Deutsche Bank’s Jorge Beristain and Chris Terry released their earnings preview for the gold miners–including Barrick Gold (ABX), Goldcorp (GG), Franco-Nevada (FNV), and Coeur Mining (CDE)–and conclude that only one gold miner deserves a Buy rating: Newmont Mining (NEM). They explain why:
During 2Q16, the gold price averaged $1,255/oz, a $71/oz (6%)....More>>>
Small cap insurance software stock Ebix Inc (NASDAQ: EBIX) reported Q1 2017 earnings before the market opened this morning. Q1 revenue rose 11% to $79.1 million and decreased 1% over Q4 2016 revenue of $80.0 million. The year over year revenue improvement reflected growth in the Companys Exchange, Risk Compliance, and Broker Solution channels. On a constant currency basis, Q1 revenue increased 10%....More>>>
If Republican efforts to repeal and replace Obamacare are successful, one of the biggest winners would be the wealthy.
The Senate’s bill — released this week — differs in key ways from the House-passed version. But proposals eliminate the taxes imposed on high-income Americans to help pay for an expansion of health benefits under the Affordable Care Act. The legislation....More>>>
Last week’s shock ban on India’s two biggest banknotes came at a particularly bad time for anyone getting married.
The country’s wedding season reaches its peak this month and next, and most are paid for in cash. Tough limits on withdrawals of new 500 and 2,000 rupee notes were causing havoc.
Now there’s relief for millions of happy couples: The government....More>>>
10 Best & Worst Broker-Dealers: Q2 Earnings, 2017
Why Do the Pundits Hate Annuity Commissions?
Galvin Slams SEC’s Piwowar Over Anti-Fiduciary Rule Comments
The Securities and Exchange Commission said Monday that it has charged four former Atlanta-area brokers with fraudulently inducing federal employees to roll over holdings from their federal Thrift Savings Plan....More>>>