U.S. equities continue to drift — somewhat aimlessly — just below the Dow Jones Industrial Average 20,000 benchmark, as they have for the past five weeks.
Even in the wake of the inauguration of President Donald Trump, Wall Street just doesn’t seem interested in moving out of its two-month sideways funk.
Best Clean Energy Stocks To....More>>>
There were no initial public offerings (IPOs) on the calendar last week and there are none on the calendar for this week. This is the normal summertime hiatus and we don’t expect any pickup until the first full week after the Labor Day holiday.
Through the week ending September 1, IPO ETF manager Renaissance Capital reported that 92 IPOs have priced in the U.S. so far this....More>>>
Last week, Comcasts stock declined by 5% in a single day after Matthew Strauss, executive vice president for Comcasts Xfinity services, said that the company expects to report a loss of 100,000-150,000 subscribers in Q3. Mr. Strauss cited competition and Hurricane Harvey for the losses and said that Q317 is looking like the most competitive quarter in recent history. While this loss of subscribers....More>>>
ESPN president John Skipper didn’t take questions from reporters on Tuesday when the network delivered its upfront, an annual presentation to advertisers. But he couldn’t avoid what was on everyone’s minds.
The media landscape is changing, and ESPN has to change with it. That includes changes to “SportsCenter,” its flagship broadcast since the network went....More>>>
It’s Christmas morning for “Star Wars” fans.
Companies like Lego and Hasbro are showing off a first look at their new toys and collectibles ahead of the latest installment of the film series, “Star Wars: The Last Jedi”, which premieres December 15.
Dubbed “Force Friday,” the shopping event began in 2015, when new merchandise was released....More>>>
The numbers are nearly unfathomable… 25 trillion gallons of water… That's roughly how much rain Hurricane Harvey dumped on the Houston area in fewer than five days. And the 51.88 inches of rainfall measured outside the city is the most ever recorded from a single storm in the continental U.S., according to the National Weather Service. This is more rain....More>>>
Swedish Match AB (OSTO:SWMA) (3.7%)(SWMA – $35.22/SEK296.70 –Stockholm Stock Exchange) produces tobacco products that include snus and snuff, chewing tobacco, cigars, and lights. The company has been benefiting from the growth of the smokeless tobacco market in both Scandinavia and the U.S., as public smoking bans and health concerns are driving consumers to seek alternative tobacco....More>>>
Q: Why don’t all stocks pay dividends? Should I avoid stocks that don’t pay a dividend?
A: There are several things companies can do with their profits, and paying a regular dividend is just one of the options.
Before doing anything else with its profits, a company needs to make sure its capital needs are provided for. For example, if some of the company’s equipment....More>>>
For most mobile game publishers, eSports is currently not a profitable business. However, investing in eSports is usually justified by the positive impact on game revenues and the future potential of their eSports activities as a stand-alone business with Newzoos 2017 Global Esports Market Report that was released earlier this year noting:
Illustrated by the $98 million in publisher fees....More>>>
Several days ago Fitbit (FIT) and Dexcom (DXCM) announced they are partnering to develop CGM (continuous glucose monitoring) solutions for people living with diabetes. The first product will incorporate DXCM’s CGM data and bridge it with FIT’s new Ionic watch. Users of Android and iOS devices would be able to see “activity and glucose levels, right on their wrist.”