Here we go again. Activist investor Bill Ackman is calling for another company breakup as a means of “unlocking value.” The target this time? Government contractor United Technologies Corporation (NYSE:UTX). Owners of UTX stock have a right to be worried, not so much because Ackman is wrong (he may well be right), but because the activist investor and hedge fund manager can cause more....More>>>
Ballentine Partners LLC lessened its position in shares of General Electric (NYSE:GE) by 52.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,945 shares of the conglomerate’s stock after selling 43,663 shares during the period. Ballentine Partners LLC’s holdings in General....More>>>
Procter & Gamble Co. (NYSE: PG) posted a share price loss of just 0.5%, enough to maintain its rank as the worst-performing Dow Jones industrial stock of the year to date. So far in 2018, the shares have lost 21.2%.
The second-worst Dow stock so far this year is General Electric Co. (NYSE: GE), which is down 19.2%. That is followed by 3M Co. (NYSE: MMM), down 15.3%, Walmart Inc. (NYSE:....More>>>
Ask any successful person – in any field – the secret to making it big, and you’ll get the same response. It takes desire, knowledge, and discipline.
The same applies to trading the markets, particularly in 2018…
Money Morning’s options trading specialist, Tom Gentile, took those three traits and broke them into three simple steps for trading the....More>>>
U.S. stock futures are headed higher this morning. Wall Street bulls are extending yesterday’s late-session rally into this morning, as trade war fears begin to ease. Traders appear more focused on looming first-quarter earnings season rather than the new Chinese tariffs.
Against this backdrop, Dow Jones Industrial Average futures are up 0.28%, S&P 500 futures have added 0.47% and....More>>>
Source: ThinkstockMarch 27 2018: The S&P 500 closed down 1.7% at 2,612.60. The DJIA closed down 1.4% at 23,858.19. Separately, the Nasdaq was down 2.9% at 7,008.81.
Tuesday was a down day for the broad U.S. markets, coming a day after the Dow posted one of its top 3 performances, in terms of points, in the history of the index. All three of the major indices gave back practically all....More>>>