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>>>
Intersect ENT (NASDAQ:XENT) fell 10.3% during mid-day trading on Monday after an insider sold shares in the company. The company traded as low as $37.20 and last traded at $37.40. 2,310,856 shares were traded during trading, an increase of 754% from the average session volume of 270,528 shares. The stock had previously closed at $41.70.
Specifically, insider Lisa D. Earnhardt sold 15,000....More>>>
Welcome to Thursday, Americas. Here’s news from Bloomberg Economics to help get your Thursday started:
Global finance chiefs and central bankers begin three days of meetings in Canada with a return to crisis-management mode as the Group of Seven grapples with the market shock waves from Italy’s political woesIt’s looking ever tougher for the U.S. to keep up the pace of....More>>>
Oil futures set off on a positive start Monday as the first decline in U.S. oil-drilling activity since January gave the market a fresh tailwind after seven-consecutive sessions of price gains.
The drop in Baker Hughes weekly count, coming after a record 23-straight weeks of rising numbers of active rigs, helped stoke sentiment that shale producers may have hit a bottleneck amid prolonged....More>>>
Indian mutual fund industry’s assets under management (AUM) are expected to touch Rs 100 lakh crore in the next 10 years on account of strong participation from retail investors, a top Mahindra AMC official said today.
At present, the mutual fund industry has an asset base of Rs 22.36 lakh crore.
“People want to make money and they have understood the fact that only way....More>>>
Since the New Year, I have been doing some research – when I could find time in the post-holiday crush – on Sprints (S) market position in the wireless consumer space. While I have written several recent articles on Sprints immediate financial needs and the tactical approach of its parent company SoftBank (OTCPK:SFTBY) its been a while since I took a look at the consumer side of the....More>>>
Timing the market is easily one of the most difficult parts of trading. In particular, calling the market bottom and knowing when to get in is usually something investors only know way after the fact. 24/7 Wall St. is looking back to when the S&P 500 bottomed back in March 2009 to see how some of the major blue chips have fared since then.
Back on March 6, 2009, the S&P 500 bottomed....More>>>
Footwear retailer and 2016 best idea Finish Line (NASDAQ:FINL) reported results that were largely in-line with expectations. Overall, there were no major surprises, and I think the decline in the stock was largely the result of traders betting on better than expected earnings. I do not believe there was anything fundamentally negative during the quarter that should cause investors to panic. Let’s....More>>>
Stocks were flat on Friday, with both the Dow Jones Industrial Average(DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) indexes rising by less than 0.1%.
Today’s stock market
Data source: Yahoo! Finance.
Financial stocks outpaced....More>>>
After a long stretch of calm and a relentless rally, the stock market appears to be taking a breather. No one should be surprised — unless youre surprised it took so long for this bull market to take some downtime. Stock market corrections, typically defined as a loss between 10% and 20% from the peak, occur about every two years, on average. The last one began in May 2015, so were due, especially....More>>>