The Dow Jones Industrial Average made financial history on January 25, breaking through the 20,000 barrier for the first time. The broader S&P 500 and the Nasdaq index also reached new records, bolstered by President Trump’s early executive actions on
January 26, 2017
We discuss the day`s trading action in how the oil market is being carry traded up by some entity today and illustrate the negative effects of gold, copper and the bond markets. Per the Investopedia source, here is the concept
Sales of new homes dropped by 10.4% to 536K in December, down from an upwards revised 598K in November. This is quite a significant miss. The CB Leading Index rose by 0.5% as predicted. The US dollar has been on
Endo International (ENDP) announced restructuring it business as it plans to cut down 90 full-time jobs, in order to cut costs of operations. The step is likely to result in saving of $40 million to $50 million a year. The
Biogen Inc. (BIIB – Free Report) , a well-known name in the multiple sclerosis (MS) market, reported mixed fourth-quarter 2016 results with the company surpassing earnings expectations while missing the same for sales. Moreover, the company’s 2017 sales guidance fell short of expectations.
Summary REV Group (NYSE: REVG) is expected to IPO on Friday (1/27/2016) and raise $250M through the offer of 12.5M shares at an expected price range of $19 to $21. At the proposed mid-point, REV Group would command a market cap
Photo Credit: TechStage Microsoft Corporation (MSFT) Information Technology – Software | Reports January 25, After Market Closes Microsoft operating systems power personal computers, but its cloud computing that now drives financial performance. After multiple years of sluggish PC demand, Microsoft made a
The rally in the U.S. stock market has been accompanied by the hedge fund industry. This is because hedge funds (as depicted by HFRI Fund Weighted Composite Index) gained 5.5% in 2016, representing the best return since 2013. As a
Written by Ben Carlson Retirement planning can be a daunting prospect. The entire process of trying to plan for something that is decades out into the future is overflowing with uncertainties, assumptions, and guesswork. That is why so many people put it off.
Comcast Corp. (CMCSA – Free Report) reported strong financial results in the fourth quarter of 2016 wherein both the top line and bottom line outpaced the respective Zacks Consensus Estimate. Importantly, the company witnessed impressive subscriber gains in the video segment along with
