JD.com (NASDAQ: JD) is unlike my usual dividend growth investments and although I have followed the company for some time now I have been wary of making an entry. Despite being the largest Chinese retailer and e-commerce company in terms of revenue, JD doesn’t pay a dividend, has struggled to earn a profit from 2014-2016, has a quasi ownership VIE structure for western investors, and faces....More>>>
Consumer sentiment is on the rise the United States after Donald J. Trump won the 2016 presidential election and promises to implement an economic agenda tilted towards tax cuts, deregulation and heavy investment in infrastructure and defense. On Wednesday morning, the University of Michigan Consumer Sentiment Index rose to 93.8, or 8.2 points above pre-election readings.
The consumer survey....More>>>
Apple (NASDAQ:AAPL) is very rarely a first mover, and CEO Tim Cook often points out that the company’s goal is never to be the first at something — it just wants to be the best. The iPod wasn’t the first music player, the iPhone wasn’t the first smartphone, and the iPad wasn’t the first tablet. There are more examples.
With Facebook (NASDAQ:FB) making a big official....More>>>
A shocking number of retailers have shut down locations and many more closures are coming. Image source: Getty Images.
Last year took a devastating toll on the retail industry and the carnage will continue in 2017. A number of chains will likely not survive the year and many that do will finish 2017 smaller than before. In some cases you can blame the internet, falling retail traffic, and....More>>>
U.S. stock were trading tepidly lower Thursday, in choppy early moves, as investors remained tentative ahead of a key meeting between President Donald Trump and his Chinese counterpart Xi Jinping.
Thursdays action follows the biggest one-day reversal for equities in more than a year in the previous session which was triggered in part by the Federal Reserves admission that it will start unwinding....More>>>
Marathon Oil (MRO) surged to the top of the S&P 500 today as oil surged 9.3% after OPEC agreed to cut production and giving energy stocks a boost.
Shares of Marathon Oil jumped 21% to $18.06, while the S&P 500 fell 0.3% to 2,198.81, and the Energy Select Sector SPDR ETF (XLE) climbed 5.1% to $74.43.
In a note published on Nov. 21, Morgan Stanley’sEvan....More>>>
Apple Inc.’s services segment could be worth over $240B, making it a big reason to buy AAPL stock.
Shares of Cupertino, California-basedApple (NSDQ:AAPL) were recently namedby RBC capital markets’ analysts among the top tech stock picks for 2017. This is in stark contrast to 2016, a year in which AAPL stock has barely managed to beat the S&P 500 (INDX:SPAL). Apple stock....More>>>
Baird’s David George and team downgraded JPMorgan Chase (JPM) Neutral from Outperform today–and they acknowledge doing it before the U.S. presidential election results were in. It doesn’t appear as if Donald Trump’s victory would have changed their minds, however. They explain the reasoning behind their cut:
JPMorganis a great company, but....More>>>
It was d茅j vu all over again for the market as stocks followed yesterday’s playbook and gave back all their gains to finish little changed on the day. And with the Fed’s decision on interest rates on tap tomorrow, why wouldn’t they?
The S&P 500 finished little changed at 2,139.76 today, while the Dow Jones Industrial Average ticked up 9.79....More>>>
Wells Fargo’s David Maris and team call Valeant Pharmaceutical International’s (VRX) earnings and guidance “worse than feared” and contend that the struggling specialty pharmaceutical company’s “debt problem [is] coming into focus.” They explain:
Our preliminary look at 1Q results leads us to believe that Valeant is performing....More>>>
Related SRE 6 Notable Stocks Trading Ex-Dividend Tuesday, September 27 Mid-Afternoon Market Update: Dow Up 160 Points; Lantheus Shares Surge On Earnings Beat Sempra Energy 2016 Q3 – Results – Earnings Call Slides (Seeking Alpha)
Two years ago, we pulled Fidelity Contrafund (FCNTX) from the Kiplinger 25 and replaced it with Fidelity New Millennium (FMILX). We had no qualms about Contras performance or the estimable Will Danoff, the funds manager since 1990. Our concern was with its immense asset base, $114 billion at the time. We worried that Danoff would have trouble steering the battleship through increasingly turbulent....More>>>