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
Its no secret that Americans arent very good at saving for retirement. One thing that has shown some promise in the U.S. among workers who have access to defined-contribution retirement plans where they work, such as 401(k) or 403(b) plans, is to raise the default savings rate for participants.
Retirement-plan practitioners have long thought that higher default savings rates would scare....More>>>
For the 70th-anniversary issue of Kiplingers Personal Finance, we distilled our best advice to show you how to build, protect and enhance your wealth throughout your life. Start with these tips to save more for retirement:
BUY THE FULL SPECIAL REPORT: 70 Time-Tested Tactics to Build Your Wealth
Save early and often. The sooner you start to save, the easier it will be to amass....More>>>
Micron (NSDQ:MU) stock gained more than 7% yesterday after Citi initiated its coverage on Micron with a price target of $30, almost 50% upside from yesterday’s close. Micron stock is on atear, gaining around 40% in last one year, handsomely beating the broader market and the semiconductor index. The stock closed yesterday’s trade....More>>>
When Merck (MRK) claimed Gilead Sciences (GILD) had infringed on its patents in creating blockbuster hepatitis-C drugs Sovaldi and Harvoni, it asked for royalties of 10% of all sales. While the jury earlier this week found Merck’s patents to be valid, it determined that Gilead would have to pay just $200 million. Leerink’s Geoffrey Porges explains:
Most companies that have gone public this year are biotech firms and the first quarter marked the slowest start to IPOs since the last recession. In the current quarter, the fact that companies outside of biotech are eyeing or marching through the IPO door may be a sign of a slow thaw?
It doesn’t matter what Trump thinks or says. It matters what he does, and more importantly, what federal regulators do. Such is the patient suffering of AT&T (NYSE:T). Just what am I talking about here? WE learned today that allegedly Trump has expressed reservations and opposition to the AT&T and Time Warner (NYSE:TWX) deal. Supposedly Trump contended that the merger would concentrate....More>>>
Now that 2016 has come to an end, it is important to look forward and backwards for the new year. Many investment strategists have been issuing their top 2017 picks and favorites, and that was the same issue from Merrill Lynch to start the year. The firm issued 8 top picks with Buy ratings for the first quarter and most have an implied upside of 15% or more. Just keep in mind that some analyst price....More>>>
Is it time to speculate or to be cautious? I hope you've asked yourself that question. The answer gets to the heart of an important idea. It may shift the way you approach the markets… And it will allow you to recognize many more opportunities to profit in the coming year. Today, I'll show you how to do both – proceed with caution and speculate – safely.....More>>>
Gilead Sciences (GILD) posted better-than-expected fourth-quarter financial results as sales of its hepatitis C drugs exceeded forecasts. Still, the biotech giant gave back after-hour gains as full-year sales forecasts failed to impress.
Gilead also boosted its dividend and almost doubled its share repurchase plan.
At a recent $83, the shares were up 0.4% after earlier climbing more....More>>>
By now, it should be apparent to anybody with a functioning cerebellum that our political and economic policy leaders are abject failures. After years of impotent monetary policy at the hands of the Fed, decades of incompetent foreign policy by several administrations, a dormant and corrupt Congress, and an activist Supreme Court rewriting the Constitution, the world....More>>>
Palo Alto Networks (NYSE:PANW) is scheduled report FYQ4 results on 8/30, after the market close. After reading some of the publicly available earnings previews out there, which I think are highly dissatisfactory, I decided to write my own for the benefit of the retail investor. I hope this preview will help you gain more insight into the key debate points going into PANW’s earnings and also....More>>>
Yesterday, our Elite Opportunity Pronewsletter suggested large cap technical athletic apparel stock Lululemon Athletica inc (NASDAQ: LULU)as a speculative short trade:
I’m not going to dig deep into their financials, but trust me when I say we are not fans of Lululemon Athletica Inc. (LULU), The Kroger Co. (KR) and Nordstrom Inc. (JWN) right now I will say we used to like LULU, but....More>>>
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