Trump market rally on hold, but it may not be over

Trump market rally on hold, but it may not be over

Trump sinks drug stocks The stock market staged an epic rally after Donald Trump was elected president of the United States. It was one of the best post-election performances in history. But now that Trump is about to be inaugurated as the 45th commander-in-chief, the enthusiasm has died down a bit. Stocks have been relatively → Read More

Russian officials: We're not counting on Trump to lift sanctions

Russian officials: We're not counting on Trump to lift sanctions

Biden: ‘I promise’ Russia will target democracies Russia is not banking on Donald Trump scrapping economic sanctions any time soon. First deputy prime minister Igor Shuvalov said the Russian government’s plans for 2017 are based on the expectations that sanctions are here to stay. Read More

Here's Why Teladoc Soared Nearly 14% Higher This Morning

Here's Why Teladoc Soared Nearly 14% Higher This Morning

What happened Shares of on-demand healthcare provider Teladoc (NYSE:TDOC) rose as much as 13.9% Thursday in the first two hours of trading after the company announced that it would price up to 9,487,500 shares of common stock, including underwriter options for additional equity, at $16.75 per share. If fully subscribed, the offering will bring in → Read More

Why Zynerba Pharmaceuticals Inc. Is Tanking Today

Why Zynerba Pharmaceuticals Inc. Is Tanking Today

What happened After Zynerba Pharmaceuticals (NASDAQ: ZYNE) released the pricing information of its recently announced secondary common stock offering, its shares fell by more than 16% as of 11:20 a.m. EST on Thursday. So what Zynerba Pharmaceuticals announced that it is selling 2.8 million shares of its common stock at a price of $18.00 per share. The offering → Read More

Why Cedar Fair, L.P. Stock Gained 15% Last Year

Why Cedar Fair, L.P. Stock Gained 15% Last Year

What happened Share of theme-park operator Cedar Fair, L.P. (NYSE:FUN) rose 15% last year, according to data from S&P Global Market Intelligence. Though the company mostly missed quarterly estimates, earnings growth was still strong, helping to prop up the stock nonetheless. As the chart below shows, the stock increased thanks to two bullish waves, one in the → Read More

How to earn $5,000 a year more in retirement

How to earn $5,000 a year more in retirement

The steady path to a dream retirement Many people expect their living costs to drop in retirement, and while this might be true in certain cases, it isn’t always. Healthcare alone can eat up a large chunk of the average retiree’s budget, while other expenses, like housing, food, and transportation can really add up. Since → Read More

SpaceX Starts Off 2017 Right

SpaceX Starts Off 2017 Right

Four months after a SpaceX rocket exploded on its launch pad in Florida, SpaceX is back in space. In a successful Saturday morning (Pacific time) launch, SpaceX sent 10 Iridium (NASDAQ:IRDM) communications satellites into low earth orbit (LEO) — then capped its mission by relanding its Falcon 9 rocket on a barge at sea. For the → Read More

New Oriental Education & Tech Grp (ADR) Holds the Naysayers at Bay

New Oriental Education & Tech Grp (ADR) Holds the Naysayers at Bay

Back in December, a Reuters report surfaced claiming that New Oriental Education (NYSE:EDU) had engaged in fraud by having teachers and tutors complete college application materials for students.The stock dipped 14% on the news. While the allegations are certainly alarming, most of it is just noise: Years ago, New Oriental pivoted from the test prep business → Read More

Newmont Mining Had a Great 2016. Will It Lose Its Luster in 2017?

Newmont Mining Had a Great 2016. Will It Lose Its Luster in 2017?

With prices rising as much as 21% last August, gold looked like it was bouncing back last year from the slide that it has endured since 2013. Donald Trump’s election put an end to that, though — from the election to the end of December, the price of gold fell nearly 11%. In the midst → Read More

Wabash National Corporation Stock's 34% Jump in 2016 Could Be Just the Beginning

Wabash National Corporation Stock's 34% Jump in 2016 Could Be Just the Beginning

If you haven’t heard about Wabash National Corporation (NYSE:WNC), it’s time to pay attention. The trailer manufacturer’s stock is already up 8% year to date after rallying 34% in 2016. Impressive, isn’t it? Wait until you hear this: Until Nov. 7, 2016, Wabash was down 7% year to date but has climbed an eye-popping 57% → Read More

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