With the broader markets hovering around their all-time highs at the moment, the idea of buying individual stocks that are at or close to their 52-week highs may not sound all that appealing. Stocks with the richest valuations, after all, are likely to be the hardest hit in the event of a marketwide downturn.
Nonetheless, our contributors think that Clovis Oncology (NASDAQ:CLVS), Corbus....More>>>
New York, NY, based Investment company BlueMountain Capital Management, LLC buys Team Health Holdings, Humana, CBS, International Seaways, Sealed Air, MedEquities Realty Trust, Double Eagle Acquisition, Nexstar Media Group, Eldorado Gold, Kohl’s, sells Lam Research, Allergan PLC, Symantec, Shire PLC, B/E Aerospace during the 3-months ended 2016-12-31, according to the most recent filings of....More>>>
31% Cut in Social Security Benefits Needed by 2031: CBO
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U.S. charities and foundations are on edge about how the stated policies of the incoming Trump administration and the Republican-majority Congress will play out in the coming year.
Nonprofit groups could see the....More>>>
* Lost more than $2 bln last year
* Sale of Craftsman brand to help satisfy capital needs this year
* Limits on further assets it can sell (Adds income and debt figures, asset sale details, background)
By Ankit Ajmera and Nathan Layne
March 21 (Reuters) – Sears Holdings Corp, once the largest U.S. retailer, warned on Tuesday about its ability to continue as a going....More>>>
A Snap Inc. banner covers the facade of the New York Stock Exchange, March 2, 2017, in New York, as the Snapchat IPO debuts.Snapchat surged in its debut trade Thursday, jumping more than 40 percent from the level set in the initial public offering Wednesday night. (Photo credit BRYAN R. SMITH/AFP/Getty Images)
After Snapchat’s successful initial public offering last week, I asked Robert....More>>>
The parent company of Sears, once the nation’s largest retailer, issued a somber warning Tuesday about its survival.
According to USA Today, Sears Holdings, which also owns Kmart, broke the news in an annual report filed with the Security and Exchange Commission.
“Our historical operating results indicate substantial doubt exists related to the company’s ability....More>>>
The company that operates Sears, the department store chain that dominated retail for decades, warned Tuesday that it faces “substantial doubt” about its ability to stay in business unless it can borrow more and tap cash from more of its assets.
“Our historical operating results indicate substantial doubt exists related to the company’s ability to continue as a going....More>>>
The Dutch maker of Dulux paint has rejected a second takeover offer from a US rival.
Paints and coatings maker AkzoNobel turned down PPG Industries, saying an improved 22.4bn-euro (£19.3bn) offer was too low and risky.
Dutch politicians had publicly opposed PPG’s first proposal, saying it was not in the interests of the country.
Akzo’s share price fell slightly....More>>>
Dutch paints and coatings maker Akzo Nobel rejected a second takeover proposal from U.S. rival PPG Industries saying an improved 22.4 billion euro ($24.1 billion) offer was too low and too risky.
Akzo (AKZOY, +2.32%) said in a statement the new non-binding PPG (PPG, -1.03%)proposal made on March 20 was worth 88.72 euros per share in cash and shares, up from a first offer on March 9 worth....More>>>
Shares of Foxtons Group PLC (LON:FOXT) have earned a consensus rating of “Hold” from the nine research firms that are covering the company. Three equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among brokers that have covered the stock....More>>>