Stocks

“Aevi Genomic Medicine (GNMX) Ready to Rid-Off from Unappreciated Views”

“… In Thursday trading session, shares of firm fell of -2.14% along the it has twenty-days moving average price of -17.51% from last close price of $0.14 and perform as resistance to price boundary. GNMX traded 474525 shares versus to… Continue Reading…

Stocks

“Dow Jones Jumps 150 Points On China News; Apple, Roku Rally On Analyst Actions”

“The stock market was sharply higher early Wednesday after Bloomberg News reported China was “still open to reaching a partial trade deal with the U.S.” as long as the U.S. would hold off on imposing more tariffs. The Dow Jones… Continue Reading…

Economy, Stocks

“Hong Kong Stock Market Retracts Offer to Buy London Exchange”

“Hong Kong’s stock exchange will no longer proceed with its nearly $37 billion offer to buy its London competitor, it announced on Tuesday morning, in a setback for the exchange’s long-running effort to build a closer connection to European markets…” https://www.nytimes.com/2019/10/07/business/hong-kong-london-stock-exchange.html

Business, Stocks

“GE to freeze pensions for about 20,000 employees, stock surges”

” Shares of General Electric Co. GE, -0.82% surged 2.6% in premarket trading Monday, after the industrial conglomerate said it was freezing the U.S. pension plan for about 20,000 employees with salaried benefits, and supplementary pension benefits for 700 employees….  GE’s stock has… Continue Reading…

Stocks

“3 Top U.S. Stocks to Watch in October”

“In the current investing environment, the upcoming earnings reports from railroad operator CSX (NASDAQ:CSX), heavy equipment powerhouse Caterpillar (NYSE:CAT), and medically focused industrial Danaher (NYSE:DHR) will offer many investors keen insights on these questions…” https://www.fool.com/investing/2019/10/06/3-top-us-stocks-to-watch-in-october.aspx While these are not my personal 3 top picks I do like… Continue Reading…

Stocks

“Here’s what happened to the stock market on Friday” (10/4/19)

“Dow Jones Industrial Average rallies 369 points The Dow closed 372.68 points higher, or 1.42% at 26,573.72. The S&P 500 gained 1.42% to close at 2,951.01. The Nasdaq Composite advanced 1.4% to 7,982.47. Friday’s gains came after the latest U.S. jobs report hit the sweet spot… Continue Reading…

Business, Stocks

“Delta Stock Slumps After Airline Reports Higher Costs”

“Delta Air Lines stock is tumbling on Wednesday after the airline raised cost estimates in its third-quarter update… …On Wednesday, Delta provided an update on its third quarter. The company said it now expects earnings per share between $2.20 and $2.30,… Continue Reading…

Stocks

“Can Best Buy Stock Rally 47% to $100?”

“On Tuesday, the stock received a $100 price target from analysts at Morgan Stanley. That implies a robust rally of almost 50% from current levels. It would also require a move over the 2019 highs near $78, as well as… Continue Reading…

Business, Stocks

“One FANG stock could rally another 40% before it gets overvalued, trader says”

“Yes, they’re [Google] spending some money right now on one-day shipping but that’s a short-term drag and that’s actually going to make them much, much stronger in the long run,” Tepper said… “It’s trading in the mid-$1,700s right now. We… Continue Reading…

Stocks

“Stocks making the biggest moves after hours: GM, KB Home, HB Fuller and more”

“General Motors shares jumped 1.8% after the bell following a CNBC report that the automaker and United Auto Workers union are nearing a tentative agreement that could end the union’s ongoing strike… Shares of KB Home reached a year-to-date high Wednesday but slid as much… Continue Reading…