Cerus Corporation (CERS) is a $271 million market cap company focused on blood transfusion products. The company has viable products and anticipates it’s increasing sales of platelet products is removing some previous sales ramp uncertainty. By expanding its supply agreement with the French National Blood Service, EFS, and the American Red Cross (plus increased funding from BARDA), Cerus is....More>>>
June can be a rough month for U.S. stocks. The sixth month of the year is the fourth-worst for both the S&P 500 and the Dow Jones Industrial Average.
Not surprisingly, that the theme of broader market weakness in June trickles down to the sector level. Just two of the original nine sector SPDR exchange traded funds have averaged June gains since inception, according to CXO Advisory.
Whittier Trust Co. of Nevada Inc. raised its position in Jack Henry & Associates (NASDAQ:JKHY) by 42.5% in the first quarter, Holdings Channel reports. The fund owned 3,154 shares of the technology company’s stock after buying an additional 940 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Jack Henry & Associates were worth $381,000 as of its most....More>>>
Traders, investors and Star Wars fans alike must be thrilled with Walt Disney Co (DIS, $110.57) these days. As well they should.
In successive days, Disney announced a deal to acquire a large part of 21st Century Fox (FOXA) and debuted the latest installment of the Star Wars saga in a wide release. Whether Star Wars: The Last Jedi can eclipse the $2 billion mark like 2015s Star Wars:....More>>>
Toward the end of trading Wednesday, the Dow traded down 0.03 percent to 24,780.11 while the NASDAQ climbed 0.41 percent to 7,310.57. The S&P also rose, gaining 0.27 percent to 2,713.72.
Leading and Lagging Sectors
Wednesday afternoon, the energy shares climbed 1.59 percent. Meanwhile, top gainers in the sector included SeaDrill Limited (NYSE: SDRL), up 77 percent, and EP Energy....More>>>
Toward the end of trading Wednesday, the Dow traded down 0.38 percent to 23,321.54 while the NASDAQ declined 0.33 percent to 6,715.50. The S&P also fell, dropping 0.35 percent to 2,569.80.
Leading and Lagging Sectors
Wednesday afternoon, the telecommunications services sector proved to be a source of strength for the market. Leading the sector was strength from Consolidated Communications....More>>>
New York, NY, based Investment company Grandfield & Dodd, Llc buys Enbridge, Johnson Controls International PLC, M&T Bank, Albemarle, Walt Disney Co, Gilead Sciences, US Bancorp, Abbott Laboratories, Vanguard Large-Cap ETF – DNQ, Clorox Co, sells Spectra Energy, St Jude Medical, Nordstrom, Emerson Electric Co, Chubb during the 3-months ended 2017-03-31, according to the most recent....More>>>
U.S. company-debt investors fear the Fed more than they fear defaults.
That’s what U.S. bond and loan markets are signaling now. Safer types of debt, like Treasuries and investment-grade corporate bonds, have dropped this year. But the riskiest high-yield bonds — rated in the CCC range– gained 0.9 percent through Wednesday. And loans to junk-rated companies have risen even....More>>>
On Thursday, our Under the Radar Moversnewsletter suggested small cap green energy stock American DG Energy (NYSEMKT: ADGE) as a long trade:
As for American DG Energy, today’s push above a technical ceiling at $0.34 is telling, though that clue is made more telling when you see the short-term moving average lines have given us key bullish crosses over the course of the past couple of....More>>>
Morocco plans to build plants to produce another 800 megawatts of solar power, just months after attracting bids for its Midelt project as the North African country moves to curb energy imports.
Initial tenders for the Noor PV II project will be announced in a “few months,” Obaid Amrane, a member of the Moroccan Agency for Sustainable Energy’s management board, said Wednesday....More>>>