Industrial stocks are due for a rebound because a manufacturing indicator is going their way, according to Keith Parker, head of U.S. equity strategy at UBS Group AG. In a report Monday, he contrasted the relative performance of the S&P 500 Industrials Index with the Institute for Supply Management’s manufacturing index, based on....More>>>
The European Central Bank still has a way to go before inflation is on track toward its goal, so policy will need to remain patient and persistent, Executive Board member Peter Praet said on Monday.
Praet, who presents policy proposals at Governing Council meetings in his role as chief economist, said the ECB is monitoring three criteria as it gauges when it can start withdrawing stimulus.....More>>>
A Super Bowl commercial aimed at people suffering from opioid-induced constipation has incited public outrage. A Super Bowl ad for opioid-induced constipation has sparked a major backlash.
The ad, which reached more than 111 million viewers, touted a drug to help opioid users suffering from irregularity. But many medical and political leaders saw it as an attempt to capitalize on the....More>>>
At this time last year, U.S. airlines were developing ambitious growth plans for Cuba, after it became legal to offer scheduled service to the Caribbean island nation for the first time in more than half a century. As the top airlines in South Florida, American Airlines (NASDAQ:AAL) and JetBlue Airways (NASDAQ:JBLU) had the most ambitious plans for flying to Cuba.
However, U.S. airlines haven’t....More>>>
AbbVie Inc. (NYSE:ABBV) communicated through the PRNewswire Monday that it received a positive feedback from the European Committee for Medicinal Products for Human Use (CHMP) about the possibility of using VIEKIRAX plus EXVIERA in a combined therapy of eight weeks to treat chronically genotype 1b HCV-infected adult patients.
These patients are naïve to any kind of HCV treatment,....More>>>
It would be a truly Olympic feat.
A start-up backed by Japanese automaker Toyota revealed a rudimentary prototype of a flying car, aiming to whisk a driver through the air to light the Olympic torch in Tokyo in summer 2020.
Although the start-up is not officially collaborating with Toyota, the automakerconfirmed to USA TODAY that it is exploring “aerial solutions” on its....More>>>
The retail sector has been a treacherous one over the past few years, due to heavy competition from e-tailers and cutthroat competition among brick-and-mortar players. Therefore, it’s easy for investors to step on landmines across the sector if they’re not careful. Today, we’ll examine two retail stocks that could cause you to lose a lot of money — Macy’s (NYSE:M) and....More>>>
This revisit updates my initial look at Hatteras Financial (NYSE:HTS) from my May 23, 2016, article “Hatteras Financial Corporation: A View From The Perspective Of A Preferred Investor.”
Though I hope you will read the original article in full, my bottom line assessment and buy recommendation at the time were as follows:
Ultimately, I must decide whether or not I believe....More>>>
Once again, U.S base salaries are expected to increase by 3 percent in 2017, mirroring actual increases seen in 2016. These numbers generated via research from the Hay Group division of Korn Ferry may have you performing the “Happy Dance;” however, let’s really see how much money will go into your pocket.
The Numbers Game
Let’s play with....More>>>
On Tuesday, our Under the Radar Moversnewsletter suggested going long small cap digital health (mHealth) stock DarioHealth Corp (NASDAQ: DRIO):
The entry here is rooted in the rebound’s “second wind,” which materialized today. You can see the late-Janaury/early-February rally was nice, but went too far, too fast. Sure enough, the profit-takers dug in. There weren’t....More>>>