January 9, 2017: Markets opened mixed again Monday with the Nasdaq Composite showing a burst out of the gate while the S&P 500 and the DJIA opened lower. The Nasdaq even posted an all-time high of 5,541.08 early this afternoon. Techs were one of the only S&P sectors to post a gain Monday. The biggest loser was the energy sector which was weighed down by dropping crude prices. WTI crude oil....More>>>
Legendary investor Bill Miller is the former chairman and chief investment officer of Legg Mason Capital Management. He has been named fund manager of the decade by Morningstar and ranked as the top 30 most influential people in investing by SmartMoney. Below is an edited summary of his interview with The Investor’s Podcast where he talks about determining the intrinsic value of various....More>>>
The U.K. government has outlined plans to crack down on mega CEO salaries by giving shareholders and workers more control over compensation paid to top executives.
Prime Minister Theresa May is considering rules that would require companies to report CEO-to-worker pay ratios. The government is also looking at rules that would give shareholders the ability to veto executive pay packages.
Employers added 235,000jobs in February as mild weather and increased business confidence spurred strong hiring for a second straight month, almost certainly cementing a Federal Reserve rate hike next week.
The unemployment rate, which is calculated from a different survey, fell to 4.7% from 4.8%, the Labor Department said Friday, as a large increase in the labor force — the number....More>>>
Palo Alto – The crumbling of an empire
Is the headline of this session a bit dramatic? Regardless of the apparent sensationalism, I really think the results and the outlook describe an end of an era for this company that is akin to the crumbling of an empire. Palo Alto (NYSE:PANW) first emerged as a leading cyber-security vendor around 2009 when it started marketing next-generation....More>>>
Tyler Technologies (NYSE:TYL) is a provider of information management software for the public sector, with a focus on small, local governments. TYL’s software applications and services are generally grouped in three areas: financial management and education; courts and justice; and property appraisal and tax.
The bull pitch is that TYL is focused on smaller governmental agencies that....More>>>
Today, our Under the Radar Moversnewsletter suggested small cap restaurant stock Potbelly Corp (NASDAQ: PBPB) as a long/bullish trade for our long term portfolio:
Normally we’d hate restaurant stocks for the same reason we’d hate being in the restaurant business. That is, it’s a labor-intensive, capital-intensive business with minimal margins and low odds of sustainable....More>>>