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Paul Brandus: The bizarre disconnect between what Trump says, and the White House does, on Russia

Paul Brandus: The bizarre disconnect between what Trump says, and the White House does, on Russia
US President Donald Trump and Russia’s President Vladimir Putin shake hands during a meeting on the sidelines of the G20 Summit in Hamburg, Germany, on July 7, 2017. Anti-Trumpers keep hammering away on the following theme: the president’s in the tank for Vladimir Putin. They’re convinced the Russian dictator has the goods on Trump—embarrassing, incriminating intelligence—and the president is somehow... Read More

Need to Know: This stock-market sector looks like ‘the clear leader right now’

Need to Know: This stock-market sector looks like ‘the clear leader right now’
The Dow is hanging out at its best level in a half-year, and you might be wondering what’s gotten into this market. Retail stocks deserve credit for powering the broad market higher, say StockTwits co-founder Howard Lindzon and MarketWisdom.com co-founder Ivaylo Ivanov for our call of the day. The sector, whose biggest ETF XRT, +1.43% just scored an all-time high,... Read More

Lannett stock suffers biggest one-day selloff in 25 years after loss of key customer

Lannett stock suffers biggest one-day selloff in 25 years after loss of key customer
Generic drug maker and distributor Lannett Co. Inc.’s shares tanked on Monday, after the company announced the loss of a major customer and issued a profit warning for its fiscal fourth quarter. Lannett LCI, -60.37%  said it learned on Friday that its distribution agreement with New York-based Jerome Stevens Pharmaceuticals (JSP) will not be renewed when it expires next March.... Read More

The Ratings Game: Investors are too bearish on Roundup's cost to Bayer, says Berenberg

The Ratings Game: Investors are too bearish on Roundup's cost to Bayer, says Berenberg
The selloff in shares of German multinational pharmaceutical group Bayer AG following a court ruling tieing one of its herbicides to a potentially carcinogenic connection has gone far enough, says an analyst at Berenberg Bank. The investment bank on Tuesday upgraded Bayer BAYN, +2.46% BAYN, +2.97% to buy from hold, with a €113 price target. Shares recently changed hands at... Read More

The Ratings Game: Pepsi’s SodaStream acquisition won’t solve its biggest problem: fewer people are drinking soda

The Ratings Game: Pepsi’s SodaStream acquisition won’t solve its biggest problem: fewer people are drinking soda
SodaStream could get a bump into the mainstream with the Pepsi deal, analysts say. PepsiCo Inc.’s acquisition of SodaStream International Ltd. continues the soda and snacks seller into healthier categories and opens doors to the at-home beverage-making market, but won’t ultimately solve the core problem that Pepsi faces, according to Wells Fargo: fewer people are drinking soda, period. Early Monday,... Read More

Currencies: Dollar slides after Trump complains about Fed, calls Europe and China currency manipulators

Currencies: Dollar slides after Trump complains about Fed, calls Europe and China currency manipulators
The U.S. dollar slid against major rivals on Tuesday, with investors rattled by fresh criticism from U.S. President Donald Trump over the policies of the Federal Reserve. Trump criticized Fed Chairman Jerome Powell at a fundraiser over the weekend, news reports said, then further complained about Fed rate increases in a Monday interview with Reuters, while also repeating past accusations... Read More

Futures Movers: Oil set for 4th straight gain as investors watch Iranian sanctions

Futures Movers: Oil set for 4th straight gain as investors watch Iranian sanctions
Oil futures on Tuesday traded modestly higher, with a fourth straight gain on track as investors watched U.S. sanctions against Iran for the potential to disrupt global supplies. West Texas Intermediate crude for September delivery CLV8, +0.38% on the New York Mercantile Exchange, which expires at the end of trading Tuesday, was up 60 cents, or 0.9%, at $67.03 a... Read More