On Friday, obscured by the dust kicked up by Amazon.com (NASDAQ:AMZN) after reporting it would be acquiring Whole Foods Market (NASDAQ:WFM), there was another curious (albeit much less interesting) acquisition made --discount retailer Wal-Mart Stores (NYSE:WMT) announced it would be purchasi
Perhaps the greatest collection of unopened collectibles in baseball card history was recently found in a 90-year-old aunt’s Tennessee attic. Her husband, the late uncle of the current seller, owned a confectionary company that made card sets based on
According to the GuruFocus All-in-One Screener, the following stocks have high dividend yields but performed poorly over the past 12 months.
United Insurance Holdings Corp.’s (NASDAQ:UIHC) dividend yield is 1.43% with a payout ratio of 0.16%. Over the past 52 weeks, the price declined 10.9%. The stock is now trading with a price-earnings (P/E) ratio of 11.5 and a price-sales (P/S) ratio....More>>>
The IRS has confirmed that tax audits are way down, caused by budget cuts and fewer IRS personnel. In fact, the number of audits dropped 16% just from the previous year, and that was the sixth year in a row for fewer audits. The chances of audit have always been low, but they have gotten even lower, considerably less than 1%. That makes for a lot of happy taxpayers. No one wants to be....More>>>
The approval of the Iranian Petroleum Contract is the culmination of a summer of economic diplomacy between Moscow and Tehran.
A long summer
On September 17th, Iran’s parliament endorsed a new Petroleum Contract put forward by the energy ministry and the cabinet. The coming weeks will reveal which oil majors are willing to risk investment in ventures with the National Iranian....More>>>
Yesterday, President Obama signed into law the 21st Century Cures Act, a piece of legislation that had rare overwhelming bi-partisan support. The White House issued this statement about the legislation as it passed through Congress on November 30th:
This critically important legislation will get states the resources they need to fight the heroin and prescription opioid epidemic. It invests....More>>>
When it comes to their retirement plans, what investors don’t know definitely can hurt thema lot.
That’s why the U.S. Department of Labor thought it was necessary to step in recently with new rules that will require all financial professionals to adhere to the fiduciary standard when they’re doling out recommendations to their clients about how to handle their qualified....More>>>
If there is one word often used regarding Tesla Motors (NASDAQ:TSLA), it is delay(s). Whether it is getting things out in time, promises from Elon Musk, or meeting financial guidance, the electric vehicle maker is usually late. As 2016 comes to a close, consumers and investors find themselves waiting on Tesla yet again, although those that follow the company shouldn’t be surprised.
January 5, 2017: Markets opened slightly higher again Thursday but by mid-morning sellers had taken over and the DJIA and S&P 500 traded in the red. Financials and industrials weighed on equities today with the best performing S&P sectors being real estate and consumer staples. WTI crude oil for February delivery settled at $53.76 a barrel, up about 0.9% on the day. February gold added 1.4%....More>>>
Related BAC KBW: The Market Is Telling Banks To Break Up Financial Earnings In Focus As New Week Begins, But Data Also On Tap JPMorgan, Bank Of America Earnings Seen Hurt By Q1 Stock Volatility (Investor’s Business Daily) Related C KBW: The Market Is Telling Banks To Break Up Financial....More>>>
Credit Suisse analyst and teamGregory Lewis and team contend that Noble (NE) is “positioning for [an] eventual recovery” in offshore drilling, with emphasis on the word “eventual” but worry about They explain:
Agence France-Presse/Getty Images
We had the opportunity to host meetings with Nobleearlier this week. Management focused on its strong medium-term....More>>>
The folks at Bespoke Investment Group note that its “Death By Amazon” index, which includesBest Buy (BBY), Barnes & Noble (BKS), Wal-Mart Stores (WMT), and Macy’s (M), among other traditional retailers that have been hurt by Amazon.com’s (AMZN) dominance, has been outperforming since Donald Trump’s election victory:
There are more than 4,300 U.S. companies you can buy stock in, but very few stand out as the best ways to grow your wealth.
GE stock, though, is one of the exceptions…
You see, to be a good long-term investment, a company must be positioned as a dominant leader in a necessary industry, one that has years of growth ahead. And that’s exactly what Money Morning Executive....More>>>
Related MON JPMorgan: Monsanto Shares Could Hit $180 Over The Next 5 Years Monsanto Terms Bayer's Proposal As Incomplete And Financially Inadequate Monsanto rejects Bayer's bid but says open to further talks (Seeking Alpha) Related BAYRY JPMorgan: Monsanto Shares Could Hit $180 Over The Next 5 Years ....More>>>
U.K. stocks dropped Tuesday, with investors starting off November trade by sifting through more earnings releases and knocking down BP PLC and Standard Chartered PLC shares after their respective updates.
Africa Oil Corporation (OTCMKTS: OTCPK:AOIFF) is a Canadian oil and gas company that operates out of Africa, with assets in Kenya and Ethiopia. The company is also listed on the Canadian stock exchange and believes it holds significant amounts of high potential acreage. As we will see throughout
Leadership is a funny word - you can be the best at something, but if that "something" isn't all that valuable, then it's hard to make real money from that leadership. That's my initial impression of Luxfer (NYSE:LXFR) as I do believe this company has a strong position in specialty metal and
For some investors, they’ve created small fortunes. For others, they’ve brought nothing but misery. For all investors, though, there’s no denying the fact that biotech stocks have kept things interesting if only because they can always supply a binary even traders can treat
Abraxas Petroleum (NASDAQ:AXAS) has expanded its Delaware Basin position with a $22.2 million acquisition. This appears to be a fair price given what Halcon Resources (NYSE:HK) is paying for its nearby acreage. As well, Halcon's results near Abraxas's Caprito 99-301H well indicates that the
Lululemon's (NASDAQ:LULU) Q1 brought a pop to the stock as it beat on revenues and earnings. What no one seems to be talking about is the shrinking nature of those earnings. Net revenue grew 5% from Q1'16 which is great. Comparable sales have stalled;