Why TransEnterix Is Rising Today

Why TransEnterix Is Rising Today
What happened In response to the company’s presentation at the RBC Capital Markets 2018 Global Healthcare Conference, shares of TransEnterix (NYSEMKT: TRXC) , a medical device maker focused on robotic surgery, rose as much as 12% in afternoon trading on Wednesday. The rally has since cooled off, but shares are still up about 7% as of 3:25 p.m. EST. So what... Read More

Why PepsiCo Has Turned Cautious on Growth

Why PepsiCo Has Turned Cautious on Growth
Is North America beverages (NAB), PepsiCo Inc’s (NASDAQ: PEP) largest segment, hampering the company’s overall growth? Six months ago, when the organization reported its third-quarter 2017 earnings results, NAB surprised investors with a 3% drop in revenue and a 5% slide in organic revenue growth. Over the last few years, NAB and PepsiCo’s major snacking division, Frito-Lay North America (FLNA),... Read More

Why Tile Shop Holdings, U.S. Silica Holdings, and Vonage Holdings Slumped Today

Why Tile Shop Holdings, U.S. Silica Holdings, and Vonage Holdings Slumped Today
Wall Street saw continued volatility on Wednesday, with the Dow advancing more than 250 points before giving back all of its gains and falling by triple digits at the close. Major benchmarks initially reacted favorably to generally positive economic news as well as signs from the Federal Reserve that it wouldn’t be too quick to react aggressively with interest rate... Read More

Close Update: U.S. Stocks Give Back Gains as Bond Yields Spike After FOMC Minutes

Close Update: U.S. Stocks Give Back Gains as Bond Yields Spike After FOMC Minutes
Wall Street melted away its rally on Wednesday afternoon, with the Dow Jones Industrial Average and the S&P 500 turning into the red late in the session as Treasury bond yields spiked and a U.S. dollar measure traded higher in the wake of minutes from the Federal Open Market Committee’s January meeting. While stocks initially jumped on the FOMC’s optimistic... Read More