McDermott International (NYSE:MDR) is fast becoming one of my favorite picks in the oilfield services sector. The company’s ability to consistently add to its backlog is bringing a lot of certainty to its future earnings and cash flows. Even in the past two years, when the oil and gas companies have been under immense pressure, McDermott has been able to replace its backlog. As a result, the....More>>>
A few days ago, an article about Nike (NYSE:NKE) argued that “Nike’s shares aren’t priced to buy.” The reasoning was that “Nike is, at best, fairly valued. And it certainly isn’t trading hands at fire-sale prices.” The question is: should you expect (and wait for) fire-sales prices? Most value investors know the maxim that it is better to buy a great business....More>>>
If you’ve been looking at slumping stock charts and feeling dismayed, you’re not alone. It looks as if one of the best bull markets ever may be nearing its end.
That has investors turning to new sectors to find profits, and it could mean it’s time for you to invest in uranium.
Investing in commoditiesoffers significant profit potential that can boost your portfolio....More>>>
Only one small biotech is on the calendar for the week ahead as the annual mid-February lull has been drawn out slightly longer than expected. That said, four deals are able to launch on Monday, and another three become eligible the week after, including high-profile deals Zscaler (Pending:ZS) (eligible Monday, March 5) and Dropbox (Pending:DBX) (eligible Monday, March 12).
U.S. IPO Calendar
President Donald Trump has vowed to make child care in America cheaper.
But Trump’s current proposal, which he touted during his prime-time address to Congress Tuesday evening, will do little to help the working families who need the most relief. That’s according to a new analysis from the non-partisan Tax Policy Center.
Making child care more affordable is one of Trump’s....More>>>
Shares of one of the nation’s largest mortgage servicers plunged 54% Thursday after a government agency accused the company of failing its customers “at every stage” of the borrowing process.
The Consumer Financial Protection Bureau is suing Ocwen (OCN) Financial Corporation and its subsidiaries, accusing the company of “years of widespread errors, shortcuts, and....More>>>
AT&T Inc. (T) Chairman and CEO Randall Stephenson echoed the sentiments of other defense witnesses in the Department of Justice lawsuit to block the telecom’s purchase of Time Warner Inc. (TWX) , in testimony on Thursday.
“On its face, the premise is absurd,” Stephenson said of the government’s theory that AT&T would inflate the price of Turner content....More>>>
One of the most difficult aspects of trading is timing the market. Odds are if you have been in the market over the past nine years, most likely you made some money. This bull market began in March of 2009, and 24/7 Wall St. is looking back to see how some major blue chip stocks compared to the broad markets over this time.
Back on March 6, 2009, the S&P 500 bottomed out at 666.79, and....More>>>
How many days might you go without your mobile phone? My guess for most of the population would be zero days — and for most an hour or so would be taxing.
And how many days might you go without your internet connection? I mean cold turkey, no internet, no browsing, no video or music streaming? Again, for most people, the answer would likely be naught.
Folks are so tethered either....More>>>
Oil stocks might not normally be what you’d consider ideal stocks for retirement. Energy prices are notoriously volatile and cyclical, and those aren’t qualities you usually want to see in a retirement stock. I wouldn’t want the comfort of my golden years to hinge on the success of a wildcat oil driller. Sure, the payoff could be enormous. But you’re just as likely to....More>>>