environment, they have little....More>>>
The question facing big bank stocks like JPMorgan Chase & Co. (NYSE:JPM) is similar to that facing the market as a whole. How much upside really is left after a rally that’s now over nine years long? The JPM stock price today sits 176% higher than it did at the beginning of 2010 — an average return of roughly 13% a year. JPMorgan stock has gained 74% just since the beginning of 2016.
BP Plc and ConocoPhillips are in discussions for an asset swap deal that would see the U.K. energy major gain a greater foothold in a key project in the North Sea and the U.S. explorer get Alaskan assets, according to people familiar with the talks.
BP is considering taking Conoco’s stake in the Clair field, in which BP already holds a 28.6 percent stake and is the operator, the people....More>>>
The Masters’ tagline has been “a tradition unlike any other” for years. The validity of this claim aside, the first major championship of the year at Augusta National Golf Club is unique to the rest of major sports and golf as a whole for the simple fact that it does not pursue the most money possible.
Augusta keeps many of its financial dealings under wraps, but the Masters....More>>>
Last Friday was a forgettable one for athletic footwear company Skechers USA Inc (NASDAQ:SKX). SKX stock fell roughly 30% after the company reported what the Street viewed as disappointing first quarter numbers.
But the report wasn’t that bad. Across the board, the numbers were very strong.
And there is still a lot to like about the global, mid-priced-market growth trajectory....More>>>
Bottom line: Tim Cook’s latest China trip and his announcement of a new R&D center in Shenzhen are part of a campaign to boost Apple’s (NASDAQ:AAPL) profile and should help to stabilize its sliding position in the market.
Apple CEO Tim Cook just can’t seem to get enough of China, with word that he’s back in the world’s largest smartphone market just two months....More>>>
In January, 2000, we initiated The Lucky 13 portfolio to assist subscribers in establishing a foundation for their investment portfolios, observes dividend expert Kelley Wright, editor of Investment Quality Trends.
For the fifteenth time in its seventeen-year history, The Lu
Wilkins Investment Counsel Inc. cut its stake in shares of Emerson Electric (NYSE:EMR) by 1.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 111,625 shares of the industrial products company’s stock after selli
Media stories about Conatus Pharmaceuticals (NASDAQ:CNAT) have trended somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scal
AMGN,AVEO,BGNE,BMY,CELG,Deals and Financings,FPRX,TCON,TRXC,VTVT,ZLAB,
Nanjing Legend Biotech received a $350 million upfront payment from Janssen Biotech, which will form a global partnership with Legend for its highly effective CAR-T candidate. In June, Legend, which was not previously well known, surprised the annual ASCO meeting with stunningly positive results
I have been digging through countless companies and their financial reports lately, and I believe that there are still value to be found here and there in the market even though it is getting increasingly more difficult to find worthy investments.