We have been waiting for an attractive entry point to buy Fabrinet (NYSE:FN) for a couple of months now as the stock has continued its impressive climb upwards. And, after the stock’s recent sell-off over the past few weeks, we believe that now is a great time to buy.
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Brief Company Overview
Fabrinet is a high-tech contract manufacturer for some of the....More>>>
Shares of Fred’s (FRED) are up more than 3% today after activist investorAlden Global Capital announced a 25% stake in the retailer. But that’s pocket change compared to the 81% rise on Tuesday following the announcement that Fred’s would more than double in size by buying more than 800 stores from Rite Aid (RAD) and Walgreens Boots Alliance (WBA).
Related IAG Earnings Scheduled For February 17, 2016 Benzinga's Top Upgrades IAMGOLD: Get It While The Gettins' Good (Seeking Alpha) Related ABX Earnings Scheduled For February 17, 2016 Benzinga's Top Initiations Barrick Gold Wants To Reduce Its Debt By $2 Billion....More>>>
New York has some of the strictest medical marijuana laws in the country, but a major tweak to current laws could increase patient access and help those in need.
According to NBC New York, 750 physicians have signed up to participate in medical marijuana programs, and 10,730 patients have been certified for medical marijuana use. But because of the restrictions, access to medical marijuana....More>>>
Higher yields, weaker gold and utility stocks have hurt “flight to safety” investments.
The rise in the 30-year bond yield held its 200-week simple moving average at 3.05% over the past two weeks. And the gold bullion exchange-traded fund held its 61.8% Fibonacci retracement level of $112.04 on Friday.
The yield on the 30-year U.S. bond rose to as high as 3.091%....More>>>
Credit Suisse analyst and teamGregory Lewis and team contend that Noble (NE) is “positioning for [an] eventual recovery” in offshore drilling, with emphasis on the word “eventual” but worry about They explain:
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We had the opportunity to host meetings with Nobleearlier this week. Management focused on its strong medium-term....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>>>
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins
Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) are two companies in conservatorship that have recently been allowed to keep $3B each as part of a capital buffer. It's amazing that $3B is good enough during normal business to protect these two companies from quarterly draws considering they