Rite Aid Buyout Hopes Now Look More Likely, With Serious Potential Upside
If you just trust what Walgreens said after earnings, the Rite Aid acquisition may be closer to completion than almost any investor would have imagined last week.
If you just trust what Walgreens said after earnings, the Rite Aid acquisition may be closer to completion than almost any investor would have imagined last week.
Mario Draghi and the European Central Bank may have dashed some of the ambitions of investors who have been hoping for the endless quantitative easing money that they have grown so used to.
The U.S. Department of Labor has released another low reading on weekly jobless claims. In the week ending September 3, seasonally adjusted initial claims were 259,000. This represents a decrease of 4,000 from the prior…
The top analyst upgrades, downgrades and initiations seen on Thursday morning include Apple, Callon Petroleum, Hewlett Packard Enterprise, Lululemon Athletica, Nike and Rio Tinto.
Sometimes mergers offer great scale. Sometimes they offer great opportunities for streamlining and much lower cost rationale for a combined entity. Other times they are just smoke and mirrors or an effort just to…
The Federal Reserve has released its Beige Book for September of 2016. With so many economists, investors and market watchers being concerned about an imminent interest rate hike, this Beige Book might be getting…
Any time that investors see a stock down 6% or more, they probably aren’t going to be too keen on hearing that the drop is actually supposed to be good news. If that big drop is…
Does it matter that these stocks are all valued with what might be nose-bleed valuations? Does it matter that these are almost all trading above the consensus analyst price targets?
The top analyst upgrades, downgrades and initiations seen on Wednesday morning include Barrick Gold, Caterpillar, ConocoPhillips, PNC Financial, Tonix Pharmaceuticals and Spirit Realty.
24/7 Wall St. wanted to identify the companies from which we expect solid dividend news in the fourth quarter. We see at least these eight companies, mostly blue chip, announcing dividend hikes in the…
Tonix Pharmaceuticals was the disaster of the day on Tuesday after the company announced that it will stop development of its fibromyalgia treatment after it failed in a late-stage trial.
It is not uncommon for an acquirer to see its shares drop on news when it makes an acquisition. Still, when investors see both companies rise on a merger announcement then they automatically assume…
Labor Day weekend came and went with no lottery winners taking home the major jackpots. So the week of September 10 has a lot riding for would-be lotto winners.
The Employment Trends Index decreased in August after increasing in the prior two months, but it was still up year over year.
The technology sector has been hot in 2016, and some of the stocks have such strong charts that their fundamentals may not even matter to technicians.
The top analyst upgrades, downgrades and initiations seen on Tuesday morning include Biogen, Broadcom, Devon Energy, Gilead Sciences, Mondelez and Urban Outfitters.
One election year hot-button issue that is back on the table is the ongoing fight over drug prices. But the public has been debating drug prices for years now — long before the EpiPen…
The unemployment rate remains very low, but the payrolls gains are not so strong that they would press the Federal Reserve into an aggressive rate hike stance.
Labor Day weekend is going to be a big one for lottery players in 2016. These might not be record-breaking lotteries, but the two lotteries have a combined jackpot north of $250 million.
The top analyst upgrades, downgrades and initiations seen on Friday morning include Carnival, Ciena, MercadoLibre, Spark Therapeutics, Smith & Wesson, Teva Pharmaceutical and Verifone.