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>>>
October 13, 2016: Markets opened lower Thursday following a weaker view on China’s trade balance joined with worries about the Fed and third-quarter earnings leave investors with the jitters. Citi, Wells Fargo, and JPMorgan all report quarterly results before the opening bell Friday. The financial sector was down about 1% late in the afternoon and gains in utilities and real estate were not....More>>>
November 11, 2016: Markets opened lower Friday and did not move much from the breakeven line for most of the day. Friday’s best performing sectors were real estate and consumer discretionary stocks, with energy and materials the worst performers. WTI crude oil for December delivery settled at $43.41 a barrel, down 2.8% for the day and down 1.5% for the week. December gold dropped 3.3% on the....More>>>
My True Wealth Systems readers are up 35% in just four months on one trade… How are we up so much? We made a massively contrarian bet. In March, we placed a short-term bet on lower oil prices. We were so confident in the trade that we made it with "leverage" to increase our potential gains. Oil prices have crashed in recent weeks. They fell by nearly $10 per....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>>>
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