Shares ofAnika Therapeutics Inc(NASDAQ:ANIK), a small-cap biotech focused on regenerativemedicine, were down 36% as of 11:10 a.m. EDT on Tuesday. The stock plummetedafter the company reported data from an important phase 3 study.
Headlines about Spherix (NASDAQ:SPEX) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale
We’ve noted before that for all the attention Macau gets, the real action for casinos these days is in Las Vegas. In a report issued today, Gabelli’s Adam Trivison touts the importance of Nevada for Boyd Gaming (BYD) and MGM Resorts International (MGM), which have large Nevada footprints, and for Wynn Resorts (WYNN) and Las Vegas Sands (LVS), which don’t:
Rethink Technology business briefs for April 27, 2018.
Seasonally negative coverage
Source: Yahoo Finance
Over the past few years, I’ve become accustomed to a seasonal downturn in Apple’s (AAPL) share price that roughly correlates with the seasonal downturn in iPhone sales. The weakest period for iPhone sales typically is in the April-September time frame. As....More>>>
Cisco Systems, Inc. (NASDAQ: CSCO) reported fiscal third-quarter financial results after markets closed Wednesday. The networking giant said that it had $0.60 in earnings per share (EPS) and $11.9 billion in revenue, which compares with consensus estimates from Thomson Reuters that called for $0.58 in EPS and $11.9 billion in revenue. The same period from last year had $0.57 in EPS and $12.0 billion....More>>>
The S&P 500 is stuck in its narrowest range in nearly half a century and trading volume is plumbing multi-month lows. But by September, investors may be pining for the dog days of summer, with data suggesting that it is historically the worst month for stocks.
Since 1928, the S&P 500 has dropped in September 56% of the time, according to Bank of America Merrill....More>>>
General Electric Company (NYSE:GE) has missed earnings estimate only once in last 26 quarters. Flickr
Boston, Massachusetts-based industrial giant General Electric Company(NYSE:GE) is scheduled to report its first-quarter 2017 earnings on Friday, 21st Aprilbefore the market opens. GE has had a rough 2016 with revenues and margins coming under pressure. While GE certainly did not earn....More>>>
U.S. small-caps have rebounded nicely off their February lows, but the benchmark Russell 2000 Index is still saddled with a modest year-to-date loss. Exchange-traded funds investors have the benefit of choosing from myriad small-cap funds, some of which have been solid performers this year.
One of the residents of the solid small-cap ETF group is the unheralded WisdomTree Global SmallCap....More>>>
It’s apparent that Chevron (NYSE:CVX) has decided to forego its past practice of exploring for and developing giant projects over the next several years, as it focuses on accelerating production with its shale assets, which now includes about 2 million Permian acres with over 9 billion barrels of oil.
Chevron is counting on quickly ramping up production....More>>>
In October 2016, I started a podcast called Future Tech Podcast in which I interview founders and CEOs in the stem cell, 3-D printing, blockchain/cryptocurrency, artificial intelligence, brain-computer interface, nanotech and other up-and-coming industries.
As I interviewed experts from all over the tech world, I became more and more intrigued by bitcoin, blockchain....More>>>
Mid cap fabless semiconductor stock Marvell Technology Group Ltd (NASDAQ: MRVL) reported Q2 fiscal 2018 earnings after the Thursday market close with results beating Wall Street expectations. Q2 revenue was $604.750 million (which exceeded the midpoint of the Company’s guidance provided on May 25, 2017) versus $597.346 million. GAAP net income from continuing operations was $165.259....More>>>
Wealthstreet Investment Advisors LLC cut its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 1.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 131,935 shares of the network equipment provider’s stock
So far this year Boeing (BA) is having a strong start looking at its financial results, but also when looking at the order book the jet maker is seeing some appreciable order inflow. One of the programs that could use some order inflow to avoid a further cut in production is the Boeing 777 progr
Being a member of the esteemed Dow Jones industrial average index is supposed to come with prestige. After all, there are only 30 companies at a time that can actually be a Dow stock. These companies are supposed to represent a major portion of the industrial business climate or to dominate a ma
Gatorade Zero, a thirst quencher without sugar or carbs, hit stores around the country this week. It comes in orange, lemon lime, and glacier cherry, and is priced in line with the brand's classic sports drink.
United Technologies Co. (NYSE:UTX) has been given a consensus recommendation of “Buy” by the twenty research firms that are covering the stock, Marketbeat.com reports. Seven analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Th