The rupee ended mildly higher yesterday amid ranged movement. The currency may sustain gains as a sharp decline in crude prices may provide some cushion to increased risks of spiralling deficit The USD was sharply higher as US a
Yelp Inc (NYSE:YELP) stock heads into its Q1 report seemingly in good shape. YELP stock trades just off a three-year high and has a very healthy 90x forward EPS multiple. And that’s one of the reasons why Yelp earnings on May 10 could be dicey.
YELP is pricing in a lot of growth, even if, as I argued back in December, YELP stock isn’t quite as expensive as forward earnings multiples....More>>>
Here we go again. Activist investor Bill Ackman is calling for another company breakup as a means of “unlocking value.” The target this time? Government contractor United Technologies Corporation (NYSE:UTX). Owners of UTX stock have a right to be worried, not so much because Ackman is wrong (he may well be right), but because the activist investor and hedge fund manager can cause more....More>>>
The annual shareholders’ meeting of Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A; BRK-B) lived up to attendees’ expectations and provided a lot of fodder for analysts and journalists to chew over and dispute between now and the next annual meeting.
For example, are deep, wide moats still necessary to ensure a product’s success? Buffet thinks so, but Tesla....More>>>
Pick a small-cap biotech company, any small-cap biotech company, and you could be picking the winning lottery ticket if its cutting-edge research pans out. And if it doesn’t? Well, then you could end up like StemCells (STEM), which reported lackluster trial data and announced that it would be winding down. Maxim’s Jason Kolbert and Jason McCarthy explain:
European aircraft maker Airbus reported first-quarter results Friday morning, and the report was dominated by the company’s continuing problem: getting enough engines to deliver new A320neos to customers. The company’s revenues for the first quarter of the year totaled 10.1 billion (about $12.2 billion), down from 11.4 billion last year.
Airbus reported net new orders for 45 commercial....More>>>
The state of Colorado last week reported 2017 revenues generated by taxes, licenses and fees from state-legal sales of marijuana. Total revenues amounted to $247.37 million, an increase of nearly $54 million year over year.
Medical marijuana sales dipped by about 2.3% to $430 million, while recreational sales rose by 30% to $1.07 billion. Total sales rose by 19% year over year to $1.49 billion.
There doesn’t seem to be much that’s spooking investors these days. Ever-rising geopolitical tensions loom over a roiling White House and stymied Congress. Yet, the markets remain eerily calm. Volatility continues to be low and consumer sentiment is high. The market is widely considered to be pricey, but the extended bull market seems to be keeping investors pretty upbeat.
December 15, 2017: Markets opened higher again Friday and continue to put up gains throughout the day. All three major equities indexes posted new intra-day highs as all sectors traded in the green, led by financials and consumer staples. WTI crude oil for January delivery settled at $57.30 a barrel, up 0.5% for the day, but down 0.1% for the week. February gold added just 40 cents on the day to....More>>>
Gold gained Thursday, its fourth advance in the past five sessions, buttressed by anxiety ahead of a meeting between President Donald Trump and his Chinese counterpart Xi Jinping, which could shed light on future currency and trade interactions between the two powerful nations.
Gold slightly pared its gain as the dollar ....More>>>
While most of its fellow airline stocks were grounded last year, Hawaiian Holdings (NASDAQ:HA) soared to new heights. Shares of Hawaiian Airlines' parent company rose 61% during 2016, according to data from S&P Global Market Intelligence.
On May 9, wireless technology giantQualcomm(NASDAQ:QCOM) announced a new stock repurchase program for $10 billion of the company's shares. This program, the company said, replaces a previous buyback authorization that had $1.2 billion remaining (so the net increase in Qualcomm's buyback firepower
Editor's Note: Options are a great way to "insure" your portfolio against sudden price drops. With Tom's strategy, you can make markets pay for that "insurance," cutting your risk even more. Here's Tom…
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