- InvestorPlace•yesterday
Like I said, Berkshire Hathaway Stock Is a Steal Below $200
Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) jumped more than 5% July 18 on the news Warren Buffett and Charlie Munger have reconsidered their stance on Berkshire Hathaway stock repurchases, something many large investors have been clamoring for it to do. Up until the surprise announcement, Berkshire Hathaway could only buy back its stock at 1.2 times book value or less than that, a multiple it hasn’t seen since 2012. “It’s a somewhat significant change,” said Steven Check, president of Check Capital Management Inc in Costa Mesa, California.
- Fortune•yesterday
Elon Musk Responds Hours After Analyst Report Citing Model 3 Cancellations Hits Tesla Stock
Tesla CEO Elon Musk has tried to correct the record after an analyst report surfaced on Thursday saying his Model 3 is in trouble. In a tweet late on Thursday, Musk called an analyst report that said Model 3 cancellations are double today where they were last year at the same time and higher than orders “bs.” Musk added that last week, Tesla had 5,000 Model 3 “new net orders.” Net orders refers to total orders, less cancellations.
- Zacks•yesterday
Skechers (SKX) Crashes on Q2 Earnings Miss, Bleak View
Shares of Skechers USA Inc. SKX plunged roughly 25% during after-market trading hours on Jul 19, following the company’s soft second-quarter 2018 results. This comprises sluggish performance across its domestic wholesale and international distributor
- Investopedia•yesterday
How to Replace Your Paycheck When You Retire
While it doesn’t seem like it, saving for retirement is easy. You set aside a certain amount each month, or each paycheck, and invest it in your IRA or 401(k). That is, of course, an oversimplification. But once you retire and need to figure out how
- MarketWatch•2 hours ago
Jamie Dimon was best-paid bank CEO last year — you might want to know who came in fourth
JPMorgan Chase Co.’s (JPM)chief executive, Jamie Dimon, was the highest-paid CEO in the U.S. banking sector last year, snagging a tidy $28.3 million in total compensation, up 3.9% from the previous year, according to S&P Global Market Intelligence. Bank of America Corp. (BAC)CEO Brian Moynihan came in second place with total compensation of $21.3 million, according to the data company, followed by Michael Corbat, CEO of Citigroup Inc. (C) , who took home $17.8 million. The surprise: Fourth place went to Timothy Sloan of Wells Fargo & Co. Inc. (WFC) , who took home $17.5 million, even as his bank continued to slowly recover from a series of scandals involving the creation of unauthorized accounts and imposition of other products and fees on unsuspecting customers.
Business Insider•2 days agoCelebrated Wall Street stock picker Mark Mahaney offers his best tech investing advice: When a company name becomes a verb, it's time to buy (GOOG, GOOGL, TWTR)
One of the most accurate stock pickers on Wall Street recently shared his list of tips on how to spot winners and losers. Wall Street analyst Mark Mahaney, managing director at RBC Capital Markets, is widely known as one of the most accurate stock pickers on the Street.
- MarketWatch•yesterday
Tilray’s IPO is creating a buzz, but don’t overspend on marijuana stocks
Money is to be made in marijuana stocks in the long run. There may be sympathy plays in other cannabis stocks for a short-term trade. • Canopy Growth stock ran up on excitement about the legalization of marijuana in Canada, and many gurus are urging investors to buy this stock as a once-in-a-lifetime opportunity.
- Zacks•yesterday
3 Great REITs to Buy Right Now
The stock market’s strong run over the past few years brought attention to high-flying growth stocks, usually from the technology sector, that were consistently outpacing the market. However, fresh volatility within the last few months has shifted the
- Bloomberg•yesterday
Toyota May Halt U.S. Imports of Some Models on Trump's Tariffs
Toyota Motor Corp. may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks in showrooms will get more expensive, according to the automaker’s North American chief. The Japanese carmaker is busy analyzing scenarios about how tariff schemes could affect each of its car and truck lines, said Jim Lentz, chief executive officer for Toyota’s North American operations. Trump’s Commerce Department held a hearing Thursday on its probe into whether imports of passenger vehicles compromise U.S. national security.
- InvestorPlace•14 hours ago
3 Things to Watch in Tuesday’s AT&T Earnings Report
This year hasn’t been a great one for AT&T (NYSE:T) shareholders. T stock is down 19% since the end of December, as investors grapple with the impact of rising interest rates on dividend stocks, the uncertainty regarding the union of Time Warner and AT&T, and the fact that most of its key markets are not only quite competitive, but highly saturated. A reversal of fortune for struggling AT&T shares may be right around the corner.
InvestorPlace•21 hours ago5 Top Stock Trades for Monday — Buy GE and Microsoft?
General Electric (NYSE:GE) and Microsoft (NASDAQ:MSFT) reported earnings and reacted in very different ways. Tesla (NASDAQ:TSLA) could be gearing up for a big move, too. Not long ago, General Electric (NYSE:GE) got the boot from the Dow Jones.
- MarketWatch•2 hours ago
Caterpillar bearish ‘death cross’ pattern ends longest bullish streak in decades
Caterpillar Inc.’s stock chart has produced a “death cross” on Tuesday, to snap the longest bullish trend-following streak in at least 46 years, as the list of bearish technical patterns that have appeared in the last month just got a little longer. The streak is the longest since at least April 1972, which is the earliest FactSet has data for the moving averages. Caterpillar’s death cross comes about three weeks after the stock entered a bear market, which many technicians define as a decline of at least 20% from a bull-market high.
- Bloomberg•21 hours ago
Manafort's Mansion, Benz on Tap as Mueller Readies Tax Case
Here’s why Paul Manafort may find it hard to convince a jury he’s not guilty of bank and tax fraud, @davidvoreacos reports#tictocnews More from Bloomberg.comRead Manafort's Mansion, Benz on
- Zacks•23 hours ago
3 Tech Stocks for Dividend Investors to Buy Now
Tech stocks have been unpredictable at times recently, but the sector has rebounded from volatility strongly, and there is no question that tech has been the leader of the market’s strong multiyear run. Finding a strong dividend-yielding tech stock might feel like searching for a golden goose, but investors should not feel too intimidated. In fact, dividend-focused investors can search for the best tech stocks by using the Zacks Stock Screener, the perfect one-stop screening tool for investors of all kinds.
- Bloomberg•yesterday
AT&T Adds Three More U.S. Cities to 5G Plans as It Races Verizon
AT&T Inc. will roll out 5G service to three additional U.S. cities, a sign that the industrywide push to adopt the speedier standard is finally moving from marketing announcements to reality. Oklahoma City and two North Carolina cities -- Charlotte and Raleigh -- will be getting the mobile service later this year, AT&T said on Friday. Rival Verizon Communications Inc., meanwhile, has discussed adopting 5G service in four cities this year, including Los Angeles and Sacramento, California.
- TheStreet.com•yesterday
Intuitive Surgical Gets New Price Targets After Earnings Beat
Investors should be excited about Intuitive Surgical Inc. The company reported second quarter profits of $327.4 million, beating analysts' consensus estimate of $292.8 million, while its per share earnings beat the consensus by more than 10%. Canaccord Genuity analyst Jason Mills argued that Intuitive has "solidified its position as the preeminent growth company in large-cap med-tech," according to a research note.
- InvestorPlace•12 hours ago
Why Stock Market Will Keep Heading Higher, Despite Inverted Yield Curve
In early February, the stock market was in sell-off mode because inflation and rate hikes were pushing up fixed income yields, which was increasing borrowing costs and pressuring equity valuations. Such inflation concerns have largely moved into the rear-view mirror. History suggests that despite an inverted yield curve, the stock market should do just fine for the next 12-plus months.
- Zacks•22 hours ago
General Electric (GE) Q2 Earnings Beat, Down on Weak Margins
General Electric Company GE reported better-than-expected results in second-quarter 2018, delivering a positive earnings surprise of 5.6%. This was the company’s second consecutive quarter of recording an earnings beat. The first-quarter earnings surprise
- Bloomberg•yesterday
Putin Hedges Trump Bet by Dumping Treasuries to Safeguard Assets
Russian officials are hoping Vladimir Putin’s rapport with Donald Trump will lead to rapprochement with the U.S. But they’re not taking any chances. A U.S. Treasury report this week appears to show Russia liquidating dollar assets at a record pace, selling four-fifths of its cache of U.S. government debt, $81 billion worth, over a two-month period. It started in April, when the U.S. imposed the most onerous sanctions yet on allies of Putin.
- Zacks•yesterday
Why is Micron (MU) Down 2.5% Since its Last Earnings Report?
A month has gone by since the last earnings report for Micron Technology, Inc. MU. Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. The company registered year-over-year growth in both earnings and revenues and surpassed the Zacks Consensus Estimate as well.
- TheStreet.com•6 hours ago
How Millennials Can Retire in Their Early 60s
No one can say millennials aren't optimistic. It won't be easy, but retirement planning experts weighed in on how they can reach that lofty goal. Millennials who are just beginning to earn an income or who still might be in college probably don't think saving for retirement should be a big priority when they're just starting out.
- Zacks•yesterday
Will Marijuana Stocks Bloom as US Moves Toward Legalization?
Legalization of recreational marijuana is on the verge of becoming a reality in the United States as nine states have already legalized every kind of marijuana use. Additionally, the number of Americans supporting the legalization of marijuana usage in both medical and recreational ways has also increased significantly. Also, the industry witnessed first ever U.S. marijuana IPO from Canadian company Tilray.
- Zacks•yesterday
Will AT&T (T) Beat Q2 Earnings on Healthy Inorganic Growth?
AT&T Inc. T is scheduled to report second-quarter 2018 results after the closing bell on Jul 24. In the last reported quarter, adjusted earnings missed the Zacks Consensus Estimate by a couple of cents. During the quarter, AT&T received the green signal from the court to go ahead with its proposed deal to buy the mass media and entertainment conglomerate, Time Warner, for $85 billion.
- TheStreet.com•yesterday
How to Trade General Electric's Stock After Earnings for Superior Gains
About that GE. If you'll recall, I got out of my more than a year long position in General Electric unscathed in response to first earnings last spring. Unscathed if you do not consider the time and effort spent over a lengthy period massaging an
- InvestorPlace•2 days ago
Don’t Let Debt Scare You From the AT&T Dividend Yield
Colloquially known as the dividend king, AT&T (NYSE:T) has more than earned that title thanks to 34 years of annual dividend raises. Through multiple boom-bust cycles, an unprecedented global banking crisis, and several military conflicts, the AT&T dividend yield has stayed true. With the telecom giant’s much-covered acquisition of Time Warner, several investors have questioned the viability of the AT&T dividend yield.
