Sometimes the market gets fairly excited about a perceived significant event causing a lot of would-be investors to jump into an investment without properly weighing all the potential risks and outcomes. Cobas Asset Management invested in Teekay Corporation (TK) to the tune of about 4 million shares. This is probably a very welcome development. It tends to confirm the bull long-term goal of multibagger....More>>>
Alnylam Pharmaceuticals (NASDAQ:ALNY) jumped as much as 14.5% today after announcing earnings after the bell yesterday. As a development-stage biotech, it wasn’t the revenue or the earnings that caused the spike, but the progression of Allnylam’s pipeline.
Nevertheless, here’s how the fourth quarter played out financially:
Alnylam Pharmaceuticals results: The raw....More>>>
Adjustable-rate mortgages (ARMs) get a bad rap. Some worry that they’re super risky for the borrower. Others contend that ARMs ultimately end in disaster due to the prevalence of exotic adjustable-rate mortgages leading up to the financial crisis.
One of the most common types of adjustable rate mortgages, the 5/1 ARM, features a fixed rate for 5 years, after which the rate resets once....More>>>
Cincinnati, OH, based Investment company Randolph Co Inc buys Visa Inc, Exxon Mobil Corp, National Retail Properties Inc, Target Corp, Nike Inc, Blackstone Group LP, STORE Capital Corp, Philip Morris International Inc, AMC Entertainment Holdings Inc, Bank of the Ozarks Inc, sells Quest Diagnostics Inc, Staples Inc, iPath S&P 500 VIX Short Term Futures TM ETN, iShares Core S&P Small-Cap,....More>>>
Residents of the Colonies considered themselves as English . . . who happened to live in (what is now called) a British Overseas Territory. In fact, it was not until the Nationality Act in the mid-1900s that residents of these BOTs were deemed citizens of those territories as opposed to Britain. My wife’s parents were born and lived their early lives in Canada. They both....More>>>