The yield on the benchmark 10-year Treasury note started the week on a tear, jumping to 2.99 percent and toying with the key 3 percent level that could trigger a reaction across global financial markets.
Has Gilead (NASDAQ:GILD) moved so far from R&D and product development within its most core franchise, HIV/AIDS, that it has forgotten to protect those crown jewels quite as thoroughly as it might? Clearly, its HIV/AIDS franchise is strong and probably getting stronger. Yet ViiV is challenging it and in some ways, as shown below, it may be that GILD has ignored that challenge....More>>>
Americans nearing and in retirement don’t know enough about retirement income planning according to a new survey by The American College of Financial services, as roughly 75% of survey respondents failed the 38-question retirement planning quiz. (The quiz can be taken here.) The research surveyed a total of 1,244 Americans between February 16, 2017 and March 1, 2017. The literacy rate survey....More>>>
U.S. equities drifted lower in quiet trading on Monday, an anticlimactic start to the week after Friday’s trading nearly took the Dow Jones Industrial Average over the 20,000 threshold. Although the bulls came within one point of the hurdle there was simply no follow through today.
In the end, the Dow lost 0.4%, the S&P 500 Index dropped 0.4%, the Nasdaq Composite wafted....More>>>
On Saturday, August 12, I was honored to be a Keynote Speaker for a program called, V-WISE or Veteran Women Igniting the Spirit of Entrepreneurship. V-WISE is a premier training program in entrepreneurship and small business management for women veterans, operated by the Institute for Veterans and Military Families at Syracuse University. My speech was directed....More>>>
Following past boom/bust cycles, the oil business appears to have bottomed in February 2016 at $27 a barrel. The bruising multi-year bust in crude oil prices was the biggest reason for the world stock market sell-off from late 2015 to early 2016 of roughly 15% overall. The cruel irony of ultra-low prices is its disruptive effect on regular exploration activity. A short-term oil market depression....More>>>
Investment company Cable Hill Partners, LLC buys iShares Core U.S. Aggregate Bond, Enbridge, Devon Energy, Hawaiian Holdings, National Grid PLC, Novartis AG, Occidental Petroleum, Ares Capital, Vanguard Intermediate-Term Bond, CSX, sells Vanguard Short-Term Bond, SPDR DJ Wilshire Global Real Estate, Guggenheim MSCI Global Timber, Vanguard Total World Stock Index, Vanguard Small-Cap Value ETF –....More>>>
Stocks ticked lower today, sending the Dow Jones Industrial Average to its largest two-day loss since early November.
The S&P 500 finished off 0.03% at 2,249.26 today, while the Dow Jones Industrial Average dipped 13.90 points, or 0.1%, to 19,819.78, its second consecutive day of losses. The Nasdaq Composite declined 0.1% to 5,432.09.
The financial sector was a major part of the Great Recession, and it has been a major part of the recovery and raging bull market since then. Generally speaking, the major financial institutions in the United States are a good barometer of the current state of U.S. markets.
HDFC Bank (HDFCBK) posted strong and in-line with expectations results for Q4FY2018. The bank reported healthy operational performance, as seen in its net interest income (NII) growing by 18% y-o-y to Rs. 10,657 crore and non-interest incom
Airbus SE Chief Executive Officer Tom Enders sketched out the company’s plans for the next generation of European fighter aircraft and warned that Brexit means the U.K. could miss out on future production.
Airbus’s German operation is working with French warplane specialist