|Day's Range||50.07 - 51.83|
|52 Week Range||37.62 - 51.85|
|PE Ratio (TTM)||24.10|
|Dividend & Yield||0.64 (1.27%)|
|1y Target Est||N/A|
American Airlines (AAL) is in focus after receiving an unsolicited notice from Qatar Airways indicating that it wants to make a “significant” investment in the US airline, amounting to about a 10% stake. Shares of American Airlines are higher in early trading. Warren Buffett’s Berkshire Hathaway (BRK-A) has a 10% stake in American.
As an investment theme, cloud computing used to be greeted with skepticism. The poster child of that progression is Oracle (ORCL), which last week wowed Wall Street with a financial report that put to rest fears of the company being rendered obsolete by cloud computing. You can buy shares of Oracle for 16 times next fiscal year’s earnings and get a little cloud “exposure,” as they say, instead of spending 49 times projected earnings for the top cloud company, Salesforce (CRM), one of Oracle’s chief rivals.
Simon van Velthooven won a bronze medal in cycling at the London Olympics. This weekend the New Zealander hopes his pedalling power will propel him to glory in a different sport - the America's Cup. Cycling ...