May 22, 2017: Markets opened higher Monday and although the ride has been a little bumpy, equities have remained around a narrow band near the indexes’ daily highs. Among the sectors, only energy is trading in the red as we approach the closing bell. Best performing sectors were utilities, consumer staples, and industrials. WTI crude oil for June delivery settled at $50.73 a barrel, up 0.8%....More>>>
Kraft Heinz has put its plans to buy British and Dutch food and personal care products conglomerate Unilever back on the shelf after Unilever turned down its $140 billion bid.
But the ketchup and macaroni and cheese king could still be interested in shopping for another big maker of supermarket staples.
Kraft Heinz (KHC) is backed by Warren Buffett. His Berkshire Hathaway (BRKB)....More>>>
After a week that was a hot mess for a lot of small cap stocks, it’s nice to see Patriot One Technologies (OTCQB: PTOTF, TSX: PAT.V) have a strong showing as we head into the extended Sunday afternoon that is the month of August. The Toronto, Ontario based company has had a busy and productive first 6 months of the year, building strong partnerships and re-seller agreements....More>>>
Argentina’s peso, the world’s worst-performing currency this year, reversed course on Tuesday and rallied more than any other major peer as the nation’s central bank stepped in with a $5 billion offer traders couldn’t refuse.
The government stanched the depreciation with a massive bid — equivalent to almost 10 percent of the nation’s foreign-exchange....More>>>
Trilogy Global Advisors LP lowered its position in shares of Bancolombia (NYSE:CIB) by 8.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 513,477 shares of the bank’s stock after selling 48,281 shares during the period. Bancolombia comprises about 2.0% of Trilogy Global Advisors LP’s holdings,....More>>>
President Trump needs a new director for his National Economic Council after Gary Cohn resigned.
There’s one candidate in the mix that may really please investors: Chris Liddell, who has served as chief financial officer for two blue chip American companies, GM (GM) and Microsoft (MSFT)
Liddell, like the former Goldman Sachs (GS) executive Cohn, has a background in crunching....More>>>
Arena Pharmaceuticals (ARNA) has announced that the company has partnered with Everest Medicines on Raliepag and Etrasimod in China and other Pacific region countries. The deal pays Arena $12 million in upfront cash and includes up to $212 million in milestones. In addition, Arena will receive royalties on the net sales of each drug that can go as high as low double-digits.
We scoured the nation to identify the best stock in every state. Hanesbrands (HBI) is the publicly traded company we picked in North Carolina. The company headquarters is located in Winston-Salem.
See Also: Best Stocks in the South to Buy Now
A word of caution: Since we selected a single stock from each state (plus one from D.C), and choices in some states are sparse, a few....More>>>
After a loved one dies, those left behind are consumed with grief and shock. Sadly this can make you a target for scammers who prey on the vulnerable, especially the widow/widower. Unfortunately most of us will lose a loved one at some point during our lifetime, but hopefully you won’t encounter one of these heartless scams. This is the last thing you....More>>>
Related XOM Twilio, The Hottest Stock Among Shorts Diverse, Efficient Energy Sector Exposure Add Exxon Mobil To Your Retirement (Seeking Alpha)
Saudi Aramco, the Saudi Arabian government-owned oil company, is considered the world’s most valuable....More>>>