Without key structural reform being implemented to the Turkish economy, the exchange of the Turkish Lira against the U.S. dollar could plunge to 8.00 by the end of 2018 according to a forecast by leading Nordic bank SEB. This would equate to 40% below the current level of the beleaguered currency.
The first appearance of asset allocation in literature appears to be from the year 500 A.D. The Babylonian text reads 'One should always divide his wealth into three parts: a third in land, a third in merchandise, and a third ready to hand.'
Tapestry Inc. (NYSE:TPR) delivered a beat on top-line and bottom-line expectations in the fourth quarter, driven by a slower than expected decline in Kate Spade – down 3% versus a 7.1% fall anticipated. The addition of Kate Spade provided a boost to the company’s results. A pullback on flash sales..
Wheaton Precious Metals (NYSE: WPM) released its second-quarter results on 14th August and conducted a conference call with analysts the following day. The company posted better than expected results, beating both earnings and revenue estimates, largely benefiting from a higher proportionate share..
NASCAR faced serious business challenges over the last year. Yet shares of the company which hosts the races appreciated roughly 30%. We can draw several important investing lessons.
The Financial Conduct Authority announces a collaboration with 11 other global regulators and government entities called the Global Financial Innovation Network an important next step in harnessing the benefits of innovation in financial services for consumers, while managing the potential harm.
Home Depot (NYSE:HD) knocked one out of the park in its second quarter, posting a beat of $450 million on revenues and $0.21 per share for earnings. The home improvement retailer delivered a comparable sales growth of an impressive 8%, versus a consensus expectation of 6.5%, and a company record...
During market turmoil, it is easy to want to sell. Yet, for disciplined investors with a long-term horizon, this is a good time to explore investments in emerging market Latin American and Asian banks.
Heavy equipment maker Deere reports earnings before market open on Friday, August 17. The stock has been lagging so far this year, although it’s still outperforming the SP 500 if you go back to the start of 2017. Here’s a look at what might be expected from tomorrow’s results.
We are hosting events across the country in our quest to understand the issues facing the over 50 market. We have gatherings that are informal with 5-10 people in attendance. Our next move is into public events where we can include more voices.
China Unicom, the second largest Chinese wireless carrier, published its results for the first half of 2018 on Wednesday, reporting a stronger than expected set of results
Cisco announced its Q4 fiscal 2018 earnings on August 15, reporting a 6% year-over-year increase in net revenues to $12.8 billion. This was the third consecutive quarter of revenue growth for Cisco after about two years of consistent revenue declines.
Passive vs Active? That is the never ending debate about how a portfolio should be managed. The passive camp argues that investors should buy and hold because the stock market has steadily rallied over the past 100 years and the returns match the benchmark you follow.
It looks like China and the U.S. are starting to talk again, and that seems to be the primary reason stocks got a lift in pre-market trading. Solid earnings from Wal-Mart also helped wash away some worries about the retail sector, and more retail earnings are on the afternoon calendar.
