|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||1.78 - 1.86|
|52 Week Range||1.38 - 8.77|
|PE Ratio (TTM)||22.02|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Jamie Dimon says that the corporate tax cuts that Congress is close to getting done are akin to QE4. He made the remarks at an Axios event where he also defended share buybacks. Yahoo Finance's Alexis Christoforous and Jared Blikre discuss.
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the volatile day for the bitcoin market and how JPMorgan and Goldman Sachs are trying to delay the new bitcoin futures.
We say it almost every day: bitcoin is flying high, surging to over $12,800 this morning (up 1440% this year). Sunday evening, the CBOE will launch the first bitcoin futures. Yahoo Finance's Alexis Christoforous and Jared Blikre discuss.
Rite Aid Corporation (NYSE:RAD) has a new lease on life. Now that the sale of stores to Walgreens Boots Alliance Inc (NASDAQ:WBA) has begun, Rite Aid has the cash flow it needs to reduce a crushing debt burden and RAD stock has bounced off its lows as a result. The only thing left to decide is if Rite Aid will have a second act as a regional drug store or if it destined to sell itself off.
General Electric Company (NYSE:GE) has had a tough go of it, which is reflected in the GE stock price. Are you a proponent of the so-called efficient market hypothesis, which assumes that at any given time, all information about a company is reflected in that company’s stock price? On a less cerebral level, do you believe that cliches become cliches for good reason?
The combination of CVS Health Corp (NYSE:CVS) with Aetna Inc (NYSE:AET) seems like a strong move, and it raises questions as to who will scoop up Rite Aid Corporation (NYSE:RAD) and its stores and pharmacy management business. This may save both firms money because people may be enticed to use CVS clinics instead of going to the doctor. In addition, when people go to the clinics, they’ll be right there in a CVS store.
Rating Action: Moody's downgrades GNC's CFR to Caa1; Outlook is Negative. Global Credit Research- 05 Dec 2017. New York, December 05, 2017-- New York,-- Moody's Investors Service, today downgraded the ...