Shares ofAnika Therapeutics Inc(NASDAQ:ANIK), a small-cap biotech focused on regenerativemedicine, were down 36% as of 11:10 a.m. EDT on Tuesday. The stock plummetedafter the company reported data from an important phase 3 study.
Headlines about Spherix (NASDAQ:SPEX) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale
Stocks spent most of Friday’s session in the red before breaking higher at the end of the trading day. By the close, theDow Jones Industrial Average(DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) indexes had each gained less than 0.25%.
Investors can add all sorts of investments to an IRA, but many financial advisors will suggest sticking with conservative dividend stocks. The reason is simple — blue chip income generators generally bounce back from big market crashes, and the compounding effect of reinvested dividends can deliver massive returns over several decades.
At first glance, tobacco giant Altria (NYSE:MO)....More>>>
No good deed goes unpunished, as the saying goes. On first impression, that’s what happened to Dr. Robert McClendon, a Texas physician. He lent $100,000 to a business to cover its payroll. And then he got hit with a $4.3 million IRS penalty for the company’s payroll taxes, a penalty that was just upheld in court. But, as often happens with taxes, the situation is more complex. The....More>>>
Saddle Brook, NJ, based Investment company Bulldog Investors, LLC buys Japan Smaller Capitalization Fund, Great Elm Capital, Putnam Highome Securities Fund, Central Securities, Clough Global Equity Fund, Delaware Enhanced Global Dividend of Beneficial In, Credit Suisse Asset Mgmtome Fund, New Ireland Fund (The), Delaware Investments Dividend &ome Fund, Liberty All-Star Equity Fund, sells First....More>>>
August 31, 2017: The S&P 500 closed up 0.57% at 2,471.51. The DJIA closed up 0.27% at 21,952.31 and the Nasdaq closed up 0.95% at 6,428.66.
Trading opened higher on all three indexes Thursday morning following a solid report on consumer incomes and spending and a better-than-expected report on new claims for unemployment benefits. Crude oil prices leapt higher on supply concerns....More>>>
Large cap luxury accessories stock Tiffany & Co (NYSE: TIF) reported Q2 earnings before the market opened Thursday morning with a larger-than-expected quarterly profit and sales thanks in partto higher demand for its fashion and designer jewelry in Japan along with lower input costs. Worldwide net sales increased 3% to $960 million and comparable store sales declined 2% while on a constant-exchange-rate....More>>>
Although shares of Alaska Air Group Inc. (NYSE:ALK) are up about 50% over the past 12 months, I think there’s still a great deal of value here. In my view, investors should strongly consider taking a position in this name. I’ll go through my reasoning below by highlighting some of the elements of the recent financial performance. I’ll also provide a model of my future price forecast....More>>>
With an astonishing revenue growth in 2016 and 2017, SharedLabs, Inc. (SHLB) is the next unicorn startup company that will sell shares in Wall Street. The companys growth is sustained by innovative services in exciting sectors, such as artificial intelligence, blockchain, and the Internet of Thi
Mohnish Pabrai published another iteration of his Cannibal Portfolio. The Cannibals are a number of stocks selected by an algorithm that are eating themselves, aka buying back their own stock. It is a bit of a misnomer, I believe introduced by Charlie Munger, seeing as eating yourself would be
TransCanada (NYSE: TRP) is a $42 billion North American oil company headquartered in Calgary, Alberta that develops energy infrastructure. As we will see throughout this article, TransCanadas significant history of returns, combined with a growing market, and the companys growth projects means t
Enterprise Products Partners (NYSE: EPD) is an American natural gas and crude oil pipeline company, and with a $60 billion market cap, one of the largest. The company has had a difficult time since the start of the oil crash, with its stock price dropping by almost 40%. Despite this, as we w
A long-term investment in Corning's (NYSE:GLW) shares is more than just a play on the company's transformation through its acquisition strategy, new product offerings and its capital allocation plan. A key component that will drive the company's revenue and earnings growth is how outside companie