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.
Source: ThinkstockUntil about 2008 or so, discussion about the future price of crude oil was directed by the concept of peak oil. That is, when does the world reach peak production, after which the price of crude will skyrocket. In less than a decade, the discussion is now focused on the concept of “peak demand,” the point at which global demand for crude begins to decline.
Renault (OTC:RNSDF) is a leading European car manufacturer headquartered in Paris with a market value of $27B. It has a P/E of 6.5, a P/B of 0.77 and a P/S of 0.47 and a dividend yield of 3.9%. Which is cheap in absolute terms but not uncommon for car companies. The partial ownership of Nissan (OTCPK:NSANY) however distorts the picture and in reality Renault is even cheaper. This means Renault is....More>>>
Its already almost mid-March, when a U.S. rate hike and European elections those longtime wallflowers look set to blossom into actual market-moving events.
Weve also got the jobs report on Friday and the Europe Central Bank giving its two cents on Thursday. All these events are hitting as traders keep wondering how much stocks might retreat after their latest jaunt higher.
The San Andreas fault runs along the coast of California from Humboldt County in the north to near the Mexican border in the south, and it could simultaneously rupture along its full length, causing nearly $300 billion in property damage.
Based on the most recent data from the Uniform California Earthquake Rupture Forecast, Version 3 (UCERF3), a magnitude 8.3 quake is between 32% and 126%....More>>>
Once a child refugee of the Cuban Revolution, Raul Alarc贸n, Jr. had big dreams growing up. He wanted to become a doctor. He studied pre-med at Fordham University. But medical school — and a career in the medical profession — weren’t in the cards.
Instead, Alarc贸n took a much different turn. He helped his father build America’s largest Spanish language radio....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