Boston, MA, based Investment company Fmr Llc buys Bank of Americaoration, Goldman Sachs Group, Coty, LyondellBasell Industries NV, Centennial Resource Development, Flowserve, Morgan Stanley, Northrop Grumman, CBOE Holdings, Capital One Financial, sells Medtronic PLC, Roper Technologies, CVS Health, NXP Semiconductors NV, Alibaba Group Holding during the 3-months ended 2016-12-31, according to the....More>>>
When I initiated coverage on Xerox (NYSE:XRX), I concluded that the stock wasn’t dead, and in January, I opined the name was also not “dead money.” That is important to reiterate. But this once stellar blue chip has certainly fallen from grace, big time. I then told you that the company was “not dead yet.” But friends, are we approaching the death of Xerox? I mean,....More>>>
No company’s market cap has ever reached $800 billion. Apple Inc. (NASDAQ: AAPL) is about to touch that goal. It only has to go 9% higher. And, based on the stock surge this year and speculation that the iPhone 8 will trigger unprecedented demand for the smartphone, it may breach that level soon.
Apple has posted the largest increase in share price this year of any component of the....More>>>
Intersect ENT (NASDAQ:XENT) is a commercial drug-device company that has developed a drug releasing bioabsorbable implant technology, which enables targeted and sustained release of therapeutic agents. This technology is designed to help ear, nose and throat or ENT physicians to improve patient care, specifically aiding in the treatment of chronic sinusitis. According to....More>>>
Back in October 2016, the Federal Communications Commission (FCC) imposed privacy rules that required Internet and mobile phone corporations to get consent from their customers before sharing personal data with advertisers.
But yesterday (March 28) — amid news of the Russian spy scandal, the failed healthcare vote, the Gorsuch hearing, and more — the House voted to repeal....More>>>
On Friday, our Elite Opportunity Pronewsletter suggestedhad this to say about gold and leveraged gold ETFs:
It’s our thinking gold is likely to reverse its recent bullish trend one more time before we’ll know if it wants to finally bottom for a good while. It’s important to remember hindsight is always brilliant, and it can make a fool out of anyone. However, we’re....More>>>
April 7, 2017: Markets opened nearly flat Friday and did not gather any positive strength until mid-day. Telecom and consumer staples were the top performing sectors while the utilities and energy sectors lagged. WTI crude oil for May delivery settled at $52.24 a barrel, up 1% on the day and at its highest level since March 7. June gold added 0.3% on the day to settle at $1,257.30. Equities were....More>>>
SpaceX has received the FAA go ahead to launch a fresh rocket into space, just days before it is scheduled to blast off.
SpaceX’s Falcon 9 rocket will launch with 10 Iridium NEXT satellites. According to the satellite maker, the launch is scheduled for Monday at 10:22 am PST, barring complications due to weather.
SpaceX hasn’t attempted to launch a rocket since September....More>>>
Big banks have gotten a boost today from JPMorgan Chase’s (JPM) dividend increase, and the hawkish Fed minutes, because higher rates are still expected to help banks out despite what happened last time. In a note previewing Wells Fargo’s (WFC) investor day on May 24, Jefferies analyst Ken Usdin and team write that “higher rates help, but other items weigh on longer-term net-interest-margin....More>>>
After five weeks of consecutive gains, the major U.S. stock indices closed in the red last week. They were led lower by the Russell 2000, which declined 2%.
In the March 14 Market Outlook, I said that a chart pattern in the Russell 2000 targeted an eventual 19% decline to 880 as long as the 1,096 area loosely held as overhead resistance. The small-cap index traded as high as 1,104 on March....More>>>