Greek fishing boats

IMF Calls for More Greek Debt Restructuring

Greece is back in the news. The good news about Greece is that they are not back in the news on the verge of an impending default, nor is Greece ...
Read Full Story »
Offshore Drilling Rig

Nomura Raises Price Target on Noble Energy

On Sunday, Israeli Prime Minister Benjamin Netanyahu approved a deal that he and members of his ruling coalition hope will get the ball rolling on developing a huge offshore natural ...
Read Full Story »
stock certificate

Stock Buybacks Appear to Be Falling out of Favor in 2016

When it comes to companies returning capital to their shareholders, the two general methods have been via dividends and stock buybacks. Dividends are a signal that income should remain healthy. ...
Read Full Story »
car repair

What to Expect When AutoZone Reports Earnings

AutoZone Inc. (NYSE: AZO) is set to report its fiscal third-quarter financial results before the markets open on Tuesday. Thomson Reuters consensus estimates are $10.92 in earnings per share (EPS) on ...
Read Full Story »
beach sunrise

Americans’ Retirement Income Falls Short

In order for Americans to enjoy a financially comfortable retirement, a rule of thumb from financial advisors is that they will need about 70% of their pre-retirement income in order ...
Read Full Story »
Best Buy

What to Look for in Best Buy Earnings

Best Buy Co. Inc. (NYSE: BBY) is scheduled to release its fiscal first-quarter earnings report before the markets open on Tuesday. The consensus estimates call for $0.35 in earnings per ...
Read Full Story »
puzzle

Are There More Insurance Giant Merger Risks?

Many investors, and the millions of insured Americans, are concerned about insurance premiums. After all, "Affordable Care" hasn't proved to be that affordable for many people who already had insurance ...
Read Full Story »
M&A

KBR Buys Government Contractor Wyle for $570 Million

Engineering, procurement and construction (EPC) company KBR Inc. (NYSE: KBR) announced Monday morning that it has reached a definitive agreement to acquire privately held Wyle for $570 million, including a ...
Read Full Story »
100 dollar bills

Yum Authorizes Huge Share Repurchase Plan

Yum! Brands Inc. (NYSE: YUM) recently announced that its board of directors has approved a significant share repurchase plan for 2016. The board authorized a repurchase program up to $4.2 ...
Read Full Story »
buy sell

Why Credit Suisse Now Prefers 21st Century Fox Over Time Warner

Investors look through various research reports to find new value in many different forms. One such method is to review additions and deletions from focus lists at the big investment ...
Read Full Story »
Oil platform on sea

Freeport-McMoRan Cancels Oil & Gas Spin-Off

Mining and energy company Freeport-McMoRan Inc. (NYSE: FCX) formally filed a notice with the U.S. Securities and Exchange Commission (SEC) withdrawing its proposed spin-off and initial public offering in its ...
Read Full Story »
bigger fish

Ares Capital Moves to Acquire American Capital, Excluding Mortgage Management

Both Ares Capital Corp. (NASDAQ: ARCC) and American Capital Ltd. (NASDAQ: ACAS) announced that they have entered into a definitive merger agreement. According to the agreement, Ares Capital will acquire ...
Read Full Story »
mortgage application

Mortgage Loan Numbers Drop Among Low Credit Score Applicants

In 2005, at the peak of mortgage loan applications, 11.7 million Americans applied for home-purchase mortgages. That number fell to a low of 3.6 million applications in 2011 before rising ...
Read Full Story »
thumbs up

Analysts Look Positive on Red Rock Resorts After IPO Quiet-Period Expiration

Red Rock Resorts Inc. (NASDAQ: RRR) has seen its post-IPO quiet period come to an end. Several brokerage firms have started coverage on what is mostly considered a Las Vegas ...
Read Full Story »
whistle

SEC Continues to Pay Whistleblowers

The U.S. Securities and Exchange Commission (SEC) recently announced it will jointly award more than $450,000 to two individuals for a tip that led the agency to open a corporate ...
Read Full Story »