The housing sector in the United States seems to be on a roll, thanks to low mortgage rates. The S&P Homebuilders Select Industry Index (TR) has beaten the S&P 500’s rise of 3.5% by returning 8.2% year to date. In fact, the most popular homebuilder ETF iShares U.S. Hom
The U.S. Securities and Exchange Commission (SEC) has launched an investigation into tobacco giant Altria's (NYSE: MO) stake in e-cigarette maker JUUL Labs, according to a report by The Wall Street Journal. SEC regulators are reportedly looking into whether or not Altria fully d
(RTTNews) - The Canadian stock market ended notably higher on Friday, as rising concerns about the rapidly spreading coronavirus infection rendered the mood bearish and knocked down shares from across various sectors.
Colombia needs a more durable fiscal adjustment to meet its financial targets, the International Monetary Fund said on Friday, adding that the country's central bank should increase reserves to protect against external shocks.
U.S. President Donald Trump will be accorded the biggest public reception given to any foreign leader in years during his visit to India beginning on Monday, officials say, one that could help paper over the two countries' growing friction over trade.
The main U.S. stock indexes fell again in response to a double punch from renewed fear about the coronavirus and discouraging data on the service sector of the economy.
After markets closed Friday, Wells Fargo (NYSE: WFC) announced a significant milestone in its effort to put its troubled past behind it, agreeing to pay $3 billion and admit wrongdoing to settle criminal and civil investigations with the Department of Justice and the Securitie
The U.S. Food and Drug Administration announced on Friday afternoon that it had officially approved a new cholesterol-lowering drug developed by Esperion Therapeutics (NASDAQ: ESPR). Nexletol (also known as bempedoic acid) is intended to be used as an add-on treatment for patien
Moody's Investors Service on Friday downgraded outlook on France's ratings to stable from positive, citing insufficient measures to manage a sustainable and clear downward trend in the country's public debt ratio.
Preclinical biotech Passage Bio (PASG) is the only IPO set to price in the coming week.
Passage Bio plans to raise $126 million by offering 7.4 million shares at a price range of $16 to $18. At the midpoint, Passage Bio would command a market cap of $713 million. The Pennsylvani
More than a year after Altria (NYSE: MO) invested $12.8 billion in electronic cigarette maker Juul Labs in exchange for a 35% stake, the SEC has launched an investigation into the transaction, according to The Wall Street Journal.
Investment manager Donald Netter, who has battled First Trust High Income Long/Short Fund (FSD) for years, is urging shareholders to fire the investment adviser at this year's annual meeting, saying its returns are too low and fees too high.
Would you like to monitor what cannabis is selling for in Canada? Well, for a price, Nasdaq Stock Market (NASDAQ: NDAQ) can now help you do just that. Cannabis Benchmarks, a unit of a privately held company called New Leaf Data Services, announced Friday morning that its three i
Bundesliga pacesetters Bayern Munich twice squandered the lead and needed an 88th minute winner from Robert Lewandowski to beat bottom club Paderborn 3-2 in a thrilling game on Friday.
Shares of IT consulting specialist Globant (NYSE: GLOB) raced higher by 5% in Friday afternoon trading following the release of the company's fourth-quarter 2019 earnings report. Globant has enjoyed a stellar ascent in the markets recently as its stock has appreciated 94% over t
The coronavirus outbreak is showing no signs of dying down. In fact, the number of new cases being reported from outside mainland China has started to increase. South Korea and Japan have confirmed a spike in the number of confirmed coronavirus cases. Globally, the Covid-19 has