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>>>
Attorney General Jeff Sessions’ latest attempt to crack down on legal weed might be dominating news headlines, but we had to make sure Money Morning readers aren’t overlooking the Canadian marijuana market.
The Canadian marijuana market is expected to reach $4.5 billion in legal sales by 2021, and full cannabis legalization in Canada is expected to take place in July 2018.
A flag flies outside a Sears retail store on March 22, 2017 in Schaumburg, Illinois. Sears Holdings, the parent of Kmart and Sears, Roebuck, & Co., said there is ‘substantial doubt’ about the company’s financial viability (Photo by Scott Olson/Getty Images)
Hopes raised by a chairman’s letter on future strategy March 9 were crushed Wednesday when Sears Holdings....More>>>
Demonetisation took centre-stage as year 2016 came to close after Prime Minister Narendra Modi’s November 8 announcement of phasing out of earlier series of Rs 500 and Rs 1000 banknotes in an effort to curb black money.
As the general public grappled with the changed scenario, the country is likely to see a major leap in digital payments and....More>>>
When Twitter Inc. (NYSE: TWTR) reported its first-quarter financial results on Wednesday, overall, investors were very pleased as it might be implying that Twitter is finally turning itself around. Over the course of this week the stock actually gained 13% on the earnings, which puts the stock just barely in positive territory on the year so far.
24/7 Wall St. has included some highlights....More>>>
Prabhudas Lilladher's research report on Tata Consultancy Services
TCS delivered a strong set of perfomance for 4QFY18 with a beat on USD revenues and PAT. Revenues at USD4972mn were up 3.9% QoQ and 11.6% YoY and above our estimates (PLe: USD4921mn). Constant currency growth for th
Research analysts at Deutsche Bank started coverage on shares of Mplx (NYSE:MPLX) in a note issued to investors on Thursday, The Fly reports. The brokerage set a “buy” rating on the pipeline company’s stock.
Several other equities analysts have also recently commented on
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