Deutsche Bank’s Paul Trussell writes that Costco Wholesale (COST) is “still head & shoulders above the rest” despite a very tough environment for retailers. He explains why:
Costco’s stock has become a topic of debate in recent months as the post Visa (V) transition period has not yet led to sales lifting back in-line with historical trends.....More>>>
Toward the end of trading Tuesday, the Dow traded up 0.57 percent to 24,523.96 while the NASDAQ climbed 0.01 percent to 6,875.94. The S&P also rose, gaining 0.28 percent to 2,667.34.
Leading and Lagging Sectors
Tuesday afternoon, the telecommunication services sector proved to be a source of strength for the market. Leading the sector was strength from Zayo Group Holdings Inc....More>>>
The battle over net neutrality is about to heat up again.
Federal Communications Commission Chairman Ajit Pai on Wednesday said the commission will vote May 18 on a proposal to reverse the Open Internet rules passed two years agoby the FCC.
Those rules, which prevented Internet service providers (ISPs) from throttling or blocking content online, were passed by a Democrat-laden commission....More>>>
Warren Buffetts Berkshire Hathaway Inc. said fourth-quarter net earnings rose nearly 15%, boosted in part by the stock markets end-of-year gains.
Berkshires year-end results were released Saturday alongside Buffetts closely read annual letter to shareholders.
Berkshire Hathaway ....More>>>
Boston, MA, based Investment company Cambridge Trust Co buys iShares MSCI Emerging Index Fund, PayPal Holdings Inc, Ecolab Inc, Diamondback Energy Inc, Cisco Systems Inc, JPMorgan Chase, The Estee Lauder Inc, Becton, Dickinson and Co, National Grid PLC, Svenska Cellulosa AB, sells Exxon Mobil Corp, CVS Health Corp, American International Group Inc, O’Reilly Automotive Inc, Cognizant Technology....More>>>