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.
They may be the farthest from retirement, but a higher percentage of Millennials are contributing to their 401(k) retirement savings plans than Gen Xers or Baby Boomers, a new report by Bank of America Merrill Lynch says.
About 82% of Millennials are contributing to their 401(k) plans, compared to 77% of Gen X and 75% of Baby Boomers, says BofA’s Plan Wellness Scorecard.
Shares of Spark Therapeutics (NASDAQ:ONCE) have seen a nice bounce recently, having risen by 30% since late February. It looks like my “buy the dip” piece in late November was followed by a much larger “dip” than I was expecting (Note: This was an unexpected event and great example of how biotech is a minefield).
Figure 1: ONCE daily advanced chart (Source:....More>>>
As far as bad news goes, it’s the best bad news one could ever hope for. In September, the number of IT jobs in the United States “only” grew 0.17% from August’s total, reaching almost 5.2 million. That’s the word from TechServe Alliance anyway… an association of IT and engineering staffing companies. While not a huge number, it’s another step forward at....More>>>
Ford (NYSE:F) is known for its attractive valuation, it currently trades at around 7 times its 2017 projected earnings and has an attractive dividend yield of 5.36 percent. It also has a very low price-to-earnings ratio (P/E) compared to most other companies on the S&P 500. The stock trades at around $11 during the time I am writing this. However, after digging a little deeper, I have found....More>>>
Yesterday, our Under the Radar Moversnewsletter suggested small cap clinical-stage biotech RXi Pharmaceuticals Corp (NASDAQ: RXII) as a long/bullish trade for our short-term portfolio:
RXi Pharmaceuticals was hit pretty hard in September and October, but we like the way the stock’s been piecing together the foundation for a technical breakout. That is, we’ve made a higher low,....More>>>
The management of regulatory affairs essentially contributes to the overall success of new drug development – both at early pre-marketing stages and at all times post-marketing. This means that a biotech or pharma company’s regulatory affairs personnel will be heavily involved in all stages of new drug development both prior to and after an FDA approval.
Kelli Williams, a market researcher by day, was looking for a little side hustle. The 38-year-old from Oak Park, Ill., cruised Craigslist and found what seemed like a great moonlighting gig. “It seemed like it would be perfect. You could work as many or as few hours as you wanted and it was all done from your computer, remotely,” she said.
Goldman Sachs analystWaqar Syed and team see “green shoots [appearing] in the distance” for oil-field-services sector…just not offshore drillers. They explain why they cut Atwood Oceanics (ATW) and Noble (NE) to sell, where they join Transocean (RIG):
Photo: George Osodi/Bloomberg
Avoid offshore drillers as high-priced backlog rolls over (Sell Transocean/Atwood....More>>>
The Dow Jones today jumped 200 points in pre-market trading, as bullish investors reacted to stellar earnings reports from Netflix Inc. (Nasdaq: NFLX) and Goldman Sachs Group Inc. (NYSE: GS). Markets are likely to continue to rise on what is expected to be the strongest earnings sea
CHERRY HILL, N.J. A public employee pension crisis for state governments has deepened to a record level even after nearly nine years of economic recovery for the nation, according to a study released Thursday, leaving many states vulnerable if the economy hits a downturn.
Buying a home is one of the biggest investment in most individuals life. Almost always, a home is bought with a loan taken from a financial institution. Thus, one of the biggest burden on individuals most often is repaying a home loan and the interest on the loan taken. Is the