Zscaler's (NASDAQ: ZS) upcoming IPO, slated for Friday, March 16 according to the NASDAQ IPO Calendar, will be the first software unicorn to go public in 2018 after a particularly volatile first quarter. This IPO will be an interesting one to watch - coming off a strong first and second quarter
Many states exempt some retirement income, but if you retire to one of these nine states, you dont have to do the math. Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming have no income tax for any residents. For retirees, in particular, that means n
Treasury prices fell on Tuesday, sending yields higher, after French presidential candidate Emmanuel Macron cemented his front-runner status with a strong performance in Monday nights debate, market strategists said.
Macron faced of against four of the other leading presidential candidates in a three-hour televised debate. A postdebate poll showed Macron leading the field in the first round....More>>>
Ford (NYSE:F) is known for its attractive valuation, it currently trades at around 7 times its 2017 projected earnings and has an attractive dividend yield of 5.36 percent. It also has a very low price-to-earnings ratio (P/E) compared to most other companies on the S&P 500. The stock trades at around $11 during the time I am writing this. However, after digging a little deeper, I have found....More>>>
Ever since Warren Buffett has brought in Tedd Combs and Todd Weschler, investors were looking for signs of change, if any, in Berkshire’s approach to investing. And after a few years’ wait, the signs of change are appearing.In last few months, Berkshire has made acouple of investments which took the market by surprise. The first one was theinvestment in the technology giantApple (NSDQ:AAPL)....More>>>
BlackBerry’s (NSDQ:BBRY)turnaround has been moving at snail’s pace. In that context, BlackBerry’s deal with Ford (NYSE:F) to expand usage of its QNX software in the latter’s line of connected cars was welcome news. Many see BBRY’s focus on automotive technology as a potential profit center. Norwegian security firm, Promon, recently gave a demonstration of howTesla (NSDQ:TSLA)....More>>>
Shares of Walt Disney (NYSE:DIS)declined on Monday,afternews emerged that Amazon (NSDQ:AMZN)is in talks with major sports leagues including MLB, NBA and NFL, to buy live streaming rights. Amazon may offer these as an exclusive premium bundle toPrime subscribers. Amazon is keen on making live streaming of sports a part of its Prime offering as it believes that it will help in growing its prime subscription....More>>>
Yesterday, President Obama signed into law the 21st Century Cures Act, a piece of legislation that had rare overwhelming bi-partisan support. The White House issued this statement about the legislation as it passed through Congress on November 30th:
This critically important legislation will get states the resources they need to fight the heroin and prescription opioid epidemic. It invests....More>>>
Yesterday, our Under the Radar Moversnewsletter suggested small cap ContraVir Pharmaceuticals Inc (NASDAQ: CTRV) as a short-term short swing trade:
This isn’t going to be a long-lived trade, even by swing-trading standards. We’re just looking to jump on board the bearish trade that got rolling in spades today with the 12% stumble. It was pretty much inevitable. The cracks started....More>>>
The labor force participation rate (LFPR) among prime-age (2554 years old) people averaged 80.8 percent in 2015, down 1.8 percentage points (2.6 million people) from 2009, according to the U.S. Bureau of Labor Statistics. According to our calculations from the Current Population Survey (CPS), a drop in LFPR among individuals with disabilities accounts for about a fifth of that decline.
A couple of weeks ago, the latest round of "13F" forms came in… Folks who manage at least $100 million need to file these forms each quarter with the U.S. Securities and Exchange Commission… They reveal all of the filers' stock holdings. So if you know where to go and whose 13Fs to look at, they can be a great source for trading and investment ideas. ....More>>>
Apple Inc. (NSDQ:AAPL)hasn’t been having its own way recently. A few months ago, the company wasordered to return $13 billion in back taxes in Europe plus now it has todeal with a new US president in Donald Trumpwho clearly has reservationson how Apple runs its business affairs. Recently though, the Irish government announced that it would be appealing the European Commission’s decision....More>>>
Credit Suisse analyst Susan Roth Katzke and team call Citigroup’s (C) earnings “solid results in a challenging quarter with progress on moving this franchise forward.” The offer the highlights…and the lowlights:
timothy a. clary/Agence France-Presse/Getty Images
Citigroup reported 1Q16 EPS of $1.10making it 3 for 3 of the “money center” banks....More>>>
Small cap staffing stock Staffing 360 Solutions Inc (NASDAQ: STAF), which is in the midst of a global buy-and-build strategy through the acquisition of domestic and international staffing organizations with operations in the US and UK, has just announced that it expects reported revenue for the fiscal first quarter ended August 31, 2016 to reach a record of approximately $47 million. This would....More>>>
It’s official: Valeant Pharmaceuticals International (VRX) plunged 51.5% to $33.51 today, its lowest close since Jan. 5, 2011. To put that in perspective, the company is now valued at $11.4 billion, down from $23.6 billion yesterday. Ouch.
Ryan Remiorz/The Canadian Press via Associated Press
Citigroup credit analysts Murali Ganti and team write that Valeant’s “dismal....More>>>
Although Arch Capital (NASDAQ:ACGL) remains a very well-regarded insurance company, the last year hasn't been so friendly to this company or its peer group. A lot of contributing factors have been at play, including large cat losses in 2017, rising costs, regulatory/competitive changes and so on
Market conditions continue with extreme volatility. My momentum gauge dropped throughout the past week to a value of 38 down significantly from the prior week 11 at a value of 57. Volatility in the market remains at high levels and we have not been above