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.
As if the Obamacare exchanges don’t have enough problems, now they’re a bargaining chip in the major health insurance companies’ quest to consummate two mega-mergers.
The health insurers have objected to two U.S. Department of Justice lawsuits aimed at blocking the mergers on antitrust grounds. Several of the insurers, including Aetna Inc. (NYSE: AET), responded to....More>>>
On Wednesday, stocks recovered following the worst day overall since October. The gains were led by the technology sector, which in many cases reversed following their worst day of the year on Tuesday.
However, despite the tech rebound, the blue chips lagged pulling the Dow Jones Industrial Average down less than 0.1%. Nike Inc (NYSE:NKE), a Dow component, fell 7.1%, pulled lower by a lackluster....More>>>
DOL Wont Delay June 9 Fiduciary Rule Compliance Date: Acosta
Distributions Out of a Cash Value Life Insurance Policy
A change added to the big health bill that the House passed May 4 could shut about one-sixth of U.S. sick people out of the individual major medical market, and push some of those sick people into employer-sponsored health....More>>>
Attorney General Jeff Sessions' latest attempt to crack down on legal weed might be dominating news headlines, but we had to make sure Money Morning readers aren't overlooking the Canadian marijuana market.
The Canadian marijuana market is expected to reach $4.5 billion in le
We’ve been following second-quarter earnings results since late May. Now the seasonal pivot has shifted, with only a few scattered companies left to release their numbers before we transition to the August cycle. That means the next wave of 10-Q filings I’ll be studying over the
Finding cyclical value stocks while the market is at all-time highs is no easy task, but it is possible. This week I discovered and bought a high-conviction cyclical value stock, Powell Industries (POWL). It follows on the heels of three deep cyclical value stocks I wrote about in 2016 that retur