The tax bill passed by the House and Senate still hasn’t been signed by President Trump. But one blue chip company, FedEx, is already touting the potential for a nearly $1.5 billion increase in annual profits due to lower corporate taxes.
FedEx reported its latest quarterly results after the closing bell Tuesday, before the Senate voted to approve the bill.
With upward pressure on the pound abating, investors may find more to like in U.K. stocks.
For much of this year, currency appreciation — a drag on the overseas earnings of global stocks that dominate the FTSE 100 Index — has overshadowed the gauge. That burden eased on Friday as the government reported first-quarter growth figures that missed estimates, weakening the case for....More>>>
Most people who call themselves "investors" really aren't. The average "investor" is really a trader. He buys a stock with the hope that at some point in the future, he'll find someone who'll buy it for more than he paid. He's trying to time the market. "Buy low and sell high," right? More often, however, people can't stand the uncertainty.....More>>>
Things aren't going to script right now in the financial sector. It's a widely established fact (based on years of historical evidence) that banks and other lenders typically prosper when interest rates are rising. In previous rate-tightening cycles, the financial sector was usually among the ma
Trade worries were set aside today as the market bounced back in advance of earnings reports. The Dow Jones Industrial Average (DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) opened higher and rallied through the day.
Today's stock market
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