It looks like the cybersecurity sector has taken off like a rocket once again. There could be another 25% to 50% in it this year. The near destruction of Sony (SNE) by North Korean hackers has certainly put the fear of God into corporate America. Apparently, they have no sense of humor whatsoever north of…
For most Americans, the geopolitical/financial crises of the 1970s happened so long ago that they’re about as relevant as the Revolutionary War or the Reformation. But for seasoned citizens who were around back then and paying attention, the similarities to today are becoming both eerie and scary. Consider: In the early 1970s, the Middle East…
Briggs & Stratton (BGG – Free Report) is a Zacks Rank #5 (Strong Sell) despite having posted a beat at its most recent earnings event. Let’s take a look at why this stock can have a solid Value Style Score of A as well as a strong Growth Score of B and still be The Bear Of The…
RUSTON, La., May 10, 2018 (GLOBE NEWSWIRE) — Origin Bancorp, Inc. (“Origin”), the financial holding company for Origin Bank, today announced the closing of its initial public offering of its common stock at a public offering price of $34.00 per share. Origin’s common stock began trading on the Nasdaq Global Select Market under the trading…
Stocks Rally Based On The End Of The Iran Deal? The S&P 500 was up 0.97% on Wednesday. It’s interesting because the headlines claimed the market rallied because Trump exited the Iran deal. That’s a weird reason for the market to rally as it means more geopolitical uncertainty. I’m not necessarily willing to sell stocks because…
The Bank of England dovish outlook is sending Sterling to a 4-month low. The US dollar remains the king currency as investors shrug-off softer US core inflation reading in April. The GBP/USD is trading at about 1.3470 down 0.56% on Thursday after the Bank of England kept the Bank rate unchanged in line with expectations, but sounded…
Top tickers for midday: BAC, AAPL, HMNY, JCP, FB, JPM.
Chaos has returned to Italy and, appropriately, it has once again started with the bad boy of Italian politics, Silvio Berlusconi, the same flamboyant playboy-cum-former prime minister who back in 2011 nearly withdrew Italy from the Eurozone and only a flagrant political intervention by the ECB prevented the collapse of the European experiment. As we reported…
Nvidia (NVDA) is expected to report earnings today after market close. The whisper number is $1.44, one cent short of the analysts’ estimates and showing no confidence from the WhisperNumber community. Whispers range from a low of $1.35 to a high of $1.52. A year ago the company reported earnings of $0.85, seventeen cents ahead…
Shares of Exelixis (EXEL) and partner Roche (RHHBY) are under pressure this morning after the companies announced that the Phase 3 IMblaze370 trial did not achieve statistical-significance on the primary efficacy endpoint evaluating the ability of a combination of a MEK inhibitor and anti-PD-L1 to improve overall survival in patients with microsatellite stable metastatic colorectal…
