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Celgene appears to have lit a fire beneath all three of these small biotech stocks.
Getty Images/Dan KitwoodWe asked venture capitalists what startups they wish they could fund. Many had an interest in finding companies that could tackle neurodegenerative diseases, including Alzheimer's, though not much has caught their eyes so...
Our annual forecasting challenge attracted more than 3,000 entries. The 2017 winner is Keith Sanders, a self-described value investor in Athens, Ga.
Top Economic Events Polling Unit Diary Today in Washington Political and General News. 22- Jan Belgium OLO auction 23- Jan United States Sale of 2- year notes 23- Jan Spain Auction of 3- and 9- month Treasury bills 23- Jan United Kingdom Auction 0 1/...
The Nintendo Switch had a great run in 2017. The Japanese video game giant sold nearly 3 million Switches the month it launched, wiping out all of the company's stock. Nintendo has been doubling down on manufacturing ever since but is still...
The Big Picture
Succinct Summations for the week ending January 19th, 2017: Positives. 1. Major US Stock indices set new record highs; 2. Jobless claims fell to 220k, the lowest reading in 45 years; 3. Industrial production rose 0/9% m/o/m, well above the 0.4%...
Getty Images/PoolNew records show that President Donald Trump's known political and leisure travel costs now total to over $13 million.Several flights he took in the latter half of 2017 alone amounted over $3 million.He is on track to outpace former...
From housing economist Tom Lawler:Based on publicly-available state and local realtor/MLS reports from across the country released through today, I predict that US existing home sales as estimated by the National Association of Realtors ran at a...
Jan 19 (Reuters) - * Synchrony Financial posted quarterly adjusted earnings of 70 cents per share. The mean expectation of 20 analysts for the quarter ended December 31 was for earnings of 63 cents per share. * Revenue rose 7.94 percent to $3.92...
The California economy closed out 2017 on a robust note as the state added 52,700 net new jobs in December and the unemployment rate fell to 4.3% from 4.6% a month earlier, according to data released Friday by the state Employment Development...
* PRUDENTIAL FINANCIAL,INC REPORTS A 7.3 PERCENT PASSIVE STAKE IN ALBEMARLE CORP AS OF DEC 31, 2017 - SEC FILING Source text: [http://bit.ly/2rpvEOq] Further company coverage:
Global spending on enterprise software is estimated to be $389 billion in 2018, which would be 9.5% higher than 2017. It's estimated to grow 8.4% in 2019.
"The New York Fed Staff Nowcast stands at 3.9% for 2017:Q4 and 3.1% for 2018:Q1," the Federal Reserve Bank of New York announced on Friday. Key quote
General Electric Co.'s stock tumbled 3.6% in morning trade Friday, putting it on track to suffer the worst five-day stretch since the depths of the Great Recession, in the aftermath of the company's disclosure of a surprise massive loss in its legacy...
As of September 30, 2017, The Blackstone Group’s (BX) real estate division had total AUM (assets under management) of $111.3 billion. In 3Q17, while the division’s total AUM rose 9%…
* NAV CANADA - AIR TRAFFIC IN DECEMBER 2017 INCREASED BY AN AVERAGE OF 4.5 PER CENT COMPARED TO SAME MONTH IN 2016 Source text for Eikon: Further company coverage:
The December PPI fell 0.1% month-over-month—compared to a 0.4% increase in November and October. The final demand index rose 2.6% in 2017.
* AMERISOURCEBERGEN CORP SAYS CEO STEVEN COLLIS' FY 2017 TOTAL COMPENSATION WAS $9.9 MILLION VERSUS $10.0 MILLION IN FY 2016 - SEC FILING Source text: (http://bit.ly/2mONZyU) Further company coverage: