The United States steel sector has reached "the end of the line" despite efforts by the Trump administration to revive the industry, UBS told clients on Tuesday, advising investors it may be time to ditch the metal stocks.
Advanced Micro Devices, Inc. (NASDAQ:AMD) had a rather disappointing year in 2017. AMD stock fell more than 9% over those 12 months. Long-term investors shouldn’t be too deterred though, assuming they caught the near-300% rally in 2016. And after the down year, AMD stock taken off, already climbing almost 16% in the early days of 2018
Depending on how serious a flaw there is with Intel....More>>>
When fear and volatility rear their ugly heads, investors will traditionally turn to more conservative investments — such as gold. Presumably, this is what happened during the bitterly fought presidential campaign. In 2016, the price of gold, which ended the year up about 8%, had climbed as much as 28% at one point.
Similarly, many gold stocks enjoyed quite the ride last year —....More>>>
Last night, MetLife (MET) set out its plans to separate a big piece of its life insurance business, to be known as Brighthouse Financial, from the rest of the company. Deutsche Bank’s Yaron Kinar has the details:
Separation is expected to take place in 1H17. As of now, it is expected to be through an 80.1% spin, followed by full divestment within 5 years.....More>>>
Whether youre traveling for business or for pleasure, youre probably spending a lot. So why not get a little extra something for yourself at no cost? Many hotel freebies can be found in plain sight in your room. Others you might have to ask for, but theyre there for the taking. A smile and a polite request can be all thats needed to enjoy them.
SEE ALSO: 64 Valuable Things You Can Get for....More>>>
The Q2 2017 earnings report for small cap bookretailer Barnes & Noble, Inc (NYSE: BKS) is scheduledfor before the market opens onTuesday (November) with the company experiencing significant headwinds the last time around in part due to consumers being focused on elections.
A technical chart shows shares of Barnes & Noble heading back up to a key resistance level:
Whirlpool CEO Jeff Fettig blamed the confidence-sapping U.S. election and the plunge in the value of the British pound for the companys disappointing third quarter earnings, and predicted that the appliance-makers woes would be short-lived.
Whirlpool shares fell as much as 13% on Tuesday after the company posted earnings per share of $3.66, versus expectations for....More>>>
S&P Global Market Intelligence’s Jeffrey Loo explains why he’s maintaining his Buy rating on Valeant Pharmaceuticals International (VRX) following reports it had rejected a takeover bid earlier this year:
According to unconfirmed reports, including the Wall Street Journal,Valeant rejected an unsolicited joint takeover bid from Takeda Pharmaceutical, the....More>>>
U.S. stock futures are headed higher this morning, pointing to another positive open this week. Sentiment is improving on Wall Street amid a somewhat robust earnings season and slackening geopolitical tension.
On the economic front, the Federal Reserve’s Beige Book will arr
Every quarter, the research powerhouse IDC publishes data on unit shipments in the PC industry. And for the past few quarters, the message has been largely the same: HP Inc. (HPQ), the PC and printer spinoff of the original Hewlett Packard companies, continues to grow in what has been a stagnant