Thanks to a lingering legal issue and general weakness in the financial sector, investment banking giant Goldman Sachs (NYSE:GS) is trading for less than its book value for the first time since early 2016. While legal uncertainty can certainly be scary, at some point institutions like Goldman Sachs simply...
What happenedShares of Alibaba Group (NYSE:BABA) gained 13.1% in November of 2018, according to data from S&P Global Market Intelligence. The Chinese e-commerce giant set a new single-day sales record and continued to rise as the cumbersome trade tensions between Beijing and Washington appeared to relax a bit. So what The...
Wall Street had to deal with another sell-off on Thursday, with the Dow Jones Industrial Average dropping nearly 800 points before recovering much of its losses by the end of the trading session. A high-profile incident involving the arrest of Huawei CFO Wanzhou Meng threatened to derail the recently renewed...
In case you missed it, Saturday Night Live recently mocked Netflix's (NASDAQ:NFLX) spendthrift manner, joking that the company is "making every show in the world."Chief Content Officer Ted Sarandos took the jokes in stride at a recent investor conference, pointing out that Netflix is buying so much content because...
Optimism about U.S. trade relations with China following the G-20 meeting lasted only a day, after tweets by President Trump and the naming of hard-liner Robert Lighthizer as the lead negotiator highlighted the fact that no progress was actually made last weekend. The Dow Jones Industrial Average (DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) had...
What happenedShares of Denbury Resources (NYSE:DNR) plummeted in November, falling 32.9% for the month, according to data provided by S&P Global Market Intelligence. Driving the decline was a slump in oil prices as well as concerns about the company's pending merger with Penn Virginia (NASDAQ:PVAC), which overshadowed its stronger-than-expected third-quarter...
Investors do love their dividends. But the cruel truth of the dividend investing game is: The higher the dividend yield, the more risky it is. As many novice investors find out, it's easy to get lured in by a juicy yield, only to have the company's operating metrics deteriorate,...
Through the end of November, the S&P 500 is up 3.2% since the start of the year. If the recent selling continues -- stocks are down almost 6% since early October -- 2018 is on track to be the worst year for stocks since 2015. And between rising interest rates, some...
If you have children or grandchildren, the holidays come with a lot of pressure to dig deep for gifts. Many families have traditions of surrounding Christmas trees with presents, some of them lavish -- and while it's easy to tell an adult you plan to cut back this year,...
As parents, we're trained to save for certain expenses -- child care and college, to name just a couple. But there may come a point when your child decides to get married, and when that happens, you can't discount the possibility of being asked to help pay for that...