Dollar General (DG) marked its 27th consecutive year of same-store sales growth in fiscal 2016. It followed this milestone up with a beat on both the top and bottom lines during its first quarter of 2017, with comps once again growing – but by only about 0.7%. As I was sifting through the retail carnage, Dollar General was one of the companies that stood out as above average, so I decided....More>>>
There’s no way around it: the S&P 500 now has a P/E ratio of more than 26 going into the first earnings season of 2017, and even the “safest” bets are starting to look scary.
Unless we see massive profit growth all around, there’s a real risk this bull market is going to stutter—or worse.
So where do you go for value? It’s....More>>>
Stocks fell today as the market reacted to the Trump administration’s travel ban. The final tally, however, was less painful than it had been earlier in the day.
The S&P 500 fell 0.6% to 2,280.90, while the Dow Jones Industrial Average declined 122.65 points, or 0.6%, to 19,971.13. The Nasdaq Composite dropped 0.8% to 5,613.71.
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If financial advisors want to act in the best interest of their clients, they first need to know what those interests are, but that’s not necessarily what happens. A new survey from Investing Media Solutions....More>>>
Mettler-Toledo International (MTD) soared to the top of the S&P 500 today after beating earnings forecasts and offering upbeat guidance.
Mettler-Toledo gained 6.7% to $462.67 today, while the S&P 500 rose 0.7% to 2,297.42.
Wells Fargo analystsTim Evans andSara Silverman call it “another very strong quarter” for Mettler-Toledo but contend....More>>>
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Patriot One is a Canadian-based technology company that has developed an advanced concealed weapons detection system that delivers real-time warnings to keep potential attackers at bay and to keep the general public safe and secure. “Using radar and machine-learning algorithms that interpret the signal that comes back, every metallic object they’re carrying will resonate with a very....More>>>
Back in September, Vitality Biopharma Inc (OTCMKTS:VBIO) CEO Robert Brooke officially announced his company would be entering the painkiller market, specifically taking aim at the development of an alternative to opioids. His specific words? “Opiates are one of the key classes of drugs we’re seeking to replace, or to make far less necessary, as our proprietary cannabosides could provide....More>>>
Related FXI Albert Edwards: End Of Bull Market Is Upon Us New Ways To Trade China, Crude Oil And The Fed China reserves set for record drop (Seeking Alpha)
Hayman Capital Management’s Kyle Bass has been bearish....More>>>
Ever the diplomat, Mark Zuckerberg has cleared the air regarding one of his board member’s comments on India.
On Tuesday, venture capitalist Marc Andreessen — who’s a Facebook (FB, Tech30) board member — posted a series of controversial tweets on Twitter. In them, he expressed his dissatisfaction with the ruling by an India regulator that effectively killed Faceook’s....More>>>
American Express is joining the movement for expandedparental leave, and it’s doing so in a big way.
The credit card giant announced on Monday that it would be widening its parental leave program to now offer paid maternal or paternal leave for up to 20 weeks. Mothers who give birth and need additional medical leave will also be able to take another six to eight weeks before returning....More>>>
The U.S. presidential election is up in the air right now–FiveThirtyEight’s model puts the odds at 58.9% for a Clinton victory, 41.1% for a Trump win. So Deutsche Bank’s David Bianco and team came up with two baskets of 15 stocks, one for a Trump victory, the second for a Clinton win. Here’s Bianco’s take on what might happen if Republican’s sweep both the presidency....More>>>
It might be tempting to look at Fred’s (NASDAQ:FRED) as a potential short as its stock price rose over 90% in a couple of hours, however Fred’s is eventually still a buy and here’s why.
Fred is the surprising buyer of 865 stores coming out from the Rite Aid (NYSE:RAD) / Walgreen (NASDAQ:WBA) potential merger. Fred’s is paying $950 million cash for such stores, however....More>>>
Stocks dipped today as oil fell and investors digested last night’s U.S. presidential debate.
The S&P 500 fell 0.1% to 2,141.34 today, while the Dow Jones Industrial Average dropped 40.27 points, or 0.2%, to 18,162.35. The Nasdaq Composite declined 0.1% to 5,241.83. Oil dropped 2.3% to $50.43.
With the final debate finished, the market is looking....More>>>
President-elect Donald Trump warns he’ll impose big tariffs on goods from Mexico to protect blue collar jobs in America.
But Trump may want to take note of how similar tariffs have played out in Argentina. In 2009, that country put a 35% tariff on computers, tablets and other electronics in order to shield its manufacturing workers. It’s the same size as Trump’s proposed....More>>>