Trading Ideas
Netflix and ESPN are working on a Michael Jordan documentary series
Netflix used to be a solid option for watching ESPN’s 30 for 30 series. Then …read more […]
Year: 2018
Business News
Wall St. slips as retail sales data revives inflation fears
(Reuters) – Wall Street slipped on Tuesday after retail sales data pointed to a steady rise in inflation, reviving fears of faster interest rate hikes, while a lack of progress in U.S.-China trade talks continued to weigh on the market.
Trading Ideas
Canal+ gives up on its cable box, switches to Apple TV
French premium cable television company Canal+ is slowly moving away from …read more […]
Trading Ideas
Trump: first lady ‘doing really well’ after kidney procedure
President Donald Trump said Tuesday that his wife, Melania, is “doing really well” although she remains hospitalized following a medical procedure to treat a kidney condition the White House described as benign. “Melania is doing really well. …read more […]
Business News
U.S. consumer spending picking up, gasoline prices a threat
WASHINGTON (Reuters) – U.S. retail sales increased marginally in April as rising gasoline prices cut into discretionary spending, but consumer spending appeared on track to accelerate after slowing sharply in the first quarter.
Business News
Homeland Security unveils new cyber security strategy amid threats
WASHINGTON (Reuters) – The U.S. Department of Homeland Security on Tuesday unveiled a new national strategy for addressing the growing number of cyber security risks as it works to assess them and reduce vulnerabilities.
Business News
Mexico says NAFTA deal unlikely this week, signing possible this year
MEXICO CITY (Reuters) – Mexico’s economy minister said on Tuesday that he saw diminishing chances for a new North American Free Trade Agreement ahead of a May 17 deadline to present a deal that could be signed by the current U.S. Congress.
Trading Ideas
Tax Changes Force Cash-Hoarding Companies to Sell Bonds
Cash-rich companies that had been some of the biggest buyers of corporate bonds have started selling their holdings after tax law changes, according to Bank of America Corp. strategists. Companies like Apple Inc. reduced their corporate bond portfolios by more than 10 percent to $306.4 billion in the three months ended March 31, the lowest level in more than a year, after buying around $10 billion of the bonds on average every quarter. About half of that decline came from selling, and the other half from securities maturing, strategists led by Hans Mikkelsen wrote. …read more […]
Business News
White House’s Kudlow: Not certain what U.S. will do on China’s ZTE: Politico
WASHINGTON (Reuters) – White House economic adviser Larry Kudlow said on Tuesday it was far from certain what steps the U.S. government would take on China’s ZTE Corp, which he characterized as an enforcement, rather than trade, issue.
Business News
Twitter changes strategy in battle against internet ‘trolls’
SAN FRANCISCO (Reuters) – Twitter Inc on Tuesday revised its strategy for fighting abusive internet “trolls,” saying it would use behavioral signals to identify harassers on the social network and then limit the visibility of their tweets.
Business News
Wall Street drops on concerns over U.S.-China trade woes, rising inflation
(Reuters) – U.S. stocks slipped on Tuesday after the latest retail sales data indicated rising inflation and pushed up Treasury yields, while trade worries lingered with no signs of progress in U.S.-China talks.
Trading Ideas
Bet on This All-American Investment Strategy
A friend of mine recently asked me over a couple pints of beer at my local pub, “So what’s your favorite book on investing, Nick?”
It was a simple question.
But I couldn’t help but give him a complicated answer.
A hardcore value investor might cite Warren Buffett’s favorite book, The Intelligent Investor, by Buffett’s mentor Benjamin Graham.
Fans of George Soros would recommend his classic, The Alchemy of Finance.
And Edwin LeFèvre’s Reminiscences of a Stock Operator may be the most popular book among pure speculators.
But for me… it’s hard to recommend a single book above all others.
That’s because I don’t believe that any …read more […]
Trading Ideas
Taro Stock Price and Research (NYSE: TARO)
Taro (NYSE: TARO) is a mid cap company that operates within the pharmaceuticals industry. Its market cap is $5 billion today and the total one-year return is -3.01% for shareholders.
Taro stock is underperforming the market. It’s beaten down, but it reports earnings soon. So is it a good time to buy? To answer this question we’ve turned to the Investment U Stock Grader. Our research team built this system to diagnose the financial health of a company.
Our system looks at six key metrics…
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✗ Earnings-per-Share (EPS) Growth: Taro reported a recent EPS growth rate of -86.85%. That’s below the pharmaceuticals …read more […]
Trading Ideas
Facebook is slipping after announcing it disabled more 583 million fake accounts (FB)
Facebook shares slid as much as 2% Tuesday morning after it announced it had disabled 583 million fake accounts over the last three months. The 583 million disabled accounts is down from the 694 million accounts Facebook disabled in the fourth-quarter of 2016. Facebook also recently published a community standards report, finally releasing the full internal guidelines its content moderators use to police the social network. Facebook had 2.2 billion monthly active users in the first-quarter of 2018, according to its latest earnings press release. …read more […]
Business News
Home Depot posts rare sales miss as delayed spring hits demand
(Reuters) – Home Depot Inc on Tuesday missed Wall Street forecasts for sales at established stores, as an unusually long winter hit sales of springtime gardening products such as fertilizers and mulch.