"I remember when the Dow hit 1,000, and then 2,000," a friend in his 70s told me last month at lunch… "Now the Dow's near 20,000. That's scary." This friend is no dummy… He founded a major corporation that traded on the stock market. He had tens of thousands of employees. His net worth hit nine figures. And he's scared. I get that…....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>>>
After Budget 2018, buying and selling of shares and equity-oriented funds will no longer be tax-free even if held for over a year if you realize a gain of Rs 1 lakh during a fiscal year on selling.
Finance Minister, Arun Jaitley has imposed a 10% tax on Long-Term Capital Gains (LTCG) arising out of equity shares and equity-oriented mutual funds (subject to an annual exemption of Rs 1....More>>>
One of the smaller details of Trumpcare, the redacted version of Obamacare, is the elimination of a tax imposed on manufacturers of medical devices. While the fate of pre-existing conditions has been hogging the spotlight in recent days, this particular tax and its future could have an impact on companies like Ventripoint Diagnostics (OTCMKTS: VPTDF TSE:VPT), and other small cap biotech....More>>>
Blackstone Group LP, the private-equity behemoth that’s traditionally raised money from institutions, is making a bigger bet on individual investors.
The $450 billion firm has expanded its private wealth group to about 100 employees, trained thousands of financial advisers on how to pitch Blackstone investments and has been using data to track patterns to generate more business, according....More>>>
Gol Transportes A茅reos (NYSE:GOL) shares traded down 5.4% on Monday . The company traded as low as $9.72 and last traded at $9.75. 524,965 shares traded hands during mid-day trading, an increase of 40% from the average session volume of 374,811 shares. The stock had previously closed at $10.31.
A number of research analysts have weighed in on the stock. Bank of America lowered shares of....More>>>
The recent disappointing performance of the world economy has been labelled as the “new mediocre” by Christine Lagarde,the “new reality” byOlivier Blanchard and the “new normal” by many others.
How mediocre is global growth? The answer to this question heavily depends on the way we measure world GDP. Aggregating national GDPs can be done in two ways: using....More>>>
These five stocks had the most social chatter and the lowest investor confidence this week, according to Stockal. Stockal tracks analyst ratings, news, and social sentiment to paint a picture a stock's overall sentiment.
1. GoPro Inc (NASDAQ: GPRO)
Stockal's confidence meter, which measures the Street's near-term confidence in the stock, stands at 56% for GoPro.....More>>>