The company posted revenue of $130.4 million and breakeven earnings per share. Analysts were expecting a $0.02 loss per share on $121.7 million in sales.
Month: February 2017
One Important Tax Credit for People With Dependents
Raising children is an expensive prospect, but it gets even pricier when you need to pay for child care in order to work. The average American spends $10,192 to send a child to a full-time day care center, or $28,900 a year for a full-time nanny.
2 Top Internet-of-Things Stocks to Buy Now
The Internet of Things is a $19 trillion opportunity,according to former Cisco Systems CEO John Chambers. That figure may be overstating it, but the IoT does present one of the most significant investment opportunities of our times.
Trump Sons Open Dubai Golf Course, Praise U.S. Ally
Banke International director Niraj Masand, far left, poses for a photo with Eric Trump, second left, Banke International director Porush Jhunjhunwala, center, Donald Trump Jr., second right, and DAMAC Properties chairman Hussain Sajwani, during … festivities marking the formal opening of the Trump International Golf Club, in Dubai, United Arab Emirates, Saturday Feb. 18, 2017. Two of U.S. President Donald Trump’s sons arrived in the UAE for an invitation-only ceremony Saturday to formally open the club.
Tesla has sent investors on an epic roller coaster ride for…
Tesla is headed into fourth quarter and full-year 2016 earnings next week with arguably the biggest head of financial steam in the company’s history. A surprise profit in the third quarter last year, coupled with Donald Trump’s win in the election and the assumption that an America-first manufacturing policy favors Tesla, has sent shares on an epic rally.
A successful entrepreneur opened a new meditation studio in…
Meditation has gone main stream. The now $1 billion dollar industry has grown increasingly popular with Wall Street bankers, and it’s also moved into the tech world, with a plethora of apps that guide you through practices, such as Headspace.
A high-profile hedge fund sent a letter explaining all the…
A high-profile hedge fund founded by a Steve Cohen acolyte sent a letter to investors explaining all the reasons for its underperformance. In a January investor letter, Folger Hill’s Sol Kumin set out why his firm’s flagship fund dropped 17.5% last year.
Teen in sex case reinstated at Phillips Exeter
TV said Friday it “will cease broadcasting in the coming months” after selling its TV broadcasting rights to the Federal Communications Commission.
Milo Yiannopoulos Tapped as Keynote Speaker at Conservative Political Action Conference
The controversial figure, known as a harsh critic of Hollywood liberalism, will get more stage time at the conservative event than any other speaker, inlcuding VP Mike Pence and Sen. Ted Cruz. Milo Yiannopoulos is about to go mainstream Republican, sort of, grabbing himself a keynote address at the Conservative Political Action Conference next month.
Outside of Washington, Trump Slips Back Into Campaign Mode
In this June 1, 2016, file photo, Republican presidential candidate Donald Trump wears his “Make America Great Again” hat at a rally in Sacramento, Calif. Donald Trump enters the White House on Jan. 20 just as he entered the race for president:… defiant, unfiltered, unbound by tradition and utterly confident in his chosen course.
Solar Energy Production Hit a Record High in 2016, So What’s Wrong With Solar Stocks?
GTM Research recently reported that its upcoming U.S. Solar Market Insight Report done with the Solar Energy Industries Association will reveal a 95% jump in installations last year to 14.6 GW. To put that number into perspective, that’s enough solar to power 2.4 million homes in the U.S. On top of the huge installation numbers, solar accounted for 39% of all new electricity installed in 2016, a record for the industry.
Melco Crown Feeling Pressure of Macau’s Shifting Power Dynamics
While all five other gaming concession owners in Macau perfect their newly opened properties or complete construction on new resorts, Melco Crown is left with the resorts it’s been operating for at least a year now. Studio City opened in 2015 and City of Dreams is a dinosaur by Cotai standards.
Luxury SUVs Just Did Something We’ve Never Seen Before
Ponder this for a minute: In 2016, luxury sedans were outsold by luxury-brand SUVs. SUVs accounted for 55% of luxury-vehicle sales in the U.S. in 2016, according to figures from Edmunds.com.
3 Stocks We Like More Than Kinder Morgan Inc.
Travis Hoium : Kinder Morgan is supposed to be a cash-flow machine for investors, acting as a toll collector on thousands of miles of oil and gas pipelines. At the end of the day, the company should be judged by its cash flow and dividend — which is no longer a great value at a 2.2% dividend yield.
Why 2017 Could Be This Stock’s Best Year Yet
Investing in winning stocks is equal parts art and science. Making the endeavor harder is that finding stocks primed for a move higher often involves seeing something the rest of the market is missing.
Which U.S. Wireless Carrier Has the Best Network?
Sprint even hired the former Verizon pitchman, who for years asked, “Can you hear me now?” in ads touting Verizon’s network quality. In his Sprint ads, Marcarell attempts to make the point that having a better network means less now.
Francophones furious over Olympic bid slogan
TV said Friday it “will cease broadcasting in the coming months” after selling its TV broadcasting rights to the Federal Communications Commission.
The New Power of “Yes”: Who Actually Has Greenlight Authority at the Movie Studios
Paramount re-evaluates Brad Grey’s influence as industry upheavals alter internal politics all over town and committees become the norm. Gripes one producer, “You used to know whom to appeal to – and now you’re not sure.”
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In a perfect world, everyone would have no problem living within their income; we’d all have little to no debt and plenty of money set aside in savings. In the real world, that’s a depressingly rare circumstance.
Merkel Says Weak Euro Isn’t Her `Problem’ in Stand on Trump
German Chancellor Angela Merkel said the euro has a “valuation problem” that’s beyond her control and questioned President Donald Trump’s suggestion that the German luxury cars in his New York neighborhood reflect an unfair trade advantage. Merkel said the euro’s exchange rate does contribute to Germany’s trade surplus, though that’s because European Central Bank’s needs to set monetary policy that responds to disparate economic performances across 19 nations.
Samsung Heir Lee Arrives Shackled at Special Prosecutors Office
South Korean police on Saturday led Jay Y. Lee, hands bound with rope, into a special prosecutors office after arresting the de facto head of the country’s largest industrial conglomerate in a corruption probe that includes allegations of bribery. Lee, vice chairman of Samsung Electronics Co., was shown on a YTN television broadcast being led into the office in Seoul around 2:20 p.m. local time after spending his first night in police custody.
Trump Team Sounding Out Tech Firms Ahead of Delayed Cyber Order
The Trump administration has quietly consulted technology industry leaders ahead of issuing a delayed executive order on cybersecurity, even as executives have clashed with the White House over policies including the president’s efforts to limit entry to the U.S. President Donald Trump delayed the signing of a cybersecurity directive that had been planned for Jan. 31 just as legal challenges stalled his effort to ban travel to the U.S. by citizens of seven predominantly Muslim countries. While no new date has been set for signing the cyber order, executives attending a security conference in San Francisco this week said the administration has sought input to help smooth the rollout.
The big mistake some anti-Trump protesters could be making
Interpretation of the news based on evidence, including data, as well as anticipating how events might unfold based on past events A fire, which was set by demonstrators opposing a scheduled speaking appearance by Breitbart News editor Milo Yiannopoulos, burns on Sproul Plaza on the University of California at Berkeley campus on Feb. 1. The event was canceled because of violence caused by protesters. Less than a month after President Trump’s inauguration, protests against his administration and other figures who gained increasing prominence during the Trump era already have featured a diversity of protest tactics.
Industry Pressures Lead to Speculation on Magazine M&A
A number of magazines reportedly are on the block or are attracting interest, including Us Weekly, Time, Playboy and The Hollywood Reporter. It’s hardly page-turning news at this point: Print magazines are under pressure as readers flock to the internet for instant news and entertainment updates.
What Does it Take to be a Financially Independent Woman?
By Pam Krueger via Iris.xyz With a strong and powerful collective voice, millions of women around the world just marched in support of their rights, and for policies that would benefit both men and women. All this collective female power makes me wonder about economics and women.
The Ultimate Retirement Account for the Self-Employed
Self-employment definitely has an upside. You have a lot more control over your life when you work for yourself.
The Top Growth Stock to Buy in 2017
Growth stocks can deliver explosive gains — or sizable losses. A well-chosen growth stock can deliver multibagger returns and turbocharge your portfolio’s overall performance.
In Case You Missed It, Democrats Also Have a Bill to Completely Reform Social Security
More than 41.2 million retired workers receive Social Security checks each month, and for most that check represents at least half of their monthly income. Social Security is, and is expected to remain, a means by which a large percentage of seniors avoid living in poverty.
The Best Investments for an IRA
An IRA is a fantastic way to build long-term wealth, but it can be tricky knowing which stocks or ETFs are best to own in one. There are thousands of publicly traded companies and ETFs to choose from, and they don’t all deserve a spot in your portfolio.
10 Best States to Get a Mortgage
It’s a good time to buy a home. Accordingto the Mortgage Bankers Association, getting approved for a home loan is easier than it has been at any time in this past decade — in fact, mortgages are almost twice as available as they were five years ago, and lenders have recently been approving 77% of loans, up from 71% in mid-2015.
Why Wind and Solar May Have to Fill In for America’s Crumbling Hydro Infrastructure
When politicians talk about “crumbling infrastructure,” it’s often hard to ascertain exactly what they’re talking about. Is it bridges falling down , an excessive number of potholes, or maybe aging airports? It could mean any number of things depending on who’s talking and who’s listening.
This is why fighting is allowed in pro hockey – and why the…
Fighting has been an officially accepted part of the hockey at the professional level for almost a century. In 1922, the National Hockey League incorporated Rule 56 into its official rule book, which governed what it then called “Fisticuffs” as an official part of the game.
Book Bits | 18 February 2017
By Danielle DiMartino Booth Commentary by author via CNBC It’s no longer a secret that an abundance of anger is churning among many working men and women who feel they’ve been excluded by the current economic recovery and the longest span of job creation in postwar history. The funny thing about a sense of abandonment is that more often than not, anger follows.
What Happens to an IRA When Its Owner Passes Away?
IRAs were created to help people save enough to meet their financial needs in retirement. But often, people die before they’ve completely used up their IRA money.
The Estate Tax
“The man of great wealth owes a peculiar obligation to the State, because he derives special advantages from the mere existence of government. Not only should he recognize this obligation in the way he leads his daily life and in the way he earns and spends his money, but it should also be recognized by the way in which he pays for the protection the States gives him.”
Better Buy: Berkshire Hathaway vs. Coca-Cola
Today, those 400 million shares of Coke stock are worth over $16 billion. And it gets even better: At its current rate of $0.35 per share in quarterly dividends, Berkshire will receive $560 million in income from Coke this year.
Trump scrambles to find next top national security adviser
Gov. Chris Sununu and HHS Commissioner Jeffrey Meyers detailed their multi-prong strategy Friday to make use of $6.3 million in federal grants over the next two years to fight the opioid epidemic.
T-Mobile Has a Lot of Negotiating Power in Any Merger Talks with Sprint
This column originally appeared at 8:17 p.m. ET on Feb. 17 on Real Money, our premium site for active traders. Click here to get great columns like this from Jim Cramer and other writers.
In The Trump Age, Developers Are Building Apps To Help Refugees
The refugee ban has led to the creation of several new apps designed to help refugees, who often carry smartphones. For refugees escaping conflict in the Middle East and elsewhere, simply communicating with people in new countries can be a big challenge.
Election tourism: Out-of-state voters swamp NH
TV said Friday it “will cease broadcasting in the coming months” after selling its TV broadcasting rights to the Federal Communications Commission.