Investing

The billionaire investor told CNBC last month, “I wouldn’t rule out owning an entire airline.” The analyst said Buffett likes to buy companies with solid cash flows, strong competitive advantages and “high-grade” management teams. Southwest Airlines “screens well on those, as does DAL but to a lesser extent … LUV seems like the most logical
0 Comments
With the S&P 500 not far from the firm’s 2018 year-end target, Goldman Sachs says there is still an investment strategy that can outperform. The firm recommended companies with strong prospects for growth at reasonable valuations. “Secular growth stocks [or] companies with the fastest expected growth offer value relative to history,” David Kostin, Goldman’s chief
0 Comments
Check out which companies are making headlines before the bell: Tiffany – The luxury goods retailer beat estimates by 3 cents with quarterly profit of $1.67 per share. Revenue also beat forecasts, and a same-store sales increase of 3 percent was slightly above the consensus estimate of 2.8 percent. Hibbett Sports – The athletic apparel
0 Comments
With its $700 million acquisition of dietary supplement maker NutraNext, Clorox is making a deliberate stride into its newest target market: vitamins, minerals and supplements, CEO Benno Dorer told CNBC on Thursday. “Two-thirds of the U.S. population use supplements and a lot of consumers, as we age, but also millennials, are looking for a healthier
0 Comments
Shares of Overstock.com dropped in Friday after the e-commerce company reported a sales decline and no significant progress on a potential sale of its retail arm to focus on its cryptocurrency-related business. The stock briefly fell more than 16 percent, but closed about 5.2 percent lower near $45.70, still down 25.2 percent for the week.
0 Comments
President Donald Trump could tout a more aggressive trade policy against China when he visits a Boeing plant Wednesday. Investors are increasingly concerned over the prospect of rising protectionism from the administration. Trump may impose tariffs on $60 billion of Chinese goods, Reuters reported Tuesday, citing a source who had discussed the issue with the
0 Comments