Cannabinoid drug developer GW Pharmaceuticals PLC- ADR GWPH 2.65% is ending an eventful 2016 on a high note. Shares were surging higher by 6.6 percent on Monday following new drug data out over the weekend and a strong fiscal Q4 earnings report out Monday.
President-elect Donald Trump ramped up his anti-China rhetoric over the weekend in a series of tweets attacking China’s currency devaluation and import taxes. Trump again pledged to penalize any U.S. company that opts to move operations outside the U.S.
Shares of Insulet Corporation PODD 0.21% are down 22.7 percent in the past three months in the face of increasing competition and repeated attacks by SkyTides.
The long, dramatic saga involving the controversial Dakota Access pipeline took another turn over the weekend. On Sunday, the U.S. Army Corps of Engineers halted work on the line and announced it will look for an alternate construction route.
This week, shares of Federal National Mortgage Assctn Fnni Me FNMA 3.76% and Federal Home Loan Mortgage CorpFMCC 3.72% spiked more than 50 percent following comments by President-elect Donald Trump’s newly-appointed Treasury Secretary Steven Mnuchin.
After a historic short squeeze sent shares of DryShips Inc. DRYS 5.37% stock soaring from around $4 to above $100 and back again within a matter of days in November, most traders probably assumed the DryShips trading opportunity had sailed. However, recent insider buying suggests there may be more long-term upside to the battered stock…
Today marks the 15-year anniversary of one of the most infamous days in Wall Street history. On December 2, 2001, Enron officially declared bankruptcy. Only one year earlier, the company reported $111 billion in revenue.
After agreeing to cover Sarepta Therapeutics Inc SRPT 5.31%’s controversial Duchenne muscular dystrophy drug Exondys 51, insurer Aetna Inc AET 0.3% has released a new clinical policy bulletin describing the conditions under which it deems the drug medically necessary.
The OPEC deal may have finally marked a buying opportunity in oilfield service stocks after a multi-year slump in the global oil market. Bernstein analyst Colin Davies now has a positive outlook for North American oil field services stocks and has initiated coverage on nine of the biggest names in the space. According to Davies,…
SkyTides on Friday continued its assault Friday on Insulet Corporation PODD 0.21% by releasing yet another report containing allegations of deceptive behavior within the company. The new report focuses on information that Insulet’s president Shacey Petrovic supplied to shareholders.