After years of declining iPad sales, Apple Inc. (NASDAQ:AAPL) has had success recently with a less expensive model. This has led to a string of quarterly gains. Microsoft Corporation (NASDAQ:MSFT) is preparing to to take another crack at the iPad’s core consumer market by releasing a new$400 Surface tablet later this year. Whether it boosts Microsoft stock remains to be seen.
With oil prices having more than doubled from their early 2016 low, to over $65 per barrel, traders are waking up this morning to the possibility that the long-dormant oil sector may be coming back with a vengeance.
Today’s prices allow drillers to hedge for $60 per barrel oil for over one year, meaning they now have a platform for new investment. Production recently passed its 2014....More>>>
(Editor’s note: There is much greater liquidity on the Istanbul Exchange under the ticker GARAN)
Turkiye Garanti Bankasi (OTCQX:TKGBY) is Turkey’s second largest private bank and one of the country’s most profitable banks. The bank’s stock has performed relatively well and is up by more than 15% YTD on the Borsa Istanbul. Despite the strong performance, the stock remains....More>>>
31% Cut in Social Security Benefits Needed by 2031: CBO
3 Wishes 401(k) Participants Want Advisors to Grant in 2017
Dissecting the Donald Trump Effect
Two hundred twenty new exchange traded products launched in 2016 but many are too niche, complex or high priced for the average investor, according to Ben Johnson, Morningstar’s director of global ETF research.
In the rodeo world, bucking bulls and their riders have to make their mark in eight seconds. Wall Streets stock market bull and the investors who have hung on during itswild ride have made their mark by lasting eightyears.
The second-longest bull market in U.S. history has nearly quadrupled the value of the Standard & Poors 500 stock index. But its strength has also caused valuations....More>>>
I do not think that it is a surprise to anyone when I say that the USD has rallied quite a bit during the last few weeks. The USD index is currently at 2003 levels after breaking 2015 highs this months. In this article, I will elaborate on this and explain why this is bad for emerging markets.
Let’s start with the amount of USD denominated debt. Non financial emerging market debt has....More>>>
A “rigged payment scheme” between drug plans, insurers and pharmaceutical companies has blocked access to less-expensive versions of some of the most costly drugs in the U.S., the head of the Food and Drug Administration said Wednesday.
FDA Commissioner Scott Gottlieb aimed particular criticism at giant pharmacy benefit managers that contract with health plans to administer....More>>>
Higher European natural gas prices are here to stay.
At least that’s what traders were saying this week in Amsterdam at the Flame conference, the region’s biggest annual gas gathering. Rising prices for energy commodities led by oil and the need to refill depleted storage sites after the coldest winter since 2012 will see European gas consolidate its rare rally during the summer,....More>>>
Best Buy Inc. (BBY) is keeping its friends close and its enemies closer.
Shares of the electronics chain spiked nearly 4% Wednesday, April 18, after CEO Hubert Joly announced that the company has entered into a partnership with Amazon.com Inc. (AMZN) to sell televisions that are programmed
Ocean Rig UDW Inc (NASDAQ:ORIG) saw unusually-strong trading volume on Friday . Approximately 7,311,600 shares traded hands during mid-day trading, an increase of 2,798% from the previous session’s volume of 252,319 shares.The stock last traded at $28.19 and had previously closed at $26.87
Suddenly the geopolitical picture that looked so positive earlier this week seems a little shakier, and the impact could potentially weigh on stocks Wednesday. The situation with North Korea seems more volatile and although news about trade with China has been fairly positive, concern developed