No Picture
Trading Ideas

What Are the 3 Best Value Stocks in the S&P 500? Here Are the Results

Shoppers everywhere like to find the best value; that’s a given. And investors? Well, investors are just a special case of shoppers – in this case, shopping for stocks. So, how can we define a good value when it comes to stocks? In short, we’re looking for high upside and high dividend yields.TipRanks, a platform that tracks and measures the performance of analysts, offers a set of tools to search the raw data collected from 5,700 Wall Street financial experts and 6,500 publicly traded companies. The basic tool, the Stock Screener, gives investors a set of filters to screen the …read more […]

No Picture
Trading Ideas

MGM Resorts to Sell Las Vegas Strip Properties MGM Grand, Mandalay Bay

MGM Resorts International has agreed to sell the MGM Grand and Mandalay Bay casino and resort properties in Las Vegas to a new joint venture between MGM Growth Properties LLC and private equity giant Blackstone Real Estate Income Trust, Inc. The deal is priced at $4.6 billion. MGM Resorts will continue to manage and operate […] …read more […]

No Picture
Trading Ideas

Citi Fixed-Income Trading Surges 49%

(Bloomberg) — Citigroup Inc. cut traders — and got its mojo back.Revenue from fixed-income trading surged 49% in the fourth quarter — more than double the increase predicted by analysts — after a slump that rattled the industry a year ago. The rebound, combined with surprisingly strong earnings from debt underwriting and consumer banking, pushed net revenue for the period to the highest since 2015.The finale puts the trading division on stronger footing heading into a new decade, as executives pursue a series of profitability targets that have led to dismissals when revenue faltered. On Tuesday, they vowed to keep …read more […]