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T-Mobile CEO takes the stand in T-Mobile/Sprint merger trial

T-Mobile and Sprint have already received approval for the deal from the U.S. Department of Justice and the Federal Communications Commission (FCC), after the companies agreed to sell Sprint’s prepaid phone business and some spectrum to satellite TV provider Dish, which has committed to building a nationwide wireless network and becoming a competitor in the industry. The states have argued that Dish has a history of stockpiling FCC licenses for wireless spectrum, or airwaves that carry data, and has not yet demonstrated that it can build a wireless network. …read more […]

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What’s Ahead for the Next Gen of U.S. Hotel Franchisees?

Grey Raines’ family got into the hotel business in the 1950s. At 38, he is carrying the mantle as president of Raines Hospitality, which will have 20 hotels by early 2020. The Florence, South Carolina-based company has Marriott, Hilton, Hyatt, and Choice hotels in its portfolio. Raines started out in the family business as a […] …read more […]

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Following Insider Buying on Cleveland-Cliffs Pays Off

In yesterday’s Trade of the Day, I wrote about the Cleveland-Cliffs (NYSE: CLF) insider play I recommended in The War Room. The thesis behind the trade was simple. I saw good cluster buying by insiders, and that triggered a buy signal.
Usually, insider plays take weeks or months to play out. This one played out in a matter of a couple days!
War Room members entered Cleveland-Cliffs on Tuesday at prices between $8.45 and $8.50. Yesterday they exited at around $9 for a quick base hit. This play was another example of how we can profit from all types of trades, including …read more […]

Newsmakers

NexTech’s (OTC: NEXCF) Industry-Leading WebAR Solution Adopted by Major Firearms Distributor Davidson’s Inc

NEW YORK and TORONTO, Dec. 13, 2019 — NexTech AR Solutions (NexTech) (otcqb:NEXCF) (NTAR)(N29), the leader in augmented reality (AR) for eCommerce and AR learning applications is pleased to announce Davidson’s Inc., one of the largest American […]

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Hedge Funds Are Dumping NIO Limited (NIO)

Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that’s why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […] …read more […]

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Hedge Funds Are Crazy About Assertio Therapeutics, Inc. (ASRT)

How do we determine whether Assertio Therapeutics, Inc. (NASDAQ:ASRT) makes for a good investment at the moment? We analyze the sentiment of a select group of the very best investors in the world, who spend immense amounts of time and resources studying companies. They may not always be right (no one is), but data shows […] …read more […]

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Here is What Hedge Funds Think About Foamix Pharmaceuticals Ltd (FOMX)

Hedge funds are known to underperform the bull markets but that’s not because they are terrible at stock picking. Hedge funds underperform because their net exposure in only 40-70% and they charge exorbitant fees. No one knows what the future holds and how market participants will react to the bountiful news that floods in each […] …read more […]

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What is a 403(b) Plan?

Retirement 401(k) plans are common. However, we’re going to discuss the slightly-less famous cousin, the 403(b) retirement plan. Also named after the IRS tax code, 403(b) plans are offered to employees of tax-exempt groups (Code Section 501(c)(3)) and public education institutions. Also, some ministers may be eligible for a 403(b), but churches have a plan of their own.
So, what is a 403(b) retirement plan? Let’s go over the specifics…

What is a 403(b) Plan?
A 403(b) retirement plan lets you save money, lower your taxable income, and invest your savings. When they were first created, 403(b) plans were tax-sheltered annuities. So they …read more […]