Xencor (NASDAQ:XNCR) – Investment analysts at Wedbush dropped their Q2 2018 earnings estimates for shares of Xencor in a research note issued to investors on Tuesday, May 8th. Wedbush analyst D. Nierengarten now anticipates that the biopharmaceutical company will post earnings per share of ($0.50) for the quarter, down from their previous forecast of ($0.47). Wedbush currently has a “Outperform”....More>>>
May 17, 2018: Here are four stocks trading with heavy volume among 57 equities making new 52-week lows in Thursday’s session. On the NYSE advancers led decliners by about 1.12 to 1 and on the Nasdaq, advancers led decliners by about 1.5 to 1.
Celgene Corp. (NASDAQ: CELG) dropped about 2.7% Thursday to post a new 52-week low of $79.16. Shares closed at $81.36 on Wednesday and the stock’s....More>>>
Thursday was a relatively quiet day on Wall Street, and action in different parts of the market showed mixed signals for investors. On one hand, small-cap stocks moved higher, with key benchmarks in that area hitting record highs. Yet the better-known large-cap stock indexes like the S&P 500 gave up early gains. Looking more closely at individual stocks, some companies suffered from bad news....More>>>
Investing legend Bill Miller currently has 50 percent of his hedge fund, Miller Value Partners, invested in Bitcoin.
That is not a typo. I said fifty percent.
Miller currently has half of his investor’s money riding on a cryptocurrency. He told us so in a recent interview…1
If you aren’t familiar with Bill Miller here is what you should know. He is the only....More>>>
U.S. stocks were poised to rebound on Monday, after logging their worst weekly performance in more than two years, with gains spurred by reports that the U.S. and China are in behind-the-scenes talks to avert a global trade war.
A handful of Federal Reserve speakers may capture attention as well, as a holiday-shortened week of trading kicks off.
What are the main benchmarks doing?....More>>>
Carlyle Group is set to close its biggest-ever Asia private equity fund at $6.5 billion, people with direct knowledge of the matter said, in a deal that adds to the record levels of funds seeking deals in the region.
The private-equity giant had initially targeted a fund of $5 billion but raised its expectations following a strong response from its investors, known as limited partners, said....More>>>
source: Turquoise Hill website
For some time the share price of Turquoise Hill (TRQ) has been floundering around, as demand for copper has been restrained, as well as gold, which is the secondary metal it mines for.
That combination has keep the share price of the miner at a little over $3.00 per share for some time. That appears to have changed as the price of copper appears to have....More>>>
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For the first time ever, one bitcoin is worth more than an ounce of gold. According to a CNNMoney....More>>>
An important change in the underlying ownership of the U.S. bond market has so far gotten short shrift.
Among the biggest buyers of U.S. debt, China has garnered the most attention, but economists at Jefferies say that whats less appreciated is how Europe has shown an insatiable appetite for U.S. bonds.
As of the end of last year, euro area holdings of U.S. debt securities far surpassed....More>>>
Volkswagen AG’s world-leading development budget is shifting into overdrive, bolstered by spending at its Chinese joint ventures as the German carmaker seeks an edge in producing electric, self-driving autos.
The partnerships’ technology investments in the next five years will total 15 billion euros ($18 billion), Jochem Heizmann, head of Volkswagen’s business in China,....More>>>