State Board of Administration of Florida Retirement System trimmed its position in CBS Co. (NYSE:CBS) by 3.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 497,281 shares of the media conglomerate’s stock after selling 18,947 shares during the quarter. State Board of Administration of Florida Retirement System owned....More>>>
After market close on Monday, May 14th, YogaWorks (YOGA) reported their Q1 FY 2018 earnings results.
Unlike the many large and mega cap stocks where you may have lots of moving parts and opaque business segments, YogaWorks is a small cap stock with few moving parts and not a lot of room for unforeseen surprises.
Q1 was not a surprise.
In yesterday’s article, we went over....More>>>
The stock market climbed sharply on Thursday, responding well to favorable earnings results from several corners of the market. Major benchmarks were up 1% to 2%, with particularly good performance from the Nasdaq Composite thanks to the tech sector’s outperformance during the day. Yet some stocks suffered from bad news that cast doubt on companies’ ability to benefit from generally....More>>>
It is not uncommon for markets to sell-off after big gains. It seemed as though every market participant was just begging for a pullback in late 2017 and early 2018. But now that a sell-off has been seen it’s the same thing that always happens — investors freeze up, because it could be the end of the great bull market.
The current bull market turned 9 years old in March. The difference....More>>>
No one in modern financial history comes close to matching Warren Buffett’s record as an investor.
Hedge fund managers like John Paulson and Kenneth Griffin have had huge years along the way, and more conventional money managers such as Peter Lynch have turned in stellar performances as well, but none has performed at such a high level over such a long period of time as the Oracle of....More>>>
Last week, Energy Transfer Partners (NYSE:ETP) finally resumed work on the controversial Dakota Access Pipeline after it received a green signal from the Army Corps of Engineers. The MLP expects to complete its $4.8 billion Bakken Pipeline project, which includes the 1,172-mile DAPL and the 754-mile ETCO pipeline, in 2Q2017. Moreover, the approval is also a sign of positive things to come for the....More>>>
White House Press Secretary Sean Spicer answering questions about the repeal and replacement of Obamacare. (Photo by Chip Somodevilla/Getty Images)
It was amusing, infuriating and truly scary last week when Trump administration spokesperson Sean Spicer, House Speaker Paul Ryan (R-WI) and several current GOP House members conducted a pre-emptive, coordinated attack on the Congressional....More>>>
BMO Capital Markets analysts Kenneth Zaslow and Patrick Chen took a look at the valuations of Tyson Foods (TSN) and Pilgrim’s Pride (PPC) and decided they were afraid of heights. They explain why they cut Tyson Foods to Market Perform from Outperform…
Scott Sinklier/AgStock Images/Corbis
We are downgradingTyson shares to Market Perform. Our overarching view onTyson....More>>>