Rio Tinto plc ADR Common Stock (NYSE:RIO) traded down 5% during mid-day trading on Wednesday . The stock traded as low as $52.98 and last traded at $53.38. 6,098,501 shares were traded during trading, an increase of 99% from the average session volume of 3,070,225 shares. The stock had previousl
White Gold Corp. (CVE:WGO) Director David D’onofrio purchased 49,000 shares of the business’s stock in a transaction on Friday, April 20th. The shares were acquired at an average price of C$0.80 per share, with a total value of C$39,200.00.
Corbus Pharmaceuticals Holdings Inc. (NASDAQ:CRBP), the best-performing Nasdaq-traded biotech stock of 2016, is on the move again. Data from a phase II trial of its flagship cannabinoid Resunab on cystic fibrosis is due any day now. This time though, it is not just retail investors getting in front of the news. Corbus is now drawing a large amount of institutional attention from several directions.
When Tesla (NASDAQ:TSLA) announced its electric semi, Elon Musk said that when driven autonomously, the cost per ton mile will be less than that of rail. Warren Buffett, whose Berkshire-Hathaway owns BNSF, has also said that autonomous trucks will be bad for his business. Is this the technology that kills railroad valuations? Let’s look at the numbers.
“Mors tua, vita mea” (literally “your death is my life) probably was the motto that gladiators, in the ancient Rome, recited before entering in the Coliseum and fighting for their life. Over and above its literal translation, this Latin expression means that what is a damage for one person is often an advantage for another. There can only be one winner in a competition; that is....More>>>
When Weatherford International (WFT) announced that it had named Halliburton (HAL) CFO Mark McCollumits new CEO, its shares jumped as some observers contended itincreased the odds of an acquisition by the oil-services giant. It looks like they picked the wrong oil-services giant, however, as Weatherford and Schlumberger (SLB) announced a joint venture late Friday, one that has sent Weatherford’s....More>>>
News headlines about Federal Agricultural Mortgage (NYSE:AGM) have been trending positive this week, according to Accern. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Federal Agricultural....More>>>
Our Top Pick for more speculative investors is a biopharmaceutical company that discovers, develops, and commercializes oral antivirals in areas of unmet medical needs in the United States, explains Bill Mathews, editor of The Cheap Investor.
The lead product candidate from Chimerix (CMRX) is brincidofovir (CMX001), a nucleotide analog.
The drug is in Phase III clinical trials....More>>>
San Francisco, CA, based Investment company Lattice Strategies LLC buys iShares MSCI Chile Capped Investable Market Index , iShares North American Natural Resources, Schwab U.S. Large-Cap, iShares MSCI Poland Capped, sells SPDR S&P 500, Vanguard Telecom, iShares MBS ETF, iShares Core S&P 500 during the 3-months ended 2017-09-30, according to the most recent filings of the investment company,....More>>>
ValueAct, a successful activist fund, has built a $1.2 billion stake in Citigroup (C). According to the WSJ it suggested Citigroup could boost its buyback plan from $40 to $50 billion. With a market cap of $185 billion that's a large percentage of stock to take out. Buyback programs of this relat
US Bancorp DE lessened its stake in shares of Gorman-Rupp (NYSE:GRC) by 3.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 136,614 shares of the industrial products company’s stock after selling 5,085
The age of hybrid-electric commercial aircraft is right around the corner. A start-up backed by Boeing (NYSE:BA) just hit an important milestone in its quest to be among the first to cash in on the technology.
On May 21, Zunum Aero signed a deal to sell up to 100 of its electric-powered p
CGI Group (NYSE: GIB) and Information Services Group (NASDAQ:III) are both computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their profitability, earnings, dividends, analyst recommendations, risk, valuation and in
What would a dividend investor's dream stock look like? The obvious characteristic would be a high dividend yield. Of course, the dividend also would need to be one that's both sustainable and growing.
It also would be great if the underlying business was rock-solid with a strong competi