Spirit Airlines(NASDAQ:SAVE)has one of the lowest cost structures in the airline industry, but that doesn’t mean that the carrier is immune to the pressures its fellow airlines are facing. For example, over the last two years, Spirit’s labor costs have climbed 4 percentage points, to 20% of total revenue. This is partly due to expanded pilot and crew hiring to accommodate increased capacity,....More>>>
Small cap cloud storage stock Box Inc (NYSE: BOX), whos financialsonce had the dubious distinction of once being labeled a house of horrors in a Bloomberg interviewwithTrue Ventures Partner Om Malik, reported Q2 2018 earnings after the market closed Wednesday with shares falling in after/premarket trading. Revenue rose 28% to a record $122.9 million as deferred revenue rose 32% to $240.8 million....More>>>
The price of crude oil topped out in June 2014, then bottomed in February 2016 and has since partially recovered. During this period, the price of oil plunged by 76% and reached historic proportions, even in relation to other energy boom and bust cycles of the past. Let’s update the energy sector’s present status and use historical trends to anticipate what the future holds for investors.....More>>>
SHANGHAI–China’s central bank raised a suite of key short-term interest rates for the second time since late January, attributing the moves to shifting market expectations due to a recovering domestic economy and monetary tightening in the U.S.
The People’s Bank of China raised the interest rates it charges commercial banks in the money market on the seven-day, 14-day and....More>>>
No matter how busy she is, and even when she’s on vacation, Erin McLeod stops every night at 10 p.m. to make a phone call. On the other end is her 104-year-old friend, Henrietta Daytz, in her assisted-living facility in Sarasota, Fla. McLeod asks about Henriettas day and wishes her a good night. Shes like family now, says McLeod, president of the Senior Friendship Centers in Florida, which....More>>>
May 23, 2017: Markets opened higher again Tuesday but have not moved much higher as the session went on. The blue chips performed best with particular strength in financials. Tech stocks and consumer discretionaries are on track for a down finish. WTI crude oil for July delivery settled at $51.47 a barrel, up 0.7%. June gold dipped 0.5% for the day to settle at $1,255.60. Equities were headed for....More>>>
Gainers Trevena Inc (NASDAQ: TRVN) rose 10.8 percent to $3.60 in pre-market trading after dropping 4.97 percent on Wednesday. Yum China Holdings Inc (NYSE: YUMC) rose 10.2 percent to $31.05 in pre-market trading after the company reported upbeat earnings for its first quarter. Seres Therapeutics Inc (NASDAQ: MCRB) rose 9.1 percent to $11.39 in pre-market trading after dropping 5.26 percent....More>>>
Teva Pharmaceutical Industries (NYSE:TEVA) hasn’t had much good news lately. Shares of the Israel-based drugmaker were hit hard in the second half of 2016.
However, the company had a chance to report good news with the announcement of its fourth-quarter and full-year 2016 financial results. Here are the highlights from Teva’s update.
Image source: Getty Images.
A squirrel eats a bread ring on a sunny day on March 30, 2017 in the center of the Ukrainian capital Kiev. / AFP PHOTO / Sergei SUPINSKY (Photo credit should read SERGEI SUPINSKY/AFP/Getty Images)
The investment landscape is littered with stocks that pay dividends, as the equity markets provide an attractive opportunity for investors to receive predictable income while retaining the possibility....More>>>
U.S. stocks have dramatically outperformed the rest of the world since the financial crisis… The benchmark S&P 500 Index has soared 254% from its March 2009 bottom. Meanwhile, European and emerging market stocks have returned 150% and 106%, respectively, in that span. But suddenly, investors are no longer favoring the U.S… Money is now moving out of American....More>>>