Innovation can still produce results even in a sluggish U.S. spine market, as seen with the ongoing growth at companies like K2M (KTWO) and Globus (GMED). In the case of K2M, the story is still about the company’s disruptive product development in degenerative and complex spine, supported by a strong platform in 3D-printed implants. With that, the shares have done okay since my last update....More>>>
Omeed Malik, a Bank of America Corp. prime brokerage executive who left the firm this month, departed after the lender began investigating an accusation of inappropriate sexual conduct, according to a person with knowledge of the situation.
A woman in her 20s complained in December that Malik had made unwanted advances, said the person, who asked not to be identified discussing personnel....More>>>
In my very first MannKind article I offered for my SA readers, I made the following statement:
Wall Street gurus are always smarter than the retail investor that doesn’t do their homework.
I have mentioned several times that MannKind’s (NASDAQ:MNKD) management understands the reality and has done a remarkable job in keeping the company hooked up to a life support system....More>>>
Chesapeake Energy (NYSE:CHK) – Analysts at Jefferies Group boosted their Q2 2019 earnings per share estimates for shares of Chesapeake Energy in a research note issued to investors on Tuesday, May 15th. Jefferies Group analyst M. Lear now forecasts that the oil and gas exploration company will post earnings per share of $0.10 for the quarter, up from their prior estimate of $0.09. Jefferies....More>>>
Toward the end of trading Monday, the Dow traded up 0.12 percent to 23,585.09 while the NASDAQ declined 0.19 percent to 6,876.21. The S&P also fell, dropping 0.04 percent to 2,601.31.
Leading and Lagging Sectors
Monday afternoon, the non-cyclical consumer goods & services sector proved to be a source of strength for the market.
In trading on Monday, energy shares fell....More>>>
One of the richest men in China has made a big bet on an icon of Europe’s automotive industry.
Li Shufu, the billionaire chairman of Chinese car maker Geely (GELYF), invested about $9 billion buying a stake of almost 10% in Daimler (DDAIF), making him the biggest single shareholder in the owner of Mercedes Benz.
Li, who’s estimated to be worth around $18 billion, has....More>>>
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The news of Advaxis (NASDAQ:ADXS) submitting its conditional marketing application in Europe has been well covered on Seeking Alpha so far, both in my 3 Things series and by Terry Chrisomalis in a more....More>>>
I typically write on small cap and other stocks which are much less followed than Tesla (TSLA) because doing so helps fill an obvious coverage void. TSLA, on the other hand, is extremely well-covered, and so theres less of an opportunity to make new points and/or present a fresh angle. Indeed, I regularly read all of the short-side experts (Montana Skeptic, EnerTuition, Anton Wahlman, etc.) as well....More>>>
Diamondback Energy Inc. (NASDAQ: FANG) reported third-quarter results after markets closed on Monday. The independent oil & gas company posted adjusted earnings per share of $0.54 on revenues of $142 million. In the same period a year ago Diamondback reported EPS of $0.40 on revenues of $111.95 million. Third-quarter consensus estimates called for EPS of $0.34 and revenues of $142.58 million.
November 28, 2017: Here are four stocks trading with heavy volume among 76 equities making new 52-week lows in Tuesday’s session. On the NYSE advancers led decliners by about 2 to 1 and on the Nasdaq, advancers led decliners by the same ratio.
Weatherford International plc (NYSE: WFT) dropped nearly 5% Tuesday to post a new 52-week low of $3.08 after closing at $3.24 on Monday. The....More>>>