Stocks finished the week lower as oil prices fell and the Federal Reserve looks set to raise interest rates next week.
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The S&P 500 fell 0.4% this week after rising 0.3% to2,372.60 today, while the Dow Jones Industrial Average dropped 0.5% this week after advancing44.79 points, or 0.2%, to20,902.98 today. The Nasdaq Composite dipped 0.2%....More>>>
Shares of Radius Health (NASDAQ:RDUS) rose over 20% Monday morning after Amgen (NASDAQ:AMGN) announced worrisome complications were discovered during a phase 3 trial for its osteoporosis drug candidate, Evenity. While the drug candidate met its primary endpoint in a more than 4,000-patient phase 3 study, a high rate of serious heart-related side effects were discovered. The....More>>>
It’s a good time to buy a home. Accordingto the Mortgage Bankers Association, getting approved for a home loan is easier than it has been at any time in this past decade, with lenders recently approving 77% of loans, up from 71% in mid-2015. On top of that, interest rates are still extremely low, historically speaking.
You might want to act relatively quickly, though, as interest rates....More>>>
This summer has been arguably the quietest and least volatile for the U.S. markets, but that hasn’t kept investors from making money. Ask the fund managers who study precious metals and emerging markets, they are sure to agree.
During the fourteen-week period between the Memorial Day and the Labor Day, better known as the “sell in May and go away” period, mutual funds from....More>>>
Shares of auction house Sotheby’s (NYSE:BID) jumped as much as 14.7% in trading Monday after the company released fourth-quarter results. And shares kept steaming, trading 13.6% higher as of 12:30 p.m. EST.
Revenue for the quarter fell 8.1% to $308.7 million, but the company did swing from a loss of $11.2 million to a profit of $65.5 million,....More>>>
We initiate a BUY rating on ATN International, Inc. (NASDAQ:ATNI), and our target price is $74.9. ATNI is an expanding company investing worldwide both in telecommunications and renewable energy industries. Its international and multi-industrial investing strategies successfully overcome the decline in U.S. telecommunications business, which ensures a stable growth rate for the company. The stable....More>>>
Deutsche Bank’s Jorge Beristain and Chris Terry released their earnings preview for the gold miners–including Barrick Gold (ABX), Goldcorp (GG), Franco-Nevada (FNV), and Coeur Mining (CDE)–and conclude that only one gold miner deserves a Buy rating: Newmont Mining (NEM). They explain why:
During 2Q16, the gold price averaged $1,255/oz, a $71/oz....More>>>
TransCanada (NYSE: TRP) is a $42 billion North American oil company headquartered in Calgary, Alberta that develops energy infrastructure. As we will see throughout this article, TransCanadas significant history of returns, combined with a growing market, and the companys growth projects means t
Image:The semi-submersible Spitsbergen from Transocean
Transocean (RIG) is definitely one of the best offshore drillers with a record backlog of over $14 billion - as of 2/21/17 not including options that could add over $8 billion - after the acquisition of Son
Don’t look now, but the S&P 500 is having its third-best year in the past decade, which is amazing when you consider we’ll be entering the tenth year of the bull market in March. It’s a big indication the 2008 financial crisis is clearly in the rearview mirror, making it
Small cap cloud storage stock Box Inc (NYSE: BOX), whos financialsonce had the dubious distinction of once being labeled a house of horrors in a Bloomberg interviewwithTrue Ventures Partner Om Malik, reported fiscal Q3 2018 earnings (ended October 31, 2017) after the market closed Wednesday with
Money Morning Chief Investment Strategist Keith Fitz-Gerald is so confident he can show you how to make 350% total gains, on average, every week – including full and partial closeouts – that he's putting $9.75 million on the line.