Those were the words spoken by Walgreens Boots Alliance (NASDAQ:WBA) CEO Stefano Pessina when asked about Amazon.com's (NASDAQ:AMZN) acquisition of online pharmacy PillPack during Walgreens' Q3 earnings call Thursday morning. While Pessina was speaking, t
Numis Securities upgraded shares of Thomas Cook Group (LON:TCG) to a buy rating in a report issued on Wednesday. The firm currently has GBX 154 ($2.04) price objective on the travel company’s stock, down from their previous price objective of GBX 159 ($2.10).
U.S. small-caps have rebounded nicely off their February lows, but the benchmark Russell 2000 Index is still saddled with a modest year-to-date loss. Exchange-traded funds investors have the benefit of choosing from myriad small-cap funds, some of which have been solid performers this year.
One of the residents of the solid small-cap ETF group is the unheralded WisdomTree Global SmallCap....More>>>
Related SPY EIU: Trump Presidency Would Be A Global Threat, Same Risk Level To Economy As Jihadi Terrorism S&P 500 Index Futures Trading Higher In Volatile Session Does Sector Diversification Really Matter? (Seeking Alpha)
Between January 4 and February 11, the S&P 500 lost 10.31 percent.....More>>>
Loading the player… What is a ‘Credit Default Swap – CDS’
A credit default swap is a particular type of swap designed to transfer the credit exposure of fixed income products between two or more parties. In a credit default swap, the buyer of the swap makes payments to the swaps seller up until the maturity date....More>>>
Just over three months after the authorities lifted the four-decade ban on crude oil exports, the U.S. has actually exported less this year than it did over the same period the year before, when the ban was still in place.
According to Clipper Data market intelligence cited by the Financial Times, we’ve seen a 5 percent decline in U.S. crude oil export....More>>>
American Express (AXP) is stuck between a rock and a hard place. As it battles MasterCard (MA) and Visa (V), American Express can either try to match their rewards–which will damage its returns–or stand its ground, which will make it hard to compete. Evercore ISI’s David Togut and team explain:
Credit card rewards continue to spiral skywards asAmerican....More>>>
Leerink’s Geoffrey Porges and Assaf Vestin are attending the annual American Society of Clinical Oncology, or ASCO, meeting and came away seeing the “biggest positive impact” forCelgene (CELG), but only a “modest” impact for Amgen (AMGN),Regeneron Pharmaceuticals (REGN) and Gilead Sciences (GILD). They explain:
A steady stream of multi-factor exchange traded funds have been coming to market for over a year now. Multi-factor ETFs offer investors exposure to several investment factors – the idea being that investors don't need to time when a certain factor will perform well and when others will fall out of favor.
The Global X Scientific Beta US ETF (NYSE: SCIU), which is 14 months old,....More>>>
With U.S. oil stockpile inventories at near maximum capacity, one particular subsector of the energy business that looks set to benefit is oil storage. Stockpile inventories have increased over the last several years, driven by record production from shale fields to keep up with demand from a growing economy. Oversupply is a bigger issue in the United States than other countries, with U.S. stockpiles....More>>>
Yes, you can file your 2015 tax return now. You should have received the forms you needyour W-2s and 1099sby the end of January. The tax-filing deadline is April 18, 2016, but it’s a good idea to file as soon as possible, especially if you’re getting a refund. Not only will you get your money faster, but you’re less likely to become a victim of tax identity theft. See Beat the....More>>>
JPMorgan’s Jamie Baker and Nishant Mani argue that “downside risk appears diminutive” in airlines like Delta Air Lines (DAL), Southwest Airlines (LUV), and American Airlines (AAL)–even if there’s a recession. They explain why:
Were over a year into fuels decline, and investor fears concerning a breakdown in discipline havent materialized.....More>>>
Transocean (RIG) beat earnings forecasts and probably has enough cash but Jefferies analyst Eduardo Royes and team still consider its stock to be a bigger risk when compared to its peers (I’m guessing they mean Diamond Offshore Drilling (DO), Noble (NE) and Ensco (ESV), among others). They explain why:
Welcome to the latest issue of the PRO Weekly Digest. Every Saturday for Seeking Alpha PRO subscribers and Sunday for all other Seeking Alpha users, we publish highlights from our PRO coverage as well as feature interviews and other notable goings-on with SA PRO. Comment below or email us at pro-
Headlines about Broadcom (NASDAQ:BRCM) have trended somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to posit