Tag Archives: GBSN

stock market history

We all know financial stocks have gone through the roof since President Trump’s win. So the question becomes: what do we do with these companies now?

There’s no one answer for every financial stock, of course.

Some are still great, undervalued buys—but there are two that have gotten grossly overvalued and should be avoided, or sold if you hold them. (Below, I’ll reveal 3 better high-yield stocks to buy instead.)

These 2 Financials Are Headed for Trouble

Bank of America Corp (BAC) is the first bank on my hit list.

A Breathtaking Rise

After....More>>>

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Bookseller Barnes & Noble Inc. (NYSE: BKS) posted its highest-ever stock price at above $45 a share in March of 2006. By March of 2011 it had dropped below $9 a share, and it posted a new all-time low of $7.25 in February of last year.

B&N reported Thursday that same-store sales for the nine-week holiday period ended December 31 plunged 9% year over year. Online sales rose 2% in the same period.

The company blamed the decline on lower foot traffic, as well as a drop in sales of coloring books and artist’s supplies, both big sellers in the 2015 holiday season. Last....More>>>

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Silicon Valley has been roiled again by claims of sexism and the harassment of women.

On Friday, venture capital investor Justin Caldbeck said he was taking an indefinite leave of absence from his firm after he was accused of sexually harassing women who work in tech.

“The gap of influence between male venture capitalists and female entrepreneurs is frightening and I hate that my behavior played a role in perpetrating a gender-hostile environment,” Caldbeck wrote in a statement released by Binary Capital, the firm he cofounded in 2014.

Reed Albergotti of....More>>>