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Is New Residential Investment Corp (NRZ) A Good Stock To Buy ?

“The global economic environment is very favorable for investors. Economies are generally strong, but not too strong. Employment levels are among the strongest for many decades. Interest rates are paused at very low levels, and the risk of significant increases in the medium term seems low. Financing for transactions is freely available to good borrowers, […] …read more […]

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Former Boeing employee, FAA officials to testify at 737 MAX hearing

A former Boeing co employee who raised concerns about 737 production will testify on Wednesday at a U.S. House hearing on the Federal Aviation Administration review of the grounded 737 MAX. Former Boeing employee Edward Pierson, who had worked as a senior operations manager in the flight test and evaluation unit, will testify before the U.S. House Transportation and Infrastructure Committee, the panel said in a notice. …read more […]

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UPDATE 2-Enbridge says Minnesota concludes no additional risk to lake from pipeline

Canada’s Enbridge Inc said on Monday that a revised environmental statement from the state of Minnesota’s commerce department concludes that replacing the aging Line 3 oil pipeline would not introduce risks for Lake Superior in the case of a spill. The revised statement was drafted at the request of the Minnesota Public Utilities Commission (PUC). A court had determined the previous environmental assessment was inadequate. …read more […]

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3 Small-Cap Stocks with Big-Time Upside Potential

It’s hard for the little guys to get noticed sometimes, but often, it’s the little guys that are worth watching. Naturally, this applies to investing, too.Much has been said already about the record-breaking year for the S&P 500. As we reached the final month of the decade, after such a sustained rally, it is getting harder and harder to find true bargains. The top analysts, though, know that further down the market cap ladder, unseen by the casual observer, is where the some of the true gems reside, the ones from which investors stand to reap substantial rewards.So, we took …read more […]

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J&J CEO Gorsky spurns U.S. congressional hearing on carcinogens in talc products

In a hearing announcement, the House of Representatives Subcommittee on Economic and Consumer Policy said that its efforts to persuade Gorsky to testify included “repeated attempts to accommodate the company” over nearly a month. The panel will hear from experts on the health ramifications of talc powders and cosmetics, and on methods for detecting cancer-causing asbestos in such products. …read more […]

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Australia's Westpac faces investor rage after exploitation payment scandal

Australia’s Westpac Banking Corp faces a showdown with investors at its annual meeting this week, seeking to hold back an avalanche of outrage over a money laundering scandal that includes accusations of enabling child exploitation payments. The chairman, CEO and compliance chief of Australia’s oldest and second-largest bank have quit since the bombshell disclosure three weeks ago. The company also faces a possible vote against its executive pay for a second year under Australia’s “two strike” rule. …read more […]

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Peloton Commercial Results in Quick Gain for War Room Members

This morning in The War Room, we had a great discussion about the drama that’s now following the holiday commercial put out by Peloton (Nasdaq: PTON).
Here’s the scoop…
As you know, Peloton sells $2,000 exercise bikes that come with a membership-based subscription model – and the company recently IPO’d on Wall Street.
Since mid-September, Peloton shares have traded in a range from $20 up to $37.
But then the company’s holiday-inspired commercial came out…
In it, a husband surprises his wife on Christmas morning with a new Peloton bike, which she’s excited to get. She then goes on to document her experience of using …read more […]

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Bruce Linton on new Canopy Growth CEO: 'He's a perfect pick”

Canopy Growth shares are surging today, after the cannabis giant announced it has landed a new CEO. Former Canopy Growth Co-CEO and Vireo Health Executive Chairman Bruce Linton joins Yahoo Finance’s Zack Guzman and Brian Cheung, along with Campus Reform Editor-in-Chief Cabot Phillip, to discuss the company’s leadership shakeup and more. …read more […]

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SoftBank is selling Wag stake back to company: WSJ

“We are amicably parting ways with SoftBank and SoftBank will no longer have board representation,” Chief Executive Garrett Smallwood said in a memo to employees, the report said. Wag, which earlier this year laid off several dozen employees, is letting go a significant amount of the remainder of its workforce, the report said. SoftBank and Wag Labs did not immediately respond to Reuters request for comment. …read more […]