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24/7 Wall St. - Insightful Analysis and Commentary for U.S. and Global Equity Investors

Insightful Analysis and Commentary for U.S. and Global Equity Investors



Wednesday's Biggest Winners and Losers in the S&P 500  

March 29, 2017: The S&P 500 closed higher on the day, up 0.11 % and 2.56 points to 2,361.14. Separately the DJIA closed down 0.20% on the day at 20,659.39, down approximately 42.11 points. The...

2017-03-30 05:46:14
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3 

Alliqua BioMedical, SCANA Drop into Wednesday's 52-Week Low Club  

SCANA, Fang Holdings, Spirit Realty Capital, and Alliqua BioMedical all posted new 52-week lows Wednesday.

2017-03-30 05:34:18
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5 

UnitedHealth, Travelers Sink DJIA Wednesday  

UnitedHealth, Cisco Systems, Travelers, and United Technologies weighed on the DJIA Wednesday.

2017-03-30 04:51:05
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2 

Barclays Going Crazy For Amazon, Alphabet and Facebook  

When analysts issue new ratings on popular tech, internet, and social media stocks, sometimes the upside can be large. Traditional new ratings such as “Buy” and “Outperform”...

2017-03-30 04:42:08
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2 

ConocoPhillips Delivers Huge Win For Shareholders  

Things have improved handily from a year ago in the energy sector. Still, even with a pro-energy White House, things are far from perfect in the oil and gas sector. Now ConocoPhillips (NYSE: COP) is...

2017-03-30 04:40:07
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6 

Bezos vs Buffett: Amazon Worth as Much as Berkshire Hathaway  

Amazon's founder, Jeff Bezos, and Berkshire's founder, Warren Buffett, have become two of the wealthiest people in the world, almost entirely thanks to the success of the two companies they run.

2017-03-30 04:14:09
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1 

Why This Key Analyst Has a Mixed View of Vertex's Win  

Vertex Pharmaceuticals shares were jumping after the firm released results from two Phase 3 studies in the treatment of cystic fibrosis in ages 12 and older.

2017-03-30 03:31:03
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2 

A Single Robot May Cost Up to 6 Workers' Jobs  

A new academic paper estimates that job losses from adoption of robotic technology could change cost up to 6 million U.S. workers their jobs by 2025.

2017-03-30 03:24:21
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2 

Missiles Deliver Big Dividend Hike for Raytheon Shareholders  

Raytheon Company (NYSE: RTN) has been one of the pot-election winners that benefitted from the so-called “trump Bump” due to higher military spending ambitions. It turns out that the hype...

2017-03-30 03:23:19
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0 

Lululemon Gets Downward Dog on Guidance  

Lululemon Athletica Inc. (NASDAQ: LULU) reported its most recently quarterly earnings after the markets closed on Wednesday. The company posted $0.99 in earnings per share (EPS) and $789.9 million in...

2017-03-30 02:55:32
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0 

Why This Key Analyst Has a Mixed View of Vertex’s Win  

Vertex Pharmaceuticals shares were jumping after the firm released results from two Phase 3 studies in the treatment of cystic fibrosis in ages 12 and older. … Continue reading →

2017-03-29 20:17:41
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0 

UnitedHealth, Travelers Sink DJIA Wednesday  

UnitedHealth, Cisco Systems, Travelers, and United Technologies weighed on the DJIA Wednesday. … Continue reading →

2017-03-29 17:39:55
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0 

Barclays Going Crazy For Amazon, Alphabet and Facebook  

When analysts issue new ratings on popular tech, internet, and social media stocks, sometimes the upside can be large. Traditional new ratings such as “Buy” and “Outperform” ratings in established Dow Jones Industrial Average stocks and S&P 500 stocks come with upside targets implying gains of 8% to 15% at this stage in the bull … … Continue reading →

2017-03-29 16:49:56
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3 

Bezos vs Buffett: Amazon Worth as Much as Berkshire Hathaway?  

Amazon's founder, Jeff Bezos, and Berkshire's founder, Warren Buffett, have become two of the wealthiest people in the world, almost entirely thanks to the success of the two companies they run. … Continue reading →

2017-03-29 12:47:16
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10 

Expect More Federal Reserve Rate Hikes in 2017  

If the Federal Reserve and the financial markets are correct, 2017 will end up being the year that interest rates start to become more and more normalized on a historical basis.

2017-03-29 11:54:04
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2 

Tuesday's Top Biopharma Movers  

A few biopharma stocks made massive runs on Tuesday morning as the result of clinical trial results and earnings. Although not all of these moves were positive the overall sentiment was positive.

2017-03-29 11:28:59
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2 

Crude Oil Prices Bounces Higher Following Big Drop in Gasoline Supply  

The U.S. crude oil inventory fell by 900,000 barrels last week, but gasoline stockpiles dropped by 3.7 million barrels, more than 50% more than analysts had expected. Crude prices rose on the news.

2017-03-29 11:19:09
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2 

ConocoPhillips Delivers Huge Win For Shareholders  

Things have improved handily from a year ago in the energy sector. Still, even with a pro-energy White House, things are far from perfect in the oil and gas sector. Now ConocoPhillips (NYSE: COP) is delivering great news to its shareholders. After the close of trading on Wednesday, ConocoPhillips announced that the company has signed … … Continue reading →

2017-03-29 10:46:31
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0 

Alliqua BioMedical, SCANA Drop into Wednesday’s 52-Week Low Club  

SCANA, Fang Holdings, Spirit Realty Capital, and Alliqua BioMedical all posted new 52-week lows Wednesday. … Continue reading →

2017-03-29 10:37:43
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0 

Global Spending on Data Security to Reach $82 Billion in 2017  

Spending on data security is expected to reach nearly $82 billion globally in 2017. By 2020, worldwide spending will top $100 billion.

2017-03-29 09:59:03
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2 

What Analysts Are Saying About Carnival After Earnings  

Practically all the analysts covering Carnival hiked their price targets after its earnings report on Tuesday.

2017-03-29 08:57:58
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1 

If BlackRock Is Turning to Investing Robots, Should You Too?  

According to BlackRock management, asset managers who simply use the same techniques and tools from the past will limit their ability to generate alpha and deliver on client expectations.

2017-03-29 07:53:53
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1 

The Least Healthy County in Every State  

By many health measures, the United States, a nation of over 320 million, is an anomaly. Despite health spending approaching $10,000 per person — which amounts to twice and even three times the...

2017-03-29 07:46:21
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1 

What to Expect When Lululemon Reports Earnings  

Lululemon Athletica is scheduled to release its fiscal fourth-quarter financial results after the markets close on Wednesday.

2017-03-29 07:22:23
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1 

Lululemon Gets Downward Dog on Guidance  

Lululemon Athletica Inc. (NASDAQ: LULU) reported its most recently quarterly earnings after the markets closed on Wednesday. The company posted $0.99 in earnings per share (EPS) and $789.9 million in revenue, versus consensus estimates from Thomson Reuters that called for $1.01 in EPS and $783.56 million in revenue. The fiscal fourth quarter from last year had $0.85 in EPS and $704.28 million in revenue. … Continue reading →

2017-03-29 07:20:39
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1 

Wednesday’s Biggest Winners and Losers in the S&P 500  

March 29, 2017: The S&P 500 closed higher on the day, up 0.11 % and 2.56 points to 2,361.14. Separately the DJIA closed down 0.20% on the day at 20,659.39, down approximately 42.11 points. The question remains if the DJIA gain on Tuesday was just a head fake as the index is lower versus the Nasdaq and the S&P500. … Continue reading →

2017-03-29 06:20:53
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0 

The Path for Apple Shares to Rocket to $200 Ahead  

A new street-high analyst call has been laid for Apple Inc. (NASDAQ: AAPL). Sort of. Steven Milunovich of UBS has opined that Apple shares could hit $200 per share over the next few years — implying a gain of about 42% without consideration of dividend payments and raised dividends in the next couple of years. … … Continue reading →

2017-03-29 05:53:50
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6 

Missiles Deliver Big Dividend Hike for Raytheon Shareholders  

Raytheon Company (NYSE: RTN) has been one of the pot-election winners that benefitted from the so-called “trump Bump” due to higher military spending ambitions. It turns out that the hype behind higher defense spending is giving this military equipment giant confidence to boost its dividend handily. What should stand out here now is that Raytheon … … Continue reading →

2017-03-29 05:38:27
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0 

A Single Robot May Cost Up to 6 Workers’ Jobs  

A new academic paper estimates that job losses from adoption of robotic technology could change cost up to 6 million U.S. workers their jobs by 2025. … Continue reading →

2017-03-29 05:17:45
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0 

Apple, JPMorgan Dominate DJIA Tuesday  

Apple, JPMorgan, Caterpillar, and Goldman Sachs boosted the DJIA on Tuesday. Apple posted a new 52-week high in the process. … Continue reading →

2017-03-29 04:24:49
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3 

Why Consumer Confidence Soared Off the Charts in March  

Unusual strength in confidence readings has been the standout feature of the post-election economy. The consumer confidence index has yet to slow, as the spread between optimists and pessimists continues to widen. … Continue reading →

2017-03-29 04:19:41
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3 

Would It Make Sense for Amazon to Acquire Shopify?  

On top of stellar revenue growth, perhaps the current driver for Shopify shares is a market rumor that Amazon.com is interested in acquiring the company.

2017-03-29 04:10:01
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1 

Top-Performing S&P 500 Stocks Already Showing Gains of 30% to 50% in 2017  

24/7 Wall St. tracked the best performing members of the S&P 500 Index on a year-to-date basis. It turns out that seven of the 500 stocks have gains of between 30% and 50%. That's no small potatoes. … Continue reading →

2017-03-29 03:29:07
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2 

How Facebook Is Getting Even More Political  

Facebook always has been a platform about sharing ideas and beliefs with friends, but now it is taking a more political stance. The social media giant will launch a service to connect uses with their local elected officials. … Continue reading →

2017-03-29 03:05:51
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2 

Tuesday’s Biggest Winners and Losers in the S&P500  

March 28, 2017: The S&P 500 closed higher on the day, up 0.73% and 16.99 points to 2,358.58. Separately the DJIA closed up 0.73% on the day at 20,701.78 , up approximately 150.80 points. It seems that the Dow has broken its losing streak of 8 consecutive trading days down, which had not happened since August 2011. … Continue reading →

2017-03-29 02:33:59
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2 

GGP, CenturyLink Drop into Tuesday’s 52-Week Low Club  

GGP, CenturyLink, Spirit Capital, and AVEO Pharma all posted new 52-week lows on Tuesday. … Continue reading →

2017-03-29 02:27:25
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2 

Why Catalyst Bio Nearly Tripled  

Catalyst Biosciences saw its shares practically triple in Tuesday's session after the company announced a critical regulatory approval. … Continue reading →

2017-03-29 02:22:54
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3 

Morgan Stanley Cuts Price Targets on Natural Gas-Related Firms  

Energy analysts at Morgan Stanley have cut price targets on 17 of 18 companies affected by continuing low natural gas prices. Coal is not a significant factor and won't be in the future. … Continue reading →

2017-03-29 01:38:03
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2 

States Losing and Gaining the Most Homebuyers  

Americans are not a mobile as they were 30 years ago, but they are still moving from state to state at a steady pace. Some states are losing population and others are gaining, and a homebuyers age is...

2017-03-29 01:08:35
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1 

Why American Airlines Paid $200 Million for a Small Stake in China Southern  

American Airlines announced Tuesday morning that it has acquired a less than 3% stake in China Southern Airlines for $200 million. … Continue reading →

2017-03-29 01:02:56
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2 

How Facebook Is Getting Even More Political  

Facebook always has been a platform about sharing ideas and beliefs with friends, but now it is taking a more political stance. The social media giant will launch a service to connect uses with their...

2017-03-28 21:27:21
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7 

GGP, CenturyLink Drop into Tuesday's 52-Week Low Club  

GGP, CenturyLink, Spirit Capital, and AVEO Pharma all posted new 52-week lows on Tuesday.

2017-03-28 14:22:49
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5 

Fintech Firm Elevate Credit Files (Again) for IPO  

Online lender Elevate Credit plans an IPO of 7.7 million shares in an expected price range of $12 to $14, raising $100 million. This is the company's second try after withdrawing a planned IPO in...

2017-03-28 13:32:47
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12 

Why Catalyst Bio Nearly Tripled  

Catalyst Biosciences saw its shares practically triple in Tuesday's session after the company announced a critical regulatory approval.

2017-03-28 12:50:31
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4 

The Path for Apple Shares to Rocket to $200 Ahead  

A new street-high analyst call has been laid for Apple Inc. (NASDAQ: AAPL). Sort of. Steven Milunovich of UBS has opined that Apple shares could hit $200 per share over the next few years —...

2017-03-28 12:34:08
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1 

Why Consumer Confidence Soared Off the Charts in March  

Unusual strength in confidence readings has been the standout feature of the post-election economy. The consumer confidence index has yet to slow, as the spread between optimists and pessimists...

2017-03-28 12:24:21
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5 

Top Analyst Has 5 Big Reasons to Keep Buying Semiconductor Stocks  

In addition to highlighting four top semiconductor stock picks, SunTrust Robinson Humphrey also lists five reasons to remain positive on selected stocks.

2017-03-28 11:55:16
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5 

Athene Holding Updates IPO Outlook  

Athene Holding has amended its filing with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO).

2017-03-28 09:30:39
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3 

Morgan Stanley Cuts Price Targets on Natural Gas-Related Firms  

Energy analysts at Morgan Stanley have cut price targets on 17 of 18 companies affected by continuing low natural gas prices. Coal is not a significant factor and won't be in the future.

2017-03-28 08:44:36
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0 

Tuesday's Biggest Winners and Losers in the S&P500  

March 28, 2017: The S&P 500 closed higher on the day, up 0.73% and 16.99 points to 2,358.58. Separately the DJIA closed up 0.73% on the day at 20,701.78 , up approximately 150.80 points. It seems...

2017-03-28 07:38:19
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1 

SEC Uncovers Boiler Room Scheme in Florida Firm  

The SEC has announced charges against a Florida-based company, its CEO and its top sales agent in regards to conducting a boiler room scheme.

2017-03-28 07:33:13
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1 

January Home Prices Continue Climbing: Case-Shiller  

The S&P CoreLogic Case-Shiller home price index for January rose 5.9% year over year, as Seattle, Portland, and Denver reported the largest gains among the 20 cities in the index's composite...

2017-03-28 06:28:05
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1 

March Consumer Confidence Index Hits 16-Year High  

March's Consumer Confidence Index reached a 16-year high, according to the Conference Board.

2017-03-28 05:28:12
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0 

Why American Airlines Paid $200 Million for a Small Stake in China Southern  

American Airlines announced Tuesday morning that it has acquired a less than 3% stake in China Southern Airlines for $200 million.

2017-03-28 03:36:21
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1 

Top-Performing S&P 500 Stocks Already Showing Gains of 30% to 50% in 2017  

24/7 Wall St. tracked the best performing members of the S&P 500 Index on a year-to-date basis. It turns out that seven of the 500 stocks have gains of between 30% and 50%. That's no small...

2017-03-28 02:53:11
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2 

Apple, JPMorgan Dominate DJIA Tuesday  

Apple, JPMorgan, Caterpillar, and Goldman Sachs boosted the DJIA on Tuesday. Apple posted a new 52-week high in the process.

2017-03-28 01:38:06
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0 

Monday’s Biggest Winners & Losers in the S&P 500  

March 27, 2017: The S&P 500 closed lower on the day, down 0.10% and 2.39 points to 2,341.58. Separately the DJIA closed down 0.22% on the day at 20,550.98, down approximately 45.74 points. The broad markets traded lower initially on the day, although things picked up slightly from the open it was still a down day. Also with the Dow closing lower it marks the 8th trading day in a row that the Dow has closed lower, dating back to 2011. … Continue reading →

2017-03-27 19:14:27
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5 

Manufacturing Recovery Continues in Texas Region  

The Federal Reserve Bank of Dallas's Texas manufacturing outlook survey for the month of March showed that manufacturing activity strengthened in the state for the ninth consecutive month. … Continue reading →

2017-03-27 19:08:02
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5 

What Analysts Are Saying About Snap After the Quiet Period  

The quiet period is over for the investment houses underwriting the Snap IPO and — not surprisingly — they were very bullish on the stock. … Continue reading →

2017-03-27 16:33:35
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3 

Manufacturing Recovery Continues in Texas Region  

The Federal Reserve Bank of Dallas's Texas manufacturing outlook survey for the month of March showed that manufacturing activity strengthened in the state for the ninth consecutive month.

2017-03-27 13:28:31
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6 

15 Companies Making the Most From the Government  

U.S. government federal contract spending totaled $436.9 billion in 2015, with an estimated 64% of the spending going to national defense contracts. The U.S. defense budget is by far the largest in...

2017-03-27 13:11:06
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6 

How Home Depot and Lowe's Are Winning in the Omni-Channel While Others Are Losing  

One area of retail that shows no sign of slowing down is the home improvement segment, where big dogs Home Depot and Lowe's are optimizing their omni-channel efforts to post solid growth.

2017-03-27 12:56:09
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10 

Fitbit, Macy’s Slip into Monday’s 52-Week Low Club  

Fitbit, GIII Apparel, CenturyLink, and Macy's all posted new 52-week lows on Monday. … Continue reading →

2017-03-27 12:26:30
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8 

Oil Companies Will Bear Brunt of Border Adjustment Tax  

The oil and gas industry will generate 50% to 65% of total collections if the Congress and the Trump administration implement a border adjustment tax.

2017-03-27 12:20:55
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4 

Oil Companies Will Bear Brunt of Border Adjustment Tax  

The oil and gas industry will generate 50% to 65% of total collections if the Congress and the Trump administration implement a border adjustment tax. … Continue reading →

2017-03-27 11:46:18
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1 

National Gas Price Drops for Third Straight Week: 40 States Post Lower Prices  

Gasoline prices have fallen for a third straight week, down to $2.28 per gallon on average for regular nationwide. It is the first time since at least 2008 that average gas prices did not rise in the...

2017-03-27 09:22:54
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2 

15 Companies Making the Most From the Government  

U.S. government federal contract spending totaled $436.9 billion in 2015, with an estimated 64% of the spending going to national defense contracts. The U.S. defense budget is by far the largest in the world, and the government relies heavily on the private sector to meet its needs. Likewise, many contractors rely on the government for … … Continue reading →

2017-03-27 07:30:36
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0 

How Home Depot and Lowe’s Are Winning in the Omni-Channel While Others Are Losing  

One area of retail that shows no sign of slowing down is the home improvement segment, where big dogs Home Depot and Lowe's are optimizing their omni-channel efforts to post solid growth. … Continue reading →

2017-03-27 06:33:59
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0 

Tesla Short Interest Remains Flat  

Tesla's short interest for the period ending was about the same as in the previous period. But keep in mind that this number is approximately 25% of Tesla's float,so still a sizable bet.

2017-03-27 06:33:24
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7 

What to Expect From Red Hat Earnings  

Red Hat is scheduled to release its fiscal fourth quarter financial results after the markets close on Monday. … Continue reading →

2017-03-27 06:11:05
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0 

Apple Short Interest Rises Nearly 2 Million Shares  

Apple saw its short interest tick up by almost 2 million shares for the period ended March 15. Based on this, it ranked 10th among the companies with stocks listed on the Nasdaq.

2017-03-27 05:28:19
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1 

Chevron, Goldman Sachs Sink DJIA Monday  

Chevron, Goldman Sachs, GE, and Verizon combined to weigh down the DJIA Monday. … Continue reading →

2017-03-27 04:27:40
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6 

Apple Pay 'Growing Nicely' Says Analyst  

Just over two years after its introduction, Apple Pay adoption is "growing nicely" according to analyst Gene Munster of Loup Ventures.

2017-03-27 03:49:30
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2 

What Analysts Are Saying About Snap After the Quiet Period  

The quiet period is over for the investment houses underwriting the Snap IPO and — not surprisingly — they were very bullish on the stock.

2017-03-27 03:33:07
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1 

Cybersecurity Stocks See Increase in Short Interest Bets  

The March 15 short interest data have been compared with the previous figures, and short interest in most of the selected cybersecurity stocks increased.

2017-03-27 02:50:45
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1 

The 10 Most Heavily Shorted Stocks on All of Wall Street  

Short sellers are an interesting breed of investors on Wall Street. To some investors it may even sound unpatriotic to bet on a stock going down rather than rising. Still, there are many reasons that traders, investors and even certain insider might be short a stock and they do not all lead to the price … … Continue reading →

2017-03-27 01:01:04
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0 

More Than 1 Million New Defaulted Student Loans in 2016  

More than 1 million federal student loans went into default last year. The defaulted debt totals $137.4 billion, nearly 10% of total federal student debt outstanding. … Continue reading →

2017-03-26 20:31:49
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8 

Insider Buying Jumps as Market Volatility Grows: Sears, IFF, Pulse Biosciences, PRA Group, Radius Health and More  

The big drop in the markets, the first of 1% or greater in a very long time, no doubt helped the insider buyers to go in and grab shares. With earnings right around the corner, this may be the last time until May that some have a chance to buy. … Continue reading →

2017-03-26 18:13:37
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3 

Twitter Leads Social Media In anti-Semitic Posts  

During a period when hate messages have swept onto social media, a new study shows that the leader in the anti-Semitic category of posts on social media sites Twitter is (NYSE: TWTR). And its lead over other social media is considerable. Twitter has become a hot bed of political comments, and a battleground among a large … … Continue reading →

2017-03-26 16:26:59
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3 

Why Analysts Are Growing Even More Bullish on Micron Technology  

Micron Technology reported a strong earnings beat for its most recent quarter, and analysts couldn't be more thrilled.

2017-03-26 13:28:32
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11 

DJIA’s Worst Performing Stock in 2017 Is Exxon Mobil  

Exxon Mobil stock dropped nearly 1% last week, to close down 10% for the year to date and keep its position as the worst performing of the 30 stocks included in the DJIA index. The index has posted a gain of 4.2% so far this year. … Continue reading →

2017-03-26 13:24:16
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2 

Lincoln’s Resorts To Incentives For New Continental  

The iconic Lincoln Continental, resurrected by the Ford (NYSE: F) luxury division to be its flagship was added to the brand’s line up this year.. Lincoln has started to give buyers aggressive discounts, a bad sign for a model which was just introduced. Ford sold a very modest 2,246 Continentals in the first two months … … Continue reading →

2017-03-26 13:05:35
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2 

Insider Buying Jumps as Market Volatility Grows: Sears, IFF, Pulse Biosciences, PRA Group, Radius Health and More  

The big drop in the markets, the first of 1% or greater in a very long time, no doubt helped the insider buyers to go in and grab shares. With earnings right around the corner, this may be the last...

2017-03-26 12:25:26
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8 

Why FireEye Could Outperform Other Cybersecurity Leaders  

Although FireEye has underperformed the broad markets since mid-2015 when the stock was near $50 per share, the outlook for this cybersecurity firm has never been brighter.

2017-03-26 12:09:05
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5 

Why FireEye Could Outperform Other Cybersecurity Leaders  

Although FireEye has underperformed the broad markets since mid-2015 when the stock was near $50 per share, the outlook for this cybersecurity firm has never been brighter. … Continue reading →

2017-03-26 11:31:08
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3 

Apple Continues to Be DJIA's Best Performing Stock of 2017  

Apple continues to hold its position as the best performing DJIA index stock for the year to date. Shares have added more than 21% so far in 2017.

2017-03-26 09:02:08
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9 

Twitter Leads Social Media In anti-Semitic Posts  

During a period when hate messages have swept onto social media, a new study shows that the leader in the anti-Semitic category of posts on social media sites Twitter is (NYSE: TWTR). And its lead...

2017-03-26 08:46:05
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8 

More Than 1 Million New Defaulted Student Loans in 2016  

More than 1 million federal student loans went into default last year. The defaulted debt totals $137.4 billion, nearly 10% of total federal student debt outstanding.

2017-03-26 08:43:53
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8 

Marijuana News Roundup: Feds Sentenced 3,500 to Prison Last Year for Pot-Related Offenses  

Nearly 20,000 Americans were sentenced under federal guidelines related to drug offenses in fiscal year 2016. Of that total, 3,534 were sentenced in cases related to marijuana.

2017-03-26 08:34:04
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8 

2 IPOs Succeeded Last Week, as Did a Blank-Check Company That Raised $900 Million  

Last week's biggest IPO was a blank-check company that raised $900 million for the purpose of buying an energy business. Two other IPOs raised a total of about $180 million. … Continue reading →

2017-03-26 05:37:21
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2 

DJIA's Worst Performing Stock in 2017 Is Exxon Mobil  

Exxon Mobil stock dropped nearly 1% last week, to close down 10% for the year to date and keep its position as the worst performing of the 30 stocks included in the DJIA index. The index has posted a...

2017-03-26 04:43:46
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8 

Apple Continues to Be DJIA’s Best Performing Stock of 2017  

Apple continues to hold its position as the best performing DJIA index stock for the year to date. Shares have added more than 21% so far in 2017. … Continue reading →

2017-03-26 03:45:28
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7 

2 IPOs Succeeded Last Week, as Did a Blank-Check Company That Raised $900 Million  

Last week's biggest IPO was a blank-check company that raised $900 million for the purpose of buying an energy business. Two other IPOs raised a total of about $180 million.

2017-03-26 03:33:03
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8 

Marijuana News Roundup: Feds Sentenced 3,500 to Prison Last Year for Pot-Related Offenses  

Nearly 20,000 Americans were sentenced under federal guidelines related to drug offenses in fiscal year 2016. Of that total, 3,534 were sentenced in cases related to marijuana. … Continue reading →

2017-03-26 02:59:45
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2 

Why Analysts Are Growing Even More Bullish on Micron Technology  

Micron Technology reported a strong earnings beat for its most recent quarter, and analysts couldn't be more thrilled. … Continue reading →

2017-03-26 02:02:51
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2 

Lincoln's Resorts To Incentives For New Continental  

The iconic Lincoln Continental, resurrected by the Ford (NYSE: F) luxury division to be its flagship was added to the brand’s line up this year.. Lincoln has started to give buyers aggressive...

2017-03-26 01:02:59
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8 

Self-Driving Uber Car Crashes in Arizona  

A self-driving Volvo SUV operated by Uber was involved in a crash in Tempe, Arizona, on Friday. No injuries have been reported, but the accident just adds fuel to the fire burning around Uber recently. … Continue reading →

2017-03-25 20:53:43
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12 

Ford Sales Expected to Slide Sharply in March  

Ford's U.S. sales are expected to drop sharply in March while industry sales are expected to rise, according to Kelley Blue Book. … Continue reading →

2017-03-25 20:47:06
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9 

Exxon Is Target of Mini-Tender Offer  

Exxon Mobil has notified shareholders of a mini-tender offer for up to 2 million shares of the company's stock at a discount to the stock's price. The SEC has warned investors in the past of the dangers inherent in this type of tender offer. … Continue reading →

2017-03-25 20:31:47
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18 

New China Airliner Major Threat to Boeing  

Boeing recently said that Asia, and particularly China, are the key to its future growth. China just put up a barrier to those ambitions. … Continue reading →

2017-03-25 18:48:31
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11 




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