Two former ministers in Zimbabwe who are facing charges of criminal abuse of office have been granted bail by a magistrate.
Former Energy Minister Samuel Undenge and former Foreign Affairs Minister Walter Mzembi, who were arrested on Friday, were granted $300 and $400 bail respectively by Magistrate Elisha Singano in the capital, Harare. Singano ordered them to report to police once weekly and not to interfere with investigations.
Photographer: Salih Zeki Fazlioglu/Anadolu Agency via Getty Images
Mzembi is accused of donating television sets worth $2 million to churches; the government had bought them to promote the soccer World Cup in 2010.
Top 5 Heal Care Stocks For 2018: Cemex S.A.B. de C.V.(CX)
- [By Jon C. Ogg]
CEMEX SAB de C.V. (NYSE: CX) has had a rough year, with much of the ongoing trade war risks putting Mexico at risk due to NAFTA being renegotiated by the White House. There are even risks that NAFTA could be canceled. That would be bad news for a company like Cemex, with its large cement operations. Cemex is the third largest cement company in the world, based on its installed capacity, and it is considered to be the largest concrete company in the world.
- [By Paul Ausick]
Cemex SAB de CV (NYSE: CX) dropped about 2.7% Thursday to post a new 52-week low of $7.57 after closing at $7.78 on Wednesday. The 52-week high is $10.37. Volume was around 6.8 million, about 15% below the daily average of around 8.3 million. The Mexico-based cement company had no specific news.
- [By WWW.MONEYSHOW.COM]
Cemex SAB de CV (CX) is very interesting at these levels as it seems the market is pricing in a stronger dollar (thereby reducing revenue) and thus lower growth.
- [By Paul Ausick]
Cemex SAB de CV (NYSE: CX) traded down about 2.4% Wednesday and posted a new 52-week low of $7.03 after closing Tuesday at $7.20. The stock’s 52-week high is $10.37. Volume was around 9 million, about 10% below the daily average. The company had no specific news.
Top 5 Heal Care Stocks For 2018: Pebblebrook Hotel Trust(PEB)
- [By Marshall Hargrave]
The other key benefit for Strategic is that it enjoys industry-leading earnings before interest, taxes, depreciation and amortization (EBITDA) per available room. For 2012, Strategic generated $81 per room of EBITDA. Compare this to top comps LaSalle Hotel (NYSE: LHO) at $74 per room and Pebblebrook Hotel Trust (NYSE: PEB) at $71. The reason for this is that Strategic is much less reliant than its peers on rooms, with much greater exposure to food and beverages. Strategic earns 53% of its revenue from rooms, while its peers get around 66% of revenues from rooms.
Top 5 Heal Care Stocks For 2018: Williams-Sonoma Inc.(WSM)
- [By Peter Graham]
A long term performance chart shows mid cap Bed Bath & Beyond in a steady decline since around early 2015 while small capPier 1 Imports Inc (NYSE: PIR)has performed worst,small capRestoration Hardware Holdings Inc (NYSE: RH) is back up amidst volatility andmid capWilliams-Sonoma, Inc (NYSE: WSM)is backto breakeven:
- [By Lisa Levin]
Williams-Sonoma, Inc. (NYSE: WSM) shares dropped 15 percent to $44.94 after reporting third quarter results. The company also reported fourth quarter earnings guidance below estimates. Williams-Sonoma announced the purchase of 3-D imaging and augmented reality platform Outward, Inc. for $112 million.
- [By Steve Symington] Williams-Sonoma (NYSE:WSM)announced strong first-quarter 2017 results on Wednesday after the market closed. After initially climbing more than 8% on the news, shares of the home-furnishings retailer drifted lower, to fall a modest 1% as the company reaffirmed its full-year guidance.
Let’s take a closer look at how Williams-Sonoma kicked off the year, as well as what investors can expect from the company going forward.
IMAGE SOURCE: WILLIAMS-SONOMA/POTTERY BARN.
Top 5 Heal Care Stocks For 2018: SPDR Dow Jones Industrial Average ETF (DIA)
- [By WWW.MONEYSHOW.COM]
An easy way to profit from this bull market is to buy the ETFs that track these major averages – the SPDR Dow Jones Industrial Average ETF (DIA) and iShares Dow Jones Transportation Average ETF (IYT).
- [By Wayne Duggan]
As would be expected, the stock market tanked Tuesday, with the Dow Jones Industrial Average ETF (NYSE: DIA) down 2.2 percent and the SPDR S&P 500 ETF Trust (NYSE: SPY) down 1.7 percent in mid-day trading. The market leaders and laggards have been somewhat unexpected.
- [By Tom Gentile]
An ETF is a fund that tracks indexes such as the Dow Jones Industrial Average and the S&P 500. ETFs basically let you trade an entire sector instead of having to pick and choose specific stocks to trade within a sector. ETFs are also a great way for you to hedge against rising interest rates. When it comes to equities, a good ETF to monitor is the SPDR Dow Jones Industrial Average ETF (NYSE Arca: DIA). For bonds, the iShares 20+ Year Treasury Bond ETF (NYSE Arca: TLT) is a good way to gauge the bullishness or bearishness of the overall bond market.
- [By Elizabeth Balboa]
The SPDR Dow Jones Industrial Average ETF (NYSE: DIA) and the SPDR S&P 500 ETF Trust (NYSE: SPY) plunged 1.2 percent on the news, although it's worth noting that the markets had traded near these values Wednesday before riding a Thursday rally.
Top 5 Heal Care Stocks For 2018: Facebook, Inc.(FB)
- [By ]
Then you might have a feel for the kind of gauntlet Mark Zuckerberg ran through during a public Senate hearing as he was grilled over Facebook’s (FB) content, security, privacy and advertising policies. In addition to the Cambridge Analytica data leak, Zuck fielded questions on issues such as data collection, privacy controls, hate speech and political bias, as well as its views on regulation.
- [By Daniel Sparks]
In one survey, which polled marketers about the attractiveness of Snapchat, Twitter, Facebook (NASDAQ:FB), LinkedIn, Google, Yahoo, AOL, and YouTube, Snapchat’s return on investment (ROI) only outperformed AOL. Facebook led the pack with a score of 6.72 out of a possible eight points — a score that was about twice as high as Snapchat’s. Furthermore, Snapchat only earned marks higher than AOL.
- [By ]
In Tuesday’s Kass Insider I remarked that there are a number of factors contributing to my cautious near-term market view:
Narrow Market Leadership. We’re back to a market that’s basically led by the FAANGs — Facebook (FB) , Amazon (AMZN) , Apple (AAPL) , Netflix (NFLX) and Google/Alphabet (GOOG) , (GOOGL) . Facebook, Amazon, Apple and Alphabet are holdings in Jim Cramer’s Action Alerts PLUS. Rising Short-Term Interest Rates. The 2-year U.S. note yield is up about 1.3 basis points at 2.39%. Complacency. I’m seeing more investor complacency — anecdotally, in the business media and elsewhere — ever since market’s main indices rallied off of their recent lows. Gold. The rise in gold looks solid. I’m currently long the SPDR Gold Shares ETF (GLD) . Lackluster Banks. We’re seeing disappointing action in the financials. However, I continue to buy them. I’m long Bank of America (BAC) , Citigroup (C) , JPMorgan Chase (JPM) and Wells Fargo (WFC) , although I’m shorting Goldman Sachs (GS) .
- [By Money Morning Staff Reports]
The BABA IPO was held on Sept. 18, 2014, and with shares issued at $68, the IPO raised $21.8 billion. Alibaba became the biggest U.S. IPO in history, easily surpassing those of Visa Inc. (NYSE:V) and Facebook Inc. (Nasdaq: FB).