Friday was a mixed day for the stock market; the Dow Jones Industrials fell slightly even as the S&P 500 (SNPINDEX:^GSPC) and Nasdaq Composite finished higher. The S&P 500’s gains of about a fifth of a percent were propelled in part by favorable economic data showing that retail sales climbed by 0.6% in December, driven by strong performance in the automotive sector. Solid bank earnings....More>>>
The tech-heavy Nasdaq closed higher for a fourth straight session Wednesday, while the Dow industrials finished lower, as stock investors digested hawkish comments from Federal Reserve speakers and a drop in U.S. gasoline inventories bolstered the energy sector.
The Nasdaq Composite Index
Buckeye Partners, L.P. (NYSE: BPL): A Brief Introduction
“Buckeye Partners, L.P. is a publicly-traded master limited partnership that provides mid-stream energy logistics services. Buckeye owns and operates one of the nation’s largest independent petroleum products common carrier pipeline networks providing refiners, wholesalers, marketers, airlines, railroads and other commercial....More>>>
Related Benzinga's Top Initiations Barclays Bullish On Cotiviti Shares Related MDVN Mid-Afternoon Market Update: CIFC Rises Following Acquisition News; Marathon Oil Shares Slide 10 Biggest Mid-Day Gainers For Monday Pfizer Pays Up (Seeking Alpha) ....More>>>
Three initial public offerings (IPOs) on last week’s calendar made it out the door and there are four new IPOs on this week’s list.
Among last week’s IPOs, Chinese-education company Bright Scholar Education Holdings Ltd. (NYSE: BEDU) sold 15 million shares at $10.50, above the expected range of $8 to $10 and raised $158 million. The first-day pop rang in at 28% and the stock....More>>>
Howard Schultz, who helped turn Starbucks into an iconic global brand as well known for its activism as its coffee blends, will step down from the role of CEO in April.
Schultz will become the companys executive chairman, concentrating on ramping up Starbucks Reserve Roasteries, a new premium experience that the company is betting on to boost growth worldwide, as well as the companys well-known....More>>>
Federal prosecutors are pursuing a potential settlement of their record-settingforeign corruption lawsuit that seeks$1 billion in assets, including future proceeds from the 2013 Hollywood hit movieThe Wolf of Wall Street.
Characterized by federal officials as the largest attempted seizure under anti-kleptocracy laws in U.S.history, the case targets officials who allegedly misappropriated....More>>>
William Patalon III
As you folks know, I don’t have much use for Wall Street analysts.
At least, not as a group.
But over the years, there’s been some individual analysts whom I’ve liked and respected a great deal.
One of those analysts was a gent named Michael W. Ellmann, a onetime Shakespearian literature professor who’d become a securities....More>>>
Micron Stock Has Strong Momentum
Micron (NSDQ:MU)stock has been on atear of late gaining more than 65% in the last six months compared to 12% gain in the NASDAQ in the same period.The bullish run in the stock price was triggered by aspate of goodnews, including improvingfundamentals and demand supply economics in DRAM and NAND segments. The recent run in the stock has changed....More>>>
U.S. stock futures were lower early Friday, but were paring deeper losses that came after U.S. gunships struck targets in Syria with dozens of Tomahawk cruise missiles.
The military action late Thursday U.S. time put investors on edge on a day already loaded with market sensitive events, with the summit between President Donald Trump and his Chinese counterpart Xi Jinping set to continue....More>>>