Author: Neha Gupta

The U.S Largest mortgage lender, Wells Fargo & Co (NYSE:WFC), opened the banking earnings season by posting a 4% profit growth but failed to beat previous quarter earnings for the first time in five years. The company’s chief financial officer, John Shrewsberry on Bloomberg said it was a great quarter for the company as revenue and net income continued to improve. The CFO is confident on the company posting a $5.7 billion net income for the quarter on revenue, loan and deposit growth with impressive credit ratings. “We put up a number of $5.7 billion on net income this morning on…

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Insider buying has remained high for some time taking into consideration weekly ratios and clearly highlighting its meaningfulness when compared to historical standards. General Electric Company (NYSE:GE), Dicks Sporting Goods Inc. (NYSE:DKS) and Opko Health Inc. (NYSE:OPK) are some of the stocks that have experienced increased levels of insider buying in the recent past. Minimal insider selling in a stock usually does not get the attention of investors but when the levels increase, it usually suggests optimism of stock prices growing, in the long run. “If you have a little insider selling that does not mean really anything, however if…

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Apple Inc. (NASDAQ:AAPL)’s iPhone future in China could be thrown into disarray, after the country’s State media alleged that the phone could be used for spying purposes. The state media highlighted the phone’s location tracking feature that it says can be used to gain access into the countries broader situation, as well as ‘State Secrets.’ “The country’s state-run TV station calling the smartphone’s location tracking feature a ‘National security Concern.’ It was even quoting research that said those with access of this location data could gain knowledge of the broader situation in China or even ‘State Secrets’,” said Fox’s Business…

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QUALCOMM, Inc. (NASDAQ:QCOM) received a major setback after Goldman Sachs Group Inc. (NYSE:GS) stripped it out, of its ‘Conviction buy list’ after a 17% run, consequently lowering its June-and September estimates citing lower than expected mobile phone demand. The biggest question on ‘Call of The Day’ on CNBC was whether it was time to take profits out of the company while awaiting to see the impact of the downgrade. Jon Najarian on his part said he believed the wrong doing in QUALCOMM, Inc. (NASDAQ:QCOM) comes; as a result, of two diverse focus, instead of shifting attention into one market that…

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The small cap space continues to experience the same challenges that it experienced at the start of the year. Credit Suisse, Lori Calvasina, in an interview on CNBC, believes the valuation in the space looks terrible consequently not buying into the dip.  In Contrast, Schaeffer’s Investment Research, Todd Salamone, picked Century Aluminum Co (NASDAQ:CENX) and Chesapeake Lodging Trust (NYSE:CHSP) as his best pick in the space. Calvasina reiterated the fact that, momentum in small cap stocks space can carry one in the short term, but also bring some damage in terms of valuation later-on. Another major concern in the space…

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A drop in energy prices is always exciting to end consumers as prices of goods and transportation are always guaranteed to drop; this, on the other hand, is never good news to stockholders in the energy sector according to CNBC’s Bob Pisani. A drop in prices in the recent days has seen energy stocks drop. Wells Fargo & Co (NYSE:WFC) on the other seems to excite Pisani despite being down for the past four consecutive trading sessions. It awaits to be seen what impact the financial results will have on Wells Fargo, considering it has not been performing well in…

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Speaking to CNBC on the recent news about a violet car crash that included a Tesla Model S, television car host Lauren Fix, who is also known as the ‘The Car Coach’, and Craig Irwin from Wedbush Securities discuss on the repercussions of such an event on Tesla Motors Inc (NASDAQ:TSLA). “If they (Tesla Motors Inc (NASDAQ:TSLA)) end up having problems like this with fires which is inherent with any vehicle, they need to show, whether it’s fair or not, if they may have taken really big beating with the consumer, because I don’t know, this was publicly announced everywhere,…

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The retail sector according to Domini Chu, on CNBC, has experienced both upswings and downswings this year. Some of the big winners according to the reporter are Michael Kors Holdings Ltd (NYSE:KORS) that is up by 12%, Kate Spade & Co (NYSE:KATE) up by 18% and Williams-Sonoma, Inc. (NYSE:WSM) at 24%. On the downside, the hard hits took: Coach Inc. (NYSE:COH) – down by 40%: Lululemon Athletica inc. (NASDAQ:LULU) – down by 32%, DSW Inc. (NYSE:DSW) at 35% in red and Container Store Group Inc (NYSE:TCS) is down 49%. Williams-Sonoma, Inc. (NYSE:WSM) is one of the top movers in the retail sector up…

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An alleged high-end prostitute has been charged in court on manslaughter and heroin possession, after being accused of causing the death of a Google Inc. (NASDAQ:GOOG) executive from heroine overdose. Reputation.com Founder and CEO, Michael Fertik, in an interview on Bloomberg has said the sudden death will not have any impact on the giant search engine company. Mr. Fertik has said that the pressure in Silicon Valley mounted on family pressure is becoming part of the world economies. “We have high-pressure executives who under pressure or whatever family constraints they may have are behaving in ways we might not be proud…

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The markets have had their own challenges resulting in pullbacks, but still, there is no signs of fear from investors according to UBS, Thomas Digenan, in an interview on CNBC. Big financial companies like Citigroup Inc. (NYSE:C) continue to face immense pressure in the market at the back of not being loved by the market or the federal government according to Mr. Digenan. Complacency continues to be the biggest challenge seen by the performance of Citigroup and the likes of Morgan Stanley (NYSE:MS) and JPMorgan Chase & Co. (NYSE:JPM) in the recent quarters. Mr. Digenan believes the market is trading…

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Taking care of an aging population has given rise to companies that provide the much needed care to the elderly.  Dominic Chu, on CNBC took notice of Emeritus Corporation (NYSE:ESC), Brookdale Senior Living, Inc. (NYSE:BKD), Gentiva Health Services, Inc. (NASDAQ:GTIV) and The Ensign Group, Inc. (NASDAQ:ENSG) as some of the stocks that have performed exceedingly well in the market over the past five years. On the real estate side of things, Emeritus Corporation (NYSE:ESC) takes the pole position as a top ‘boomers’ age stock that operates senior living centers for Americans. Emeritus shares are up by 50% this year alone, making…

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Digital transformation of the yellow pages has seen YP, giving the likes of Google Inc. (NASDAQ:GOOG), Yahoo! Inc. (NASDAQ:YHOO) and Yelp Inc. (NYSE:YELP) a run for their money in the lucrative sector. YP is still making its book because people are still using them evidenced by the fact that the company has fitted them with trackers that highlight their frequent usage. “We filled the book with call tracking numbers  we keep track of where the book is being used how it is getting used,” said, Mr. Darren Clark, Chief Technology officer at YP, in an interview on Bloomberg West with…

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