Tuesday morning brought a bit of a letdown for the stock market, as major indexes pulled back from their big gains from before the holiday weekend. As of 11 a.m. EST, the Dow Jones Industrial Average (DJINDICES:^DJI) was down 32 points to 25,851. Elsewhere, the S&P 500 (SNPINDEX:^GSPC) lost
What do Aretha Franklin, Kurt Cobain, and Prince have in common? Besides being famous and talented, they all died without a will. Pretty amazing, given they all had the money and lawyers to draft a proper estate plan, but for one reason or another they didn't draft one. While the size of your es
Siemens (FRA:SIE) received a €138.00 ($160.47) price target from analysts at UBS Group in a report issued on Tuesday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the stock. UBS Group’s price target would suggest a potential upside of 23.77% from the stock’s current price.
Other analysts have also issued research reports about the....More>>>
Singapore’s largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand’s local shares climbed 20% and the ADRs did even better.
Although these aren’t the easiest shares to own, and it’s not a simple company to model, I continue....More>>>
J.Jill (NYSE:JILL) issued its quarterly earnings data on Tuesday. The specialty retailer reported $0.29 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.10, Bloomberg Earnings reports. J.Jill had a return on equity of 22.73% and a net margin of 7.93%. The business had revenue of $181.50 million during the quarter, compared to analyst....More>>>
Consolidation isn’t coming in the Canadian cannabis industry — it’s already here.
The big story right now relates to the potential acquisition of MedReleaf (NASDAQOTH:MEDFF) by Aurora Cannabis (NASDAQOTH:ACBFF). There’s no guarantee that a deal will be made, but the two companies announced that they were engaged in discussions.
On Tuesday, shares of Snap (SNAP) hit a new public trading low, falling nearly 9% to $15.47 after a big downgrade from Morgan Stanley. With the research firm cutting its price target from $28 to $16, Snap shares easily lost hold of their $17 IPO price that they had been struggling to defend. Unfortunately, for investors, the situation could get much worse before it gets better.
Media headlines about BankUnited (NYSE:BKU) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. BankUnited earned a....More>>>
Checchi Capital Advisers LLC cut its holdings in shares of Illinois Tool Works Inc. (NYSE:ITW) by 12.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,292 shares of the industrial products company’s stock aft
The stock market was quiet on Wednesday, with different benchmarks reacting to a variety of news events. The release of minutes from the Federal Reserve's most recent monetary policy meeting generally confirmed what most investors had believed about the central bank's future course of action, an
Last Thursday, NVIDIA (NASDAQ:NVDA) reported terrible fourth-quarter results to close out what had been a strong fiscal 2019. For the quarter, revenue fell 24%, earnings per share dropped 48%, and EPS adjusted for one-time items plunged 53%.