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Dow Sets New Intraday High; Citigroup Impresses With Earnings
Monday, July 14, 2014 - 4:44pm | 2632U.S. stocks rose as earning season unofficially kicked off with Citigroup reporting better than expected earnings. The Dow Jones Industrial average set new intra-day records, hitting an all time high of 17,088.43 as investors appear to be comfortable with holding blue chips instead of...
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Earnings Expectations For The Week Of July 14: Big Banks, Tech Giants And More
Monday, July 14, 2014 - 6:54am | 1131After Alcoa (NYSE: AA) and Wells Fargo (NYSE: WFC) kicked off the second-quarter earnings season last week, things ramp up this week with reports from many of the big banks, some tech giants and other blue-chips. Citigroup (NYSE: C), Goldman Sachs (NYSE: GS) and J.P. Morgan (NYSE: JPM) get...
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AOL, Kinder Morgan And Others Insiders Have Been Buying
Tuesday, May 13, 2014 - 1:58pm | 968AOL, Kinder Morgan and Tyco International are among the companies that have seen insider buying lately. So is Opko Health, which sees insiders frequently scooping up shares. Insiders may sell shares for any number of reasons, but conventional wisdom says that insiders really only buy shares of...
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Illumina and Other Bargain Biotech Stocks Worth a Look Now
Wednesday, May 1, 2013 - 12:57pm | 916The research team at PropThink, which focuses on emerging growth companies in the health care sector, recently offered a list of bargain biotech stocks worth a look. The stocks that made the list include Endo Health Solutions (NASDAQ: ENDP), Illumina (NASDAQ: ILMN) and Keryx Biopharmaceuticals (...
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Abbott Labs (ABT) Is Laying Off 3,000 People
Wednesday, September 22, 2010 - 1:32am | 133Abbott Labs (ABT) is cutting 3,000 jobs primarily in its European operations. Most of the cuts will cut jobs in manufacturing, commercial operations, research and development, and staff function. The move follows the company's recent acquisition of Solvay Pharmaceuticals. According to the AP, the...