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The computer software company tops analysts on adjusted earnings and revenue Continue reading......
Oil prices inched lower on Wednesday morning after the EIA reported an inventory build across the board...
If you're interested in VSE Corporation (NASDAQ:VSEC), then you might want to consider its beta (a measure of share......
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the......
(Bloomberg Opinion) -- Local news is in steep decline. A recent report from Pen America finds that the U.S. has lost more than 1,800 newspapers since 2004. The consequences include a decline in civic engagement and an increase in corruption. The report mentions how government officials in Bell, California, a city without a newspaper, were able to get rid of caps on their salaries and loot the public treasury.The report offers recommendations for philanthropists, tech companies, news outlets, governments and consumers who want to reverse the trend. But it cautions that there is no panacea. One of its ideas, though, may inadvertently move in the wrong direction.Pen America’s first suggestion for the government is that the Federal Communications Commission “restore pre-2017 regulations governing the ownership of TV stations, radio stations, and newspapers to prevent further consolidation and homogenization in local news media.” This move could backfire – and in one recent...
(Bloomberg) -- There will be no happy holiday for retailers this Thanksgiving, according to traders of exchange-traded funds.Short interest in State Street Corp.’s SPDR S&P 500 Retail ETF, ticker XRT, has climbed to the highest since 2017, according to Markit data that calculates positions as a percentage of shares outstanding. XRT’s returns have lagged behind the S&P 500 Index by more than 16 percentage points this year, and traders are ready for lackluster shopping on Black Friday to deliver more pain.It’s easy to see why: Brick-and-mortar stores are struggling to adapt to a world in which more and more shopping is done online, while a mixed bag of third-quarter earnings has further undermined the sector’s appeal in recent weeks. Some are now looking to capitalize on that weakness.“Investors may have shorted the ETF due to weak apparel sales and the retail shift to e-commerce,” said Edward Yruma, an analyst at KeyBanc...
Today we are going to look at Richelieu Hardware Ltd. (TSE:RCH) to see whether it might be an attractive investment......
