Marcus Corp. MCS) on Thursday reported fourth-quarter net income of $8.7 million. On a per-share basis, the Milwaukee-based company said it had net income of 30 cents.
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. LPL Financial (LPLA) is one such stock that our proprietary system currently recommends. The company not only has a favorable Growth Score, but also carries a top Zacks Rank.
You may buy a $50 stock with a 2% dividend, but if that dividend then doubles over the course of several years, and the stock price doubles as well, the effective yield on that $50 investment becomes 4%. Nadella's Microsoft avoids the media spotlight, it talks softly but carries the big technology stick.
Overview of Silver-Certificate Dollar Bill A silver certificate dollar bill is a former circulation of paper currency that allowed for the direct exchange of silver. This representative money allowed for the redemption of silver coins or raw bullion equal to the certificate's face value. The certificate was used to back U.S. paper currency systems during the 1800s and 1900s.
Momentum investing revolves around the idea of following a stock's recent trend in either direction. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Agilent Technologies (A), which currently has a Momentum Style Score of A. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions.
CNBC's Leslie Picker reports on the latest SEC filing from Warren Buffett's Berkshire Hathaway, detailing the stocks it bought and sold during the fourth quarter of 2018. There are some surprises.
Shares of Extraction Oil & Gas surged in Friday trading after the company's profits blew past analyst expectations and its 2018 oil production exceeded the company's own highest predictions. The Denver-based company's stock (Nasdaq: XOG) rose 19 percent, to $4.54, in afternoon trading on the strength of financial results it reported after the market closed Thursday. Extraction reversed losses from a year earlier and reported making $99.9 million fourth-quarter profit, or 51 cents per share, on $288.2 million in revenue from oil and natural gas sales.
The Trump administration this week moved forward a proposal to end an Obama-era work authorization program for the spouses of H-1B visa holders — a move that would largely impact Indian women living and working in Silicon Valley. The Department of Homeland Security on Wednesday delivered a report to the White House outlining how the rollback would work, and what its impacts might be. The White House is expected to gather additional input from other government agencies before gathering public comments.
As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon.
It could soon become a classic Harvard Business School case study in how a new, highly-praised strategy for reviving slogging, slow-growing brands was exposed as disaster in a single earnings call. Over the past several years, Brazilian investment firm 3G has deployed brutal cost-cutting to raise profits at Anheuser-Busch InBev, Burger King, and Kraft Heinz, using an approach called zero-based budgeting requiring that each expense be justified from scratch each year, as opposed to the traditional approach of adding a couple of percentage points to last year's line items. A Harvard Business School article in 2016 warned that the technique is “not a wonder diet for companies.” That prophesy was confirmed by Thursday's catastrophic announcement from Kraft Heinz.
The Chinese economy continues to grow faster than almost any other country in the world — at an annual pace of roughly 6%. The middle class is expanding by millions each year, and that has led to a Chinese consumer who is spending instead of saving for the first time ever. Add in the trade issues with the United States and Chinese stocks fell into a deep bear market last year.
While many Americans are struggling to save for retirement and employee pension programs, both public and private, are facing lots of uncomfortable realities, elected representatives and senators in the United States Congress still receive envious pension benefits for life. Retirement pay for Congress is not normally a big election year issue, but it might serve as evidence of a disconnect between lawmakers and mainstream America. Overview The median net worth for a member of Congress surpassed $1 million in 2013, where it remained through 2018.
The Tax Cut & Jobs Act lowered marginal tax rates, but, those rates revert to higher levels in 2026. No one knows if this will happen or not. Right now, according to the law, it will.
This is not something that its conservative, income-focused investor base had in mind when it got into one of Warren Buffett's largest holdings. The damage to Buffett is pretty clear, with his position down by more than $4 billion assuming it's unchanged from the latest 13-F filings and was unhedged going into Friday. Apple is a holding in Jim Cramer's Action Alerts PLUS member club.
No matter how many times management reiterates its cash flow outlook and plan to pay down debt, investors just aren't willing to gobble up AT&T stock. As a result, shares continue to stagnate in this $30 area, leaving it with an elevated dividend yield. That yield has been attractive to me over the past year, as I've steadily collected and DRIP'ed that quarterly payout as shares have essentially gone nowhere since last summer.
India Globalization Capital Inc. shares more than tripled in value Friday after it successfully challenged a New York Stock Exchange decision to delist the cannabis pharmaceuticals business over its foray into energy drinks. The stock had fallen to as low as 25 cents after getting relegated to trade over the counter in October under ticker IGCC.
Healthy Dividend Stocks to Buy for Extra Stability Here are my top nine picks for “monster” growth stocks that will kickstart strong gains in 2019: High-Growth Stocks to Buy: Amazon (AMZN) E-commerce giant Amazon (NASDAQ:AMZN) had a monstrous final third in 2018, and I don't mean that in a good way. AMZN stock peaked on the first trading day of September. Since then, shares plummeted slightly over 34% before clawing back some of those losses.
The Car Coach Lauren Fix on how Tesla shares fell, after Consumer Reports says it will no longer recommend the Model 3 due to reliability issues.
Warren Buffett's Berkshire Hathaway is considering a rare sale from its vast operations, looking to unload San Francisco-based Applied Underwriters, Reuters reported Friday, citing unnamed sources. Applied Underwriters falls outside of Berkshire's concentration on insurance, making it a non-core asset that focuses on bundling workers compensation and other employment-related insurance products for small and mid-sized businesses, sources told Reuters. Berkshire (NYSE: BRK.A) (NYSE: BRK.B) is said to be in talks with a consortium of insurance companies to buy Applied Underwriters for a price that comes close to the value of its book of business, Reuters said, adding that the deal is in an advanced stage of negotiations but could still fall through. A deal could be announced as soon as Saturday, when Berkshire releases quarterly earnings as well as Buffett's widely followed letter to shareholders.
Kraft Heinz Co shares fell to a record low on Friday a day after the food company disclosed a $15 billion write-down on its marquee brands, raising concern that years of rigorous cost cutting have eroded the value of its Kraft cheeses and Oscar Mayer deli meats. Kraft's revenue growth has stagnated in the years since it merged with Heinz as consumers shun older, established brands for newer products, cheaper private label brands and non-processed and organic food. The shares fell as much 28 percent to a low of $34.51, wiping $17 billion off the company's market value.
They are first up on our top stock trades list. Roku (ROKU) Just this morning we recapped the blowout earnings results from Roku (NASDAQ:ROKU). I never understood why people were tossing this stock out below $40 (and later, below $30 in December) after a beat-and-raise quarter in November.
They are slowly plowing their way across thousands of miles of ocean toward America's Gulf of Mexico coastline. As they do, twelve empty supertankers are also revealing a few truths about today's global oil market. In normal times, the vessels would be filled with heavy, high sulfur Middle East oil for delivery to refineries in places like Houston or New Orleans.
Crude inventories in West Texas dropped this week to the lowest in four months after a converted pipeline began transporting crude from the nation's biggest shale oil field to the U.S. Gulf Coast, data from market intelligence provider Genscape showed. The drop in storage in the Permian Basin is another sign that new pipelines out of the region have begun to alleviate a crude bottleneck that depressed local crude prices as production overwhelmed pipeline capacity and filled storage tanks. Crude inventories in the Permian Basin fell to 15 million barrels in the week to Feb. 19, the lowest since October and down from a record 22 million barrels in November.
The packaged food giant reported a troika of bad news on Thursday -- profit that missed estimates, a $15.4 billion writedown on assets and an SEC subpoena -- that sent its shares plummeting 27 percent to a record low on Friday, a plunge that wiped out more than $16 billion in market value. It seems to be more than just a bad quarter for the maker of Oscar Mayer hot dogs and Kraft macaroni and cheese. The results raise existential concerns about the investment thesis of a company that was created in a 2015 merger orchestrated by Warren Buffett and 3G Capital, a private equity firm known more for its cost-cutting zeal than its ability to nurture consumer brands.
In our series My 6-Figure Paycheck, women making more than $100,000 open up about how they got there and what exactly they do. We take a closer look at what it feels like to be a woman making six figures — when only 5% of American women make that much, according to the U.S. Census — w ith the hope it will give women insight into how to better navigate their own career and salary trajectories. Job: Head of Lifecycle Marketing, Internet & Technology Age: 33 Location: San Francisco, CA Degree: Bachelor of Arts, Sociology & English First Salary: $55,000 Current Salary: $145,000 As a kid, what did you want to be when you grew up?