Stock Price

J.C. Penney, Occidental Petroleum Tumble into Friday’s 52-Week Low Club

February 24, 2017: Here are four stocks trading with relatively heavy volume among 85 equities making new 52-week lows in Friday's session. On the NYSE, advancers and decliners traded evenly and ...
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market crash

Goldman Sachs, JPMorgan Drag DJIA Down Friday

February 24, 2017: Markets opened lower Friday probably as traders book profits from a long winning streak. There was little economic news Friday and no major earnings reports. The energy ...
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Why Ferrari Is the World’s Most Powerful Auto Brand

In the auto world there is a lot to be said for having a strong reliable brand, especially in an age when people are continuing to grow more dependent on ...
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Is There More Than Meets the Eye on Celgene’s President, COO Retirement?

Celgene Corp. (NASDAQ: CELG) had seen endless growth and a major stock acceleration in prior years. But that was then, and Wall Street only cares about the upside of the ...
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Profit or Loss

Why the Mobileye Bash Is So Muted

Citron Research is an activist firm known for its infamous short positions over the years. This time Citron is setting its sights on Mobileye N.V. (NYSE: MBLY) after previously targeting NVIDIA ...
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Female patient on gurney

Is This the Turnaround Cempra Has Been Looking For?

Shares of Cempra Inc. (NASDAQ: CEMP) saw an incredible gain on Friday after the company announced the results from its late-stage trial for the treatment of patients with acute bacterial ...
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Concept photograph of cannabis leaf made of US dollar bills

The Cost of a Pot Crackdown: $28 Billion

In May of last year the non-partisan Tax Foundation released a report on the federal revenue impact of marijuana legalization and taxes. The report concluded that a "mature" marijuana industry ...
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Why JC Penney Is Collapsing to New 52-Week Lows

It just so happens that some embattled companies involved in turnarounds just cannot really turn around for their shareholders. In the retail space, this is only becoming all too common ...
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iPhone 7 Plus

Apple’s Smartphone Lead Over Huawei Falls Below 5%

The global market for new smartphones in 2017 is forecast to reach 1.44 billion units, with the top six vendors accounting for more than 70% of the volume. Market leader ...
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burning cash

Why HPE Is Being Dragged Down From Its Highs

Although Hewlett Packard Enterprise Co.'s (NYSE: HPE) fiscal first-quarter financial results reported late on Thursday were mixed, the reaction to the results was catastrophic. Much of this seems to be ...
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thumbs up

Merrill Lynch Raises Price Targets on 3 Red-Hot Tech and Biotech Stocks

While there is no question the market seems very tired, some very compelling stocks to buy that have a great story still offer investors decent upside potential. At 24/7 Wall ...
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2017 Cadillac Escalade

Book by Cadillac Remains a Major Failure

The so-called Book by Cadillac program, the equivalent of a high-end lease program, looked like a major winner. It was a special approach never introduced by its German or Japanese ...
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Pocket iPhone

AT&T Stoops to Giving Smartphones Away Free, Sort Of

AT&T Inc. (NYSE: T) has been one of the bigger dogs in the fight in the telecom wars, and as such it has been able to make offers that other ...
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Top Analyst Upgrades and Downgrades: Apache, Chesapeake, Goldman Sachs, Intuit, Yum China, Goodyear, Wayfair and Many More

Stocks were indicated lower, with Dow futures down almost 100 points, early on Friday. Before panicking, think about how many days the markets have risen to higher and higher all-time ...
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JC Penney Posts Profit but Is the Company Disappearing Before Our Eyes?

J.C. Penney Co. Inc. (NYSE: JCP) used all-caps Friday morning to report positive net income for fiscal year 2016. The company also announced (again in all caps) that it will ...
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