Reynolds American (NYSE: RAI) Stock Down on Verdict – but Not Out for Long
On Monday, Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on FOX Business' "Varney & Co."to weigh in on Reynolds American (NYSE: RAI) stock, as the company got slapped by a jury verdict late Friday.
After a four-day trial and 15 hours of deliberation, a Florida jury returned one of the largest verdicts against a tobacco company ever. It awarded $16 million in compensatory damages and $23 billion in punitive damages to plaintiff Cynthia Robinson. Robinson sued on behalf of her late husband, a long-time smoker who died of lung cancer in 1996.But here’s why Fitz-Gerald is confident that investors in Reynolds American stock – and Big Tobacco – have nothing to worry about…
We'll Book Texas-Sized Profits from This Huge Pure Play
Today you will be receiving information on our next direct oil investment project, Money Map Project #2.
And I can promise you… this is one very sweet deal!
It follows our first direct investment offering – Money Map Project #1 – which sold out so fast we had to turn a number of eager investors away.
And boy did our first project ever get off to an explosive start, striking a significant amount of oil with the first of 25 wells.
In fact, those who invested in the first offering will be receiving their first checks in a matter of days nowAnd, will continue to earn steady long-term returns over the life of all the wells in the project...
AAPL, FB, MSFT, AMZN Among Stocks to Watch This Week
This week is the peak of second quarter earnings season.This week’s earnings parade brings reports from some key players across several sectors. Following are six stocks to watch this week as they release earnings.
Alibaba IPO Price May Come at a Discount to Investors
According to a Bloomberg report, the Alibaba IPO price could be 22% lower than most analyst valuations when the company goes public later this year – but the reason is actually good for investors…
A recent Bloomberg survey of five analysts placed the valuation of Alibaba Group Holding Ltd. (NYSE: BABA) at $154 billion at the time of its IPO. The same survey said that Alibaba could reach a post-IPO value of $198 billion.
Here's why Alibaba may lower its IPO price when it comes time to make its public debut…Here's how a more modest valuation will actually help Alibaba investors...
The Six-Week Silver Price Rally Ends on Summer Trading and Renewed Confidence
Barring a big surge later in the day, silver prices are likely to finish down on the week for the first time since the last week of May.
Here's why silver has traded higher during these typically slow summer weeks…Here's why silver has traded higher during these typically slow summer weeks..
AbbVie (NYSE: ABBV) Stock Up After Making Biggest Tax Inversion Deal Ever
AbbVie Inc. (NYSE: ABBV) stock was up 2.45% at noon Friday after the Chicago-based company announced it finally inked a $54.8 billion deal with Ireland-headquartered Shire Plc. (Nasdaq ADR: SHPG) after weeks of back-and-forth negotiations.
The move has strategic merit in that it gives AbbVie a much-needed new drug portfolio. But it's the substantial tax advantage that figures heavily into the equation.Here’s why AbbVie wants Shire – and what the deal means for ABBV stock…
Why We Love General Electric Co. (NYSE: GE) Stock and Today's Earnings
On Friday morning, General Electric Co. (NYSE: GE) met Wall Street expectations when it reported second quarter earnings ahead of the bell, sending GE stock up more than 1% in pre-market trading.There were two notable takeaways from GE's earnings today. Here they are, plus why we're so excited about GE stock in coming months based on these "three powerful catalysts"...
Today's Stock Market News Includes the ABBV-SHPG Merger, Alibaba, and More
Stock market news today, July 18, 2014: The Dow Jones Industrial Average was hammered on Thursday and the S&P Volatility Index soared when a Malaysian Airlines plane crashed in a Ukraine. Suspicions swirled on whether it was shot down by Russians or pro-Russian separatists. Commodity prices in gold, oil, and agriculture saw strong gains as investors fled to hard assets.Here are the top stock market news stories for Friday, including a new Alibaba IPO date, details from the ABBV-SHPG merger, news from China, a FedEx scandal, MS earnings, and more...
In addition, multiple big name brands slumped heavily after failing to meet second-quarter earnings expectations.
Stocks to Watch Today: GE, GOOG, MSFT, and More
After the markets got slammed yesterday (Thursday), falling 161 points on a number of fear-triggering global economic events, there are a handful of stocks to watch today in what could be another volatile performance.
While summertime Fridays are typically quiet for equities, today's schedule of market moving events is jam-packed. It's also coming off a day that included a plane crash, the announcement of ground military offensive from Israel, and a 40% move in the Volatility Index (VIX).With earnings in focus, here are seven stocks to watch today, including GE, GOOG, MSFT, and more...