It doesn’t matter what Trump thinks or says. It matters what he does, and more importantly, what federal regulators do. Such is the patient suffering of AT&T (NYSE:T). Just what am I talking about here? WE learned today that allegedly Trump has expressed reservations and opposition to the AT&T and Time Warner (NYSE:TWX) deal. Supposedly Trump contended that the merger would concentrate....more>>>
After attending its investor update, Raymond James analysts Savanthi Syth and Matt Roberts see a “pathway to substantial and sustainable shareholder value creation” at Delta Air Lines (DAL). They explain:
Delta held its fourth mid-year investor update primarily focused on providing updated capital deployment targets. The cash flow and capital deployment....more>>>
Procter & Gamble (NYSE:PG) is another of the dividend stalwart stocks, having paid a growing dividend for 60 years. It has been a steady and for the most part boring stock. In other words, it is a great DG stock. Of late, it has had some struggles, much caused by currency headwinds. Its latest earnings report shows that some struggles remain, but it also has some bright spots.
CF Industries (CF) rose to the top of the S&P 500 today, continuing strength that began earlier this month.
CF Industries gained 6.9% to $28.96 today, while the S&P 500 fell 0.2% to 2,181.90. CF Industries has gained 21% in November.
Despite the rally, CF Industries is still down 29% this year, and as recently as Nov.3, Citigroup’s P.J. Juvekar....more>>>
European stocks ended a choppy session firmly lower on Tuesday, as a renewed slump in oil prices drove energy shares lower.
The Stoxx Europe 600 SXXP, +0.69% ....more>>>
Scott Tucker has been charged in an alleged payday loan scam. The Justice Department cracked down on two major payday lending empires Wednesday, including one that belonged to race car driver Scott Tucker.
Tucker is a 53-year-old financier who races Ferraris in professional competitions. He was arrested on Wednesday, accused of running an illegal $2 billion payday lending enterprise....more>>>