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>>>
Shares of casino operators have been on the rise after news broke that monthly gaming revenue in Macau increased for the first time since May of 2014, likely driven mostly by new openings. The news sent shares of Las Vegas Sands (NYSE:LVS) up 7.4%, shares of Melco Crown Entertainment (NASDAQ:MPEL) up 8.7%, shares of Wynn Resorts (NASDAQ:WYNN) up 3.4%, and shares of MGM Resorts (NYSE:MGM) up 2.9%....More>>>
The stock market gave up ground on Tuesday, but investors saw major benchmarks recover from their worst levels of the day to finish down less than half a percent. Early in the day, poor earnings results from blue chip components of the Dow Jones Industrials weighed on market sentiment, and ongoing uncertainty about whether the Trump administration will be able to deliver on promised government reforms....More>>>
Bookstores recorded first increase in sales since 2007. In the book publishing world, what’s old is new again.
Data from the U.S. Census Bureau shows that bookstore sales rose by 2.5% from $10.89 billion to $11.17 billion in 2015, the first such increase in the industry since 2007.
The figures were reported by Publishers Weekly, which also noted that eBook sales declined....More>>>
This week, small cap gaming stock SPYR Inc (OTCQB: SPYR) announced the addition of Home Makeover 4, a game being co-published with Tamalaki on iOS devices thats intended to targetpotentially overlooked gaming demographic: Female gamers.Back in 2014,the Internet Advertising Bureau published a study finding that 52% of the gaming audience is made up of women. Yet, there continues to be astereotype....More>>>
Three-dimensional printing has been the topic of discussion for much of the last four to five years, with the majority of this debate being focused on what changes 3-D printing might bring to our daily lives. Discussions have ranged from health care to manufacturing to even redesigning and producing 3-D printed cars. This is all great talk, but while many uses have been covered already, there is....More>>>
The trailer for Becoming Warren Buffett has arrived, and it features the Oracle of Omaha talking about cutting back his spending when stocks are falling.
The storied investor says he opts for cheaper McDonalds ....More>>>
UBS analyst Brennan Hawken and team explain why they initiated Wells Fargo (WFC) with a Sell rating today:
Andrew Harrer/Bloomberg News
We see risks to Wells Fargo’s revenue growth and credit performance, which coupled with a valuation on the high end of peers and consensus estimates that have not come down much, putsWells Fargo shares at risk of underperformance in our view.....More>>>