U.S. equities notched fresh record highs on Thursday thanks to comments from President Donald Trump that specific tax reform plans — something “phenomenal” in his words — would be announced in the next two or three weeks. This single handedly revitalized the pro-Trump dynamic on Wall Street that had faded in recent days amid political bickering, a poorly received immigration....More>>>
Investors had plenty of surprises in November. Big gains by stocks during the month only added to the unexpected events.
The Standard & Poor’s 500 index rose 3.6% during November, an overdue change from what had been months of months of listless trading. But even more impressive were the 10 stocks in the index, including energy firm Marathon Oil (MRO), materials company Freeport-McMoRan....More>>>
With 2016 now in the books, investors can now look ahead for 2017. Market shifts are already underway, and the year’s economic waters remain uncharted as we look to the potential effects of the new administration. Most market analysts agree that 2017 will be another positive year for growth, but, as is typically the case, new developments often create new pitfalls and potential volatility....More>>>
This article discusses three Canadian Dividend All-Stars that are attractively valued at present levels. For US investors, these stocks are each conveniently listed on one of the major US exchanges. Take note thereof that all values are referenced in Canadian dollars unless the contrary is indicated or reference is made to the US ticker symbol. The Canadian Dividend All-Star list can be found here.
Costco Wholesale Corp. (NASDAQ: COST) released fiscal first-quarter earnings report after markets closed on Wednesday. The company posted $1.24 in earnings per share (EPS) and $28.1 billion in revenue. The consensus estimates from Thomson Reuters called for $1.19 in EPS and $28.3 billion in revenue. The same period of last year reportedly had EPS of $1.09 and $27.22 billion in revenue.