After eight-straight losing sessions, the Dow Jones Industrial Average ($DJI) might draw support Friday from stronger overseas markets overnight. Without much data or earnings news on the calendar, the focus sits squarely on OPEC amid talk that a crude oil production increase might be in the card
Retirement is a milestone most of us will someday reach, because few people work until the end of their lives. But only around one-third of Americans are very confident they'll have enough money to live comfortably -- and some may actually be too confident, because we tend to overestimate how lo
Traders, investors and Star Wars fans alike must be thrilled with Walt Disney Co (DIS, $110.57) these days. As well they should.
In successive days, Disney announced a deal to acquire a large part of 21st Century Fox (FOXA) and debuted the latest installment of the Star Wars saga in a wide release. Whether Star Wars: The Last Jedi can eclipse the $2 billion mark like 2015s Star Wars:....More>>>
Mention the word uranium and most likely weapons of mass destruction come to mind. While you can make plenty of jokes about investment returns in the event of nuclear war, choosing to diversify your portfolio with uranium mining stocks is certainly worth a closer look.
Azincourt Uranium Inc. (OTCBB: AZURF) (TSX: AAZ.V) the Canadian based resource company specializing....More>>>
S&P Global Market Intelligence’s Jeffrey Loo explains why he’s maintaining his Buy rating on Valeant Pharmaceuticals International (VRX) following reports it had rejected a takeover bid earlier this year:
According to unconfirmed reports, including the Wall Street Journal,Valeant rejected an unsolicited joint takeover bid from Takeda Pharmaceutical, the largest....More>>>
The owner of the Los Angeles Times is in talks to sell the paper to a local biotech billionaire, the latest twist in a chaotic few months for the nation’s largest metro newspaper, sources familiar with the matter told CNNMoney.
Michael Ferro, who controls the paper’s parent company Tronc, is negotiating with Patrick Soon-Shiong, a Tronc investor and physician who has been dubbed....More>>>
Exxon Mobil Corporation (NYSE:XOM) stock holders are probably still shaking their heads in disbelief. Exxon Mobil stock barely moved despite what looked like a very strong first-quarter earnings report earlier this month. Chevron Corporation (NYSE:CVX) and BP plc (ADR) (NYSE:BP) completed the trifecta, with only ConocoPhillips (NYSE:COP) disappointing.
On the surface, Valeant Pharmaceuticals (VRX) has an intrinsic value of over $50 a share but very recently, the market is considering more bearish scenarios. Instead of pointing to the debt reduction ahead of schedule, revenue improvements at both Salix and B+L, shareholders should consider the upcoming catalysts ahead.
Valeant launched SILIQs (brodalumab) in July. The drug, which treats....More>>>
Is a stock market pullback on the way? Maybe. And even if not now, it’s inevitable that the market will take a breather at some point in the future.
Smart investors will be ready to take advantage of a market pullback, whenever it comes and offers discount prices on great stocks. Three drug stocks appear to be excellent choices to buy on a dip: AbbVie (NYSE:ABBV), Allergan (NYSE:AGN),....More>>>
Penn West Petroleum Ltd. (NYSE:PWE) has been to the financial cliff and back again. The achievements of the last two years are probably top 1% in many areas. There was a little trepidation as the latest announcement saw more changes in senior management. For many shareholders, those senior manage
Havven (CURRENCY:HAV) traded 9.4% lower against the dollar during the one day period ending at 8:00 AM Eastern on June 11th. Havven has a market cap of $29.29 million and approximately $969,776.00 worth of Havven was traded on exchanges in the last 24 hours. In the last seven days, Havven has tr
About a month ago, Tesla(NASDAQ:TSLA) CEO Elon Musk did investors a disservice when he dismissed very legitimate questions from sell-side Street analysts. Musk incorrectly thought that the analysts were trying to justify their short theses, which wasn't the case and later conceded that it was "fo
Despite a growing economy and the lowest U.S. unemployment rate in 16 years, things arent looking up for many Americans financial fragility is especially an issue for people with low incomes and for minorities, according to the new 2017 Prosperity Now Scorecard.
Shares of Parker Drilling (NYSE:PKD) were down 2.3% on Thursday . The stock traded as low as $0.41 and last traded at $0.42. Approximately 26,000 shares were traded during trading, a decline of 99% from the average daily volume of 2,172,783 shares. The stock had previously closed at $0.43.