- How much to worry about EuropeFears of a fiscal showdown between Italy s new government and the European Union EU have roiled Italian assets this year and renewed concerns about EU cohesion How worried are we We see a limited risk of near term flare ups but are skeptical about the Italian government s commitment to... Read more »
- Why Intrexon Corporation Is Skyrocketing TodayWhat happened Shares of Intrexon Corporation NYSE XON were up 28 5 as of 11 19 a m on Monday The biotech announced what it said were advances in production of medical cannabis In particular Intrexon stated that its scientists had 160 engineered a yeast 160 strain 160... Read more »
- Why Seabridge Gold, Inc.’s Stock Is Surging TodayWhat happened Shares of Seabridge Gold Inc NYSE SA rose more than 14 by 10 30 a m EDT on Monday after the gold exploration company updated investors on a key development program So what Seabridge Gold stated that the summer program at its 100 owned KSM... Read more »
- Why Geron Corporation Stock Is Bolting Higher TodayWhat happened Shares of the clinical stage biotech Geron Corporation NASDAQ GERN rose by as much as 12 19 in early morning trading today on heavier than normal volume What s driving this move Geron s stock is heating up ahead of Johnson amp Johnson s NYSE... Read more »
- Shares of California Resources Corporation Surge as Oil Hits $80 a BarrelWhat happened Shares of independent oil and gas producer California Resources Corporation NYSE CRC are up 11 1 as of 11 00 a m EDT today While there wasn t any news specific to the company today the impetus for this stock gain is more than likely the increase in oil... Read more »
- These 2 Casino Stocks Should Benefit Most From Macau's ReboundMacau looked like it was heading for a significant slowdown in mid 2018 as gaming revenue missed analyst expectations for four straight months But a stronger than forecast August might have put the worries to rest Macau which has become Asia s gaming capital posted its... Read more »
- Neiman Marcus: Sales Growth Continues, but at a Slow PacePrivately held Neiman Marcus reported its fourth quarter results for fiscal 2018 last week The recently ended fiscal year marked a return to sales growth for the luxury retailer But although Neiman Marcus delivered its fourth consecutive quarterly comp sales gain its growth rate... Read more »
- A Foolish Take: Amazon Becomes a Major Contender in Digital AdvertisingAmazon NASDAQ AMZN makes most of its money from its online marketplace and its cloud services However the tech titan has also been quietly growing an advertising business which sells display ads across its website and hardware devices like the Kindle and Fire TV A... Read more »
- Brighthouse Financial Expands Portfolio With Two New ProductsBrighthouse Financial Inc BHF unveiled two products namely the Brighthouse Fixed Rate Annuity and Brighthouse Fixed Rate Annuity MVA via Brighthouse Life Insurance Company Shares of the company inched up 0 5 in the last trading session given the company s initiative to launch the... Read more »
- IHS Markit (INFO) to Report Q3 Earnings: What's in Store?IHS Markit Ltd INFO is set to report third quarter fiscal 2018 results on Sep 25 before the bell The company has an Earnings ESP of 0 60 and a Zacks Rank 3 Hold You can uncover the best stocks to buy or sell before they re reported with our Earnings ESP Filter Per our proven... Read more »
- AIG to Buy Glatfelter Insurance for General Insurance GrowthAmerican International Group Inc AIG has announced to acquire Glatfelter Insurance Group Glatfelter a full service broker and an insurance company providing services for specialty programs and retail operations Post acquisition Glatfelter the program manager and a specialty... Read more »
- Radian Group (RDN) and Arm See Ratings Upgrade by Moody'sRadian Group Inc RDN and its unit Radian Guaranty Inc recently received rating actions from credit rating giant Moody s Investor Service The rating agency has upgraded Radian Group s senior debt ratings to Ba2 from Ba3 Concurrently the insurance financial strength IFS rating of the... Read more »
- Lilly's Migraine Drug Emgality Wins Positive CHMP OpinionEli Lilly and Company LLY announced that the Committee for Medicinal Products for Human Use CHMP has rendered a positive opinion recommending approval for Emgality galcanezumab in Europe The marketing authorization application MAA is seeking an approval for the calcitonin gene... Read more »
- Mastercard vs. Visa: Which Payment Processor Looks Better?The Financial Transaction Services industry continues to go through a major transition Digitalization ample growth opportunities and constant FinTech collaborations are the reasons behind the shift Over the years the payment styles have shifted from tangible forms cash and checks to... Read more »
- Middle East Shares Mostly Ease Amid Trade Tensions Between U.S. and ChinaMiddle East shares mostly declined amid worries about trade relations between China and the United States after the two countries imposed fresh tariffs on each other s goods on Monday Middle East shares mostly declined amid worries about trade relations between China and the United States after... Read more »