Casino stocks with exposure to Macao took a nosedive on Tuesday after a few announcements from the government. One was that COVID-19 cases are on the rise in the Chinese province of Fujian and that could result in fewer visitors to Macao. More concerning is potential government r
Ra Pharmaceuticals filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). No pricing details were given in the filing, but in the previous filing the offering was valued up to $86.25 million. The company expects to list its shares on the NASDAQ under the symbol RARX.
The underwriters for the offering are Credit Suisse, Jefferies, BMO Capital Markets and SunTrust Robinson Humphrey.
This clinical-stage biopharmaceutical company uses its proprietary peptide chemistry platform to develop novel therapeutics for the treatment of....More>>>
From Volvo’s bid to become an electric car company to the cost of the Petya Cyber Attack to Europe’s bad-boy CEO’s “power drinking”, here’s what made headlines in Europe this week.
Vantiv Makes Play For Worldpay
Credit card processing group Vantiv Inc. (VNTV) has confirmed its plans to buy Britain’s Worldpay Group (WPYGY) just hours before a potential rival suitor, JPMorgan Chase (JPM) , bowed out of the bidding. Vantiv’s 385 pence-a-share offer, which was about 37 pence shy of Worldpay’s intraday levels on July 3, looked an....More>>>
Large cap memory stockMicron Technology (NASDAQ: MU) reported better than expected fiscal Q3 2017 earnings after the market closed yesterday plus gave a forecast forbetter-than-expected profit and revenue for the current quarter as it benefits from improved prices of memory chips amid tight supply along withdemand from cloud-services providers and smartphone makers.
Q3 revenues rose 20% sequentially and 92% year-over-yearto arecord $5.57 billion due primarily to a 14% increase in DRAM average selling prices and a 17% increase in trade NAND sales volumes. Net incomewas $894 millionversus....More>>>
Boston, MA, based Investment company Fmr Llc buys Bank of Americaoration, Goldman Sachs Group, Coty, LyondellBasell Industries NV, Centennial Resource Development, Flowserve, Morgan Stanley, Northrop Grumman, CBOE Holdings, Capital One Financial, sells Medtronic PLC, Roper Technologies, CVS Health, NXP Semiconductors NV, Alibaba Group Holding during the 3-months ended 2016-12-31, according to the most recent filings of the investment company, Fmr Llc. As of 2016-12-31, Fmr Llc owns 2533 stocks with a total value of $742.1 billion. These are the details of the buys and sells.
While vaccinations continue to support the recovery, the number of infections from the delta variant has shaken people up quite a bit. As a result, investors could be feeling incrementally more cautious about reopening plays.
Added to that are concerns about the end of government sup
Uber (NYSE:UBER) and DoorDash (NYSE:DASH) are fierce rivals in the online food delivery market. Uber Eats, which was launched in 2014 to complement Uber's core ride-hailing business, now operates in more than 6,000 cities across 45 countries. It also acquired Postmates last December to boost it
It's always interesting to see what billionaire investors are doing with their money. Sure, you can't match their gains simply by copying every single one of their stock picks, but it can still be helpful (and fru
For those investors seeking income along with their capital appreciation, the SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) gives you some ideas about where to look for dividend stocks to buy.
The exchange-traded fund tracks the performance of the S&P 500 High Dividend