The banking industry seems to have been benefiting the most from the interest rate hikes this year. Year 2018 has seen four Fed rate hikes so far, the latest one being announced last week. Moreover, this is the ninth rate hike since December 2015 […]
Year 2018 has been troubling for industrial machinery industries. Headwinds emanated from disrupted trade relations between the United States and China due to the imposition of import tariff by the United States, higher freight charges, shortage of skilled workers, inflation and many more. The Zacks Industrial Products sector — currently at the bottom 38% of the Zacks sector list of 16 sectors — declined roughly 25.7% year to date. […]
KLA-Tencor Corporation and Orbotech Ltd. Continue to Pursue Merger Clearance in the People’s Republic of China PR Newswire MILPITAS, Calif., and YAVNE, Israel, Dec. 24, 2018 MILPITAS , Calif., and YAVNE, Israel , Dec. […]
ArcelorMittal MT has inked a $5.5 billion revolving credit facility with a five-year maturity along with the options for two one-year extensions. The move replaces the existing $5.5 billion revolving credit facility agreement inked on Apr 30, 2015 and amended on Dec 21, 2016. Per the company, the facility will be used for the general corporate purposes of the group […]
Freeport-McMoRan Inc. FCX announced that it has completed the transaction with the Indonesian government regarding PT Freeport Indonesia’s (PT-FI) long-term mining rights and ownership. Per Freeport, the completion of this deal reflects a “win-win” outcome for all parties and establishes the beginning of a new long-term partnership between the company and the Republic of Indonesia. […]
Quest Diagnostics Incorporated DGX recently closed the previously-announced sale of its India medical diagnostic service business to Strand Life Sciences. Terms of the deal remain undisclosed. However, the latest development failed to drive Quest Diagnostics’ shares which dipped 0.4% to $81.70 at close, following the announcement. […]
Improving economy, better job market environment and corporate tax cuts have instilled confidence among consumers of their well-being and promoted healthy capital investments in the first half of the year, helping equity markets in the United States to excel. REITs too managed to pull off a decent performance with occasional hiccups, and the FTSE NAREIT All REITs Index gained 3.93% in the first 11 months of 2018, as growth in the economy translated into greater demand for real estate and higher occupancy levels. However, Wall Street has been plagued with adversities, this month, and the broader markets’ initial gains were wiped out amid volatility in oil prices, trade war tensions, tariff impositions on a number of foreign countries, as well as the weakening global economy […]
Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. […]
Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. One such stock that you may want to consider dropping is Cirrus Logic, Inc. […]
Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. One such stock that you may want to consider dropping is Live Oak Bancshares, Inc. […]
Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. One such stock that you may want to consider dropping is Trinity Industries, Inc […]
Uxin Limited UXIN was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. […]
Immunomedics, Inc. IMMU was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session […]
The Stars Group Inc. TSG was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session […]
Apple ’s AAPL voice assistant Siri has become smarter as discovered by the venture capital firm Loup Venture. Per the firm’s latest Annual Smart Speaker IQ test , Siri’s performance has improved the most, by 22 percentage points in terms of questions answered correctly, since the last test. […]
Shares of Air Lease Corporation AL touched a 52-week low of $29.57 on Dec 21, before recovering marginally to close the day’s trading at $29.67. In fact, a glimpse of this leading aircraft leasing company’s price trend reveals that the stock has had a hard time on the bourse so far this year. Notably, it incurred a loss of 38% on a year-to-date basis. […]
Cboe Global Markets, Inc. CBOE witnessed its senior unsecured debt ratings get an upgrade from the credit rating giant Moody’s Investors Service. […]
Wall Street is likely to witness its worst ever December since the Great Depression of 1931. The recent market skepticism regarding the future growth potential of U.S. stocks have been fueled by a plethora of factors – the recent rate hike and Fed’s tight monetary policy, fear of partial government shutdown, conflicting news related to trade war between the United States and China and concerns of a global economic slowdown […]
According to TDn2K’s The Restaurant Industry Snapshot , the U.S. restaurant industry has been witnessing strong growth so far this year and the top-line momentum is anticipated to continue in 2019. […]
Amazon.com, Inc. AMZN has expanded its partnership with aircraft leasing company Air Transport Services Group, Inc. […]
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