What happenedGeneral Electric (NYSE: GE) investors have had a tough year. As the S&P 500 surged more than 16% over the past 52 weeks, GE stock went the other way. It's still down 23% -- and lagging the S&P's performance by about 40 percentage points!
Alphabet's Google has tweaked concessions aimed at allaying EU antitrust concerns about its $2.1 billion purchase of Fitbit, people familiar with the matter said, putting it on course to secure EU approval for the deal.
The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets.CHARLES SCHWAB CORP (SCHW) i
The following are today's upgrades for Validea's Earnings Yield Investor model based on the published strategy of Joel Greenblatt. This value model looks for companies with high return on capital and earnings yields.LIBERTY SIRIUS XM GROUP (LSXMA) is a large-cap growth stock in t
5G took center stage at Apple's (NASDAQ: AAPL) recent iPhone event. The faster network capability is one of the main selling points for Apple this year, but the feature inherently relies on the carriers' networks. And the carriers are ready to sell 5G.Verizon (NYSE: VZ), AT&T
The $49-billion asset First Citizens BancShares (NASDAQ: FCNCA) is merging with the $61-billion asset CIT Group (NYSE: CIT) in an all-stock deal that will create the 19th largest bank in the U.S., it was announced today.
(RTTNews) - Shares of Vipshop Holdings Limited (VIPS), a China-based online discount retailer, are gaining almost 14 percent or $2.43 in Friday's morning trade at $20.08 despite no company-centric news that could push the stock higher.U.S. stocks are rising on Friday after a repo
(RTTNews) - With an improvement in consumer expectations more than offsetting concerns about current conditions, the University of Michigan released a report on Friday showing a much bigger than expected increase in U.S. consumer sentiment in the month of October.The preliminary
(RTTNews) - Hertz Global Holdings, Inc. (HTZ) shares are soaring on Friday morning as it secured a new $1.65 billion debt package for re-organization. The company plans to use $1 billion for vehicle acquisition and the rest for working capital and general corporate purposes. Curr
Albertsons (NYSE: ACI) went public in late June, and as it prepares to release its second-quarter earnings report next week, the second largest pure-play supermarket chain announced it would begin paying shareholders a dividend.The grocery store set the quarterly payout at $0.10
It's a no brainer that healthcare is shifting away from "fee for service" and more toward "value-based care". As this shift continues, innovative companies focusing on wholistic, patient-centric care models will stand out from the rest.Here's why I think Livongo's (NASDAQ: LVGO)
(RTTNews) - GTT Communications Inc. (GTT) agreed to sell its infrastructure division to I Squared Capital, an independent global infrastructure investment firm, for $2.15 billion.The infrastructure division consists of GTT's business and activities of providing Pan-European, Nort
(RTTNews) - Shares of oilfield services company Schlumberger Limited (SLB) are down more than 5% Friday morning after the company's third-quarter revenue missed view.Revenue for the quarter decreased 38% year-on-year to $5.258 billion. On average, 22 analysts polled by Thomson Re
(RTTNews) - Shares of nano-cap company SG Blocks Inc. (SGBX) surged over 50% on Friday morning after the company inked a deal with Blink Charging Co. (BLNK), an operator of electric vehicle charging equipment and services.SGBX is currently trading at $3.17, up $1.15 or 56.9307%,
Around half of all older Americans aren't expecting much from Social Security. According to recent research from the Society of Actuaries, just 50% of pre-retirees expect their retirement benefits from this entitlement program to be a major source of income. On the one hand, this
It was like deja vu all over again. First, the market reacted immodestly to headlines indicating there was little chance of pre-election fiscal stimulus in the US. It was hardly new news.
It's been a rough year for Boeing (NYSE: BA) shareholders, as a one-two punch of issues with the company's 737 MAX coupled with a pandemic-induced falloff in aircraft demand has sent the shares tumbling nearly 50% year to date.Management will provide an update on how things are g
Investors are likely seeing special purpose acquisition companies (SPACs) discussed frequently in financial news and media, but it's probably less clear how to build them into a portfolio or if it's even wise to be involved with them at all. These investment vehicles have been ar
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