Trading Ideas
Here's Why I Think Regeneron Pharmaceuticals (NASDAQ:REGN) Might Deserve Your Attention Today
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to… …read more […]
Articles by admin
Business News
U.S. third-quarter growth unrevised; consumer spending strong
U.S. economic growth nudged up in the third quarter, the government confirmed on Friday, and there are signs the economy more or less maintained the moderate pace of expansion as the year ended, supported by a strong labor market.
Trading Ideas
U.S. third-quarter growth unrevised; consumer spending strong
U.S. economic growth nudged up in the third quarter, the government confirmed on Friday, and there are signs the economy more or less maintained the moderate pace of expansion as the year ended, supported by a strong labor market. Despite the unrevised reading, which was in line with economists’ expectations, consumer spending was stronger than previously reported. There were also upgrades to business spending on nonresidential structures such as power infrastructure, which limited the drop in overall business investment. …read more […]
Business News
Take Five: Ding dong markets merrily on high
As end-December approaches, money market players’ thoughts may be turning to a September scare, when rates in the $2.2 trillion U.S. repurchase or repo market spiked to 10%, boosting the premium to borrow dollars. The fear is a bigger crunch may erupt in the $2.2 trillion U.S. repo market towards year-end, a period when banks lend less and trading volumes fall.
Trading Ideas
Wall Street analysts bullish over Nike's digital growth, look past margin weakness
At least eight brokerages boosted their price target on the Dow-component’s stock on Friday, with Deutsche Bank making the most bullish move by raising it to $120, above Nike’s current share price of about $100. “Given Nike’s significant scale and IT spend advantage, coupled with its early lead in digital, we remain very bullish on the company’s ability to continue to maintain its momentum in digital,” said Evercore ISI analyst Omar Saad. In efforts to win market share from rivals, Nike has collaborated with celebrities, launched limited edition sneakers, spent on technology and increased marketing around major sporting …read more […]
Business News
Wall Street analysts bullish over Nike’s digital growth, look past margin weakness
Wall Street analysts were upbeat about Nike Inc’s long-term growth, encouraged by the sportswear maker’s robust online sales and strength in China that helped overcome slowing demand in North America, its biggest market.
Trading Ideas
Meet the millionaires and billionaires hosting fundraisers for Biden and Buttigieg
It was perhaps the starkest divide between the frontrunners at Thursday’s debate. The candidates who attend private fundraisers and those that reject them. …read more […]
Trading Ideas
HEICO Corporation Just Released Its Yearly Earnings: Here's What Analysts Think
HEICO Corporation (NYSE:HEI) shares fell 6.3% to US$116 in the week since its latest annual results. It was a credible… …read more […]
Business News
Veteran watchdog Bailey to guide Bank of England through Brexit
Britain’s new government named Andrew Bailey as the Bank of England’s next boss on Friday, entrusting a veteran regulator and technocrat with steering the economy and its vast finance industry through Brexit.
Business News
Boeing supplier Spirit AeroSystems to suspend production of 737 MAX parts
Boeing Co’s biggest supplier, Spirit AeroSystems Inc , said on Friday it would temporarily halt production of 737 MAX parts beginning Jan. 1.
Business News
Shell writes down up to $2.3 billion on weaker economic outlook
Royal Dutch Shell said on Friday it expected to write down up to $2.3 billion in the fourth quarter, the latest major energy company forced to shrink estimates for sector values due to a weaker economic outlook.
Business News
Stock futures at record high as trade optimism lingers
U.S. stock index futures ticked to fresh record highs on Friday as investors stayed optimistic that Washington and Beijing would sign a long-awaited trade treaty early in the new year.
Trading Ideas
Do Microsoft's (NASDAQ:MSFT) Earnings Warrant Your Attention?
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of… …read more […]
Trading Ideas
Why MarketAxess Holdings Inc.'s (NASDAQ:MKTX) High P/E Ratio Isn't Necessarily A Bad Thing
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We’ll apply a basic P/E… …read more […]
Trading Ideas
J&J to buy remaining stake in Verb Surgical to strengthen digital surgery portfolio
Bolstering its Ethicon unit, which makes surgical equipment, J&J in 2015 formed an independent company called Verb Surgical with Verily to create smaller, smarter and less costly robotic-assisted systems for surgery. The deal for Verb Surgical is expected to close in the first half of 2020, J&J said without disclosing deal terms. J&J pushed further into the surgical robotics space with its $3.4-billion acquisition of Auris Health Inc earlier this year. …read more […]