Exelixis, Inc. (NASDAQ:EXEL) CEO Michael Morrissey sold 40,000 shares of Exelixis stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $24.64, for a total value of $985,600.00. The transaction was disclosed in a filing with the Securities & Exchange Comm
News articles about Thermal Energy International (CVE:TMG) have been trending somewhat negative recently, according to InfoTrie. The research firm identifies positive and negative press coverage by monitoring more than 6,000 news and blog sources in real time. The firm ranks coverage of public c
Kinder Morgan’s (NYSE:KMI) Trans Mountain pipeline has been long beleaguered by civilian and municipal government opposition. But last week, the Canadian government stepped in to ensure the pipeline would get made, and offered Kinder Morgan’s subsidiary a tidy $3.5 billion to take the project off their hands.
In this episode of Industry Focus: Energy, host Sarah Priestley and....More>>>
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GE is a great American company. But its a company in decline, as evidenced by its recent financial performance.
Wall Street has taken notice sending its shares sharply lower in a strong overall market. So far, this year, GEs stock is down 27.30%, while its peers have been rallying. Siemens is up 17.26%, Honeywell International....More>>>
Below is a quick look at S&P 500 sector performance so far in 2017. As shown, even after a pullback over the last week or so, Technology is still up double the S&P 500 with a gain of 34.2%. The next best sector is Financials with a gain of 19.1%, followed by Health Care (18.8%), Consumer Discretionary (18.5%), and Materials (18.4%). Telecom and Energy are both down 8%+ on the year.
With Dow 22,000 alerting Main Street investors to the fact stocks are at record highs, its a good time to reiterate that August has been the worst-performing month for the Dow the past 20 years. The Dow has fallen 1.4%, on average, in August and finished up just 50% of the time.
So what events in August could derail the Dows record run? LPL Financials chief wealth strategist Matthew Peterson....More>>>
The Dow Jones todayprojected a 80-point gain Monday morning as markets reacted to Warren Buffett’s comments during Berkshire Hathaway Inc.’s (NYSE: BRK.A) annual shareholder meeting over the weekend in Omaha, Neb. According to Buffett, Berkshire is currently holding $100 billion in cash thanks to returns on roughly $14 billion of investments made in the first quarter of 2018. Buffett....More>>>
This past Monday, March 11, President Trump unveiled his fiscal 2020 budget proposal for the federal government. As a reminder, fiscal years for the federal government end on Sept. 30 and begin on Oct. 1. Unveiling a budget months in advance of the actual implementation is supposed to allow Cong
PHI Token (CURRENCY:PHI) traded 0% lower against the U.S. dollar during the 24-hour period ending at 22:00 PM ET on March 14th. In the last week, PHI Token has traded 1.1% lower against the U.S. dollar. PHI Token has a total market capitalization of $910,047.00 and $152,808.00 worth of PHI Tok
These days, the financial sector seems cheap ... very cheap. Despite the U.S. economy's continued growth, investors appear to be anticipating the end of the 10-year bull market and a subsequent downturn, which would drag financial stocks along with it. Yet the pessimism around banks has attract