Business

LexinFintech Gears Up for IPO

LexinFintech Holdings has registered an amended F-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No pricing details were given in this filing, ...
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Gold Could Rally Big on Coming Fed Rate Hikes: 4 Stocks to Buy Now

It is all but a given that the Federal Reserve will raise the federal funds rate by 25 basis points, or one-quarter of 1%. It is also thought that over ...
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Why Would Sears CEO Edward Lampert Double Down on Retailer’s Future?

Hedge fund chief Edward Lampert helped create Sears Holdings Corp. (NASDAQ: SHLD), owner of Kmart and Sears, in 2005. He has presided over its serial decline, which has left the ...
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6 Most Important Things in Business Today

Bitcoin hit a new record. According to Reuters: Bitcoin, the world's biggest and best-known cryptocurrency, was quoted at $17,310 on the Luxembourg-based Bitstamp exchange BTC=BTSP, up 5.1 percent on the ...
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Why Proteostasis Shares Are Exploding

Proteostasis Therapeutics Inc. (NASDAQ: PTI) shares absolutely exploded in Tuesday’s session, more than doubling after the firm reported positive results from its cystic fibrosis (CF) study. These positive study results ...
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2018 Outlook: Credit Suisse Sees Big Upside for 5 Top Picks in Exploration & Production

Credit Suisse has made some major changes to its oil and gas coverage universe. The firm initiated coverage on 38 exploration and production (E&P) companies, as well as the major ...
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For Boeing Investors, the Music Never Stops

Boeing Co.'s (NYSE: BA) cash register is singing and ringing out one of the best years in the company's history, at least as far as an annual share price increase ...
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What Netflix Subscribers Watched the Most in 2017

Netflix Inc. (NASDAQ: NFLX) is known for having some of the best content among online streaming services, with a revolving door new seasons and shows that grab our attention. Binge ...
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Major Oil Short Sellers Run for Cover

Crude oil had traded above $50 a barrel in the first quarter of this year, and finally it’s back to that magic number and pushing higher. The price has held ...
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Short Sellers Can’t Make Up Their Minds on Major Pharma

Pharmaceutical companies usually are involved in a lengthy process of getting their drug candidates to market through clinical trials. There is a fair amount of risk involved, should a study ...
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Major Biotechs See Rising Tide in Short Interest

The short interest data are out for the most recent settlement date, November 30. Generally speaking, companies within the biotech industry are considered to be a riskier group of stocks, ...
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Short Sellers Grow More Selective on Social Media Stocks

Social media has taken the world by storm, building virtual communities for anyone who has internet access and allowing people to connect and share across the globe. Many of these ...
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Bank of America Sees Massive Surge in Short Interest

Bank of America Corp. (NYSE: BAC) saw one of the biggest shifts in its short interest in the most recently reported two-week period. Short interest increased by over 13 million ...
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UBS Most Preferred Energy MLPs May Be the Best 2018 Buys

West Texas Intermediate crude is once again trying to knock on the door of $60 a barrel, and with less than three weeks left in the 2017 trading year, many ...
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Short Interest in Solar Drops, Alt Energy Stocks Mixed

Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on November 30. Of the companies we watch, short interest fell all ...
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