The biotech sector recently fell by 8% in three weeks. I believe the bust is overdone. And now is a great moment to swoop in and buy… Biotech was by far the best-performing sector in the last great "Melt Up," when stocks soared at the end of the 1990s bull market. And I expect it will perform well again as today's Melt Up starts to pick up steam… ....More>>>
Investment company Ausdal Financial Partners, Inc. buys VanEck Vectors Gold Miners, iPath S&P 500 VIX Short Term Futures TM ETN, Vanguard Short-Term Government ETF, sells Comcast Corp during the 3-months ended 2017-03-31, according to the most recent filings of the investment company, Ausdal Financial Partners, Inc.. As of 2017-03-31, Ausdal Financial Partners, Inc. owns 241 stocks with a total....More>>>
The number of subprime auto loans sinking into delinquency hit their highest level since 2010 in the third quarter, with roughly 6 million individuals at least 90 days late on their payments.
Its behavior much like that seen in the months heading into the 2007-2009 recession, according to data from Federal Reserve Bank of New York researchers.
The worsening in the delinquency rate....More>>>
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The big news over the weekend has been Facebook Inc.’s (NSDQ:FB) announcement to buy backstock worth $6B, starting in Q1 2017. This was a first in the history of the company. While it can come across as a surprise for a growing company to announce a share repurchase offering, the recent drop in FB stock price could have forced the management into action. The FB stock price is down by over....More>>>
Where President Trump sees carnage, Cory Booker sees the need for more love.
Love was the message that Booker, a senator from New Jersey, delivered during his opening keynote at the annual SXSW festival in Austin, Texas.
Booker, who served as mayor of Newark, New Jersey, for more than seven years, said the U.S. moves forward not just when we learn to tolerate one another, but....More>>>
The strong coal, copper and zinc prices are providing a massive tailwind for Teck Resources which will continue in the current quarter. Teck should continue to post massive free cash flows throughout 2017.
Teck Resources (NYSE:TECK) is one of the largest base metal companies out there as the senior producer offers exposure to copper, zinc and steelmaking coal. Those three....More>>>
Jazz Pharmaceuticals (JAZZ) is trading up nearly 9% Thursday, thanks to its settlement with Hikma Pharmaceuticals over the firms patent dispute.
As part of the agreement, Hikma will get to sell a generic version of the drug in question, narcolepsy treatment Xyrem, in 2023, for up to five years, while Jazz will get royalties on those sales.
Janney Montgomery Scotts....More>>>
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HighTower says Resolute Investment Advisors is joining it in Colorado Springs, the seventh team to come on board its partnership this year.
The team manages roughly $500 million in client assets, and includes three advisors formerly with UBS....More>>>