In July 2016, the world and financial markets were still in shock from Great Britain’s vote to withdraw from the European Union. It was a watershed moment for the open market — or perhaps a catastrophic flash flood, and at the time, Motley Fool co-founder David Gardner offered listeners to the Rule Breakers podcast a sampler of five stock recommendations that he felt had some Brexit....More>>>
Customers browse produce for sale while shopping on the opening day of the 365 by Whole Foods Market store in the Silver Lake neighborhood of Los Angeles, California. (Photographer: Patrick T. Fallon/Bloomberg)
The hedge fund that prodded grocery giant Safeway off the market has a new grocer in its crosshairs: Whole Foods.
Shares of Whole Foods are surging more than 10%....More>>>
Yext (NYSE:YEXT) updated its second quarter earnings guidance on Thursday. The company provided earnings per share guidance of ($0.13)-(0.11) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.12). The company issued revenue guidance of $53-54 million, compared to the consensus revenue estimate of $53.77 million.Yext also updated its FY19 guidance to ($0.45)-(0.43)....More>>>
Oil futures set off on a positive start Monday as the first decline in U.S. oil-drilling activity since January gave the market a fresh tailwind after seven-consecutive sessions of price gains.
The drop in Baker Hughes weekly count, coming after a record 23-straight weeks of rising numbers of active rigs, helped stoke sentiment that shale producers may have hit a bottleneck amid prolonged....More>>>
May 18, 2018: Markets opened lower again Friday and while the Dow hugged the break-even line all day, the S&P 500 and the Nasdaq Composite remained in the red for the entire trading session. U.S. trade talks with China have hit a bump in the road and negotiations with Mexico and Canada on revisions to NAFTA missed a deadline of sorts Thursday. Friday’s best performing sector was industrials,....More>>>
Turkey’s President Recep Tayyip Erdogan met central bank Governor Murat Cetinkaya on Wednesday following an earlier briefing where a larger group of policy makers were present, according to three officials with knowledge of the matter.
The officials provided no information about the substance of the one-on-one meeting, but it came as Turkey’s lira and bonds weakened to near-record....More>>>
The first-quarter earnings reports for S&P 500 companies are pretty much in the books as I write this. The results, for the most part, were overwhelmingly positive, which leaves investors with the difficult task of picking stocks to buy.
Fact A: According to Factset Research Systems Inc. (NYSE:FDS), with 91% of the S&P 500 companies reporting earnings in Q1 2018, 78% delivered....More>>>
Every stock comes with some risks. Even the most dominant company can fade into irrelevance over the long term if too many things go wrong, or if its competitive advantages disappear. Predicting the future is hard, and getting it wrong can be disastrous for your portfolio.
There are some companies, though, that have better shots than others at continuing to thrive over the next 12 years.....More>>>
Goldman Sachs says it’s about to take a big hit from the massive overhaul to the U.S. tax code.
The investment bank forecast that changes to American tax rules will knock $5 billion off its profit in the final quarter of 2017.
Goldman (GS) said the majority of the $5 billion hit will come from a “repatriation tax,” which is a new one-time tax on the cash it hold....More>>>
Sandwich Generation GenXers talking to their parent about the future. Photo courtesy of Shutterstock.
Today’s 75.4 million Millennials will near retirement age in 30-40 years, and today’s GenXer in about 15-25 years. If you’re like many of my clients, you’re starting to seriously think about your own financial planning. And with so many Boomers ill-prepared....More>>>