Micron Tehcnology, Inc. (NASDAQ: MU) reported fiscal second quarter financial results after markets closed on Thursday. The company said that it had $0.90 in earnings per share (EPS) and $4.65 billion in revenue, compared with consensus estimates from Thomson Reuters that called for $0.85 in EPS and $4.64 billion in revenue. The same period from last year had a net loss of $0.05 per share and $2.93....More>>>
"Everyone here says Los Angeles is in a housing bubble," my friend in LA said to me this week. Is it true? Is American real estate in a housing bubble again, just like it was in 2006? The short answer is no – not at all. The smartest thing my friend could do is be bold, ignore "everyone in LA," make the contrarian choice, and buy a house (or....More>>>
The car industry is in the throes of a once-in-a-lifetime disruption towards electric vehicles, but traditional car companies—like General Motors—are, in my opinion, out of position. It’s a classic innovator’s dilemma. Instead of using capital to invest in the future (i.e. Gigafactories), it’s my belief that GM is squandering....More>>>
Tyler Technologies (NYSE:TYL) is a provider of information management software for the public sector, with a focus on small, local governments. TYL’s software applications and services are generally grouped in three areas: financial management and education; courts and justice; and property appraisal and tax.
The bull pitch is that TYL is focused on smaller governmental agencies that....More>>>
Shares of BioCryst Pharmaceuticals (NASDAQ:BCRX), a biotech company that develops small-molecule drugs to block enzymes involved in disease proliferation, surged as much as 12% today after a report was issued that a highly pathogenic H5N1 bird flu was found in the northern part of Malaysia.
According to a Reuters report, the World Organisation for Animal Health....More>>>
In a Schedule 13-G filing with the U.S. Securities and Exchange Commission (SEC) Tuesday morning, investment management firm Capital Research and Management Company subsidiary Capital Research Global Investors reported ownership of 139,981,480 shares of common stock in mining and independent oil & gas company Freeport-McMoRan Inc. (NYSE: FCX).
As of June 29, 2016, Capital Research Global....More>>>
Shares of construction materials leader Eagle Materials (NYSE:EXP) set new all-time highs earlier this year, although the stock’s recent surge was catalyzed by the announcement of fiscal second-quarter 2017 results in late October. At the time, the company set record revenues and more than doubled earnings per share from the prior-year period. That was followed by a new high watermark for....More>>>
Allergan (NYSE:AGN) is one of the many biotech stocks that has been beaten down in the last one and a half year. In this article I will indicate 4 reasons why I think the company and the stock can perform well in the future.
Reason #1: Diversified sources of revenue and rich pipeline
One of the characteristics that I like in Allergan is its rich portfolio of drugs. As we can see....More>>>
To understand Aflac (NYSE:AFL), the first thing you have to realize is that the company does much more than just offer supplemental insurance in the U.S. market. Aflac’s primary business is in Japan, where it serves a larger market and produces more of its revenue and profit than its domestic operations do. Coming into Tuesday’s fourth-quarter financial report, Aflac investors wanted....More>>>
I was reminded of this over the Thanksgiving break as I impatiently waited for that derby-winning fish to bite. As I sat there bobbing in the boat trying to stay warm in the sub-30 degree temperatures in the panhandle of northern Idaho, I realized that fishing is
With all the news about North Korea, Russia, Mueller, and Matt Lauer, it's easy to get overwhelmed and skim over some of the more interesting investment opportunities that are on the market these days. Take for instance Namaste Technologies Inc, (OTCBB: NXTTF) (CNSX: N.CN), a
A $300 million contract awarded to Whitefish Energy, a small Montana utility company hired to restore power in parts of Puerto Rico, is now under several government reviews after being mired in controversy in recent days.
The Department of Homeland Security's inspector general has launched an i
An accepted accounting practice is allowing around $13 trillion to 14 trillion of debt to be hidden from global corporate balance sheets, exceeding the roughly $10.7 trillion of declared debt, according to analysts from the Bank for International Settlements.
When I tell people of retirement age that I am an investment manager, their eyes often glaze over. I dont blame them. Given the inconsistent reputation of the investment profession from both a financial and compliance standpoint, t