Business Insider•yesterdayNetflix's IPO was 16 years ago Wednesday — here's how much you'd have made if you invested $1,000 back in the day (NFLX)
Wednesday was the 16th anniversary of Netflix's initial public offering. A $1,000 investment made at the stock's first-day closing price would be worth nearly $300,000 today. Wednesday was the 16th anniversary of Netflix's initial public offering, and an investor buying in then would have made a very impressive return over the years.
- MarketWatch•3 hours ago
There’s good early retirement and bad early retirement. What to do if you get the bad one
Forced into early retirement? How to make the best of a bad situationGetty Images/iStockphotoAbout 60% of retirees didn’t plan to retire when they did.DMAMBMCMDMEMGPREVIEWZBZBRZDZDRZFZGZQZRZSZTZUDave Bernard planned on retiring at age 62. But in early
- The Fiscal Times•20 hours ago
Why Companies Aren’t Investing Their Tax Cut Windfalls
One big problem is uncertainty surrounding some of the new rules, especially as they relate to the taxation of international profits. The old tax law had many problems, Gleckman writes, but the flawed system at least provided the certainty that many businesses say they need to plan new capital spending. Numerous critics have pointed out that the promised surge in domestic investment as a result of the corporate tax cut has yet to materialize, and Gleckman thinks that uncertainty over how the new rules will work in practice and the possibility that they may see substantial adjustments in the near future are leading companies to sit on the cash or simply return it to shareholders through dividends and buybacks.
Reuters•13 hours agoMeghan Markle makes gold sales sparkle
The Meghan Markle effect has spread to yellow gold jewelry, helping boost United States sales in the first quarter of 2018 with further gains expected, jewelers said. The first three months of the year were the strongest first quarter for gold jewelry demand in the United States since 2009, according to the World Gold Council. Sellers say that is due in no small part to the public's fascination with American actor Meghan Markle, who was engaged to Britain's Prince Harry last November and who married him in a dazzling ceremony on Saturday.
- InvestorPlace•4 hours ago
20 Stocks Millennial Investors Can’t Get Enough Of
Which stocks are millennial investors buying? It used to be tough to stay but ever since the trading app Robinhood went viral, with its zero-commission trading structure, we can now easily see what millennial investors are buying. Because Robinhood is essentially all millennial investors.
- Zacks•6 hours ago
Is the Options Market Predicting a Spike in Frontier Communications (FTR) Stock?
Investors in Frontier Communications Corporation FTR need to pay close attention to the stock based on moves in the options market lately. What is Implied Volatility? Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
- Barrons.com•yesterday
Biopharma M&A: You Ain't Seen Nothing Yet
Barron's has previously discussed how mergers and acquisitions will be a theme for pharma and biotech. With Takeda Pharmaceutical’s (4502.Japan) deal to buy Shire (SHPG), Leerink's Geoffrey Porges takes a look at what other deals could come to fruition. If companies chose to borrow to make acquisitions, that wouldn't be a problem either, he argues, as the group could collectively borrow another $460 billion if the industry returned to its peak leverage ratios, and the biggest companies could easily absorb any acquisitions with little debt worries, especially with synergies.
- Zacks•4 hours ago
Why Is QUALCOMM (QCOM) Up 18.2% Since Its Last Earnings Report?
A month has gone by since the last earnings report for QUALCOMM Incorporated QCOM. 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. Qualcomm reported healthy financial results for second-quarter fiscal 2018 (ended Mar 25, 2018), supported by better-than-expected performance in semiconductor business and lower operating expenses.
- Morningstar•7 hours ago
How Well Does Your Passive Dividend Fund Avoid Risky Stocks?
Actively managed equity-income funds tout their ability to put together a portfolio of stocks that offer above-market dividend yield while avoiding riskier stocks. Chasing yield can be dangerous because the highest-yielding names are more likely to have weak or deteriorating fundamentals than lower-yielding stocks, which could lead to dividend cuts. More importantly, the market identifies firms with declining fundamentals, and these stocks' prices reflect their slumping prospects head of them reducing or eliminating their dividend payments.
- Bloomberg Video•21 hours ago
Why China May Block Qualcomm's Pursuit of NXP
May.24 -- Fei Deng, Edgeworth Economics partner, discusses Qualcomm Inc.'s bid to acquire NXP Semiconductors NV with Bloomberg's Ed Hammond on "Bloomberg Markets."
Reuters•23 hours agoU.S. launches auto import probe, China says will defend interests
The Trump administration has launched a national security investigation into car and truck imports that could lead to new U.S. tariffs similar to those imposed on imported steel and aluminum in March. The national security probe under Section 232 of the Trade Expansion Act of 1962 would investigate whether vehicle and parts imports were threatening the industry's health and ability to research and develop new, advanced technologies, the Commerce Department said on Wednesday. Higher tariffs could be particularly painful for Asian automakers including Toyota Motor Corp , Nissan Motor Co , Honda Motor Co and Hyundai Motor Co , which count the United States as a key market, and the announcement sparked a broad sell-off in automakers' shares across the region.
- Investor's Business Daily•2 days ago
Oil Prices Mixed After This U.S. Shock; OPEC, Russia Eye 'All Options'
Oil prices recovered some ground Wednesday after a surprise jump in U.S. crude inventories, which added another headwind to oil markets following suggestions that OPEC might increase production. The Energy Information Administration said domestic stockpiles
- CNBC Videos•21 hours ago
Netflix passes Disney in market cap
Netflix continues to conquer the media world. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Steve Grasso, Karen Finerman and Dan Nathan.
- Bloomberg•2 days ago
Alibaba’s Tiny Loss-Making Unit Suddenly Soars 70%
A stock that until last week wasn’t covered by a single analyst has rallied 70 percent since May 16 for no apparent reason, at one point generating more turnover than some of Hong Kong’s biggest companies. The sudden gains have made Alibaba Health Information Technology Ltd. -- a subsidiary of Chinese megacap Alibaba Group Holding Ltd. -- easily the best performing stock on the MSCI Asia Pacific Index this month. Some $135 million worth of shares exchanged hands on May 17, making it the fifth-most traded stock in Hong Kong and surpassing giants including HSBC Holdings Plc, PetroChina Co. and Bank of China Ltd., which are more than 20 times as valuable.
InvestorPlace•23 hours ago5 Top Stock Trades for Friday Morning
President Trump decided to pull out of his meeting with North Korean leader Kim Jong Un and that’s left stocks under pressure. Here’s our top stock trades as a result. Top Stock Trades for Tomorrow #1: Advanced Micro (AMD) I love when a stock shows
- Zacks•yesterday
Why Is Corning (GLW) Up 3.4% Since Its Last Earnings Report?
A month has gone by since the last earnings report for Corning Incorporated GLW. Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Corning delivered first-quarter 2018 adjusted earnings of 31 cents per share surpassing the Zacks Consensus Estimate by a penny.
Bloomberg•7 hours agoGoldman Says Riskiest Junk Bonds Are Most ‘Mispriced’ Since 2007
The C-C-Craze for some of the riskiest corporate credits has gone too far, according to Goldman Sachs Group Inc. Bonds in the CCC category -- just two notches above default -- have returned a whopping 330 basis points in total this year, according to Bloomberg index data. Meanwhile, Goldman’s preferred valuation measure of corporate credit, which subtracts their projected expected-loss rates from current spreads, shows U.S. high-yield obligations are now mispriced for even the most benign scenarios.
- CNBC•5 hours ago
Your first trade for Friday, May 25
The " Fast Money " traders shared their first moves for the market open. Tim Seymour was a buyer of Lennar LEN . Steve Grasso was a buyer of Alibaba BABA . Karen Finerman was a buyer of Foot Locker FL . Dan Nathan was a buyer of Disney . Trader
- Bloomberg•yesterday
Delta Returns to Mumbai After U.S. Pact on Persian Gulf Airlines
Delta Air Lines Inc. will resume flights to Mumbai, following an agreement between the U.S. and two Persian Gulf countries over government subsidies to their state-owned carriers. The India service would begin next year, subject to government approval, Delta said in a statement Thursday. The Atlanta-based airline didn’t disclose what U.S. cities would get the nonstop flights.
- Zacks•yesterday
Homebuilders Gain Despite a Dip in April's New Home Sales
The decline was led by a 7.9% fall in new home sales in the West, while Midwest and South remained almost unchanged. April’s data fell shy of March’s new home sales, which were up 4% sequentially. April’s new home sales were up 11.6% year over year, while the same for March increased 8.8%.
- Investopedia•7 hours ago
Bernstein: UPS, FedEx Safe From Amazon Flex
Amazon.com Inc. ( AMZN) is known to enter a market, disrupt it and dominate it. Amazon Flex is the Seattle, Washington-based e-commerce giant’s crowdsourcing delivery program in which it will pick up third-party merchants packages from warehouses and handle delivery to customers. It's something UPS and FedEx often do for the online retailer.
- InvestorPlace•yesterday
3 Top Biosimilars that Will Lift Pfizer Inc. Stock Even More
A month ago, Pfizer Inc. (NYSE:PFE) felt the sting of a somewhat surprising disappointment. Its biosimilar version of Herceptin, the popular breast cancer drug from Roche Holding AG (OTCMKTS:RHHBY), was rejected by the FDA.Biosimilar drugs are nearly-identical copies of a competitor’s product. It was a blow not just because Herceptin generated sales of more than $7 billion last year, but because it put the viability of Pfizer’s entire biosimilar program into question.
- CNBC•1 hour ago
Traders bet GE could be gearing up for a massive rally
General Electric GE shares have been in free fall, but options traders are betting on a resurgence ahead. The stock has plunged to near-decade lows this year, down 47 percent over the last 12 months. On Thursday, shares of General Electric jumped nearly 3 percent setting off a surge in bullish trading activity, with call options doubling that of puts.
Bloomberg•2 days agoModi Has an Oil Problem – and Saudi Arabia Is Set to Make It Worse
India’s Prime Minister Narendra Modi has an oil problem. Modi’s government made the most of cheap oil by substituting any fall in prices with taxes that kept retail fuel rates unchanged for consumers and boosted the federal revenue. “There is a strong case for the central government to take another excise duty cut, and ask state governments to reduce value added tax,” Anil Sharma and Ravi Adukia, analysts at Nomura Financial Advisory and Securities India Pvt.
- Bloomberg•9 hours ago
Johnson Controls Power Unit Draws Interest from KKR, Apollo
Johnson Controls International Plc is drawing interest from private equity firms KKR & Co. and Apollo Global Management LLC for its power solutions business that could value the unit at as much as $12 billion, people familiar with the matter said. The firms were part of a select group of financial sponsors, which also included CVC Capital Partners and Advent International, that were invited to what’s known as a gold card meeting with Johnson Controls management last week to assess their interest in the unit, the people said. Representatives for Johnson Controls, KKR, Apollo, CVC and Advent declined to comment.
