Stocks pulled back from record highs Tuesday, with all three major U.S. indexes down over 1% through early afternoon trading. The drop followed the release of disappointing July retail figures, with sales down 1.1% from June. Headlines point to Delta variant concerns, but restaurants and b
Dogecoin (CRYPTO: DOGE) investors should soon expect to dive in for another major downturn. What Happened: According to a recent AMBCrypto technical analysis, Dogecoin's price rested on support located in the $0.28 area and its 12-hour 200-candle simple moving average.
Every week, I publish a “watchlist” of stocks for my Total Wealth free e-letter subscribers. It’s just like how it sounds; they’re stocks I’m keeping tabs on because I see the potential for big, imminent moves. That’s also why I talk about speculative trades people can execute to cash in on those moves.
My editor, though, asked me to share this week’s watchlist with everybody because it’s packed with clean energy stocks.
Thanks to the infrastructure bill, and what will likely be billions and billions in earmarks,....More>>>
The Kraft Heinz Co. is a $100 billion market capitalization company that generates more than $26 billion in annual revenue by selling iconic brands like Heinz Ketchup, Velveeta Cheese and Kraft Macaroni. Starting in October, Kraft Heinz’s finances will be overseen by a 29-year-old.
The company announced on Friday that David Knopf will be the new chief financial officer of Kraft Heinz. Knopf has been working since 2015 at Kraft Heinz, where his responsibilities included overseeing the Planters Nuts brand and heading global budget and business planning, as well as zero-based budgeting....More>>>
Ivanka Trump may have shown that any publicity is good publicity when it comes to selling fashion.
Despite a boycott and a decisionby Nordstrom to no longer carry the brand, Ivanka Trumps fashion line soared in online sales of individual items last month, according to a major e-commerce site.
Trumps brand was in 11th place based on the number of items sold, according to Lyst, a fashion search engine that links shoppers with more than 12,000 retailers and designers. That represented a 346% leap in items sold from the previous month, when Trumps line ranked 550th.
Despite staggering increases in drug prices, Americans still aren’t living as long as those in other countries. And the worst part is they’re paying more, too…
One out of every four Americans reported that the cost of healthcare is their primary concern right now, according to a January 2017 Monmouth University poll. In fact, anxiety about paying medical bills now outpaces job and unemployment concerns, as well as worries about paying everyday household bills.
And it’s no wonder: In August, prices for medicine, doctor’s appointments, and health....More>>>
Envestnet announced Monday that it is spending $195 million to acquire wealth management platform FolioDynamix. The deal will bring Envestnet’s total platform assets to nearly $2 trillion across 10 million investor accounts.
“Acquiring FolioDynamix advances our growth strategy and creates value for our shareholders,” Jud Bergman, chairman and CEO of Envestnet, said in a statement.
He added on a conference call on Monday that this move puts Envestnet on a path to be “the financial wellness network,” connecting enterprises, advisors and clients for the....More>>>
AGF Investments Inc. purchased a new position in Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) in the fourth quarter, HoldingsChannel reports. The fund purchased 4,552 shares of the biopharmaceutical company’s stock, valued at approximately $443,000.
U.S. stocks rallied Tuesday after Democratic and Republican leaders reached an agreement to prevent another government shutdown and partially fund President Trump’s plan for new barriers on the southern border.
Biotech stocks are having a great day today–iShares Nasdaq Biotechnology ETF (IBB) has climbed 2.5% to $276.92–leading some to suggest that 2017 could be better for investors than 2016 was. Not Baird’s Brian Skorney and Michael Ulz, who “don’t think 2017 will be wors