Retail alert: Sam’s Club is abruptly closing locations nationwide

Bad news for Sam’s Club members! The Walmart-owned warehouse club has abruptly shut down multiple locations across the country, according to local media reports. Closures have reportedly taken place in Tennessee, Georgia, New York, Ohio, Indiana, Maryland, Texas and elsewhere — without warning. RELATED: Macy’s, Sears and Kmart closing sales: 3 things you need to know… Please follow and like us:

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Meat is not the ‘new tobacco,’ and shouldn’t be taxed

By Sylvain Charlebois, Professor in Food Distribution and Policy, Dalhousie University. Is meat the new tobacco? Some are suggesting it is, and urging a “sin tax” on beef, pork and other meats. (Shutterstock) The idea of having to pay a sin tax for environmentally detrimental foods is gaining more support. For some, eating meat is a… Please follow and like us:

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Warren Buffett Won a Decade-Old $1M Bet

Warren Buffett Won a Decade-Old $1M Bet In 2007, Warren Buffett challenged finance professionals in the hedge fund industry to accept a bet that Buffett described in his 2016 letter to shareholders of Berkshire-Hathaway (see p. 21-21): In Berkshire’s 2005 annual report, I argued that active investment management by professionals – in aggregate – would over… Please follow and like us:

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Speculative bounceback stocks for 2018: GE and Navient

Please hold. T WASHINGTON, December 29, 2017: Following up on my previous column here are a few more stocks I’d have to label as speculative bounceback stocks. Our previous list included generally well-known, stable companies that might be safer and more reliable bets for a decent bounce back up in early 2018. Read also: Year end… Please follow and like us:

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It Ain’t Over Till It’s Over: 4 Trends Driving REIT Valuations

It has been an eight-year run for equity real estate investment trusts, returning almost 450% to investors, or roughly 20% per year. The broader equity market has also been on a tear, returning roughly 350% during the same period. Relatively easy monetary policy persists, credit spreads remain tight and the U.S. economic expansion is almost 100… Please follow and like us:

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Americans Are So Over the Financial Crisis … Or Are They?

A decade after the Great Recession, Americans say that the event had no impact on their lives — yet their spending and investing behaviors tell a different story, according to new data from Hartford Funds. According to a survey of 1,006 American adults, 40% of respondents said that the financial crisis had no impact on their… Please follow and like us:

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Paul Singers $2 Billion Bet

A review of Paul Singer’s portfolio and his fearless investing strategies. His current focus: NXP Semiconductors (NasdaqGS: NXPI). Get Our Activist Investing Case Study! Get the entire 10-part series on our in-depth study on activist investing in PDF. Save it to your desktop, read it on your tablet, or print it out to read anywhere! Sign… Please follow and like us:

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Is now (at a market high) a bad time to invest?

The stock market is on a tear. As the Dow has soared through 20,000 and 22,000 and now past 24,000, you have considered (repeatedly) whether you should have more money in the market. But let me guess: Your next thought is, “Nah, the market is too high. After all, we’re supposed to buy low and sell… Please follow and like us:

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ETF Assets Predicted to Surge 73% by 2020: EY Global Report

Exchange-traded-fund assets are expected to reach $7.6 trillion by the end of 2020, up from an estimated $4.4 trillion at the end of September, according to a new report by EY, a consultancy firm. Several factors favor ETFs’ fast global expansion, the report said. These include the shift to passive investing, low yields, regulatory efforts around… Please follow and like us:

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Walmart’s latest experiment: Higher prices online than in stores

Walmart is trying out a new pricing strategy that could penalize you if you’re an online-only shopper of Walmart.com. RELATED: Vegetables sold at Aldi, Walmart, Trader Joe’s recalled Walmart’s new online vs. in-store pricing experiment According to the Wall Street Journal, Walmart has a new price experiment underway that you need to know about. Here’s the… Please follow and like us:

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Why Advisors Are Turning to Alts

Years after the global financial crisis, the advisory community continues to grapple with portfolio diversification. Fortunately, the increased availability of alternative mutual funds means that advisors have new diversification tools available to them. Viewed individually, each alternative asset classes presents what is known as a bi-modal distribution of data. These bi-modal distributions confirm that the correlations… Please follow and like us:

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Allergan, Restasis and the Mohawks vs. the Feds: Epic fail?

WASHINGTON, October 18, 2017 – In our previous installment on the Allergan (symbol: AGN) patent brouhaha with the Feds, we explained how patent and formula maneuvers and other complicated legal stuff can often prolong patent protections for all manner of innovative products, including the formulation of breakthrough prescription drugs. We also regaled you with the complex… Please follow and like us:

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IPOs and Secondaries: All you need to know to play the game

WASHINGTON, September 29, 2017 – At last it’s the wild and wooly last trading day of the month and of Q3 2017. What a boring and rather negative month it’s been for us! Window-dressing and other geeky trading moves are currently masking Mr. Market’s real intentions. We’ll need to wait and see if the generally favorable… Please follow and like us:

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Investors Say End of Bull Market Is Coming, but They Feel Fine

U.S. investors anticipate the protracted bull market to reverse course sometime this year, but aren’t getting too worked up about it, a third-quarter telephone survey by Wells Fargo/Gallup found. Indeed, the poll found investors fairly comfortable with the market as it lingers near historic highs. Sixty-one percent said it was a good time to invest, and… Please follow and like us:

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DowDuPont changes breakup plans

PHILADELPHIA — DowDuPont Inc., the temporary manufacturing giant formed in the Sept. 1 merger of Dow Chemical Co. and DuPont Co., said Tuesday it has amended its 2015 breakup blueprint. It now plans to transfer its automotive-supply and several other materials businesses, with total yearly sales of $8 billion, to a DuPont successor company based in… Please follow and like us:

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