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The story narrating the retail sector’s transformation is now old. What is coming up is the most happening holiday season, the key yearly event for retailers. This money-making period brings...
Early gains for U.S. equities faded throughout the day and stocks finished lower, despite a jump in November retail sales and positive service sector data, and reports that a tentative tax bill deal...
Main HighlightsThe European Central Bank (ECB) kept its key interest rate unchanged in its latest policy meeting in December, the last for this calendar year. ECB held its main refinancing rate at...
Merck (NYSE:MRK) announced disappointing results from a pivotal phase III KEYNOTE-061 study, evaluating its anti-PD-1 therapy, Keytruda (pembrolizumab), as a second-line treatment for patients with...
Pfizer Inc. (NYSE:PFE) announced that the FDA has approved a label expansion for its janus kinase (JAK) inhibitor, Xeljanz (tofacitinib), for two doses — 5 mg twice daily and 11 mg once-daily...
The Home Depot, Inc.’s (NYSE:HD) five-year long trend of beating earnings estimates, robust growth strategies, solid focus on Pro Customers and a disciplined capital allocation strategy make...
FactSet Research Systems Inc. (NYSE:FDS) is set to report fiscal first-quarter 2018 results on Dec 19. Last quarter, the company delivered a positive earnings surprise of 0.53%. Notably, the stock...
Chevron Corporation (NYSE:CVX) will likely enter an agreement with Schlumberger Limited (NYSE:SLB) to explore prospective resources located off the coast of Brazil, per Reuters.Oil field service...
Investors in the REIT space are usually jittery when a rate hike is announced by the Federal Reserve and there is no exception this time too. However, instead of fretting over the rate that was...
Oasis Petroleum Inc. (NYSE:OAS) recently agreed to buy Delaware Basin assets spanning 20,300 net acres from Forge Energy, LLC in a cash and stock deal. Oasis Petroleum has agreed to pay around $946...
Martin Currie Global Portfolio Trust plc (LON:MNP) has been managed by Tom Walker since January 2000, aiming to generate long-term capital growth. He adopts a consistent, bottom-up investment process...
The week was marked by a flurry of data presentations by several companies at the 59th annual meeting of the American Society of Hematology held between Dec 9 and Dec 12. The presentations also...
Amid the optimism with regard to improving economic conditions, the European Central Bank (“ECB”) decided to keep the key interest rates unchanged. Also, despite upward revision, the...
The resource-rich Arctic offshore has long been viewed as the hot spot for hydrocarbon development. Nevertheless, weak oil prices during the slump period along with technical challenges associated...
Overview Dollar finds support after the dovish Fed drove the currency lower Chinese stocks sell-off after the PBoC hike rates Brent oil dropped 1.4% on Wednesday The Federal Reserve left interest...