When fear and volatility rear their ugly heads, investors will traditionally turn to more conservative investments — such as gold. Presumably, this is what happened during the bitterly fought presidential campaign. In 2016, the price of gold, which ended the year up about 8%, had climbed as much as 28% at one point.
Similarly, many gold stocks enjoyed quite the ride last year —....More>>>
Third Point, the activist fund run by Dan Loeb, exited a series of high-profile positions during the first quarter, including stakes in Honeywell International Inc., Time Warner Inc., MGM Resorts International and U.S. mall owner Macerich Co.
The New York-based hedge fund also added a position in Wynn Resorts Ltd., according to a regulatory filing Tuesday. The Las Vegas-based casino company’s....More>>>
Investors have to be proactive instead of reactive. Personally speaking, when I’m reactive, I consider it to border on failure. Instead, I always try to be proactive.
With heightened uncertainty in the equity markets across the globe, S&P at its highs and increased volatility in crude prices over the last months, many investors are trying to find the next big thing with relatively....More>>>
Related XLF Gary Cohn, Trump's Top Economic Adviser, Supports Split Of Lending And Investment Banks Steve Sosnick's Financial ETF Trade CHURCHILL MANAGEMENT Corp Buys Vanguard Materials ETF – DNQ, SPDR Select Sector Fund – Health … (GuruFocus)
Related SPY 'Adjusting To The Trump Era': Fed Raises Interest Rates By 25 Basis Points, Sees 3 Hikes In 2017 The Dow At 20,000: Does It Mean Anything? IUSV: Here's How This ETF Will Change When It Switches Benchmarks (Seeking Alpha) Related FXI China Markets Open Lower; U.S. Fed Meeting In Focus....More>>>
Carl Icahn, the billionaire investor who has been laying siege to corporate boards for decades, will be named special adviser to Donald Trump on overhauling regulations, according to a person familiar with the matter.
For years, Icahn considered himself the ultimate outsider, painting his role as storming corporate castles run for country club executives by traversing moats and battling the....More>>>
It has been 12 long years sinceSears Holdings(NASDAQ:SHLD)Chairman and CEO Eddie Lampert merged what was once the world’s largest retailer with Kmart in an attempt to build a retailer capable of competing not just with Wal-Mart but also with the likes of Macy’s and J.C. Penney. While at first hailed as a stroke of genius, the combination has been a disaster. Store traffic and total sales,....More>>>
Wall Street brokerages expect Acacia Communications, Inc. (NASDAQ:ACIA) to report sales of $63.63 million for the current quarter, according to Zacks. Six analysts have made estimates for Acacia Communications’ earnings. The highest sales estimate is $66.52 million and the lowest is $63.00
As Chinese trade tensions and national security fears continue flaring, there could be consequences for U.S. tech companies even if -- as might very well be the case -- some kind of compromise is ultimately reached on tariffs.
We got a taste of such fallout on Monday, when several chipmake
Starbucks will close all its company-owned coffee shops in the U.S.and its corporate offices during the afternoon of May 29 to conductracial-bias training foremployeesfollowing the arrest oftwo African-American men at one of its locations in Philadelphia last week.
Zimmer Biomet Holdings Inc (NYSE:ZBH) announced a quarterly dividend on Thursday, June 14th, RTT News reports. Investors of record on Friday, June 29th will be given a dividend of 0.24 per share by the medical equipment provider on Tuesday, July 31st. This represents a $0.96 dividend on an annua
Shares of Starbucks (NASDAQ:SBUX) plunged more than 10% last week, after the company cut its full-year earnings guidance and warned investors that comp sales growth will be near 1% in the current quarter.
Management pointed to several contributing factors behind the slowdown. These inclu