Chinese developers may have had a stellar 2017 compared with recent years but bond investors are increasingly concerned their windfall won’t be enough to withstand the tighter funding conditions this year that could lead to cash crunches.
Last year saw a broad based improvement in finances for China’s property sector, helped by fast-rising property prices. Profit margins rose....More>>>
ConforMIS (NASDAQ:CFMS) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Wednesday.
According to Zacks, “ConforMIS, Inc. is a medical technology company which develops, manufacture and sells joint replacement implants. The Company’s iFit technology platform consists of iFit Design, iFit Printing....More>>>
Republican leaders have a lengthy list of talking points about the shortcomings of the health law.
Shortly before his inauguration last month, Donald Trump said that it “is a complete and total disaster. It’s imploding as we sit.” And the GOP can point to a host of issues, including premium increases averaging more than 20% this year, a drop in the number of insurers competing....More>>>
Carl Icahn has nominated five directors to replace the board of SandRidge Energy Inc., including two representatives from CVR Energy Inc., which the billionaire investor acquired for $1.7 billion in 2012.
Icahn said earlier this month that his slate of directors would commit to seeking strategic alternatives for the embattled oil and gas driller. Icahn said he had “grave concerns”....More>>>
Facebook is bringing facial recognition back to Europe after withdrawing the feature in 2012 because of objections from data privacy groups.
It will also offer the feature in Canada for the first time since it was launched in 2011.
Facebook announced the move in a blog post by Chief Privacy Officer Erin Egan and Deputy General Counsel Ashlie Beringer.
If you are educated about the stock market, the term “timing the market” probably sounds familiar. It refers to the idea that investors should buy stocks low and sell them high shortly after. It’s a smart, swift and painless method … or is it?
You might compare this method to switching lines at the supermarket checkout when you see another one moving faster. That is,....More>>>
Markets have rebounded, and volatility has settled. That’s very good news for the IPO market, which is especially impacted by market turmoil.
Right now, we’re in annual February lull, and companies are putting off IPOs to finalize full 2017 financials and get past the Presidents’ Day holiday. The week’s four offerings included two SPACs (raising $450 million) and two....More>>>
Q: I’m considering taking early retirement at age 59. I have 36-plus years of service and my company is offering an incentive to my lump-sum pension. I’ve run the numbers (expenses, mortgage, health careand the like) and the amount
inthe enhanced lump sum would provide income for my wife and me for seven years if I rolled it into an IRA. Then at 66, she and I could take our full....More>>>
GREENSBORO, N.C. More than 200 million eggs are being recalled over fears of salmonella.
Rose Acre Farms of Seymour, Ind., is voluntarily recalling the eggs due to possible contamination with the bacteria.
According to the Food and Drug Administration, 22 illnesses have been reported so far.
The eggs were distributed from the farm in Hyde County, N.C., and reached consumers....More>>>
First Defiance Financial Corp. (NASDAQ:FDEF) shares hit a new 52-week high and low during mid-day trading on Wednesday . The company traded as low as $60.99 and last traded at $61.10, with a volume of 47890 shares trading hands. The stock had previously closed at $60.26.
A number of research analysts recently issued reports on FDEF shares. Sandler O’Neill reissued a “buy”....More>>>