EDITOR’S NOTE: Sam Collins will return on Feb. 21.
Based on nothing more than a quick glance at Monday’s action for the S&P 500 and the echoes of last week’s headlines (that stocks tore into record-high territory), it would be easy to decide to be a buyer. When one takes a step back though — and sees just how far we’ve come since November without a clear....More>>>
The Q4 2017 earnings report for small cap cloud storage stock Box Inc (NYSE: BOX) is scheduled for after the market closes on Wednesday (March 1st). The Companys financials have the dubious distinction of once being labeled a house of horrors in a Bloomberg interviewwithTrue Ventures Partner Om Malik. The last time around, Box Inc reported a smaller-than-expected loss as its efforts to attract customers....More>>>
I believe that 2017 will turn out to be a break-out year for Exxon Mobil (NYSE:XOM) as a combination of higher oil pricing and an increase in low-cost production will help the company deliver strong revenue growth. More importantly, as Exxon ramps up its production from its low-cost assets, it will witness a rise in its bottom line performance over the long run. As a result, investors can expect....More>>>
The U.S. dollar weakened against the pound and yen Monday, retreating from the sharp advance seen at the end of last week as investors looked ahead to closely watched meetings of the U.S. Federal Reserve and the Bank of Japan, which could influence currency prices.
Hariolf Kottmann, chief executive officer of Clariant AG,
On May 22, 2017, Boards of Directors of Huntsman Corporation (NYSE: HUN, $26.15, Market Capitalization: $6.3 billion) and Clariant AG (SIX: CLN, CHF 21.59, Market Capitalization: CHF 7.2 billion) announced a definitive agreement to combine in a merger of equals through an all-stock transaction. The transaction will create a....More>>>
For those who think it was a mistake to bring Joseph Papa aboard to restore the sinking ship of Valeant (NYSE: VRX), I tend to disagree. The days of buying out other companies, trimming their R&D to nothing, and raising the price of their existing drugs are long over. So a new strategy had to be developed: raising R&D spending. No one single analyst has made a mention of the huge boost in....More>>>
Can I take a tax deduction for my long-term-care insurance premiums?
Take Our Quiz: Is It Tax Deductible?
Maybe. If you have a tax-qualified long-term-care insurance policy, you may be able to deduct a portion of your premiums as a medical expense. (Most traditional long-term-care policies qualify, but ask your insurer.) You can deduct eligible out-of-pocket medical expenses only if you....More>>>
Stocks finished the week mixed despiteatrocious jobs data released Friday.
The S&P 500 finished little changed at 2,099.13 this week after declining 0.3% today, while the Dow Jones Industrial Average fell 0.4% to 17,807.06 this week after dipping today. The Nasdaq Composite rose 0.2% to 4,942.52 this week after dropping 0.6% today.
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For those investors near or in retirement, income remains the primary concern. After all, you need to turn decades of saving into a steady stream of paychecks to get you through your golden years. The problem is, years of zero interest policies have left many traditional income asset classes &m
U.S. stock futures are wavering around even this morning. Wall Street is digesting more political uncertainty out of Washington ahead of a slew of economic reports. Reports emerged yesterday that President Donald Trump has decided to replace national security advisor Lt. Gen. H.R. McMaster after