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.
Online travel stock Tripadvisor Inc (NASDAQ: TRIP) reportedQ1 2017 earnings after the market closed on Tuesday with shares up in afterhours /premarket trading. Q1 revenue rose 6% (or 7% on a constant currency basis) to $372 million as hotel revenue grew 4% to $314 million and non-hotel revenue rose 18% to $58 million.Net income was $13 million versus $29 million. Key business metrics cited in the....More>>>
Palo Alto Networks (NYSE:PANW) is scheduled report FYQ4 results on 8/30, after the market close. After reading some of the publicly available earnings previews out there, which I think are highly dissatisfactory, I decided to write my own for the benefit of the retail investor. I hope this preview will help you gain more insight into the key debate points going into PANW’s earnings and also....More>>>
Shares of BioCryst (NASDAQ:BCRX) have been volatile. Shares have traded as low as $5.72 to over $6.70 in the last seven sessions.
The option premium for both calls and puts is running higher than normal. The reason, investors are expecting Phase 2 trial results for BCX7353, a drug focused on the elimination of angioedema attacks in patients with hereditary angioedema to be released anytime....More>>>
March 10, 2017: Markets opened higher Friday following another month of strong non-farm payroll gains. Top performing sectors today were industrials, telecoms, and utilities. The weakest performer was real-estate. WTI crude oil for April delivery settled at $48.49 a barrel, down 1.6% on the day and down more than 9% for the week. April gold dropped 0.2% on the day to settle at $1,201.40. Equities....More>>>
Now the court system could get involved in the United fiasco.
Dr. David Dao, who was dragged off a plane in Chicago last Sunday, hasn’t said whether he’ll file a lawsuit.
But his lawyers filed an emergency petition on Wednesday asking that all potential evidence from the episode be preserved. Dao’s legal team and his family members will hold a press conference....More>>>
Buying the right dog for you and your family is always an extremely important decision. There’s a lot to consider the pup’s temperament, how big he’ll grow to be versus your living arrangements, and the cost of upkeep and medical care. Granted you should always consider adopting from your local shelter, because it’ll save both the dog and some cash for you,....More>>>
U.S. stocks inched higher Monday after slipping into negative territory, ending the day at fresh highs.
Investors appear to have shaken off a failed coup in Turkey and recovered from the turmoil that followed the U.K.s Brexit vote. Now, gains by technology and financial stocks are extending a rally that lifted the big U.S. stock indices to new highs last week.
Heading into the closing....More>>>
Kate Spade (KATE) caught a bounce on Wednesday when the Wall Street Journalreported that it was actively seeking a buyer. Since then, we’ve learned that the fashion accessories retailer looks set to auction itself off to the highest bidder, with the process potentially beginning next month, with bidders potentially including Coach (COH) and Michael Kors (KORS). In a note today, SunTrust....More>>>