Element Capital Management LLC acquired a new stake in LTX-Credence Co. common stock (NASDAQ:XCRA) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,132 shares of the semiconductor company̵
Source: ThinkstockMay 30, 2018: The S&P 500 closed up 1.3% at 2,724.08. The DJIA closed up 1.3% at 24,668.75. Separately, the Nasdaq was up 0.9% at 7,462.45.
Wednesday was a solid recovery for the broad U.S. markets after a slow start to this shortened trading week. Crude oil also saw a big recovery in Wednesdays session. The S&P 500 sectors were entirely positive. The most positive....More>>>
Another major U.S. bank has cut its exposure to thefirearmsindustry, but a top rival is sticking to its gunmakers business, company officials said Friday.
JPMorgan Chase’sbusiness relations with gunmakers “havecome down significantly and are pretty limited,” Chief Financial Officer Marianne Lake told reporters after the nation’s number one bank by assets issued its....More>>>
After struggling through deregulation, high oil prices, and a lengthy recession, airline stocks have rebounded in synchronization with the US stock market, with better global economies, and generally as a leading US economic indicator. A simple comparison of the six largest US airlines gives an encouraging picture of the recovery.
Of course, investors should be aware that airlines legendarily....More>>>
Novartis International AG (NVS) has one of the biggest and most promising pipelines in the industry. The company has a proven experience in getting value from its R&D activity. Novartiss stock won back its last year drop, but it is still far from the peak point level (around $106 as of 07/20/2015). According to Evaluategroups estimates, Novartis will save its leading positions as one of the....More>>>
Shanghai Pharma (SHA: 601607) paid $1.2 billion to win the bidding war for Cardinal Health’s (NYSE:CAH) China drug distribution operations. Cardinal was China’s eighth-largest drug distribution company, with $3.5 billion in 2016 China revenues, while Shanghai Pharma is number three. After the companies are combined, Shanghai Pharma will become number one.....More>>>
Despite demonstrating poor performance from 2013 to 2017, International Business Machines (IBM) has picked up momentum in the past couple months, currently boasting an elevated stock price of $167.34 as compared to previous November lows of $147. The company h
Valeant Pharmaceuticals (NYSE:VRX) is by no means a healthy company. Investing in them is by no means for the faint of heart. Since hitting highs of $259.98 on August 4th, 2015, VRX has been a deathtrap for investors, losing 95% of its market value. There are many reasons for that decline, but I
Media headlines about ACNB (NASDAQ:ACNB) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scal
During Honeywell's (NYSE:HON) 2017 Investor Conference, the company's management team reaffirmed guidance for both Q1 2017 (adjusted EPS of $1.60-$1.64) and for full-year 2017 ($6.85-$7.10). Some pundits previously expressed concerns over Honeywell's long-term growth story, but I believe that man
Krueger & Catalano Capital Partners LLC acquired a new stake in Host Hotels and Resorts Inc (NYSE:HST) during the second quarter, HoldingsChannel.com reports. The fund acquired 42,846 shares of the real estate investment trust’s stock, valued at approximately $903,000.