Category Archives: Penny Stocks

[ October 20, 2014 | Author: admin | Views: 5821 | Weather: | Mood: normal]

Warren Buffett’s Berkshire Hathaway has a big bounce in second quarter profit. NEW YORK (CNNMoney) Warren Buffett’s billions keep billowing. His company, Berkshire Hathaway (BRKA), said Friday that its profit grew by nearly $2 billion in the second quarter. The company, a broad-based investment conglomerate that includes diverse names like Geico Auto Insurance, Burlington Northern Santa Fe Railway, Dairy Queen, Benjamin Moore, Fruit of the Loom, Heinz, and See’s Candies, earned a profit of nearly $6.4 billion, up from $4.5 billion during the same period last year. In the first quarter, Berkshire’s railroad operations took a hit from the extreme winter weather that hit much of the nation.   The kid who got the Buffett/McCartney pic As the nation’s housing market has shown signs of improvement, many of the related companies that fall under Berkshire Hathaway’s umbrella saw good results. Top 10 Railroad Companies For 2015: First Solar Inc.(FSLR) First … Continue reading

[ October 20, 2014 | Author: admin | Views: 59968 | Weather: | Mood: normal]

Popular Posts: Take Your Profits Now: 5 Energy Stocks To Trim in 20145 REIT ETFs to Buy Now for Big Income3 Stocks to Power Your Portfolio With Canadian Oil Sands Recent Posts: The 3 Best Coal Stocks to Buy Now BP Scores a Hat Trick of Deals and Discoveries XOM and SLB – Your Best Ways to Play a Mexico Oil Boom View All Posts It hasn’t been the best couple of years for investors in coal stocks. 5 Best Oil Stocks To Buy Right Now: EQT Midstream Partners LP (EQM) EQT Midstream Partners, LP owns, operates, acquires and develops midstream assets in the Appalachian Basin. The Company provides substantially all of its natural gas transmission, storage and gathering services under contracts with fixed reservation and/or usage fees. The Company focuses its operations in the Marcellus Shale fairway in southern Pennsylvania and northern West Virginia. It provides midstream services to … Continue reading

[ October 20, 2014 | Author: admin | Views: 31494 | Weather: | Mood: normal]

Click the chart for more stock market data. NEW YORK (CNNMoney) The S&P 500 is once again close to a record high, as investors welcomed the withdrawal of Larry Summers from the race to become next chairman of the Federal Reserve. The blue chip index rose 0.6% Monday, ending just below the 1,700 mark. Earlier in the day, the broad index was just a handful of points below its all-time peak of 1,709 from the beginning of August. The Dow Jones industrial average rose 0.8%, while the Nasdaq ended in the red, as a drop in shares of Apple weighed on the tech-heavy index. Bond investors were elated too. The 10-year Treasury yield fell to 2.87% as investors rushed to buy long-term bonds. The dollar sold off against major currencies — including the euro and the British pound. Top Blue Chip Companies To Invest In Right Now: International Business Machines … Continue reading

[ October 20, 2014 | Author: admin | Views: 67741 | Weather: | Mood: normal]

Charles Schwab (SCHW) reported a 17% jump in third-quarter profits to $290 million on Tuesday, while its earnings of $0.22 per share topped Wall Street estimates by $0.02. Its revenue jump of 15% to nearly $1.4 billion represented a 13-year record for the firm. Plus, the firm says it anticipates sales growth to outpace costs by 3%-5% next year. The company’s client results “supported double-digit percentage increases in all three of our main revenue sources and 15% overall revenue growth versus the year-ago quarter,” according to CEO Walt Bettinger. “Even with the continued headwind created by an interest rate environment that remains at historic lows, our third-quarter revenues surpassed all our prior quarterly results save the extraordinary spike we experienced at the height of the Internet bubble,” Bettinger said in a statement. In the second quarter, the brokerage group saw its sales rise just 4% to $1.34 billion, while expenses … Continue reading

[ October 20, 2014 | Author: admin | Views: 17035 | Weather: | Mood: normal]

In the past month, the budget tablet segment experienced a new round of price cuts by major manufacturers. Barnes & Noble (NYSE: BKS  ) initiated this new price war as the company dramatically slashed the prices of its soon-to-be-discontinued Nook HD and Nook HD+ tablets to clear inventory. Other vendors such as Amazon.com (NASDAQ: AMZN  ) and Hewlett-Packard (NYSE: HPQ  ) have followed suit with more modest price reductions. Margins are already very thin for tablets, with the exception of Apple’s iPad. The most recent round of price cuts could mean that the vendors are selling these tablets at a loss to gain market share. At some point, investors could reasonably wonder whether there is any point to competing in this market. The non-Apple tablet market has already become fully commoditized, with relatively unknown Chinese vendors offering tablets with specifications equal to the top Android tablets at very low price points. There may … Continue reading