The energy sector is feeling the pinch of low oil and natural gas prices, which has been a headwind for oil field services industry stalwart Helmerich & Payne, Inc. (NYSE:HP) and dragged down investor sentiment for midstream sector players Enterprise Products Partners L.P. (NYSE:EPD) and Buckeye Partners, L.P. (NYSE:BPL). But each of these companies has a long history of increasing dividends....More>>>
Most people would agree that sex trafficking is abhorrent.
When a group of Senators proposed a new bipartisan bill called Stop Enabling Sex Traffickers Act it sounded like a noble piece of legislation that people would get behind. It would hold companies liable if they “knowingly facilitate” sex trafficking on their online platforms. But tech industry associations and internet-rights....More>>>
Healthcare REIT HCP, Inc. (NYSE:HCP) had an eventful 2016. The year started off quite turbulent, with dismal results from the company’s HCR ManorCare properties leading to a surprise loss, but recovered nicely as the company decided to spin off those and other troubled assets. What could be in store for HCP investors in the coming decade?
Unfortunately, we don’t have a crystal....More>>>
Credit cards can be powerful financial tools in the hands of savvy cardholders. Not only can cardholders avoid interest charges and earnbig credit card sign-up bonuses, but managing credit card spending well can also help to increase your credit score.
Yet, it’s also easy to fall short of budgeting goals and get into hot water as payments come due.
In the following video segment,....More>>>
Investment company Carl Icahn buys Hertz Global Holdings during the 3-months ended 2016-12-31, according to the most recent filings of the investment company, Icahn Capital Management LP. As of 2016-12-31, Icahn Capital Management LP owns 19 stocks with a total value of $22.4 billion. These are the details of the buys and sells.
Added Positions: HTZ, IEP, HLF, Reduced Positions: FCX, NUAN,....More>>>
Stocks…after the Federal Reserve left interest rates unchanged but said the risks to the U.S. economy had “diminished.”
Win McNamee/Getty Images
The S&P 500 is little changed at 2,168.68, while the Dow Jones Industrial Average has risen 35.50 points, or 0.2%, to 18,509.25. The Nasdaq Composite has gained 0.5% to 5,137.26.
The Fed’s inability....More>>>
Facebook stock enters 2017 on a combination of lower expectations and depressed valuations.
Shares of Facebook (NSDQ:FB) are off to a great start in the new year. FB stock is up 8%+ since the turn of the year. In comparison, the stock had gained 9.55% in 2016, outperforming the Nasdaq Composite’s (INDX:COMPX) 6.6% gains. As reported in our last FB post, Facebook stock....More>>>
Mexico’s “contingency plan” to protect its economy from the “hurricane” effect of Donald Trump’s electoral victory isn’t working.
On Thursday, Mexico’s central bank tried to prop up its battered currency, the peso, by selling dollars to international investors. It’s the latest move by Mexico to stop the peso’s bleeding from Trump’s....More>>>
NRG Energy (NRG) soared to the top of the S&P 500 after the utility beat earnings forecasts and raised its 2016 guidance.
Shares of NRG Energy gained 9% to $11.04 today, while the S&P 500 dipped 0.2% to 2,085.18.
NRG Energy reported a profit of $1.27 a share, easily topping forecasts for 93 cents a share. And while revenue of $3.95 billion fell short....More>>>
This summer, Todd Hagopian and Jason Spatafora told us that traditional Biotech companies are looking at Cannabis-based Biotech stocks as buyout candidates. Since then, the four stocks they recommended are up on average 20%, while the S&P 500 is up less than 2%. We welcome them again to discuss the election and the prospects for the Marijuana stock sector.
Todd Hagopian and....More>>>
If you have listened to the endless political rhetoric in the presidential election, you might worry that the economy is driving off a cliff. Things might not be all perfect, and there are some serious drags happening. Still, the all-ineconomic readings are not quite signaling that the next economic mudslide is imminent. even if the economic recoveryremains exceptionally dull.
24/7 Wall St.....More>>>
For the second day running, the Dow Jones Industrial Average attempted to rise to the 20,000 level, only to falter and back up some. With the market volume drying up fast as the Christmas holiday approaches, its looking more and more like the historical level may have to wait a little longer. The futures were trading slightly lower this morning, so we may open down again.
24/7 Wall St. reviews....More>>>
When President-elect Donald Trump commented on the campaign trail that he would get Apple (AAPL) to build its “damn computers and things” in the U.S. instead of overseas, it was widely regarded as a joke.
However, prospects of an American-made iPhone are now being taken a bit more seriously.
Apple has reportedly asked iPhone assemblers Foxconn....More>>>
Related BABA CLSA: It Makes Sense For Yahoo To Join Microsoft Or Verizon Oppenheimer Boosts Yahoo's Target: Alibaba Gains And Core Sale Valuation Responsible Baidu Reportedly Pulling A Google, Spinning Off Video Service (Investor’s Business Daily) Related FXI Asian Equities Surge Higher Led By Japan,....More>>>
Since late August, Nike Inc. (NYSE: NKE) stock has dropped more than 15%, and for the year to date it is down nearly 19%. That’s actually a bit better than last week when the stock was down 20% for the year. The DJIA, conversely, rose nearly 4% last week to post a year-to-date gain of nearly 8.2%.
Following the results of Tuesday’s election, Nike’s shares dropped below $50....More>>>