The past year was a rough one for Discover Financial Services (NYSE:DFS) shareholders. In 2018, Discover’s stock price fell 23% and, though it has made up some of those losses this year, it is still well off its all-time high set early last year. Most frustrating for Discover shareholders, perhaps, is that the company performed fairly well throughout this period, even as its stock suffered.....More>>>
Indian market managed to close on positive note after it seen some selling pressure at the start of week on the back of rupee depreciation, higher crude prices and worries over trade war between the United States and China.
For the week, Sensex ended lower by 255 points (0.66 percent), while Nifty shed 91 points (0.78 percent) at 11,589. Nifty Bank ended down 2 percent at
Boeing investors lost $26.6 billion in the first two trading days this week following the deadly crash of one of its popular 737 Max 8 jets in Ethiopia.
Boeing’s shares slid 11 percent from $422.54 Friday to $375.41 at Tuesday’s close before turning positive Wednesday morning. The share slide cut its market value from $238.7 billion to $212.1 billion over Monday and Tuesday as....More>>>
Toyota is recalling about 2.4 million hybrid cars worldwide that could stall while driving.
The Japanese automaker said Friday that the recall affects about 807,000 Toyota Prius cars in the U.S. It covers certain 2010 to 2014 Prius hybrids and certain 2012 to 2014 Prius V hybrids.
The defect occurs in “rare situations,” Toyota said. It involves the vehicle failing to “enter....More>>>
This is a continuation of my first article on TransDigm (NYSE:TDG). Also, I suggest you read Citron’s article to provide the proper context.
Part 2 focuses on the micro/specific risks that may affect the ability of TDG to generate free cash flow, including:
Estimation of Market Segment Gross Margins
Market Segment Risks
Channel Stuffing Claims
Wall Street brokerages forecast that Amdocs Limited (NASDAQ:DOX) will report $1.03 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for Amdocs’ earnings. The lowest EPS estimate is $1.03 and the highest is $1.04. Amdocs reported earnings per share of $0.95 in the same quarter last year, which suggests a positive year....More>>>
Medical marijuana legalization could be the solution to America’s ongoing opioid epidemic, and that could unlock better than 85% profits for savvy investors…
“You don’t need me to tell you that we’re in the middle of a huge and growing opioid crisis. I’m almost certain you’ve seen the statistics – and you’ve likely seen the evidence....More>>>
It isnt every day that traders cut one of the FTSE 100s blue chips in half.
That plunge in Micro Focus Internationals shares
Following the release of the Dodd-Frank Act supervisory stress test 2017 (DFAST 2017) results last week, the Federal Reserve approved the capital plans of all 34 financial institutions participated in the Comprehensive Capital Analysis and Review (CCAR).
Wells Fargo & Company (NYSE:WFC), Citigroup Inc. (NYSE:C), Fifth Third Bancorp (NYSE:FIT), Comerica Incorporated (NYSE:CMA), KeyCorp....More>>>
So far, 2018 hasn’t been a great one for the S&P 500, which is up in the low single digits through the first five months of the year. However, it’s been even worse for industrial icon General Electric Company (NYSE:GE) and utility giant Dominion Energy, Inc. (NYSE:D), which are down around 20% each over the same time span. Are these two high-yield stocks worth buying on this weakness?
Warren Buffett bought an additional 75 million Apple(NASDAQ:AAPL) shares for Berkshire Hathaway’s(NYSE:BRK-A)(NYSE:BRK-B) stock portfolio, and recently indicated that he may buy even more.
In this Industry Focus: Financials clip, Michael Douglass and Matt Frankel parse Buffett’s reasoning for Berkshire’s massive Apple investment.
A full transcript follows the video.
Brokerages predict that Cyberark Software Ltd (NASDAQ:CYBR) will report earnings of $0.24 per share for the current quarter, Zacks reports. Eight analysts have made estimates for Cyberark Software’s earnings. The lowest EPS estimate is $0.23 and the highest is $0.25. Cyberark Software reported earnings per share of $0.21 during the same quarter last year, which suggests a positive year over....More>>>
Equities analysts expect Seagate Technology PLC (NASDAQ:STX) to post sales of $2.81 billion for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for Seagate Technology’s earnings, with estimates ranging from $2.80 billion to $2.81 billion. Seagate Technology posted sales of $2.41 billion in the same quarter last year, which suggests a....More>>>
Women are expected to control two-thirds of private wealth in just three years, and yet not even a third of personal financial advisers these days are women: that could be a problem.
The financial services industry is known to lack diversity theres a significantly small portion of minority advisers (6% are black, 7.7% are Asian and 7.1% are Hispanic), and not many more are women 31.6% of....More>>>
In no uncertain terms, Snap’s (NYSE:SNAP) first shot at hardware was an utter disaster in just about every way imaginable. Snap ordered far too many units, which resulted in inventory writedowns and other costs associated with canceling its purchase commitments with suppliers. Meanwhile, the company also lost money on each unit sold, and the product failed to generate any type of meaningful....More>>>