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Yum China Rises After Reportedly Spurning $46 Per Share Takeover Bid
Shares of Yum China (YUMC) are on the rise following a media report saying the company has rejected a buyout offer of $46 per share made by a consortium led by Hillhouse Capital. E... -
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Stocks Rally As U.S. & Mexico Form A Preliminary Trade Agreement
Monday was an amazing day for equities as the S&P 500 increased 0.77% and the Nasdaq increased 0.91%. The Russell 2000 was only up 0.16% because the catalyst for the ‘risk on... -
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Phibro Animal (PAHC) Q4 Earnings Beat, Sales Improve Y/Y
Phibro Animal Health Corporation PAHC reported adjusted earnings per share (EPS) of 46 cents in the fourth quarter of fiscal 2018, up 17.9% year over year. Adjusted EPS surpassed... -
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Trade Deficit Widens 6.3% To $72.2 Billion, Worse Than Expected
Economists expected the trade deficit to widen, but the report was outside the range of any estimate. The Advance Economic Trade Report (Goods Only), shows The international t... -
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Softening U.S. Consumer Confidence To Fuel EUR/USD Rate Recovery
TRADING THE NEWS: U.S. CONSUMER CONFIDENCE A downtick in the U.S. Consumer Confidence survey may fuel the recent weakness in the dollar as it casts doubts for four Fed rate-hikes i... -
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Home Prices Continue To Rise In June
With today’s release of the June S&P/Case-Shiller Home Price Index, we learned that seasonally adjusted home prices for the benchmark 20-city index were up 0.12% month ov... -
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E Coca Cola: A Dividend King With A Juicy Yield
The Coca Cola Company (ticker: KO) is a consumer staples sector beverage giant that produces and sells a huge amount of different drinks from categories such as carbonated soft dri... -
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The Tax Drag On MLP Funds
MLP-dedicated funds are structured as corporations, which means they pay corporate taxes. They’re unique in this regard; few ETF or mutual fund investors stop to check on this. W... -
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Consumer Confidence Highest Since October 2000
The latest Conference Board Consumer Confidence Index: The headline number of 133.4 was an increase from the final reading of 127.9 for July, an upward revision from 127.4 and its... -
Finance 0
Best Buy (BBY) Tops Q2 Earnings And Revenue Estimates
Best Buy (BBY – Free Report) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.6...