Massachusetts Financial Services Co. MA trimmed its holdings in shares of Zimmer Biomet (NYSE:ZBH) by 8.5% during the first quarter, HoldingsChannel reports. The institutional investor owned 15,053,800 shares of the medical equipment provider’s stock after selling 1,404,161 shares during the quarter. Massachusetts Financial Services Co. MA owned 0.07% of Zimmer Biomet worth $1,641,467,000....More>>>
Wednesday November 15: Five things the markets are talking about
Market risk-off continues to dominate capital market moves; both European and Asian stocks have seen ‘red' in their sessions while bonds and gold prices advanced.
The dollar had fallen to its lowest level in nearly three weeks overnight, reflecting the diminishing expectations that Republicans will be able to....More>>>
The U.S. dollar resumed its selloff on Tuesday, giving back part of the previous days rally as the bullish case for its main rival, the euro, was reaffirmed by strong economic growth data.
U.S. 10-year Treasury yields, which guided the dollar higher on Monday, slipped earlier in the session and weighed on the buck. They since recovered though the dollar remained under pressure.
Equities analysts expect that FactSet (NYSE:FDS) will post $339.71 million in sales for the current quarter, according to Zacks. Eight analysts have made estimates for FactSet’s earnings, with the lowest sales estimate coming in at $336.16 million and the highest estimate coming in at $342.00 million. FactSet posted sales of $312.12 million during the same quarter last year, which would indicate....More>>>
President & CEO of Laboratory Corp Of America Holdings (NYSE:LH) David P King sold 49,966 shares of LH on 05/23/2018 at an average price of $175.37 a share. The total sale was $8.8 million.
Laboratory Corp of America Holdings is a healthcare diagnostics company. It is engaged in providing comprehensive clinical laboratory and end-to-end drug development services. It operates in two segments:....More>>>
Investor reaction to stellar first-quarter earnings reports has been notoriously tepid, with consumer stocks a particularly glaring example of this unusual trend.
Profits broadly are on track to grow nearly 26 percent for the three-month period, the strongest showing in nearly eight years. Stocks, by contrast, have not benefited. The S&P 500 is up barely 2 percent for the year, with most....More>>>
Marijuana is one of the fastest-growing industries in North America, with sales expected to climb from $6.7 billion in 2016 to over $20 billion by 2020. That’s an increase of 198% in just four years.
Because of that huge industry growth, we provide Money Morning readers with the top marijuana stocks to watch each week. These are the pot stocks with the most buzz this week and aren’t....More>>>
The stock market climbed sharply on Thursday, responding well to favorable earnings results from several corners of the market. Major benchmarks were up 1% to 2%, with particularly good performance from the Nasdaq Composite thanks to the tech sector’s outperformance during the day. Yet some stocks suffered from bad news that cast doubt on companies’ ability to benefit from generally....More>>>
We’ve compiled a list of the most heavily shorted stocks to show you which stocks have the most negative sentiment on the market…
Company Name (Ticker)Short FloatShare PriceHanwha Q Cells Co. Ltd. (Nasdaq ADR: HQCL)98.52%$ 8.88Renren Inc. (NYSE: RENN)91.59%$ 8.53Weight Watchers International Inc. (NYSE: WTW)67.92%$12.57INSYS Therapeutics Inc. (Nasdaq: INSY)66.71%$10.74Twilio....More>>>
Many investors believe the popular narrative that Amazonis crushing brick-and-mortar retailers. The e-commerce titan certainly humbled plenty of them, but some retailers continue to expand by opening new stores.
The top three dollar-store chains in America, for example, opened more than 1,800 stores last year. Dollar General(NYSE: DG) led the pack, followed by Dollar Tree(NASDAQ: DLTR) and....More>>>