All four initial public offerings (IPOs) on last week’s calendar successfully reached the public market and combined to raise a total of $1.1 billion in new capital. Another high-tech firm and one medical device maker plan to test the market in the coming week.
First a recap. Enterprise software maker MuleSoft Inc. (NYSE: MULE) raised $221 million pricing above its expected range at....More>>>
A recent column addressed the idea of moving in retirement. To be more specific: What are the pros and cons of retiring in a college town?
The advantages, at first blush, are clear: a stimulating atmosphere, opportunities for continuing education, a diverse population, a stable economy (for the most part), and, frequently, lots of restaurants, shopping and cultural events. That said,....More>>>
General Motors Co. (NYSE: GM) on Tuesday posted total October U.S. sales of 258,626 vehicles, a decrease of 1.7% compared with October 2015. Retail deliveries rose 2.5 points for the year to date to 208,290 units, and fleet deliveries slipped 3.7 percentage points for the year to date.
GMs new vehicle sales for October were forecast at 246,512 by analysts at Edmunds.com. WardsAuto had estimated....More>>>
On Dec. 14, 2016, the federal funds rate was hiked by 25 basis points to 0.75%. More hikes are expected in 2017, but early this month, Fed FOMC members decided to maintain the interest rate at 75% for the time being without ruling out further increments. The next meeting of the Fed is slated for Wednesday, March 15, and analysts believe that the current rate of 0.75% will hold.
The Q4 2016 earnings report formid cap proppant and fracking stock U.S. Silica Holdings Inc (NYSE: SLCA)is scheduled for after the market closes onWednesday (February 22nd). Proppant and fracking stockswere crushed by low oil prices; but with oil prices stabilizing, drilling activity coming back to the oil patches.
A technical chart for mid cap U.S. Silica Holdings shows a nice uptrend over....More>>>
Some of the best long-term investments are in companies that don’t catch a ton of headlines because their business just isn’t that interesting. Sherwin-Williams Co (NYSE:SHW) is a perfect example of this. Following their acquisition of Valspar they will be the largest paint & coating company in the world, surpassing PPG Industries (NYSE:PPG). If I had to make a list of boring industries,....More>>>
Related SPN 15 Biggest Mid-Day Losers For Tuesday Citigroup Downgrades Superior Energy Services On Dwindling Acquisition Theme, Weak Q3 Related YZC Top Performing Industries For October 5, 2016 Top Performing Industries For September 29, 2016
Toward the end of trading Thursday, the Dow traded down 1.14 percent to 18,130.13 while the NASDAQ declined 0.97 percent to 5,266.87. The S&P also....More>>>