JPMorgan Chase & Co. reduced its stake in shares of Tutor Perini Corp (NYSE:TPC) by 7.2% during the 1st quarter, Holdings Channel reports. The firm owned 258,952 shares of the construction company’s stock after selling 20,145 shares during the quarter. JPMorgan Chase & Co.’s holdings in Tutor Perini were worth $5,710,000 at the end of the most recent reporting period.
TFS Financial Corp (NASDAQ:TFSL) files its latest 10-K with SEC for the fiscal year ended on September 30, 2017. TFS Financial Corp is the holding company of the Third Federal Savings and Loan Association based in the United States. Its business consists of originating and servicing residential real estate mortgage loans and attracting retail savings deposits. TFS Financial Corp has a market cap....More>>>
Retail is in trouble. With the ease of shopping on Amazon, endless choices available online, and the industry’s failure to keep up with the times, brick-and-mortar retail operations have been crushed. True tales of struggling chains, plunging stock prices and even bankruptcy have become commonplace in the once thriving retail sector.
I came across NetEase (NASDAQ:NTES) in early 2013, when it was starting to become a major player in the Chinese mobile game industry. At first, I was a bit skeptical about their future growth and valuation. Video game companies are sometimes “one-hit wonders”, and decline after their top sellers lose popularity. But NetEase is an exception. After watching it for a few months, I decided....More>>>
Valeant Pharmaceuticals International (VRX) is considering the sale of an Egyptian drug maker it bought last year, Bloomberg’sManuel Baigorri and Dinesh Nair are reporting:
Valeant Pharmaceuticals International Inc. is considering the sale of Egyptian drugmaker Amoun Pharmaceutical Co. as the beleaguered Canadian company seeks to accelerate its debt-reduction plans, according to people....More>>>
&l;p&g;&l;img class=&q;dam-image bloomberg size-large wp-image-41580290&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/41580290/960×0.jpg?fit=scale&q; data-height=&q;638&q; data-width=&q;960&q;&g; Wind turbines at the Hornsdale wind farm in South Australia, which is connected to a Tesla lithium-ion battery storage system that took less than 100 days to install. Photographer:....More>>>
The above image is a real picture of a full moon taken in 2012 by an astronaut on board the International Space Station. From blue water to blue sky and the sun revolving earth, there are so many illusions we encounter on a daily basis. I’d like to discuss three illusions in the financial markets that we encounter regularly but hardly take cognizance of.
Though they operate in the same industry, Frontier Communications (NASDAQ:FTR) and Verizon Communications (NYSE:VZ) are two telecom companies of a very different nature.
In fact, the past decade has seen Frontier’s business model come under siege, while Verizon has largely strengthened its hand, even if it has underperformed the market averages over the past five years (before the effect....More>>>
I believe that Tuesday Morning (NASDAQ: TUES) is a potential turnaround situation with high upside and limited downside.
According to their 10k,
We are a true closeout retailer, selling high-quality products at prices below those found in boutique, specialty and department stores. Our customers come to us for an ever-changing, exceptional assortment....More>>>
Famed investor Warren Buffett has continued his buying spree of Apple (NASDAQ:AAPL) stock recently. Buffett’s Berkshire Hathaway (NYSE:BRK-B) (NYSE:BRK-A) loaded up an astounding 75 million shares of the tech giant during the first calendar quarter of 2018, bringing the conglomerate’s total stake in Apple to more than 240 million shares.Buffett’s bullishness on Apple has been particularly....More>>>
AON (NYSE: AON) and CorVel (NASDAQ:CRVL) are both finance companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, institutional ownership, valuation, profitability, risk, analyst recommendations and dividends.
Wall Street analysts forecast that Old Second Bancorp Inc. (NASDAQ:OSBC) will announce sales of $32.15 million for the current quarter, Zacks reports. Two analysts have issued estimates for Old Second Bancorp’s earnings, with the highest sales estimate coming in at $34.60 million and the lo
BB&T Securities LLC raised its holdings in Aon PLC (NYSE:AON) by 6.2% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 23,068 shares of the financial services provider’s stock after purchasing an additional 1,352 shares during the period. BB&