Barclays reaffirmed their overweight rating on shares of Microsoft (NASDAQ:MSFT) in a research report sent to investors on Friday morning. Barclays currently has a $117.00 target price on the software giant’s stock, up from their previous target price of $108.00.
Onex (TSE:ONEX) had its price objective increased by Royal Bank of Canada from C$107.00 to C$108.00 in a research report sent to investors on Monday morning. Royal Bank of Canada currently has an outperform rating on the stock.
Several other equities research analysts also recently issued reports on the stock. Scotiabank lifted their price target on shares of Onex from C$102.00 to C$104.00....More>>>
Widows and orphans have had a tough few months. Long-term U.S. Treasury bonds – often cited as the safest investment on the planet and suitable for the most cautious investors – lost more than seven years' worth of income in just the past four months. Lending money to the U.S. government for 30 years in exchange for a 2% yield turned out not to be such a good idea.....More>>>
Virtually all companies talk about innovation. Only a few, like Tesla Inc (NASDAQ:TSLA), back up their claims with substantive results. But lately, TSLA hasn’t looked like the cocksure organization for which they’re renowned. With shares dropping more than 5.5% on Thursday, investors openly wonder: should I buy Tesla stock? Or is going short Tesla the safest action?
The stock market climbed sharply on Thursday, responding well to favorable earnings results from several corners of the market. Major benchmarks were up 1% to 2%, with particularly good performance from the Nasdaq Composite thanks to the tech sector’s outperformance during the day. Yet some stocks suffered from bad news that cast doubt on companies’ ability to benefit from generally....More>>>
Swooning markets Thursday cost the world’s 500 richest people $93 billion in net worth, and 20 of them lost at least $1 billion each.
Jeff Bezos, the world’s richest person, saw his fortune drop by $5.3 billion to $113.2 billion, according to the Bloomberg Billionaires Index, as his Amazon.com Inc. tumbled 4.7 percent on the day. Berkshire Hathaway Inc. Chairman Warren Buffett....More>>>
The fintech dLocal that specializes in cross-border payments for emerging markets, has integrated AliPay, UnionPay and WeChat Pay – China’s three major digital payments providers – into its platform. The addition for Uruguay-based dLocal with a US presence is touted as enabling global merchants to reach some “300 million Chinese consumers.”
There will be a buying opportunity in Exxon Mobil (NYSE:XOM), but it isn’t today. I’m looking at a live feed of the futures market right now and crude oil, via the WTI is down about 4%, with the Brent showing a similar plunge. At the end of the day, Exxon’s strength comes from high crude oil prices and while they’re one of the best companies in the space – and a heavily....More>>>
JP Livingston is a retiree living in New York City. She lives frugally, and she and her husband and dog share a 325-square-foot apartment. There’s just one key factor that separates her from the rest of the retired population of NYC: She retired at 28.
JP (a pen name she goes under on her blog, TheMoneyHabit.org) graduated Harvard in 2009 and went on to work....More>>>
Ingevity (NYSE:NGVT) had its price target increased by Loop Capital to $89.00 in a research note published on Wednesday. The brokerage currently has a $90.05 rating on the stock. The analysts noted that the move was a valuation call.
A number of other analysts have also weighed in on the
BP, (BP) gets a lot of interest from investors, and has a lot of articles written about it. Many of these articles feature the generous dividend the company pays, upon which many retirees rely for income. Other articles feature the depressed stock price relative to its cohort group,
The S&P 500 Consumer Staples Index has tanked 6% over the past month amid mixed first-quarter earnings from the group's biggest names. For some on Wall Street, Coca-Cola's (KO) report card disappointed in the area of pricing power both in the U.S. and Eur