Author: super@dmin
-
Papa John’s will likely be sold in the next year, analyst says
Getty Images Papa John’s is a rare acquisition opportunity, according to one analyst. Embattled pizza chain Papa John’s International Inc. will probably be bought out in the next year, forecasts Kalinowski Equity Research President Mark Kalinowski. The Wall Street Journal reported Monday that Trian Fund Management LP is assessing a possible takeover bid, sending shares…
-
A VC-backed startup thinks it can take a fresh approach to rent-to-own
Divvy Homes The landing page for San Francisco-based startup Divvy Homes, which says it’s trying to be a “modern rent-to-own” company. Divvy Homes wants to change the way you buy your home. It also wants to change the way you rent your home. And in the process, it wants to change one of the housing…
-
America’s youngest working generation could become an economic powerhouse
The U.S. would earn $55 billion more in taxes if one particular generation worked. If the 4.6 million members of Generation Z — those born in the mid-1990s to early 2000s — who aren’t working or in school joined the workforce, they’d each generate $11,900 per year in federal tax revenue, according to a study…
-
Bond Report: 10-year U.S. Treasury yield retreats from 3.25% level as bond selloff cools
The selloff in Treasurys took a respite on Tuesday, dragging the yield on the 10-year note off its intraday highs after the benchmark maturity had topped 3.25% for the first time since 2011. What are yields doing? The yield on the 10-year Treasury note TMUBMUSD10Y, -0.85% which serves as a benchmark for a range of…
-
To invest successfully in marijuana stocks, add this pointer to your list of things to do
Over the next couple of years, marijuana stocks represent a lucrative opportunity for investors. Naïve investors think all they have to do is buy a few highly touted marijuana stocks. That could not be further from the truth. Astute investors who have been around know that some will make millions in marijuana stocks while others…
-
Pot stocks pull back as Aurora Cannabis applies to trade on the NYSE
Shares of cannabis companies were broadly lower Tuesday amid news that one of the largest pot purveyors, Aurora Cannabis Inc., is looking to attract larger U.S. investors by listing on the New York Stock Exchange. Aurora, an Edmonton-based cannabis cultivation and distribution company, has its shares listed in Canada on the Toronto Stock Exchange ACB,…
-
Earnings Outlook: Big banks to kick off earnings season this week, but reports may not boost their stocks
Will the third-quarter earnings season prove the charm for bank stocks, which have lagged behind other sectors and the main benchmarks this year? Probably not, according to analysts previewing the numbers, even though expectations for the sector have been scaled back since the quarter-end. There were positives in an economy that seems to be humming…
-
The Moneyist: My brother assaulted my mother—how can we get him out of our grandmother’s home?
Dear Moneyist, Some time ago, my brother moved into my grandmother’s home with her. He has hardly held a job over the last decade and is approaching 40. He has a long history of drug and alcohol abuse, but over the last few years we have begun to believe he also suffers from mental illness.…
-
Outside the Box: Losing my job at the right time helped me get closer to early retirement
Not many people who have just been fired will tell you that it was one of the best things to ever happen to them. I would be among that group. When I was fired, I was shocked, confused, stunned, angry, and a bit lost. Early in the process of dealing with it, I thought it…
-
Capitol Report: Corporate America is lobbying against an obscure provision that may cost them over $700 million
Corporate America is up in arms and actively lobbying the Trump administration over an unusual tax provision that could cost companies some $700 million. What is being argued about are tax credits tied to the corporate alternative minimum tax. When Congress in February unpicked the so-called sequester with another $300 billion of spending with the…