WASHINGTON The Trump administration pitched a tax reform outline Wednesday that calls for big corporate rate cuts, a simpler tax code, and big increases in standard deductions a pricey package that could face an uphill climb in Congress.
“We have a once-in-a-generation opportunity to do something really big,” said Gary Cohn, director of President Trump’s National Economic....More>>>
A few weeks ago, we published an article that characterized Gilead (GILD) as a “Value Trap.” That article was a follow-up to an earlier article which used our work on Gilead as an example of how a solid conceptual framework could help investors make better decisions. Both of these articles were based on a 16-page valuation report on Gilead we published to our members in September, 2016.
DryShips Inc (NASDAQ:DRYS) issued its Q1 2017 Earnings Release on May 10th (“Earnings Release”) after the close and prior to the effectiveness of its previously announced 1:7 reverse stock split. It issued a follow-on press release on May 12th that presented per share financial information reflecting the reverse stock split. At March 31st, DRYS had 17 vessel acquisitions pending that....More>>>
Investors like FedEx’s (FDX) earnings. A lot. So much so that they’ve pushed its shares up 10.83% to $159.90 at 1:38 p.m. And if FedEx holds onto that gain it would be its biggest one-day move since Sept. 19, 2002, when it climbed 11.59%.
Christopher Dilts/Bloomberg News
Why the response? RBC’s John Barnes and team write that there’s “no weakness....More>>>
New York, NY, based Investment company Neville Rodie & Shaw Inc buys Oracle Corp, Quanta Services Inc, Flowserve Corp, PowerShares QQQ Trust Series 1, Energy Transfer Partners LP, Rio Tinto PLC, Bank of America Corporation, TransDigm Group Inc, FireEye Inc, Orex Minerals Inc, sells General Electric Co, The WhiteWave Foods Co, BankUnited Inc, National Oilwell Varco Inc, Pioneer Natural Resources....More>>>