Wealth Creation Investing

Creating Wealth One Investor At A Time

Buy Amazon on 'dominant leadership' in e-commerce and cloud, Nomura says

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This article was originally published on this site Nomura initiated coverage of Amazon with a buy rating on the prospect of strong growth in the e-commerce and cloud computing markets in coming years. “Amazon is positioned to be the foremost beneficiary of two of the most important secular trends in the global economy,” analyst Anthony […]

Equities Are Going Down – Or Is That Up? – Seeking Alpha

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This article was originally published on this site The U.S. Federal Reserve Bank and the Bank of Japan made dual announcements about their respective monetary policies, within hours of each other, to what seemed to be the breathless global masses — then, nothing. Yes, both equities and gold rose (1.2% and 1.8%, respectively), but the […]

Norway Wealth Fund Rejects Call to Boost Emerging Markets Bet – Bloomberg

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This article was originally published on this site Norway’s $890 billion wealth fund shrugged off a call to increase emerging market investments after it over the past four years built up a position of about 10 percent in the world’s fastest growing economies. “There are limits to such an allocation,” Egil Matsen, the deputy governor at […]

BlackBerry jumps 3% after better-than-expected quarter, CFO departure

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This article was originally published on this site Shares of BlackBerry jumped more than 3 percent Wednesday after the company posted better-than-expected earnings. The company also announced the departure of its chief financial officer, James Yersh. The telecommunications company said it broke even for the fiscal second-quarter on revenue of $352 million. Analysts expected a […]

Takeover for 'deteriorating' Twitter unlikely, stock to drop 37%, Mizuho says

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This article was originally published on this site Mizuho Securities downgraded Twitter to underperform on Wednesday, citing stretched valuations and saying it’s not clear the social media company will be acquired. “We are skeptical of these potential business combinations and believe that the stock is overvalued as business fundamentals have deteriorated significantly over the past […]

WCI Newsletter for September 28, 2016

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This article was originally published on this site Stock Of The Day: Buy or Sell? Motorola (MSI) is a Buy Chart for MSI Risk levels may be somewhat lower than normal. Top ETF Winners GASX at $33.51 (+8.8%) DWTI at $85.72 (+7.34%) DRIP at $26.62 (+6.86%) Top ETF Losers GASL at $38.46 (-8.73%) GUSH at […]

Eaton Vance Investment Counsel Expands Team – PR Newswire (press release)

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This article was originally published on this site BOSTON, Sept. 28, 2016 /PRNewswire/ — Eaton Vance Investment Counsel (EVIC), a subsidiary of Eaton Vance Corp., announced today the appointments of Lawrence T. Gingrow, III, who joined as Vice President and Director of Wealth Planning in May, and Matthew S. Morse, CFA, who joined as Vice President and […]

Small army of Fed speakers, OPEC on tap for Wednesday

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This article was originally published on this site A flurry of Fed speakers, including the Fed chair, will keep markets busy Wednesday. There are also mortgage applications at 7 a.m. EDT, durable goods data at 8:30 a.m. EDT and oil inventory data at 10:30 a.m. EDT. OPEC, meanwhile, is meeting in Algeria and could continue […]

Early movers: NKE, WFC, DB, T, TPX, & more

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This article was originally published on this site Check out which companies are making headlines before the bell: Nike — The athletic footwear and apparel retailer reported quarterly profit of 73 cents per share, 17 cents a share above estimates. Revenue also beat forecasts, but the shares are under pressure as Nike reports future orders […]

BTIG Continues Expansion of Institutional Equities Coverage Team with Mark Corcoran – Business Wire (press release)

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This article was originally published on this site NEW YORK–(BUSINESS WIRE)–BTIG, LLC announced today that Mark Corcoran, Managing Director, has joined the firm’s Institutional Equities Group. Based in New York, he will report to Richard J. Blank, Jr., Managing Director and Head of Global Equities, at BTIG. With 20 years of industry experience, Mr. Corcoran […]