State Board of Administration of Florida Retirement System cut its position in Independent Bank Corp. (NASDAQ:INDB) by 11.2% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 13,596 shares of the bank’s stock after selling 1,720 shares during the quarter. State Board of Administration of Florida Retirement....More>>>
Heart disease still claims the lives of around 600,000 Americans every year, and uncontrollable cholesterol plays a big role. Esperion Therapeutics Inc. (NASDAQ:ESPR) became one of 2017’s best-performing biotech stocks because it’s developing a drug that could lower this number.
Unfortunately, Esperion recently revealed some disturbing safety data from one of several ongoing....More>>>
Fitbit (NYSE:FIT) shares shot 13.5% higher last week, soaring after Citron Research’s Andrew Left put out a surprisingly bullish report on the the stock. The indictment later in the week of several Fitbit employees accused of possessing a rival’s trade secrets wasn’t enough to crash the party. Fitbit stock hit new 52-week highs, soaring 60% since bottoming out two months ago.
After the company reported first-quarter results, shares of NovoCure (NASDAQ:NVCR), a medical device company focused on cancer, jumped as much as 10% in afternoon trading on Thursday. Shares closed the day up more than 9%.
Here’s an overview of the key takeaways from the first-quarter report:
Revenue jumped 49% to $52.1 million. That was....More>>>
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The holiday is over, and Washington is right where it was on Friday. Democrats want child healthcare and disaster relief as part of a spending bill, and Republicans don’t. A bipartisan child immigration deal was thrown down a hole, and another stopgap resolution may be needed. Meanwhile, cryptocurrencies are cratering....More>>>
What’s Next: Sen. Mark Warner tells PACIFIC that China’s technological rise has been fueled by US tech companies that “prostituted themselves” to gain access to the Chinese market.
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In an interview in his Capitol hideaway, Warner offered his strongest criticism to....More>>>
Investment company Point72 Asia (Singapore) Pte. Ltd. buys BeiGene, Baidu Inc, The Estee Lauder Inc, Weibo Corp, TAL Education Group, sells Yum China Holdings Inc, Silicon Motion Technology Corp, Las Vegas Sands Corp, Canada Goose Holdings Inc, Wynn Resorts during the 3-months ended 2018-03-31, according to the most recent filings of the investment company, Point72 Asia (Singapore) Pte. Ltd.. As....More>>>
General Electric (NYSE:GE) is one of the most outstanding dividend plays out there. Not only has the company paid out a dividend for more than 100 uninterrupted years, it has also grown that dividend in most years. GE’s current yield of 3% is considerably higher than the Dow Jones Industrial Average (INDX:INDU) average yield of 2.76%.
Anything that would threaten that dividend is, therefore,....More>>>
Ghostwritten for CWMF by his apprentice; views and disclosures reflect CWMF’s positions.
There is something to be said about Target (NYSE:TGT) being undervalued and awaiting a catalyst to put their stock in an upward motion. Looking at their operating margin or sales per share doesn’t show any reason for them to trade at a discount to peers. Some shoppers have stopped going to....More>>>
Choice Hotels (NYSE:CHH) declared a quarterly dividend on Friday, April 20th, RTT News reports. Investors of record on Monday, July 2nd will be paid a dividend of 0.215 per share on Tuesday, July 17th. This represents a $0.86 dividend on an annualized basis and a yield of 1.06%.
Choice Hotels has raised its dividend by an average of 5.1% annually over the last three years and has increased....More>>>