Stock futures pointed mostly higher Wednesday morning, after the S&P 500 broke above its February highs to set a fresh record close a day earlier. …read more […]
How far off is Digital Turbine, Inc. (NASDAQ:APPS) from its intrinsic value? Using the most recent financial data… …read more […]
Readers hoping to buy Prudential Financial, Inc. (NYSE:PRU) for its dividend will need to make their move shortly, as… …read more […]
Some investors rely on dividends for growing their wealth, and if you’re one of those dividend sleuths, you might be… …read more […]
JD.com, Inc.’s (NASDAQ:JD) price-to-earnings (or “P/E”) ratio of 32.8x might make it look like a strong sell right now… …read more […]
The dancing girl came back.
This time, she was here to teach. She put an ad on Facebook the day before and promised a good time… and her class filled up.
Half a dozen folks showed up to learn how to forage… and paid us to pick our weeds.
It was a hit.
Nobody got sick.
After the class, we chatted a bit. And as many conversations tend to do this time of the year, we meandered to the topic of our schools.
We went back and forth on what’s being taught these days… and what’s not.
We created a long list of essentials that have been …read more […]
Target posts some insane second quarter financials. Bottom line. …read more […]
AMC Theatres has had a tough year, global pandemic or not. But with major movie theater chains like AMC Entertainment Holdings Inc. (NYSE: AMC) and Regal Cinemas set to reopen this week, will audiences be ready to return to the theaters? All the signs are pointing to no. And that could be a real problem for shareholders of AMC stock.
AMC Stock’s Pandemic Plight
The COVID-19 pandemic has hit movie theaters hard, and AMC stock had already been on a decline for years. But now, the status of one of my favorite movie theaters is in more peril than ever.
AMC is set …read more […]
Top news and what to watch in the markets on Wednesday, August 19, 2020. …read more […]
(Bloomberg Opinion) — It will sound familiar. You’re doing an electronic transfer for $10 and just stop short of sending $1,000 by mistake. Sometimes bungled transactions like this go through — but rarely on the scale of last week’s $900 million payments blunder by Citigroup Inc., which paid debt investors roughly 100 times more than it was supposed to.The problem here is not just the size of the giant bank’s mistake. A history of bad will between Citi and some of the recipients is making it hard to undo the lapse.If you gave someone an unintended windfall through an erroneous …read more […]
OPEC oil producers and allies such as Russia, a grouping dubbed OPEC+, meets on Wednesday to review compliance with oil cuts meant to support oil prices amid the coronavirus pandemic. OPEC+ is unlikely to change its output policy, which currently calls for reducing output by 7.7 million barrels per day (bpd) versus a record high 9.7 million bpd up until this month, according to OPEC+ sources. Compliance with the cuts was seen at 95% to 97% in July, according to OPEC+ sources and a draft report seen by Reuters on Monday. …read more […]
(Bloomberg) — The $20 trillion U.S. Treasury market is giving the Federal Reserve a thumbs-up for its efforts to revive inflation after the coronavirus pandemic threatened to inflict a damaging bout of deflation on the U.S. economy.The best measure of that is inflation-adjusted interest rates on 10-year Treasury bonds, which have plunged well below zero as nominal yields held fairly steady. Other signs of success include rising expectations for future prices among U.S. households.Those are all signals that investors reckon some degree of inflation may be on the way, in part because Fed Chair Jerome Powell and colleagues slashed interest …read more […]
OPEC oil producers and allies such as Russia, a grouping dubbed OPEC+, meets on Wednesday to review compliance with oil cuts meant to support oil prices amid the coronavirus pandemic. OPEC+ is unlikely to change its output policy, which currently calls for reducing output by 7.7 million barrels per day (bpd) versus a record high 9.7 million bpd up until this month, according to OPEC+ sources. Compliance with the cuts was seen at 95% to 97% in July, according to OPEC+ sources and a draft report seen by Reuters on Monday. …read more […]
(Bloomberg) — European equities are stuck near the same levels they were at two months ago, and if strategists are to be believed, that rut may drag on into the year-end.Equity strategists surveyed by Bloomberg on average expect the Stoxx Europe 600 to end 2020 at a level of 370, leaving little upside for European shares as of Tuesday’s close. They forecast a year-end level of 3,192 for the euro-area gauge Euro Stoxx 50, implying about 3% downside.After recouping more than half their pandemic-fueled losses in just three months, European stocks have stalled amid rising Covid-19 infection rates across the …read more […]
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