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Healthcare giant Novartis signed a $1.2 million contract with Michael Cohen's consulting firm, took one meeting, and realized he couldn't help them

Pharmaceutical giant Novartis is among the companies listed in paying Essential Consulting, a firm linked to Michael Cohen, President Donald Trump’s lawyer. Novartis signed a $100,000 a month contract with Cohen’s firm in February 2017. “Novartis determined that Michael Cohen and Essential Consultants would be unable to provide the services that Novartis had anticipated related to US healthcare policy matters,” the company said in a statement. …read more […]

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AstraZeneca Stock Price and Research (NYSE: AZN)

AstraZeneca (NYSE: AZN) is a large cap company that operates within the pharmaceutical industry. Its market cap is $92 billion today and the total one-year return is 24.61% for shareholders.

AstraZeneca stock is beating the market, and it reports earnings soon. But does that make it a good buy today? To answer this question we’ve turned to the Investment U Stock Grader. Our research team built this system to diagnose the financial health of a company.

Our system looks at six key metrics…

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✗ Earnings-per-Share (EPS) Growth: AstraZeneca reported a recent EPS growth rate of -29.45%. That’s below the pharmaceutical industry average …read more […]

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Buy Weibo Corp Following the Post-Earnings Dip

If you want proof that life isn’t always fair, look no further than Weibo Corp (ADR) (NASDAQ:WB) — one of the most popular social media sites in China. Weibo earnings were released Wednesday morning. The company managed to top its first-quarter sales and earnings estimates — quite firmly, in fact. …read more […]

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Cashing In on the Greatest Achievement in Decades

“Suppose you could make money trading harvested baby brains. Would you do it?” asked Charlie Munger, Berkshire Hathaway’s (NYSE: BRK) outspoken vice chairman. To him, bitcoin is just as bad.

Munger and Warren Buffett set the Twitterverse afire by poo-pooing bitcoin and cryptocurrency at Berkshire’s recent annual shareholder meeting.

But Munger did admit that blockchain, the computer science behind bitcoin, “is a great triumph of the human mind.”

I agree with him there.

But today I’m talking about perhaps the most controversial investment opportunity in history… an opportunity formed by the colliding worlds of cryptocurrencies and marijuana.

The two are made for each other.

And the …read more […]

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Trump says ‘great night’ after ex-con loses WVa primary

Republican voters rejected ex-convict Don Blankenship in a West Virginia Senate primary in which he sold himself as “Trumpier than Trump” but was vigorously opposed by Trump himself. GOP voters in Indiana, meanwhile, chose wealthy businessman Mike Braun over two sitting congressmen to lead the party’s charge against a vulnerable Democratic senator in the fall. President Donald Trump and his allies cheered the West Virginia result, which helped avert a potential political disaster for a GOP already bracing for major losses in the November midterm elections. …read more […]

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Cadillac ATS sedan is in its last year

Cadillac has just confirmed that the ATS sedan dies at the end of the 2018 model year. In an e-mail, carmaker spokesman Donny Nordlicht wrote, “Production of the ATS Sedan is ending due to extensive plant upgrades, expansion and re-tooling to prepare for the next generation of Cadillac sedans.” The admission confirms several months of deduction based on a document trail put together by The Truth About Cars. …read more […]

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Google’s new AI is magic — but raises a lot of questions

Several times during CEO Sundar Pichai’s keynote presentation at the company’s I/O developer conference, the audience of 7,000 gasped or burst into applause. That’s because some of Google’s massive investments in artificial intelligence are now paying off—in features that truly are magical. …read more […]