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Market News

Can Generac Hold Its Charge After Harvey And Irma?

Hurricane Harvey has dissipated, but one of the most popular hurricane stocks continued its bullish momentum on Tuesday.

September 24, 2017 in Market News.

What Analysts Expect From The United Technologies-Rockwell Collins Merger

United Technologies Corporation UTX 0.45% officially announced its long-rumored $30 billion buyout of Rockwell Collins, Inc. COL 0.07%. United will pay $93.33 in cash and $46.67 in United stock, a combined takeout price of $140 per share.

September 24, 2017 in Market News.

Citi Digs Up A Neutral Rating For Kinross Gold

Gold prices have crept higher in recent weeks as investors grow concerned about elevated geopolitical tensions. However, according to Citi analyst Alexander Hacking, gold investors should keep expectations in check.

September 24, 2017 in Market News.

Predicting A Price Surge, Bank Of America Upgrades U.S. Steel

U.S. steel stocks have lagged the market so far in 2017, but the groundwork may be set for a strong finish to 2017. On Tuesday, Bank of America analyst Timna Tanners upgraded United States Steel Corporation (NYSE: X) to Buy and said steel prices are headed higher in the second half of the year.

September 24, 2017 in Market News.

WWE’s Labor Day Announcement: We’re Working On Christmas And New Year’s

Instead of spending Christmas and New Year’s Day with in-laws this year, wrestling fans will have the chance to spend both holidays with John Cena, Roman Reigns and all their favorite World Wrestling Entertainment, Inc. WWE 0.44% performers. On Monday, WWE announced it will be broadcasting live episodes of Raw on both Christmas and New Year’s Day this year.

September 24, 2017 in Market News.

1 In 4 US Households Is Financially Supporting An Adult Resident

A recent survey from Raymond James found that a surprising number of American households are supporting more than just children. In July, Raymond James conducted a survey of 1,000 American adults between the ages of 45 and 64 and found that more than one out of four American households is financially supporting ether en elderly parent or…

September 24, 2017 in Market News.

Mayweather-McGregor Fight Most Pirated Live Event Ever?

There’s no question that CBS Corporation CBS 0.75% took in plenty of revenue from its live Showtime broadcast of the Floyd Mayweather/Conor McGregor fight on Aug. 26. However, a new report from Barclays analyst Kannan Venkateshwar suggests CBS could have made even more money than it did.

September 24, 2017 in Market News.

Cryptocurrency Investors In A Pinch For Cash Need Look No Further Than The Nearest Bitcoin ATM

Many cryptocurrency investors see long-term value and opportunity in deregulated, inflation-free digital currencies. But outside of being long-term investments bitcoin, Ethereum and other digital currencies are actual currencies as well.

September 24, 2017 in Market News.

BMO Says RV Stocks Aren’t The Way To Play Hurricane Harvey

There have been plenty of stocks on the move this week in the aftermath of Hurricane Harvey. However, BMO Capital Markets says investors should think twice about buying RV stocks as a Harvey trade.

September 24, 2017 in Market News.

How Has Apple’s Stock Traded On Each Major iPhone Release Day?

On Thursday, Apple Inc. AAPL 0.98% officially announced the launch date for its highly anticipated 10-year anniversary iPhone 8. Apple will be holding a launch event on Sept. 12 for the big reveal.

September 24, 2017 in Market News.

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