The Most Important Part of Bank of America’s Earnings Report

There are plenty of reasons for investors to be happy with the bank’s performance — for example, the charge-off ratio sank to a historic low, expenses are down, and although they’re not quite where they need to be, the bank’s return on equity and return on assets are starting to look more respectable. However, there’s one piece of information from the bank’s earnings report you should pay close attention to.

Is Biogen’s Stock Ready to Heat Up After a Forgettable 2016?

The underlying reason for this dip is the biotech’s inability to shake off the political turmoil surrounding specialty-drug prices last year. And that’s not exactly surprising, given that Biogen’s flagship multiple sclerosis drug Tecfidera relied heavily on price increases to drive sales growth in the U.S. in 2016.

The Impressive Dividend History of Vanguard High Dividend Yield ETF

Dividend investors rely on the income that their investments produce, and many have turned to the Vanguard High Dividend Yield ETF as an easy way to invest in a diversified portfolio of high-yielding dividend stocks. Over the course of time, the Vanguard ETF has managed not only to deliver on its promise of paying healthy levels of dividend income, but also to increase its dividends over time.

Bank Earnings Boost S&P and Nasdaq, Retailers Weigh on Dow

The S&P 500 and Nasdaq were higher in late morning trading on Friday as strong earnings from large U.S. lenders bode well for the rest of the earnings season. The Dow’s gains were comparatively lesser, held back by a drop in consumer stocks after a report showed U.S. retail sales and core retail sales increased less than expected in December.

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The retail sector has been a treacherous one over the past few years, due to heavy competition from e-tailers and cutthroat competition among brick-and-mortar players. Therefore, it’s easy for investors to step on landmines across the sector if they’re not careful.

Why ClubCorp Holdings Inc. Stock Popped Today

Following a Reuters report early in the day that ClubCorp is in the early stages of selling itself, ClubCorp effectively confirmed the news in a press release saying it is “reviewing strategic alternatives.” ClubCorp has formed a strategic review committee to tackle the task, and has enlisted Jefferies and Wells Fargo Securities as financial advisors during the process.

A Nasdaq Record Abruptly Ended on Thursday

A selloff in financials and tech stocks on Thursday dragged Wall Street lower and put an end to a record-breaking streak for the Nasdaq. The Nasdaq fell 0.29%, backing away from a run that saw the index close at records for five consecutive trading days.

European Stocks Called Lower as Dollar Tumbles Following Trump Press Conference

European stocks are expected to open lower Thursday as investors react to a slide in the U.S. dollar and a renewed rally in fixed income markets following the President elect Donald Trump’s first press conference since winning the November elections. Britain’s FTSE 100 , fresh off its twelfth consecutive closing high Wednesday, is likely to drift a few points lower at the open, according to financial bookmakers IG, with similar declines called for the DAX and CAC-40 benchmarks in Germany and France.

Trump Concerns Have Hedge Fund Investor Lifting China Allocation

As U.S. stocks rally on optimism Donald Trump’s presidency will be good for growth, hedge fund investor Ronnie Wu is looking on warily. Wu, who oversees $350 million at Penjing Asset Management Ltd. in Hong Kong, is concerned Trump’s mix of tax cuts, deficit spending and protectionism will hurt trade and spur higher inflation and interest rates, threatening global growth.

UnitedHealth Group: Jim Cramer’s Top Takeaways

No one know what will happen with health care once Donald Trump takes office, Jim Cramer told his “Mad Money” viewers Wednesday night, but that doesn’t mean there aren’t ways to make money in health-care stocks. For months now, the mantra has been “repeal and replace” when it comes to Obama’s Affordable Care Act.

How 8×8, Inc. Gained 27% in 2016

The provider of internet-based voice and communications services put together a remarkable financial record last year. 8X8 beat Wall Street’s earnings and sales estimates handily in each one of the year’s quarterly reports,citing strong organic revenue growth among larger customers along the way.

Will Goldman Sachs Raise Its Dividend in 2017?

With the highest share price among the Dow 30, Goldman is responsible for more than 8% of the value of the price-weighted index, and that gives it more power over the movements of the Dow than the six cheapest Dow stocks combined. That said, dividend investors aren’t all that happy with Goldman Sachs, because its current dividend yield is puny, resting just above the 1% mark.

European Stocks Turn Positive as Pound Slump Lifts FTSE, Kremlin Denial Boosts Dollar

European stocks rebounded after a renewed slump in the pound and a Kremlin denial that Russian officials had built a dossier of compromising information on President elect Donald Trump. European stocks turned positive Wednesday after a renewed slump in the pound and a flat denial from the Kremlin that Russian officials had built a dossier of compromising information on President elect Donald Trump.

Valeant Sells $2.1 Billion in Assets to Ease Debt Burden

Valeant Pharmaceuticals International Inc. agreed to sell about $2.1 billion in assets in two deals, an important first step in the struggling drugmaker’s endeavor to get cash and begin easing its debt burden. L’Oreal SA, the Paris-based cosmetic giant, will pay Valeant $1.3 billion for three skin-care brands, according to a statement Tuesday.

Gross Says 10-Year at 2.6% Is a Bigger Deal Than Dow at 20,000

Investors should watch for 10-year Treasuries to move above 2.6 percent, a threshold that would mark an end to the three-decade bond bull market and be a more important barometer than the Dow Jones Industrial Average passing 20,000, according to billionaire bond manager Bill Gross. “It is the key to interest rate levels and perhaps stock price levels in 2017,” Gross, manager of the $1.8 billion Janus Global Unconstrained Bond Fund, wrote in a monthly investment outlook released Tuesday.

Nasdaq Hits Another Record

The Dow Jones Industrial Average slipped 32 points, or 0.2%, to 19856, after rising within 50 points of the never-before-reached 20000 level earlier in the session. The S&P 500 was flat, and the Nasdaq Composite rose 0.4%, a fresh record.

Use a Value Momentum Investing Strategy This Year

Before I move on from reviewing 2016, I want to take a look at which models performed best during the year and how those top performers look as 2017 begins. The top performing model last year was made of stocks trading below book value that had high F-scores and high Altman Z-scores.

VietJet Forecasts 30% Profit Rise Ahead of February Listing

VietJet Aviation Joint Stock Co., the Vietnam carrier known for its bikini-clad flight attendants, expects profit to surge 30 percent this year on rising passengers as it prepares for its Ho Chi Minh City Stock Exchange listing debut in February. A total of 23 overseas investors bought 66.5 million shares — equivalent to about 14 percent of VietJet — during a pre-listing stake sale last month, billionaire founder Nguyen Thi Phuong Thao said.