In late 2016 and early 2017, profitability deteriorated rapidly at Mexican budget airline Volaris (NYSE:VLRS)due to market disruptions caused by the U.S. presidential election. Fears about a crackdown on trade or immigration under President Trump led to a sharp drop in the Mexican peso and a down
Global interest rates jumped Friday to their highest level since the U.K.s vote to leave the European Union, in a sharp global government-bond selloff sparked by hawkish comments from Federal Reserve officials and policy inaction by the European Central Bank.
Last week Renewable Energy & Power, Inc. (OTC PINK : RBNW ), a diversified corporation with markets in energy-saving technologies of LED lighting, solar and wind energy, announced a large San Francisco Bay Area electronic assembly corporation has approved the installation of 1,275 LED lights for their entire main campus.
This is the third such announcement in as many....More>>>
Shares of XL Capital Partners Co. (NYSE:XL) have earned an average recommendation of “Hold” from the eighteen analysts that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating on the company. The average 1-year price objective among analysts that....More>>>
President Trump’s temporary SEC chief has already taken steps to curb the agency’s ability to go after financial crime.
Now, four top Democratic senators are raising the alarm. In a letter Wednesday, senators Elizabeth Warren, Sherrod Brown, Robert Menendez, and Brian Schatz called on the agency’s inspector general to examine whether Acting Chairman Michael Piwowar overstepped....More>>>
The cost of providing health insurance to a companys employees grew nearly 7% last year, extending not only a long-standing streak of rising costs, but accelerating that trend. Indeed, between 2002 and 2016, the average amount of money a family of four spent on health care each year grew a whopping 180%.
Putting it bluntly: Regardless of whos paying the bill (and how), health care....More>>>
Casinos and gaming suppliers are tripping over themselves to show how excited they are about the Supreme Court overturning a law that banned sports betting in every state in the U.S. except Nevada. Caesars Entertainment (NASDAQ:CZR), MGM Resorts (NYSE:MGM), and Scientific Games (NASDAQ:SGMS) all released statements in support of the potential of expanded sports betting with Scientific Games saying....More>>>
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I recommend long Wabash National (NYSE:WNC), with a 12-month price target of $29/share, representing 32% upside from current level. WNC is a leading diversified industrial manufacturer in North America, and also the only publicly traded trailer company. WNC is currently trading at 50% discount to
Last week, Apple Inc. (NASDAQ:AAPL) beat on earnings per share and revenue expectations. Unlike a number of companies, Apple stock actually rallied on the good news, rather than falling. Shares have been moving higher ever since, climbing about $20 apiece through the end of the week.
Shopify Inc (NASDAQ:SHOP) isn’t known for a robust dividend or low valuation. It’s a momentum growth stock, plain and simple. And right now, Shopify stock has got plenty of momentum to go around. The question is, will it help propel the SHOP stock price to even more new highs, or will
With the resurgence in energy prices, the best proxy for the group — Energy Select Sector SPDR (ETF) (NYSEARCA:XLE) — has been on the move. While the ascent kicked off in August, it took Kinder Morgan Inc (NYSE:KMI) until mid-November to catch on. After bottoming out near $1