Hecla Mining (HL) is one of our favorite silver miners. The company recently made a decision to purchase Klondex Mining (KLDX). We believed that after the selloff the stock faced, there was an opportunity here. While we discussed the terms of the deal and what it meant for Hecla, we did not focus on performance…
Tootsie Roll Industries (TR) has a dividend growth track record that few companies can rival. The company has increased its cash dividend for 52 consecutive and has paid continuous quarterly dividends for even longer. That puts the company among the elite Dividend Kings, a small group of stocks that have increased their payouts for at…
Facebook has been on the news lately when the world discovered that more than 50 million users had their personal data breached with the downloading of Kogan’s Application, a data harvesting route, which due to the lax of structure of Facebook’s APIs at the time, allowed the foreign political consultancy firm to acquire information on…
Back in 1999, I wrote an article called “Untangling the Trade Deficit” for the Public Interest magazine. I started this way: The competition for most misunderstood economic statistic is hard-fought, but there is a clear winner: the trade deficit. No other number is interpreted so differently by professional economists and the general public. Common reactions to the…
Walmart (WMT) is in talks with Humana (HUM) for a closer partnership to provide health care to consumers at home and prevent illness, Zachary Tracer and Ed Hammond of Bloomberg reported late last night, citing a person familiar with the matter. Their report follows the Wall Street Journal’s, which said last night that Walmart was…
AUD/USD remains in the downtrend from 0.7916, the rise from 0.7642 is likely consolidation for the downtrend. Further decline could be expected after the consolidation and a breakdown below 0.7642 support could take price to 0.7600 zone. Resistance is now at 0.7700, only a break of this level could bring price back to 0.7760 zone.
“The national debt is currently higher than at any time in history outside of World War II and the years immediately after, and it is rising unsustainably. Moreover, recent tax and spending legislation have made a bad situation even worse.…. Spending under our baseline projections will rise from 20.8 percent of GDP in 2017 to…
Bank of New York Mellon Corp (NYSE: BK) trades at a P/E multiple of 13.0x, which is lower than the Financials sector median of 18.7x. While this makes BK appear like a stock to add to your portfolio, you might change your mind after gaining a better understanding of the assumptions behind the P/E ratio. In…
Overnight, we got the last trading in major markets of the quarter as Japanese, South Korean, and mainland Chinese equities all rose following Thursday’s mammoth gains on Wall Street. “Let’s get out of this quarter and take a breather,” PNC’s Rich Guerrini said, adding that “we need some market stability at this point and hopefully…
If you haven’t figured it out by now, sustainable, responsible and impact investments are truly the future. The old ways of Wall Street appear to be melting away as more investors are looking to be active in the selection of their selections of retirement funds and their impact on society. While sustainability is nice (and…
