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3 Reasons to Buy Garmin Stock

3 Reasons to Buy Garmin Stock

Finance
If you wrote off Garmin (NASDAQ: GRMN) stock after GPS-enabled smartphones began disrupting the company's automotive navigation device business some years back, it's time for you to take another look. The company just wrapped up its second straight year of sales and profitability gains, despite challenges in a few of its biggest market niches.Garmin expects that momentum to continue in 2018, and shareholders can count on an added boost to their ROI from its recently hiked dividend . There are better reasons than a meaty 3.5% yield to consider investing in this solid business, though.Image source: Getty Images.Diversification rulesGarmin's 2017 results demonstrated the power of its diversified product portfolio. Sure, revenue from its automotive GPS segment shrank last year, as they have an...
Icahn, with 6 percent of Newell Brands shares, hasn't decided which side he's on

Icahn, with 6 percent of Newell Brands shares, hasn't decided which side he's on

Finance
Billionaire Carl Icahn reported a greater than 6 percent stake in Rubbermaid parent Newell Brands, calling them undervalued, according to a regulatory filing on Friday.The activist investor said in a filing with the Securities and Exchange Commission that he intends to talk with Newell management about ways to "enhance shareholder value." The filing also says Icahn expects to have additional talks with other fund manager, Starboard Value, about its proxy contest against Newell. Earlier this month, Icahn told CNBC he had taken the large stake without saying exactly how much he had acquired.Activists Starboard Value and Martin Franklin have teamed up to oust Newell's entire board. Icahn's filing on Friday said he hasn't decided whether he was going to support management or Starboard. "Altho...
Is Polaris Industries Inc. a Buy?

Is Polaris Industries Inc. a Buy?

Finance
After two years of trouble stemming from numerous recalls of its off-road vehicles, Polaris Industries Inc. (NYSE: PII) appears to have put the worst of its problems behind it. As fellow Fool Rich Duprey recently pointed out , fire risks for the company's off-road vehicles and ATVs haven't been completely put to rest, and it's possible there could be more recalls in the future. But a recent warning of "thermal hazards" didn't come with the don't ride/don't sell statements that had come with previous announcements. By the look of it, recall costs should be slowing down and consumers and dealers are apparently looking past any residual fire risk. Polaris was solidly profitable in 2017, and its 2018 is expected to be even better.If you're considering investing i...

Weekly Trading Forecast: All Eyes on Fed Policy Announcement

Finance
DailyFX.com -A much-anticipated monetary policy announcement from the Federal Reserve will shape price action across financial markets in the week ahead.US Dollar Forecast: US Dollar on Offensive Before Fed Rate Decision. Will it Last?The US Dollar is on the offensive as traders brace for what could be a major hawkish policy pivot at the Federal Reserve. Will Jerome Powell and company deliver?British Pound Forecast: From Famine to Feast - BOE, Hard Data and BrexitSterling traders will be happy to see a raft of potentially market moving releases and events next week after a week of twiddling their thumbs.Australian Dollar Forecast : Australian Dollar Pressured, Fed Hawkishness Will Be DecisiveThe Australian Dollar will be as in thrall to the week's Federal Reser...
Homeowners can take advantage of this tax loophole — at their own risk

Homeowners can take advantage of this tax loophole — at their own risk

Finance
The days of taking out a home equity line of credit to pay for college, a new car or for someone's silence — and take a tax break on the interest — are coming to a close.Prior to 2018, homeowners were able to borrow against their dwelling and deduct the interest paid on loans of up to $ 100,000. It didn't matter whether you used the money to spruce up your home or whether you tapped the line of credit to help you get through a period of unemployment.Starting this year, under the Tax Cuts and Jobs Act, homeowners can only deduct the interest on the debt if the money from a HELOC went toward buying, building or substantially improving the home that secured the loan.Here's the loophole: There's no clear way for the Internal Revenue Service to ensure that this is how you're using the money.In