HanesBrands (NYSE: HBI) stock price has come under pressure, reaching 52-week lows in the past week, which has sparked my interest to evaluate the company. HanesBrands reported revenue and earnings in-line with analyst consensus estimates for the third quarter; however, the company provided slightly lower than expected guidance for the fourth quarter which was one of the perceived reasons for the....More>>>
After the September disclosure of the largest consumer information data breach in US history and the significant price decline in its stock, Equifax (EFX) offered investors a high risk-high reward proposition. Equifax was an excellent wide moat business available cheaply because of significant legal and regulatory risks.
While the Trump Administration installed many “business friendly”....More>>>
Bitcoin is on a rollercoaster ride.
The cryptocurrency tumbled as much as 13% Tuesday. Bitcoin briefly fell below $6,000 for the first time in three months before recovering most of its earlier losses. It has lost nearly two-thirds of its value since it peaked above $19,000 in December.
Other digital currencies, including ethereum, litecoin and ripple, mirrored bitcoin’s....More>>>
A trader works on the floor at the closing bell of the Dow Industrial Average at the New York Stock Exchange on August 23, 2017 in New York. / AFP PHOTO / Bryan R. Smith (Photo credit should read BRYAN R. SMITH/AFP/Getty Images)
Benjamin Graham once wrote, diversification is an established tenet of conservative investment. By accepting it so universally, investors are really demonstrating....More>>>
“It’s time for America to go back to the Moon, and this time to stay. We can do it. It’s a difficult but worthy objective.”
— Amazon.com founder, Blue Origin owner, and The Washington Post savior Jeff Bezos
Amazon.com (NASDAQ:AMZN) CEO Jeff Bezos is on a winning streak.
Shares of the internet retailer that Bezos founded are up more than 70% off....More>>>
March 20, 2017: The S&P 500 closed relatively flat on the day, down 0.20% and 4.80 points to 2,373.46. Separately the DJIA closed down ever so slightly 0.04% on the day at 20,906.54, down approximately 8.08 points. Overall the market was relatively mixed on Monday with most sectors flat or trading down. Notable winners to kick off the week were major airlines and agricultural chemicals;otherwise,....More>>>
The National Retail Federation NRF expects retail sales in November and December to increase 3.6%, which is slightly less than the 3.7% expected, according to a FactSet report.
The figure, which excludes autos, gasoline and restaurants, would bring sales to nearly $656 billion. The rate of growth was 3% in 2015 during the same period, and has averaged 2.5% over the past ten years.More than137....More>>>
Related Today's National ETF Movers Explained Some Positive Indexing News For A Frontier Markets ETF
Among ex-US investable markets, few are regarded as being as rough and tumble as Pakistan. However, Pakistani equity markets have rewarded investors for taking on the perception....More>>>
"It's really not a good idea to sell anything," Bill said. Bill Bonner and I were in Nicaragua for the fifth annual Bonner & Partners Family Office meeting at Rancho Santana. After the conference was over, we went to dinner "off campus" for a change of pace. In pitch darkness, we drove on unlit dirt roads, dodging the occasional cow. We came upon a little....More>>>
Related Mid-Afternoon Market Update: CytomX Therapeutics Climbs Following Bristol-Myers Squibb Partnership; Medgenics Shares Slide 15 Biggest Mid-Day Losers For Monday Cerulean Pharma's (CERU) CEO Chris Guiffre on Cerulean and Dar茅 Proposed Transaction (Transcript) (Seeking Alpha) Related Mid-Afternoon....More>>>