The Trump administration is a drag on marijuana stocks.
Pot stocks have been getting killed since last week, when the White House signaled it would get tough on marijuana.
The share price for Innovative Industrial Properties (IIPR), which buys buildings and leases them to growers of medical marijuana, has dropped every trading day since then, a total of nearly 8%.
OMB Looks Ready to OK Delay of Fiduciary Rule
Trumps New Labor Pick Acosta Likely to Be More Nuanced Than Puzder
How Behavioral Economics Can Help You Retire Rich
Former Labor Secretary Tom Perez was elected chairman of the Democratic National Committee on Saturday, as the party struggles to set a new direction after Hillary Clilnton’s November loss to Donald Trump.
Urban Outfitters, Inc. (NASDAQ: URBN) reported fiscal first-quarter financial results after markets closed Tuesday. The company said that it had $0.10 in earnings per share (EPS) and $761 million in revenue, versus consensus estimates from Thomson Reuters that called for $0.16 in EPS and $769.81 million in revenue. The same period from last year had $0.25 in EPS and $762.58 million in revenue.
It was a great year for Wal-Mart Stores Inc. (NYSE:WMT) in 2016 as the stock was up nearly 13%. Moreover, the stock is off to a decent start this year as it is up approximately 4% year to date.
Over the past few years, the retailer has relished substantial competitive benefits on the back of its enormous scale.Things are gradually changing with the rise of e-commerce sales, however, where....More>>>
Bernstein’s Steven Winoker and team contend that Brexit is “bad for all our companies it is just a matter of degree.” They explain why Tyco International (TYC), Idex (IEX), Danaher (DHR),Honeywell International (HON) and Emerson Electric (EMR) could feel some degree of pain:
While the direct revenue exposure to the UK is relatively small across....More>>>
"Trust the process." That's what highly regarded Florida State University football coach Jimbo Fisher tells his players, over and over again. Trust the system we've created here. Learn it, and you'll be successful. Fisher is a brilliant gridiron tactician who has built a first-class, state-of-the-art training and development system. My nephew is a redshirt freshman....More>>>
European stocks have boomed to start 2017. Last week, I told you that European stocks were entering a stealth bull market. And right now, we're seeing a huge breakout in Europe's largest economy… Germany. In December, the iShares MSCI Germany Fund (EWG) jumped 6% in just three days. And the rally has led to new 52-week highs. History shows buying after a 52-week....More>>>
Shares of BioCryst Pharmaceuticals (NASDAQ:BCRX), a biotech company that develops small-molecule drugs to block enzymes involved in disease proliferation, surged as much as 12% today after a report was issued that a highly pathogenic H5N1 bird flu was found in the northern part of Malaysia.
According to a Reuters report, the World Organisation for Animal....More>>>
2017 is looking like a good year for American workers. We’ve just had the 75th straight month of job growth and — according to a new CareerBuilder survey — 40% of employers plan to hire full-time employees. What’s more, 66% expect to increase salaries on initial job offers in the year ahead, says Career Builder.
So this could be an excellent....More>>>
Investing in the tech sector can be tricky. Competition tends to be fierce, which makes it difficult to stay one step ahead. Two companies that have a strong history of maintaining their edge are Skyworks Solutions(NASDAQ:SWKS)and Infinera(NASDAQ:INFN). Both of these businesses have been taking market share in their industries for years, which is impressive. But which of these two tech companies....More>>>