Has Gilead (NASDAQ:GILD) moved so far from R&D and product development within its most core franchise, HIV/AIDS, that it has forgotten to protect those crown jewels quite as thoroughly as it might? Clearly, its HIV/AIDS franchise is strong and probably getting stronger. Yet ViiV is challenging it and in some ways, as shown below, it may be that GILD has ignored that challenge....More>>>
The year has gotten off to a difficult start in the stock market. The major averages plunged as much as 10%, which is the common definition of a correction. Now the speculation is that a bear market (one that falls at least 20%) will follow. How you view these events is a matter of your personal perspective.
Apogee Enterprises Inc (NASDAQ:APOG) files its latest 10-K with SEC for the fiscal year ended on February 28, 2017. Apogee Enterprises Inc is engaged in the design and development of value-added glass solutions for enclosing commercial buildings and framing art. Apogee Enterprises Inc has a market cap of $1.71 billion; its shares were traded at around $54.52 with a P/E ratio of 18.43 and P/S ratio....More>>>
Related TRST Earnings Scheduled For October 21, 2016 Major Accounting Changes Are Coming To The Financial Industry Related MORN One Of The World's Most Powerful Women, Fidelity Personal Investing President Kathleen Murphy, To Tell Her Story At The Benzinga....More>>>
In February, the shortest month of the year, copper, gold, and oil company Freeport-McMoRan Inc (NYSE:FCX) saw its shares tumble by nearly 20%. After a roughly 95% price gain in 2016, it was a painful reminder of years past, when Freeport-McMoRan was dealing with the aftermath of an ill-timed oil investment.
Shortly before oil prices started to fall....More>>>
Teck Resources (NYSE:TECK) performed exceptionally well in 2016, rising from the low single digits to the mid-$20s. I don’t think the stock will repeat that strong performance in 2017. However, I do think the stock will outperform the S&P 500 with strong double-digit gains. Teck Resources’ recent 20% pullback has the stock at an oversold level. The stock remains undervalued as compared....More>>>
The U.S. economy is expected to strengthen next year, in part because of the government stimulus proposed at by President-elect Donald Trump, but job growth is likely to slow as the recovery approaches its eighth anniversary, according to a recent survey of economists.
The economy is projected to grow at a 2.3% annual rate in 2017, up from an estimated 1.6% this year, according to the average....More>>>
All major U.S. stock indices posted gains last week except for the tech-heavy Nasdaq 100, which fell 1.5%. The losses in this typically market-leading index were driven in large part by the 3.8% drop in Apple (Nasdaq: AAPL). Although the trend in the market is clearly positive, the recent weakness in technology may become problematic if it persists for more than a week or two.
Oil prices are coming back to life. Global demand is soaring on the back of booming global GDP growth and oil inventories are plummeting even during winter which is a historically slow period for demand. As oil prices and the cash flow of oil companies rise, oil producers will inevitably return