The rupee ended mildly higher yesterday amid ranged movement. The currency may sustain gains as a sharp decline in crude prices may provide some cushion to increased risks of spiralling deficit The USD was sharply higher as US a
The first-quarter earnings reports for S&P 500 companies are pretty much in the books as I write this. The results, for the most part, were overwhelmingly positive, which leaves investors with the difficult task of picking stocks to buy.
Fact A: According to Factset Research Systems Inc. (NYSE:FDS), with 91% of the S&P 500 companies reporting earnings in Q1 2018, 78% delivered....More>>>
Five years ago, Warren Buffett touted his ‘big four’ stock bets when building a $10.7 billion stake in IBM, a massive holding to go with Berkshire Hathaway’s long-term investments in American Express, Coca-Cola and Wells Fargo. Now, after buying 120 million shares of Apple over the past year, Berkshire Hathaway has a position in the iPhone-maker worth $18 billion....More>>>
Five months in, 2018 has not been kind to Cigna Corporation (NYSE:CI) stock. A strong run in which CI stock doubled between the November 2016 election and late January reversed quickly. CI stock now is off some 25% from its all-time highs reached a little over three months ago — and down more than 15% so far this year while the broader S&P 500 Index is up a hair above 1%.
Attention bargain shoppers: There could be some deals in aisle biotech.Agenus Inc.(NASDAQ:AGEN)andRegeneron Pharmaceuticals (NASDAQ:REGN) dished out some disappointing losses in recent months, but the market’s reaction to recent events seems a bit overdone.
Investors are right to wonder if these beaten-down biotech stocks are best avoided or if now’s the right time to scoop up....More>>>
Polar Power (NASDAQ:POLA) just closed what I think is one of the most overlooked IPOs in years. In fact, I think the company underpriced its IPO to institutional investors, only to see a lack of market visibility and a lack of understanding of its business model (by retail investors) even further discount IPO pricing; shares are flat to down from IPO....More>>>
Poor Ethereum. As if it didn’t have enough troubles already. Earlier this year, it hard forked to rescue the DAO, only to suffer the ignominy of seeing miners continue to mine the old chain in defiance of clear and explicit guidance from Ethereum developers. But at least that was an intentional fork, though admittedly controversial. Now, it has forked again – unintentionally.
Related AMKR Mid-Afternoon Market Update: NASDAQ Down 1.25%; CLARCOR Shares Gain On Acquisition News Mid-Day Market Update: Crude Oil Up Over 4%; Express Shares Fall On Weak Outlook Amkor's (AMKR) CEO Steve Kelley on Q4 2016 Results – Earnings Call Transcript....More>>>
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