by admin | Jan 29, 2016 | Uncategorized
At $5, Bank of America (NYSE:BAC) was super cheap. Even now, on a relative price to earnings basis, the stock looks like a bargain. However, if I could truly determine that the company had the potential to reach the $4 per share in EPS it had a decade ago, then...
by admin | Jan 29, 2016 | Uncategorized
Stocks nosed higher then turned choppy, while Treasury yields fell and the dollar weakened after the Federal Reserve conceded that U.S. economic growth has slowed and inflation remains quiet.
by admin | Jan 28, 2016 | Uncategorized
The $550 bln tech giant’s top line nearly flatlined as demand for its smartphones stalled in the last quarter of 2015. Sales are set to slide in the current period. A $216 bln cash hoard and a low…
by admin | Jan 28, 2016 | Uncategorized
In a turbulent and ultimately almost flat year for stocks, Ray Dalio (Trades, Portfolio)’s Bridgewater Pure Alpha fund generated $3.3 billion in net gains, returning Dalio to his rank as the top hedge fund manager.
by admin | Jan 28, 2016 | Uncategorized
The mega-insurer unveiled plans to sell businesses, slash costs and return $25 bln to shareholders. That’d be a lot for most companies under siege from an activist like Carl Icahn. It’ll only get AIG…
