What was the first stock Warren Buffett ever bought?

[ad_1]

A:

Warren Buffett’s first-ever stock purchase illustrates two very important principles of successful investing strategies: patience and the importance of timing,

At age of 11, Warren Buffett went into the stock trading business with his sister, Doris, buying six shares of Cities Service, an oil service company, at $38 a share. Buffett had identified Cities as an undervalued stock and was confident of making a nice…

[ad_2]

http://www.investopedia.com/ask/answers/021915/what-was-first-stock-warren-buffett-ever-bought.asp?utm_campaign=rss_faqs&utm_source=rss_www&utm_medium=referral

Sainsbury Family Net Worth | Investopedia

[ad_1]

As founders of the second-largest grocery chain in the U.K., the Sainsbury family has acquired a vast fortune, although its holdings in the company have been declining in recent years.

J Sainsbury plc’s (LON: SBRY) market cap is $5.1 billion as of September 25, 2017. The family’s combined share of the company is now about 6.5 percent, which is valued at about $346 million British pounds, according to The Times. The…

[ad_2]

http://www.investopedia.com/investing/sainsbury-family-net-worth/?utm_campaign=rss_articles&utm_source=rss_www&utm_medium=referral

Oligopoly

[ad_1]

What is an ‘Oligopoly’

Oligopoly is a market structure in which a small number of firms has the large majority of market share. An oligopoly is similar to a monopoly, except that rather than one firm, two or more firms dominate the market. There is no precise upper limit to the number of firms in an oligopoly, but the number must be low enough that the actions of one firm significantly impact and…

[ad_2]

http://www.investopedia.com/terms/o/oligopoly.asp?utm_campaign=rss_tod&utm_source=rss_www&utm_medium=referral

Zynerba Stock: Where Is It Headed From Here?

[ad_1]

Zynerba Pharmaceuticals, Inc. (ZYNE​) shares jumped more than 60% on Thursday after the company announced positive results from an exploratory Phase II clinical trial of ZYN002 for the treatment of pediatric and adolescent patients with Fragile X syndrome – an inherited disorder that is similar to autism. The 20-subject study met its primary endpoints with a 46% improvement from baseline after 12 weeks with no serious side effects.

The company’s previous clinical trial of ZYN002 for the treatment of knee pain due to osteoarthritis failed to achieve its primary endpoint in mid-August, although the treatment did demonstrate statistically significant results on several secondary endpoints. The company plans to meet with the U.S. Food and Drug Administration (FDA) during the first half of next year to move ZYN002 into Phase II/III clinical trials for Fragile X syndrome. (See…

[ad_2]

Starbucks’ New Tech Is a Game Changer: Mizuho

[ad_1]

As global coffee and food chain Starbucks Inc. (SBUX) struggles to boost its U.S business, reporting lower-than-expected same-store sales for two consecutive quarters, one team of analysts expects mobile orders to send shares up nearly 40%. (See also: Starbucks Hikes Prices Amid Pumpkin Spice Revival.)

The Seattle-based coffee giant has been perfecting its ordering process via smartphones, suggests Mizuho analyst Jeremy Scott, who has a buy rating on shares along with a $75 price target. After admitting that the new process was initially hurting the in-store experience, the analyst says Starbucks appears to be working out the kinks by means such as hiring an individual at each store with the sole responsibility of making sure the mobile ordering process is running smoothly.

NYC App Orders Have Doubled

“Total turnaway rates and in-store wait times are declining, indicating improving satisfaction,” wrote Scott after surveying a handful of Starbucks’ New York locations. The analyst highlights rapid traction of the mobile platform, now behind 30% of New York City transactions, compared to 25% in June and just 17% one year ago. Nationwide, the company says 9% of total orders were made digitally in advance over the most recent quarter.

Scott highlights the importance of mobile ordering as a driver of brand loyalty, noting that rewards members accounted for 36% of sales in Q2 but just 18% of Starbucks’ customer base. The program, which is intended to incentivize repeat orders, sends notifications and is there to remind customers of coffee and snacks with just a glance at their smartphones.

Trading down 1.4% on Friday afternoon at $53.74 per share, SBUX reflects an approximate 3.2% decline year-to-date (YTD) versus the S&P 500’s 12.4% rally over the same period. (See also: Starbucks Stores Are Finally Cannibalizing Each Other: BMO Downgrades.)

[ad_2]

How long does it take a broker to confirm a trade after it is placed?

[ad_1]

A:

The time that it takes to receive a confirmation after an order has been placed varies depending on the type of order placed, the liquidity of the market being traded and whether a market is open or not.

Orders placed between 9:30 a.m. and 4:00 p.m. Eastern Standard Time Monday to Friday on the New York Stock Exchange or Nasdaq are sent to the market right away. Unless specifying that an order is an extended-market order, orders placed outside these times sit until the market reopens.

A market order in a liquid stock such as Apple Computer (AAPL) or Facebook (FB) is almost always filled and confirmed immediately.

Orders with conditions such as limits, stop-losses, stop-buys and all-or-nothing may sit for an indeterminable amount of time before being filled, or it may never be filled at all.

It is always advisable to buy or sell using limit orders, even if the limit is 20 or 30 cents above the market price (for a buy order) to ensure the receipt of a fair fill. There are instances when liquidity may disappear, even in shares such as AAPL or FB, for a short time period causing investors to get filled with market orders at a much higher or lower price than expected. Orders for large amounts of stock should either be broken up or made using limit orders.

The status of orders may be checked on the orders screen of the website or trading platform of most online brokers or over the telephone with a broker. When confirming trades over the telephone, it is important to check the quantity filled and the price filled at.

[ad_2]

http://www.investopedia.com/ask/answers/112814/how-long-does-it-take-broker-confirm-trade-after-it-placed.asp?utm_campaign=rss_faqs&utm_source=rss_www&utm_medium=referral

Tom Price

[ad_1]


Health and Human Services

[ad_2]

http://www.investopedia.com/articles/insights/121616/tom-price.asp?utm_campaign=rss_articles&utm_source=rss_www&utm_medium=referral

Deferred Revenue

[ad_1]


Advance payments or unearned revenue, recorded on the recipient’s balance sheet as a liability, until the services have been rendered or products have been delivered. Deferred revenue is a liability because it refers to revenue that has not yet been earned, but represents products or services that are owed to the customer.

[ad_2]

http://www.investopedia.com/terms/d/deferredrevenue.asp?utm_campaign=rss_tod&utm_source=rss_www&utm_medium=referral

The Jones Act

[ad_1]


The Jones Act is a federal law that regulates maritime commerce in the United States.

[ad_2]

http://www.investopedia.com/terms/j/jonesact.asp?utm_campaign=rss_headlines&utm_source=rss_www&utm_medium=referral