NEW YORK (AP) — Fear that Greece could default on its debt and abandon the euro rattled global financial markets Friday.News that negotiations between Greece and its international lenders are making little progress sent European stock markets down sharply, and the selling spread across the Atlantic. By the close of U.S. trading, stocks across industries were lower, with four of […]
It turns out Wall Street investors like those homespun crafts. Etsy, the online marketplace for handmade goods, went public today. Shares opened at $31 on the NASDAQ, popping up 94 percent from the initial set price of $16 per share. The company closed its first day of trading at $30 per share, an 86% percent rise from its initial price.The company raised over $287 million by […]
On Wednesday, Athersys, Inc. (NASDAQ:ATHX)’s shares declined -11.74% to $2.63.Athersys, Inc. (ATHX) will release its first quarter 2015 financial results at about 4:00 PM EDT on Monday, May 11, 2015, and host a conference call shortly thereafter at 4:30 PM EDT to review the results. Gil Van Bokkelen, Chairman and Chief Executive Officer, and William (B.J.) Lehmann, President and Chief […]
SEOUL, South Korea (AP) — Stock markets in China and Hong Kong extended gains on Friday on expectations of further policy easing, but other stock markets in the region were subdued.KEEPING SCORE: Shanghai Composite index gained 1.1 percent to 4,241.57 while Hong Kong’s Hang Seng rose 0.3 percent to 27,821.62. South Korea’s Kospi inched up 0.1 percent at 2,141.53. Japan’s […]
NEW YORK (AP) — The place where you can buy handmade dresses and crocheted dog costumes has a new hot seller: its own stock.Shares of arts and crafts retailer Etsy surged in opening trading on the Nasdaq Thursday. After pricing at $16 late Wednesday the stock opened at nearly double that, and hit a high of $35.73 in morning trading. […]
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Etsy began trading on the Nasdaq at $31.86 a share — a big pop from the $16 a share price the company set […]
The Medicines Co. (MDCO – Analyst Report) was in the news for different reasons last week – while the company reported disappointing preliminary top-line results for the first quarter, later on the company received some good news with the FDA issuing positive briefing documents for Kengreal ahead of an advisory panel meeting. Other companies making it to the headlines over […]
A stock market correction, technically speaking, occurs any time a major benchmark index loses at least 10% of its value. When an index suffers losses of 20% or more, it earns the right to be called a “bear market.” On average, stock market corrections occur every 1.5 years, while bear markets occur about every nine years.Source: ©iStock.com/blewisphotographyAs you may have noticed, the U.S. […]
Stock Trading Alert: Stocks Extended Short-Term Uptrend – New All-Time Highs Ahead?By: Paul Rejczak | Mon, Apr 13, 2015SharePrintEmailStock Trading Alert originally published on April 13, 2015, 6:25 AM:Briefly: In our opinion, no speculative positions are justified.Our intraday outlook is neutral, and our short-term outlook is neutral:Intraday outlook (next 24 hours): neutralShort-term outlook (next 1-2 weeks): neutralMedium-term outlook (next 1-3 […]
Among most shorted stocks trading on the New York Stock Exchange, Chesapeake Energy and Petrobras once again saw sharp increases in their short interest between the March 13 and March 31 settlement dates. On the other hand, short sellers fled from Pfizer and Verizon for the second period in a row.All of the top five had more than 120,000 shares […]
