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Index Futures Net Changes and Settlements:Foreign Markets, Fair Value and Volume: In Asia 7 out of 11 markets closed lower: Shanghai Comp -0.87%, Hang Seng -1.15%, Nikkei -0.43% In Europe 11 out of...
Last week, the S&P 500 climbed to its first record close since April as Wall Street turned more bullish on the likelihood that the Fed will cut interest rates this year. Meanwhile, investors once...
The S&P 500 stumbled Tuesday in the biggest loss in nearly a month. Last week’s relief, as prices surged to all-time highs, has turned into this week’s second thoughts. Nothing...
It was another really bad day on Wall Street on Tuesday, but the technicals weren’t as bad as the price looked. I don’t know what that means yet, but we’ll see. A lot of the stocks...
Stocks had a pretty awful June 25 all around with the S&P 500 falling by about 1%. Certainly a significant change from yesterday lack of excitement.The move lower appears to coincide with some Fed...
IntroductionI have held AbbVie (NYSE:ABBV) since it was originally spun off from Abbott Labs (NYSE:ABT). Moreover, I have been aggressively adding to my position for clients needing current income and...
Gold prices are hovering around a six-year high currently and may hit more highs in the coming days. The yellow metal is set to record the best monthly gain of 9.49% since February 2016, per...
Sellers took a third day of selling out of the Russell 2000 yesterday, and this weakness made its way to the S&P and NASDAQ. The selling is more problematic for the Russell 2000 because there is a...
Paychex, Inc. (NASDAQ:PAYX) reported mixed fourth-quarter fiscal 2019 results wherein earnings lagged the Zacks Consensus Estimate but revenues surpassed the same.Adjusted earnings of 63 cents per...
Amazon (NASDAQ:AMZN) has unveiled Amazon Professional Beauty Store in a bid to disrupt the cosmetics and beauty products market on the back of its e-commerce strength.The new store is part of Amazon...
(4:00) - Facebook's Acquisition of Instagram(8:50) - Gilead Buys Pharmasset for $11 Billion(13:05) - Disney’s Acquisition of Marvel and Star Wars(17:25) - Grubhub Purchase of LevelUp(25:05) -...
In its effort to expand outside the United States, Arthur J. Gallagher & Co. (NYSE:AJG) has agreed to acquire a minority stake in Renomia a.s. The acquisition is expected to be completed in the...
General Mills, Inc. (NYSE:GIS) released fourth-quarter fiscal 2019 results, recording its fifth straight earnings beat while the top line missed estimates. The top and the bottom lines improved on a...
The healthcare space is on an acquisition spree. The latest in the list is the biopharmaceutical company AbbVie Inc. (NYSE:ABBV) , which has agreed to buy Botox-maker Allergan (NYSE:AGN) for $63...
IHS Markit Ltd. (NASDAQ:INFO) reported mixed second-quarter fiscal 2019 results with earnings beating the Zacks Consensus Estimate but revenues missing the same.Adjusted earnings per share of 71...