Sometimes the market gets fairly excited about a perceived significant event causing a lot of would-be investors to jump into an investment without properly weighing all the potential risks and outcomes. Cobas Asset Management invested in Teekay Corporation (TK) to the tune of about 4 million sha
TOKYO–Japan’s consumer prices rose for the first time in more than a year in January as rising global oil prices gave Prime Minister Shinzo Abe and the Bank of Japan a helping hand in their campaign to overcome deflation.
The fractional increase in prices still leaves the central bank far from its 2% price goal, but it may fuel speculation over when the bank might consider raising....More>>>
With the current bull market entering its eighth year and the S&P 500 trading wellabove its historic average, it’s becoming increasingly difficult to find and buy cheap stocks today — challenging, but not impossible.
In fact, some of businesses’ biggest names trade at significant discounts to the market, including companies like Warren Buffett’s Berkshire Hathaway....More>>>
Since 2014 Hershey (NYSE:HSY) has been struggling a lot with its foreign operations. This has been due to the facts that the general business environment has been rather weak in foreign countries where Hershey is operating, that a strong dollar has hurt the sales and especially that the Chinese market has proved to be much more difficult than expected.
As the end of the year nears, companies will start to report their end of the year numbers giving investors the opportunity to find value for their portfolios in 2017. Earlier this week, Nordson Corporation (NASDAQ:NDSN) released its numbers for the fourth quarter of its 2016 fiscal year. The machinery company, with market capitalization of just under $6.00 billion, specializes in a variety of manufacturing....More>>>
All U.S. financial markets will be closed Monday to commemorate Martin Luther King Jr. Day, giving investors time to regroup ahead of the fourth-quarter earnings season, which is expected to pick up pace after the holiday.
Following heady gains since November, U.S. stocks have sputtered in recent sessions as investors sought more clarity on President-elect Donald Trumps policies as well....More>>>
Statistics Canada will be releasing manufacturing sales numbers Wednesday, March 16, 2016 at 8:30 AM ET. More specifically the numbers will show the change in total value of sales made by manufacturers since the previous month. Since manufacturers are affected by market conditions early, their change in sales values are a significant indicator of economic health.
When Merck (MRK) claimed Gilead Sciences (GILD) had infringed on its patents in creating blockbuster hepatitis-C drugs Sovaldi and Harvoni, it asked for royalties of 10% of all sales. While the jury earlier this week found Merck’s patents to be valid, it determined that Gilead would have to pay just $200 million. Leerink’s Geoffrey Porges explains:
My wife grew up in a largish Catholic family. It’s no surprise that most of her childhood was spent in the back of their Oldsmobile station wagon shuttling to different local grocery stores (this was pre-wholesale club) to take advantage of various sale items advertised in newspaper ads and circulars. For consumer staples, price always matters. The same holds true when buying the stocks....More>>>
There was a lot to like in EOG Resources Inc.’s (NYSE:EOG) third quarter report on both the financial and operational front. Higher natural gas prices and relatively flat crude prices q-o-q helped increase EOG Resources Inc.’s net operating cash flow streams from $503 million in Q2 to $760 million in Q3. That implies an annualized run rate of just over $3 billion in cash flow and implies....More>>>
(Editors’ Note: As discussed below, TPRP is a very illiquid security).
Tower Properties (OTCPK:TPRP) is one of the cheapest companies I have been able to find and is almost completely undiscovered by the investing public. This is a company where you are getting $1 worth of real estate, cash, shares, and property management/development/construction management earning streams for about....More>>>
The Federal Open Market Committee (FOMC) is sticking to the status quo despite sufficient support from economic data for the policy rate hike this year. On November 8, 2016, citizens of the United States will vote for the next president, and now it seems unlikely that the Fed will raise interest rate in November meeting.
In an interview with CNBC, Cleveland Fed President Loretta Mester said;
In contrast with the swings of the large crude-oil inventory run-up and then the big end-of-the-season drawdowns, this is turning out to be a an average summer for oil after all (USO, OIL, SCO, BNO, DBO, DIA, DNO, DTO, DWTI, OLEM, OLO, SPY, SZO, UCO, USL, UWTI).
I’ve been tracking the weekly inventory changes over the extended summer driving season, from May through September, which....More>>>
On Friday, our Under the Radar Moversnewsletter suggested mid cap natural gas pipeline stock Boardwalk Pipeline Partners, LP (NYSE: BWP) as a bullish/long trade:
With just a quick glance it may look like BWP is just moving sideways within a horizontal trading range. A closer look, however, indicates that the tide has been turning bullish within the confines of this range, and there’s....More>>>
After a strong rebound for many value stocks in February, the month closed with a couple of down days, setting the stage for a mild start to the month of March, when many traders traditionally look for a rally. More important, though, is the psychological boost provided by recent action in the stock market. Coming off a scary first month of the year, February gave hope to many who feared that 2016....More>>>
Small cap China based online retailstockLightinthebox Holding Co (NYSE: LITB) reportedQ1 2017 earnings as net revenues increased 8.0% to $72.7 million (above the high end of the Company's guidance of $72.0 million). Net revenues from product sales were $64.8 million versus$61.9 million and n
So far, I’ve been a small brick in the “wall of worry” being climbed by Microsoft Corporation (NASDAQ:MSFT) stock. I argued in March, for instance, that Microsoft was worth about $100 billion too much. MSFT stock has gained another 12%-plus since then — and Microsoft
Master limited partnerships (MLPs) may be getting a big shot in the arm in the upcoming year. And it’s all because of President Donald Trump. We know that Trump is already a fan of pipelines — his actions on the Keystone XL and infrastructure plans confirm this. The big win for M