A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in
(RTTNews) - After moving sharply higher early in the session, stocks have seen some further upside over the course of the trading day on Friday. With the rally on the day, the tech-heavy Nasdaq is currently poised to end the session at a new record closing high.
(RTTNews) - Canadian stocks are up sharply Friday noon, extending gains following a buoyant start after jobs data from Canada and the U.S. beat expectations and helped fuel further optimism about economic recovery.
Following news that multinational luxury and fashion goods titan LVMH Moet Hennessy (OTC: LVMHF) wanted to lower the price on its acquisition of Tiffany & Co. (NYSE: TIF), sources say that the jewelry company threatened to launch a lawsuit in response. Today, LVMH says it wo
Sweden's former ambassador to China acted against the policy of the government by taking part in an unauthorized meeting in Stockholm last year aimed at freeing dissident bookseller Gui Minhai, a Swedish court heard on Friday.
The First Trust Global Wind Energy ETF is seeing unusually high volume in afternoon trading Friday, with over 288,000 shares traded versus three month average volume of about 33,000. Shares of FAN were up about 1.9% on the day.
What happened
Shares of Novavax (NASDAQ: NVAX) soared 153.9% in May, according to data provided by S&P Global Market Intelligence, after the company announced more than $300 million in funding for its coronavirus vaccine program and said it initiated its clinical trial.
What happened
The stock market continued its remarkable rally on Friday, thanks to a blowout jobs report and general optimism about the economic recovery as states continue to reopen. As of 10:50 a.m. EDT, the Dow Jones Industrial Average and S&P 500 were higher by 2.8% and
The U.S. Transportation Department said on Friday it will allow Chinese passenger air carriers to operate two flights per week after Beijing said it would ease coronavirus restrictions to allow in more foreign carriers.
In trading on Friday, the Oil Services ETF is outperforming other ETFs, up about 12.7% on the day. Components of that ETF showing particular strength include shares of Valaris, up about 49.6% and shares of Transocean, up about 41.6% on the day.
In trading on Friday, precious metals shares were relative laggards, down on the day by about 4.2%. Helping drag down the group were shares of Avino Silver & Gold Mines, off about 8.3% and shares of SilverCrest Metals down about 7.3% on the day.
In trading on Friday, oil & gas exploration & production shares were relative leaders, up on the day by about 13.8%. Leading the group were shares of Callon Petroleum, up about 55.4% and shares of Valaris up about 49.6% on the day.
The following are today's upgrades for Validea's Contrarian Investor model based on the published strategy of David Dreman. This contrarian strategy finds the most unpopular mid- and large-cap stocks in the market and looks for improving fundamentals.
The following are today's upgrades for Validea's Earnings Yield Investor model based on the published strategy of Joel Greenblatt. This value model looks for companies with high return on capital and earnings yields.
The following are today's upgrades for Validea's Low PE Investor model based on the published strategy of John Neff. This strategy looks for firms with persistent earnings growth that trade at a discount relative to their earnings growth and dividend yield.
The following are today's upgrades for Validea's Small-Cap Growth Investor model based on the published strategy of Motley Fool. This strategy looks for small cap growth stocks with solid fundamentals and strong price performance.
E-commerce is one of the few sectors that has remained relatively resilient in the face of the coronavirus pandemic, as consumers have shifted purchasing behavior toward online platforms in lieu of going to a local brick-and-mortar retail store: Prominent players like Amazon.com
Stocks took a step back on Thursday after a strong start to this week/month, but the Dow still managed to inch out a gain and extend its winning streak to four days.
The index had been down triple-digits when the final hour began, but finished higher by 0.05% (or just about 1
Technology firms were trading higher before market open on Friday. The Semiconductor Sector Index Fund (SOXX) rose 2.2%, while the Technology Select Sector SPDR ETF (XLK) was up around 1%.