RBC Joins Analyst Target Hike Brigade for Apple
RBC Capital Markets reiterated its Outperform rating on Apple, and the firm joined the slew of other analysts raising its targets.
Archive
Year: 2017
All Year: 2017 Articles
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What Default Rates on Subprime Auto Loans Are Telling Us
Defaults on subprime auto loans may be the canary in the coal mine. Nearly a quarter of U.S. banks are expecting consumer loan delinquencies to rise in 2017.
Why HCA Holdings Stock Tumbled Monday
Hospital services provider HCA announced disappointing preliminary financial results for the first quarter of 2017. Shares tumbled more than 3% at the opening bell.
Cloudera Sets IPO Pricing, Terms
Big data software platform provider Cloudera has set terms for its coming IPO. The company plans to offer 15 million shares in an expected price range of $12 to $14. This is not particularly…
Gas Prices Rise in 41 States, Hit $2.41 Nationwide
U.S. gasoline pump prices rose just more than a penny over the past week to $2.41 a gallon. Prices rose in 41 states, and U.S. drivers can look for more increases to come as…
Kleinfeld Out as Chairman, CEO of Arconic
Arconic chairman and CEO Klaus Kleinfeld resigned his positions with the company this morning, meeting a demand levied by activist investor Paul Singer's Elliott Management.
FDA Delivers Big Rheumatoid Athritis Disappointment for Eli Lilly and Incyte
When drugs are expected to get FDA approval and show positive data but don't, the underlying stocks of drug and biotech companies can see harsh punishment.
Top Dividend Pharmaceutical Stocks Safe Bet for Rest of 2017
With interest rates once again dropping as the geopolitical worries ratchet up, investors are concerned about owning good stocks and receiving dependable dividends. One place that looks very good now is pharmaceuticals.
Empire Manufacturing Shows Much More Modest Growth Under Expectations
The Federal Reserve Bank of New York has released its Empire State Manufacturing Survey for April, and the results were far less robust than had been expected.
US Drivers Distracted by Their Phones on 88% of Trips
U.S. drivers are paying less attention to the road and more to their smartphones. This is one form of distracted driving, it is killing thousands of Americans every year, and it is getting worse.
Top Analyst Upgrades and Downgrades: Canadian Solar, Constellation Brands, Eli Lilly, Incyte, McDonald’s, Snap and More
The top analyst upgrades, downgrades and initiations seen from Monday include Canadian Solar, Constellation Brands, Eli Lilly, Incyte, McDonald's and Snap.
Will Alibaba Prevail in Bidding War for MoneyGram?
Alibaba's Ant Financial unit has upped its bid for MoneyGram to $1.2 billion, or $18 a share in cash. Will the bidding war with Euronet continue or will the deal now come down to…
5 Permian Giants That Are Must-Own Stocks for Energy Investors
A new report from Stifel all but pounds the table on the Permian Basin, and here we highlight five stocks that should continue to be the top plays.
Can Gannett Post $3.2 Billion in Revenue This Year?
Can Gannett can reach its revenue guidance for 2017, which is between around $3.2 billion? If it can match or beat those numbers, its stock is likely to rally strongly.
California’s 30 Self-Driving Car Permits Include Apple, VW, BMW and Ford
The list of companies that have received permits to test autonomous vehicles in California has grown to 30, as experts expect a large portion of the auto industry to employ the technology within a…