M&T Bank Corp raised its position in Pinnacle West Capital Co. (NYSE:PNW) by 15.8% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 8,775 shares of the utilities provider’s stock after purchasing an additional 1,196 shares during the period.
News coverage about McKesson (NYSE:MCK) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. McKesson earned a media sentiment....More>>>
Wells Fargo’s Larry Biegelsen offers three reasons that today’s Johnson & Johnson (JNJ) selloff is overblown:
(1) Despite the likely launch of biosimilar Remicade in late November, Johnson & Johnson’s 2016 guidance implies an acceleration in growth in Q4 2016. We estimate the guidance implies growth of about 3% in Q4 2016 and when one adds back....More>>>
There’s an idea floating around that once Warren Buffett is no longer part of Berkshire Hathaway (BRK.A)(BRK.B), it will collapse. At a minimum, there’s concern that the “Buffett Premium” can be attributed to his individual skill:
More broadly, his value add is in capital allocation, which is basically the art of determining what to do with cash. He is objectively....More>>>
The stock market’s relentless march upward has pushed the prices of many companies higher. As investors bid up good and bad businesses alike, that can make it hard to discern which companies are the best dividend growth stocks for long-term investors.
That’s especially true in the world of dividend stocks, where income-starved investors face great temptation to reach for high-dividend....More>>>
There’s no such thing as a one-size-fits-all retirement plan. Because we all have specific, individual needs, what might work for one person might cause another to come up short financially when they’re older.
It’s surprising, then, to learn that most Americans believe all IRAs are exactly the same. In a recent TIAA survey, 56% of respondents stated that an IRA is an....More>>>
Mobileye NV (NYSE:MBLY) is a company I’ve liked for a long time, and I’ve been pounding the table on it especially hard since January. It was a stock I wanted all of my subscribers to own, and owning it certainly paid off on Monday when it was announced that Intel Corporation (NASDAQ:INTC) would buy the company for a 34.5% premium over Friday’s closing price.
In late July, I published Volaris: Entering Bumpier Airspace. Since then, shares of Mexican discount carrier Volaris Aviation (NYSE:VLRS) are down 22%, falling from $19 to $14.80. It’s time to take profits on that short position, if still involved, and consider switching to the bullish side of the trade.
I originally had a $14 price target on Volaris, but today’s $14.80 price....More>>>
Vanguard Natural Resources, LLC (NYSE:VNR) has painted itself into a corner. For investors to survive, the paint better be fast-drying. The paint in this case is energy prices, which need to rise (dry) quickly. There was a report by Reuters on Sept. 20 that Vanguard hired Evercore Partners for advisement on debt restructuring. Many investor saw this as a serious yellow flag and reacted negatively.....More>>>
Last Thursday, J.C. Penney (NYSE:JCP) reported disappointing results for the first quarter of fiscal 2018. Comparable-store sales inched up just 0.2%: near the bottom of the company's full-year guidance range and worse than what management had expected. Furthermore, gross margin plunged by 2.4 p
Rosehill Resources (NASDAQ:ROSE) Director Harry Quarls acquired 6,700 shares of Rosehill Resources stock in a transaction dated Thursday, May 17th. The shares were bought at an average cost of $8.15 per share, with a total value of $54,605.00. Following the transaction, the director now owns 53,
Since bottoming in April, General Electric (GE) rose 20 percent and continued that uptrend when it announced it will merge GE Transportation with Wabtec (WAB). The deal gives GE a $2.9 billion cash infusion and voting majority ownership in the combined company. Even though asset sales are a natu