Related VRX PPH May Be Home To Hedge Fund Hotels, But This ETF Can Endure Valeant Bull Case ($70?) Is Now All About The Next CEO Allergan Touts Future Without Pfizer; Teva Deal Still On Track (Investor’s Business Daily) Related ANAC Mid-Day Market Update: U.S. Stocks Rise; Cree Shares Decline On Weak Outlook....more>>>
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Sunedison Inc (NYSE: SUNE) has officially been approached by the SEC, and it has a new DoJ subpoena to boot.
The September U.S. Dollar Index is trading at 96.72, up 0.62.
The U.S. dollar index is trading at the highs of the session.
Market chatter about a military coup in Turkey has caused modest disruptions in forex trading .
In other Forex Markets;
EUR/USD is trading at 1.1028, down 0.0077.
GBP/USD is trading at 1.3174, down 0.0175.
USD/JPY is trading at 104.65, down....more>>>
Related USO Baker Hughes Reports March 2016 Rig Counts Oil Prices Jump 6% On Surprise U.S. Drawdown, But World Bank Sees Limited Upside In 2016 The Geopolitics Of Cheap Energy (Seeking Alpha)
May crude oil futures are trading higher by $2.08 at $39.34 in Friday’s session. They started move....more>>>
Stocks finished slightly higher today after the FOMC minutes showed a Fed divided over whether to hike interest rates.
Agence France-Presse/Getty Images
The S&P 500 gained 0.2% to 2,182.22 today, while the Dow Jones Industrial Average rose 21.92 points, or 0.1%, to18,573.94. The Nasdaq Composite advanced 0.03% to 5,228.66.
Deutsche Bank’s Alan Ruskin urges investors....more>>>
As the world shifts from legacy distribution to mobile and over-the-top viewing, both Time Warner (NYSE:TWX) and AT&T (NYSE:T) face a slowing growth long-term outlook, but in different ways. It’s totally understandable that these companies would consider solving their perceived problems and resolving their issues via mergers. Big Phone has a need for content to fill its massive distribution....more>>>
Loading the player… What is a ‘Credit Default Swap – CDS’
A credit default swap is a particular type of swap designed to transfer the credit exposure of fixed income products between two or more parties. In a credit default swap, the buyer of the swap makes payments to the swaps seller up until the maturity date....more>>>
Today, central banks are acting more aggressively than ever before to stave off deflation and spur global growth. The European Central Bank, the People’s Bank of China, the Bank of Japan, the Bank of England and the Federal Reserve have all embarked on quantitative easing (QE) programs following the 2008 financial crisis.
See Also: Kiplinger’s Economic Outlook on Interest Rates....more>>>
Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. The Chicago PMI for June is scheduled for release at 9:45 a.m. ET. The Energy Information Administration’s weekly report on natural gas stocks will be released at 10:30 a.m. ET. St. Louis Federal Reserve Bank President James Bullard is set to speak in London at 2:00 p.m. ET. ....more>>>
BMO Capital Markets analyst M. IanSomaiya and team take a look at the “clinical readouts through the end of 2016″ and find upside catalysts for Celgene (CELG), Amgen (AMGN), Biogen (BIIB), and Gilead Sciences (GILD) They explain:
Paulo Fridman/Bloomberg News
Celgene: We believe positive data from the mongersen Phase 2 endoscopy study should move shares higher if....more>>>
JPMorgan’s Jamie Baker and Nishant Mani argue that “downside risk appears diminutive” in airlines like Delta Air Lines (DAL), Southwest Airlines (LUV), and American Airlines (AAL)–even if there’s a recession. They explain why:
Were over a year into fuels decline, and investor fears concerning a breakdown in discipline havent materialized.....more>>>
At first glance, it looked like Finish Line (FINL) posted pretty decent financial results.
The athletic footwear and apparel retailer matched estimates with fiscal second quarter EPS of 53 cents, with revenue above Street forecasts. Same-store sales rose 5.1%, also besting estimates.
So why is Finish Lines stock price tanking today with shares falling 5.5% to $22.67?
Related ROST 10 Stocks To Watch For August 18, 2016 Earnings Scheduled For August 18, 2016 Stocks End Slightly Higher; Cisco Dips, NetApp Jumps After Hours (Investor’s Business Daily)
Jim Strugger of MKM Holdings spoke on Bloomberg Markets about an options strategy in Ross Stores, Inc.....more>>>
Related EWG Jim Strugger Shares Options Strategies for iShares MSCI Germany Index Fund (ETF) and Diamond Resorts 9 Investment Options For Traders Looking To Add Europe To Their Portfolio
In a new report, HSBC Global Research analyst Rainer Sartoris takes a close look at the impact that a flood of immigrants are having on....more>>>
Wells Fargo’s David Maris notes that Valeant Pharmaceuticals International (VRX) is still dependent on a “pricing driven model” after the beleaguered specialty pharmaceutical company said it would raise prices. He explains:
Valeant Pharmaceuticals International owns Bausch & Lomb Getty Images
Valeant announced today that it has decided to raise prices by....more>>>