The yield on the benchmark 10-year Treasury note started the week on a tear, jumping to 2.99 percent and toying with the key 3 percent level that could trigger a reaction across global financial markets.
No one likes paying any kind of taxes, so you might think that in any ranking of the most hated tax Americans have to pay, every tax you have to pay would all tie for first. That said, we’re in the middle of income tax season, and there’s been plenty of political and tax policy discussion about the negative impacts of the estate tax, which many call the death tax. Yet neither the income....More>>>
Wall Street investors have shrugged off recent worries to propel stocks to fresh all-time highs, but this weeks meeting of Federal Reserve policy makers might provide investors the clearest sign yet about the health of the U.S. economy and how the central bank is construing stubbornly low inflation.
The Fed gathering set for Tuesday and Wednesday comes against the backdrop of a host of recent....More>>>
AbbVie Inc. (NYSE:ABBV) communicated through the PRNewswire Monday that it received a positive feedback from the European Committee for Medicinal Products for Human Use (CHMP) about the possibility of using VIEKIRAX plus EXVIERA in a combined therapy of eight weeks to treat chronically genotype 1b HCV-infected adult patients.
These patients are naïve to any kind of HCV treatment,....More>>>
August 30, 2016: Here are four stocks trading with relatively heavy volume among 19 equities making new 52-week lows in Tuesday’s session. NYSE decliners led advancers by just 3 percentage points and Nasdaq advancers led decliners by just 4 points.
G-III Apparel Group Ltd. (NASDAQ: GIII) dropped nearly 23% on Tuesday to post a new 52-week low of $32.22 after closing at $41.77 on Monday.....More>>>
Treasury yields fell Wednesday after the minutes from the Federal Reserve policy-making panels meeting earlier this month showed policy makers largely agreed on the notion of moving to begin shrinking the central banks balance sheet later this year.
Oil prices have risen above $50 since OPEC’s agreement to cut production. Energy-related names like National Oilwell Varco (NYSE:NOV) have risen with it. The stock is up about 20% in the month of December. NOV will likely trade with oil, yet some of us still follow earnings fundamentals, including the rating agencies. The company’s Q3 revenue fell sequentially by 5%, while EBITDA....More>>>
The Spotify IPO date is scheduled for Tuesday, April 3, 2018, but we have a better profit play for Money Morning readers. It's a proven winner that could climb 28.06% over the next 12 months, and that doesn't even include a $2.52 dividend (1.46%).
Money Morning Director of Technology & Venture Capital Research Michael A. Robinson already has a bullish Facebook stock price prediction, and we just received 1.3 billion more reasons to like Facebook Inc. (Nasdaq: FB) stock.
Amazon (AMZN) is the master of everything. They own the retail space, are a dominant force in data storage, have hits in hardware and are quietly a logistics master. But the real prize -- and its not AWS -- it is Prime. Thats what could make Whole Foods interesting -- effectively turning it into
In the social media group, Facebook (NASDAQ:FB) still seems like the stock to own. First and foremost, it has profits. Can you say the same about Twitter (NYSE:TWTR) or Snap Inc. (NYSE:SNAP)? Because Facebook is already established, it may be tempting for some to invest in one of these other