Southwest Airlines Co. (LUV Quick QuoteLUV ) received encouraging news on the labor front when it inked a tentative deal with International Association of Machinists and Aerospace Workers (“IAM”) to reward more than 5000 customer service employees. This provisional agreemen
Is this typical President Trump hyperbole, exaggerating his ratings power to impress people? Or is it a straight-up lie?
On Thursday morning the president said the 45.6 million people who watched Tuesday’s State of the Union was “the highest number in history.”
That’s not true. And it left observers wondering where he came up with such a claim.
The presidential misstatement immediately called to mind the inauguration crowd size controversy of 2017. The White House made faulty claims about inauguration attendance, triggering days of debate over....More>>>
A relative calm in global markets is at risk of ending abruptly as U.S. traders return from a market holiday to the sight of Italy’s government in full-blown political crisis.
Populist parties called for fresh elections after Italy’s president refused to endorse their choice of finance minister and appointed Carlo Cottarelli, a former International Monetary Fund official, as prime minister instead.
The political impasse in the third-largest euro-zone economy has sent yields on Italian two-year government bonds up by a whopping 202.4 basis points this month....More>>>
MKM Partners recently released a bullish note on Alibaba (BABA) stock with a Street-high $280 price target, implying more than 40% upside from current levels. We largely agree with MKM’s bull thesis on Alibaba, and further believe that near-term margin concerns are unnecessarily short-sighted, while big picture investors would be wise to focus on the company’s accelerating top-line growth narrative.
Overall, we feel that BABA stock remains materially undervalued below $200. Given peer valuations and intrinsic earnings growth potential, we believe that BABA stock can easily....More>>>
In June of this year, I wrote a Seeking Alpha article pointing out that Evolution Petroleum (NYSEMKT:EPM) stock price was not keeping pace with the rise in the price of WTI. Since that piece was published, shares are up 50% and are up over 80% since my first Seeking Alpha article on the company in February (see Evolution Petroleum: Total Production Costs Of Only $13.44/bbl). Is it time to take profits?
EPM has been performing very well this year as the price of oil has firmed. The most recent quarterly results were released on November 7 and included was a 30% increase in the dividend....More>>>
Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process.
Let’s put Intel Corporation (NASDAQ:INTC) stock into this equation and find out if it is a good choice for value-oriented investors right....More>>>
Outside of inflation at 40-year highs, the economy is slowing. More people are losing their jobs. And for those who work, paychecks aren’t keeping up with higher prices. More and more people are putting everyday purchases on credit cards. Ma
Aerie Pharmaceuticals, Inc. (AERI Quick QuoteAERI ) announced data from the phase IIb study (“COMET-1”), which evaluated its investigational therapy, AR-15512, in patients with dry eye disease. While the study achieved statistical significance over multiple pre-specified sy
WAX (CURRENCY:WAXP) traded up 65% against the dollar during the 1-day period ending at 22:00 PM E.T. on August 22nd. Over the last week, WAX has traded up 58.8% against the dollar. One WAX coin can currently be bought for about $0.30 or 0.00000609 BTC on exchanges. WAX has a total market c