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California building explosion investigated as intentional

An explosion that rocked a Southern California medical building, killing the owner of a day spa and seriously injuring two patrons, is being investigated as a crime after federal officials found remnants of an explosive device inside the spa, officials said Wednesday. The explosion occurred Tuesday in Aliso Viejo, about 50 miles (80.5 kilometers) south of Los Angeles. “At this point, we do not believe this was an accident,” said Paul Delacourt, special agent in charge of the FBI’s field office in Los Angeles. …read more […]

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Senate Democrats Win Net Neutrality Vote With Help of Three Republicans

Senate Democrats won a vote to preserve net neutrality regulations, a victory for a measure that still faces obstacles to becoming law but could appeal to young voters and boost the party in mid-term elections. The Senate voted 52 to 47 with three Republicans joining all the Democrats and independents, in favor of a resolution to eliminate the Republican-led Federal Communications Commission’s December gutting of earlier rules passed by Democrats. The Senate measure needs to win a vote in the House where Republicans have a larger majority, and to get a signature from President Donald Trump, who supports …read more […]

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Amazon Brings Its Cross-Border Ambitions to Alibaba’s Backyard

Amazon.com Inc. is bringing its competition with Alibaba right to the Chinese e-commerce giant’s backyard. In the coming weeks, Amazon will host an event in the city of Hangzhou — Alibaba’s hometown — to connect online merchants with 400 Chinese manufacturers keen to sell electronics, car parts, home goods and more directly to American and European consumers. Amazon experts will provide insights into buying trends so merchants can stock up for the 2018 holiday season, according to an invitation reviewed by Bloomberg. …read more […]

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Eaton Vance Stock Price and Research (NYSE: EV)

Eaton Vance (NYSE: EV) is a mid cap company that operates within the capital markets industry. Its market cap is $7 billion today and the total one-year return is 29.16% for shareholders.

Eaton Vance stock is beating the market, and it reports earnings soon. But does that make it a good buy today? 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…

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✗ Earnings-per-Share (EPS) Growth: Eaton Vance reported a recent EPS growth rate of 23.64%. That’s below …read more […]

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Buffett Beats the S&P 500… and Top Money Managers

“You can win a horse race, but you can’t beat the races.”

– Jesse Livermore

“It is easy to determine that Warren Buffett’s performance was due to his skill in picking stocks. But for more mortal portfolio managers, it is extremely difficult to determine with any degree of confidence whether the superior returns of money managers are due to skill or luck.”

– Jeremy “The Wizard of Wharton” Siegel
At Berkshire Hathaway’s annual shareholders meeting this year, Warren Buffett reported on a 10-year, $1 million bet he had with a group of hedge fund managers.

Protégé Partners chose five top money managers who it argued …read more […]

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Israel, Palestinians spar over new Jerusalem embassies

Israel celebrated the opening of Guatemala’s new embassy in Jerusalem on Wednesday as the Palestinians, infuriated by the relocation of the U.S. Embassy to the contested city, recalled their ambassadors to four European countries that had supported the move. Israel has been buoyed by the new Jerusalem missions, which have infuriated the Palestinians. The opening of the U.S. Embassy on Monday was met with mass protests on the Gaza border, where Israeli troops killed nearly 60 Palestinians, triggering a wave of international condemnation. …read more […]

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Porsche 911 Speedster spied testing with new GT3

The last Porsche 911 Speedster was a limited-production special that marked the end of the 997-generation 911. We’ve seen spy photos of that car’s follow-up a few times by now, each revealing a little bit more than the last. From what we can tell, the new model is essentially a drop-top version of the 991.2 Porsche 911 GT3, 500 horsepower naturally-aspirated flat-six and all. …read more […]