November 8 couldn’t have come soon enough. Not only is the U.S. presidential election finally over, but the stock market has rallied to new all-time highs since then.
China to Cut Solar, Wind Power Prices as Project Costs Fall
China is reducing the amount of money it pays to newly completed solar and wind power generators for their electricity, in order to reflect declines in construction costs, the country’s price regulator and economic planner said Monday. The nation will cut tariffs paid to solar farms by as much as 19 percent in 2017 from this year’s levels, and by as much as 15 percent for wind mills in 2018 from current prices, according to a statement posted on the National Development and Reform Commission’s website.
International Box Office Hits of 2016
This year’s international success stories: China’s half-billion-dollar blockbuster, Germany’s refugee comedy and the New Zealand indie that out-grossed ‘Rogue One.’ Hollywood tentpoles weren’t the only films attracting global audiences this past year.
These Stocks Could Double in 2017
Stocks that have been beaten down by pessimistic investors always have the potential to soar if things start to go right. They also have the potential to tumble further, punishing investors for betting on a turnaround that never surfaces.
How Far Will the FED Go? History Holds Clues
A year ago, just after the Federal Reserve hiked for the first time in the current cycle, I wrote an article here on ETF Trends about what we should expect if this rate hike cycle turns out to be similar to previous ones in recent history.
Forget Altria: These 3 Stocks Doubled Last Year
Altria has smoked the competition and many other stocks when it comes to long-term performance, but this year there were more than a few stocks that did even better. Image source: Flickr via Claudio Toledo.
Eight Financial Moves That Can Ruin Everything
By Michael Kay via Iris.xyz Your financial success sometimes depends on making the right moves at the right time. But even more often, it’s avoiding the wrong moves that will advance your financial happiness.
Iran Says Will Only pay Half Price for New Boeing Planes
Iran’s official IRNA news agency is reporting the deputy transport minister as saying that his county will only pay half of the announced price for 80 new Boeing planes, given the reductions in its purchasing options. According to the Sunday report, Asghar Fakhrieh Kashan says that despite an initial $16.8 billion deal with Boeing to purchase 80 passenger planes, “Regarding the style of our order and its options, the purchase contract for 80 Boeing aircraft is worth about 50 percent of the amount.”
Week Ahead: 2016 Comes to a Close in Quiet Sessions Between Christmas and New Year’s Day
Prepare for a lot of introspection in the coming week as the year draws to a close and Wall Street reflects on its ups and downs. Prepare for a lot of introspection in the coming week as the year draws to a close and Wall Street reflects on its ups and downs.
Why Cheniere Is My Top Pick for 2017
I think 2017 will shape up as perhaps the best year for energy stocks in a decade, but I’m faced with quite a challenge in finding a No. 1 stock to recommend in the sector.
Praxair facilities in western New York to remain open
U.S. Sen. Charles Schumer says Praxair has committed to preserve its facilities in that region of the state, where it employs more than 1,000 workers. The New York Democrat says Praxair will preserve its entire work force after completing a merger with a German firm.
Netflix Uses AI to Figure Out How Much to Pay for Content
Netflix has crafted several computer algorithms to determine what shows to produce, what shows and films to license, what content to show to each user, and apparently how much to pay for each piece of content. In a recent Business Insider article detailing how documentarian Craig Atkinson ended up not selling his film to Netflix, he revealed an interesting detail about Netflix’s negotiation tactics.
Ice rinks across the country fight enemy No. 1: Energy bills
A small community skating rink that was once in danger of folding is working on a long-term plan to eliminate its biggest single expense – its energy bill – by becoming what its leaders believe would be the country’s first with no costs for electricity or heating fuel. The plan includes upgrading the existing equipment at Woodstock’s Union Arena for efficiency, finding ways to reuse some of the heat generated by the power-sucking compressors used to make ice and, finally, buying solar panels that will be erected elsewhere.
How Risky Will 2017 Be for Philip Morris International?
Tobacco has been a long-term winner for investors, and although it has been a separate publicly traded company for less than a decade, Philip Morris International has done just as well as many of its longer-tenured peers in the industry. However, Philip Morris faces several different types of risks, and each of them has caused investors some concern in the past year.
Boeing Sends Sub-Hunters to Norway
Earlier this year, Boeing Defense head Leanne Caret laid out a plan to refocus Boeing’s efforts away from fighter jet production, and toward the sale of auxiliary aircraft such as transports and surveillance and maritime patrol aircraft. Earlier this year, we told you about Boeing’s big $3.2 billion sale of nine P-8A Poseidon maritime patrol aircraft to Great Britain.
Better Buy: Alliance Resource Partners LP vs. CONSOL Energy Inc.
If you are an investor looking at this pair, your primary question might be which one has a brighter future in the energy market. However, if you are an income investor, you might find owning a great business in a fading industry is just your speed.
4 Biotech Stocks to Buy in January
When an entire sector goes on sale it tends to create bargains. There’s no doubt that the biotech sector has the blue-light special flashing right now, as it has massively underperformed the S&P 500 year to date.
3 Top High-Yield Dividend Stocks to Buy in 2017
More often than not, dividend stocks are what form the foundation of any great retirement portfolio. Not only have dividend stocks handily outperformed non-dividend-paying stocks over the long run, but they also offer a number of other advantages that income investors are bound to like.
1 Reason Bank of Americas Stock Price Is Still So Low
It costs a little less than $23 to buy a share of Bank of America, and that’s after the post-election surge in bank stocks. Meanwhile, even the second least expensive big bank stock, Morgan Stanley The answer is that Bank of America has way more shares outstanding than any other bank.
Veteran VC talks about which investments he’ll jump on in 2017, which …
Scott Kupor, Andreessen Horowitz managing partner, is photographed outside of his office in Menlo Park, Calif., on Tuesday, Dec. 13, 2016. After a tough slog through 2016, tech startups have reason to be optimistic heading into the new year, says Scott Kupor, managing partner of Andreessen Horowitz.
China Bank Says Bond Guarantee Forged as Market Mood Worsens
China Guangfa Bank Co. said Monday that documents and seals for a letter claiming to guarantee bond payments by the lender were forged, in the second such incident in the nation this month, raising concern about transparency in the world’s third-biggest bond market.
Low-Cost Airline Wannabe Has Plan for Costly Argentina
The serial airline entrepreneur trying to launch Argentina’s first low-cost carrier is betting the government will deregulate the industry enough to make his venture viable. And if it doesn’t, he’s got a back-up plan.
China Inc. Struggle to Sell Bonds Poses Quandary for Economy
China’s roaring bond engine is stalling heading into the new year, posing a quandary for policy makers as they try to curb leverage while keeping economic growth on track. Bond issuance in December by Chinese companies and banks is 142 billion yuan less than the amount of notes they must repay this month, data combined by Bloomberg show.
WNBA offers players security app for safety overseas
In this June 5, 2016, file photo, Indiana Fever’s Marissa Coleman, left, shoots over Connecticut Sun’s Kelly Faris, right, during the second half of a WNBA basketball game in Uncasville, Conn. The WNBA is offering a security app to its players … to help them stay safer while they are overseas this offseason.
Ski industry skews big, so smaller resorts tout authenticity
From baking fresh doughnuts for skiers to displaying local art to play up a sense of community, independent resorts need all the help they can get to compete with megaresorts. One Colorado mountain offers the nation’s most expensive lift ticket – $700.
Cancer patient donates years’ worth of pizza to food bank
A Pennsylvania man going through treatment for colon cancer won a pizza parlor’s raffle for a years’ worth of free pies and then donated his prize to a local food bank. Thirty-six-year-old Josh Katrick, of Northampton, had just completed his eighth round of chemotherapy when he learned that he was the winner of his favorite neighborhood restaurant’s contest.
Allergan, Apple, Costco: Doug Kass’ Views
Doug Kass shares his views every day on RealMoneyPro. Click here for a real-time look at his insights and musings.
Apple, Allergan, Twitter: Doug Kass’ Views
Doug Kass shares his thoughts on his latest ‘Best Ideas’ long and discusses how the market may have reached its Outer Limits. Doug Kass shares his views every day on RealMoneyPro.
WBA, SBUX, NKE: Jim Cramer’s Views
Jim Cramer shares his views every day on RealMoney . Click here for a real-time look at his insights and musings.
AMZN, HD, DPZ: Jim Cramer’s Views
Jim Cramer shares his views every day on RealMoney . Click here for a real-time look at his insights and musings.
Asian stocks lower in light trading after Christmas
KEEPING SCORE: The Shanghai Composite Index fell 1.1 percent to 3,075.11 and Tokyo’s Nikkei 225 lost 0.1 percent to 19,410.43. Seoul’s Kospi gained 0.1 percent to 2,037.
Super Mario Run No Longer Highest Grossing App in Any Country
The title, released on Dec. 15 for Apple Inc. devices, was no longer the highest-grossing iOS app in any country as of Dec. 24, according to the latest data available from researcher App Annie. A week earlier, it was the most profitable app in 49 nations.
Smart marketing helps Maryland Smoothie King franchisee achieve success
When Tonya Bingham opened her Smoothie King franchise in the Bowie Town Center two years ago, the corporate parent told her it would be a slog just to sell $360,000 worth of the juice drinks the first year. “We did well,” said the A 46-year-old mother of two, who opened the store as a way to control her schedule after working 80-hour weeks as a meeting planner.
IRS Tax Brackets 2017: What You Need to Know
If you want to figure out what you’ll owe in taxes next year, then you need to know the tax brackets that the IRS puts out every year. Long before most people even start thinking about filing their taxes for 2016, the 2017 tax brackets become available for those who want to do advance planning on their taxes for the coming year.
Singer George Michael Dead at 53
George Michael, who rocketed to stardom with WHAM! and went on to enjoy a long and celebrated solo career lined with controversies, has died, his publicist said Sunday. He was 53. Michael died at his home in Goring, England.
More foreign Vegas visits don’t equal more tips, workers say
Servers and dealers on the Las Vegas Strip say they’re worried that as more foreign visitors hit the restaurants and casinos, they’ll receive smaller tips because the tourists are coming from countries like China, where American-style, 20 percent gratuities are uncommon. “It’s very difficult when you’re serving or relying on tips and the majority of your guests are foreign.
GOP Fury Over Energy Confronts Reality of Congress’ Snail Pace
Republicans who have vowed to roll back dozens of Obama-era coal, climate and energy regulations are up against a harsh reality: There isn’t enough time to kill them all. A packed congressional calendar and the challenge of assembling a coalition to vote down each measure will force lawmakers to pick their targets.
Marriott Stock: Is It Too Late to Buy In?
The hotel industry is not a high-growth segment of the market with a lot of surprises, particularly not at the top, where companies have thousands of properties and forecast low-single-digit changes in sales. Yet Marriott International shares have grown 25% so far in 2016.
E*TRADE vs. Robinhood: Does Free Stock Trading Win Out?
Before you can make an investment, you’ll need to open a brokerage account to place your trades. The choices are numerous, but today we’ll compare two popular brokerages, E*TRADE and Robinhood, so that investors can better understand how their services might match up with their investment portfolios.
Will 2017 Be Gilead Sciences Inc.’s Worst Year Yet?
The biotech stock is down over 25% in 2016. Sales for hepatitis C virus drugs Harvoni and Sovaldi are dropping like a brick.