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.
Among major pairs, the dollar ....More>>>
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>>>
TripAdvisor (TRIP) tumbled to the bottom of the S&P 500 today, a reversal of yesterday’s big gain following the news thatExpedia (EXPE) would participate in its Instant Booking program.
Agence France-Presse/Getty Images
TripAdvisordropped 5.1% to $46.28 today, while the S&P 500 declined 0.3% to 2,265.18.
In a note published yesterday, SunTrust Robinson Humphrey’s....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.
Rhino Trading Partners’....More>>>
Pick a small-cap biotech company, any small-cap biotech company, and you could be picking the winning lottery ticket if its cutting-edge research pans out. And if it doesn’t? Well, then you could end up like StemCells (STEM), which reported lackluster trial data and announced that it would be winding down. Maxim’s Jason Kolbert and Jason McCarthy explain:
Surprising news came....More>>>
Blue-chip companies rightfully make up the bulk of most people’s investment portfolios. These large-cap firms possess considerable industry leverage, as well as a vast sum of financial resources. Their status and importance to the underlying economy means that they are the least likely to crumble, regardless of external pressures. Ultimately, blue chips provide the confidence and stability....More>>>
William Patalon III
It was March 8, 1941 – a Saturday – and U.S. Navy Lt. j.g. Robert “Bobb” Stickel was penning a letter to his wife, Anna, who lived in San Diego with their 14-year-old son, Robert.
The elder Stickel was a career Navy officer who’d celebrated his 50th birthday just four days before. Stickel’s birthday, in fact, was the focus of....More>>>