Harvey's floodwaters mix a foul brew of sewage, chemicals
Harvey's floodwaters mix a foul brew of sewage, chemicals
Helios and Matheson Analytics (NASDAQ: HMNY) -- owner of the MoviePass all-you-can-watch movie subscription service -- is seeing its stock tumble yet again on Thursday. At only 3 p.m. EDT, with still an hour to go in the trading day, Helios stock was already down 28.1%. You'll never guess what MoviePass just did.
Shares of red-hot chipmaker Nvidia were falling close to 6% after-hours following the release of its July quarter earnings on Thursday. Nvidia beat on both earnings and revenue expectations, but issued fiscal Q3 guidance that was weaker than expected
One of the most significant changes was that three of Berkshire's bank stock positions significantly increased during the quarter, with the company investing about $1.2 billion altogether. Here's a rundown of Berkshire's latest bank stock investments, why Buffett may have loaded up on these banks, and whether there could be more buying yet to come.
The company steps into the earnings fray next week, and BABA stock finds itself once again trading at multi-month lows. Specifically, BABA stock is in a situation very similar to what we saw back in April.
Biotech stocks trading under $5 a share may seem like more trouble than they're worth. Over the past few years, however, several beaten-down biotech stocks have ended up producing enormous gains for risk-tolerant investors. For example, Acadia Pharmaceuticals (NASDAQ: ACAD), Exelixis (NASDAQ: EXEL), and Dynavax Technologies Corporation (NASDAQ: DVAX) were all once so-called "penny stocks" that went on to rebound nicely once their lead clinical candidates made it successfully onto the market.
Millennials can have a significantly higher median salary in certain states. The East Coast has some of the highest median salaries for millennials. My educational background, as well as the timing of my career choices, likely appear to be an irrelevant lifetime ago for some readers.
Another former Tesla employee has filed a whistleblowing tip with the Securities and Exchange Commission. The tip alleges that Tesla did not disclose to shareholders the theft of raw materials and unauthorized surveillance and hacking of employee devices and that the company did not tell federal authorities about information it received from former employee Karl Hansen about alleged drug trafficking at the company's Gigafactory in Sparks, Nevada. Tesla did not immediately respond to a request for comment.
Yahoo Finance's Jared Blikre joins Sean Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
Pricing pressure, competition, and massive debt have taken a toll on Teva Pharmaceutical Industries (NYSE: TEVA) in the past year, yet Warren Buffett's Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B) has bought millions of shares in 2018, including 2.7 million shares in the second quarter alone. A value investor, Buffett favors companies with strong long-term tailwinds that have fallen victim to short-term struggles. Teva Pharmaceutical's slate of bad news over the past year certainly qualify as setbacks, one of which was self-inflicted.
If you or your children are eating Cheerios right now, there’s a good chance that they’re accompanied by a potentially harmful weed killer called Roundup. The Environmental Working Group (EWG) on Wednesday released the results of a test it conducted on popular oat-based products, like Cheerios, Lucky Charms, Kind Bars, Nature Valley bars, and others, to determine whether they contained any of the herbicide glyphosate. Glyphosate is the active ingredient in Monsanto’s Roundup weed killer, and at high levels, has been linked to cancer.
Many of Silicon Valley's biggest tech companies pay a typical worker well into the six figures — or in the case of Facebook, a whopping $240,430. The figures on worker pay and how that compares with CEO compensation are from company filings with the U.S. Securities and Exchange Commission.
Beyond FAANG: A Bloodbath on August 15 (Continued from Prior Part) Metal stocks Metal and mining stocks have been on a literal freefall in August. In this part, we’ll discuss the outlook for metal stocks after several stocks traded close to their 52-
Four Chinese nuclear reactors are getting set to go on line, and the process so far has gone relatively smoothly. China is in the process of building out its nuclear power infrastructure, with 19 reactors currently under construction. Southern Company representatives have been on hand to monitor the progress.
Jim Cramer sits down with Sen. Elizabeth Warren to discuss her new bill, the Accountable Capitalism Act, introduced on Wednesday. The bill would require large corporations to consider the interests of all major stakeholders in company decisions. Warren...
Here are three high-yield stocks that fit that bill: Magellan Midstream Partners LP (NYSE: MMP), Duke Energy Corporation (NYSE: DUK), and Procter & Gamble (NYSE: PG). Pretty much the only way for a regulated utility to get its rates approved is to spend money on upgrading its system.
There was a big bombshell in marijuana land. Constellation Brands (STZ) known for its beer, wine and spirits, is investing about $4 billion in Canadian marijuana company Canopy Growth (CGC) Constellation paid a whopping 51% premium. Marijuana stocks are highly volatile, and investors need help in properly investing and trading them.
Pfizer (NYSE: PFE) certainly has its fair share of critics on Wall Street. As a result, President Trump specifically targeted Pfizer earlier this year in his criticism of the industry's widespread practice of raising drug prices well above the rate of inflation every year.
Dillard's (NYSE: DDS), MiMedx Group (NASDAQ: MDXG), and Global Net Lease (NYSE: GNL) were among the worst performers on the day. Shares of Dillard's dropped almost 9% even after the company released second-quarter financial results that came in somewhat better than most of those following the department store retailer had expected. Dillard's managed to push revenue higher by 2% on a 1% rise in comparable sales, which was better than the consensus forecast among investors, and it narrowed its year-earlier loss substantially.
Boeing has named a new boss for its 737 manufacturing program in Renton after the plant racked up its lowest delivery tally in five years. Scott Campbell, vice president and general manager of the 737 program and Renton site leader, will retire at the end of the year after three decades at Boeing Commercial Airplanes. Boeing Commercial Airplanes President and CEO Kevin McAllister told employees that Campbell expressed his wish to retire earlier this year, according to a memo obtained by Bloomberg News.
Warren Buffett's Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) manages a staggering $200 billion, and while Buffett is best known for his own-it-forever stock-picking approach, he's not afraid to sell companies when he feels his money can be best put to use elsewhere. Because Berkshire Hathaway's so big, it tends to own huge stakes in companies that take months to unwind, so the prospect of being on the wrong side of an investment Buffett's soured on isn't a pleasant one. Fortunately, the stocks Berkshire Hathaway is selling are revealed every quarter in a 13F report it files with the Securities and Exchange Commission.
Ford's dividend yield is around 6%, a level that generally suggests that investors think a dividend cut is on the way. Ford's chief financial officer, Bob Shanks, thinks the company's current dividend is sustainable, even through a moderate recession.
Here's a roundup of top developments in the biotech space over the last 24 hours. Scaling the Peaks (Stocks hitting 52-week highs on Aug. 15) Inspire Medical Systems Inc (NYSE: INSP) Merck & Co., Inc. (NYSE: MRK) Pacira Pharmaceuticals Inc (NASDAQ
Why Cannabis Stocks Took a Beating Yesterday Cannabis stocks fell On August 14, the overall cannabis sector was in the deep red. The Horizons Marijuana Life Sciences ETF (HMMJ) fell 4.5% during the day, while the Emerging Marijuana Growers Index ETF
The Dow Jones Industrial Average notched a dubious distinction on Wednesday, as U.S. equity benchmarks fell firmly lower, and extended it on Thursday despite a powerful rally. The blue-chip benchmark failed to move 10% above the closing low hit earlier in the year, and has now spent the longest period in correction territory — 132 trading sessions (as of Thursday’s close) — since the 223 sessions in 1961, according to Dow Jones Market Data. Some market-technician purists believe that an asset must put in a new high to officially emerge from correction phase.
With just a quick glance General Electric (NYSE:GE) and Ford Motor (NYSE:F) appear to be cut from the same cloth. Both were once at the top of their game, but recently, both F and GE stock have been destroyed as the sheer passage of time has made the two companies much less relevant. When one takes a closer look, however, it becomes clear that General Electric and Ford aren’t exactly carbon copies of one another.