Small cap book retailer Barnes & Noble, Inc (NYSE: BKS) reported fiscal Q1 2018 earnings before the Thursday market open with results missing expectations and shares falling off in the high single digits in morning trading. Total sales fell 6.6% to $853 million as comparable store sales
Like millions of Americans -- 143 million to be precise -- I'm still hacked off about the breach of Equifax credit files. The company's cybersecurity and response was appalling and several Equifax execs conveniently retired and sold company stock.
There were 8, yes, 8, completed initial public offerings (IPOs) last week, and every one of them posted a first-day pop and all finished the week with a positive return. Five more IPOs are on the calendar for this week, including a technology unicorn, a healthcare REIT, two healthcare offerings, and a networking company.
Last week’s largest capital raise was Valvoline Inc.’s (NYSE:....More>>>
Chesapeake Energy (NYSE:CHK) has always been a gamble ever since commodity prices collapsed. I thought the stock was a good bet when it was in the $1-2 range, given the perceived risk of imminent bankruptcy (read “Chesapeake Going Bankrupt?”). To emphasize how wrong everyone was, I quote a Barclays analyst who said at the time: “We are trimming our target multiple to maintain our....More>>>
Wall Street on Monday didn’t just cash in on one winner, or a daily double, or even a trifecta. It notched astock market-style superfecta, with all four major U.S. stock indexes — representing blue chip names, technology stocks, small caps and large-company stocks — all closing at record highs on the same day for the first time in 17years.
With the S&P 500 down 1.5%over the past week, it seems turmoil in the Trump Administration isn’t doing investors a lot of favors. But give Donald Trump credit where credit is due. His administration is doing great things for one segment of the stock market:
Citigroup’s Alastair Syme and team argue that the earnings from big oil companies like Chevron (CVX), Total (TOT) and Royal Dutch Shell (RDS.A) will be bad…real bad. But that won’t stop the stocks from outperforming. They explain why:
Negative headlines, positive performance: We expect the majority of Big Oil companies to post negative 1Q16 earnings,....More>>>
Note from the author: I have no prior or existing financial relationship with Joe Lowry or any of his business interests. I have no business relationship with any company mentioned in this interview, nor I do own any shares of any of the companies mentioned here.
The U.S. dollar's plunge has been one of the major financial stories of 2017... The dollar soared from 2011 to 2016. But things changed this year. The greenback recently hit its lowest level since early 2015. It has now clearly broken down from a multiyear uptrend. And history says
With President Trump pushing hard for tax reform--or at least a big league tax cut--we asked top Senate and House tax writers, Forbes contributors and outside experts, to weigh in on the possible changes. Theres lots of insight here, but little consensus. While Forbes Chairman a