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Stocks have inched positive after the minutes from July’s FOMC meeting showed the Fed in no apparent rush to hike interest rates.
The S&P 500 has ticked up 0.1% to 2,179.41 at 2:20 p.m. today, while the Dow Jones Industrial Average has advanced 8.87 points, or 0.1%, to 18,560.89. The Nasdaq Composite has declined 0.1% to 5,224.62.
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What a difference one word makes. Cowen’s Doug Creutz and Stephen Glagola could have said that it’s not time to panic after Viacom (VIAB) said its negotiations with Dish Network (DISH) have been going nowhere. Instead, they inserted the word “necessarily,” changing the complexion of things. They explain:
After reviewing six new surveys and studies from financial services firms and the U.S. government, I’ve decided that Americans’ position on retirement planning can be summed up in, well not a word exactly, but an emoji: The Shruggie. ¯_(ツ)_/¯
Yes, people believe there’s a national retirement crisis — though they say they’re not having one personally,....More>>>
Yesterday, our Under the Radar Moversnewsletter suggested small cap Viveve Medical Inc (NASDAQ: VIVE) as a short/bearish trade:
This downtrend just firmed up with the “second wind” effort evidenced in just the past couple of trading days. After finding support for the better part of September and October, the floor finally broker in late October. A bounce started to take shape....More>>>
Forecasts of real GDP growth attract a lot of media attention. But what matters more to the person on the street is how growth translates into jobs. Unfortunately, the mediocre growth outlook of recent years may lead to a disturbing outlook for jobs, particularly among fuel-exporting countries and in the Latin America and Caribbean region.
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On January 10, the South African rand crashed about 9% in just a matter of minutes. It was the largest move for the currency since October 2008, an ominous yet poignant sign of just how bad everything was globally at that time. CNY had been pummeled up until the PBOC acted but a few days before. Even though the world was in the midst of turmoil, the incident was typically described as the collateral....More>>>
On Dec. 20, 2017, the shares of Portola Pharmaceuticals (NASDAQ:PTLA), a bioscience specializing in the innovation and commercialization of drugs to treat blood disorders and cancers increased $4.13 to $55.12 (8.09% profits for traders) as of 2:01 pm EST. Previously, in part I and II r
AMGN,AVEO,BGNE,BMY,CELG,Deals and Financings,FPRX,TCON,TRXC,VTVT,ZLAB,
Nanjing Legend Biotech received a $350 million upfront payment from Janssen Biotech, which will form a global partnership with Legend for its highly effective CAR-T candidate. In June, Legend, which was not previously well known, surprised the annual ASCO meeting with stunningly positive results
Investors searching for the top penny stocks to watch in 2018will want to take a close look at the three stocks we have on our list today, one of which is the top-performing penny stock of the year, with shares up 513.87% year to date.