Warren Buffett’s Berkshire Hathaway (BRK.B) is falling out of love with Walmart Stores (WMT, $68.87). It sold the majority of its holdings in the world’s largest retailer last year. In the final three months of 2016 alone, according to Berkshires latest 13-F filing with the Securities and Exchange Commission, Buffett trimmed his Walmart holdings to 1.4 million shares from 13 million....More>>>
First Solar, Inc. (NASDAQ: FSLR) reported its most recently quarterly results after markets closed on Tuesday. The company said that it had $1.24 in earnings per share (EPS) and $480 million in revenue, which compares to consensus estimates from Thomson Reuters that are calling for $0.97 in EPS and $412.76 million in revenue. The fourth-quarter from last year had $1.60 in EPS and $942.32 million....More>>>
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>>>
Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. The Chicago PMI for June is scheduled for release at 9:45 a.m. ET. The Energy Information Administration’s weekly report on natural gas stocks will be released at 10:30 a.m. ET. St. Louis Federal Reserve Bank President James Bullard is set to speak in London at 2:00 p.m. ET. ....More>>>
On Wednesday, ourUnder the Radar Moversnewsletter suggested small cap Big Data stock Attunity Ltd (NASDAQ: ATTU) as a short trade:
“Attunity has also been on the watchlist for a while. It’s a straight-up momentum play Well, straight down momentum play. We’re just getting on board the train after a brief lull in the downtrend. This one isn’t going to be a monster-sized....More>>>
By Charles Kennedy
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>>>
Search Jim Cramer’s “Mad Money” trading recommendations using our exclusive “Mad Money” Stock Screener.
The markets may still be celebrating a Trump victory, Jim Cramer told his Mad Money viewers Friday, but an errant cabinet appointment could send us lower. Until that happens however, Cramer’s game plan for next week continues to focus on earnings.
Related ALK Airlines Have More Room To Run Citi's Neutral-To-Bullish Call On The Airliners Related LUV The Three Cs Of The Airline Industry: Consolidation, Concentration And Crowding Jim Cramer Shares His Thoughts On Energy Transfer Equity And Southwest Airlines The Vetr community has upgraded $LUV....More>>>
In the early 1900s, any American over the age of 65 was considered “old.” That’s understandable because in those days the average life expectancy of U.S. citizens was 47 years. My how things have changed!
See Also: Are You Saving Enough for Retirement?
Today we define “old” as somewhere north of 90, and by all indications, the definition of old age....More>>>
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Oil fell to a two-week low as an OPEC deal to curb output appeared in jeopardy after Iran and Saudi Arabia failed to bridge differences.
Futures tumbled 3.9% after Iranian Oil Minister Bijan Namdar Zanganeh told reporters in Vienna....More>>>
Retirement savers who work with Merrill Lynch will no longer be able to pay their broker a commission, the latest example of how new rules on retirement accounts are roiling the wealth-management industry.
The Bank of America Corp. ....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:
Matthew Brow/Associated Press
Related IWM AdvisorShares Launches Actively Managed Small-Cap ETF Buy Silver, Short Russell 2000: Fast Money Picks For July 6 'Low Productivity Growth May Be A Fact Of Modern Life' – Alfred E. Neuman (Seeking Alpha)
Speaking on Bloomberg Markets, Dan Deming of KKM Financial....More>>>
What a difference one word makes. Cowen’s Doug Creutz and Stephen Glagola could have said that it’s not time to panic after Viacom (VIAB) said its negotiations with Dish Network (DISH) have been going nowhere. Instead, they inserted the word “necessarily,” changing the complexion of things. They explain:
Viacom shares are down several percent....More>>>