Account
By Yale BockThe Long Term GARP investment portfolio rose 1.2% (net of fees) in the month of April 2013, which was better than the S&P 500 Index performance of 1.8%. Many companies in the portfolio reported good earnings and also provided strong guidance for the remainder of 2013.We believe a primary way to build the asset value of a portfolio is to own companies which grow their revenues and earnings quarter after quarter, year after year. Every portfolio is trying to accomplish this task and those enterprises which show growth with their results ultimately get rewarded. There were a few hiccups this quarter, but in general, the companies in the portfolio had a nice quarter.Liberty Interactive is the owner of QVC, Bodybuilding.com, Provide Commerce, Buyseasons.com, and Backcountry.com, and has large passive minority positions in other large, well known internet based business like the Home Shopping Network.Liberty Interactive gained a majority stake in TripAdvisor when it bought out Ba...
Endpoint Technologies Associates President Roger Kay on investment strategies from efforts to overhaul the U.S. immigration system.
Western Union Business Solutions senior market analyst Joe Manimbo on the outlook for currencies.
XOOM CEO John Kunze on the company’s IPO and success in the digital money transfer business.
Investors banking on the latest advances in international money transfers bid up shares in the IPO of Xoom Corp. (XOOM), which lets customers wire cash across border...
Retail sales barely rose in January as tax increases and higher gasoline prices restrained spending.The Commerce Department said on Wednesday retail sales edged up 0...
U.S. investors have had plenty of reasons to worry about what goes on in Washington, from "fiscal cliff" fears to concerns about a debt default or government shutdow...
MoneyGram CEO Pam Patsley on efforts to expand the company’s market share and how consumers can avoid scams involving money transfers.
Green Dot Corp. (GDOT), whose prepaid debit cards are sold in thousands of supermarkets, pharmacies and other stores, continues to generate strong sales in most reta...
Standpoint Research initiated coverage of Western Union Co. with a buy rating and a price target of $19 a share. Shares of the payment-services provider were up 4% a...
We’re highlighting small businesses from around the country as nominated by you, our readers. If your favorite small business is using Twitter to communicate with customers, let us know about it @fbsmallbiz with the hashtag #mysbc, and it may be featured as an upcoming Small Business Spotlight.
U.S. retail sales rose more than expected in December as Americans shrugged off the threat of higher taxes and bought automobiles and a range of other goods, suggest...
The Nasdaq Stock Market canceled a slew of trades in nine large-cap stocks like AT&T (NYSE:T) and Citigroup (NYSE:C) on Thursday in the wake of apparently erroneous ...
Western Union Co. , which facilitates long-distance money transfers between consumers and businesses, could see its shares rise to the low $20 range in the next few ...
Employment rose more than expected in April, pushing the unemployment rate to a four-year low of 7.5 percent, which could help ease concerns of a sharp slowdown in t...
Western Union Co , the world's largest money transfer company, reported a 14 percent fall in quarterly profit on lower transaction fees from its consumer business.Ne...
The fervor over the digital currency bitcoin has drawn interest from two of the world's largest movers of money.Western Union Co. (WU) and MoneyGram International In...
As the Dow Jones Industrial Average reaches the rarefied air above 14164.53, its composition is almost unrecognizable from the collection of stocks assembled more th...
Western Union CEO Hikmet Ersek on how technology has changed how people can send money.
Dividend exchange traded funds have undoubtedly become an important part of the overall ETF landscape.Rapid proliferation of this ETF sub-segment has ensured that in...
