symbol
stringlengths
1
9
title
stringlengths
1
701
text
stringlengths
1
140k
C
This Former High Flying Stock Is Ready To Gain 50
Growth investing is still the name of the game if you want to score big gains Investors in high flying stocks like Chipotle Mexican Grill NYSE CMG Salesforce com NYSE CRM and Priceline com Nasdaq PCLN have scored major gains in the last few years Yet such high flying stocks also bring real risk If investor...
C
IPO Look Three New IPOs Scheduled For The Week Of April 2
Three new IPOs scheduled for the week of April 2 Full IPO calendar Enerkem proposed NRKM Based in Montreal Canada Enerkem NRKM scheduled a 131 million IPO with a market capitalization of 508 million at a price range mid point of 18 for Wednesday April 4 2012 Managers Joint Managers Goldman Sachs Credit Sui...
C
Chinese Economic Catastrophe
Will China Have A Hard Landing A critical question to how the world economy will progress over the coming months and years is Will China have a hard landing This question is sparking debate amongst many of the major global investment managers and brokerages throughout the world There was a Not only did the surv...
JPM
JPMorgan CEO defends bank size and breadth of product offerings
NEW YORK Reuters Jamie Dimon chief executive officer of JPMorgan Chase Co NYSE JPM the biggest U S based bank defended the size and business model of his company which has been criticized as being too big and complicated Dimon in a letter to shareholders with the company s new annual report said the co...
BMY
Infinity INFI Earnings And Sales Miss Estimates In Q1
Infinity Pharmaceuticals Inc NASDAQ INFI reported a loss of 24 cents in the first quarter of 2019 wider than a loss of 18 cents in the year ago quarter Loss was also wider than the Zacks Consensus Estimate of a loss of 5 cents Revenues in the first quarter were 2 1 million which mainly relates to the achieveme...
BMY
Clovis CLVS Q1 Earnings Top Estimates Rubraca Sales Strong
Clovis Oncology Inc NASDAQ CLVS incurred adjusted loss of 1 63 per share in the first quarter of 2019 narrower than the Zacks Consensus Estimate of a loss of 1 80 However it was wider than the year ago loss of 1 38 per share Net revenues entirely from Clovis only marketed drug Rubraca were approximately...
BMY
Mallinckrodt MNK Beats On Q1 Earnings Sales Raises View
Mallinckrodt Public Limited Company NYSE MNK reported better than expected results for the first quarter of 2019 led by strong performance of hospital products The company also raised its guidance The company reported adjusted earnings of 1 94 per share in the quarter up from the year ago quarter s 1 62 Also...
C
Not just foreigners battered Thai stocks
Thai institutions foreigners lead stock selloff Foreign buying seen returning late 2009 By Vithoon Amorn BANGKOK Oct 16 Reuters Thai Finance Minister Korn Chatikavanij said on Friday the recent slide in Thai stocks was due mainly to profit taking by foreign investors but data shows that local investors al...
C
FTSE gains as optimism on Q3 earnings returns
FTSE 100 up 1 1 percent Banks commodity stocks push higher Third quarter earnings in focus Apple results awaited By Simon Falush LONDON Oct 19 Reuters Britain s top share index gained 1 1 percent early on Monday driven by strength in commodity stocks and banks as optimism about the third quarter earn...
C
Economic Surprise Index Is Now Trending Down
Notice how the US economic data coming out lately has been quite mediocre relative to expectations For example today s pending home sales came in 0 5 vs 1 expected Dallas Fed manufacturing activity came in at 10 8 with 16 expected Citi has an index that tracks economic data surprises Here is the definition Th...
C
IPO Look Luca Technologies
Based in Golden Colorado Luca Technologies proposed LUCA scheduled an 102 million IPO with a market capitalization of 337 million at a price range midpoint of 12 for Friday March 30 2012 Managers Citigroup Piper Jaffray Raymond James LUCA is one of nine new IPOs scheduled for the week of March 26 For a su...
C
IPO Look GasLog
Based in Bermuda with executive offices in Monanco GasLog Ltd proposed GLOG scheduled a 400 million IPO with a market capitalization of 1 071 billion at a price range mid point of 17 for Friday March 30 2012 Managers Goldman Sachs Citigroup J P Morgan UBS GLOG is one of nine new IPOs scheduled for the w...
BMY
Bristol Myers Squibb BMY Q1 Earnings And Revenues Top Estimates
Bristol Myers Squibb BMY came out with quarterly earnings of 1 10 per share beating the Zacks Consensus Estimate of 1 09 per share This compares to earnings of 0 94 per share a year ago These figures are adjusted for non recurring items This quarterly report represents an earnings surprise of 0 92 A quarter ...
BMY
Celgene CELG Q1 Earnings Beat Estimates On Revlimid Sales
Celgene Corporation NASDAQ CELG reported better than expected results for the first quarter of 2019 on strong sales of Revlimid The company s stock has gained 31 7 in the past six months against the s decline of 2 6 Celgene reported adjusted earnings of 2 55 per share which beat the Zacks Consensus Estima...
BMY
Bristol Myers Elliott Wave Setup Can Double The Price
Bristol Myers Squibb NYSE BMY is in the process of acquiring Celgene NASDAQ CELG in a 74 billion dollar cash and stock deal including debt The deal faced opposition from hedge funds Wellington Management and Starboard Value but ultimately gained shareholder approval on April 12th Arbitrageurs who aim to profit...
BMY
3 Reasons Why Growth Investors Shouldn t Overlook Bristol Myers BMY
Investors seek growth stocks to capitalize on above average growth in financials that help these securities grab the market s attention and produce exceptional returns But finding a great growth stock is not easy at all In addition to volatility these stocks carry above average risk by their very nature Also one c...
BMY
Exelixis EXEL Earnings Revenues Beat Estimates In Q1
Exelixis Inc NASDAQ EXEL delivered better than expected results for first quarter 2019 wherein both earnings and revenues beat estimates on strong performance by Cabometyx The company s shares have lost 0 6 in the year so far against the growth of 2 8 Exelixis reported earnings of 27 cents easily beating the...
C
FTSE slips as Citi Goldman results dent banks
FTSE retreats from 56 week closing high Banks dip as Citigroup Goldman results disappoint J Sainsbury jumps on bid talk By Simon Falush LONDON Oct 15 Reuters Britain s top share index closed lower on Thursday as banks fell after U S banking earnings failed to meet some expectations while miners trac...
C
European stocks edge higher Nokia tumbles
FTSEurofirst 300 ends roller coaster session up 0 1 pct Nokia tumbles 11 percent on surprise loss big writedown Sainsbury surges 10 percent on renewed takeover talk Index s P E ratio at highest since May 2006 By Blaise Robinson PARIS Oct 15 Reuters European stocks ended slightly higher on Thursday ...
C
US STOCKS SNAPSHOT Wall St rises on oil financials slip
NEW YORK Oct 15 Reuters U S stocks managed modest gains on Thursday as rising oil prices underpinned energy shares but financials retreated as investors panned earnings from Goldman Sachs and Citigroup The Dow Jones industrial average gained 46 56 points or 0 46 percent to 10 062 42 The Standard Poor s ...
C
Financial Repression Kicks The Can And Our Butt
More and more we see central bankers around the world but especially here at home and within the EU engaged in financial repression as THE means to solve our economic woes What is A term that describes measures by which governments channel funds to themselves as a form of debt reduction This concept was introduced...
JPM
U S judge dismisses lawsuit over 13 billion JPMorgan Chase settlement
By Lindsay Dunsmuir WASHINGTON Reuters A U S federal judge tossed out a lawsuit brought by non profit group Better Markets that sought to block a 13 billion settlement JPMorgan Chase Co NYSE JPM reached with the U S Justice Department over shoddy mortgage loans sold to investors before the financial crisis ...
JPM
Exclusive Private equity firms prepare bids for Informatica sources
By Liana B Baker and Greg Roumeliotis Reuters Several private equity firms are preparing to make offers to acquire enterprise software maker Informatica Corp in what could be this year s largest leveraged buyout according to people familiar with the matter Silver Lake Partners LP has teamed up with Hellman Fr...
JPM
ChemChina to buy Italian tire maker Pirelli in 7 7 billion deal
By Paola Arosio and Danilo Masoni MILAN Reuters China National Chemical Corp ChemChina is to buy Pirelli MI PECI the world s fifth largest tire maker in a 7 1 billion euro 7 7 billion deal that will place one of the symbols of Italy s manufacturing industry in Chinese hands The deal agreed with Pirelli sh...
JPM
U S Supreme Court rejects singer Rundgren s Chase suit appeal
By Dena Aubin Reuters The U S Supreme Court on Monday declined to revive a lawsuit by singer songwriter Todd Rundgren and his wife Michele accusing JPMorgan Chase NYSE JPM of wrongfully attempting to foreclose on the couple s Kilauea Hawaii home The court s rejection of the couple s appeal lets stand a lower c...
JPM
China March flash HSBC PMI contracts to 11 month low fans policy easing expectations
By Kevin Yao BEIJING Reuters Activity in China s factory sector dipped to a 11 month low in March as new orders shrank a private survey showed signaling persistent weakness in the world s second largest economy that will likely fuel calls for more policy easing to support growth The poor reading added to signs t...
BMY
Bristol Myers BMY Moves To Buy Rationale Behind The Upgrade
Bristol Myers Squibb BMY appears an attractive pick as it has been recently upgraded to a Zacks Rank 2 Buy An upward trend in earnings estimates one of the most powerful forces impacting stock prices has triggered this rating change The sole determinant of the Zacks rating is a company s changing earnings...
C
US STOCKS SNAPSHOT Futures pare losses after data
NEW YORK Oct 15 Reuters U S stock index futures pared losses on Thursday after data showed weekly initial and continuing jobless claims fell while a gauge of New York State manufacturing unexpectedly jumped in October Futures earlier fell following quarterly results from Goldman Sachs Group and Citigroup Inc ...
C
Europe shares retreat from 1 year high banks fall
FTSEurofirst 300 up 0 1 percent having hit 1 year high Pares gains after Goldman Citi results Nokia slumps 10 percent after results Sainsbury up on stake talk For up to the minute market news click on By Brian Gorman LONDON Oct 15 Reuters European shares hit a fresh 12 month high on Thursday b...
C
US STOCKS Wall St set to fall after Citigroup Goldman results
Goldman Sachs Citigroup report results New York manufacturing gauge jumps in October Weekly jobless claims less than expected For up to the minute market news click STXNEWS US Updates economic data analysts comments By Edward Krudy NEW YORK Oct 15 Reuters Wall Street was set for a lower open on ...
C
POLL Long term lead copper price forecasts up sharply
Long term lead price forecast up 40 percent Aluminium prices under pressure from overcapacity Tin production lacks diversity By Pratima Desai LONDON Oct 15 Reuters Long term price forecasts for industrial metals lead and copper have been raised sharply due to potentially stronger demand over coming yea...
C
US STOCKS SNAPSHOT Wall St edges lower after data earnings
NEW YORK Oct 15 Reuters U S stocks fell on Thursday after a survey showed regional factory activity grew less than expected in October and quarterly results from Goldman Sachs Group and Citigroup Inc underwhelmed investors The Federal Reserve Bank of Philadelphia said its index of business conditions in the U...
C
Winds Blow Cold for Bonds and Gold
On February 14th one month ago we pondered Long Bonds and Yen Big Shorts for 2012 Japan s currency which we shorted circa Feb 14 has been in freefall the past four weeks from 77 to 83 yen to the dollar As the yen declines in value USD JPY rises And now this week we may be seeing the long bond breakdow...
C
Danske Daily March 14 2012
Key news As expected last night s FOMC statement stroke an upbeat tone while keeping the policy outlook unchanged US banking sector stress test results were broadly positive The strong rally in US equities has fuelled Asian gains this morning Today s rate decision in Norway will be closely followed we expect no chan...
C
Improving US Outlook Denies QE3
Last night s Fed meeting was a lesson in expectation management The FOMC had a difficult decision to make and it had been made all the more tricky by recent improvements in data in particular the US jobs market The Fed acknowledged this improvement by saying that it expected moderate growth over the coming year a...
JPM
Authorities closing in on hackers who stole JPMorgan data NYT
Reuters Federal authorities investigating the data breach at JPMorgan Chase Co NYSE JPM are confident that a criminal case will be filed against the hackers in the coming months the New York Times reported citing people briefed on the investigation JPMorgan said last October that names addresses phone numb...
JPM
U S warns banks it may revoke some money laundering settlements
By Brett Wolf HOLLYWOOD Fla Reuters Some banks that have non prosecution agreements over failures to police transactions for criminal activity could see those deals withdrawn and be forced to plead guilty a U S Justice Department official said on Monday The criminal division will not hesitate to tear up that ...
BMY
Why The Earnings Surprise Streak Could Continue For Bristol Myers BMY
Have you been searching for a stock that might be well positioned to maintain its earnings beat streak in its upcoming report It is worth considering Bristol Myers Squibb BMY which belongs to the Zacks Large Cap Pharmaceuticals industry When looking at the last two reports this biopharmaceutical company has recor...
BMY
Celgene Acceleron Submit BLA For Luspatercept To The FDA
Celgene Corporation NASDAQ CELG announced that it has submitted a Biologics License Application BLA for pipeline candidate luspatercept a first in class erythroid maturation agent EMA that regulates late stage red blood cell RBC maturation The company is developing luspatercept in collaboration with partne...
C
Stocks Try But Can t Overcome Downward Bias
Stocks Try But Can t Overcome Downward Bias as China Forecasts Factory Data WeighStocks ended mixed on Monday with consumer and healthcare companies rallying near the close but unable to fully overcome the steep hole energy and other commodity related stocks created today Shares traded lower through most of the sess...
C
Greece Has Defaulted Which Country In Europe Is Next
Well it is official The restructuring deal between Greece and private investors has been pushed through and the International Swaps and Derivatives Association has ruled that this is a credit event which will trigger credit default swap contracts The ISDA is saying that there are approximately 3 2 billion in credit d...
C
Fed Upgrades Outlook Banks Beat Stress Tests
The Federal Reserve acknowledged recent improvements in economic data without hinting at any changes in monetary policy Risk appetite soared after 15 of 19 banks passed stress tests and several announced share buybacks NZD and GBP were the best performers while JPY lagged The Asia Pacific session will be generally q...
C
Asia Open USD JPY is the Standout Pair in the FX Market
Price action in the FX market was fairly choppy overnight with the exception of USD JPY which pushed higher in the wake of the Fed and BoJ meetings both of which delivered no change verdicts In fact there were no major surprises from either bank but moving forward we expect to see a divergence of policy between th...
BMY
Biotech Stocks Outperform During Inversions 5 Must Watch
Traditionally an inverted yield curve indicates a recession in a year or two And that surely is a bearish signal for the Wall Street But biotech stocks tend to outdo during a period of inverted yield curves Lest we forget the yield curve inverted on Mar 22 2019 for the first time since 2007 This means that rat...
BMY
The Zacks Analyst Blog Highlights Celgene Puma Exelixis Enanta And Sage
For Immediate ReleaseChicago IL April 1 2019 Zacks com announces the list of stocks featured in the Analyst Blog Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets Stocks recently featured in the blog include Celgene Corporation NASDAQ CE...
BMY
Clovis Posts Data On Rubraca Study For Pancreatic Cancer
Clovis Oncology Inc NASDAQ CLVS announced interim results from the phase II study on its PARP inhibitor Rubraca rucaparib for the first line maintenance treatment of advanced pancreatic cancer in platinum sensitive patients Interim data from the investigator initiated program showed that the treatment with Rubr...
C
Strong tech bank shares boost European equities
FTSEurofirst 300 jumps 1 4 percent targets 1 year high Banks advance sector index up 170 percent from March lows ASML results boost tech stocks miners in demand For up to the minute market news click on By Atul Prakash LONDON Oct 14 Reuters European shares rose close to a one year high on Wednesd...
C
FACTBOX Key M A deals in Taiwan s insurance sector
TAIPEI Oct 14 Reuters Beleaguered U S insurer AIG has agreed to sell its Taiwan unit Nan Shan Life for 2 15 billion to Primus Financial and its Chinese partner China Strategic Holdings Here are key merger and acquisition deals involving foreign firms in Taiwan s insurance sector over the past five years Oc...
C
GLOBAL MARKETS Stocks hit highs dollar at 14 mo low
World stocks hit 12 month high up 0 7 pct Stocks boosted as JPMorgan results beat forecasts Dollar hits 14 month low vs euro basket Gold hits record oil at year s highs By Tamawa Desai LONDON Oct 14 Reuters World stocks extended 12 month highs hit on Wednesday after results from JPMorgan Ch...
C
GLOBAL MARKETS Stocks hit highs dollar at 14 month low
World stocks hit 12 month high up 0 7 percent Stocks boosted as JPMorgan results beat forecasts Dollar hits 14 month low vs euro basket Gold hits record oil at year s highs By Tamawa Desai LONDON Oct 14 Reuters World stocks extended 12 month highs hit on Wednesday after results from JPMorgan Chas...
C
The Week Ahead Risk Rally Getting Long in the Tooth
Looking at the week ahead we ponder the potential for this risk rally to finally face a consolidation The Bank of Japan is on tap tonight and may have more to say than usual US retail sales data is up tomorrow EU Greece and all thatWhile Greece has played Deal or No Deal with the markets over the last week we ...
C
Greece Gets Reprieve But Default Still a Possibility
After more than half a year of back and forth negotiations with both sides guilty of brinksmanship bargaining we learned Monday that a deal had finally been reached to provide Greece with a second emergency bailout A total of 130 billion euros or 172 billion has been promised to Greece with the first payment expe...
C
Here s What s Driving the Current Global Gas Shift
PEAK OIL VERSUS SHALE OILIn its February 15 report Resurging North American Oil Production Citigroup s analysts claimed that the shale gas boom was set to morph into a shale oil boom The report said The concept of peak oil is being buried in North Dakota which is now leading the US to be the fastest growing oil ...
JPM
Standard Chartered picks ex JPMorgan executive Winters as CEO to replace Sands
By Steve Slater LONDON Reuters Standard Chartered L STAN said former JPMorgan N JPM investment bank boss Bill Winters will take over as chief executive in June to replace Peter Sands after investors demanded change at the helm following two years of problems Asia focused bank Standard Chartered said on Thursd...
JPM
Global equities hit new record as cheap money reigns
By Lionel Laurent LONDON Reuters Global equities set a new record high and bond yields sank to fresh lows on Thursday as investors positioned for an extended era of cheap money ahead of the European Central Bank s looming bond buying scheme There were also signs the euro zone economy may be turning a corner as con...
JPM
JPMorgan to pay 50 million over improper mortgage practices DOJ
WASHINGTON Reuters JPMorgan Chase N JPM will pay 50 million as part of a national settlement agreement to compensate homeowners in bankruptcy over the use of robo signing and other improper practices the Department of Justice said on Tuesday JP Morgan Chase Co sign outside headquarters in New York alt ...
JPM
Neustar faces loss of contract after FCC staff recommendation
WASHINGTON Reuters U S Federal Communications Commission staff on Wednesday recommended that the agency drop Neustar Inc in favor of Ericsson AB subsidiary Telcordia Technologies as a contractor that helps telephone carriers route calls and text messages Neustar s shares slid as much as 17 percent on the news Th...
JPM
Deutsche Bank says no major changes needed to universal model
FRANKFURT Reuters Deutsche Bank DE DBKGn does not need to change its universal banking model dramatically but faces pressure to cut costs like the rest of the banking sector Co CEO Juergen Fitschen said on Thursday Germany s largest bank is carrying out a strategic review which is expected to see it trim ove...
BMY
Bristol Myers Squibb BMY Outpaces Stock Market Gains What You Should Know
In the latest trading session Bristol Myers Squibb BMY closed at 48 36 marking a 1 83 move from the previous day This change outpaced the S P 500 s 0 72 gain on the day Elsewhere the Dow gained 0 55 while the tech heavy Nasdaq added 0 71 Coming into today shares of the biopharmaceutical company had lost...
C
Miners pull FTSE down 0 3 pct UK inflation due
Miners retreat along with easier metal prices UK September inflation report awaited Whitbread buoyed by better than expected results By Jon Hopkins LONDO WN Oct 13 Reuters Britain s leading shares were 0 3 percent lower early on Tuesday retreating from a 12 month high set the previous session with inv...
C
European Market Update
Markets in consolidation mode as it awaits for more clarity on GreeceEconomic Data EU ECB 1 8B borrowed in overnight loan facility v 2 8B prior 503 4B parked in deposit facility vs 511 4B prior RU Russia Jan Official Reserve Assets 505 4B v 505 0Be ZA South Africa Jan Net Reserves 49 1B v 48 9Be Gross ...
C
Currency Majors Analysis February 8 2012
EUR USDGreek Prime Minister Lucas Papademos postponed a meeting with heads of the political parties supporting his caretaker government a second time in as many days as the government and international creditors haggled over terms to secure a second aid package He met the troika leaders last night unscheduled to spee...
C
Talking Forex Weekly FX Wrap 10 02 12
EUR USDIn spite of reports late on Friday that Greek far right party leader refused to vote for a bailout agreement which was followed by numerous resignations from coalition government the pair managed to settle the week with a net gain of around 100pips Of note the spread between the 3 month EUR USD implied and h...
JPM
JPMorgan reviewing size of trading units Bloomberg
Reuters JPMorgan Chase Co N JPM is considering shrinking some of its trading businesses as it expects a new federal reserve proposal to make these businesses less profitable Bloomberg reported JPMorgan is reviewing the size of some of its capital intensive units such as interest rates trading prime brokerage...
JPM
HSBC says Swiss scandal has brought shame on bank
By Steve Slater and Matt Scuffham LONDON Reuters HSBC L HSBA reported a 17 percent fall in annual pretax profit and cut its profitability target saying allegations its Swiss business had helped customers to dodge taxes had brought shame on the bank Results from Europe s biggest bank on Monday reflected the cost...
JPM
JPMorgan eyes 1 4 billion in cost savings in 2015
By David Henry and Peter Rudegeair NEW YORK Reuters JPMorgan Chase Co N JPM said on Tuesday it is aiming to save about 1 4 billion in annual expenses mainly in consumer and investment banking as a proposed government requirement to hold more capital is expected to be a drag on profits The largest U S bank...
BMY
Infinity Inks Deal With Roche For Phase II Study Of IPI 549
Shares of Infinity Pharmaceuticals Inc NASDAQ INFI rose almost 24 after the company announced that it has entered into a master clinical supply agreement with Roche OTC RHHBY Per the deal Roche will supply Tecentriq atezolizumab to Infinity for use in MARIO 3 a phase II multi arm combination cohort study...
BMY
Novartis NVS Alcon Acquired PowerVision For 285 Million
Novartis NYSE NVS announced that its eye care unit Alcon acquired privately held U S based medical device development company PowerVision Inc Per the terms Alcon paid 285 million to PowerVision at closing with additional payments based on specified regulatory and commercial milestones starting 2023 PowerV...
BMY
Bristol Myers Pfizer Release Phase IV Data On Eliquis
Bristol Myers Squibb Company NYSE BMY along with partner Pfizer Inc NYSE PFE announced results from the phase IV AUGUSTUS study evaluating the blood thinner drug Eliquis apixaban versus vitamin K antagonists VKAs The study evaluates the safety of Eliquis as compared to warfarin or other VKA in patients ...
BMY
Large Cap Pharmaceuticals Industry Outlook A Recovery Ahead
The Zacks industry comprises some of the largest global companies that develop multi million dollar drugs for a broad range of therapeutic areas such as neuroscience cardiovascular and metabolism rare diseases immunology and oncology Some of these companies also make vaccines animal health medical devices and cons...
C
Binary Options Daily Analysis Chinese GDP Better than Expected Lifting Markets
EquitiesGDP data from China showed the economy grew at 8 9 in the last quarter better than forecast The news sent the Shanghai Composite soaring 4 2 despite the fact that the figure was lower than last quarter s 9 1 growth Across the region stocks rallied particularly in neighboring Hong Kong where the Hang S...
C
Crunch Time in Greek Debt Talks
Markets are caught between joy and disconsolation at the moment On the one hand they know that central banks are committing to ever greater money creation efforts in order to keep the present economic show on the road and Mr Market loves nothing more than free money But as long as the shadow of a disorderly Greek ...
C
FX Wrap February 7 2012
EUR USDThe pair finished the session higher following reports that Greek leaders are working on final bailout document however it remains to be seen whether a deal will finally be reached this week Of note Citigroup said the risk of a Greek exit from Euro has risen to 50 having previously seen a 25 30 chance over...
JPM
JPMorgan to pay 500 million in mortgage settlement
By Jonathan Stempel NEW YORK Reuters JPMorgan Chase Co N JPM has agreed to pay 500 million to end more than six years of class action litigation over Bear Stearns sale of 17 58 billion of mortgage securities that proved defective during the U S housing and financial crises The all cash settlement was made ...
BMY
Clovis CLVS Q4 Earnings Lag Estimates Rubraca Sales Recover
Clovis Oncology Inc NASDAQ CLVS incurred adjusted loss of 1 88 per share in the fourth quarter of 2018 wider than the Zacks Consensus Estimate of a loss of 1 68 and the year ago loss of 1 27 per share Net revenues entirely from Clovis only marketed drug Rubraca were approximately 30 4 million in the qua...
BMY
Why Bristol Myers Squibb BMY Is A Great Dividend Stock Right Now
Getting big returns from financial portfolios whether through stocks bonds ETFs other securities or a combination of all is an investor s dream But for income investors generating consistent cash flow from each of your liquid investments is your primary focus Cash flow can come from bond interest interest fro...
BMY
Is Bristol Myers BMY A Solid Pick For Value Investors
Value investing is easily one of the most popular ways to find great stocks in any market environment After all who wouldn t want to find stocks that are either flying under the radar and are compelling buys or offer up tantalizing discounts when compared to fair value One way to find these companies is by looking a...
C
Global IPOs surge in Q3 led by buyout deals
Asia sees IPOs spike after seven quarters 191 5 bln of follow ons IPOs in pipeline globally Investors lower risk aversion to spur IPOs Megadeals to continue in Q4 and 2010 By Phil Wahba NEW YORK Sept 25 Reuters The global market for initial public offerings rebounded decisively in the third quarter...
C
Europe stocks inch higher as oil rebounds
FTSEurofirst 300 up 0 1 percent following sharp drop Energy shares bounce back along with crude prices J Baer sags on disappointing targets ING up on asset sale For up to the minute market news click on By Blaise Robinson PARIS Sept 25 Reuters European stocks inched higher around midday on Friday ...
C
European shares hit 2 wk closing low for 2nd day
FTSEurofirst 300 hit two week closing low for second day Firmer crude lifts oil producers but financials weak U S durable goods data weak consumer sentiment up For up to the minute market news click on By Dominic Lau LONDON Sept 25 Reuters European shares edged lower on Friday to hit a more than t...
C
WRAPUP 2 Failure of Bharti MTN talks pleases investors
Shares up after talks called off Analysts say groups may try again MTN CEO faces shareholders ire MTN in mobile content venture with Indian company Adds MTN content venture with Indian software firm By Serena Chaudhry and Devidutta Tripathy JOHANNESBURG NEW DELHI Oct 1 Reuters Bharti Airtel and ...
C
UPDATE 1 Spanish joblessness jumps as services wilt
Joblessness rose 80 367 in September to 3 7 million people Up 1 1 million from September 2008 80 percent of the month s job losses were in services Adds analysts By Jason Webb MADRID Oct 2 Reuters Spanish jobless claims rose by 80 367 during the month of September to 3 7 million as the storm of job...
C
UPDATE 1 Euro zone retail sales dip in Aug food rebounds
Figure still weak joblessness to curb consumer demand Car scrap schemes divert consumer spending Sales rebound in Spain weak in Germany Updates with quotes details By Marcin Grajewski BRUSSELS Oct 5 Reuters Euro zone retail sales fell less than expected month on month in August as a rebound in th...
C
European Markets Shrug Off S P Downgrades
EquitiesOver the weekend S P downgraded the debt ratings of 9 out of 17 euro zone countries sending Asian markets lower on Monday The Nikkei sank 1 4 to 8378 as the Euro Yen EURJPY fell to 97 22 its lowest level in more than a decade hurting exporters In Korea the Kospi shed 9 and Australia s ASX 200 drop...
JPM
U S fines Wells Fargo JPMorgan over illegal mortgage kickbacks
By Sarah N Lynch WASHINGTON Reuters U S and state regulators ordered Wells Fargo N WFC and JPMorgan Chase N JPM to collectively pay 35 7 million on Thursday to settle charges that they participated in an illegal marketing kickback scheme with a now defunct title company The Consumer Financial Protection Bur...
JPM
JPMorgan s Dimon got no hike in 2014 was paid cash bonus
Reuters JPMorgan Chase Co s N JPM Jamie Dimon s compensation in 2014 stayed unchanged at 20 million but the chief executive officer got a cash bonus something he was not awarded in 2013 Dimon s compensation in 2014 comprised a base salary of 1 5 million 11 1 million in restricted stock and a 7 4 million...
BMY
Strength Seen In AstraZeneca AZN Stock Soars 9 3
AstraZeneca PLC NYSE AZN was a big mover last session as the company saw its shares rise more than 9 on the day The move came on solid volume too with far more shares changing hands than in a normal session This breaks the recent trend of the company as the stock is now trading above the volatile price range o...
BMY
Prothena s PRTA Q4 Earnings Beat Revenues Miss Estimates
Prothena Corporation NASDAQ PRTA reported mixed results for the fourth quarter of 2018 The company reported a loss of 56 cents per share narrower than the Zacks Consensus Estimate of a loss of 96 cents and the year ago loss of 1 24 Quarterly revenues came in at 0 19 million missing the Zacks Consensus of 0 2...
BMY
Novo Nordisk Gets FDA Nod For Haemophilia Drug Esperoct
Novo Nordisk CO NOVOb A S NYSE NVO announced that the FDA has approved its biologics license application BLA for Esperoct turoctocog alfa pegol N8 GP regarding the treatment of haemophilia A in adult patients and children The drug is approved for the routine prophylactic to reduce the frequency of bleeding e...
BMY
Why Is Bristol Myers BMY Up 4 Since Last Earnings Report
A month has gone by since the last earnings report for Bristol Myers Squibb BMY Shares have added about 4 in that time frame underperforming the S P 500 Will the recent positive trend continue leading up to its next earnings release or is Bristol Myers due for a pullback Before we dive into how investors and an...
C
US STOCKS Wall St rises on recovery bets Fed in focus
Growth sensitive stocks lead advance as Fed meets Financials industrials tech among standouts Dow up 0 6 pct S P500 up 0 7 pct Nasdaq up 0 4 pct Updates to late afternoon changes byline By Ellis Mnyandu NEW YORK Sept 22 Reuters U S stocks rose on Tuesday as investors bet that the U S Federal R...
C
FOREX Dollar hovers near 1 year low ahead of Fed meeting
Dollar index near 1 year low as Fed statement awaited New Zealand dollar surges on growth surprises BoE minutes show no plans to increase asset buying Trading cautious as G20 summit looms Updates prices adds details changes byline dateline previous LONDON By Steven C Johnson NEW YORK Sept 23 Reut...
WMB
Two days after his acquittal Trump ousts two star impeachment witnesses
By Karen Freifeld Reuters President Donald Trump s administration on Friday ousted the two witnesses who provided the most damaging testimony during his impeachment investigation Army Lieutenant Colonel Alexander Vindman and Ambassador Gordon Sondland Two days after Trump was acquitted by the Republican controlle...
WMB
Switzerland Spain and Russia through to Fed Cup Finals
By Martyn Herman LONDON Reuters Canadian teenager Leylah Annie Fernandez caused a huge shock in the Fed Cup qualifiers on Saturday when she beat Swiss world number five Belinda Bencic in Biel but it proved in vain as Switzerland progressed to April s finals Spain Belgium Slovakia Germany Russia and Belarus als...
WMB
NHL roundup Bruins down Coyotes for 6th straight win
Charlie Coyle scored twice and Patrice Bergeron had a goal and two assists as the Boston Bruins continued their dominance of the visiting Arizona Coyotes with a 4 2 win Saturday Jake DeBrusk also scored and David Pastrnak had two assists as the Bruins extended their winning streak to six Tuukka Rask stopped 29 shot...
WMB
U S warns Israel against unilateral West Bank moves
By Dan Williams NYSE WMB JERUSALEM Reuters A U S envoy warned Israel on Sunday not to declare sovereignty over West Bank land without Washington s consent pushing back against calls for immediate action by ultra nationalists within Prime Minister Benjamin Netanyahu s coalition U S President Donald Trump s Mid...
WMB
Top 25 roundup Duke survives UNC on two buzzer beaters
Wendell Moore Jr s putback at the overtime buzzer of teammate Tre Jones air ball gave No 7 Duke a thrilling 98 96 victory against host North Carolina on Saturday night at the Smith Center in Chapel Hill N C It was the second buzzer beating shot that saved Duke 20 3 10 2 Atlantic Coast Conference in a game the B...
WMB
U S celebrate Olympic berth by thumping Canada 3 0
Reuters Second half goals from Lynn Williams NYSE WMB Lindsey Horan and Megan Rapinoe gave the United States a 3 0 win over Canada in the final of the CONCACAF women s Olympic qualifying tournament in southern California on Sunday Both nations had already booked their spots at the Tokyo Games with semi final vi...
WMB
NBA roundup Bogdanovic buzzer beater lifts Jazz
Bojan Bogdanovic hit a 3 pointer at the buzzer to lift the Utah Jazz to a 114 113 victory over the host Houston Rockets on Sunday Bogdanovic had just two field goals and eight points for the night 13 below his season average But Utah executed the final inbound play to perfection with Bogdanovic making a 28 footer o...
WMB
High Frequency Firm Allston Cuts Employees Amid Low Volatility
Bloomberg High frequency trading firm Allston Trading pared its workforce late last week as it struggles to make money in some parts of its business We made the difficult but necessary decision to reduce staff working in unprofitable areas of the firm Tom Becker an outside spokesman for the firm said in an e...