ITC has undertaken price hike of 6-15% in some of its lower-end cigarette brands (contributing ~20% to cigarette sales volume). The average price hike (with no price increase in key brands) stood at 2%. The recent price hike will have initial reac
Ructions in Westminster and angst over Brexit negotiations shouldn’t stop investors from buying U.K. stocks that remain undervalued and out of favor, according to Morgan Stanley.
Despite the uncertain political backdrop, London-listed equities often perform well as the global business cycle ages, and should benefit from higher commodity prices, strategists including Andrew Sheets wrote....More>>>
Shares of natural gas fuel company Clean Energy Fuels Corp (NASDAQ:CLNE) fell as much as 17.8% in trading Thursday, ending the day down 15.5% as an analyst gave a negative review of the stock. But keep in mind that shares are still up 54.2% year to date, so this has been a winner of late for investors.
Today’s move was driven by Raymond James....More>>>
U.S. stock futures are rebounding this morning on easing global tensions. Stocks are rebounding on the promise of resumed U.S./China trade talks and a $15 billion investment in Turkey by Qatar. Strong quarterly reports from Walmart (NYSE:WMT) and Cisco Systems (NASDAQ:CSCO) are also helping boost sentiment.
Against this backdrop, futures on the Dow Jones Industrial Average are up 0.82% with....More>>>
Zacks Investment Research upgraded shares of BioTime (NYSEAMERICAN:BTX) from a sell rating to a hold rating in a report released on Wednesday morning.
According to Zacks, “BioTime, Inc. is a clinical-stage biotechnology company focused on developing and commercializing novel therapies in the field of regenerative medicine. The foundation of its core therapeutic technology platform....More>>>
Overall, first-quarter earnings have been pretty positive and many CEOs struck an optimistic tone discussing outlooks for the remainder of 2017. Two industrial bellwethers, General Electric Company (NYSE: GE) and Honeywell International Inc. (NYSE: HON), just beat Wall Street analyst expectations on Friday and credit card companies American Express Company (NYSE: AXP) and Visa Inc (NYSE: V) also....More>>>
Before Oct. 23, 2001, Apple’s (NASDAQ:AAPL) key products had been a mix of Mac computers and “other” service revenue. At the time, the company was valued at $6 billion — roughly equivalent to where travel site TripAdvisor sits today.
But when the sun rose on Oct. 23, the company’s trajectory — in the eyes of both investors and consumers — arguably....More>>>
Analysts at Argus Research identified in a research report two stocks that could be attractive for investors after under-performing the market.
Over the past quarter, shares of Colfax Corp (NYSE: CFX) have fallen 2.5 percent while the S&P 500 index gained 1.2 percent, Argus’ John Eade commented in a research report. In fact, the company has come under pressure in....More>>>
Warren Buffett’s primary mission as leader of Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) is to find good investments to put his investing capital to work. That’s been a struggle for the Oracle of Omaha lately, because it’s hard to find deals that both meet the requirements that Buffett has for purchases and are big enough to move the needle at Berkshire’s massive operation.
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., laughs while playing cards on the sidelines of the Berkshire Hathaway annual shareholders meeting in Omaha, Nebraska on Sunday, May 1, 2016. (Photo Credit: Daniel Acker/Bloomberg)
Warren Buffett made $12 billion in 2016 and reclaimed his position as the second richest person in the world.
In my most recent article FDA Minutes To Bring Trevena Back To Life, I discussed how the release of the minutes from the FDA meeting could potentially relaunch Trevena (NASDAQ:TRVN) into the public arena as a viable candidate to be next in line for an FDA appr
I read an article about Snap (NYSE:SNAP) CEO Evan Spiegel recently that was highly complimentary of the 28-year-old wunderkind. It got me thinking about Snap stock, which went over $10 on Mar 13 for the first time in six months, a hallelujah moment if there ever was one for Spiegel and the rest