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.
Check Point Software (NASDAQ:CHKP) is a technology company that provides cyber security solutions for different kinds of businesses and protects them against cyberattacks and malware software. Last month, the company announced quite a good financial report for Q1, in which it showed that the revenue increased by 7.7% Y/Y to $435.5 million and beat analyst consensus. The major catalyst for such a....More>>>
Companies hate to cut dividends. Knowing the backlash they’ll get from stockholders, many executives and board members consider it a desperate act of last resort. They will halt non-discretionary expenditures, reduce payroll and overhead, and even take on debt in order to maintain distributions.
And that’s exactly why dividend hikes send such a strong bullish signal. A company....More>>>
The market is filled with stocks. Ever since bond yields went to zero as the Federal Reserve tried to rescue the economy from the mortgage crisis, it has forced people to go further out on the risk curve in order to get the income they had been used to getting from bonds.
Risk is the foremost concern of my stock advisory newsletter, The Liberty Portfolio. Most investors unknowingly take on....More>>>
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The Securities and Exchange Commission has released guidance to help mutual funds streamline the process of offering certain fee structures that are designed to achieve level compensation consistent with the Department....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