michigan

Stock Market News for June 15, 2015 – Zacks Investment Research

Benchmarks ended the last trading day of the week in the red following a deadlock between Greece and its creditors over the country’s bailout program. Positive consumer sentiment data also raised anxiety about a possible hike in interest rates sooner than later. For the week, the S&P 500 and the Dow ended in the green, while the Nasdaq finished in […]

Stock Market News for May 18, 2015 – Zacks Investment Research

Markets added modest gains on Friday amid discouraging economic data. A flurry of weaker-than-expected economic reports increased expectations that the Fed will refrain from raising interest rates in the near term, which eventually helped the S&P 500 and the Dow end marginally higher. The day’s minute gains were enough for the S&P 500 to close at a record level for […]

Tesla business acquisition wrongly sends stock market into frenzy

Tesla Motors acquired Riviera Tool LLC, a tool and die company based out of Michigan, for an undisclosed sum on the 7th of May. What followed was a buying frenzy of the wrong stock, which led to the industry regulator stepping in.Not long after the acquisition announcement by Tesla Motors, stock speculators suggested that shares in Riviera Tool LLC would be a good purchase, […]

Futures Flat As Global Markets Closed For May Day

Following a volatile end to April, on whose last day many decided to frontrun “selling in May before going away”, the world has taken a breather and overnight China was closed to celebrate May day, unable to celebrate the “beat” of the official Chinese Manufacturing PMI which printed unchanged from last month, at 50.1, goalseeked to beat the consensus expectation […]

Oppenheimer Comments On 2 Biotech Stocks – Benzinga

Related CNCOppenheimer Boosting Targets In Healthcare On ‘Exposure To Interest Rate Changes’8 Managed Care Stocks To Watch In Earnings Season’Non-Cyclical Consumer Healthcare’: How This Sector Will Create Long-Term Wealth(Seeking Alpha)Related Biotech: Anatomy Of An Investing Mania?Bind Therapeutics Rallies Off Oppenheimer RatingIn separate reports, Oppenheimer analysts commented on the pipelines of two Biotech majors – Centene Corp (NYSE: CNC) and BIND […]

Oppenheimer Comments On 2 Biotech Stocks – Centene … – Benzinga

Related CNCOppenheimer Boosting Targets In Healthcare On ‘Exposure To Interest Rate Changes’8 Managed Care Stocks To Watch In Earnings Season’Non-Cyclical Consumer Healthcare’: How This Sector Will Create Long-Term Wealth(Seeking Alpha)Related Biotech: Anatomy Of An Investing Mania?Bind Therapeutics Rallies Off Oppenheimer RatingIn separate reports, Oppenheimer analysts commented on the pipelines of two Biotech majors – Centene Corp (NYSE: CNC) and BIND […]

Stock Market News for April 20, 2015 – Zacks Investment Research

Benchmarks ended in the red on Friday following investor concern over new equity market regulations in China and Greece’s debt crisis. Meanwhile, AmEx’s dismal earnings results weighed on the Dow. The S&P 500 and the Dow both registered their worst one day percentage decline in more than three weeks on Friday. Benchmarks also finished in negative territory for the week […]

MARCH 27th – GLOBAL ECONOMIES – MARKET REVIEW

Wall Street on Friday closed higher for the first time in a week, lifted by rising tech stocks, while oil prices slumped 5 percent on receding fears about Middle East fighting disrupting supplies.U.S. Treasury debt prices jumped on government data indicating U.S. economic growth was slowing and the dollar was down, while gold had its first losing day after a […]

Stock market is 'horrible', but investors are turning bullish …

The bad news is that we just finished lower for a fourth-straight session. The good news: Hey, at least the market didn’t just add another black crow to the flock. Not the “She Talks to Angels” kind. Rather, the kind that pecks away at positions.Here’s how it works: After a decent stretch, the S&P SPX, +0.24%  started with three trading […]

Stock Market News for March 16, 2015 – Zacks Investment Research

Strengthening U.S. dollar and a slump in oil prices dragged benchmarks lower on Friday. US crude prices dropped to their lowest levels since Jan 28. Meanwhile, declines in producer prices and consumer confidence added to the bearish sentiment. Benchmarks also posted losses for the third straight week, mostly spooked by sooner-than-expected rate hike fears.For a look at the issues currently […]