Shares ofAnika Therapeutics Inc(NASDAQ:ANIK), a small-cap biotech focused on regenerativemedicine, were down 36% as of 11:10 a.m. EDT on Tuesday. The stock plummetedafter the company reported data from an important phase 3 study.
Headlines about Spherix (NASDAQ:SPEX) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale
Cryptocurrencies burst onto center stage in 2017, delivering what might very well be historic gains. For the year, the aggregate value of all digital currencies soared from a starting value of $17.7 billion to an ending value of roughly $613 billion. That works out to an increase of more than 3,300%! By comparison, the stock market has historically gained 7% a year, inclusive of dividend reinvestment....More>>>
This week’s monster IPO, that of financial services companyAXA Equitable Holdings,stands to not only be the largest in terms of capital raised this year, but it’s also likely to notch the record for the largest in this half of the decade so far. It tips the scales at around $3.5 billion, at the midpoint of its per-share IPO price. It’ll be the biggest initial offering since the....More>>>
The Dow Jones today projected a 61-point decline as investors prepared for the president’s announcement on Iran. According to European diplomats, U.S. President Donald Trump is expected to withdraw the United States from the deal, despite the fact that rejecting the pact is likely to foster an international crisis.
As global upheaval continues to rock market, gold has staged a....More>>>
(Bloomberg) — Prices for individual major medical plans are stabilizing in Pennsylvania and will continue to unless the Trump administration and Republicans in Congress take action that would hurt the program, the state’s insurance regulator....More>>>
Jobs growth seems to be leveling off a little after many months of feverish gains. Employment rose 164,000 in April, the U.S. government said in its Non-farm payrolls report Friday, below Wall Street analysts’ expectations for the second month in a row.
The new figure comes after a March jobs report that showed surprisingly tepid growth of just 103,000. That number got revised up to....More>>>
The financial sector was a major part of the Great Recession, and it has been a major part of the recovery and raging bull market since then. Generally speaking, the major financial institutions in the United States are a good barometer of the current state of U.S. markets.
So when short sellers make a play against these major banks, they are effectively betting for a downturn. Conversely,....More>>>
A few weeks ago, NIBC Holding (NIBC, Euronext Amsterdam) completed its IPO as Private Equity firm JC Flowers was finally able to place a substantial part of its shares on the equity markets. Unfortunately, NIBCs first trading day was overshadowed by a turmoil on the financial markets as the fears for a worldwide trade war increased.
Investment professionals like to joke that the so-called carry trade is akin to picking up pennies in front of a steamrollera reference to how leverage can quickly and dramatically magnify losses, transforming even a mild selloff into a painful loss.
For those unacquainted with investing jargon, the carry trade is a popular strategy that involves borrowing in a currency with low interest....More>>>
Wealthstreet Investment Advisors LLC cut its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 1.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 131,935 shares of the network equipment provider’s stock
So far this year Boeing (BA) is having a strong start looking at its financial results, but also when looking at the order book the jet maker is seeing some appreciable order inflow. One of the programs that could use some order inflow to avoid a further cut in production is the Boeing 777 progr
Being a member of the esteemed Dow Jones industrial average index is supposed to come with prestige. After all, there are only 30 companies at a time that can actually be a Dow stock. These companies are supposed to represent a major portion of the industrial business climate or to dominate a ma
Gatorade Zero, a thirst quencher without sugar or carbs, hit stores around the country this week. It comes in orange, lemon lime, and glacier cherry, and is priced in line with the brand's classic sports drink.
United Technologies Co. (NYSE:UTX) has been given a consensus recommendation of “Buy” by the twenty research firms that are covering the stock, Marketbeat.com reports. Seven analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Th