Most companies that have gone public this year are biotech firms and the first quarter marked the slowest start to IPOs since the last recession. In the current quarter, the fact that companies outside of biotech are eyeing or marching through the IPO door may be a sign of a slow thaw?
Big banks kick off earnings season Friday, and many analysts expect robust results after a post-election stock-trading frenzy that may have provided stronger revenue.
Lined up for tomorrow are Bank of America Corp(NYSE: BAC), JPMorgan Chase & Co. (NYSE: JPM), and Wells Fargo & Co (NYSE: WFC), and there’s plenty of enthusiasm going into the results. The financial sector overall....more>>>
The last twelve months haven’t been kind to Praxair (PX) and Air Products & Chemicals (APD), but UBS analyst John Roberts and team argue that’s about to change, as they upgrade their shares to Buy from Neutral arguing that their earnings can withstand a slowing global economy:
In our view, the two stocks are more alike than different. NTM P/Es are within ~0.5 pts of each other.....more>>>
The major U.S. stock indices posted another negative weekly close last week, led lower by the small-cap Russell 2000, which lost 1.4% and is now down 1.9% for 2016. The tech-heavy Nasdaq 100, another perennial market leader, fell 0.3% and is down 5.7% for the year.
The market is at an important near-term decision point. Stocks must quickly and aggressively resume their advance or risk....more>>>
Related MON JPMorgan: Monsanto Shares Could Hit $180 Over The Next 5 Years Monsanto Terms Bayer's Proposal As Incomplete And Financially Inadequate Monsanto rejects Bayer's bid but says open to further talks (Seeking Alpha) Related BAYRY JPMorgan: Monsanto Shares Could Hit $180 Over The Next 5 Years ....more>>>
Dipexium Pharmaceuticals Inc. (NASDAQ: DPRX) is watching its shares in free fall on Tuesday after the company announced data from its late-stage trial. The question on everyones mind is whether or not this is the end for Dipexium, after suffering such a loss.
As we have said time and again, clinical trials and FDA decisions have the potential to make or break companies in this industry. For....more>>>
If there is one word often used regarding Tesla Motors (NASDAQ:TSLA), it is delay(s). Whether it is getting things out in time, promises from Elon Musk, or meeting financial guidance, the electric vehicle maker is usually late. As 2016 comes to a close, consumers and investors find themselves waiting on Tesla yet again, although those that follow the company shouldn’t be surprised.
Just a little over a year ago, the Institute for Supply Management (ISM) released its purchasing manager index for the services sector for August 2015. Though the level was down slightly from July, coming amidst the immediate aftermath of the “shocking” financial quakes starting in China and spreading to markets all over the world, the 59.0 non-manufacturing....more>>>
The great paradox of cybercrime is that financial firms’ biggest vulnerability isn’t their technology, it’s the people who use it.
“It’s low-tech. It’s human error; people sending PII or SII. Folks are not breaking into the 256-bit encryption. They’re counting on human beings to not be aware [of risks] and to make mistakes,” according to Tom....more>>>
Dow Chemical (NYSE:DOW) is a company known to many people, but in spite of its size it does not attract as much attention as other brands in popular industries. We think this is a temporary phenomenon, as growth rates in the leading developed countries seem to be declining. With that, companies showing a steady financial growth will eventually start to attract more attention from investors. Let....more>>>
Getty Images You’ve probably been seeing headlines about yet another financial crash on the horizon. It’s true, the International Monetary Fund has released grim projections for the immediate future of world finance. Why? Well, it’s complicated. Basically, the forces which were put in place to fix the last recession may just have caused another bubble in another sector. The....more>>>
November 11, 2016: Markets opened lower Friday and did not move much from the breakeven line for most of the day. Friday’s best performing sectors were real estate and consumer discretionary stocks, with energy and materials the worst performers. WTI crude oil for December delivery settled at $43.41 a barrel, down 2.8% for the day and down 1.5% for the week. December gold dropped 3.3% on the....more>>>
Related Solar Stocks Are Getting Killed By SolarCity's Whiff How One Interview Moved Sunedison Down 30% Solar stocks hammered again; SunEdison tumbles after lawsuit (Seeking Alpha) Related SolarCity Unable To Recover From Wednesday's Rout Barclays Downgrades SolarCity And Sunrun,....more>>>