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'A Network Effect': New Model For Video Games Relies On In-Game Cash
Wednesday, February 20, 2019 - 4:13pm | 753The phenomenal success of "Fortnite" and its biggest competitor, Electronic Arts Inc. (NASDAQ: EA)’s "Apex Legends," points to a new model for how video game companies are increasingly making their money. The launch earlier this month of the free-to-play "Apex Legends...
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Dick Bove: Calabria Will 'Probably Seek Little' For Fannie And Freddie Common Shareholders
Tuesday, February 19, 2019 - 12:04pm | 716Government-sponsored enterprises Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) have sprung back to life in 2019, with both stocks up more than 139 percent year-to-date. After years of disappointment for investors, one prominent voice on Wall...
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A 'Bullish Sign': Analysts Positive On BB&T's Mega Merger With SunTrust
Friday, February 8, 2019 - 2:30pm | 772The proposed combination of BB&T Corporation (NYSE: BBT) with SunTrust Banks, Inc. (NYSE: STI) could create the sixth-largest U.S. retail bank and mark the largest merger in the sector since the financial crisis. Here's how some of the Street's top analysts reacted to Thursday's...
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What To Expect From The Federal Reserve On Wednesday
Tuesday, December 18, 2018 - 3:15pm | 599The big news for investors this week is the two-day Federal Reserve meeting that kicked off Tuesday. The Fed is widely expected to raise interest rates for a final time Wednesday, but investors will be watching closely for what the Fed has to say about its outlook for 2019 and beyond. Long-Term...
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Lululemon Shares Are Getting Flexed, But Analysts Are Still Bullish
Friday, December 7, 2018 - 3:26pm | 601Lululemon Athletica inc. (NASDAQ: LULU) delivered yet another impressive earnings report Thursday, but shares are getting pummeled. The Canadian-based athletic apparel brand delivered third-quarter adjusted earnings of 75 cents per share, beating estimates by 5 cents. Sales came in at $748 million...
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Everything You Need To Know Ahead Of The G20 Summit
Thursday, November 29, 2018 - 1:38pm | 701The 2018 G20 summit will be held in Buenos Aires, Argentina starting Friday, and this year’s meeting is lining up to be an extremely important one for global financial markets. The two major areas investors will be watching at this year’s event will be any developments on the...
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How Millennials, Baby Boomers Are Reacting To Market Volatility
Monday, October 15, 2018 - 12:28pm | 522Last week’s massive two-day sell-off in stocks rattled investors. The experts are saying market fundamentals remain strong and investors should consider buying the dip; the latest numbers from TD Ameritrade Holding Corp. (NASDAQ: AMTD) suggest millennial investors are doing just that....
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Tech Stocks Fall Amid Twitter, Facebook Senate Testimonies
Wednesday, September 5, 2018 - 3:20pm | 588Facebook, Inc. (NASDAQ: FB) COO Sheryl Sandberg and Twitter, Inc. (NYSE: TWTR) CEO Jack Dorsey on Wednedsay testified before the Senate Intelligence Committee. A representative from Alphabet (NASDAQ: GOOGL)’s Google failed to attend, which Sen. Mark Warner warned will hurt the...
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Facebook's Q2 Earnings: What To Expect
Wednesday, July 25, 2018 - 9:35am | 665Facebook, Inc. (NASDAQ: FB) is scheduled to report second-quarter results Wednesday afternoon, and some Wall Street analysts are turning incrementally bullish ahead of the print. The Analysts Deutsche Bank's Lloyd Walmsley maintained a Buy rating on Facebook with a price target...
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How Important Is The Yield Curve?
Wednesday, July 18, 2018 - 7:48am | 485Bank earnings season is off to a mixed start, and bank investors haven’t gotten the type of returns they had hoped for in a climate of rising interest rates. A major part of the problem: the flat yield curve. Here’s a closer look at what the yield curve is and why it matters. What Is...
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A Concerning Weakness In Bank Stocks
Saturday, June 16, 2018 - 3:46pm | 661Coming into 2018, many traders expected the environment of rising interest rates, financial sector deregulation and a booming U.S. economy to create the perfect environment for bank stocks. Unfortunately, the Financial Select Sector SPDR Fund (NYSE: XLF) is down 1.7 percent so far this year, and...