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>>>
The U.S. dollar rate today (Monday) hit an 11-month high in early trading as traders continue to expect an interest rate hike at the next FOMC meeting on Dec. 13-14.
The U.S. Dollar Index measures the value of the dollar relative to the value of a basket of currencies used by significant trading partners. The benchmark briefly crossed the 100.00 level in morning trading for the first....More>>>
According to the GuruFocus All-in-One Screener, several gurus are focusing on stocks whose Peter Lynch fair values are far above the current prices. The following stocks are trading with wide margins of safety and have positive performances over the past 12 months.
Wi-LAN Inc. (WILN) is trading around $1.83 per share. The Peter Lynch value gives the stock a fair price of $2.3 so the stock....More>>>
Today, the member nations of OPEC still produce nearly 40% of the global oil supply. Oil traders still respect OPEC's promises to cut global supply. Over the last few months, Saudi Arabia has promised that OPEC will cut production in conjunction with Russia. The fact that OPEC needs Russia's cooperation is revealing… It shows OPEC's diminished market power. Russia....More>>>
The collapse of GOP efforts to repeal Obamacare will cut across many sectors. Whether it’s good news or bad news depends on which stocks you own. Some parts of the health care industry would have been hurt by the passage of the American Health Care Act (AHCA), the Republican alternative. But no group of stocks has rallied in relief like hospital operators. Here are two hospital stocks to....More>>>
MicroStrategy (NASDAQ:MSTR) reported its first-quarter results on April 27, and the company saw its total revenue tick up by 1.3% year over year. Just as with the company’s fourth-quarter results, MicroStrategy’s management said foreign-currency headwinds continued to have a negative impact on the company’s overall sales.
Image source: Getty Images.
On Wednesday, “Shark Tank” host and O’Shares Investments chairman Kevin O’Leary announced a bid for the leadership of Canada’s Conservative party.
Members of Canada’s Conservative party will vote on a leader May 27, who will challenge Prime Minister Justin Trudeau of the Liberal party in the 2019 federal election.
O’Leary is entering into....More>>>
U.S. stocks on Monday closed essentially flat, after trading firmly higher, in a volatile session ahead of the start of a pair of closely watched central-bank policy meetings.
Earlier in the session, gains in crude-oil futures and a report showing a surge in home-builder confidence appeared to help lift the equity benchmarks, but those advances evaporated late in the day.
Public distributed ledgers like the blockchain supporting bitcoin have drawbacks that make them unsuitable for financial firms’ needs, according to analysts from Corporate Insight. The research firm hosted a webinar on Tuesday outlining the findings of a report released in February detailing how private distributed ledgers could be adopted by financial services firms.
For one, according....More>>>
Is Federal Reserve Chairwoman Janet Yellen capable of conducting a bond-market bloodbath? Thats what some on Wall Street are wondering.
Albert Edwards, market strategist at Soci茅t茅 G茅n茅rale and noted permabear, expects Yellen, who is set to deliver semiannual testimony to the Senate Banking Committee on Tuesday, will trigger a steep bond selloff by talking up the possibility that....More>>>