The Economist Intelligence Unit ranked victory for Republican presidential candidate Donald Trump at 12 on an index where the current top threat is a Chinese economic “hard landing” rated 20 Most talk about President-elect Donald Trump’s technology policies – or “the cyber,” as he calls them – has revolved around his takes on Russia’s hacking of the Democratic National Committee. After being appointed as chairman of the Federal Communications Commission by President Obama, Tom Wheeler enacted a set of reforms to United States telecommunications policy that reclassified internet service providers as common carriers, thus allowing him to implement network neutrality restrictions on their activities.
Day: January 5, 2017
Ski-run surprise: Lynx stroll past crowds in rare sightings
This Dec. 15, 2016 photo provided by Dontje Hildebrand shows a lynx walking along a highway in Molas Pass outside of Silverton in southwestern Colorado. Only about 50 to 250 lynx are believed to be living in the wild in Colorado, and sightings are rare.
Hilton Worldwide (HLT) Gets ‘Sell’ Rating, Stock Slips
Hilton Worldwide stock was downgraded to a “sell” from a “hold” at Hamburg, Germany-based Berenberg , a day after the hotel operator split itself into three separate, publicly traded companies. Berenberg analysts do “see a number of positive features in Hilton,” such as strong structural growth and potential shareholder returns of $3.8 billion over the next three years.
UGG Holiday Sales Pump Deckers Outdoor
Deckers Outdoor is a buy thanks to strong holiday sales from its UGG brand, analysts at Canaccord Genuity wrote today, while maintaining the stock’s “buy” rating and $70 price target. The firm’s checks showed that cold winter weather in late November through December drove a sharp increase in weekly sell-through rates, likely in the 25% range.
Procter & Gamble Is Poised for a Rebound
Procter & Gamble shares have been stuck in a fairly tight range for the last four weeks. As December begins, the stock is showing signs of improvement and may be on the verge of a breakout from the current consolidation.
Throat drop maker says its banned ad is fun, no menace
A throat lozenge company says the commercial it wants to run during NBC’s Golden Globes broadcast Sunday is a goof on subliminal ads, but the network isn’t buying it. “This is clearly a parody of a subliminal ad, and the audience is in on the joke,” McDowell said in a statement.
Throat drop maker says its banned ad is fun, no menace Los Angeles…
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Tesla Motors Inc.’s Misses Are Habitual, but So Is Its Mind-Boggling Growth
Indeed, if anything, shareholders might have been happy to see production increasing — even if the company is underperforming its own ambitious growth targets. Tesla stock was up about 5% in late afternoon trading Wednesday.
Service-Sector Activity Remained Solid in December
Growth in economic activity across the sprawling U.S. service sector was steady and solid in December, a sign of momentum for the broader economy headed into the new year. The Institute for Supply Management on Thursday said its index of nonmanufacturing activity was 57.2 in December, unchanged from its November level.
Drivers to Pay More at the Pump in 2017
GasBuddy expects gas prices to average $2.49 a gallon in 2017, an increase of 36 cents versus 2016, as a stronger oil market and improving economic trends make it more expensive to fill up. “The list of factors being mixed into the yearly forecast has never been larger,” said Patrick DeHaan, senior petroleum analyst for GasBuddy.
Brokers for Long-Term Investors: Interactive Brokers vs. Charles Schwab
When you’re ready to start investing, you’ll need to open a brokerage account to place your orders. Many investors now use online discount brokers for self-directed accounts to make trades quickly, conveniently, and inexpensively.Today we’ll look at two of the largest brokers out there, Interactive Brokers and Charles Schwab , to see how they compare on factors that are important to investors.
Better Buy: Palo Alto Networks, Inc. vs. Check Point Software Technologies, Ltd.
In many ways, 2016 turned out to be the year that wasn’t for data security providers. Tighter IT budgets and longer sales cycles were the likely culprits.
3 Reasons Geron Corporation Plunged 57% in 2016
The impetus for the fall can be traced to three catalysts. , it provided an update on the company’s two ongoing mid-stage studies, IMbark and IMerge.
The Scariest Thing About Bristol-Myers Squibb’s Dividend
With a current yield of 2.67%, investors still have reason to show the love. But there is something that might seem scary to some investors — the company’s ability to keep the dividends flowing at current levels.
After Brexit
At worst Brexit could devastate the farming sector; on average 60% of farm incomes come in the form of EU subsidies.
How I Ditched Debt: Debt Free Guys
In this new series, NerdWallet interviews people who have faced debt and triumphed using a combination of commitment, budgeting and smart financial choices. Their stories may even inspire you to pay off your debt .
DISH Network Corporation (DISH) Bond Prices Rise 0.4%
An issue of DISH Network Corporation bonds rose 0.4% as a percentage of their face value during trading on Tuesday. The high-yield issue of debt has a 5.875% coupon and will mature on November 15, 2024.
Saunders Paints Realistic Outlook for Allergan in 2017
Having fallen short of earnings expectations in its third quarter, Allergan says non-GAAP earnings per share should see double-digit growth in the year ahead. Allergan offered some color on its outlook for the year ahead on Thursday, and according to at least one company follower, the cautiousness of CEO Brent Saunders ought to be well received after the company widely missed its third quarter earnings target.
Jim Cramer — Nvidia Is Far From Done
Nvidia was the top performing stock in the S&P 500 in 2016, rising more than 220% in the year. This growth has been so astounding, some investors are being reminded of the dot-com boom and subsequent bust at the beginning of the millennium, TheStreet’s Jim Cramer, co-manager of the Action Alerts PLUS portfolio , said on CNBC’s “Mad Dash” segment.
Stocks Wobble as Retailers Suffer From Weak Holiday Season
Stocks wobbled between gains and losses on Thursday morning after retailers suffered from a poor performance over the critical holiday-shopping season. The S&P 500 was down 0.03%, the Dow Jones Industrial Average fell 0.05%, and the Nasdaq climbed 0.2%.
Why Gold Stocks, Not Gold, Belong in Your Portfolio
Comex gold has been slumping since Donald Trump was elected president on Nov. 9. Today, the weekly chart for gold is negative but oversold, but still has a solid gain since the end of 2015 and since bottoming on Dec. 3. Investments in gold equities have been more volatile , but have outperformed the precious metal since setting multiyear intraday lows between August 2015 and January 2016. The VanEck Vectors Gold Miners ETF , Barrick Gold , Yamana Gold , Goldcorp and Newmont Mining may be deep in bear market territory from their 2016 highs, but they are also in bull market territory since their lows and have outperformed since the end of 2015.
Top Takeaways From CES 2017: Nvidia Struts Its Stuff While Intel and Samsung Look for Growth
Intel gave a first-hand look at VR’s potential and Samsung added to its smart home bet, but Nvidia stole the show by announcing impressive new partnerships and initiatives. In their own ways, Intel and Samsung’s big news events on CES 2017’s press day carried with them important subtexts about where growth in their largest businesses has flattened, and how the companies are looking to respond.
Why Amazon Selling Gym Clothes Won’t Put Lululemon and Under Armour Out of Business
Analysts explain why a workout clothing line from Amazon.com wouldn’t have a big impact on retail giants like Nike , Under Armour and Lululemon . Sports retailers such as Nike , Under Armour and Lululemon Athletica shouldn’t be too concerned about Amazon.com starting its own line of athletic clothing, according to analysts.
How to Combat Racial and Other Biases in Hiring When Our Photos Are All Over the Internet
Social media has made sure our headshots are strewn everywhere online. Can recruiters and hiring managers combat the inherent prejudices that may emerge? The proliferation of social media has increased the use of conducting online research of job candidates by recruiters and hiring managers before they arrive for an interview, raising the odds that biases and lack of objectivity will emerge from photos and personal details.
David Katz
David Katz is the president and chief investment officer of Matrix Asset Advisors, which he co-founded in 1986. Prior to co-founding Matrix, he worked at Management Asset Corp. in the research and portfolio management areas.
Rpt: Ex-Employee Sues Snapchat, Alleges it Misled Investors
A former employee has dragged Snapchat to court accusing the messaging app of misleading investors and trading partners to drive up its initial public offering, the Hollywood Reporter said citing a court document. In the lawsuit filed on Wednesday in a California court by Anthony Pompliano, who earlier worked with Facebook Inc, also alleged he was fired for being a whistleblower, the magazine reported.
Nike, Under Armour Invade NYC
The world’s largest sports apparel brands are in the midst of an arms race in New York City. Nike , Adidas and Under Armour have each opened, or committed to opening, massive flagship stores in Manhattan in recent months, as the industry shifts from traditional third-party retail to direct sales.
US equity firm makes strongest bid to buy Portuguese bank
Portugal’s central bank says an offer from U.S. private equity firm Lone Star is the most promising bid to buy Novo Banco , the so-called good bank salvaged by the Portuguese government from the collapse of major lender Banco Espirito Santo. The Bank of Portugal says it has invited the fund, based in Dallas, Texas, to “deepen negotiations” over the possible purchase, though it said rival bidders have expressed a willingness to improve their offers and would not be excluded.
Two Large U.S. Retailers Could be Rocked This Year by Dismal U.K. Retail Sector
If Wednesday’s dismal outlook from retailer Next is any indication, the retail sector in the U.K. could be in for a rough 2017, as the country prepares to begin its process of leaving the European Union. Next, largely considered Britain’s bellwether retailer, expects this to be a challenging year and issued a profit warning after weaker-than-expected festive season sales.
Rolls Royce Shares Still Getting Crushed — Here’s New Reason Why
Rolls Royce stock slumped Thursday after analysts at JP Morgan cut their price target for the shares less than a month before the engine manufacturer reports full-year results. JP Morgan slashed its target to 730 pence , from 890 pence, in the latest sign of deteriorating investor sentiment toward the company – since it emerged Airbus has had to postpone a number of A380 deliveries.
Freeport-McMoRan Tops the S&P 500; Now What?
Freeport-McMoRan surged over 7% on Wednesday, the end of the stock’s six-week pullback. Here’s how you trade the stock Freeport-McMoRan has reversed sharply from last week’s close.
Here’s When to Buy Chevron, IBM, 3 More High-Yielding Dow ‘Dogs’
It’s that time of year again — every January, scores of investors flock to the “Dogs of the Dow.” But this year a twist on the typical Dow Dogs strategy is providing a big opportunity for investors who are paying attention to the price action.
Cramer: What Sets Dominion Resources Apart?
For an “Executive Decision” segment, Cramer spoke again with Tom Farrell, chairman, president and CEO of Dominion Resources , a stock that rose 13% in 2016 and currently yields 3.7%. Farrell said that Dominion is different from other utilities because of its natural gas infrastructure, which includes a new export terminal set to come online later this year.
Wake Me When the Complacency Is Over
After the bell on Wednesday we saw several retailers report disappointing sales for the holiday season. OK, we all know the mall or “brick and mortar” is done and “no one goes there anymore,” but the reaction to the earnings news I saw was a bit surprising to me.
OTA Calls IoT Cyberattacks “Shot Across the Bow” Coalition…
Global support for Online Trust Alliance’s security and privacy framework, integrates efforts of DHS, FCC, FTC, the Department of Commerce, trade organizations and others Today the Online Trust Alliance released its updated IoT Trust Framework at the 2017 Consumer Electronics Show . Serving as a product development and risk assessment guide for developers, purchasers and retailers of Internet of Things devices, the Framework is the foundation for future IoT certification programs.
After Trump And Brexit, Data Scientists Have One Main Job In 2017
In hot demand, data scientists may feel no need to justify their worth or rethink what they do. That could prove a mistake.
5 Creativity-Boosting Habits For People Who Can’t Stand Routines
Scientific research has already uncovered some surprising facts about how creativity works . And this time of year especially, there’s ample advice out there for those looking to adopt new and better habits and keep their New Year’s resolutions going strong.
The Ultimate Checklist For Digitally Upgrading Your Resume
We all want a resume that will jump out of the pile into the hands of HR managers. But how do you craft a resume that is tasteful yet aesthetic, impressive, yet not braggy? First and foremost, you need to ditch the conventions of the paper-based version.
Three Companies Earning High Marks For Their Parental Leave Policies
In 2017 and beyond, the private sector will have to step up to support working parents. Here’s how EY, Dell, and LinkedIn do it.
How The Gig Economy Will Change In 2017
Growing or shrinking? Changing the way we work? Experts weigh in on how freelance, gigging, and contract work will change this year. The gig economy has been on the rise for several years, and many reports point to an continued trend in American workers taking on both side gigs and cobbling together a living from a hodgepodge of short-term work or longer-term contracted jobs.