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Editor’s Note: In-depth coverage of this issue can be found at Tax Facts Online, the premier reference on the taxation of insurance, employee benefits and investments.
While it is always important for clients to take....More>>>
I had expected IAMGOLD (NYSE:IAG) to post an impressive turnaround in the second half of the year on the back of an improvement in gold prices and the company’s efforts of lowering its cost base. This is exactly what happened when the company released its third-quarter results a couple of weeks ago.
Pulling the right strings
In fact, IAMGOLD blew past Wall Street estimates for....More>>>
August 30, 2016: Here are four stocks trading with relatively heavy volume among 19 equities making new 52-week lows in Tuesday’s session. NYSE decliners led advancers by just 3 percentage points and Nasdaq advancers led decliners by just 4 points.
G-III Apparel Group Ltd. (NASDAQ: GIII) dropped nearly 23% on Tuesday to post a new 52-week low of $32.22 after closing at $41.77 on Monday.....More>>>
Shares of BioCryst (NASDAQ:BCRX) have been volatile. Shares have traded as low as $5.72 to over $6.70 in the last seven sessions.
The option premium for both calls and puts is running higher than normal. The reason, investors are expecting Phase 2 trial results for BCX7353, a drug focused on the elimination of angioedema attacks in patients with hereditary angioedema to be released anytime....More>>>
Bond guru Bill Gross is pulling a Flavor Flav. He’s telling people to not believe the Trump hype.
Gross, formerly one of the top dogs at fixed income powerhouse PIMCO and now a fund manager with Janus, wrote in his most recent monthly outlook that investors are too excited about Trump. He thinks Trump’s economic promises are too grand.
“Don’t be allured....More>>>
American families can afford bigger helping of Thanksgiving dinner this year.
A classic Thanksgiving dinner will cost$49.87 for a gathering of 10, just under $5 per person, according to figures out this week from the American Farm Bureau Federation. The total is a step back from 2015s all-time high of $50.11.
If you adjust for inflation, the price is lower this year than when we first....More>>>
New research on money-stealing hackers shows they are expanding their reach — and looking more like an international mafia.
The cybersecurity experts at Dell SecureWorks track banking botnets, the massive networks of infected computers that steal victims’ bank logins and empty their checking accounts.
In 2015, the most vicious viruses expanded to also target warehouses....More>>>
Related MTL Mid-Day Market Update: Crude Oil Down Over 2%; Comtech Shares Spike Higher Mid-Afternoon Market Update: Weight Watchers Rises On Upbeat Earnings; Babcock & Wilcox Shares Drop Related EXP Earnings Scheduled For January 24, 2017 Worst Performing Industries For November 11, 2016 ....More>>>
Photo Credit: Ring
If you’re a fan of Shark Tank, then you may remember Jamie Siminoff.
In September 2013, he pitched his company, then called DoorBot, in hopes of raising $700,000 for his revolutionary video doorbell.
However, the sharks were not biting and Siminoff walked away without an investment. Kevin O’Leary even delivered his signature “you’re....More>>>
JPMorgan’s Jamie Baker and Nishant Mani argue that “downside risk appears diminutive” in airlines like Delta Air Lines (DAL), Southwest Airlines (LUV), and American Airlines (AAL)–even if there’s a recession. They explain why:
Were over a year into fuels decline, and investor fears concerning a breakdown in discipline havent materialized.....More>>>