Financial News
Nordstrom Says It Saw No Real Business Effect From President Trump's Angry Tweet
Shares of Nordstrom are climbing in after-hours Thursday trading, but unlike earlier-month stock pops, the catalyst for the move has little to do with the president or his daughter: the retailer reported better-than-expected fourth quarter earnings results Thursday afternoon.
02/23/2017 05:28:00pm
Greenlight Investor David Einhorn: Trump Bringing 'High Degree' Of Uncertainty, Inflation
Much-followed value investor discusses holdings and Trump outlook
02/23/2017 05:27:00pm
Gap CEO: Retail Bankruptcies Are Actually Good News For Us
Fewer stores to shop at? Good. Come to Gap.
02/23/2017 04:55:00pm
Why Activision Blizzard's Stock Increased By 60% In The Last Year
Gaming giant Activision Blizzard‘s stock has rallied by almost 60% in the last year following strong results in all four quarters of the last fiscal year. The company’s performance was particularly impressive in the most recent quarter, in which it posted its highest-ever quarterly revenues
02/23/2017 01:43:00pm
Why Facebook Is Focusing On Live Sports
Reports suggest that Facebook’s is in talks with Major League Baseball to live stream one game per week on its platform. Both Facebook and Twitter are looking at live sports as a key catalyst to drive user engagement, growth and eventually revenues.
02/23/2017 01:36:00pm
Buy Low And Sell High With This Strategy
Randy Swan: In 1997 I designed and created the Swan Defined Risk Strategy (DRS) to manage risk directly using options to hedge out most of the market risk. Philosophically, we don't believe in market timing or stock selection. We believe that asset allocation or modern portfolio theory is part [...]
02/23/2017 01:31:00pm
Sina Blows Away Estimates, Investors Blow Off Sina
Why is Sina selling off despite stellar earnings?
02/23/2017 12:38:00pm
How Simple Math Can Change Your Life
Einstein said that compound interest was the eighth wonder of the world. Find out why this should matters to you.
02/23/2017 12:06:00pm
High Metabolic Honchos' 13Fs: More Whiffs Than 4-Baggers
Maybe I’ve missed a few, but I can't find 400 hitters in the Icahn, Soros and Bill Ackman crowd. Aggressive stock pickers like Carl Icahn and Bill Ackman doggedly run highly compressed portfolios in one-off stocks like Chipotle Mexican Grill, American International Group and Herbalife.
02/23/2017 11:54:00am
True Profit Picture At Phillips 66 Much Brighter Than Reported Numbers
Yesterday, our analysts parsed 56 filings and collected 7,941 data points. In total, they made 1,335 adjustments with a dollar value of $351 billion. In particular, analyst Hunter Gray found an unusual item in Philips 66’s (PSX) 10-K.
02/23/2017 11:12:00am
Despite Baidu's Progress, Wall Street Remains Mostly Negative Going Into Earnings Tonight
Opportunity knocking in Baidu?
02/23/2017 09:33:00am
The Future Of Self-Driving Cars
02/23/2017 09:33:00am
Here's How Netflix Can Benefit From A Consumer Products Business
Netflix appears to be increasing its focus on consumer products. A Bloomberg report suggests that the company is looking to hire an executive to oversee the licensing of shows for books, toys and comics and forge partnerships with retailers.
02/23/2017 08:44:00am
Earnings Preview: What To Expect From J. C. Penney On Friday
J C Penney is expected to earn $0.62/share on $3.97 billion in revenue. Meanwhile, the so-called Whisper number is $0.64. The Whisper number is the Street's unofficial view on earnings.
02/23/2017 08:41:00am
Consumer Customer Loyalty
02/23/2017 08:41:00am
Why Is L'Oreal Trying To Sell Off Natural Beauty Brand The Body Shop?
In its Q4 2016 earnings call, L’Oreal admitted to exploring options to sell off its ownership of The Body Shop. The persistent weak performance of the Sussex-based beauty retailer, which is known for its natural and fair-trade ingredients, led L’Oreal to this decision.
02/23/2017 08:36:00am
South China Sea: Why Global Markets Ignore China's Repeated Warnings
Global markets treat Beijing’s protests as loud noise rather than something more serious.
02/22/2017 08:03:00pm
Here's How To Stay Ahead Of Machines And AI
The Great American Jobs Apocalypse continues to tear our social fabric, and no one really knows what to do about it. If you’re not unemployed or underemployed now, then you know someone who is… and you could always be next.
02/22/2017 07:00:00pm
4 Warning Signs Of Instability In Russia
Geopolitical Futures forecasted that 2017 will be “an inflection point in the long-term destabilization of Russia.” After just six weeks, there are clear signs that this forecast is right on track.
02/22/2017 07:00:00pm
Jack In The Box Walloped After Q1 Earnings Disappoint
Jack in the Box reported lower-than-expected first quarter sales, profit and forward guidance Wednesday afternoon; as a result, its shares are getting slammed in after-hours trading.
02/22/2017 05:33:00pm
Labor Department Needs To Define 'Diligence' For Fiduciaries
Many people throughout the industry are still unclear as to how the fiduciary rule should be implemented. This uncertainty, at least In part, is behind many industry groups working hard to delay—or even scrap entirely—its implementation.
02/22/2017 05:24:00pm
Real Earnings Season Starts Now
Corporate earnings season may be winding down, but the real earnings season—annual 10-K filing season—starts today.
02/22/2017 05:22:00pm
After Dismal Holiday Season, Fitbit Doesn't See Things Getting Better In 2017
The wearable fitness tracker company expects declining sales and additional losses in the year ahead.
02/22/2017 04:58:00pm
Why We Revised Our Price Estimate For Netflix To $137
Netflix’s stock has performed well in the markets in recent months, particularly following its earnings announcement in January. One of the primary reasons for this was growth in international markets.
02/22/2017 01:51:00pm
First Solar Beats Expectations, Prepares For A Transitional 2017
First Solar , the largest U.S. solar manufacturer, posted a smaller than expected adjusted net loss for Q4 2016, while beating revenue estimates.
02/22/2017 01:46:00pm