Snap‘s shares declined by close to 5% in Thursday’s trading, touching their IPO price of $17, amid investor concerns about the fierce competition that the company faces from social media behemoth Facebook. Facebook has been relentlessly copying Snap features, ranging from its signature Stories, Lenses and ephemeral messaging to more niche tools such as 3D stickers and Scissors. There....More>>>
Gold is unlikely to mount a sustainable rally anytime soon just as it failed in June to build on its strong May performance.
Thats because there remains too much bullish enthusiasm in the gold market ....More>>>
A guy walks into a financial adviser’s office and says, “I’ve saved $250,000 and I’d like to retire next week and generate $100,000 a year from my portfolio for the rest of my life. Oh, and I want to buy a $50,000 boat.”
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Without missing a beat, the adviser replies, “That will only work if you....More>>>
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JPMorgan seems to be in a state of flux, along with other broker-dealers, in terms of what to do with plans to drop commissions in retirement accounts as part of its compliance with the Department of Labor’s....More>>>
Allergan (NYSE:AGN) stock has been performing very poorly as of late. Trump’s victory earlier this month rallied the whole biotech complex but unfortunately Allergan’s rally was short lived. The stock is now trading at sub $200 levels which means its earnings multiple is now much lower than the industry’s average of 17.6. Many investors have turned bearish on this stock because....More>>>