Western Digital: “Nuclear Fallout” From Toshiba’s Chip Unit Sale
Shares of Western Digital (WDC) continued to feel the pain from Toshiba’s (6502.JP/TOSYY) $17.8 billion deal to sell its flash memory chip business to a consortium led by Bain Capital that includes rival Seagate Technology (STX). Shares of Western Digital (WDC) continued to feel the pain from Toshiba’s (6502.JP/TOSYY) $17.8 billion deal to sell its flash memory chip business to […]
A Tale Of 4 IPOs: Facebook, Alibaba, Snap And Square
Here’s one simple lesson to be learned from the initial public offerings of Facebook (FB), Alibaba (BABA), Snap (SNAP) and Square (SQ): Big-buzz IPOs don’t always live up to the hype – at least not at first. Buying a stock right when it has an IPO is a high-risk proposition, regardless of how convincing the hype may seem. Facebook, Alibaba, Snap and Square […]
Wall Street wants GM to break itself up — but that could be a big mistake
general motors (GM headquarters in Detroit.Bill Pugliano/Getty Images) • Morgan Stanley continues to press for GM to spin off aspects of its business. • GM has a bad history with spinoffs. • GM owns its current strategy and doesn’t need to follow Wall Street’s lead. At some point in the past five years, Wall Street […]
What if the ‘retirement crisis’ has been exaggerated?
How real retirees make retirement work Shutterstock – The simple formula for a happy retirement. Every year, there is a new story of the scary “retirement crisis” facing our country. It makes you wonder how real retirees are making retirement work. Have they run out of money, or somehow, are they managing to get by? To […]
Why you might trade your wired internet connection for your phone
You could kill your wired internet connection for your phone’s wireless connection. (Reuters) More Even with recent improvements, competition remains weak in wired broadband — for many Americans, it’s the local cable company or slow, phone-line-based DSL. But if you need mobile broadband for a smartphone or tablet, you’re blessed with four nationwide carriersyearning to earn your […]
Why the tech industry is worried about a bill targeting sex trafficking
Photo: Bloomberg More It’s hard to think of a tougher policy sales pitch for the tech industry than its argument against a bill called the Stop Enabling Sex Traffickers Act (SESTA). Advocates for it have a simple request: Do something to stop the plague of online sex trafficking! Opponents are stuck with a more nuanced request on […]
Google Chrome is about to warn you even more about insecure sites
Later this month, your Chrome browser may make you more nervous online. But you should consider that a feature, not a bug. Unfortunately, other browsers aren’t as proactive about the security of the link between your screen and a site, even if they do better at protecting other aspects of your privacy. Snooping alert The […]
Why now is an ‘ideal time’ to buy European stocks — and especially banks
Europe’s Stoxx 600 is 7 percent up since the start of the year, but analysts believe that there’s further room to go. Improved fundamentals and attractive valuations for stocks are seen as key reasons why investors should continue to focus on the continent Stocks in Europe still have room to push higher in the next […]
Investors should get hooked on tobacco stocks’ earnings growth and pricing power, MSIM writes
Tobacco companies seen compounded earnings growth of 7% a year over the past decade, per Morgan Stanley Investment Management data Getty Images Tobacco stocks have amassed a mixed record thus far in 2017, and the Food and Drug Administration’s July announcement that it would lower the nicotine levels in cigarettes to nonaddictive levels was seen as adding […]
Options Traders Expect Huge Moves in Morgan Stanley (MS) Stock
Investors in Morgan Stanley MS need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 6, 2017 $39.50 Put had some of the highest implied volatility of all equity options today What is Implied Volatility? Implied volatility shows how much movement the market is expecting in […]