More than two years after a government crackdown on corruption sent Macau gaming stocks tumbling, The Chinese government has unveiled yet another new regulation on the Macau gaming industry that has hit gaming stocks hard. The latest new law cut the daily ATM withdrawal limit in Macau from 10,000 patacas to 5,000 patacas, or roughly $626.
Unfortunately, transparency and predictability has....More>>>
OMB Finishes Review of Fiduciary Rule Delay Request
DOL Moves to Delay Fiduciary Rule
The Dow Jones industrial average surged 300 points to top 21,000 for the first time, the dollar advanced and Treasuries fell as investors grew increasingly confident global economic growth is accelerating, clearing the path for higher interest....More>>>
As discussed in November, Amarin (NASDAQ:AMRN) had a decent chance of exceeding the high end of its net product revenue guidance range, and it has now indicated that it will modestly exceed the upper end of guidance. Net product revenues are expected to be above $125 million for 2016, although boosted by a few million due to changes in channel inventory.
Earlier this year, Stanley Fischer laid down the law to the marketplace. He lambasted markets for their unrealistic pricing. In the great American tradition of Jonathan Edwards, the protestant preacher whose famous sermon “Sinners in the Hands of an Angry God” warned what would happen to those who transgressed, Fischer warned market participants of a year to come much different from....More>>>
An economy begins to grow, picks up steam, peaks, slows down, and eventually contracts. The process is known as the business cycle – an inevitable progression from expansion to recession to renewal and recovery.
Central bank policy makers have been trying to eliminate recessions from the picture since the 1990s. Some folks believe that their prescriptions – lowering overnight....More>>>
PayPal Holdings, Inc. (NASDAQ: PYPL) reported first quarter financial results after markets closed Wednesday. The company posted $0.44 in earnings per share (EPS) and $2.98 billion in revenue, versus consensus estimates from Thomson Reuters that called for $0.41 in EPS and $2.94 billion in revenue. The same period from last year had $0.37 in EPS and $2.54 billion in revenue.
Big 5 Sporting Goods (NASDAQ:BGFV) is a sporting goods retailer that doesn’t even crack the top 20 U.S. sporting goods retailers1 despite being in business since 1955 and going public almost 15 years ago. Despite little to no growth, no competitive advantage and a single-digit ROI profile, investors have bid up shares to 25x earnings or 9x EV/EBITDA based on a one-time....More>>>
North America's legal marijuana market is expected to soar 145%, from $10 billion in 2017 to $24.5 billion by 2021. With such tremendous profit potential, we're bring you the best marijuana stock to buy this year to help you profit from this booming industry.
For those investors near or in retirement, income remains the primary concern. After all, you need to turn decades of saving into a steady stream of paychecks to get you through your golden years. The problem is, years of zero interest policies have left many traditional income asset classes &m
U.S. stock futures are wavering around even this morning. Wall Street is digesting more political uncertainty out of Washington ahead of a slew of economic reports. Reports emerged yesterday that President Donald Trump has decided to replace national security advisor Lt. Gen. H.R. McMaster after