Wells Fargo gave CEO Tim Sloan a 5 percent increase in total compensation even as the bank struggles to recover from a series of scandals.
Fred Kornberg has been the CEO of Comtech Telecommunications Corp. (NASDAQ:CMTL) since 2016. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Third, we'll reflect on the total return to shareholders over three years, as a second measure of business performance.
Dow Jones futures tilted higher Sunday night, along with S&P 500 futures and Nasdaq futures. The current stock market rally is nearing record highs as Apple stock and Microsoft stock take charge. A Trump-Xi meeting to end the China trade war reportedly could be pushed back to June.
You might have heard that a top analyst who covers the cannabis industry picked Aurora Cannabis (NYSE: ACB) as the best marijuana stock on the market right now. You also perhaps have noticed that Aurora's share price has soared more than 90% so far in 2019. With the analyst's accolades and the powerhouse performance, you might be wondering if now is the time to buy Aurora Cannabis stock.
Once federal and state taxes are deducted, you're looking at, well, quite a bit less than $100,000.?However, depending on where you live, state taxes can take a much larger or smaller bite out of your biweekly paycheck, a study by GOBankingRates revealed. Check out this paycheck calculator data visualization of how much money you take home from $100,000 salary in each state, after state and federal taxes. Several U.S. states have no income tax: Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming.
The June 24 hearing will give the court more time to serve summons against two of three Goldman Sachs units at the center of the allegations. At a hearing in Kuala Lumpur on Monday, only the U.S. firm's Singapore unit was a respondent. Prosecutors have said they will seek criminal fines in excess of the $2.7 billion allegedly misappropriated from the bond proceeds, and the return of $600 million of fees received by Goldman.
NVIDIA is the market-share leader in selling graphics cards for PC gamers, while Electronic Arts is one of the leading game makers, known for its best-selling sports franchises Madden and FIFA. Here's why I think now is a great opportunity to buy these stocks. NVIDIA NVIDIA stock got hammered toward the end of 2018 over a significant slowdown in sales stemming from an oversupply of graphics cards in the gaming segment and a deceleration in data-center spending for graphics processing units (GPUs).
Most people think they're above average in intelligence, relationship status and professional achievement. Social scientists call this “illusory superiority.” My business partner Scott Puritz, has found the one area where even above-average people, objectively smart, rich, successful professionals, seem to wave the white flag and admit to not understanding — money and investing. “One of the most shocking things is the low-level financial literacy throughout our culture,” Puritz told the Washington Post.
The prospect of 5G is already paying off. Three exchange-traded funds pegged to the rise of fifth-generation connectivity, the next phase of wireless communications often referred to as 5G , are outpacing the S&P 500 so far in 2019. While the S&P 500 has gained over 12 percent this year, the Pacer Benchmark Data & Infrastructure Real Estate ETF, the ALPS Disruptive Technologies ETF DTEC and the Ark Fintech Innovation ETF ARKF have all managed to top its run.
The week of bad news actually started March 8 with a proposal from U.S. senator and presidential candidate Elizabeth Warren to break up the company. Then there was the longest-ever outage of Facebook's social network and services, which almost overshadowed news of a criminal investigation into its data agreements with other companies. Facebook's technical glitch was resolved just in time for it to post the departure of two key executives, including the one closely linked with the company's most iconic product.
Georgia Republican Rep. Doug Collins says that former Attorney General Loretta Lynch told former FBI Director James Comey to consider Hillary Clinton email scandal a 'matter' not an investigation.
Investors will at long last understand how much legal marijuana Tilray Inc. can actually sell. After Canada legalized pot Oct. 17, Tilray reported third-quarter earnings that included roughly two weeks of bulk shipments to provincial authorities — but Tilray said it hadn't sold any recreational cannabis. Chief Executive Brendan Kennedy said in the November conference call the fourth quarter would change that and when the company reports earnings after the closing bell Monday, investors will finally learn how much of a change actually occurred.
Micron Technology Inc. faces a lowered bar for its quarterly results, but will need to show signs of a turnaround in the memory chip market later to avoid yet more concerns. The Boise, Idaho-based chip maker has had to contend with its own success after booking record sales in its most recent August-ending quarter as vendors scrambled to stock up on DRAM and NAND memory chips while prices were on the rise. DRAM, or dynamic random access memory, is the type of memory commonly used in PCs and servers, while NAND chips are the flash memory chips used in USB drives and smaller devices such as digital cameras.
After Hours Trading: Here's What It Is And Why It Can Help You In The Stock Market
In addition, the company's guidance for $835 million to $855 million of revenue in fiscal 2020 fell far short of the $965 million that Cloudera projected in its S-4 merger document last fall. While the headlines look bad, there's an awful lot of noise going on beneath these numbers, mostly involving accounting issues surrounding the integration of Hortonworks, which officially merged with Cloudera on Jan. 3. Sales disruption expected over the next two quarters and an accounting change are throwing off this year's numbers quite a bit.
Our calculations also showed that MSFT is the number one stock among the 30 most popular stocks among hedge funds. Why do we pay any attention at all to hedge fund sentiment? Our research has shown that hedge funds' large-cap stock picks indeed failed to beat the market between 1999 and 2016.
Oracle Corp. shares fell more than 3% in premarket trade Friday, after the enterprise software company topped Wall Street estimates again amid a wave of stock buybacks. On the conference call, Co-Chief Executive Safra Catz said she expects a 3-cents-a-share currency headwind, resulting in expected adjusted earnings of $1.05 to $1.09 a share, on revenue that's from 2% lower to flat, or $11.03 billion to $11.26 billion. Adjusted earnings were 87 cents a share, compared with 83 cents a share in the year-ago quarter, largely because of share repurchases: At the end of the third quarter, the company had 3.62 billion shares outstanding, compared with 4.12 billion in the year-ago quarter.
Right now, American Express (NYSE: AXP) and Wells Fargo (NYSE: WFC) represent incredibly good value for long-term investors. Moreover, the two made up more than 19% of the Berkshire equity portfolio at the start of the year. Combined, they were worth more than $34 billion to Berkshire.
Our calculations also showed that AAPL is also among the 30 most popular stocks among hedge funds though it isn't in the top 5. In the financial world there are a large number of tools investors have at their disposal to grade stocks. A pair of the most under-the-radar tools are hedge fund and insider trading indicators.
Oil and gas companies in the U.S. have unleashed a torrent of production that has overwhelmed much of the nation's existing midstream infrastructure. One company racing to solve this logistical issue is Enterprise Products Partners (NYSE: EPD). The company currently has several export terminals under construction and in development, which will help move the continued flood of production to world markets.
On target to achieve an annual production run rate of 75,000 kilograms of marijuana by the end of Q3 From CEO Michael DeGiglio's remarks: [B]y the end of April, all quadrants -- the entire facility -- will be licensed [for cultivation] and producing. And we had mentioned previously that we felt we could be on a run rate by the beginning of the third quarter [of] 75,000 [kilos per year]. W]e're right on [target].
Let's face it: Marijuana is a commodity. Actually, three marijuana stocks appear to be in great shape to stand out from the pack for a long time to come. You could even say that Canopy Growth (NYSE: CGC), Cronos Group (NASDAQ: CRON), and Scotts Miracle-Gro?(NYSE: SMG) have a killer advantage.
The legalization of recreational cannabis in Canada, along with 33 U.S. states having now given the green light to weed in some capacity, has made the industry highly desired by Wall Street and investors. The previous year was also filled with partnership announcements. The cannabis space witnessed a number of deals during and following the summer, including multiple partnerships that'll likely lead to nonalcoholic cannabis-infused beverages hitting Canadian dispensary shelves by hopefully no later than this coming October.
Long term Texas Instruments Incorporated (NASDAQ:TXN) shareholders would be well aware of this, since the stock is up 135% in five years. Also pleasing for shareholders was the 17% gain in the last three months. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.
As Boeing Co. works on damage control, Wall Street's best-case scenarios for the aircraft maker is for a relatively short 737 Max grounding, no lengthy delivery halts, and no major redesign for the plane, the best-selling commercial jet of all time. Hundreds of Boeing (BA)?Max jets around the world are grounded after a second fatal crash in less than five months involving one of the models. Investors and analysts are still evaluating the financial implications for Boeing, assessing the importance of the plane for its bottom line, and reviewing the company's deep cash reserves.
Separate fires broke out at Exxon Mobil Corp. s Baytown refinery and Intercontinental Terminals Co.'s Deer Park facility over the weekend. ITC Deer Park reported its fire at 1943 Independence Parkway broke out around 10 a.m.