Category: Investment

Middle East shares mostly slid in thin volume ahead of the Eid al-Adha holidays beginning this week. Qatar slumped after Fitch downgraded the country’s credit rating. Fitch lowered Qatar by one notch to AA-minus with a negative outlook, citing the impact of sanctions imposed by other Arab states. In company news, Amiantit said it expected a capital gain of 50... Read More

American depository receipts of Asian stocks were trading 0.46% lower at 166.82 on the Bank of New York Mellon Asia ADR Index on Tuesday. In North Asia, the gainers were led by real estate services provider Leju Holdings ( LEJU ), and Semiconductor Manufacturing International ( SMI ), which rose 5.2% and 3.5% respectively. They were followed by mobile app... Read More

Gilead Sciences, Inc. (NASDAQ: GILD) just took a bold leap into the unknown with an agreement to acquire Kite Pharma Inc. (NASDAQ: KITE) for $180 per share or about $11.9 billion. Gilead’s last 11-figure bet turned out to be one of the best investments in biopharma history, and it’s tempting to believe the company can catch lightning in a bottle... Read More

For Immediate Release Chicago, IL -August 29, 2017 – Stocks in this week’s article include Stoneridge Inc.(NYSE: SRI – Free Report), Honda Motor Company Ltd.(NYSE: HMC – Free Report), Turtle Beach Corporation(NASDAQ: HEAR – Free Report), The Children’s Place Inc.(NASDAQ: PLCE – Free Report)andCentral Garden & Pet Company(NASDAQ: CENT – Free Report ). Ride Rising P/E Investing with These 5... Read More

Shares of chip maker Cypress Semiconductor (CY) are down 21 cents, or 1.6%, at $13.07, after Craig Hallum‘s Anthony Stoss warned the company may make far less than initially expected supplying Apple‘s (AAPL) next iPhone, presumably the ” iPhone 8,” presumably to be unveiled next month, because Apple is going to skimp on fast charging, in his view. Stoss, who has... Read More

For Immediate Release Chicago, IL -August 29, 2017 – Stocks in this week’s article include Stamps.com Inc. (NASDAQ: STMP – Free Report ), SolarEdge Technologies, Inc. (NASDAQ: SEDG – Free Report ), Ferrari N.V. (NYSE: RACE – Free Report ), Columbus McKinnon Corporation (NASDAQ: CMCO – Free Report ) and Range Resources Corporation (NYSE: RRC – Free Report ). Buy... Read More

American depository receipts of European stocks were trading 0.42% lower at 133.87 on the Bank of New York Mellon Europe ADR Index on Tuesday. In continental Europe, the gainers were led by 3D printer manufacturer voxeljet ( VJET ), and biopharmaceutical company Forward Pharma ( FWP ), which rose 2.1% and 1.6% respectively. They were followed by 3D printer maker... Read More

Unprecedented rains and flooding from deadly Hurricane Harvey, which hit a number of Texas cities including Houston and Corpus Christi over the weekend, are still occurring. The extent of the damage is as yet unknown, but is expected to run into the tens of billions of dollars. Obviously, the storm’s effects on the stock market are of far less concern than... Read More

·         Shares of Expedia Inc. EXPE declined 4.5% after the company’s Chief Executive Officer Dara Khosrowshahi announced that he would be joining Uber as CEO ·         Biogen Inc.’s BIIB shares surged 2.5% following positive results from an Alzhiemer’s drug study ·         Shares of Gilead Sciences Inc.  GILD increased 1.2% after it entered into an agreement with Kite Pharma Inc. KITE... Read More

Image source: Getty Images. The U.S. is home to 46 of the world’s 100 biggest advertisers. Those U.S. marketers spent $115.2 billion on advertising in 2015, and accounted for 47.9% of the top 100’s worldwide ad spending, according to Ad Age . Yet out of the top five global advertisers — a group that accounted for $40.1 billion in ad... Read More