Toronto-Dominion Bank Shares Plunge Amid Scathing Retail Fraud Allegations
Toronto-Dominion Bank (NYSE:TD) shares were off as much as 4% on Friday, as allegations surfaced from several current and former employees of widespread pressure to meet sales quotas at any cost — including potentially lying to and defrauding customers.
Market Sentiment – Friday, March 10
The SPX is overdue for a correction. It showed signs this week that maybe the correction finally started, but the bounce today off the 20-day keeps the SPX within its uptrend that started the day after the election. Junk bonds took a beating this week. Generally, I find that weakness in junk bonds is not […]
E Should Lear Corporation Be In Your Portfolio?
Almost all of us use the products put out by the Lear Corporation on a daily basis. But should this stock be in your portfolio? Video Length: 00:06:12
Bitcoin Crashes Below $1000 After SEC Rejects ETF
After much anticipation (and a spike to record highs earlier today), The SEC has decided to reject the Winklevoss application for a Bitcoin ETF. The SEC premise appears to be the unregulated natuire of the underlying: Based on the record before it, the Commission believes that the significant markets for bitcoin are unregulated. Therefore, as the […]
Willis Lease Finance Reports 2016 Pre-Tax Profit Up 87.4% To $23.9 Million
NOVATO, Calif., March 10, 2017 (GLOBE NEWSWIRE) — Willis Lease Finance Corporation (Nasdaq:WLFC) today reported pre-tax earnings for 2016 of $23.9 million, up 87.4% from $12.8 million in 2015, on record revenue of $207.3 million.Net income attributable to common shareholders for 2016 was $13.8 million, or $2.05 per diluted share, compared to $6.5 million, or […]
Visualizing America’s Changing Energy Mix (1970 – 2030e)
Today’s chart plots data from the Energy Information Administration (EIA) to show America’s changing energy mix, along with their projected mix for 2030. It shows the total amount of energy used each year, along with energy use per capita. It then breaks down each year’s energy supply by source, which provides another way for us […]
Caterpillar Inc. Denies Breaking Any Tax Laws, Contrary To Report
Caterpillar Inc. (NYSE:CAT) on Friday denied it had engaged in any wrongdoing in respect to its federal tax requirements, responding to both a scathing report submitted this week by independent investigators and a recent raid on its corporate headquarters.
EC When To Trade Raw
With the exit of FXCM out of the US FX market, it looked like the last of the US raw price dealers was gone. Fortunately, Oanda stepped up to the plate and this week revealed that it will be rolling out raw pricing first for its FXtrade platform and then eventually for MT4. So I […]
Dillards: Undervalued Retailer. Get Paid To Wait
Overview: We will examine the reasons why Dillard’s stock is attractive and why value investors including, David Einhorn, have been buying. Dillard’s (NYSE: DDS ) encompasses numerous value metrics I require in an undervalued situation. Dillard’s has ample liquidity, low debt, positive earnings, low p/e, strong balance sheet, a large stock buyback program, strong cash […]
Using “Collective Intelligence” To Pick Startup Investments
Last year, a group of California scientists plunked down a $20 bet on the Kentucky Derby. The wager was on the “Superfecta,” which requires correctly picking the first-, second-, third- and fourth-place finishers. The odds of doing so are tiny, so the payout ratio is a whopping 540-1. Their $20 bet turned into $10,822 once […]
