Investment Watch Blog

BREAKING: Laguna Beach city council just asked people in room to raise hand if they support the new USA flag decals on police cars. Almost everyone in room raised hand. When asked who opposes, one, single person raised their hand, to chuckles from the crowd. @FOXLA pic.twitter.com/E2PyQWAh76 — Bill Melugin (@BillMelugin_) April 17, 2019 BREAKING: … Read more

Under President TrumpOpens a New Window.’s new tax law, 60 of America’s biggest corporations paid $0 in federal taxesOpens a New Window. in 2018, despite earning billions of dollars in profits. AmazonOpens a New Window., NetflixOpens a New Window., General MotorsOpens a New Window., Chevron, JetBlue, IBM and U.S. Steel were all among the companies that avoided taxes last year … Read more

"The building was so overburdened with meaning that its burning feels like an act of liberation." We talked to architects and historians about the significance of Notre Dame — and what should happen next https://t.co/0tulGIjwMA pic.twitter.com/pNll70pJfF — Rolling Stone (@RollingStone) April 16, 2019

Washington Post: Admit it: Fox News has been right all along! Throughout most of southern Ohio, residents who watch cable news are predominantly glued to one channel: Fox News. People there don’t watch Fox News to know what to think; they already know what they think, and they avoid news channels that insult their intelligence … Read more

Several analysts have raised concerns over earnings this quarter due to external risks such as low economic growth, uncertainty over U.S.-China trade deal, Brexit and a U-turn on major central bank policy towards more easing. European banks are suffering from years of weak profits, massive fines, ultra-low monetary policy and uncertainty surrounding the U.K.’s exit … Read more

Bridgewater Warns of Peak us Profit Margins, Lower Stock Prices The major drivers of high U.S. corporate profit margins are unsustainable and “now under threat”, which will eventually result in much lower equity prices. Over the last few decades, almost every major driver of profit margins has improved, Bridgewater said. There is also more discussion … Read more

by distroyaar   Saw the post lamenting tech IPOs as all scams and money burners, just thought I’d share some of the more successful ones in recent times for perspective: SAIL IPO at $13 now $27 OKTA at $23 now $92 TTD at $27 now $198 TWLO at $26 now $123 ZScaler at $33 now … Read more

by EarningsCallsApp Q1 net income of $1,550 million or $1.80 per share, compared with net income of $1,634 million or $1.86 per share a year ago. Q1 EPS of $1.80 included an addition to legal reserves of $0.21 per share related to a merchant litigation that has now been resolved. Q1 consolidated total revenues net … Read more

Some 60 people in five states are being charged in connection with illegally prescribing more than 32 million pain pills, federal prosecutors say. Those charged include doctors, pharmacists and nurse practitioners, the Justice Department says. Some 60 doctors, pharmacists and other licensed medical professionals in five states are being charged in connection with illegally prescribing … Read more

via washingtontimes: The Trump administration is proposing a new rule to try to block some 32,000 illegal immigrant-led families from claiming public housing assistance, saying it’s unfair to hundreds of thousands of Americans who are stuck on waiting lists. Housing and Urban Development notified Congress Wednesday of the new rule, kicking off a schedule of publication and … Read more