Related MEDEarnings Scheduled For May 7, 2015Morning Market LosersMedifast, Inc. (NYSE: MED), a leading United States manufacturer and provider of clinically proven weight-loss and healthy living products and programs, announced today that President & Chief Operating Officer, Margaret Sheetz, has adopted an individual stock trading plan. The trading plan is designed to comply with Rule 10b5-1 under the Securities Exchange […]
Wikimedia CommonsStock investors are expected to tread carefully next week, as speculation about the timing of a US Federal Reserve interest rate hike adds to concerns about valuations.Since hitting record levels two weeks ago, the US stock market has struggled for direction, and investors said the next several sessions might prove no better. A run of better-than-expected economic figures failed […]
01Jun, 2015The Cure For Stock Market Fragmentation·The WSJ has an op-ed today titled “The Cure for Stock-Market Fragmentation: More Exchanges” which was written by Jonathan Macey (a Yale law professor) and David Swensen (Yale’s Chief Investment Officer). The article tackles what we believe is the number one problem with the US equity market: fragmentation. The authors sum up this problem in a […]
Sarepta Therapeutics (NASDAQ:SRPT)After the closing bell on May 19, 2015 shares of Sarepta Therapeutics were up as much as 38% in after-hours trading after the company reported that the FDA will allow the company to file a New Drug Application — NDA — for Eteplirsen. This drug Eteplirsen helps patients with Duchenne Muscular Dystrophy — DMD — to restore dystrophin […]
By Justin Fox, Bloomberg ViewEvery once in a while a business journalist notices how well Danaher Corp. has performed during the past few decades, and feels compelled to remark upon it. Well, now I’ve noticed, and I guess the most appropriate remark is, “wow.” Or maybe “jeepers.”Tektronix dealDanaher paid nearly $3 billion for Washington-County based Tektronix in 2007. The deal’s […]
Stox is an online broker that wants to make trading stocks less mystifying for new investors. The London-based company announced that it has raised an $8 million Series A round led by Singulariteam.The site is currently in beta in the U.K. and will launch in the U.S. later this year. Once it opens to the public, it will join a […]
Major stock indexes were heading for a higher close late Thursday afternoon, with the Standard & Poor’s 500 index on track for another all-time high. The market got a lift from new data indicating applications for unemployment aid fell last week. Technology and consumer staples stocks were among the biggest gainers.KEEPING SCORE: The Dow Jones industrial average rose 185 points, […]
U.S. stocks rebounded Thursday, snapping a three-day losing streak for the Dow Jones industrial average and the Standard & Poor’s 500 index.Encouraging data on the U.S. job market and inflation helped lift the market, pushing the S&P 500 to a record high. The Dow came within 36 points of its own record. The indexes are up for the month and […]
Talk Of A Stock Market Crash – How Concerned Should We Be?By: Chris Ciovacco | Mon, May 11, 2015SharePrintEmailA MarketWatch opinion piece published on 05/11/15 has the attention-grabbing headline “Countdown to the stock market Crash of 2016 is ticking louder”.How often have calls for a crash been made in recent years? While we will not attempt to answer the question […]
Tim Boyle | Bloomberg | Getty ImagesWilliam McNabb, chairman, president and chief executive officer of Vanguard GroupHe also believes index funds will continue to outperform actively managed funds. From 2007 to 2014, index funds saw inflows of $1 trillion, while actively managed funds saw outflows of $659 billion.”It’s the triumph of low-cost investing, and I do think that’s a secular […]
