Monsanto (MON) is a one of the leading companies in the agrochemical and agricultural biotechnology sectors and is at the forefront of genetically engineered seeds. Over the years, Monsanto has become the flagship of negative publicity and sentiment in the farming community. For shareholders, however, there lies some very good news in the companys imminent future. In the wake of the Monsantos acquisition....More>>>
Shares of Axis Bank witnessed extreme movements in morning trade as the scrip recovered from 3 percent lows to be trading over 5.5 percent higher. Experts were anticipating a lower opening on the back of its dismal performance in the March quarter.
The stock touched an intraday high of Rs 522.00 and an intraday low of Rs 479.00.
Among key possibilities for the rise could be attractive....More>>>
The shuttered Trump Taj Mahal casino in Atlantic City has found a buyer.
The new owner will be a group of investors led by Hard Rock International, the company behind Hard Rock Cafe.
President Trump once operated the hotel, but financed the project with junk bonds and could not cover their payments. He parted ways with the place in 2009.
Carl Icahn, who serves as an adviser....More>>>
Warren Buffett attends the world premiere screening of HBO’s “Becoming Warren Buffett” at The Museum of Modern Art on Thursday, Jan. 19, 2017, in New York. (Photo by Charles Sykes/Invision/AP)
Warren Buffett rarely likes technology stocks.
His rationale? Stick with what you know. Buffett readily admits that he does not understand technology so he has avoided investments....More>>>
Cimarex Energy (NYSE:XEC) was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Monday.
Several other research firms have also issued reports on XEC. Piper Jaffray reaffirmed a “hold” rating and issued a $138.00 price target on shares of Cimarex Energy in a research....More>>>
Australia, one of the world’s biggest users of rooftop solar panels, likely added the most new capacity on record last year as electricity users sought to ease escalating power bills.
A preliminary estimate by Australia’s Clean Energy Regulator of 1.05 gigawatts installed last year would be a record for the country, the government body said in an emailed statement....More>>>
New York, NY, based Investment company Owl Creek Asset Management, L.P. buys T-Mobile US Inc, Delta Air Lines Inc, Verizon Communications Inc, Industrea Acquisition Corp, NRG Energy Inc, Pensare Acquisition Corp, Sprint Corp, Kayne Anderson Acquisition Corp, Navios Maritime Acquisition Corp, Social Capital Hedosophia Holdings Corp, sells Herbalife, United Continental Holdings Inc, CIT Group Inc,....More>>>
Penny stocks those stocks that trade for low prices, often with share prices of less than a dollar per share are dangerous. Period. Indeed, with a few exceptions, investors should steer clear of these uber-cheap stocks, which typically trade over-the-counter and not on a major exchange.
Call them penny stocks, microcaps or OTC stocks; by any name, theyre bad news. Promises of quick....More>>>
Stocks discussed on the in-depth session of Jim Cramer’s Mad Money TV Program, Friday, January 6.
The next week will be about drug and bank stocks. Apart from the earnings, Cramer will be eyeing the JPMorgan Healthcare conference as it is the biggest of its kind and can provide insights into drug stocks. With that, he discussed his game plan for the week.
1. Blame the bonds: The normally boring bond market is causing serious drama on Wall Street.
An avalanche of selling sent the Dow and S&P 500 careening 5% lower last week, one of the stock market’s worst weeks since the 2008 financial crisis.
The culprit: Rapidly rising bond yields are alarming investors who got hooked on a decade of low interest rates.