Stocks Fall Most Since Trump Election

Stocks Fall Most Since Trump Election

The Dow and S&P 500 suffered their largest losses since mid-October, as market sentiment sours for the first time on Pres. Trump’s ability to accomplish the promised pro-growth policies of tax reform and stimulus. The Dow and S&P each closed with losses...

Disney’s Beauty and The Beast Starts Strong

Disney’s (NYSE:DIS) Beauty and the Beast is expected to score a record breaking opening weekend of $168M-$180M after earning $16.3M in Thursday night previews, the second-highest such preview figure ever for any G or PG-rated movie behind Harry Potter and the...

Tesla To Stop Selling Model S

Tesla (NASDAQ:TSLA) says it will discontinue the Model S 60 and 60D after April 16. Tesla statement: “We introduced the Model S 60 kWh battery as a more affordable option to accelerate the adoption of electric vehicles. However, most customers ended up buying an...

New York Mortgage Trust Slashes Dividend

We have just learned that New York Mortgage Trust, Inc. (NASDAQ:NYMT) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.20 per share on shares of its common stock for the quarter ending March 31, 2017. The dividend will be...

DryShips Declares Dividend

We have learned today that DryShips Inc. (NASDAQ:DRYS), a diversified owner of ocean going cargo vessels, announced today that it will pay a regular dividend of approximately $0.017412 per common share in connection with the previously announced dividend for the...

Annaly Capital Management Declares Q1 Dividend

We have learned today that the Board of Directors of Annaly Capital Management, Inc. (NYSE:NLY) declared the first quarter 2017 common stock cash dividend of $0.30 per common share. This dividend is payable April 28, 2017, to common shareholders of record on March 31,...

Mortgage MTGE Investment Company Hikes Dividend

We just learned today that MTGE Investment Corp. (NASDAQ: MTGE) announced that its Board of Directors has declared a cash dividend of $0.45 per share of common stock for the first quarter 2017.  The dividend is payable on April 27, 2017 to common stockholders of...

Adobe Systems Reports Strong Quarter

Adobe (NASDAQ:ADBE) today reported financial results for its first quarter fiscal year 2017 ended March 3, 2017. Financial Highlights Adobe achieved record quarterly revenue of $1.68 billion in its first quarter of fiscal year 2017. Diluted earnings per share was...

SpaceX Successfully Launches the ECHOSTAR XXIII

On March 16, 2017, SpaceX’s Falcon 9 successfully delivered EchoStar XXIII, a commercial communications satellite for EchoStar Corporation, to a Geostationary Transfer Orbit (GTO).  EchoStar XXIII is a highly flexible, Ku-band broadcast satellite services (BSS)...
Snapchat Stock Falls Below $20

Snapchat Stock Falls Below $20

Snap (NYSE:SNAP) is down 4% to slip below $20 for the first time since the IPO. TheStreet.com reported earlier today that Snap could face some investor lawsuits over the high level of non-voting shares issued as part of the public launch. That’s right....
March 2017 Blizzard Grounds Flights

March 2017 Blizzard Grounds Flights

U.S. airlines have cancelled over 7K flights over the last two days due to snowstorms, according to data from FlightAware. On top of a monster storm hitting cities on the East Coast such as New York City, Washington D.C. and Philadelphia  – Chicago is forecast...

Frontier Communications: What a Disaster

Frontier Communications Corporation (NASDAQ:FTR) has been a stock that I have been following for a while. Now, for a long time, I had worries over the company’s dividend, and sure enough, it had been cut over time. Well, I am here to tell you that following the...

Halliburton To Make Major Purchase

Where have I seen this before? If you have not heard by now, Halliburton (NYSE:HAL) is reportedly close to reaching a deal to acquire Norwegian oil services company Aker Solutions or its key subsea unit. This would be a sizable purchase. Now I know what it reminds me...

Terravia Stock Set To Move After Production Improves

TerraVia Holdings (TVIA) remains a long-term speculative investment, but not one without near-term uncertainty. In the present, the company continues to walk a fine line through the balancing act of scaling production at its joint venture facility in Brazil and...
How to Save Money On A Cruise

How to Save Money On A Cruise

  So you want to know how to save money on a cruise? We scoured the web and found our best advice. Do you also need to save money on airfare? Check out our key advice. Want to rent a car and drive? Then you must check out our recommendations. 1. Never Pay the...

How to Save Money Buying A House

So, you want to know what you can do to save money buying a house? Buying a home is one of the most rewarding experiences an American consumer can have. It’s also one of the most harrowing. This isn’t exactly an everyday kind of purchase. Most people will do this two...

S&P 500 and Dow Jones Industrial Make Changes

The S&P and  Dow Jones Indices have made adjustments to the market cap definitions of its indexes that have resulted in some ticker shuffling. Effective today, the S&P 500 has a market cap guideline of $6.1B or greater (up from a previous $5.3B). In addition,...

Oil and Energy Company Leaders Fear Market

 “Efficiency” is being stressed this week by oil company leaders. They worry about how too much of a good thing could turn out bad. What were are talking about is too much production. From Exxon Mobil’s (NYSE:XOM) Darren Woods to Statoil’s...
How to Save Money on Hotels

How to Save Money on Hotels

How to Save Money on Hotels While Traveling 1. Stick to Your Budget Don’t rack up debt. To avoid this situation, first determine how much you want to spend on your vacation. Then, decide what comforts, conveniences, and other variables you desire from your...
What is the Alternative Minimum Tax?

What is the Alternative Minimum Tax?

What is the Alternative Minimum Tax? Well, the alternative minimum tax, commonly referred to as the AMT, has its own set of rates (26% and 28%) and requires a separate computation that could substantially boost your tax bill. Basically, it’s the difference...
Ferrellgas Partners Faces Challenges

Ferrellgas Partners Faces Challenges

Last fall I said that Ferrellgas Partners (NYSE:FGP) put in a performance that was simply disgusting and the stock proceeded to fall to the $5 range. Unit prices have absolutely imploded since the major distribution cut early last year. Low energy prices have hurt...

Facebook to Move Into Streaming Major League Soccer

Facebook’s (NASDAQ:FB) media moves take another step with an agreement to live-stream at least 22 Major League Soccer games this season. The first match livecast comes March 18 when Chicago plays an expansion team from Atlanta. The telecasts come through a deal...

Ulta Beauty Reports Q4

Just this morning Ulta Beauty (NASDAQ: ULTA) announced financial results for the thirteen week period (“Fourth Quarter”) and fifty-two week period (“Fiscal Year”) ended January 28, 2017, which compares to the same periods ended January 30, 2016. “The Ulta Beauty team...
Avatar Movie Sequel Delayed: Impact to Disney?

Avatar Movie Sequel Delayed: Impact to Disney?

Looks like Avatar 2 will take a little while longer before it makes a run at the same box-office gold as its predecessor. Unfortunately, the film is “not happening” in 2018, says director/producer James Cameron, marking another of many delays in its...

The Street Reports Q4 Earnings

Today we saw that TheStreet, Inc.(NASDAQ:TST) reported financial results for the fourth quarter and full year ended December 31, 2016. For the fourth quarter of 2016, the Company reported revenue of $15.9 million, net loss attributable to common stockholders of $11.6...
MeetMe Stock Slammed Following Share Offering

MeetMe Stock Slammed Following Share Offering

I have been covering MeetMe (NASDAQ:MEET) for quite a while. You may remember that I bought in at the $2 mark, and made it my top pick for 2016. In the summer of 2016, the stock surpassed $7, at which point I recommended that investors should take profits. When the...
SEC Denies Bitcoin ETF

SEC Denies Bitcoin ETF

Is this the start of a major decline in Bitcoin? We have just received word that suggests this may be the case. Dashing years of hopes, the SEC has rejected the Winklevoss Bitcoin ETF (Pending:COIN). Near $1,300 ahead of the announcement, the price of bitcoin has...

TD Bank Faces Fraud Allegations Like Wells Fargo

After a CBC News report about the pressures put on branch employees to sign up customers for products they don’t need.TD Bank (NYSE:TD) is getting hit hard, similar to what happened to Wells Fargo (NYSE:WFC) “When I come into work, I have to put my ethics...
This Market Week Headlines (3/6/17-3/10/17)

This Market Week Headlines (3/6/17-3/10/17)

Stocks gain after strong jobs report but snap weekly winning streak Stocks closed with modest gains after this morning’s strong jobs report reaffirmed strength in the U.S. economy as well as the near certainty of a rate hike at next week’s FOMC meeting....

Vail Resorts Stock A Double

Why haven’t you listened? For the past year and a half I have urged you, I have pounded the table on, and opined extensively on Vail Resorts, Inc. (NYSE:MTN). Yet volume remains relatively light and the stock isn’t anywhere near on most of your radars....