Government and Regulatory
According to sources, China is getting close to announcing a revised National Reimbursement Drug List (NRDL), the group of drugs covered by China’s national insurance plan. There will be 300 additions, 130 of which will be chemical drugs. The rest will be traditional Chinese medicines. This is the first update of the NRDL since 2009. Last May, China negotiated....More>>>
Netflix (NASDAQ:NFLX) stock is currently approaching its all-time high of $130 per share, but that is about to change soon. The decision to short a stock or buy long comes down to how it is being valued in the market. Do you believe the market is currently undervaluing the stock? In this case you would purchase it because the market will eventually correct itself. Or do you believe....More>>>
24/7 Wall St. has put together a preview of the Dow Jones Industrial Average companies scheduled to report their quarterly results this week. A little more than one-third of the companies in the Dow are reporting this coming week. Although the Dow has backed off its highs, a strong earnings showing from these companies could push the index higher again.
We have included the consensus earnings....More>>>
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>>>
If you like to put your money where your mouth is, there’s probably no better (or more literal) way to do so than to invest in stocks that focus on dentistry. But if you also like to get money back in the form of dividends, there aren’t too many choices available among dental stocks.
The three top dividend stocks in the dentistry industry are Patterson Companies (NASDAQ:PDCO),....More>>>
President Trump’s SEC nominee Jay Clayton promised to police Wall Street without showing “favoritism to anyone” despite his history representing big banks and several scandal-ridden corporations.
“I am 100% committed to rooting out any fraud and shady practices in our practices in our financial system,” according to a copy of Clayton’s testimony before....More>>>
It’s a good time to buy a home. Accordingto the Mortgage Bankers Association, getting approved for a home loan is easier than it has been at any time in this past decade, with lenders recently approving 77% of loans, up from 71% in mid-2015. On top of that, interest rates are still extremely low, historically speaking.
You might want to act relatively quickly, though, as interest rates....More>>>
Credit Suisse analysts Susan Roth Katzke and Athena Xie argue that “there’s upside to be realized” in big banks stocks like JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C), Wells Fargo (WFC) and Goldman Sachs (GS). They explain why:
The CS Large Cap Banks are ~30% above their mid-February lowsbut still down 4% year-to-date and trading at....More>>>
The backlash against China’s epic global shopping spree just intensified: a U.S. government panel is trying to stop Chinese state firms from snapping up American companies.
Warning of a threat to national security, the U.S.-China Economic and Security Review Commission wants the United States to block Chinese state-owned companies from carrying out takeovers in the country.