Month: April 2019

An interview with billionaire investor and founder of GAMCO Investors, Mario Gabelli. In this interview, Mario explains how he thinks about investing and explains what his favourite investments are and why.? Books by Mario Gabelli are located at the bottom of the description❗ Like if you enjoyed Subscribe for more:http://bit.ly/InvestorsArchive Follow us on twitter:http://bit.ly/TwitterIA Other
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American Airlines reported its first quarter earnings Friday before the market open as the industry copes with the ongoing grounding of Boeing’s 737 Max jets. American Airlines shares fell more than 3% before the market’s open. Here’s what the airline reported, versus average analysts estimates compiled by Refinitiv: Adjusted earnings: 52 cents vs 51 cents
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Lockheed Martin delivered the best conference call to its shareholders out of the defense sector, CNBC’s Jim Cramer said Friday. The largest military contractor in the world, the Bethesda, Maryland-based manufacturer trounced analyst expectations on earnings per share, $5.99 versus $4.34, and revenue, $14.3 billion versus $12.6 billion. Raytheon, a major contractor for the U.S.,
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The cruise industry transported over 26 million customers last year and was worth upwards of $117 billion in 2017. All market projections show that the industry will continue to grow as operators continue to build new state-of-the-art ships with the latest in leisure opportunities. However, as nations strive to reduce their CO2 emissions and companies come under
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Hollywood icon Clint Eastwood‘s sustainable residential community in Carmel, California enters final phase. (Axelle/Bauer-Griffin/FilmMagic) Getty If you fancy golf, jazz, cars and the peaceful splendor of California’s picturesque central coast, Clint Eastwood is about to make your day. Again. Of the 60 purchased homesites, 30 Teháma homes have been built so far. Jason Speth/Courtesy of
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Chevron is scheduled to report earnings for the first quarter of 2019 before the bell. Here’s what Wall Street expects: Earnings: $1.30 per share, according to Refinitiv Revenue: $38.43 billion, according to Refinitiv Chevron’s performance in the Permian Basin and production forecasts for the Texas-New Mexico oil region will be in focus. The company announced
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Tuition-free college isn’t quite the holy grail of zero-cost higher education, but it’s pretty close. In all, about 20 states offer students access to tuition-free college, according to the Campaign for Free College Tuition. Of these, 11 offer what’s known as a promise program, typically funding two years of education at participating community college. They
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It’s easy to see why investors love utilities: Low volatility High yields But there’s a problem: recent scares like the inverted yield curve mean some utilities, and utility funds, have gotten ahead of themselves and are more prone to a pullback than most folks think. (The three 7%+-yielding closed-end funds (CEFs) I’ll show you shortly
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President Trump’s tax and regulation cutting spurred economic growth with quarterly GDP running at 2.8% over the past 9 quarters compared to 1.9% in Obama’s last 9. Data from the U.S. Bureau of Economic Analysis, chart by the Texas Public Policy Foundation The U.S. economy grew at a 3.2% annual rate in the first quarter,
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