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>>>
California Resources (NYSE:CRC) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Wednesday.
According to Zacks, “California Resources Corporation is engaged in exploration and production of oil and gas. The Company produces, gathers, processes and markets crude oil, natural gas, natural gas liquids and....More>>>
Deutsche Post AG ADR (OTCPK:DPSGY) has a strong management which has been able to capitalize on the growth in the global e-commerce industry and the German economy. The company witnessed top-line growth as well as margin expansion and was able to generate a good amount of free cash. It was also able to maintain an excellent dividend payout, thus fulfilling all the relevant criteria required to be....More>>>
More than two years after a government crackdown on corruption sent Macau gaming stocks tumbling, The Chinese government has unveiled yet another new regulation on the Macau gaming industry that has hit gaming stocks hard. The latest new law cut the daily ATM withdrawal limit in Macau from 10,000 patacas to 5,000 patacas, or roughly $626.
Unfortunately, transparency and predictability has....More>>>
Wall Street analysts forecast that Mimecast (NASDAQ:MIME) will post sales of $71.38 million for the current fiscal quarter, according to Zacks. Five analysts have issued estimates for Mimecast’s earnings. The highest sales estimate is $71.57 million and the lowest is $71.00 million. Mimecas
Chinese search giantBaidu(NASDAQ:BIDU) went public in 2005. After stumbling out of the IPO gate, it experienced the type of run-up that can create dynastic wealth for patient investors. Between early 2006 and mid-2011, shares of the company advanced 3,000%. In other words, in just five years, you