A federal judge on Tuesday partially overturned the conviction of Insys Therapeutics Inc’s founder and three former executives accused of bribing doctors to prescribe an addictive opioid, but declined to disturb the remainder of the jury’s verdict.
Former Chairman of LVMH North America Pauline Brown joins YFI PM to discuss her new book “Aesthetic Intelligence,” shares her views on Tesla’s new pickup truck, and more. She speaks wIth Yahoo Finance’s Zack Guzman, Heidi Chung, and BigEyedWIsh Founder Ian Wishingrad. …read more […]
Which stocks represent the most compelling investments? This is the million-dollar question for investors. Well, we say million, but that’s possibly for millionaires. For us mere mortals, it is probably the ‘few thousand-dollar question.’We all know by now that 2019 has been a record-breaking year, with the S&P 500 breaking its own record multiple times, so it gets harder to know which stocks offer good value after such a sustained rally.TipRanks’ Stock Screener is one way to get the lowdown, as it has a variety of filters, including upside potential, analyst consensus, and investor sentiment in which to gauge the …read more […]
Dell Technologies Inc missed Wall Street estimates for quarterly revenue on Tuesday as its server business wrestled with higher costs and lower demand in a market hit by U.S.-China trade tensions.
I recently detailed three reasons to be bullish on the stock market today.
One reason I listed for being bullish was merger and acquisition (M&A) activity. And since I shared that piece…
Charles Schwab Corp. (NYSE: SCHW) reached an agreement to acquire TD Ameritrade Holding Corp. (Nasdaq: AMTD) for $26 billion.
Louis Vuitton’s parent company, LVMH (OTC: LVMUY), raised its bid for Tiffany & Co. (NYSE: TIF) and then confirmed an agreement to buy the jewelry retailer for $16.2 million.
Novartis (NYSE: NVS) agreed to acquire The Medicines Company (Nasdaq: MDCO) for $9.7 billion.
According to Ernst & Young’s Capital Confidence Barometer, a “massive majority” …read more […]
U.S. stocks crawled higher on Tuesday, and all three major Wall Street indexes notched record levels, as upbeat comments by President Donald Trump on trade talks eclipsed some softer-than-anticipated economic data.
Mohamed El-Erian, Allianz’s chief economic adviser, says there will be ‘a mini deal that will see a truce through next year.’ …read more […]
Nail down a good rate, and you could save yourself thousands in interest costs. …read more […]
Medical device company Inspire MD (NSPR), best known for developing innovative MicroNet technology for vascular procedures, has attracted investor attention today following its release of updated registry data at the 2019 VEITH Symposium. As of this writing, Inspire MD shares are soaring nearly 15%.According to the findings, NSPR’s CGuard Embolic Prevention System (EPS) for the prevention of strokes caused by carotid artery disease saw procedural success in 100% of patients in the IRONGUARD 2 study. Not to mention the system isn’t associated with any major periprocedural, 30-day or one-year neurological complications.“The data from long term investigator-initiated multi-center studies presented at …read more […]
It’s sure been an adventure for retailers this earnings cycle…
In past Trade of the Day issues, we’ve discussed the dramatic earnings moves we’ve been seeing from names like Target (up big), Walmart (up big and then reversed lower), Home Depot (down big) and even Canada Goose (down big).
Noting these oversized moves, we decided to continue playing this trend since it’s been delivering profitable trades. And yesterday, this meant recommending members move into a new position on Dick’s Sporting Goods (NYSE: DKS).
Truth be told, given what we’ve seen lately, I thought Dick’s would move lower in reaction to earnings. Boy, was …read more […]
The Federal Reserve should move from a strict 2% inflation target to a broad, “flexible” promise that inflation would average that level over time, a key member of the U.S. central bank’s board of governors said on Tuesday in one of the most explicit endorsements yet of changes in its monetary policy framework.
Oil prices and a gauge of global stock markets edged higher on Tuesday, lifted by fresh record highs on Wall Street after U.S. President Donald Trump said the United States and China were close to agreeing on the first phase of a trade deal.
Ford is challenging Tesla to what it calls an “apples to apples” tug of war after Elon Musk tweeted out a video comparing the strength of its Cybertruck to an F-150. Yahoo Finance’s Akiko Fujita, Ines Ferre, Dan Howley and Emily McCormick discuss. …read more […]
Earnings of companies in the benchmark S&P 500 index are expected to decline in the fourth quarter from the year-earlier period, which would mark a second straight quarterly profit drop, according to IBES data from Refinitiv.
Discount retailer’s earnings disappoint, while revenue narrowly meet estimates Continue reading… …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
