YHOO Stock Now Has to Wrestle with Taxes Post-Alibaba IPO
Yahoo! Inc. (Nasdaq: YHOO) stock rose 4% today, with Starboard Value LP reportedly buying up a large stake in the company. The investment management firm's decision is a positive development for YHOO, which had seen its shares tumble for most of the week on concerns that as it sheds its portfolio of overseas investments, the […]Here’s one thing YHOO needs to do to reassure shareholders now…
Dow Jones Makes It Clear That Inversion Deals Are Unwanted Trend
Dow Jones Industrial Average officials just made membership requirements for its elite index even more stringent, prompted by a surge in inversion deals made to avoid the high U.S. corporate tax rate. The committee overseeing the storied blue-chip benchmark just updated the definition for index inclusion. The classification now states that companies that conduct business […]Keep reading...
Why “End of Bitcoin” News Headlines Are a Positive Sign for the Digital Currency
When you start seeing a lot of Bitcoin news headlines declaring that the digital currency is dead or dying, it can only mean one thing. Bitcoin prices are bottoming out and will soon start rising. I'll explain that anomaly shortly, but first we need to take a look at what people have been saying about […]
These Biotech Stocks Are Tied to the World’s Most Expensive New Drugs
One of the reasons biotech stocks can be your portfolio's biggest winners is because of the massive profits companies see after releasing a blockbuster drug – especially with the exorbitantly high prices of this year's new treatments… Earlier this year, Gilead Sciences Inc. (NYSE: GILD) drew attention to sky-high drug prices when it launched its […]
There's More to the Home Depot Data Breach That Will Really Boil Your Blood
The Home Depot data breach is huge, and yet the general public seems frustratingly unconcerned about it.
Who should worry about data breaches? Everyone. You as an individual are at risk. Your bank account is at risk. Your credit is at risk. You're at risk in ways you never thought about.We can't afford to ignore this threat any longer...
Oil Prices Today: Three Key Factors the Pundits Are Missing
Several pundits attributed yesterday's spike in oil prices to the recognition that the fight against ISIS in Iraq-Syria will be a long one. As usual, the 30-second TV wonders missed the boat.
Of course, the ongoing chaos in the Middle East is certainly a factor. To the extent that oil traders begin to calculate its impact into their risk models, there will be an effect.However, when it comes to what actually moves oil prices, these three major price influences are more important…
The Best Hope for Reducing Taxes… Isn't What You Think
It appears that the move by Warren Buffett-backed Burger King Worldwide Inc. to buy iconic Canadian fast food chain Tim Hortons Inc. (USA) and relocate to Canada to lower its corporate tax rate was the straw that broke the camel's back when it comes to tax inversion deals.
One has to wonder whether the wily Mr. Buffett was not only trying to make money but doing his best to accelerate much-needed tax reform when he agreed to finance BKW's expansion into the northland…
The Washington-Wall Street "Corruption Corridor"
There's a new twist in an ongoing U.S. Securities and Exchange Commission (SEC) probe.
For months now, the SEC has been investigating whether anyone in the federal government leaked inside information to a Washington-based investment research firm.
While that was pretty juicy already, those investigators are now looking at up to 44 hedge funds that may have traded on that inside information.
If you already thought our public servants were greedy, dirty, and corrupt, well, this helps prove your case.
If, on the other hand, you think our folks in D.C. are pure, altruistic angels, today I'm going to convince you otherwise… Full Story
S&P 500 Suffers Steepest Decline in Almost 7 Weeks Today Amid China Concerns
The S&P 500 suffered its biggest drop since Aug. 5. on Monday as U.S. markets pulled back amid poor data in the U.S. housing market and ongoing concerns about manufacturing levels in China.
According to reports, China's finance minister said the country does not plan to increase stimulus efforts in the near term.Here are the top stories from the stock market today…
Dividend-Paying Stocks: MSFT, MCD, and 22 More New Dividend Boosts
The profusion of dividend-paying stocks that have increased payouts over the last several weeks reflects a robust second-quarter earnings season.
Companies in the S&P 500 turned in 10.3% earnings growth in Q2 – the highest advance since 2011's third quarter.
Last week Microsoft (Nasdaq: MSFT), McDonald's (NYSE: MCD), and 22 other dividend stocks raised payouts. Here's the full list of dividend hikes announced during the week ending Sept. 19, 2014.Last week Microsoft (Nasdaq: MSFT), McDonald's (NYSE: MCD), and 22 other dividend stocks raised payouts. Here's the full list of dividend hikes announced during the week ending Sept. 19, 2014.