Government Contractors to Lose Out on Shutdown Pay, Dragging Down Economy Huawei Targeted in U.S. Criminal Probe for Alleged Theft of Trade Secrets Gundlach Is Right About Junk Bonds And Stocks Jack Bogle Was Proud He Wasn’t a Billionaire JPMorgan…
Signature Bank Earned $2.94 per Share
Signature Bank (SBNY), a New York-based full-service commercial bank, today announced results for its fourth quarter and year ended December 31, 2018. Net income for the 2018 fourth quarter was $160.8 million, or $2.94 diluted earnings per share, compared with…
RIP: John C. Bogle
From the WSJ: Born in Montclair, N.J., on May 8, 1929, Mr. Bogle and his twin brother David arrived five months before the Great Crash that began that October wiped out much of their family’s wealth. Mr. Bogle delivered papers…
Eagle Bancorp Earns $1.17 per Share
Our first Buy List earnings report is out! Eagle Bancorp (EGBN) reported Q4 earnings of $1.17 per share. That beat estimates by three cents per share. For the year, Eagle made $4.42 per share. Long discussion from the CEO: “We…
Huge Deal: Fiserv Is Buying First Data
Fiserv (FISV) said it’s buying First Data (FDC) for $22 billion in an all-stock deal. This is a 22% premium to First Data’s closing price. Fiserv shareholders will own 57.5 percent of the combined company and First Data shareholders will…
Animal Spirits Episode 64: The Richest 50%
This week’s Animal Spirits with Michael & Ben is sponsored by YCharts: Mention Animal Spirits and receive 20% off your subscription price when you initially sign up for the service. We discuss: Is WeWork in trouble? How dominant was Sears before their downfall?…
Morning News: January 16, 2019
The Supreme Court Just Handed a Big, Unanimous Victory to Workers. Wait, What? Bigger Gold Companies Still Aren’t Glitterati Goldman Says Rich People Will Drag Down the U.S. Economy by Spending Less Netflix Raises Prices on All of Its Subscription…
Diversification is (Almost) Undefeated
A reader asks: Can this chart be updated easily? Also, are the stats similar for a 60/40 portfolio as they are for just the stock market? This scatterplot would also be cool to see redone with a balanced portfolio. The chart…
Sherwin-Williams Warns on Q4
This morning, Sherwin-Williams (SHW) said their Q4 earnings won’t be so hot. They’re expecting a sales increase of 2%. Earlier, they had been expecting something in the mid-single digits. Sherwin now expects full-year earnings of $18.53 per share (that excludes…
Morning News: January 15, 2019
China Is Losing The Trade War In Nearly Every Way German Growth Is Weakest in Five Years, in Latest Sign of Global Slowdown May Faces Worst Government Defeat in 95 Years in Brexit Vote German Court Throws Out Qualcomm’s Latest…