Banks are seeing significant returns, with some outperforming the market indices in 2016. With the market currently in consolidation and President-Elect Trump close to beginning his term, investors are on the sidelines waiting for clearer indicators of what is to come in 2017 as well as during Trump’s remaining time in his term. The question remains whether the banking sector has been curtailing....More>>>
Mckinley Capital Management LLC Delaware raised its stake in Logitech (NASDAQ:LOGI) by 7.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 30,741 shares of the technology company’s stock after acquiring an additional 2,017 shares during the period. Mckinley Capital Management LLC Delaware’s holdings....More>>>
A Las Vegas judge will now allow claims against certain members of Wynn Resorts Ltd.’s board to go forward in the long legal battle with ousted director and shareholder Kazuo Okada.
The ruling Monday by Nevada District Court Judge Elizabeth Gonzalez reverses an earlier decision that would have prevented claims against the directors based on their 2012 vote to remove Okada from the....More>>>
Our Top Pick for income is an MLP operating in two of the most prolific and economic shale fields in the US — the Permian Basin of West Texas and New Mexico and the STACK/SCOOP fields of Oklahoma, observes Elliott Gue, editor of Energy and Income Advisor.
EnLink Midstream Partners (ENLK) is sponsored by independent oil and gas exploration giant Devon Energy (DVN), the owner of this....More>>>
A few days ago, an article about Nike (NYSE:NKE) argued that “Nike’s shares aren’t priced to buy.” The reasoning was that “Nike is, at best, fairly valued. And it certainly isn’t trading hands at fire-sale prices.” The question is: should you expect (and wait for) fire-sales prices? Most value investors know the maxim that it is better to buy a great business....More>>>
Don’t look now, but the S&P 500 is having its third-best year in the past decade, which is amazing when you consider we’ll be entering the tenth year of the bull market in March. It’s a big indication the 2008 financial crisis is clearly in the rearview mirror, making it very difficult to find cheap stocks to buy.
Many investors believe the popular narrative that Amazonis crushing brick-and-mortar retailers. The e-commerce titan certainly humbled plenty of them, but some retailers continue to expand by opening new stores.
The top three dollar store chains in America, for example, opened more than 1,800 stores last year. Dollar General (NYSE:DG) led the pack, followed by Dollar Tree (NASDAQ:DLTR) and....More>>>
Dallas, TX, based Investment company Adams Asset Advisors, LLC buys JM Smucker Co, Schlumberger, Universal Corp, Enbridge Energy Partners LP, National Bank of Greece SA, Tahoe Resources Inc, Kinder Morgan Inc, Big 5 Sporting Goods Corp, Tile Shop Holdings Inc, Green Plains Inc, sells HollyFrontier Corp, Martin Midstream Partners LP, Emerson Electric Co, Deere, Myriad Genetics Inc during the 3-months....More>>>
U.S. stock futures are struggling for gains this morning. Mixed corporate earnings, including misses from Tesla Inc (NASDAQ:TSLA) and Snap Inc (NYSE:SNAP), are weighing on market sentiment.
Meanwhile, Wall Street is looking ahead to key economic data today. Updates on weekly jobless claims and non-manufacturing activity are on tap this morning, with investors looking ahead to tomorrow’s....More>>>
Last week, Bloomberg New Energy Finance (BNEF) released its latest long-term forecast for the electric vehicle (EV) marketplace. The analysts are forecasting that sales of light-duty vehicles (passenger cars, pickups, and SUV/crossovers) will rise from around 1% in 2016 to 54% of all vehicle sales by 2040. By that time, one-third of the entire global fleet will be electrified.