Small cap liver biopharmaceutical stock Intercept Pharmaceuticals Inc (NASDAQ: ICPT) reportedQ2 2017 earnings before the market opened on Monday with both the top and bottom lines beating expectations plus the Companyreported that amid-stage clinical trial met its primary endpoint; but sharesended the day down13.26%. Intercept Pharmaceuticals recognized $30.4 million of net sales of Ocaliva for....More>>>
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Sears Holdings Corp. (Nasdaq: SHLD), a company that has been around for more than 130 years, was at one time the largest mail-order retailer to rural America. In 1931 it accounted for more than 53.4% of total mail-order sales. It survived through not only one but two world wars and the Great Depression.
In its early years, Sears transformed the middle class by giving it access to products....More>>>
ICICI Direct has come out with its fourth quarter (Jan-March 18) earnings estimates for the Auto & Auto Ancillary sector. The brokerage house expects Maruti Suzuki to report net profit at Rs. 2,066.7 crore up 20.9% year-on-year (up 14.9% quarter-on-quarter).
Net Sales are expected to increase by 15.3 percent Y-o-Y (up 9.7 percent Q-o-Q) to Rs. 21,144.3 crore, according to ICICI Direct.
Kraft Heinz has put its plans to buy British and Dutch food and personal care products conglomerate Unilever back on the shelf after Unilever turned down its $140 billion bid.
But the ketchup and macaroni and cheese king could still be interested in shopping for another big maker of supermarket staples.
Kraft Heinz (KHC) is backed by Warren Buffett. His Berkshire Hathaway (BRKB)....More>>>
Payless has suffered from staggering debt and declining sales in a challenging retail landscape. (Photographer: Daniel Acker/Bloomberg)
Payless ShoeSource has become the most recent retailer to file for bankruptcy in the face of hard times.
The discount shoe store sought Chapter 11 bankruptcy protection on Tuesday, saying it needed to shore up its balance sheet in order....More>>>
The mainstream media is comparing Bitcoin to the “Tulip Mania” of the 17th century, a famous speculative bubble of tulip prices. But Bitcoin is not in a price bubble…
During Tulip Mania, tulips would soar to such astronomical value that 10 tulip bulbs could buy a mansion. Prices eventually collapsed in 1637, making the flower worthless and creating a lesson for all....More>>>
Russ Kaplan is a leading money manager with a value-oriented and contrarian approach to very long-term investing; here’s a look at his top growth idea for the coming year.
One of the few places of value in this market is the home building stocks and our Top Pick for growth-oriented investors is D. R. Horton (DHI), which is a home building stock.
D.R. Horton is more than just....More>>>
The volatility index, or VIX once again closed under 12 percent last Friday. It has hovered in the range of 10-13 percent for the entirety of 2017 after it collapsed from a high in the low twenties following the Presidential election.
That seems like eons ago, right? And with this low volatility comes frustration for those sitting on the sidelines waiting to get involved with the stock....More>>>
Citigroup’s Alastair Syme and Fernando Valle point to ConocoPhillips’ (COP) plan to sell “stranded” assets as the one big surprise from the oil giant’s investor update yesterday. They explain:
Agence France-Presse/Getty Images
The core elements of Conocos strategy update had by and large been flagged to the market through the course of this year....More>>>