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>>>
Survey Monkey recently reported than only 5% of consumers are extremely likely to buy and Apple Inc. (NASDAQ: AAPL) iPhone 7. All of them must be disgruntled Samsung Galaxy Note 7 owners based on another piece of research Survey Monkey did the same day. Over one third (35%) of the Galaxy Note 7 owners want refunds. Over a quarter (26%) want to buy an iPhone 7.
According to a Survey Monkey....more>>>
Employment growth at US companies slowed in April to the weakest gain in three years, according to this morning’s update from ADP. The private sector added only 156,000 positions to payrolls last month in seasonally adjusted termswell below expectations for a gain of nearly 200,000. Today’s data raises new questions about expectations for a second-quarter rebound in economic activity....more>>>
For many reasons, General Motors (NYSE:GM) trades at roughly 5x forward earnings. My last article addressed why peak auto sales weren’t a concern, but the market probably fears the autonomous vehicle and ride-sharing future even to a greater extent.
The stock is trading around $31 as the attempted breakout stalls at strong resistance since the start of the year. The real question is....more>>>
Related KERX Mid-Morning Market Update: Markets Open Lower; Joy Global Profit Tops Expectations Top 10 Pre-Market Gainers From Thursday Related RMTI 10 Stocks Moving In Monday's Pre-Market Session 6 Stocks Trending In Short-Seller Circles: From Tesla To Fitbit ....more>>>
After stumbling badly on negative publicity about foodborne illness at some of its restaurants, the fast casual dining industry’s once unstoppable frontrunner finally caught a break: On February 1, the Centers for Disease Control and Prevention (CDC) declared Chipotle Mexican Grill (NYSE: CMG) free of the nasty E. coli bug responsible for the illness outbreak.
During the summer and....more>>>
Republican presidential nominee Donald Trump blasted the U.S. Federal Reserve and Fed Chair Janet Yellen for being more “political” than his Democratic counterpart Hillary Clinton in Monday night’s heated presidential debate.
Is he right? Is the Fed political in any way, shape, or form?
Fed officials, the vast majority of political analysts,....more>>>