Sometimes, industries that are left for dead aren’t actually going to die. In that scenario, stocks that are priced-for-death could stage huge rebounds. Such is the case with AMC Entertainment Holdings Inc (NYSE:AMC) and the movie theater industry. Movie theaters were presumed to be a dying breed thanks to technology making at-home entertainment better, cheaper, and more convenient than....More>>>
In what could be a breakthrough in the solar-energy industry, Tesla will begin selling and installingsolar roof tiles for U.S. customers this summer, CEO Elon Musk said Wednesday.
The company, best known for its electric cars, said it was set to begin accepting orders for glass roof tiles with embedded solar collectors that Musk pledged would be more durable than a typical roof, a third lighter....More>>>
Cheap dividend stocks have found increased in demand ever since the financial crisis. To save the economy and the markets, the Fed repeatedly lowered interest rates. As a result, safer investments like bonds and Treasuries ended up yielding next to nothing. And so, retirement investors and income investors moved further out on the risk curve, buying up dividend stocks in the hunt for yield.
The stealth rally in Europe continues… You may not have noticed, but European stocks – as represented by the STOXX Europe 600 Index – broke out to a new 52-week high earlier this month. On February 13, the broad index closed at more than 370 for the first time since December 2015… And it has remained around that level over the past two weeks. On Thursday,....More>>>
Bad trading updates are now becoming part-and-parcel of Britain’s support services sector.
And Capita Group proved the rule once again, a disappointing set of full-year financials sending the stock 9% lower in Thursday business. The outsourcer is now dealing at its cheapest since June 2006.
Capita saw pre-tax profit rattle 33% lower in 2016, to £475.3m, it advised today....More>>>
International Business Machines Corp. (NYSE:IBM) is having a rough year. While the rest of the tech sector is flying higher, Big Blue’s stock has dropped sharply. From its opening $170 level in January, shares are down about 15% on the year, trailing its peers by close to 35% on the year.
Have shares fallen enough to justify getting long? Bulls will point....More>>>
Just on a personal basis, it is heartening to see Novo Nordisk (NYSE:NVO) rebound. NVO was a high-quality name where I realized a loss that was significant both in percentage and dollar terms, despite some modest trading profits last year. Sometimes, since the only certainties involve taxes, the allure of a tax loss can require a sale even when one likes the stock, which was....More>>>
By Scott Tzu with Parke Shall
When a company is in a distressed situation, a lot of times it’s not going to come out and tell the public that it is looking at a reorganization or considering filing bankruptcy. As investors, we are often left to draw our own conclusions based on piecemeal that we can obtain regarding the company in question. We believe the signs and signals continue....More>>>
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Your emergency fund can help you cover the cost of lifes unpleasant surprises like medical bills, car repairs or even job loss. Without one, these unfortunate situations could be even worse, as you could face some tough decisions when things dont go according to plan.
Do you turn to credit card debt that carries a high interest? Do you dip into your 401(k)?....More>>>
The waiting list for Tesla’s new Model 3 is growing fast.
Tesla (TSLA) said Wednesday it is now averaging more than 1,800 net reservations each day for its cheaper electric car, following an event last week to hand over keys to the first 30 Model 3 vehicles.
Tesla did not provide an updated figure for its total waiting list. At the event last week, Tesla CEO Elon Musk said....More>>>