And the beat goes onis a refrain that kept rolling through my head after attending the symposium Tuesday hosted by the Womens Institute for a Secure Retirement (WISER) in Washington, D.C. The topic: retirement solutions for women.
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>>>
Penn West Petroleum Ltd. (NYSE:PWE) has been to the financial cliff and back again. The achievements of the last two years are probably top 1% in many areas. There was a little trepidation as the latest announcement saw more changes in senior management. For many shareholders, those senior managers that were leaving were the best shareholders had seen in a long time. But the reason for leaving is....More>>>
Shares of the U.S.’ largest oil company Exxon Mobil Corporation (NYSE:XOM) have been hard hit so far this year — losing 15% over the past 8 months. This month, a second-quarter earnings miss and worries about the effects of hurricane Harvey have driven the shares to tra
As the sad scenes from Southeast Texas fill TV screens, traders, as always, are taking positions. Oil prices dropped sharply in Monday's trading and the front-month West Texas Intermediate crude contract is quoted at $46.72 as of this writing. Sentiment in the oil pits reflects a belief tha