The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.5% in the group’s seasonally adjusted composite index for the week ending June 29. Mortgage loan rate movements were mixed last week.
Ziopharm Oncology (NASDAQ:ZIOP) was downgraded by Zacks Investment Research from a “hold” rating to a “strong sell” rating in a report released on Saturday.
According to Zacks, “ZIOPHARM Oncology, Inc. is a biopharmaceutical company engaged in the development and commercialization of a diverse, risk-sensitive portfolio of in-licensed cancer drugs to address....More>>>
Ready or not, a trade war between the U.S. and China is underway.
On Monday, Jan. 22, President Trump announced steep 30% U.S. tariffs on imports of solar panels and washing machines.
What was significant about these tariffs is that they are being applied worldwide. The tariffs are not aimed at China alone, but China is by far the largest source of solar panels shipped to the U.S.,....More>>>
&l;p&g;At first blush, you might think I&s;m a little late to the game with my annual &q;New Year&s;s Resolution&q; post. But my delay was actually a stroke of strategic genius. By waiting a few days to publish,&a;nbsp; I was allowing ample time for all of your &l;em&g;original&l;/em&g; goals for 2018 to fail miserably. And look at you now: It&s;s only January 5th, and you&s;re already back on gluten.....More>>>
One of the richest men in China has made a big bet on an icon of Europe’s automotive industry.
Li Shufu, the billionaire chairman of Chinese car maker Geely (GELYF), invested about $9 billion buying a stake of almost 10% in Daimler (DDAIF), making him the biggest single shareholder in the owner of Mercedes Benz.
Li, who’s estimated to be worth around $18 billion, has....More>>>
CEO of Enterprise Products Partners Lp (NYSE:EPD) Aj Teague bought 11,300 shares of EPD on 12/27/2017 at an average price of $26.47 a share. The total cost of this purchase was $299,111.
Enterprise Products Partners LP is a limited partnership which is engaged in transports and processes natural gas, natural gas liquids, crude oil, refined products and petrochemicals. Enterprise Products....More>>>
With Social Security funding issues around the corner, uncertain market conditions, long-term low interest rates and skyrocketing medical costs, American retirees are facing a laundry list of retirement challenges. The only certainty is that retirement is going to be dramatically different than the retirement previous generations encountered. In order to retire with financial security and dignity,....More>>>
Last Thursday Callon Petroleum (CPE) announced a $570 million all-cash deal to a 28,657 net surface acre addition to its Spur play in the Delaware Basin. The seller, Cimarex (XEC), estimates the acreage's Q1 2018 net production was 6,831 boe/d (~73% oil). The acreage is 90% held by production
Shares of Callon Petroleum (NYSE:CPE) traded down 5% during mid-day trading on Thursday . The stock traded as low as $12.47 and last traded at $12.48. 6,420,719 shares traded hands during mid-day trading, an increase of 45% from the average session volume of 4,431,217 shares. The stock had previ
J.C. Penney (NYSE:JCP) looked like it would be an early casualty of the retail apocalypse. In some ways, the retailer almost failed because it responded to the changing habits of American shoppers too quickly.
Hired in 2011, former CEO Ron Johnson dramatically shifted the retailer's prev