All large cryptocurrencies were down during morning trading on Tuesday, with Uniswap UNIUSD, +1.70% seeing the biggest move, declining 5.12% to $3.93. Polkadot DOTUSD, +1.91% dropped 2.56% to $3.69, and Cardano ADAUSD, +1.18% declined 1.81% to 25 cents. Dogecoin DOGEUSD, +1.27% shed 1.81% to 6 cents on Tuesday, while Ripple…

In this article I present a strategy that explores the basics of cash flow analysis and the implementation of a price-to-free-cash-flow (P/FCF) screen. Firms with low price-to-free-cash-flow ratios may represent neglected firms trading at attractive prices. AAII’s screen looks for companies with a price-to-free-cash-flow ratio below the median for their…

Bonds issued by troubled drugstore chain Rite Aid Corp. sold off on Monday, after the company filed for bankruptcy, facing billions of dollars of debt related to opioid lawsuits. The bankruptcy was expected for months, and the Wall Street Journal reported in August that Rite Aid RAD was more than $3.3 billion…

The days of the aspirational, marketing-driven corporate sustainability report are dead. In their place, consumers, investors, and regulators now expect companies to have some serious and verifiable substance behind their sustainability claims. The problem is: A large number of companies are failing. According to a recent IBM study, although 95%…

Johnson & Johnson on Tuesday posted better-than-expected third-quarter earnings and raised its profit guidance while downplaying concerns about how popular obesity drugs could affect its med-tech business. The New Brunswick, N.J.-based company posted net income of $4.309 billion, or $1.69 a share, for the quarter, after earnings of $4.31 billion,…

Key Takeaways Rite Aid has filed for Chapter 11 bankruptcy protection, and has received a $3.45 billion lifeline from investors to help them plan their restructure The company has come under increased pressure for their high levels of debt, as well as ongoing litigation stemming from the opioid epidemic Drugstore…

Shares in homebuilder Bellway edged higher on Tuesday despite warnings that volumes and margins will continue to slide this year. At £21.80 per share, Bellway’s share price was 0.9% higher on the day. Bellway — which is one of the UK’s top five housebuilders – saw revenues drop 3.7% in…

U.S. oil futures finished lower Thursday for a third consecutive session, erasing the bulk of the rise seen earlier this week from the regional supply risks brought on by the Hamas attack on Israel. Prices for U.S. benchmark crude declined following a U.S. government report that showed a more than…

The Fed funds rate is expected to decline by the end 2024, but not by much and largely later in the year. That’s the current expectation of both policymakers and markets. Even though, the Federal Reserve could, possibly, still raise rates one more time in 2023. The markets remain somewhat…

Uranium prices have reached their highest level in more than a decade as a global supply shortage persists, with the bull market for uranium investments still in its “earliest days.” The market is “definitely in a structural deficit as demand is growing at a 5% annual rate and the current…