The rupee ended mildly higher yesterday amid ranged movement. The currency may sustain gains as a sharp decline in crude prices may provide some cushion to increased risks of spiralling deficit The USD was sharply higher as US a
Wall Street on Monday didn’t just cash in on one winner, or a daily double, or even a trifecta. It notched astock market-style superfecta, with all four major U.S. stock indexes — representing blue chip names, technology stocks, small caps and large-company stocks — all closing at record highs on the same day for the first time in 17years.
Second-quarter results continue to show how the big oil exploration firms are making progress towards being cash flow positive with oil below $50/bbl. ConocoPhillips (COP) is a prime example of this positive development that is further enhanced by the dividend cut when oil prices plunged last year.
The company though is a big part of the industry production growth issue that is keeping energy....More>>>
Four recent initiatives at Global Self Storage (NASDAQ:SELF) will soon dramatically augment both revenue and FFO:
Purchase of Lima, OH store (739 units) on 8/29/16; Acquisition of Fishers, IN facility (419 units) on 9/26/16; Addition of 306 new units at the Bolingbrook, IL location to commence leasing by the end of 2016; Contract to purchase two stores from Tuxis (Millbrook, NY and Clinton,....More>>>
Timing the market is easily one of the most difficult parts of trading. In particular, calling the market bottom and knowing when to get in is usually something investors only know way after the fact. 24/7 Wall St. is looking back to when the S&P 500 bottomed back in March 2009 to see how some of the major blue chips have fared since then.
Back on March 6, 2009, the S&P 500 bottomed....More>>>
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., laughs while playing cards on the sidelines of the Berkshire Hathaway annual shareholders meeting in Omaha, Nebraska on Sunday, May 1, 2016. (Photo Credit: Daniel Acker/Bloomberg)
Warren Buffett made $12 billion in 2016 and reclaimed his position as the second richest person in the world.
VirnetX (NYSEMKT:VHC), on Friday evening, received its jury verdict versus Apple (NASDAQ:AAPL) in the amount of $302 million in the ‘417 action (2009-2012). The jury also decided that FaceTime infringes with the Federal Circuit changed claim construction of a key term in the ‘504 and ‘211 patents. Infringement of VPN on Demand was already affirmed by the CAFC. A hearing on willful....More>>>
How to play GE stock before earnings and president-elect Trump’s swearing in ceremony? Have a look.
General Electric (NYSE:GE) is scheduled to report its Q4 and FY 2016 earnings on Friday, 20th of Januarybefore themarket opens. The earnings release, however, is likely to be overshadowed by the swearing in ceremony of President Trump, which will be held just afew hours after. The....More>>>
While most of its fellow airline stocks were grounded last year, Hawaiian Holdings (NASDAQ:HA) soared to new heights. Shares of Hawaiian Airlines' parent company rose 61% during 2016, according to data from S&P Global Market Intelligence.
On May 9, wireless technology giantQualcomm(NASDAQ:QCOM) announced a new stock repurchase program for $10 billion of the company's shares. This program, the company said, replaces a previous buyback authorization that had $1.2 billion remaining (so the net increase in Qualcomm's buyback firepower
Editor's Note: Options are a great way to "insure" your portfolio against sudden price drops. With Tom's strategy, you can make markets pay for that "insurance," cutting your risk even more. Here's Tom…
We've looked before at twoways to make money when interes