CategoryFinance

Wildfires, now up to 100 miles wide, threaten more wineries

W

(AP) -- The California wildfires raced toward wineries and the historic town of Sonoma on Saturday, chasing hundreds more people from their homes and threatening to roll back firefighters' modest gains against the cluster of blazes that was as wide as 100 miles John Saguto said he awoke several hours before dawn at his home east Sonoma to see flames "lapping up" 300 to 500 yards away The fire...

The Latest: US asked to allow IS fighters to leave Raqqa

T

BEIRUT (AP) — The Latest on developments in Syria (all times local): It is not clear how many evacuees there are or where they will go The initiative appears to be an attempt by local leaders to stem such tension The US-led coalition fighting the Islamic State group says a deal negotiated by local officials and tribesmen has been reached in Syria's Raqqa to evacuate civilians and local IS...

Solar Stocks Are Ridiculously Cheap…Again

S

At the beginning of 2017, investors were uncertain where demand for solar panels was going to come from and ultimately worried that manufacturers might go bankrupt Long term, I think that presents a buying opportunity for investors because US tariffs would impact a fairly small percentage of the market's sales Solar farm with a single wind turbine in the background at dusk The chart below gives a...

Better Buy: AbbVie Inc. vs. Merck

B

AbbVie is enjoying one of its best years ever, with shares soaring more than 45% A man, seen from behind, scratches his head as he looks at arrows pointing left and right Amgen (NASDAQ: AMGN) won US approval for Amjevita, its biosimilar to Humira, last year AbbVie and Amgen were all set to fight in court, but the companies reached a settlement While Humira remains AbbVie's biggest seller...

5 Oil Stocks Built to Thrive at $50 Crude

5

Those improving market fundamentals suggest that crude prices should at least stabilize around $50 a barrel, if not go higher Either scenario would be a boon for top-tier oil stocks, which have repositioned their business to thrive at $50 crude That's why ConocoPhillips' new go-forward plan focuses on the total annual return it produces for investors When oil is at $50 a barrel, the company can...

Bank of America's Third-Quarter Earnings: Why the Headline Numbers Matter Less Than You Think

B

One look at the market's reaction to Bank of America 's (NYSE: BAC) third-quarter earnings offers a clear hint that the nation's second biggest bank by assets turned in an upbeat performance Bank of America earned $048 per share in the three months ended Sept Finance predicted that the Charlotte, NC-based bank would earn $045 per share "Revenue across our four lines of business grew 4%, even with...

Tesla fired hundreds of employees in past week

T

A Tesla charging station is seen in Salt Lake City, Utah, US September 28, 2017 (Reuters) - Luxury electric vehicle maker Tesla Inc (TSLAO) fired about 400 employees this week, including associates, team leaders and supervisors, a former employee told Reuters on Friday The dismissals were a result of a company-wide annual review, Tesla said in an emailed statement, without confirming the number...

Suspect in 4 Ohio slayings arrested while walking along road

S

COLUMBUS, Ohio (AP) -- Unarmed, worn out and ready to give up, the suspect in the fatal shootings of three adults and a 7-year-old boy didn't try to flee when officers arrested him Friday as he walked along a road in far southern Ohio, a sheriff said Officers were acting on a tip from a resident who spotted 23-year-old Arron Lawson Authorities had said he fled into the woods Thursday, shortly...

Zappos is offering to pay funeral costs for the 58 victims of the Las Vegas mass shooting

Z

(Heidi Antonacci (L) and her daughter Jessica Adsit, both of Nevada, attend a prayer vigil held at Mountain Crest Park for the victims of Sunday night's shooting on October 3, 2017 in Las Vegas, NevadaEthan Miller/Getty Images) Zappos is offering to pay funeral costs for the 58 victims of the Las Vegas shooting The Las Vegas-based retailer has already given roughly $20,000 to three families money...

Ford Really Got Smoked By General Motors, Jim Cramer Says

F

General Motors Company is up 165%, to $4560 Friday, hitting new 52-week and all-time highs on the day Ford Motor Company , on the other hand, is down 09% to about $12 Despite the 30% rally so far in 2017, his target implies more than 20% upside from current levels Conversely, he downgraded Ford to equal-weight from overweight and maintained his $14 price target That would imply about 14% upside...

Recent Posts

Recent Comments

Advertisement