CHINA’S stockmarket has often been called a casino, with share prices bearing little connection to underlying economic conditions. But while the market has strayed from growth trends in the past, its divergence over the past few months has reached new extremes. Economic growth in the first quarter fell to 7%, the slowest annual figure in six years, but stocks have […]
Money Murder Mystery: Who Killed the Stock Market?Stock-Markets / Stock Markets 2015May 25, 2015 – 10:12 AM GMTBy: Money_MorningShah Gilani writes: Liquidity, the “life blood” that allows the world’s capital markets to function, has been murdered.Liquidity was choked violently in the bond market by the gloved hands of its erstwhile babysitter – the broker-dealers- but it bled to death in […]
By Ben LevisohnBarclays’ Geoff Meacham and Jonathan Eckard are feeling good about biotech stocks like Biogen (BIIB) and Alexion Pharmaceuticals (ALXN) heading into the summer. They explain why:
Associated Press
[The] Nasdaq Biotech Index index has outperformed the broader market eight out of 10 times over the summer period (Memorial Day to Labor Day) and in 2Q/3Q, there are a number of meaningful […]
NEW YORK (AP) — U.S. stocks are closing slightly higher, led by an advance in energy stocks as the price of oil climbs.Salesforce.com was among the big gainers Thursday after reporting results that beat analysts’ forecasts. Best Buy was also up after reporting strong earnings.The Dow Jones industrial average edged up a fraction of point to 18,285.The Standard & Poor’s […]
HONG KONG (AP) — Most Asian stock indexes rose Friday, with China’s benchmark at its highest in seven years, after Wall Street eked out another record close.KEEPING SCORE: Japan’s Nikkei 225 index edged 0.1 percent lower to 20,172.15 and South Korea’s Kospi rose 0.5 percent to 2,134.11. Hong Kong’s Hang Seng advanced 1.2 percent to 27,863.25. The Shanghai Composite Index […]
Stock Trading Alert: More Uncertainty Following Recent Rally – Which Direction Is Next?By: Paul Rejczak | Thu, May 21, 2015SharePrintEmailStock Trading Alert originally published on May 21, 2015, 6:19 AM:Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,140, and profit target at 1,980, S&P 500 index)Our intraday outlook is bearish, and our short-term outlook is bearish:Intraday […]
May 21, 2015 08:37 ET | Source:CNinsure Inc.GUANGZHOU, China, May 21, 2015 (GLOBE NEWSWIRE) — CNinsure Inc. (Nasdaq:CISG) (the “Company” or “CNinsure”), a leading independent online-to-offline financial services provider operating in China, in light of the recent volatility of its stock price, today announced that it is not aware of any material non-public information that would account for such unusual […]
Who’s Killing the Stock Market?Stock-Markets / Stock Markets 2015May 21, 2015 – 06:41 AM GMTBy: Money_MorningShah Gilani writes: Liquidity, the grease that allows the world’s capital markets to function, has been murdered.It bled to death in the stock market from a thousand nicks and cuts and was suffocated violently in the bond market by the gloved hands of its erstwhile […]
Eleven Biotherapeutics (EBIO – Snapshot Report) suffered a huge setback with its lead pipeline candidate failing in a late-stage study. Meanwhile, companies like bluebird (BLUE – Snapshot Report), Agios (AGIO – Snapshot Report) and Acceleron (XLRN – Snapshot Report) all got encouraging news on the regulatory front. Achillion (ACHN – Snapshot Report) struck a collaboration agreement with Johnson & Johnson […]
Tax scare on Yahoo’s Alibaba stake spin-off seen premature by BusinessInsider.com : Wednesday 05:30:11 CTCategories: markets, streamBy Supantha Mukherjee and Abhirup Roy(Reuters) – Yahoo Inc’s planned spin-off of its stake in Alibaba Group Holding Ltd is likely to proceed on a tax-free basis, analysts said, as Yahoo shares regained most of their losses after concerns of a possible change in […]
