Forget Gilead Sciences Inc.: These 3 Stocks Are Better Buys
If you’re a growth-oriented investor, Gilead Sciences (NASDAQ: GILD) may no longer be a particularly good fit for your portfolio. This blue-chip biotech, after all, has seen the sales of its top-selling hepatitis C drug Harvoni fall dramatically in the last quarter, and its top line is expected to drop by nearly 7% this year... Read More →
Volkswagen Is Gearing Up to Mass-Produce Electric Cars in China
VW’s budd-e concept is a futuristic preview of a battery-electric vehicle similar to VW’s iconic Microbus. Something similar could be headed into production soon — in China. Image source: Volkswagen. Volkswagen (NASDAQOTH: VLKAY) and Chinese automaker Anhui Jianghuai Automobile Company (JAC) said on Wednesday that they are working on a joint venture to make electric... Read More →
Azure vs. AWS: Can Microsoft Catch Up to Amazon in the Cloud Competition?
Image source: Getty Images. A report from IDC estimates that public cloud spending will increase from $70 billion in 2015 to $140.1 billion in 2019 — that’s a lot of potential business up for grabs for service providers. As security continues to improve and enterprises increasingly move from on-premise data centers and infrastructure to the... Read More →
The Long Road to Revival for McDonald's Corporation
Steve Easterbrook became CEO of McDonald’s (NYSE: MCD) in Jan. 2015. Upon taking the job, he announced new efforts to revitalize the company, which failed to impress … anyone. But almost two years later, he has actually executed on that turnaround, which has impressed investors — enough to boost results at the company while pushing... Read More →
Why Norwegian Cruise Line Holdings Ltd's Shares Plunged 16% in August
Image source: Getty Images. What happened Shares of Norwegian Cruise Line Holdings Ltd (NASDAQ: NCLH) dropped 15.8% in August, according to data provided by S&P Global Market Intelligence , after the company reported less than stellar results. Investors may be in for a rough year as well. So what Second quarter revenue grew 9.3% to... Read More →
Strong ETF Inflows Continue In August
By Drew VorosETF.com Editor-in-Chief After July saw more than $53 billion in new assets flow to ETFs, August followed suit with another strong month, with nearly $30 billion of inflows, with equity ETF gathering the lion’s share of new money. In aggregate, August asset flows were solid, if much smaller than July’s $52 billion intake. So... Read More →
Apple, Inc.'s Wednesday iPhone 7 Event: What to Expect
It’s that time of the year when Apple (NASDAQ: AAPL) announces new iPhones. As expected, the tech giant has invited the media to an “Apple Special Event” this Wednesday, where the company is expected to show off the iPhone 7, 7 Plus, and a few other new products. Here’s a look at expectations ahead of... Read More →
Valmont (VMI) Appoints Kaniewski as New COO and President
Valmont Industries Inc. VMI has announced the promotion of Stephen G. Kaniewski to the position of Chief Operating Officer and President of the company, effective Oct 1, 2016. Valmont’s board of directors has authorized the promotion, making Kaniewski responsible for the daily operations of the company. He will report to Mogens Bay, the company’s Chairman... Read More →
Buckle's Dismal Comps Trend Continues, August Sales Fall
The Buckle, Inc. BKE has been continuing with its sluggish comparable-store sales (comps) performance this year. Comps for the four-week period ended Aug 27, 2016, fell 14.8% year over year, continuing the trend of decline – 10.9% in July, 10.6% in June, 11% in May, 13.2% in April, 11.8% in March, 8.9% in February and... Read More →
What Is the Maximum Social Security Spousal Benefit?
Image source: Getty Images. Thanks to Social Security spousal benefits, you could be entitled to inflation-adjusted income for the rest of your life, even if you never worked or didn’t work consistently throughout your career. If you’ve never heard of spousal benefits, then you may be surprised at how large they can be. What is... Read More →