On Thursday, spot gold prices rose 0.6 percent to close at $1294.8 per ounce as prices rose to nine month high, dollar at four week low. The dollar index is down more than 9 percent so far this year, set for its biggest annual loss since 2003. That’s helped lift gold nearly 5 percent from a near five – month low of $1,235.92 struck in mid....More>>>
Westpac Banking Corp raised its stake in Edwards Lifesciences (NYSE:EW) by 22.6% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 67,689 shares of the medical research company’s stock after purchasing an additional 12,500 shares during the period. Westpac Banking Corp’s holdings in Edwards Lifesciences were worth $9,444,000 as of its most recent SEC....More>>>
Two more big companies are passing savings from the tax bill along to employees.
Verizon (VZ) said in an internal memo Tuesday that it’s giving 50 shares of restricted stock to full-time employees who aren’t executives. The amount will be calculated based on Verizon’s stock value on February 1.
The company explained that the grant will vest over two years and....More>>>
Shareholders of small biotech firm Neothetics (NASDAQ:NEOT) got burned in a big way when lead candidate LIPO-202 flunked dual phase 3 trials roughly a year ago.
NEOT data by YCharts
LIPO-202 is an injectable formulation of salmeterol xinafoate, a well-known long-acting 2-adrenergic receptor agonist used in several FDA-approved drugs. It was indicated for the reduction of central....More>>>
Our newest recommendation offers consumer-oriented health benefit plans and services for a wide range of customers, explains Nicholas Vardy, editor of Vardy’s Alpha Algorithm.
UnitedHealth Group (UNH) also provides Medicaid plans, health care programs and health services through a network of one million physicians and healthcare professionals at some 6,000 hospitals and other facilities.
Wall Street analysts tend to be a bullish lot, and few have been as bullish as FundStrat’s Thomas Lee, who’s been accused of being a perma-bull. But just as his colleagues seem to be embracing another year of gains, Lee has decided to dial back the optimism. In his 2017 outlook released today, Lee wrote that he expects that S&P 500 to finish the year at 2,275, down a few points from....More>>>
Won’t $0.99 per gallon of gasoline be great? That is what some “experts” predict for the summer of 2016. Maybe it will happen; maybe it won’t. What is for sure is that the price of oil has collapsed over the past year, and many U.S. oil companies have gone out of business.
Stocks have inched positive after the minutes from July’s FOMC meeting showed the Fed in no apparent rush to hike interest rates.
The S&P 500 has ticked up 0.1% to 2,179.41 at 2:20 p.m. today, while the Dow Jones Industrial Average has advanced 8.87 points, or 0.1%, to 18,560.89. The Nasdaq Composite has declined 0.1% to 5,224.62.
Gainers Trevena Inc (NASDAQ: TRVN) rose 10.8 percent to $3.60 in pre-market trading after dropping 4.97 percent on Wednesday. Yum China Holdings Inc (NYSE: YUMC) rose 10.2 percent to $31.05 in pre-market trading after the company reported upbeat earnings for its first quarter. Seres Therapeutics Inc (NASDAQ: MCRB) rose 9.1 percent to $11.39 in pre-market trading after dropping 5.26 percent....More>>>
Investors sold shares of Newell Brands Inc (NYSE:NWL) on strength during trading on Tuesday. $18.02 million flowed into the stock on the tick-up and $72.22 million flowed out of the stock on the tick-down, for a money net flow of $54.20 million out of the stock. Of all equities tracked, Newell Br
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News articles about NetEase (NASDAQ:NTES) have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with
After winning re-election in a vote derided as a sham, Venezuelan President Nicolas Maduro is embarking on a more difficult task: persuading everyone who labeled him a ruthless autocrat that he’s allowing enough freedom to avoid more punishment or international retribution.