Small cap pharmaceutical stock Adamas Pharmaceuticals Inc (NASDAQ: ADMS) is thefourteenth most shorted stock on theNASDAQ with short interest of 40.18% according to Highshortinterest.com. Adamas Pharmaceuticals portfolio includes: GOCOVRITM (amantadine) extended release capsules (previously ADS-5
Calgary-based energy infrastructure company Enbridge Inc. (NYSE: ENB) on Thursday made a nonbinding offer to acquire the approximately 17% of Spectra Energy Partners L.P. (NYSE: SEP) it does not already own in a deal that would pay unitholders of Spectra 1.0123 shares of Enbridge common stock for every common unit of Spectra they currently hold.
At last night’s closing price, that represents....More>>>
Stocks finished the week lower as oil prices fell and the Federal Reserve looks set to raise interest rates next week.
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The S&P 500 fell 0.4% this week after rising 0.3% to2,372.60 today, while the Dow Jones Industrial Average dropped 0.5% this week after advancing44.79 points, or 0.2%, to20,902.98 today. The Nasdaq Composite dipped 0.2% this week....More>>>
Many U.S. lawmakers don’t like Chinese telecom giant Huawei very much. They believe that its products are a way for China’s government to spy on American business interests and smartphone users. Huawei presents itself in a very different light. There is no way to tell for certain which perspective is correct.Huawei’s sales in the United States are at stake.
March 7, 2018: The S&P 500 closed up 0.4% at 2,738.94. The DJIA closed up 0.4% at 24,894.24. Separately, the Nasdaq was up 0.4% at 7,427.95.
Thursday ended up a net positive day for the broad U.S. markets. The markets shifted from positive to negative a couple times throughout the day, but ultimately finished on a positive note. Most of the gain for the markets came at the end of the....More>>>
InvestorPlace’s Tom Taulli covered Intel before its second-quarter earnings report July 27. On the top- and bottom-line, analysts were expecting $14.4 billion in revenue and $0.68 in earnings; they came in at $14.8 billion in revenue and $0.72 in earnings — a double beat. INTC stock has been on the rise ever since.
Taulli’s most significant concerns heading into that report....More>>>
"Short Sellers Retreat Amid Rally," ran the headline in the Wall Street Journal. Curious readers stopped and stared. It was the premise of the headline that arrested them. Who knew that there was even one bear left to give ground at the 100-month mark of the post-2008 levitation? El toro is the topic at hand. It's a most unusual bull market (we count as one the updrafts....More>>>
U.S. company-debt investors fear the Fed more than they fear defaults.
That’s what U.S. bond and loan markets are signaling now. Safer types of debt, like Treasuries and investment-grade corporate bonds, have dropped this year. But the riskiest high-yield bonds — rated in the CCC range– gained 0.9 percent through Wednesday. And loans to junk-rated companies have risen even....More>>>
Wells Fargo may pay a $1 billion penalty for forcing customers into car insurance and charging mortgage borrowers unfair fees.
The beleaguered bank warned on Friday that it may revise its first quarter earnings results because of the fine. The bank says that the Consumer Financial Protection Bureau and Office of the Comptroller of the Currency have offered to resolve their investigations....More>>>
Investment company Davidson Kempner Capital Management LP buys Altaba Inc, Vistra Energy Corp, HRG Group Inc, Allied World Assurance Co Holdings AG, Panera Bread Co, Expedia Inc, Yum Brands Inc, Kate Spade, TPG Pace Energy Holdings Corp, Six Flags Entertainment Corp, sells Reynolds American Inc, PrivateBancorp Inc, The Valspar Corp, The WhiteWave Foods Co, B/E Aerospace Inc during the 3-months ended....More>>>
Illegal imports and dumping have hurt the domestic steel industry really hard over the years, leaving Nucor (NYSE:NUE) and peers with no option but to cut costs to maintain margins in the face of intense competition. Not surprisingly, President Donald Trump's tariffs on steel have been welcomed
Steve Madden (NASDAQ: SHOO) and Skechers U.S.A. (NYSE:SKX) are both mid-cap consumer discretionary companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, valuation, earnings, analyst recommendations, profitability, ri
With the global oil supply/demand balance expected to show a significant deficit in the second half of 2017, oil prices should move up to a new level and the upstream offshore market should start to recover. Offshore drillers are late-cycle stocks. Past cycles indicate that the activity bottom is
Schwab Charles Investment Management Inc. lifted its holdings in shares of Matthews International Corp (NASDAQ:MATW) by 8.7% in the first quarter, Holdings Channel reports. The institutional investor owned 214,209 shares of the company’s stock after buying an additional 17,161 shares dur