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How Billionth iPhone Sale May Not Be That Great for Apple

As Apple (NASDAQ: AAPL)reported its financial results for the third quarter of its fiscal 2016, it was also celebrating hitting a key milestone with its flagship iPhone. Its sales topped one billion this month. While it celebrated that monumental news, the market was digesting something that was unheard of when it comes to Apple – Continue reading →

Posted by Martin July 25, 2016

Hotels: Occupancy Rate on Track to be 2nd Best Year

From HotelNewsNow.com: STR: US hotel results for week ending 16 July The U.S. hotel industry reported mixed results in the three key performance metrics during the week of 10-16 July 2016, according to data from STR. In year-over-year comparisons, the industry’s occupancy decreased 1.4% to 77.5%. However, average daily rate was up 3.4% to US$128.12, Continue reading →

Posted by Martin July 24, 2016

All Eyes on Verizon, Yahoo! Next Week; $5 billion deal on tap

All Eyes on Verizon, Yahoo! Next Week; $5 billion deal on tap

Just over a year after buying AOL, Verizon Verizon (NYSE: VZ) seems poised to buy the last of the remaining Internet providers – Yahoo!. Word on the street is that the wireless service provider could announce its acquisition of Yahoo! next week. The price being bandied about is roughly $5 billion. The wireless giant has Continue reading →

Posted by Martin July 23, 2016

Relypsa Just Made a Move That Could Give AstraZeneca Pause

Last month we told you about Relypsa (NASDAQ: RLYP) a biopharmaceutical company that was enjoying being the sole provider of a drug used to treat hyperkalemia, a condition that causes life-threatening levels of potassium in a person’s blood. At the time we first reported Relypsa, we noted that the company’s stock was up and had Continue reading →

McKesson Juggling Series of Transactions as 1Q 2016 Earnings on Tap

McKesson Corp. (NYSE: MCK) is in the midst of key transactions that are intended to better position it to remain a leader in the healthcare services industry. While its efforts are admirable, concerns have been raised about one of them. Last week McKesson’s health solutions unit announced that it has expanded its portfolio to include Continue reading →

Calls to Break Up Big Banks Again Uncalled For

As Republicans gather for their National Convention this week, there is a brouhaha going on over the party considering resurrecting the infamous Glass-Steagall Act. The thought of the conservative party bandying about this liberal idea has many perplexed. Many are chalking up the Glass-Steagall Act talk as political fodder during this intensely charged election year. Continue reading →

Just When We Thought Ackman, Herbalife Tango Was Over

If you are still scratching your head as to whether or not Herbalife (NYSE: HLF) is a pyramid scheme, join the club. The Federal Trade Commission seemed to have reached a conclusion on the matter last Friday when Herbalife agreed to ante up $200 million as part of a settlement agreement with the agency. However, Continue reading →

Interest Rate Hike Still Not Expected Any Time Soon

Last week’s jobs report for June was unexpectedly high, leading to record highs for some stocks. While the economic indicator is important in measuring, investors should not bank on it being the sole reason to invest as a bear or bull, for that matter. There are particular sectors that could make for solid investments, including Continue reading →

Rosey Job Numbers Hide Some Disturbing Issues

Stocks surged on Friday after the better-than-expected jobs report came in for the month of May. However, in light of the dismal report released the month before in May, investors may be a little skittish in making sound investment decisions based on these reports. The number of jobs created during the month of June increased Continue reading →

NASCAR Track Owner Earnings On Tap; Declining Attendance Remains a Headwind

NASCAR Track Owner Earnings On Tap; Declining Attendance Remains a Headwind

The world got the chance to see NASCAR’s Sprint Cup drivers race at Daytona this July 4th weekend. On tomorrow, investors get to see how well the company that operates the renowned Daytona track performed financially over the last quarter. The Daytona track is owned by International Speedway Corp. (NASDAQ: ISCA). It reports its second Continue reading →