From a New York Times article early this year Donald Trump said he would be in favor of a 45% tariff on Chinese exports to the United States. This is one of the reasons that Apple’s shares dropped over $12 from the day after he won the Presidential election to two days ago but have since rebounded by $4 to $110. There have been a number of articles written about why tariffs would have bad....More>>>
Apple (NASDAQ:AAPL) knows what it’s doing. The company is a market leader in many fields, and would often rather abandon a product category rather than struggle on as a minor competitor to bigger and better rivals.
But even mighty Apple does the occasional swing-and-a-miss routine. And some of Cupertino’s whiffs come in vibrant billion-dollar markets.
Image source: Getty....More>>>
Adobe Systems Inc. (NASDAQ: ADBE)reported its most recent quarterly results after markets closed on Thursday. The company said that it had $0.94 in earnings per share (EPS) and $1.68 billion in revenue, versus consensus estimates from Thomson Reuters that called for $0.87 in EPS and $1.65 billion in revenue. The fourth quarter of last year had $0.66 in EPS and $1.38 billion in revenue.
Stifel’s Michael Scialla and Daniel Guffey warn investors not to chase the biggest gainers among the exploration & production stocks, including Denbury Resources (DNR) and Whiting Petroleum (WLL), and instead stick with more stable fare such as Anadarko Petroleum (APC), Rice Energy (RICE), and Continental Resources (CLR). They explain:
Matthew Brow/Associated Press
Resolute Forest Products (NYSE:RFP) is primarily involved in Newsprints, Specialty Papers, Wood Products and Market Pulp. As the downturn in global commodities intensified, RFP was not spared as all four of the company’s business segments got hit. Management has concentrated on lowering the cost of every segment but these actions were not enough to compensate for the deterioration of prices....More>>>
Leerink’s Geoffrey Porges and Assaf Vestin see continued dominance for Gilead Sciences (GILD) in hepatitis C after reviewing abstracts for the European Association for the Study of the Liver conference in April. They explain why:
We are positive onGilead with an Outperform rating, due in large part to success of its anti-viral programs including the significant cash generation of its....More>>>
As top Republicans see it, a medical malpractice crisis is threatening U.S. health care: Frivolous lawsuits are driving up malpractice insurance premiums and forcing physicians out of business. Doctors and hospitals live in fear of litigation, ordering excessive tests and treatments that make health care unaffordable for Americans.
That’s why Republican House Speaker Paul Ryan and....More>>>
Related Bitcoin's Creator Reveals Himself Buy Some Bitcoin With This ETF How This Bitcoin Fund Is Going To Make You Money In 2017 (Seeking Alpha)
After a strong showing in 2015, Bitcoin investors experienced another strong year of performance from the popular cryptocurrency in 2016. Bitcoin....More>>>