Category: Investments

Key Points WeWork’s stock surged by 62.15% on Tuesday, driven by extraordinary trading volume. Recent company developments include a reverse stock split and plans to negotiate leases to lower operating expenses. Despite the hype, WeWork may not follow the path of meme stocks like GameStop due to factors like low short interest, float structure, and...

ARM Holdings rise 25% in first day of trading, lifting hopes for equity markets Oil tears past $90 a barrel helping FTSE 100 ECB raises interest rates China Industrial Output Growth is better than expected following Beijing stimulus Lidl’s British stores swing to a loss, after lowering prices and spending on expansion ARM’s IPO “ARM...

For weekend reading, Gary Alexander, senior writer at Navellier & Associates, offers the following commentary: In the last 25 years, three events have haunted us, and they all share an anniversary this week, yet most of our attention this week may be focused on the 22nd anniversary of 9/11. That’s understandable from one perspective, but financial...

Gov. Glenn Youngkin signed a bipartisan state budget that, among other things, includes $1 billion in tax relief. The $1 billion in tax relief package, in turn, includes tax rebates from Virginia, raises the standard deduction, as well as reinstates the popular back-to-school sales tax holiday. One-Time Tax Rebates From Virginia Ended The Stalemate After...

Hunter’s Indictment Raises Major Legal Issues, Including Going Full NRA; Validity of Diversion Agreement, of Weiss’s Appointment, Selective Prosecution Hunter Biden’s Indictment Raise Several Legal Issues WASHINGTON, D.C. (September 15, 2023) – The indictment of Hunter Biden by Special Counsel David Weiss for three felony counts related to his purchase and possession of a firearm raise...

The data sourced in the article below is derived from Lipper’s Global Fund Flows application which may differ slightly from the Lipper US Fund Flow data due to timing and methodology. This new application can be found on LSEG Workspace. During LSEG Lipper’s fund-flows week that ended September 13, 2023, investors were overall net purchasers...

Key Points Enbridge is one of the world’s largest pipeline operators, partaking in transporting and storing crude oil, natural gas and liquids across the U.S. and Canada. Enbridge announced a deal to purchase three U.S. natural gas distribution utilities from Dominion Energy for $14 billion. Enbridge is a dividend aristocrat trading down 14% YTD at...

Key Points Dollar General is facing industry wide constraints such as a rough discretionary spending patch and the impact of organized theft. The company is positioning itself to grab more market share on the other side of the slowdown by moving forward with growth. Its stock is attractively valued and the dividend yield is up...

Almost half of private sector workers in the United States do not have access to employer sponsored retirement plans. This is one of the factors contributing to the large number of people who reach retirement age but have little to no retirement savings.  Some states have addressed these retirement savings gaps by introducing state-run auto-IRA...

Key Points Shell’s stock recently broke price resistance, surging above $63.69 in high-volume trading. The company’s CEO prioritized increasing the stock’s valuation, introducing a $3 billion share buyback program. Shell also announced a 15% dividend increase.  5 stocks we like better than Shell Shell plc (NYSE:SHEL) recently cleared price resistance above $63.69, trending higher in...