Gold prices finished in negative territory Monday as the dollar strengthened and as investors favored assets perceived as risky over so-called havens.
Gold has been plagued by a downbeat tone in the wake of recent signals from the Federal Reserve for at least one more increase to interest rates this year in what has been interpreted as an upbeat outlook on the worlds No. 1 economy. That view....More>>>
Never a boring day — that’s been the de facto mantra of the administration of President Donald Trump. But over the weekend, he may have taken things a bit too far. In a series of tweets, Donald Trump accused his predecessor, former President Barack Obama, of wiretapping his phones. A day later, the White House called for a congressional investigation as to whether Obama meddled in last....More>>>
ABR Investment Strategy’s Bradley Gastwirth argues that even the most bullish analysts will have to raise their estimates if Tesla Motors (TSLA) gets anywhere near its new production targets:
A Tesla Motors Model 3 Reuters
The biggest questions on investors minds:
-Will the company achieve these ambitious targets? Our view: It is certainly more important to have demand outweigh....More>>>
Baird’s Mircea Dobre and Joseph Grabowski contend that recent coal bankruptcies from the likes of Peabody Energy are, in fact, good news for Joy Global (JOY). They explain why:
Rhiannon Hoyle/The Wall Street Journal
Maintain Outperform rating following travel with T. Doheny (CEO). Mr. Dohenys message focused on the company executing well in a tough environment, often stressing....More>>>
How’s the economy doing? The answer may depend on who you voted for.
At first glance, Americans appear to have gained significant confidence since the conclusion of the deeply-polarizing election of Donald Trump.
The University of Michigan said on Friday that its index of consumer sentiment was higher during the past three months than at any time since March 2004. Trump has been....More>>>
It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.
– Warren Buffett
What is a wonderful company, and what is ‘quality’ from an investing standpoint? The most constructive definition to address these questions....More>>>
Over the years, I’ve found that if investors just stay away from a few bad mistakes, profits will soon find them, asserts value investing expert Charles Mizrahi, editor of Hidden Values Alert.
Unlike the New Year’s resolutions that many find so hard to keep after only a few weeks, like exercising every day or shedding a few pounds, these mistakes are very easy to avoid.
UBS analyst Michael Lasser and team ask when the acquisition of Jet.com will be profitable for Wal-Mart Stores (WMT):
To size the impact to Wal-Marts P&L, we assume Jet achieves $1b in GMV over the next 12 mos & its 3P commissions are ~10%. This implies ~$400m in rev. Also, we est. a gross margin of 20% (assuming a ~10% GM on 1P & ~75% on 3P). News reports....More>>>
Medical device company Endra Life Sciences (NDRA) wants to sell 2 million shares at an expected price of $5.50 per share to raise $11 million in its IPO.
The company is developing enhanced ultrasound technologies that promise to expand the range of treatment options for a variety of indications.
While Endra has a one-year collaboration agreement with GE Healthcare,....More>>>