Business

Only 11 Shopping Days Until Christmas

Posted: December 14, 2019 at 8:15 am

Barring any last-minute problems, 2019 should be one of the most successful shopping seasons on record, especially for American retailers. Cyber Monday, in particular, was a sign of consumer strength. ...
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Pot Stocks on the Move After New Ontario Licensing Deal

Posted: December 13, 2019 at 12:40 pm

Pot stocks were a little higher on Friday after the Ontario government announced that it will abandon the current lottery system for cannabis retail. As a result, it will move ...
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Are Analysts Too Optimistic on Lululemon After Earnings?

Posted: December 13, 2019 at 11:45 am

Lululemon Athletica Inc. (NASDAQ: LULU) released fiscal third-quarter financial results after markets closed Wednesday. Although this quarter was fairly positive, the stock sold off, after having nearly doubled so far ...
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Sarepta Catches a Big Break With Duchenne Muscular Dystrophy Drug

Posted: December 13, 2019 at 10:10 am

Sarepta Therapeutics Inc. (NASDAQ: SRPT) shares jumped on Friday after the firm announced that the U.S. Food and Drug Administration (FDA) has approved Vyondys 53 (golodirsen) for the treatment of ...
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Ford Recalls More Than 500,000 Pickups for Fire Risk

Posted: December 13, 2019 at 10:05 am

Ford Motor Co. (NYSE: F) on Friday issued a safety recall for some of its model years 2017 through 2019 Super Duty SuperCrew pickup trucks to fix a problem with ...
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Why Bristol-Myers Squibb Could Be the Best Large-Cap Pharmaceutical Stock for 2020

Posted: December 13, 2019 at 9:55 am

Bristol-Myers Squibb Co. (NYSE: BMY) may be one of the better alternatives for pharmaceutical and biohealth investors in 2020. Independent research firm Argus, which has none of the traditional potential ...
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Does Costco Deserve More Credit for Q1 Earnings?

Posted: December 13, 2019 at 9:45 am

When Costco Wholesale Corp. (NASDAQ: COST) reported its fiscal first-quarter financial results after the markets closed on Thursday, the retailer said that it had $1.90 in earnings per share (EPS) ...
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JC Penney Staggers Into Holidays

Posted: December 13, 2019 at 6:15 am

While some retailers already have started to trumpet their holiday successes, at least one can barely hang on to the impression it may still exist in 2020. J.C. Penney Co. ...
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Will Costco Keep Up the Pace With Earnings After the Close?

Posted: December 12, 2019 at 1:15 pm

Costco Wholesale Corp. (NASDAQ: COST) is set to report its fiscal first-quarter financial results after the markets close on Thursday. The consensus estimates are calling for $1.71 in earnings per ...
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Wedbush’s Top Picks After ASH Annual Meeting

Posted: December 12, 2019 at 12:05 pm

The American Society of Hematology (ASH) hosted its 61st annual meeting, and one of the biggest biotech events, earlier this week in Orlando, Florida. This conference is usually a big ...
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Why These Breast Cancer Study Results Look So Promising

Posted: December 12, 2019 at 9:15 am

Puma Biotechnology Inc. (NASDAQ: PBYI) shares made a handy gain early on Thursday after the company presented updated results from its Phase 2 Summit clinical trial of neratinib at the ...
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Home Depot Forecast May Be Red Light for Housing

Posted: December 12, 2019 at 6:20 am

Home Depot Inc. (NYSE: HD) has issued its forecast for the next fiscal year. The figures were a disappointment. They also beg the question of the health of the American ...
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Are Lululemon Earnings Enough for Investors?

Posted: December 11, 2019 at 4:22 pm

Lululemon Athletica Inc. (NASDAQ: LULU) released fiscal third-quarter financial results after markets closed Wednesday. The company said that it had $0.96 in earnings per share (EPS) and $916 million in ...
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Boeing, FAA Get Roughed Up in House Hearing

Posted: December 11, 2019 at 1:20 pm

At a hearing Wednesday before the House Transportation and Infrastructure Committee, Federal Aviation Administration (FAA) chief Steve Dickson said that FAA recertification of Boeing Co. (NYSE: BA) 737 Max is ...
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Is This Atrial Fibrillation Drug Done For After FDA Vote?

Posted: December 11, 2019 at 12:20 pm

Correvio Pharma Corp. (NASDAQ: CORV) shares were crushed after the firm announced the U.S. Food and Drug Administration (FDA) Cardiovascular and Renal Drugs Advisory Committee (CRDAC) decision for its New ...
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