Did you know that Alphabet Inc (NASDAQ:GOOG, NASDAQ:GOOGL) went skidding into the end of 2017? Some investors may not have noticed the underperformance in Google stock, as it stumbled up to and through the holiday trading periods. On Dec. 18, Alphabet stock leaped to new all-time highs, before d
I had expected IAMGOLD (NYSE:IAG) to post an impressive turnaround in the second half of the year on the back of an improvement in gold prices and the company’s efforts of lowering its cost base. This is exactly what happened when the company released its third-quarter results a couple of weeks ago.
Pulling the right strings
In fact, IAMGOLD blew past Wall Street estimates for....More>>>
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>>>
A little over a year ago, Iberdrola (Madrid: IBE) combined its US generation assets with UIL Holdings to form Avangrid (AGR), notes utility sector expert Roger Conrad, editor of Conrad’s Utility Investor.
But Avangrid adopted conservative financial policies that may have turned off some equity investors. Despite guidance for 8 to 10 percent compound annual growth in net income....More>>>
Welcome to The Salary Chronicles, where we’re bringing transparency to negotiation and salaries, one story at a time. We ask women to share their experiences negotiating their salary and what their advice is for others doing the same. We share these stories anonymously so they feel comfortable speaking as openly and as freely as possible.
While December is typically a strong month for equities, most of the month’s gains have historically come prior to Christmas, while the last week of the year tends to be trendless with a slight positive bias. With just seven trading days left in the year, we wanted to highlight which stocks in the S&P 500 have historically seen the best and worst returns from the close on 12/21 through....More>>>
A quick caveat – JD.com (NASDAQ:JD) is the largest e-commerce retail platform in China, as measured by net revenues. Alibaba Group Holding (NYSE:BABA) is the largest e-commerce retail platform in China, as measured by gross merchandise volume (GMV).
The JD-Alibaba relationship is akin to the Amazon.com (NASDAQ:AMZN) and eBay....More>>>
In the face of highflying rivals, eBay (NASDAQ:EBAY) is often overlooked in the business press. There is some reason for this, of course. It was once thought that auction-style selling would create the most efficient prices, but traditional retailing is still the norm in 2017. As a result, archrival Amazon’s (NASDAQ:AMZN) market cap is approaching $500 billion, making eBay’s....More>>>
The IRS has confirmed that tax audits are way down, caused by budget cuts and fewer IRS personnel. In fact, the number of audits dropped 16% just from the previous year, and that was the sixth year in a row for fewer audits. The chances of audit have always been low, but they have gotten even lower, considerably less than 1%. That makes for a lot of happy taxpayers. No one wants to be....More>>>
In 2011, Groupon (NASDAQ:GRPN) raised $700 million in its highly-anticipated IPO giving the company a market capitalization of $13 billion. The company ended the day trading at $28 a share and a market capitalization of $16 billion. At the time, this was the second biggest tech IPO in history. Five years later, the companys stock price is trading at a $3.89, meaning its market cap has dropped....More>>>
John Buckingham, editor of The Prudent Speculator, focuses on a widely-diversified portfolio of value-oriented stocks; here, he reviews two leading pharmaceutical firms with promising drug development operations.
Biogen discovers, develops and delivers innovative therapies for the treatment of neurodegenerative diseases and autoimmune disorders.
The firing of U.S. Attorney Preet Bharara marks the exit of a high-profile Wall Street enforcer.
Bharara, appointed to become U.S. Attorney of the Southern District of New York by former President Barack Obama in 2009, on Saturday said on Twitter he has been fired from his post. On Friday, the Trump administration asked remaining U.S. attorneys appointed by Obama to resign, which Bharara....More>>>
Forget what I said earlier about the Dow Jones Industrial Average heading for its first loss after six days of gains. All the major indexes finished higher today, although there was a flip in relative performance.
The S&P 500 rose 0.8% to 2,180.39 today, snapping a two day losing streak. The Dow Jones Industrial Average advanced 54.37 points, or 0.5%, to 18,923.06,....More>>>
A pile of rusty pipes and materials are all that remain of Lanzhou New Area’s tram project. Only a year ago it was a flagship public-private partnership for the planned city in Central China, before it fell victim to President Xi Jinping’s debt clampdown.