The headlines have been buzzing these past few days over reports that global tech giant Apple (NASDAQ:AAPL) might be considering moving some of its iPhone production from China to the US. The original report comes from a respectable Japanese publication, and at least on the surface seems somewhat logical in light of Donald Trump’s surprise win in the US presidential election.
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On CNBC's Options Action, Mike Khouw....More>>>
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Despite its many criticisms, the Affordable Care Act has arguably been the closest thing to universal healthcare that Americans have ever seen. According to data from the Centers for Disease Control and Prevention, the uninsured rate in the U.S. fell from 16% in the quarter immediately preceding the implementation of the ACA, which is more affably known as Obamacare,....More>>>
Global investors reeled in their risk taking on Wednesday, with many stock markets across Asia drifting lower under the pressure of falling oil prices.
Equities in the region kicked off the week positively, but that momentum has flatlined as political uncertainty in Europe and the U.S. lingers.
The Nikkei Stock Average
&l;p&g;&l;img class=&q;dam-image getty size-large wp-image-948041586&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/948041586/960×0.jpg?fit=scale&q; data-height=&q;639&q; data-width=&q;960&q;&g; Get out of the Red – Minimize your taxes with the new king of small business retirement plans. SEP IRA versus Solo K (Photo by Carlos Alvarez/Getty Images)
For years, the....More>>>
KR Choksey has come out with its fourth quarter (Jan-March 18) earnings estimates for the Oil & Gas sector. The brokerage house expects HPCL to report net profit at Rs. 2,426.3 crore up 33.4% year-on-year (up 24.4% quarter-on-quarter).
Net Sales are expected to increase by 17.5 percent Y-o-Y (up 5.3 percent Q-o-Q) to Rs. 60,518.9 crore, according to KR Choksey.
CEO of Pbf Energy Inc (NYSE:PBF) Thomas J. Nimbley bought 50,000 shares of PBF on 05/30/2017 at an average price of $19.69 a share. The total cost of this purchase was $984,500.
PBF Energy Inc is a petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States. PBF Energy Inc has a market....More>>>
The recent disappointing performance of the world economy has been labelled as the “new mediocre” by Christine Lagarde,the “new reality” byOlivier Blanchard and the “new normal” by many others.
How mediocre is global growth? The answer to this question heavily depends on the way we measure world GDP. Aggregating national GDPs can be done in two ways: using....More>>>
Investors’ distaste for U.S. stocks has rarely been higher. To Wall Street’s biggest equity bull, it’s nothing to worry about.
Rather, it represents untapped buying power, says UBS equity strategist Keith Parker, whose year-end target for the S&P 500 Index to reach 3,150 is the highest among all strategists tracked by Bloomberg.
Outflows from funds that focus....More>>>
Wireless communications giant AT&T Inc. (NYSE:T) is set to report second-quarter fiscal 2017 earnings results after the closing bell Tuesday. And, T stockholders are looking for confirmation that AT&T deserves more time to deliver the value the company has promised from its numerous deals.
Source: Mike Mozart via Flickr
T stock closed Friday at $36.51 and has fallen more than....More>>>
Following the market opening Monday, the Dow traded down 0.03 percent to 24,456.80 while the NASDAQ declined 0.01 percent to 7,145.34. The S&P also rose, gaining 0.03 percent to 2,671.03.
Leading and Lagging Sectors
Monday morning, the utilities shares climbed 0.44 percent. Meanwhile, top gainers in the sector included Vectren Corporation (NYSE: VVC), up 6 percent, and Korea....More>>>
Bitcoin Cash is the hottest cryptocurrency around right now for more reasons than you may imagine.
The offshoot of the biggest digital token has surged about 25 percent since Friday, in part because Antpool, one of the largest mining groups, is “burning” a portion of the coins it receives in exchange for solving the complete mathematical puzzles that serve as the backbone of....More>>>
&l;p&g;&l;img class=&q;dam-image getty size-large wp-image-944641014&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/944641014/960×0.jpg?fit=scale&q; data-height=&q;640&q; data-width=&q;960&q;&g; Berlin, Germany – April 10: In this photo illustration a coin of the crypto currency Bitcoin stands on a hard disk on April 10, 2018 in Berlin, Germany. (Photo Illustration by....More>>>
Alphabet Inc. (NASDAQ: GOOGL) is scheduled to release its most recent quarterly results after the markets close on Monday. Thomson Reuters has consensus estimates calling for $9.35 in earnings per share (EPS) on $30.36 billion in revenue. The same period of last year reportedly had $7.73 in EPS on $24.75 billion in revenue.
Earlier this quarter, Alphabet made a huge step forward in terms....More>>>
Citigroup upgraded shares of Caterpillar to buy from neutral on Monday, saying the industrial giant will benefit from improvements in the Chinese construction sector.
“Recent outsized seasonal draws in China steel [inventories] point to improving construction sector activity,” analyst Timothy Thein wrote in a note. “Our commodities team believes a pick-up in China growth....More>>>