Procter & Gamble (NYSE:PG) is one of the world’s largest producers of consumer packaged goods. Despite the company’s share price movement followed an upward trend since the beginning of this year (see Picture 1), P&G’s performance leaves much to be desired. On the one hand, the company’s revenues are negatively affected by macroeconomic conditions, and mainly currency....More>>>
Apple CEO Tim Cook (L) and FBI Director James Comey have been asked to testify before Congress about their views on breaking into an encrypted iPhone. U.S. lawmakers have asked Apple CEO Tim Cook to testify about his company’s stance on refusing to help law enforcement unlock iPhone’s encryption technology.
The House Energy and Commerce Committee said the issue has come to....More>>>
Markets rose slightly on Wednesday, taking the Dow and S&P 500 very close to all-time highs. The banking and energy segments were the most benefited from the recuperating oil prices, which rose more than 3.15 percent today.
The S&P 500 Index closed up 0.08 percent, with Discover Financial Services (NYSE: DFS), up 8.14 percent on its earnings, and Chesapeake Energy Corporation....More>>>
Urban Outfitters, Inc. (NASDAQ: URBN) reported fiscal first-quarter financial results after markets closed Tuesday. The company said that it had $0.10 in earnings per share (EPS) and $761 million in revenue, versus consensus estimates from Thomson Reuters that called for $0.16 in EPS and $769.81 million in revenue. The same period from last year had $0.25 in EPS and $762.58 million in revenue.
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If your new year’s resolution is to buy your first home in 2017, then you’ve got your financial work cut out for you. It goes without saying that a brand-new real estate investment will be one of the biggest commitments in your investment portfolio. And of all your investments, it will certainly require the most effort to maintain. Nonetheless, the return on investment....More>>>
7 Top Online Brokerages: Kiplinger
OMB Approves 18-Month Fiduciary Rule Delay, With Change
Its Not Them, Its You: Millennials Demand a New Business Model
A week after the Labor Department filed to begin a 15-day comment period regarding the 18-month delay of its fiduciary rule’s most onerous provisions, Sen. Elizabeth Warren, D-Mass., is urging Labor Secretary Alexander....More>>>
Gold prices climbed toward $1,300 level on Monday, logging their highest finish in nearly 11 weeks, with investors flocking to the perceived safety of the precious metal as the war of words between the U.S. and North Korea returned to the fore.
Copper futures, meanwhile, saw highest levels since November 2014, boosted by expectations for stronger demand from China.
Gold for December....More>>>
Wednesday was an up-and-down day for the stock market, which lost substantial ground early in the day only to climb back toward the unchanged mark by the end of the session. A slight rise for the Dow Jones Industrials led to yet another record-high close, and although other major market benchmarks weren’t quite as lofty, they nevertheless finished with only modest losses on the day. Generally....More>>>
I expect AT&T (NYSE: T) to perform in line with its peers. I believe there could be further upside from DTV synergies and the Mexican mobile investments as the company’s foray into major Latam markets presents a diversification away from the uncertainties of U.S. wireless competition. I have a $44 price estimate for AT&T, which is about 15% ahead of the current market price.
April 24, 2017: Markets opened higher Monday following a first round of voting in France that appears at least to maintain both the EU and the currency union. The financial sector traded more than 2% higher near the end of Monday’s trading with real estate and telecom the only sectors showing losses for the day. WTI crude oil for June delivery settled at $49.23 a barrel, down 0.8% on the day.....More>>>