Bed Bath & Beyond (BBBY) is a small cap home and goods retailer that operates under its headline name as well as Christmas Tree Shops, Harmon, Cost Plus and a few others. They have also tried to get a better foothold into the precious online market through acquisitions of One Kings Lane and PersonalizationMall.com. Their main strategy is to mail out their typical 20% off one item coupon to get people into the store and hope the consumer buys more than they intended to. I havent been into a BBBY store in quite a while so while I cant comment on the stores, I am amazed at the valuation....More>>>
The municipal-bond market is dominated by individual investors, and it turns out they’re not nearly as good as the pros.
Over the past decade, individuals earned an average of about 1.26 percentage point less annually on their investments in open-end state and local government bond funds than the funds themselves, according to a study released by Morningstar Inc., which took account of what investors make after shifting their money in and out of the market. That gap was the biggest among the eight asset classes the research company examined.
Even though state and local government....More>>>
HSBC Holdings HSBC Holdings first appeared in the trend list this week, followed by the wood and wood industries. The third in the list is another financial company, the private equity group Blackstone Group. As the company is reaching an agreement with Brazil’s Embraer, Boeing is ranked first.
HSBC Holdings (which generates a staggering 8.6% dividend) saw its ratings increase by 40% in the past week.
HSBC’s performance over the past few years has been rather disappointing. Although it is consistent with the entire financial industry, it recently stated that it hopes to use....More>>>