Stocks posted their best week since 2015 as investors looked past Brexit and bought stocks hand over fist.
Jason DeCrow/Associated Press
The S&P 500 gained 3.2% to2,102.95 this week after gaining 0.2% today, while the Dow Jones Industrial Average rose 3.2% to 17,949.37 this week after advancing 19.38 points, or 0.1%, today. The Nasdaq Composite climbed 3.3% to4,862.57 this....more>>>
Apple Inc. (NSDQ:AAPL)hasn’t been having its own way recently. A few months ago, the company wasordered to return $13 billion in back taxes in Europe plus now it has todeal with a new US president in Donald Trumpwho clearly has reservationson how Apple runs its business affairs. Recently though, the Irish government announced that it would be appealing the European Commission’s decision....more>>>
Related AMZN Here's All The Sell-Side Reaction To Hewlett Packard Enterprise's Q4 Earnings Analyst: Hewlett Packard Enterprise Has 'Zero Chance Of Remaining Relevant' Thanksgiving Online Sales Growth Strong; Target Touts Apple Gear (Investor’s Business Daily) Related CVX Trump's Saudi....more>>>
CBS (CBS) is up 34.5% in 2016, but JPMorgan thinks the stock can keep going strong next year.
Analyst Alexia Quadrani reiterated an Overweight rating and $69 price target on the stock Wednesday, writing that CBSs streamlined assets and savvy management means that it should easily pass $4 in EPS this year, a target that many questioned at the start of 2016.
The Q3 2017 earnings report for small cap grocery store stock SUPERVALU Inc (NYSE: SVU) is scheduled for before the market opens on Wednesday (January 11th). A few years ago, SUPERVALU was struggling as the most shorted grocery stock on the market; but just before the last earnings report, the Company announced that it has entered into a definitive agreement whereby an affiliate of ONEX Corporation....more>>>
According to Technavio, global digital marketing spending is estimated to grow 9% annually over the next four years. Adobe (NASDAQ:ADBE) is counting on this growth trend as it continues to expand its digital footprint in the market.
Adobe’s fourth quarter revenues grew 23% over the year to $1.61 billion, ahead of the market’s projections of $1.589....more>>>
As the competition in the payments industry heats up with new technologies and competing platforms, companies in this sector must use laser-like focus to develop products that customers want and will use. In the payments industry, this usually means one of two things:
1) Ensuring all transactions are secure and safe; and
2) Removing friction from the payments process so that....more>>>
Tuesday was another down day for the Dow Jones Industrials, which fell more than 100 points to drop further below the 20,000 level. But broader market measures were mixed, and the Nasdaq Composite even managed to gain ground. Continued uncertainty about the impact of new policies from the U.S. federal government have kept markets a bit turbulent, and the beginning of a two-day meeting of the Federal....more>>>
Obamacare is not in a death spiral. In fact, insurers’ prospects in the individual market are looking brighter, according to a new S&P Global Ratings analysis.
Insurers have started closing the kind of eye-popping losses that prompted them to hike premiums for the Obamacare benchmark plans an average of 25% for 2017. S&P expects rate requests for 2018 will be “well....more>>>
When it comes to stocks, bigger is not always better.
Sometimes name recognition works against a company, in that some investors happily buy shares in companies they’ve heard of. That’s the stock market equivalent of when novice horse racing fans bet aggressively on a contender based solely on the horse’s name. You don’t want your investment thesis to be the....more>>>
Next year looks to be an exciting one for travel. With new countries beefing up their industries (hello, Croatia!) and Americans brushing up on their Canadian trivia, the landscape is evolving quickly for tourists of every stripe.
With that in mind, the folks over at Euromonitor have put together their list of predictions for....more>>>
ConocoPhillips (NYSE:COP) is the world’s largest independent oil and gas exploration company. Like its competitors, the company has been deeply hurt by the recent downturn in oil prices that started in 2014. In response to the downturn, ConocoPhillips has aggressively cut into its cost structure in order to target a $45 breakeven cost where its operating cash flow....more>>>
There hasn’t been much of a post-holiday afterglow for retail stocks to start 2017, and any shred of lingering optimism was snuffed out Thursday morning.
Led by steep declines from Kohl’s and Macy’s, retail stocks dominated the worst performers in the S&P 500 in morning trading, plunging much further than the broader average’s 0.3% dip. The worst offenders....more>>>