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>>>
The U.S. Securities and Exchange Commission (SEC) Chair Mary Jo White, after nearly four years as the agencys head, recently announced that she intends to leave at the end of the Obama administration.
Under Whites leadership, the agency strengthened protections for investors and the markets through transformative rulemakings that addressed major issues highlighted by the financial crisis.....more>>>
Varian Medical Systems Inc. (NYSE: VAR) sure sawa pop on Thursday, just a day ahead of earnings from General Electric Co. (NYSE: GE). These two companies might not be tied together on normal days. This time it’s because of merger rumors. Varian shares were up as much as 10% on Thursday after a report that GE might be acquiring the medical devices and equipment company.
September 20, 2016: Markets opened higher Tuesday as no sector was showing big gains but healthcare stocks the clear leader. Traders and investors are likely trying to position themselves for the markets’ reactions to Wednesday’s announcements from the Fed and the Bank of Japan. WTI crude oil for October delivery settled at $43.44 a barrel, up 0.3% for the day. December gold closed up....more>>>
“Success is simply a matter of luck. Ask any failure.” – Earl Wilson
My yearlong patience with Progenics Pharmaceuticals (PGNX) finally seems to be finally paying off in spades. The stock has moved up some 60% so far in the month of November as investors finally appear to be recognizing the company’s value and upcoming catalysts.
Once a child refugee of the Cuban Revolution, Raul Alarc贸n, Jr. had big dreams growing up. He wanted to become a doctor. He studied pre-med at Fordham University. But medical school — and a career in the medical profession — weren’t in the cards.
Instead, Alarc贸n took a much different turn. He helped his father build America’s largest Spanish language radio....more>>>
Uh-oh… For years, I've been extremely bullish on the stock market. And I still am, over the next year or two. However, in the short term, one of our top indicators is giving us a big warning sign… This indicator tells us that the stock market is getting "overly loved" by investors – and this is a bad thing. You see, typically when a market....more>>>
The following is a summary of our recent interview with Art Berman, which can be listened to in full on our site here or on iTunes here.
There’s a lot of confusion when it comes to energy markets and the idea of peak oil, according to Art Berman, a well-known geological consultant, director of Labyrinth Consulting Services and also director of the Association for....more>>>