Medical Properties Trust (MPW) stock is cheap: Buy the 15% yield?

Medical Properties Trust (NYSE: MPW) stock price has been in a strong downward trend in the past few months as interest rates continue rising. The shares have crashed by 57.64% in the past 12 months and by 33.40% this year. This decline has seen its forward dividend yield jump to 15.10%. Rising interest rates Medical… Continue reading Medical Properties Trust (MPW) stock is cheap: Buy the 15% yield?

Tesco chairman to step down amidst claims of misconduct

John Allan – Chairman of Tesco PLC (LON: TSCO) will step down at the company’s annual meeting with the investors on June 16th, the supermarket chain confirmed on Friday. Allan denies claims of misconduct The announcement arrives only days after a report said four women have alleged Allan of inappropriate conduct. Allan has strongly denied… Continue reading Tesco chairman to step down amidst claims of misconduct

Deere Q2 earnings: ‘ag space will be a growth story for a long time’

Shares of Deere & Company (NYSE: DE) are trading up this morning after the equipment maker reported its financial results for the second quarter that handily topped Street estimates. Deere stock up on raised guidance Investors are cheering also because the industrial giant cited “healthy demand” and raised its guidance for the full-year net income… Continue reading Deere Q2 earnings: ‘ag space will be a growth story for a long time’

Foot Locker trims guidance citing ‘aggressive markdowns’

Foot Locker Inc (NYSE: FL) opened nearly 25% down on Friday after reporting worse than expected results for its first financial quarter. Foot Locker stock crashes on weak outlook The retail stock is crashing also because the shoe company trimmed its guidance for the full year on headwinds including a changing vendor mix. Foot Locker… Continue reading Foot Locker trims guidance citing ‘aggressive markdowns’

What made U.K. online fashion retailer ASOS stock tank 20% today?

Shares of ASOS plc (LON: ASC) tanked more than 20% on Wednesday after the online fashion retailer reported disappointing results for its fiscal first half. ASOS stock down on widened loss The British company cited exceptional costs attributed to its right-sizing plan and reported a hit to revenue and widened loss for H1 today. Still,… Continue reading What made U.K. online fashion retailer ASOS stock tank 20% today?

U.S. CPI print today makes Amazon stock more attractive: here’s why

S&P 500 opened up this morning after the Bureau of Labour Statistics reported inflation to have eased further in April. Quincy Krosby reacts to the CPI report today Versus a year ago, consumer prices were up 4.9% last month – 0.1% less than the Dow Jones estimate. Reacting to the CPI print, Quincy Krosby –… Continue reading U.S. CPI print today makes Amazon stock more attractive: here’s why

Russell 2000 outperforms after the encouraging US inflation data

Russel 2000 index futures jumped by more than 1.18% on Wednesday after the US consumer inflation data. The index, which tracks small-cap companies in the US, jumped by more than 1.56%, beating those tied to the Dow Jones and Nasdaq 100 indices. US inflation data Economic data by the statistics agency showed that the headline… Continue reading Russell 2000 outperforms after the encouraging US inflation data