Achaogen (NASDAQ:AKAO) is a clinical-stage biotechnology company specializing in creating antibiotics to treat MDR (multidrug resistant) bacteria. Its lead candidate, plazomicin, recently was recommended for approval for cUTI (complicated urinary tract infections) on May 2 by an FDA advisory committee. This almost guarantees the FDA will approve the drug for marketing, but the stock price dropped....More>>>
HSBC started coverage on shares of Safestore (LON:SAFE) in a research report report published on Tuesday. The firm issued a buy rating and a GBX 670 ($8.75) price target on the stock.
A number of other research firms also recently issued reports on SAFE. Liberum Capital restated a buy rating on shares of Safestore in a research report on Friday, February 8th. Peel Hunt reaffirmed a hold....More>>>
&l;p&g;&l;img class=&q;size-large wp-image-293&q; src=&q;http://blogs-images.forbes.com/michaeldelcastillo/files/2018/05/7x7_-Ryan-Duffin_0503-1200×800.jpg?width=960&q; alt=&q;&q; data-height=&q;800&q; data-width=&q;1200&q;&g; Avery Singer and Matt Liston discuss their blockchain religion at the New Museum in New York City on May 19, 2018.
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Oil prices have been on fire over the past year, rising more than 20%, which pushed the U.S. oil benchmark (WTI) up to a recent price of around $67.50 a barrel. With continued cooperation by OPEC, healthy demand growth, and a hesitant approach by shale drillers, WTI could soon top $70 a barrel. That’s well above the $50 a barrel most producers in the country budgeted for in 2018.
The stock market’s relentless march upward has pushed the prices of many companies higher. As investors bid up good and bad businesses alike, that can make it hard to discern which companies are the best dividend growth stocks for long-term investors.
That’s especially true in the world of dividend stocks, where income-starved investors face great temptation to reach for high-dividend....More>>>
Oil may return to $100 a barrel, but it would have much less of an impact on the global economy than when prices hit that level in 2011, according to Bloomberg Economics’ simulations. The amount of oil needed to produce a unit of output has been on a steady downward trend for decades and improvements in energy efficiency....More>>>
Sometimes when you want to find out how someone you admire ticks, you ask them whom they respect. When it comes to super-investor Warren Buffett, the answer (among others) is Jack Bogle, the founder of the Vanguard Group.
Bogle should be awarded the Nobel Prize in Economics for bringing the passive index fund into the world. This vehicle simply holds a basket of securities at very low cost.....More>>>
Tuesday was another good day on Wall Street, thanks largely to diminished concerns about trade disputes between the U.S. and China. Chinese leaders made conciliatory comments that suggested that there could be a measured resolution to tensions between the two countries, and market participants took that as an all-clear sign to bid shares higher. Yet some stocks suffered from negative news. Tupperware....More>>>
One decade ago, Warren Buffett took a $1 million wager that stashing money in an index fund would make you richer than if you entrusted it with hedge fund managers.
He won — big time — and in his annual letter on Saturday, the billionaire Chairman and CEO of Berkshire Hathaway (BRKA) Inc. outlined the final tally. He also took a jab at the hedge fund folks at the losing end.....More>>>
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Related GOOGL Mid-Day Market Update: Microsoft Drops On Earnings Miss; NGL Energy Partners Shares Surge Alphabet Crushed After Q1 Report Big Tech Stocks Down Hard, But Small Caps Up; Hawaiian Air....More>>>