In the battle between the media titans, Walt Disney Co (NYSE:DIS) appears to have the upper hand against Comcast Corporation (NASDAQ:CMCSA). Both have placed substantial bids for Twenty-First Century Fox Inc (NASDAQ:FOXA), as acquiring it aligns with each competitor’s long-term strategy. That said, Fox shareholders prefer Disney. If this deal is finalized, what will Comcast Corporation buy....More>>>
This Top Pick for 2017 may very well have the best and broadest early-stage oncology pipeline with 12 drug development candidates, suggests Jay Silverman, editor The Medical Technology Stock Letter.
Incyte (INCY) is poised for a strong performance in 2017 that will be driven by three major catalysts.
The first is that the firm’s drug Jakafi will continue to be a compelling....More>>>
Bitcoin’s biggest long-term threat isn’t big governments and central banks. It’s the very technology behind Bitcoin that can be used to create other cryptocurrencies.
This is evidenced by the rapid growth in supply of other cryptocurrencies that are competing with Bitcoin. A larger supply of cryptocurrencies has the potential of eventually crushing Bitcoin....More>>>
Amazon.com’s (NSDQ:AMZN)double digit growth story continues to stay in trend despite the companys top line increasing in the tens of billions each year. Amazons annual revenue has grown around the 20% level in the last three years, and during the first nine months of fiscal 2016, Amazons total revenue has shot up from $71.259 billion last year to $92.246 billion this year, a growth of 29.45%.....More>>>
U.S. stocks finished higher Thursday with the major indexes all notching the latest in a series of record closes, with energy and financial stocks leading the way.
Stocks, already in the green, gained altitude on the day and the U.S. dollar ....More>>>
On June 21, 2017, an Ethereum “flash crash” sent cryptocurrency owners into a full-fledged panic. The Ethereum price crashed to a low of $0.10 from $319 on the GDAX cryptocurrency exchange. Shortly after the event, GDAX Vice President Adam White wrote in a June 21 blog post that there were no indications of wrongdoing.
The temporary crash, which reportedly took place in a....More>>>
Five years ago I met with participants in the New York Teamsters Road Carriers Local 707 Pension Fund who wanted an answer to the question of how their pension, which was fully funded in 2000, could be on the brink of insolvency. What caused their pension to plummet in value in the past decade-plus? Was the demise entirely unforeseeable, due to unknowable market forces or was foul-play involved?
The U.S. dollar fell against its major rivals on Wednesday, reversing an earlier advance as the latest commentary from the Federal Reserve indicated a desire to hike rates fairly soon, but expressed uncertainty about President Donald Trumps fiscal policies.
The WSJ Dollar Index ....More>>>
Can the Trump Stock Rally Last?
Bob Rodriguez: Trump Might Be Acting; Huge Financial Crisis Still Looming
Why Former Reagan Official Stockman Sees a Huge Trump Correction
Sen. Elizabeth Warren on Wednesday told Treasury Secretary Steve Mnuchin to “follow through” on his commitment to investigate reports that Anthony Scaramucci, while acting as a “Trump translator”....More>>>
Shares of Urban Outfitters (URBN) are soaring today following its earnings release last night–and big part of the reason is its success with millennials. UBS analystMichael Binetti and team explain:
Urban Outfitters reported 2Q EPS of $0.66, well ahead of our $0.52 and Street $0.55. Same-store sales increased +1% (vs UBSe -3.9%; Street -1.1%) with....More>>>