(Reuters) – U.S. stocks slipped on Tuesday after the latest retail sales data indicated rising inflation and pushed up Treasury yields, while trade worries lingered with no signs of progress in U.S.-China talks.
A friend of mine recently asked me over a couple pints of beer at my local pub, “So what’s your favorite book on investing, Nick?”
It was a simple question.
But I couldn’t help but give him a complicated answer.
A hardcore value investor might cite Warren Buffett’s favorite book, The Intelligent Investor, by Buffett’s mentor Benjamin Graham.
Fans of George Soros would recommend his classic, The Alchemy of Finance.
And Edwin LeFèvre’s Reminiscences of a Stock Operator may be the most popular book among pure speculators.
But for me… it’s hard to recommend a single book above all others.
That’s because I don’t believe that any …read more […]
Taro (NYSE: TARO) is a mid cap company that operates within the pharmaceuticals industry. Its market cap is $5 billion today and the total one-year return is -3.01% for shareholders.
Taro stock is underperforming the market. It’s beaten down, but it reports earnings soon. So is it a good time to buy? To answer this question we’ve turned to the Investment U Stock Grader. Our research team built this system to diagnose the financial health of a company.
Our system looks at six key metrics…
[iu-adbox]
✗ Earnings-per-Share (EPS) Growth: Taro reported a recent EPS growth rate of -86.85%. That’s below the pharmaceuticals …read more […]
Facebook shares slid as much as 2% Tuesday morning after it announced it had disabled 583 million fake accounts over the last three months. The 583 million disabled accounts is down from the 694 million accounts Facebook disabled in the fourth-quarter of 2016. Facebook also recently published a community standards report, finally releasing the full internal guidelines its content moderators use to police the social network. Facebook had 2.2 billion monthly active users in the first-quarter of 2018, according to its latest earnings press release. …read more […]
(Reuters) – Home Depot Inc on Tuesday missed Wall Street forecasts for sales at established stores, as an unusually long winter hit sales of springtime gardening products such as fertilizers and mulch.
No passengers were hurt, but the pilot who was partially sucked out of the plane had scratches and a wrist sprain. A co-pilot for Sichuan Airlines flight 3U8633 was partially sucked out of a plane on Monday after one of the front windshields busted open, according to Chinese media reports. …read more […]
HOUSTON (Reuters) – Shareholders of oil producer ConocoPhillips rejected a proposal at their annual meeting on Tuesday that would have linked executive compensation with U.S. accounting standards.
(Reuters) – Uber Technologies Inc [UBER.UL] on Tuesday became the second major company to scrap mandatory arbitration to settle sexual harassment or assault claims, giving victims several options to pursue their claims including public lawsuits.
WASHINGTON (Reuters) – U.S. retail sales rose moderately in April as rising gasoline prices cut into discretionary spending, but consumer spending appeared on track to accelerate after slowing sharply in the first quarter.
(Reuters) – Wall Street indexes fell on Tuesday as investors worried about a lack of progress in U.S.-China trade talks and Treasury yields rose after U.S. retail sales data indicated rising inflation.
(Reuters) – Tesla Inc’s Chief Executive Officer Elon Musk said production of its crucial Model 3 sedan is likely to exceed 500 vehicles per day this week, automotive news website Electrek reported on Tuesday.
Russian President Vladimir Putin drove a large construction truck Tuesday to road test the much-anticipated bridge linking southern Russia and the Crimean peninsula that Russia annexed from Ukraine in 2014. The 19-kilometer (11.8-mile) bridge, which took two years to build and cost $3.6 billion is Putin’s project to show that Crimea has joined Russia for good. Transportation links to Crimea deteriorated after both the Ukrainian and Russian militaries set up checkpoints into the peninsula and trains crossing the Ukrainian mainland were canceled. …read more […]
MENLO PARK, Calif. (Reuters) – The number of posts on Facebook showing graphic violence rose in the first three months of the year from a quarter earlier, possibly driven by the war in Syria, the social network said on Tuesday, in its first public release of such data.
(Reuters) – Wall Street opened lower on Tuesday on concerns over lack of progress in U.S.-China trade talks and investors assessing U.S. retail sales data that showed moderate gains last month.
Apple CEO Tim Cook talked about his closed-door meeting with President Trump in April in a new interview with Bloomberg. Cook said he told Trump his policies were “not the right approach to trade” and he showed him “some more analytical kind of things” to demonstrate why he was wrong. Apple CEO Tim Cook has broken his silence on what he and President Donald Trump talked about during a meeting in April. …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
