The company’s first-quarter results beat expectations, and its guidance for the second quarter foretells a return to exceptional profitability. While Micron’s first-quarter numbers give investors a good idea of where the company stands, management provided additional information during the earnings conference call.
Will the Dow reach 20K before Inauguration Day?
Dec. 30, 2016 – 4:27 – FACTS Asset Management Co-Founder Jordan Kimmel and Griffin Capital Securities Chief Economist Dr. Randy Anderson weigh in on the market outlook for 2017.
‘This is borderline treasonous’: Liberal activists accuse…
Liberal activists turned to Twitter to suggest President-elect Donald Trump was nearing the line of treason with his Friday praise of Russian President Vladimir Putin. “I don’t think Trump committed treason with this tweet, but he’s in the neighborhood,” wrote Judd Legum , the editor of ThinkProgress.
A water scientist explains why New York bagels and pizza are…
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Maryland bank VP stole from elderly, deceased customers, prosecutors say
The former vice president of a Maryland bank was charged with embezzlement and wire fraud Friday after allegedly stealing more than $1.8 million from customers over six years, prosecutors said. From 2010 to mid-2016, 54-year-old Melissa Strohman of Nottingham, Md., was senior vice president at the now-defunct Hopkins Federal Savings Bank with branches in PikesA ville and Highlandtown, court documents said.
What history tells us about your investments in 2017
We do not have a crystal ball, but we can think about what might happen in 2017. The secret is to avoid playing the guessing games that are common this time of year.
Facebook and Twitter Try a Promising New Angle on Live Streaming With 360-Degree Video
By providing more immersive user experiences and encouraging engagement, 360-degree video can boost live streaming’s appeal. Facebook still appears to be in the driver’s seat.
Family friendly
“I really enjoyed the time with the kids”, she explains, “It gives you a special connection when you have time with your small babies. But after that I really needed to get out again and be around adults and do real things, not just baby stuff.”
Why ImmunoGen, Inc. Shares Rocketed Higher by 29%
Unfortunately, the reason for ImmunoGen’s surge higher remains a bit of a mystery. The closest thing to tangible news for ImmunoGen that would have the potential to move the company’s stock was a press release this past Wednesday, Dec. 28. The press release was a needed feather in the cap for lead drug candidate mirvetuximab soravtansine .
Where Will HCP, Inc. Be in 10 Years?
The year started off quite turbulent, with dismal results from the company’s HCR ManorCare properties leading to a surprise loss, but recovered nicely as the company decided to spin off those and other troubled assets. What could be in store for HCP investors in the coming decade? Unfortunately, we don’t have a crystal ball that can predict investment performance.
US rig count up 5 this week to 658; Texas adds 3
The number of rigs exploring for oil and natural gas in the U.S. increased by five this week to 658. A year ago, 698 rigs were active.
Top Stock Stories of 2016
Stocks in 2016 certainly reacted to the Trump effect. The Dow Jones soaring more than 1400 points since the election to come within reach of the 20,000 mark.
Stocks End Slightly Lower But Log Solid 2016 Gains
U.S. stocks ended the final trading session of 2016 with small losses, but logged solid annual gains. The S&P 500 declined 0.5% to end at 2,238.85, according to preliminary figures, but finished with a yearly gain of more than 9.5%.
ETF Performance Report: Best & Worst of 2016
After a remarkable surge since Donald Trump’s presidential election win that has helped the markets extend into the 9th year of its bull rally, U.S. equities and stock exchange traded funds are ending 2016 with a whimper. The Dow Jones Industrial Average gained 13.4% year-to-date.
Delivery drivers vote to strike Minnesota auto parts company
Delivery drivers from Teamsters Local 120 voted unanimously to strike O’Reilly Auto Parts in Minnesota unless the company agrees to a renewed labor contract that increases pay and safety standards. O’Reilly spokesman Mark Mertz says the union has misrepresented the position that the company has taken through the course of negotiations regarding pay and safety issues.
CNBC Year-End ETF Wrap Up with Tom Lydon
ETF Trends publisher Tom Lydon just joined CNBC at the closing bell to talk about all the woes and joys that exchange traded funds experienced through 2016.
Seminole College to expand in Altamonte
This is a very busy week at Orlando International Airport, but passengers say wait times have been reasonable. This is a very busy week at Orlando International Airport, but passengers say wait times have been reasonable.
Why You Should Consider Joining a Credit Union
Financial institutions aren’t all created equal. Some are big, some are small, some offer great savings rates and others don’t pay interest at all.
With S&P 500, Nasdaq Down, Dow Struggles for Gains
Stocks moved mostly lower on the final day of trading of 2016, but all three indices are poised to close 2016 with gains. Despite stocks moving mostly lower on the last day of the year, the Dow is expected to post a double-digit annual increase, its best in three years.
Auto Sales Could Surpass 2015 U.S. Record — Barely
The final days of 2016 will likely determine whether 2015’s U.S. sales record will stand or fall. Regardless December sales figure to show an industry flattening but not in decline It is coming down to the final hours of 2016 as automakers race to top 2015’s record of 17.4 million U.S. units sold.
2017 Will Be a Year of Individual Stocks
As the world awaits the next big product cycle in self-driving cars or artificial intelligence, it will have to be happy with the success of individual companies. The U.S. is back in an “in between” period where individual tech companies have “great stories,” rather than the whole sector, Elevation Partners cofounder Roger McNamee said on CNBC’s “Squawk Alley” on Friday morning.
‘Political Unpredictability’ Surrounds Obamacare’s Survival, Says MIT Professor
Republicans are looking to repeal Obamacare, but one of the law’s architects says there are ways to improve the ACA without repealing it. When it convenes on Jan. 3, one of the main priorities of the Republican-controlled new Congress are expected to seek the repeal of the Affordable Care Act, or Obamacare .
What Does 2017 Have in Store? 3 Market Metrics That Will Tell You
January can tell you a lot about what the market might do to your portfolio in 2017, if you pay attention to the right patterns. Will 2017 bring investors good returns? History indicates that’s likely, but as with all things related to the stock market, nothing is a certainty.
5 Great Media Stocks for 2017
With the pay-TV landscape continuing to evolve in an over-the-top world, analysts are singling out their top media stocks ahead of the new year. The media and entertainment industry was turbulent in 2016, as the arena for over-the-top services became more crowded than ever and a number of mega-deals were announced or fizzled out.
Traders Are Cleaning Out Their Portfolios
The gap-up open was quickly sold, as market players seem more interested in cleaning out their portfolios so they can start fresh in 2017, rather than starting new positions. Breadth is running about 2,600 to 3,800 negative, and we only have about 100 stocks hitting new 12-month highs today.There is weak action in the big-cap FANG names, and there isn’t much going on as far as themes.
Tracking Bank of America’s Uptrend Dips
I’ve been selectively adding exposure to financials, energy, and small-caps, as they’ve experienced explosive rallies since November. Despite the pullback, BAC has been on a tear.
Zoe’s Kitchen Would Love to Forget 2016 Ever Happened
But for Mediterranean restaurant chain Zoe’s Kitchen , 2016 was a year to forget, with the stock falling 50% from its high of about $40 in April to $20 and change in October — an all-time low. Though it has recovered a bit since then, the stock is down around 13% year to date.
Wall St Set to End 2016 With a Whimper
U.S. stocks fell on the last trading day of 2016, eating into gains for the year, following a decline in technology stocks. The S&P 500 technology sector’s 0.7 percent fall put the broader index on track for its third straight day of losses – the longest losing streak since Nov. 4. The Dow Jones Industrial Average, which came within 13 points of breaching the 20,000 level last week, is now more than 200 points away from the milestone.
Town in Budweiser Clydesdale ad fights to save its charm
In this photo taken Dec. 20, 2016, a person passes a home with window shutters while walking towards a covered bridge in Woodstock, Vt. The village of Woodstock is cracking down on homeowners who are refusing to keep shutters on their homes.
These 3 Stocks Just Raised Their Dividends
Unlike many others, income investors will probably remember 2016 fondly. After all, the year was stuffed full of dividend raises.
Set a Time Frame for Your Financial Goals
It’s almost the end of another year — a good time to reflect on the accomplishments of the previous months and start setting goals for the new year, including financial ones. To be successful, it’s important to know the “when” of your financial goals.
Company agrees to pay $1.2M to run pipeline through forest
A company that wants to run a natural gas pipeline through a Massachusetts state forest has agreed to pay $1.2 million for the right. The agreement announced Thursday settles a lawsuit brought by Tennessee Gas Pipeline Co., a subsidiary of Kinder Morgan.
This 24-second video starring an adorable kid and an Amazon…
People love Amazon Echo , but more and more people are buying the smaller $50 Echo Dot, which can do all the same things as the Echo but also be plugged into other speaker systems to take advantage of the better audio quality. In fact, the Echo Dot has been the top-selling device on Amazon.com since November 1. As more and more people buy into the Echo family, they’re also learning the nuances of owning these types of devices – specifically, that they can’t always understand you, and don’t always do what you want them to do.
Here’s the simple trick to look your best in selfies from your…
Have you ever taken a selfie, looked at it afterward, and thought, That’s not even what I look like! The problem was likely wide-angle distortion, the property of smartphone lenses that renders their subjects a bit odd-looking and cartoonish. Fortunately, there’s a simple way around the problem if you understand a bit about the optics of these devices.
Here’s the surprising reason we drop a ball on New Year’s Eve
The dropping of the New Year’s Eve ball in Times Square has been a tradition for over 100 years. We spoke with the agent for the ball itself, Jeffrey Straus, and climbed to the top of One Times Square to find out why millions Click below for the top news from around the Bay Area and beyond.
S&P 500 Analyst Moves: FIS
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Fidelity National Information Services is now the #24 analyst pick, moving up by 1 spot. This rank is formed by averaging the analyst opinions for each component from each broker, and then ranking the 500 components by those average opinion values.
Dow Analyst Moves: JPM
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, JPMorgan Chase is the #19 analyst pick. Within the broader S&P 500, when components were ranked in terms of analyst favorites, JPM claims the #299 spot.
China’s Huawei Vows to Shake Everything Up in a Tougher 2017
Huawei Technologies Co. pledged to overhaul its culture and rethink the way it conducts business, expecting global uncertainty to mount in 2017 after sales growth slowed.
Brent Oil Set for First Annual Gain in 4 Years Before OPEC Cuts
Brent oil, the global benchmark, is headed for its first annual advance in four years before supply cuts from OPEC and other producing nations next month intended to stabilize the market and reduce swelling global inventories. Futures added 0.5 percent in London.
Run-DMC in $50m trademark battle
A member of pioneering rap group Run-DMC has filed a $50m lawsuit accusing retailers of unlawfully using the group’s name on items of clothing. Darryl “DMC” McDaniels said that products sold by Amazon, Walmart and other stores violated federal trademark and New York competition laws.