Vertex Pharmaceuticals has reported that two Phase 3 studies of its lumacaftor cystic fibrosis drug in combination with its Kalydeco ivacaftor showed positive results. Shares spikes on the news.
A Sterne Agee research report is calling Coeur Mining stock grossly undervalued -- and its share price could double! They cited a royalty agreement and the Guadalupe project development.
ThinkstockNearly 25 million viewers in the United States watched Sunday’s World Cup match between the U.S. men’s national team and the Portuguese national team. That is well above the 16 million who watched the…
ThinkstockMorgan Stanley has restarted its coverage of the retail sector, with a very mixed fanfare among the key retailers in America. What is interesting is how some of the stocks were given new Underweight…
ThinkstockThe Federal Reserve Bank of Richmond manufacturing index showed an unexpected drop in the month of June, falling to a reading of 3 from 7 in May. Bloomberg’s consensus estimate had the index remaining static…
ThinkstockThe U.S. Census Bureau Tuesday morning released data on new single-family home sales for May. Sales rose 18.6% month-over-month, to a seasonally adjusted annual rate of 504,000, from a downwardly revised April sales figure…
ThinkstockThe Conference Board has released its Consumer Confidence Index for June, and the numbers are looking good. Confidence continues to improve, rising to 85.2 in June from 82.2 in May. The Bloomberg consensus was…
Carnival reported better-than-expected second-quarter fiscal 2014 results before markets opened Tuesday morning, but disappointing guidance sank shares.
A new research report from Merrill Lynch documents some top stocks that have underperformed the overall market, some to the point where there could potentially be a snap-back rally
ThinkstockThe S&P/Case-Shiller home price index for April rose 1.1% for the 20-city and 1% on the 10-city composite indexes. The 20-city composite rose 10.8% year-over-year, well below the consensus estimate for a gain of…
ThinkstockFor five years now, investors and savers have faced the lowest interest rates since the 1950s. Wall Street pundits breathlessly gush over the fact that small and large investors are reaching for yield, and…
These are this Tuesday's top Wall Street analyst upgrades, downgrades and initiations. They include Best Buy, Costco, PetSmart and Target.
ThinkstockWhen Wall Street analysts look for data points to reinforce and justify their views on a stock, much of it can found in the profit and loss or balance sheet statements. Orders and forward-looking…
The Dow Jones Industrial Average (DJIA) has recently hit new highs, and the reading of 17,000 is now within striking distance. Another milestone is also not that far out of range — DJIA 20,000! If…
Walgreen reported third-quarter fiscal 2014 results before markets opened Tuesday morning and withdrew its fiscal 2016 goals in lieu of its impending merger with Alliance Boots.