If the US or the Eurozone entered a recession this year, a few macroeconomic variables would look very different relative to previous recessions.
1. The Yield curve would be very steep. Unlike in any previous recession when the yield curve was flat or inverted.
2. The real federal funds rate (or the ECB real repo rate) would be extremely low and would be at a level similar....More>>>
One of my favourite movies is “The Shawshank Redemption”. This 1994 classic literally grows on you every time you watch it. There is a pithy line that is used more than once in the movie – “Salvation lies within”.
It may or may not have been true for the characters in the movie, but it is certainly true for an investor. I....More>>>
Macy’s sounded an early warning for the retail industry Thursday in reporting results that signalanotherchallenging quarterfor department stores and mass merchandisersstrugglingto adapt to shopperswho increasingly browse and buy online.
Macys downward spiral continued,with profitsplunging as sales dwindled at the start of the year. The price of the beleaguered retailer’s stockfollowed....More>>>
Proto Labs(NYSE:PRLB)released strong first-quarter 2017 earnings before the market opened on Thursday. Year-over-year revenue increased 10.5%, and adjusted earnings per share jumped 16%.
CEO Vicki Holt, on the conference call,attributed the quick-turn manufacturing service provider’s solidrevenue growth to an improved economic environment, along with the success of its sales initiatives.....More>>>
Wall Street brokerages expect Intec Pharma Ltd (NASDAQ:NTEC) to post earnings per share of ($0.30) for the current quarter, according to Zacks Investment Research. Zero analysts have issued estimates for Intec Pharma’s earnings. The highest EPS estimate is ($0.24) and the lowest is ($0.36). Intec Pharma reported earnings of ($0.47) per share in the same quarter last year, which indicates a....More>>>
AT&T Inc. canceled an already-downsized initial public offering of South American pay-television unit Vrio Corp., a setback for the telecommunications giant’s efforts to cut debt.
The company said on Wednesday that it decided to withdraw plans for an IPO of Vrio due to market conditions. Earlier in the day, AT&T cut the number of shares being offered by nearly half, to 15 million.....More>>>
Investors love dividends. After all, dividends can account for almost half of total returns over the course of an investing life. And companies which raise dividends year after year are often sought out by investors. It might seem surprising on the surface after so many quarterly reports have been under pressure until recently, but some oil giants continue to maintain high dividends — and....More>>>
A piece of crypto-artwork sold for $1 million on Valentine’s Day.
The digital photo of a red rose sold to a group of 10 collectors who split the cost evenly in cryptocurrency. This is thought to be the highest price ever paid for virtual artwork.
The project, called the Forever Rose, was produced by artist Kevin Abosch and GIFTO, virtual gifting platform on blockchain —....More>>>
The major averages added to their Friday gains to start the new trading week. The Dow tacked on another 400 points. The S&P 500 finished higher by 1.4%. Even bitcoin is gaining ground…
But many investors arent convinced this bounce will stick. Theyre pulling their money out of the markets because theyre certain a bigger correction is just over the horizon.
To be fair, we....More>>>
FuelCell Energy (NASDAQ:FCEL) has made recent headlines because of its new Exxon (XOM) backed Carbon Capture Sequestration by fuel cells. Major upcoming catalysts include Tri-Generation at the ports, Storage, and maybe the tax bill. The long-term catalysts include Carbon Capture Sequester CCS, Tri-Generation and the military, and a possible Blockchain/FuelCell partnership.
In my last piece....More>>>
Investment expert Matt Badiali recently released a viral video called Freedom Checks that has many scratching their heads, wondering what these investments are exactly.
In the video, now viewed by millions of Americans, Matt says these freedom checks are not a government program like Social Security or Medicare, and theyre not a 401(k) or IRA or any similar type of retirement account.
Eagle Materials (NYSE:EXP) EVP James H. Graass sold 10,000 shares of the stock in a transaction dated Tuesday, May 15th. The stock was sold at an average price of $110.00, for a total transaction of $1,100,000.00. Following the transaction, the executive vice president now directly owns 61,715 shares in the company, valued at approximately $6,788,650. The sale was disclosed in a document filed with....More>>>
SAN FRANCISCO You think you had a bad week?Welcome to Uber’s terrible, horrible, no good, very bad week.
First, a little context. Last week was already one of the worst in the ride-hailing company’s history. It started on a Sunday when a former engineer, Susan Fowler, published an explosive blog post alleging sexual harassment and discrimination. Then Uber got blasted by its own....More>>>
Our Top Pick for income-oriented investors has only been public since 2011 but it is a name we believe to be a quality compounder for the long term, explains money manager Peter Mantas, editor of Logos LP Blog.
Huntington Ingalls Industries (HII) is the largest repairer and ship builder for the U.S. Navy and U.S. coast guard, giving the company a near monopoly on these....More>>>
WhenMeritage Homes Corp.(NYSE:MTH) Chairman and CEO Steve Hilton said the company was going to change its strategy and focus on lower-cost starter homes a few years ago, many industry followers probably thought it was a mistake. At the time — and to some extent this has continued — the most successful homebuilders were focusing upmarket on more high-end communities.