On Friday, obscured by the dust kicked up by Amazon.com (NASDAQ:AMZN) after reporting it would be acquiring Whole Foods Market (NASDAQ:WFM), there was another curious (albeit much less interesting) acquisition made --discount retailer Wal-Mart Stores (NYSE:WMT) announced it would be purchasi
Perhaps the greatest collection of unopened collectibles in baseball card history was recently found in a 90-year-old aunt’s Tennessee attic. Her husband, the late uncle of the current seller, owned a confectionary company that made card sets based on
Last week, I examined mid-cap stocks and talked about why they’re a happy hunting ground for investors today. To summarize, investors have poured money back into U.S. stocks after the January swoon, as economic indicators are confirming that the U.S. economy remains on a growth path, with positive trends for employment and consumer spending, with low inflation and interest rates.
Shares of Fed Ex (FDX) are climbing in after-hours trading after the express shipper easily topped earnings forecasts.
FedEx reported an adjusted profit of $2.90 a share on sales of $14.7 billion, topping Street forecasts for $2.78 on revenues of $14.6 billion. Citigroup’s Christian Wetherbee and Prashant Rao write that the numbers were “likely better....More>>>
When Warren Buffett dissolved his investment partnership in 1969 to focus on Berkshire Hathaway, the company he had acquired a few years earlier, he recommended that his clients invest in the Sequoia Fund (SEQUX). It was great advicefor more than three decades, anyway.
See Also: 5 Good Places to Put Your Money During a Bear Market
When I recommended five low-risk funds to Kiplinger....More>>>
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>>>
Stifel’s Michael Scialla and Daniel Guffey warn investors not to chase the biggest gainers among the exploration & production stocks, including Denbury Resources (DNR) and Whiting Petroleum (WLL), and instead stick with more stable fare such as Anadarko Petroleum (APC), Rice Energy (RICE), and Continental Resources (CLR). They explain:
For small businesses all across the U.S., business conditions will get better this year, most noticeably in the second half, when the overall economy shifts into higher gear. The rate of improvement will vary, of course, depending on the type of small business, where its located and the customers that it serves.
Barclays’ Matthew Korn and team upped their targets prices on AK Steel (AKS) and US Steel (X) thanks to rising steel prices but contend they’re still expensive:
Steel prices are skyrocketing and should continue to rise near term, but we expect supplies to loosen and tags to soften over 2H: Even in hindsight its tough to look back to February and see how lower....More>>>
Wolfe Research’s Scott Group and team aren’t worried too much about FedEx’s (FDX) earnings, which are scheduled to be released next Wednesday. They are worried about 2017, however. In a note released yesterday, they explain why:
FedExwill report F3Q EPS on Wed. (3/16) and were lowering our EPS modestly to $2.27 vs. current Cons. of $2.35. We think....More>>>
Loading the player… What is ‘Internal Rate Of Return – IRR’
Internal rate of return (IRR) is a metric used in capital budgeting measuring the profitability of potential investments. Internal rate of return is a discount rate that makes the net present value (NPV) of all cash flows from a particular project equal....More>>>
Related GILD Gilead Gets European CHMP's Positive Opinion On Its Type II Variation Application For Truvada Here Are The 14 Stocks Morgan Stanley Wants You To Focus On During Q2 Earnings My Earnings Game Plan: July 25-27 (Seeking Alpha)
Speaking on Bloomberg Markets, Scott Bauer, a senior....More>>>
Whether youre traveling for business or for pleasure, youre probably spending a lot. So why not get a little extra something for yourself at no cost? Many hotel freebies can be found in plain sight in your room. Others you might have to ask for, but theyre there for the taking. A smile and a polite request can be all thats needed to enjoy them.
SEE ALSO: 64 Valuable Things You Can Get for....More>>>
Africa Oil Corporation (OTCMKTS: OTCPK:AOIFF) is a Canadian oil and gas company that operates out of Africa, with assets in Kenya and Ethiopia. The company is also listed on the Canadian stock exchange and believes it holds significant amounts of high potential acreage. As we will see throughout
Leadership is a funny word - you can be the best at something, but if that "something" isn't all that valuable, then it's hard to make real money from that leadership. That's my initial impression of Luxfer (NYSE:LXFR) as I do believe this company has a strong position in specialty metal and
For some investors, they’ve created small fortunes. For others, they’ve brought nothing but misery. For all investors, though, there’s no denying the fact that biotech stocks have kept things interesting if only because they can always supply a binary even traders can treat
Abraxas Petroleum (NASDAQ:AXAS) has expanded its Delaware Basin position with a $22.2 million acquisition. This appears to be a fair price given what Halcon Resources (NYSE:HK) is paying for its nearby acreage. As well, Halcon's results near Abraxas's Caprito 99-301H well indicates that the