Sometimes the market gets fairly excited about a perceived significant event causing a lot of would-be investors to jump into an investment without properly weighing all the potential risks and outcomes. Cobas Asset Management invested in Teekay Corporation (TK) to the tune of about 4 million sha
In the world of personal and business financial planning, it’s hard to go very long without discussing rate of return. For decades, brokers and advisors have used it as the primary selling point for many people to buy investments. In many cases, return on investment is the primary measure o
Activist investor Paul Singer and his Elliott Management is waging part II of its battle at Arconic (NYSE:ARNC) – the specialized engineering aluminum company that spun off from Alcoa (NYSE:AA) last year. ARNC CEO Klaus Kleinfeld recently likened Paul Singer to The Godfather’s Michael Corleone.
Elliott owns over 12% of ARNC, choosing to stick with the company even after the breakup,....More>>>
Retail drugstore stock Walgreens Boots Alliance Inc (NASDAQ: WBA) reportedQ3 earnings along with this update about the pending merger with Rite Aid Corporation (NYSE: RAD):
Walgreens Boots Alliance also announced today a new definitive agreement with Rite Aid Corporation under which Walgreens Boots Alliance will purchase 2,186 stores, three distribution centers and related inventory....More>>>
Chinese Internet stocks are soaring… Tencent Holdings (TCEHY), China's leading tech company, is up 44% in 2017. JD.com (JD), China's Amazon, is up 64%. And social-media firm Momo (MOMO) is up 114%. It has been a spectacular year. But according to China's leading Internet analyst, the move isn't over yet. In fact, her message at our True Wealth China Opportunities....More>>>
I (Porter) know a headline like that will leave me with only about five people still reading. So let me try again… The next 18 months will likely see: a terrible bear market… a substantial economic recession… and a great opportunity for you to buy high-quality businesses at reasonable prices – but only if you raise cash now. Don't believe me? Let me explain…....More>>>
Just when it looked like Energy Transfer Partners LP (NYSE:ETP) — along with its partial-parent/operator Energy Transfer Equity LP (NYSE:ETE) — were finally going to make their way out of a legal swamp, they slipped back in.
The latest chapter in what’s become an agonizingly long saga for ETE shareholders and for owners of ETP stock....More>>>
February 27, 2017: Markets opened lower Monday but picked up steam shortly after the bell and rose fairly steadily throughout the day. Energy and real estate were the leading gainers while telecom and consumer staples were the laggards. WTI crude oil for April delivery settled at $54.05 a barrel, up 6 cents on the day. April gold added 50 cents on the day to settle at $1,258.80. Equities were headed....More>>>
In the discussion that followed my recent analysis of EOG Resources (NYSE:EOG), two interesting questions were raised. First, how realistic is EOG’s “premium location” paradigm, or whether the economics of the wells actually being drilled are close to the marketing ideal. Second, whether EOG’s best wells were in the Permian or in Eagle Ford. In this article, I will attempt....More>>>
So far this year, tech stocks have been the most stellar performers. The Nasdaq Composite has gained 14%, besting both the S&P 500 Index and Dow Jones Industrial Average. And that number comes despite a recent reversal: The Nasdaq hit an all-time high last Friday, then posted its biggest drop since February.
I read your article about contributing to an IRA after age 70陆. I know I cant contribute to a traditional IRA at that age, but can I still roll over money from a traditional IRA to a Roth? Do I need to have earned income?
See Also: 10 Things You Must Know About Roth Accounts
There’s no age limit or income requirement to be able to convert a traditional IRA to a Roth. You must....More>>>
JPMorgan’s Matthew Boss and team explain why they added Nike (NKE) to their focus list but removedLululemon Athletica(LULU):
With the brunt of 4Q EPS now in the rear mirror we thought value-add to lay out our updated thoughts and setups into key upcoming catalysts across our Dept Stores/Specialty Softlines space the next two weeks. Stock Specific: (1) Nike: our recent....More>>>
Dividend cover for UK’s largest listed companies, a measure of how sustainable dividends are and is calculated by dividing profit after tax by the dividends paid out to shareholders, stands at its lowest level since 2009, according to new research conducted by online stockbroker The Share Centre. For those investors seeking income the findings and trend may well be of concern.
The Q4 2016earnings report for small cap Tex Mex or Mexican restaurant stock El Pollo LoCo Holdings Inc (NASDAQ: LOCO) is scheduled for after the market closes onThursday (March 9th). Last time around, the Company missed analyst estimates across the board and cut its guidance for the full year.
A technical chart for El Pollo LoCo Holdings shows two converging trend lines:
Walmart has a reputation for paying barely above the minimum wage to its hundreds of thousands low-skill floor employees.
But it pays a lot of money to attract and retain talent for its eCommerce division, where salaries for staff software development engineers can average as high as $151,666 a year, according to a recent Glassdoor survey.
I (Porter) know a headline like that will leave me with only about five people still reading. So let me try again... The next 18 months will likely see: a terrible bear market... a substantial economic recession... and a great opportunity for you to buy high-quality businesses at reasonable p
MKS Instruments (MKSI) is a very interesting business which has made a great deal over the past year as it perfectly timed the acquisition of Newport, while the integration is ahead of schedule and brings larger financial benefits than has been anticipated. While shares have seen a +20% correctio