There’s no official IPO date yet, but Snap Inc. stock is already the buzz of Wall Street right now because of its massive $25 billion valuation.
There are estimates Snapchat could be valued at $40 billion by the time of its IPO. That would make it the biggest IPO since Alibaba Group Holding Ltd. (NYSE: BABA). Plus, projections for Snap Inc. stock’s earnings growth are extremely....More>>>
The Russell 2000 hasn’t seen this kind of winning streak since 2013.
After eight straight weeks of gains, history suggests small caps are flashing a big buy signal to all stocks.
“We took a look at future returns after these long weekly win streaks on the Russell 2000, sure enough small caps continued to do well. What’s more interesting, though, is the S&P 500 actually does....More>>>
NextEra Energy Inc (NYSE:NEE) insider Manoochehr K. Nazar sold 36,807 shares of the company’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $189.87, for a total transaction of $6,988,545.09. Following the completion of the sale, the insider now owns 149,034 shares of the company’s stock, valued at approximately $28,297,085.58. The transaction....More>>>
SLM Corp (NASDAQ:SLM) was the recipient of a significant drop in short interest in February. As of February 28th, there was short interest totalling 25,344,682 shares, a drop of 7.9% from the February 15th total of 27,526,633 shares. Based on an average daily volume of 2,432,026 shares, the days-to-cover ratio is presently 10.4 days. Approximately 5.9% of the company’s stock are sold short.....More>>>
10 Least Tax-Friendly States in US: 2017
8 Ways for Agents to Answer ‘What Do You Do?’
FINRA Regulatory Chief Axelrod to Depart
The Securities and Exchange Commission has named Peter Driscoll director of the agency’s Office of Compliance Inspections and Examinations.
He’s been serving as OCIE’s acting director since January, when former OCIE head....More>>>
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There’s a famous saying when it comes to trading that goes like this:
“Bulls climb up the stairs and the bears fall out of the window…”
In other words, this means stocks often fall faster than they rise.
In fact, if you’re not playing....More>>>
Goldman Sachs Group upgraded shares of Hudson Pacific Properties (NYSE:HPP) from a neutral rating to a buy rating in a research note released on Monday morning, Marketbeat Ratings reports. The firm currently has $40.00 target price on the real estate investment trust’s stock, up from their prior target price of $37.00.
HPP has been the topic of several other reports. Zacks Investment....More>>>
It’s no big secret that Medicare isn’t exactly on solid financial footing, but the recently released 2018 Medicare Trustees Report shows that the problem may be even worse than we thought. With that in mind, here are five key takeaways from the 260-page report that Americans need to hear, and what they could mean to you.
The Hospital Insurance (HI) trust fund is set to run out....More>>>
Kistler Tiffany Companies LLC cut its position in shares of General Electric (NYSE:GE) by 20.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 55,160 shares of the conglomerate’s stock after selling 13,892 shares during the period. Kistler Tiffany Companies LLC’s holdings in General Electric....More>>>
Here are stocks that are in the news today:
IDBI Bank: RBI categorized IDBI Bank as a private sector bank for regulatory purposes with effect from January 21, 2019 consequent upon Life Insurance Corporation of India acquiring 51 percent of the total paid up equity share capital of the bank.
Tide Water Oil (India): Board declared 2nd Interim Dividend of 1700 percent (Rs 85) per ordinary....More>>>
Investors have lived for half a year in the shadow of the bear, and now find the the indexes on the cusp of breaking back into the light.
The market has burned up a brimming reservoir of pessimism and done just enough to encourage the bulls, without fully disproving the skeptics case that last year’s highs will go unchallenged.
Wednesday will mark six months since the S&P....More>>>
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Bioscrip Inc (NASDAQ:BIOS)Q4 2018 Earnings Conference CallMarch 15, 2019, 9:00 a.m. ET
Prepared Remarks Questions and Answers Call Participants
Greetings and welcome to the Bioscrip and Option Care Merger Transaction call. At this time all participants are in a listen-only mode.....More>>>
Ride-hailing platform Lyft will launch the investor road show for its initial public offering on Monday, March 18, according to people familiar with the matter.
Lyft will be seeking to convince investors to make large commitments to its IPO, rather than hold out for its larger rival Uber Technologies, which is planning to launch its own public offering next month, the sources said.
Ric Edelman Unveils Novel Social Security Supplement Plan
DOL Fiduciary Rule Hurts Now, Annuity Community Says
These 6 Basic Financial Questions Baffled a Third of Americans
Helping clients give money away isn’t just good service, a new survey from Foundation Source finds that it can actually be good for one’s advisory practice, too.
Foundation Source on Thursday....More>>>
On Friday, our Under the Radar Movers newsletter suggested small cap clinical-stage biopharmaceutical stock Bioline RX Ltd (NASDAQ: BLRX) as a speculative buy:
“Once again we’ve zoomed out to a long-term view of a stock we’re buying as it takes that view to see what’s really underway here. This is a major paradigm shift here, marked by the first higher low in months,....More>>>