Markets
Total Value of All US Homes: $31.8 Trillion. How Big Is That?
Even accounting for inflation, the total value of US homes has surpassed the pre-recession peak, as $24.25 trillion dollars in 2006 would be worth approximately $29.44 trillion in 2017. Among the 35 largest US markets, the greatest total home value growth happened in Columbus, Ohio, which gained 15.1 percent to $152.3 billion - enough to buy 634 million club seats at Friday's Cotton Bowl game be... [Full Article...]
Salvation Army bell-ringing campaign falls short of goal; cutbacks may follow
This new tax bill will double the standard deduction which will result in fewer people being able to itemize their taxes, and as a result will hurt vulnerable populations and agencies such as the Salvation Army, who serve them. The organization continues to accept donations. "It's nice to be able to have that benefit, but I don't think people are going to stop donating because they can not take ... [Full Article...]
Time Warner Inc (NYSE:TWX) Declares $0.40 Quarterly Dividend
The stock increased 0.25% or $0.23 during the last trading session, reaching $91.6. About 35,523 shares traded. It has outperformed by 19.67% the S&P500. Finally, Canada Pension Plan Investment Board grew its holdings in shares of Time Warner by 624.8% during the 2nd quarter. Time Warner Inc has a 1 year low of $85.88 and a 1 year high of $103.90. [Full Article...]
XPO Logistics, Inc. (XPO) Forming A Pattern Of Major Movements
Cypress Funds Llc who had been investing in Xpo Logistics Inc for a number of months, seems to be bullish on the $11.03B market cap company. The stock increased 0.81% or GBX 15 during the last trading session, reaching GBX 1865. (NYSE: XPO ) for 219,979 shares. The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 1.80, which implies that ... [Full Article...]
Of Course Martin Shkreli's Lawyer Has Been Convicted of Fraud
Evan Greebel was found guilty yesterday of stealing almost $11 million dollars from companies that include Retrophin Inc.as a way to pay back investors that Martin lost money to during shady business deals. Prosecutors have said that Mr. Shkreli lied about the funds' finances to lure investors and concealed devastating trading losses. In September, following his conviction, Shkreli was jailed af... [Full Article...]
$1.59 EPS Expected for SL Green Realty Corp. (SLG)
About 337,592 shares traded. SL Green Realty Corp. Realty Income Corporation (NYSE:O) has declined 8.21% since December 28, 2016 and is downtrending. It has underperformed by 12.71% the S&P500. It worsened, as 27 investors sold SLG shares while 120 reduced holdings. New York State Teachers Retirement accumulated 128,313 shares. Bokf Na stated it has 4,955 shares or 0.01% of all its holdings. [Full Article...]
Active Volume Stock: Denbury Resources Inc. (NYSE:DNR)
F.N.B. News headlines about Denbury Resources (NYSE: DNR ) have been trending somewhat positive recently, according to Accern Sentiment Analysis. It has underperformed by 72.95% the S&P500. Corporation (FNB) stake by 10.19% reported in 2017Q3 SEC filing. The firm had revenue of $264 million during the quarter, compared to analyst estimates of $254.67 million. [Full Article...]
MI minimum wage climbs to $9.25 on January 1
Wages will continue to rise incrementally over the next several years. But the overall impact could cause ripples beyond the minimum-wage earners. The amendment raised the wage from $4.25 to $6.85 an hour in 2007, elevating Ohio's rate above the national rate. [Full Article...]