Breakout

  • Kroger surges, Pier 1 sinks and Blackberry may be back from the dead

    Breakout Staff at Breakout5 mths ago

    Time for your daily dose of Trending Tickers, the stocks that you're tracking as measured by Yahoo Finance ticker searches. Making the list today are:

    Kroger (KR) - The super market giant is up more than five percent on an earnings beat. We've said it a hundred times - grocery is the most unforgiving business on the planet. Kroger shares have doubled in the last two years and the company has a net margin of 1.5%. Staying alive gets you into the grocery Hall of Fame. Thanks to its purchase of Harris Teeter and successful roll-out of in-house organics, Krogers was able to boost its earnings forecast to a range of $3.19 to $3.27 versus prior outlook of $3.14 to $3.25. At Facebook that'll get you fired but for Kroger it's good for a 5% gain.

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  • Arms race among online financial advisors gives investors much more, for less

    Michael Santoli at Breakout5 mths ago

    When robo-advisors compete, human investors win.

    The group of fast-growing software-based investment firms casually known as robo-advisors are hustling to deliver more-sophisticated portfolio-management services as they compete for client dollars and public attention against one another and entrenched wealth-management powers.

    In the latest bit of oneupmanship, online-advisor pioneer Betterment is launching a new tax-management tool meant to minimize tax exposures throughout every customer transaction, collecting tax losses opportunistically while maintaining target asset allocation for customers with at least $50,000 in their account.

    Betterment, which has $650 million in assets under management, claims the incremental after-tax returns from using its system, just now being announced to clients, are an extra 0.77%  a year using conservative assumptions and up to an average of 2% a year using others (with annual savings reinvested)  – substantially more than the added return estimated by rival Wealthfront for its own tax-loss harvesting approach.

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