Bonds and stock markets are sending conflicting signals about the outlook for the U.S. economy.
Treasury yields, which move inversely to prices, declined to their lowest levels in more than five weeks on Friday. Meanwhile, U.S. stocks remain just below their record highs, and the CBOE Volatility Index, colloquially known as the fear index has remained relatively subdueda sign that investors....More>>>
Anthem (ANTM) has suedExpress Scripts, alleging that the pharmacy benefits manager charged too much for the drugs it provided. Citigroup’sGaren Sarafian explains:
Anthem filed a suit intraday today against its pharmacy benefit manager Express Scripts for what it believes is higher than competitive benchmark pricing that the company has previously claimed to....More>>>
Apple Inc. (NSDQ:AAPL)hasn’t been having its own way recently. A few months ago, the company wasordered to return $13 billion in back taxes in Europe plus now it has todeal with a new US president in Donald Trumpwho clearly has reservationson how Apple runs its business affairs. Recently though, the Irish government announced that it would be appealing the European Commission’s decision....More>>>
Related CR Earnings Scheduled For April 25, 2016 Benzinga's Top Initiations
While Canaccord Genuity, referring to Crane Co. (NYSE: CR), stated the potential drivers for growing interest in the stock are the increased contribution from the payment and merchandising technologies (PMT) and aerospace & electronics (A&E)....More>>>
Stone Energy Corporation (NYSE:SGY) recently made a massive overnight move when it jumped 300% in a day. Traders looking for stocks to buy that could double in a single day are always on the hunt for names like SGY. It’s impossible to reliably predict stocks that will make these massive moves, but there are two metrics in particular that indicate a stock with explosive potential.
Many companies in the apparel industry faced depressed operating margins in the last couple of years due to rapidly changing technology, general economic conditions, and consumer spending preferences. Companies started to focus on business expansions through acquisitions, closing down less performing business segments and higher promotional activities in order to remain....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