If you’re planning on filing your federal income tax return in the next few days, you’re not alone: statistically, about a quarter of all returns are mailed in the last week of tax season. No matter how close to the wire you get, as long as your return is postmarke
People protest in front of Ocwen's offices. (Photo by Joe Raedle/Getty Images)
Billionaire Secretary of Commerce Wilbur Ross spent nearly two years on Ocwen Financial's board of directors after selling Homeward Residential to the once soaring St. Croix, Virgin Islands-based mortgage servic
Snap Inc’s recent IPO gives us a golden opportunity to examine the tenets of value investing. To much fanfare, Snapchat (as I’ll refer to the company in the rest of this article) went public last week. During its first week of trading it jumped to a high of $28.84 and today is trading around $25 a share. That gives Snapchat a valuation of about $32 billion. (Update: Between writing this....More>>>
DELAFIELD, Wis. (Stockpickr) — Short-sellers hate being caught short a stock that reports a blowout quarter. When this happens, we often see a tradable short squeeze develop as the bears rush to cover their positions to avoid big losses. Even the best short-sellers know that it’s never a great idea to stay short once a bullish earnings report sparks a big short-covering rally.
About 10 days ago, I provided an update on the carnage for shares of DryShips (NASDAQ:DRYS). Shares continued to plunge following news of the fifth reverse split in 13 months, and I stated that things were likely to get much worse. Unfortunately for investors, shares continue to sink, and the com
On Friday February 17th after the market close, DryShips Inc (NASDAQ:DRYS) disclosed that it had filed a Prospectus Supplement ("Supplement") for the issuance of $200 million of common stock through Kalani Investments LTD ("Kalani"). In the press release DRYS described Kalani as
Carl Icahn, the billionaire investor who has been laying siege to corporate boards for decades, will be named special adviser to Donald Trump on overhauling regulations, according to a person familiar with the matter.
For years, Icahn considered himself the ultimate outsider, painting his r