Tag Archives: BBY

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Most people would agree that sex trafficking is abhorrent.

When a group of Senators proposed a new bipartisan bill called Stop Enabling Sex Traffickers Act it sounded like a noble piece of legislation that people would get behind. It would hold companies liable if they “knowingly facilitate” sex trafficking on their online platforms. But tech industry associations and internet-rights....More>>>

Hot Casino Stocks For 2018

Related MPEL Macau Records Largest Monthly Revenue Growth In Nearly 3 Years Is Monthly Gaming Win Data Still A Viable Trading Opportunity? Macau posts best monthly revenue growth since early 2014 (Seeking Alpha) Related WYNN Macau Records Largest Monthly Revenue Growth In Nearly 3 Years Is Monthly....More>>>

Best Buy Co Q3 Earnings: Missing Wall Street Expectations

Large cap consumer electronics retail stock Best Buy Co Inc (NYSE: BBY) reported Q3 FY18 earnings before the market opened this morningwith results being the following:

Q3 FY18 Q3 FY171 Revenue ($ in millions)2 Enterprise $9,320 $8,945 Domestic segment $8,491 $8,192 International segment $829 $753 Enterprise comparable sales % change 4.4% 1.8% Domestic....More>>>

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Over the last year, millions of people accessed new ways of managing money using their phones. Many new companies entered the market to help with everything from borrowing and saving to managing cash flow. A recent study showed that half of banking customers around the world are already using at least one financial technology (or fintech) service; more will follow as access increases. And the....More>>>

Nasdaq, S&P 500 Close at All-Time Highs

U.S. equities gapped higher at the open on Thursday, lifting the tech-heavy Nasdaq Composite to new record highs.

There was no specific catalysts for the rally. If anything, headwinds were in play as OPEC’s nine-month extension of last year’s production cap disappointed expectations for a deeper reduction in output and Wednesday’s Federal Reserve meeting minutes....More>>>

Top 5 Safest Stocks To Buy For 2017

Teradata (TDC) shot to the top of the S&P 500 today after beating earnings forecasts.

Agence France-Presse/Getty Images

Teradatagained 8.6% to $32.75 today, while the S&P 500 rose.

The Associated Press has the details on Teradata’s earnings:

Teradata Corp. (TDC) on Thursday reported fourth-quarter net income of $58 million, after reporting a loss....More>>>

Hot Stocks To Invest In Right Now

Mining stock Freeport-McMoRan (FCX) soared to the top of the S&P 500 today as copper traded a new 52-week high.

Shares of Freeport-McMoRan climbed 7.1% to $12.09 today, while the S&P 500 rose 0.4% to 2,139.53. Copper gained 3.1% to $2.3790 a pound, a new 52-week high.

On Saturday, the Institutional View’s Andrew Addison highlighted the potential upside in Freeport-McMoRan:

With....More>>>

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One worker said his wages were stolen. Another said she was forced to work without overtime pay.

A third worker described her struggles to provide for a family of six children — on $8.75 an hour after years of experience in the food industry.

The three are current and former employees of CKE Restaurants, the fast-food company run by secretary of labor nominee Andrew Puzder....More>>>

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FedEx (FDX) is scheduled to release its earnings next week–and RBC’s John Barnes and team aren’t expecting great news:

FedExreports 3FQ/16 (ended February 2016) results on March 16 after market close…We are trimming our 3FQ/16 EPS estimates to reflect higher than expected peak season costs. We also expect the company to rein in FY/16 EPS guidance when it reports. Accordingly,....More>>>

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Is Federal Reserve Chairwoman Janet Yellen capable of conducting a bond-market bloodbath? Thats what some on Wall Street are wondering.

Albert Edwards, market strategist at Soci茅t茅 G茅n茅rale and noted permabear, expects Yellen, who is set to deliver semiannual testimony to the Senate Banking Committee on Tuesday, will trigger a steep bond selloff by talking up the possibility that....More>>>

Top 10 Bank Stocks For 2017

Yesterday, our Elite Opportunity Pronewsletter suggested large cap supermarket stock Kroger Co (NYSE: KR) as a potential speculative short trade:

I’m not going to dig deep into their financials, but trust me when I say we are not fans of Lululemon Athletica Inc. (LULU), The Kroger Co. (KR) and Nordstrom Inc. (JWN) right nowAs for KR and JWN, we just don’t think the current consumer....More>>>

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Gilead Sciences (GILD) posted better-than-expected fourth-quarter financial results as sales of its hepatitis C drugs exceeded forecasts. Still, the biotech giant gave back after-hour gains as full-year sales forecasts failed to impress.

Gilead also boosted its dividend and almost doubled its share repurchase plan.

At a recent $83, the shares were up 0.4% after earlier climbing more....More>>>

Top 5 Stocks To Watch Right Now

Earlier this year, I wrote an article entitled Brazil: If We’re Really Doomed To Repeat History, I’m Buying, in which I presented the case that events were setting themselves up in a way that was eerily similar to 2002, just before the economy turned around and the equity market would go on to post multiple years of strong returns. Since then, the (NYSEARCA:EWZ) ETF is up around 20%,....More>>>

Top 5 Stocks To Buy For 2017

The last big market event of the year will be Wednesday, when the Fed decides on rates.

As we’ve discussed, from the bottom in rates earlier this year, the interest rate market has had an enormous move. That has a lot of people worried about 1) a tightening that has already taken place in the credit markets and 2) the potential drag it may have on what has been an improving recovery.....More>>>