The market was quick to bring out the knives after Applied Materials(NASDAQ:AMAT)released mixed-bag fiscal second-quarter results in mid-May. Investors apparently ignored the company's terrific top- and bottom-line growth, while letting concerns about slowing smartphone sales and the company's te
Given the important role Social Security will eventually play in so many future retirees' lives, you'd think more people would have a basic knowledge of how the program works. But recently, as many as 72% of Americans could not pass a basic quiz on Social Security. That lack of knowledge, however
U.S. banks reduced their holdings of state and local government bonds for the first time since 2009 after the federal government slashed corporate tax rates, making the securities less valuable to one of the market’s key buyers.
Figures released by the Federal Reserve Thursday show that the lenders’ holdings of municipal debt dropped by $15.8 billion during the first three months....More>>>
Soci茅t茅 G茅n茅rale will pay more than $860 million in fines for bribing Libyan officials and manipulating a benchmark lending rate.
Between 2004 and 2009, the French bank paid $90 million in bribes to a Libyan broker, who then paid Libyan officials, the US Justice Department announced Monday. The scheme allowed Soci茅t茅 G茅n茅rale to score 13 investments from Libyan banks and....More>>>
Commerce Bank grew its stake in Pfizer Inc. (NYSE:PFE) by 17.1% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 3,177,243 shares of the biopharmaceutical company’s stock after acquiring an additional 463,796 shares during the period. Pfizer comprises 1.5% of Commerce Bank’s investment portfolio, making the stock its 8th biggest holding.....More>>>
Norinchukin Bank The lifted its holdings in Roper Technologies Inc (NYSE:ROP) by 15.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,423 shares of the industrial products company’s stock after purchasing an additional 1,238 shares during the period. Norinchukin Bank The’s holdings in Roper Technologies....More>>>
"Shark Tank" star Kevin O'Leary visited Benzinga HQ yesterday. He loves his Tesla (NASDAQ: TSLA) car, but hates the stock: Link
Analyst Ivan Feinseth of Tigress Financial doubts customers will be dissuaded from visiting Starbucks (NASDAQ: SBUX) after announcing a new “Third Place Policy” allowing anyone to use their cafes regardless of intent....More>>>
Retirees interested in the security of guaranteed income often turn to immediate annuities, which provide regular payments that begin right away in exchange for a lump-sum investment. In recent years, that guarantee has come at a price: Low interest rates have depressed monthly payments. But rates have begun to move up and are expected to climb higher. Annuity payouts are rising, too.
Energen (NYSE:EGN) has been given a $79.00 price objective by research analysts at Williams Capital in a note issued to investors on Tuesday. The firm currently has a “buy” rating on the oil and gas producer’s stock. Williams Capital’s target price points to a potential upside of 24.06% from the stock’s current price.
EGN has been the subject of several other....More>>>
Canada’s purchase of Kinder Morgan Inc.’s embattled pipeline is good news for the oil patch, so long as it doesn’t become the norm.
While the $3.5 billion Trans Mountain takeover keeps alive a project seen as critical to expanding markets for Canada’s crude and improving the price oil-sands producers get paid, it also reveals how key infrastructure projects can....More>>>
Saudi Arabian Oil Co. and Total SA are weighing jointly buying businesses such as Tas’helat Marketing Co. to gain access to networks of retail fuel stations in the Gulf kingdom, according to people with knowledge of the matter.
The state-owned company, known as Aramco, and the French oil giant are also looking at a range of options from consolidating some service stations to potentially....More>>>
Russia’s Central Bank wary of crypto-currency. But authorities moving ahead with developing this part of the fintech market in Russia. (Shutterstock)
Although the National Settlement Depository (NSD) of the Moscow Stock Exchange is working on building the infrastructure to allow for bitcoin and other digital currency trading on the exchange someday, Russia’s central bankers still....More>>>
Oil has been on a rollercoaster ride, making and stealing fortunes for and from speculators. Since mid-June, oil has plunged approximately 60%, which has been due to oversupply and slowing global economic growth, the latter of which leads to reduced demand. Earlier this year Feb. 11 to be exact oil hit a low of $26.05/barrel. Some economists and analysts feel as though the $30/barrel level can....More>>>
Energy Storage Agreements (ESAs) will upend the coal generating business. I have been traditionally skeptical of the concept pushed by greenies that wind and solar will replace coal and nuclear fuel, and that all we need are windmills and solar panels for as far as the eye can see. Their biggest challenge is the intermittent nature of their generating footprint vs. the grid’s base load requirements....More>>>
What happened to Boeing Co. (NYSE: BA) on Friday is like one of those NFL games where one team piles up yardage and time of possession only to lose the game because the other team scored on a last-minute Hail Mary. The U.S. International Trade Commission (ITC) voted unanimously that Boeing was not harmed by the sale of 75 Bombardier CS100s to Delta Air Lines in early 2017 and that tariffs amounting....More>>>
Bread (CURRENCY:BRD) traded 10.1% lower against the U.S. dollar during the 24-hour period ending at 15:00 PM ET on May 6th. Bread has a market cap of $73.13 million and approximately $1.09 million worth of Bread was traded on exchanges in the last 24 hours. One Bread token can currently be purch
There is more to learn from Texas Instruments and Central California Electronics situations. When I originally acquired these Texas Instrument shares in the summer of 1995, they were bought for the longest type of long-range investment. It seemed to me the company fully warranted this d
Liberty Broadband Corp Series C (NASDAQ: LBRDK) and Roku (NASDAQ:ROKU) are both consumer discretionary companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, risk, institutional ownership, profitability, earnings