Defense major Lockheed Martin Corp. (LMT – Analyst Report) received three contracts from the U.S. Department of Defense worth nearly $626.3 million. The largest among the three contracts is worth $492 million, awarded by the U.S. Navy to provide non-air vehicle spares, support equipment, Autonomic Logistics Information System hardware and software upgrades, supply chain management, full mission simulators and non-recurring…
The last ten years’ progress in biotechnology and medicine has outpaced the previous ten years significantly. The same thing is true of the ten years prior to that ten years. The next ten years, it’s safe to say, will see greater progress than any other period in history. Powered by exponential advances in the biological…
Recently we posted the following article commenting on the impact of USD appreciation and dollar circulation among oil exporters, as well as how the collapsing price of oil is set to reverberate across the entire oil-exporting world, where sticky high oil prices were a key reason for social stability. Following today’s shocking OPEC announcement and…
Recently we posted the following article commenting on the impact of USD appreciation and dollar circulation among oil exporters, as well as how the collapsing price of oil is set to reverberate across the entire oil-exporting world, where sticky high oil prices were a key reason for social stability. Following today’s shocking OPEC announcement and…
Afraid you won’t have enough to retire comfortably? You’re not alone, and a debt-fueled lifestyle is often a big part of the problem. As the 2014 EBRI Retirement Confidence Survey notes: Fifty-eight percent of workers and 44 percent of retirees report having a problem with their level of debt. Furthermore, 24 percent of workers and…
There were two developments today that are important for investors to know about before the markets open on Friday to close the month. First, and most importantly, the results of the OPEC meeting are the most negative outcome for prices. OPEC, which over-produced in October, decided to roll-over the existing quota 30 mln barrels a day….
Stock buybacks are always a good thing… right? That’s what the mass media has trained investors to believe, but there are times when stock buybacks are a horrible strategy. Let’s take a look at Herbalife (HLF), which has had very visible news items as billionaires like Carl Icahn, George Soros, Daniel Loeb, and Bill Ackman…
“How could it happen, Grandad?” The old man’s eyes misted over as he looked down at his grandson, who sat at his feet, his young eyes alive with questions as he turned the heavy gold bar over in his hands. ”I’ve told you the story too many times to count,” said the man, half-pleading, but…
Investing Daily Article of the Week by Richard Stavros With more and more utilities trading at premium valuations, now is the time for investors to diversify their portfolios into the sector’s higher-quality names. That’s my conclusion after attending the Edison Electric Institute Financial Conference last week, an annual event hosted by the association of investor-owned…
Have your ever wondered what dark pools are? Let Lee Munson, Chief Investment Officer of Portfolio Asset Management tell you in about a minute. Video Length: 00:01:29
