Is the Russian Central Bank Smart To Suspend Foreign Currency Buying?

The Central Bank of the Russian Federation, or the Bank of Russia, is again having to deal with currency volatility. While it tries to keep its economy from sliding further ...
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Should Gilead Really Be Rated Underperform?

Most analysts seem to be behind the growth that Gilead Sciences Inc. (NASDAQ: GILD) has seen, namely in its Hepatitis C vaccines (HCV) Harvoni and Solvaldi. For the most part ...
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Will Other Refiners Follow Marathon and Hike Dividends?

Oil refiner Marathon Petroleum Corp. (NYSE: MPC) announced at noon on Wednesday that its board has authorized a dividend increase from a current level of $0.25 per share to $0.32 ...
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NuVasive Seen Mixed After Earnings Despite Stock’s Multi-Year Highs

NuVasive, Inc. (NASDAQ: NUVA) is proving to be one of the key winners from earnings. On top of gains nearing 10% after its report, investors might want to consider that ...
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Who Really Won in the PDL and Ariad Royalty Deal?

The solid performance of the healthcare sector over the past year has been enhanced by mergers and acquisitions, licensing, and other forms of deals in the sector. This most recent ...
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Why All Eyes Will Be on Whole Foods Earnings

After the equity markets close on Wednesday, Whole Foods Markets Inc. (NASDAQ: WFM) is scheduled to report third fiscal quarter results. Analysts are expecting earnings per share (EPS) of $0.45 ...
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Why S&P Warning Brazil With Junk Rating Might Actually Be Good

There is yet another incident happening in South America, and it just makes you wonder how long the vicious cycle of socialism versus capitalism can be played as a financial ...
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Can Facebook Live Up to Its Earnings and Growth Expectations?

Facebook, Inc. (NASDAQ: FB) is scheduled to report its second-quarter financial results after the markets close Wednesday. There are consensus estimates from Thomson Reuters that call for $0.47 in earnings ...
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Crude Oil Price Tops $48 on Huge Inventory Draw

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 4.2 million barrels last week, maintaining a total U.S. commercial ...
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GC Aesthetics Sets Expected Price Range For IPO

GC Aesthetics PLC filed an amended F-1 form with the Securities and Exchange Commission (SEC) for its initial public offering (IPO). The expected price range for the offering was given ...
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Pending Home Sales Slip; Drop Most in South, Midwest

The National Association of Realtors (NAR) Monday morning released its data on pending sales of existing homes for June. The pending home sales index fell 1.8% to 110.3. Prior to ...
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Northrop Beats 2Q Earnings and Posts Solid Guidance

Northrop Grumman Corp. (NYSE: NOC) released its second-quarter earnings report Wednesday before the markets opened. The company had $2.74 in earnings per share (EPS) on $5.90 billion in revenue compared ...
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Huge Buying For 5 Stocks On Russell Index Month End Changes

All of the major indices rebalance their share weightings on a regular basis as their components change in share price and in market capitalization. Generally speaking on index weightings with ...
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GMS Files For Initial Public Offering

GMS Inc. filed an S-1 form with the Securities and Exchange Commission (SEC) for its initial public offering (IPO). There were no terms given in the filing but the offering ...
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Humana Posts 2Q Earnings Beat

Humana Inc. (NYSE: HUM) reported its second-quarter financial results Wednesday before the markets opened. The company had $1.67 in earnings per share (EPS) on $13.73 billion in revenue compared to ...
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