Teen retailer Tilly's (TLYS) saw its stock get crushed after the company reported really ugly holiday quarter numbers. The company missed on both the top and bottom lines, while delivering comparable sales growth that was well short of expectations. The margin expansion narrative also lost some
Kuwait is weighing plans to sell dollar-denominated bonds, according to people familiar with the matter, joining other Gulf Cooperation Council states also said to be considering sales.
Officials from the oil-rich Gulf nation have held talks with banks about the possibility of a sale as soon as the first quarter, two of the people said, asking not to be identified as the discussions are private.....More>>>
Following past boom/bust cycles, the oil business appears to have bottomed in February 2016 at $27 a barrel. The bruising multi-year bust in crude oil prices was the biggest reason for the world stock market sell-off from late 2015 to early 2016 of roughly 15% overall. The cruel irony of ultra-low prices is its disruptive effect on regular exploration activity. A short-term oil market depression....More>>>
Many Americans struggle to pay down their credit card debts, a challenge exacerbated by the holidays when credit card spending balloons. The Federal Reserve estimates that nearly half of U.S. households are unable to pay their credit card bills in full each month. These households owe an average of more than $15,000 spread across an average....More>>>
No matter how microprocessor giant Intel (NASDAQ:INTC) tries to spin it, Moore’s Law is dead.
For those unfamiliar with Moore’s Law, it essentially says that every two years or so the company would develop new chip manufacturing technologies that allowed its product development teams to cram in far more transistors (and therefore features) into new products while keeping overall....More>>>
Procter & Gamble (PG) gave up its early gains and was trading lower Tuesday, despite reporting better-than-expected third-quarter earnings.
P&G said it earned 86 cents a share on revenue of $15.76 billion, while analysts were expected 82 cents a share on $15.82 billion. Its guidance for the fourth quarter and full year were in-line with expectations but still....More>>>
Cigarette seller Altria (MO) is supposed to be a nice, safe consumer staple stock. So why is it down more than 3% today when the stock market is rallying? And why are other tobacco companies like Reynolds American (RAI) and Phillip Morris International (PM) also getting hammered? Wells Fargo’s Bonnie Herzog has an idea:
Weve fielded numerous questions today given the....More>>>
With the markets trading near historic levels at the start of 2017, investors are looking for the best investments when the market is high.
The Dow Jones Industrial Average was just 13 points shy of 20,000 last week and climbed more than 13% overall in 2016. These gains have been largely fueled by the “Trump effect,” a positive economic outlook, and the December rate hike....More>>>
Stocks rallied sharply last week; the S&P 500 as represented by the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) rallied 1.74% last Friday to finish off the week higher by about 3.50%. The PowerShares QQQ Trust (ETF) (NASDAQ:QQQ) rallied more than 4% and closed the week at fresh
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A global leader in the medical device coating industry, Surmodics (SRDX) has been lately in the news and all for the right reasons. Since a few years back, the company has been trying to move away from just being a provider of coating technologies to medical device companies. Instead, the curre
According to Wall Street company, South West Airlines may be following Warren Buffett's shopping list.
Hunter Keay of Wolfe Research sent a letter to the customer on Friday. Mr. Warren Buffett recently bought the whole airline company and said, "Using the BRK historical acquisition pattern as a g
Due to the low price and high volatility, many investors have refrained from talking about penny stocks. However, the right penny stock offers great profit potential. This is why we bring you our two top stocks.
You know, penny stocks give investors the opportunity to make huge profits with very