After five years of strong growth in apparel and footwear, Nike’s (NYSE: NKE) shareholders were rewarded with returns in excess of 100%. These returns greatly outpaced the 80% return delivered by the S&P 500 (NYSEARCA:VOO) over the same time frame. Unfortunately, 2016 was a tough year for Nike’s shareholders. Holders of Nike’s stock witnessed the stock price tumble over 15%....More>>>
Biotech stocks have climbed steadily higher over the past few weeks. Still, the iShares Nasdaq Biotechnology ETF (IBB) has remained range bound between $240 and $290 for much of 2016.
So with major stock indices hitting new record highs, can biotech stocks break free? Perhaps, says Michael Yee, the industry analyst for RBC Capital Markets. But first, the market wants the political rhetoric....More>>>
It’s been a long time since Valeant Pharmaceuticals (NYSE:VRX) stock was in a legitimate uptrend. Despite the hiring of a new CEO last year to right the ship, Valeant’s share price has continued to fall.
The question that investors must ask now isn’t when Valeant will turn things around. Instead, the key question is whether it will happen at all. Can Valeant Pharmaceuticals....More>>>
Wall Street on Monday didn’t just cash in on one winner, or a daily double, or even a trifecta. It notched astock market-style superfecta, with all four major U.S. stock indexes — representing blue chip names, technology stocks, small caps and large-company stocks — all closing at record highs on the same day for the first time in 17years.
Visa (NYSE:V) is a leading global technology company that connects consumers, merchants, banks, and governments with the use of its global electronic payment network. Visa’s primary revenue stream comes from personal consumption expenditures. In the past five years, Visa was able to grow revenues at a double-digit rate, although global personal consumption expenditures....More>>>
The San Andreas fault runs along the coast of California from Humboldt County in the north to near the Mexican border in the south, and it could simultaneously rupture along its full length, causing nearly $300 billion in property damage.
Based on the most recent data from the Uniform California Earthquake Rupture Forecast, Version 3 (UCERF3), a magnitude 8.3 quake is between 32% and 126%....More>>>
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins