A more confident tone from management and a stable quarterly report pushed Lattice Semiconductor up 9% today.Revenue was a few million less than hoped for; a $6 million payment that had been penciled into the quarter was not received.Product margins were much better than expected, mainly due to higher sales of more… Read More
Robert Frick is Editorial Director of Investing Daily. Bob is a career business and financial journalist, with a 15-year tenure as senior editor for Kiplinger’s Personal Finance magazine, in addition to working as a newspaper business writer and editor, and a stint as an investment writer for USA Today.
He’s a nationally recognized authority on behavioral finance, and worked two years as a writer, researcher and speaker for the Allianz Global Investors Center for Behavioral Finance.
He has co-authored three books on personal finance, and holds an M.B.A. and a B.A. (Journalism) from the Pennsylvania State University
A pivotal scene in “The Big Short” has a skeptic scoffing at a quirky money manager who wants to short the housing market. The manager, Dr. Michael Burry (played by Christian Bale), has found portfolios of mortgages rotten with toxic subprime paper.The U.S. economy is sitting on a massive housing… Read More
We are adding the TMX Group (TSX:X, OTC: TMXXF) to the Dividend Champions portfolio.A drop recent drop in TMX Group’s stock price, which we believe was an overreaction to some recent news, has made its yield an attractive 4.4%.TMX Group is the main provider of trading platforms for equities, fixed… Read More
The share prices of the three main Canadian telecommunication companies came under pressure yesterday after Shaw Communications announced the acquisition of WIND Mobile for C$1.6 billion. This will effectively create a fourth major competitor in the Canadian mobile telecommunications market.The announcement yesterday reduced the price of our Dividend Champion’s holdings, BCE (TSX: BCE, NYSE: BCE) and Telus (TSX:… Read More
Just when you thought it could go no lower, the price of oil slipped again this week. On Tuesday it fell below $37 a barrel and Big Oil stocks felt even more pain, as did the Dow generally, off 245 points.A host of bad economic news comes with oil’s plummet… Read More
Sell H&R REIT (TSX: HR-U, OTC: HRUFF) and buy RioCan REIT (TSX:REI-U, OTC: RIOCF).November brought the long-awaited announcement that RioCan resolved its dispute with Target Corp., which was settled for $132 million. The settlement related to 18 disclaimed leases which were guaranteed by Target, the U.S. parent of the now defunct… Read More
Sell our holdings in Husky Energy (TSX: HSE, OTC: HUSKF). Poor quarterly results and the replacement of the cash dividend with a script dividend leaves us disappointed.Canadian Utilities (TSX:CU, OTC: CDUAF): Move from Buy to Hold based on valuation concerns. Poor results and a 3.1% dividend yield with deteriorating growth… Read More