When it come comes to this earnings season, the S&P 500 companies are expected to see profits drop by nearly 6%. It’s the top line of companies’ income statements that could actually be the biggest concern for all of us. Currently, third-quarter revenues are projected to fall to about 3.3%…
Much of the talk around Deflation these days is centered on the euro zone and parts of other emerging markets. However the bigger picture show the U.S. is dancing on the brink itself. It it wasn’t for a comparatively high inflation rate in the Western quadrant the truth is the U.S….
This Monday morning, U.S. stocks were little changed as investors braced for a very busy week of quarterly results from the major U.S. banks and several Dow 30 companies. Recap Health stocks were down after Eli Lilly (LLY.N) said it was not persuing an experimental heart drug. Shares of Lilly fell…
WASHINGTON (AP) It’s the only the third time in 40 years that millions of Social Security recipients which includes disabled veterans and federal retirees can expect to see no increase in benefits next year. This is really unwelcome news for more than one-fifth of the nation’s population. Why is this happening? They…
The number of people who filed for unemployment assistance in the US last week fell more than forecast, the US Department of Labor reported the number of individuals filing for initial jobless benefits last week fell to a seasonally adjusted 263K, from 276K in the previous week whose figure was…
Abbot Labs a Dividend Strategy. Buying dividends — the strategy of buying a stock for the sole purpose of collecting the quarterly dividend, then immediately selling after it has been paid — can be lucrative, but it requires excellent timing, as well as selectiveness about which stocks you target. Abbott,…