Jeff Reeves's Strength in Numbers: Why the clouds will eventually part for solar stocks
Recent news from SunPower makes the case for bears, but there’s a bullish argument too.
Recent news from SunPower makes the case for bears, but there’s a bullish argument too.
Famed billionaire investor George Soros's hedge fund Soros Fund Management sold off his relatively-small share stake in Apple Inc. during the second quarter, while slashing his bet on Amazon.com Inc. . Regulatory filings show Soros owned no Apple shares as of June 30, after owning 3,100 shares as of March 31. The fund only owned 12,537 shares of Amazon at the end of the second quarter, after owning 41,140 shares and call options--an option to buy shares at a pre-set price--for another 30,000 shares at the end of the first quarter. Читать дальше...
American International Group Inc. announced Monday afternoon that it has agreed to sell its United Guaranty Corporation mortgage-insurance business to Arch Capital Group for $3.4 billion. The deal, reported earlier Monday by The Wall Street Journal, is for $2.2 billion in cash, with the rest paid in Arch stock. In the announcement, AIG Chief Executive Peter Hancock called the move "an important milestone" in his plan to streamline AIG and focus on core businesses. AIG shares gained 0.6% Monday to $59.22... Читать дальше...
Tim Cook says he believes corporate tax reform will be on the agenda of the incoming administration, because they need that money to fund things such as critical infrastructure.
Billionaire investor Carl Icahn loaded up his portfolio with more than 3 million shares of a new position in Allergan PLC in the second quarter, according to a filing with the Securities and Exchange Commission Monday. Icahn added to his stakes in Xerox Corp. and American International Group Inc. , while trimming positions in Hertz Global Holdings Inc. , PayPal Holdings Inc. , and Nuance Communications Inc. . Icahn also eliminated his stake in Enzon Pharmaceuticals Inc. .
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Billionaire investor David Einhorn's Greenlight Capital trimmed its stake in iPhone maker Apple Inc. and department-store operator Macy's Inc. in the second quarter, while taking new stakes in Calpine Corp. and Rite Aid , according to a regulatory filing on Monday. Large investors are required to disclose long equity positions held at the end of each quarter in a Securities and Exchange filing that's due 45 days later. Greenlight's filing showed the fund trimmed its Apple stake by 16% from... Читать дальше...
NBC broadcaster Bob Costas on Sunday asserted that Usain Bolt, after winning the 100-meter dash for the third time, was a more popular Jamaican than Bob Marley. He asserted incorrectly, polling data show.
Warren Buffett's Berkshire Hathaway Inc. boosted his stake in Apple Inc. by 55% to 15.23 million shares as of June 30 from 9.81 million shares on March 31, according to a 13F filing with the Securities and Exchange Commission. Apple's stock tumbled 12% during the quarter. Among some other notable changes to Berkshire Hathaway's stock holdings, the stake in Wal-Mart Stores Inc. was cut to 40.2 million shares from 55.2 million shares, while the stake in Liberty Global PLC was bumped up to 30.7... Читать дальше...
Target will see earnings benefits from its focus on key categories, analysts say, but a grocery reset is underway.
Target will see earnings benefits from its focus on key categories, analysts say, but a grocery reset is underway.
As the company ads more and more video content through deals with sports leagues and content providers, the direction the company is headed becomes more clear.
As beer brands multiply, overall beer consumption declines.
The S&P 500, Dow Jones Industrial Average and the Nasdaq Composite closed at record levels on Monday -- the second time all three indexes have notched new highs on the same day since 1999. U.S. shares were helped to fresh highs by a sharp rise in oil prices. The S&P 500 gained 6 points, or 0.3%, to 2,190, led by materials and industrials shares. The Nasdaq Composite climbed 29 points, or 0.6%, to 5,262. The Dow added 60 points, or 0.3%, to 18,635, led by DuPont and Caterpillar Inc. .
Читать дальше...S&P 500, Dow and Nasdaq close at record highs Monday
Over 60% of millennials say they hide behind electronic devices to avoid interacting with airline staff
Over 60% of millennials say they hide behind electronic devices to avoid interacting with airline staff
Domino's Pizza Inc. said Monday that it has partnered with Ready Pac Foods and will now deliver salads nationwide. There are three prepackaged salad options: Classic Garden, Chicken Caesar and Chicken Apple Pecan. The salads are priced at $5.99 each when paired with mix-and-match items, including a medium pizza with two toppings and pasta. Domino's shares are down 0.8% in Monday trading, but up 30.3% for the year so far. The S&P 500 Index is up 7.2% for the year to date.
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Shares of Best Buy Co. Inc. dropped 1% in afternoon trade Monday, despite the broad gains seen in the retail sector and the overall stock market, after Jefferies downgraded the consumer electronics retailer on concerns over a weakening 4K TV market. Analyst Daniel Binder cut his rating to hold, after being at buy for at least the last three years. He trimmed his stock price target to $36, which is just 4.3% above current levels, from $39. Binder said he is worried that the 4K TV cycle is maturing as prices fall and competition increases. Читать дальше...
A bizarre ordeal that involved a debt collector, a local police department, a fictional thief and the Girl Scouts of Utah
Donald Trump is proposing creating an ideological test for would-be immigrants to the U.S. that would assess what they believe about issues including religious freedom and gender equality. But if believing in things like religious freedom already sounds like an important step to becoming a U.S. citizen, that’s because it is.
As the company ads more and more video content through deals with sports leagues and content providers, the direction the company is headed becomes more clear.
As the company ads more and more video content through deals with sports leagues and content providers, the direction the company is headed becomes more clear.
As the company ads more and more video content through deals with sports leagues and content providers, the direction the company is headed becomes more clear.
As beer brands multiply, overall beer consumption declines.
As the company ads more and more video content through deals with sports leagues and content providers, the direction the company is headed becomes more clear.
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