Two years ago, I wrote about why I disliked regional bank stocks using Regions Financial (NYSE: RF) as a glaring example. Two years later, the stock is 18% lower since despite slow but noticeable improvements in the U.S. economy and repair in the financial sector. Most banks have had enough time to adapt to the regulatory environment. So why the poor performance?
I drilled down into Regions’....More>>>
Heres something worth remembering: Forgetfulness is a normal part of getting older. So-called senior momentssuch as having trouble recalling an acquaintances name at a party, misplacing your keys and other small lapsesarent necessarily cause for concern. Some people start to recognize changes to their memory as early as their mid-50s. More will notice a change in their 60s. By the time theyre in....More>>>
When the time comes to retire, you’ll need to find an income source to replace your salary. Unless you live an extraordinarily frugal lifestyle, Social Security benefits alone won’t cut it (although they will definitely help). Arranging for one or (preferably) more of the following options can ensure you enjoy a long and well-funded retirement, but note that some of these investments....More>>>
Box (NYSE:BOX) provides a SaaS enterprise content management platform that enables small to large organizations to securely manage enterprise content while allowing secure access and sharing of this content. It provides modern cloud architecture combined with enterprise-grade security and controls, and integration to multiple corporate technology solutions.
I believe the market....More>>>
” Even as I approach the gambling hall, as soon as I hear, two rooms away, the jingle of money poured out on the table, I almost go into convulsions.” /Fyodor Dostoevsky
The newly legislated entry into the global gaming market by Japan has raised prospects of a $30 billion market forming within the first five years of operation. As the implications of this game changing development....More>>>
By Charles Kennedy
Just over three months after the authorities lifted the four-decade ban on crude oil exports, the U.S. has actually exported less this year than it did over the same period the year before, when the ban was still in place.
According to Clipper Data market intelligence cited by the Financial Times, we’ve seen a 5 percent decline in U.S. crude oil export....More>>>
Got a Yahoo account? Here’s what should be on your radar It’s official: Hearts can be hacked.
The FDA confirmed that St. Jude Medical’s implantable cardiac devices have vulnerabilities that could allow a hacker to access a device. Once in, they could deplete the battery or administer incorrect pacing or shocks, the FDA said on Monday.
The devices, like pacemakers....More>>>
Incyte Corp (INCY) is higher Thursday, helped in part by a bullish note from Morgan Stanley.
Analyst Andrew Berens and his team reiterated an Overweight rating on the stock and raised their price target by $20, to $150. Berens writes that he sees the companys cancer drug epacadostat is a best-in-class treatment, and could be expanded to more tumor uses over time.
More detail from the....More>>>
On Wednesday, our Under the Radar Moversnewsletter suggested small cap materials and coatings stock CVD Equipment Corporation (NASDAQ: CVV) as a short/bearish trade:
As for CVD Equipment, this is a name that’s been on our watchlist for a while, but caught our eye today when it was one of the few names to be deep in the red. That move puts the finishing touches on a breakdown that’s....More>>>
Image source: Getty Images.
The average 30-year mortgage rate was 4.07% on Monday, which equates to a $481.46 monthly payment per $100,000 borrowed. (One basis point equals one hundredth of a percentage point.) A month ago, the equivalent payment was higher by $6.39.
The average 15-year mortgage rate is 3.22%, equating to a $701.21 monthly payment per $100,000 borrowed. A month ago,....More>>>