The United States dropped a 21,600-pound Massive Ordnance Air Blast bomb on ISIS targets in Afghanistan. The attack is the first time the U.S. has used the so-called “Mother of all Bombs” in combat, and news of the bombing came just days after President Donald Trump authorized bombing targeted Syrian bases in response to the…
Despite the recent drama in Washington over President Donald Trump withholding critical cost-sharing reduction payments from insurance companies, Height Securities remains optimistic that there will be no major disruptions in the healthcare market.
A number of stocks delivered huge gains in the weeks following the 2016 election on the hope that President Donald Trump’s policies would create major earnings tailwinds for certain sectors of the economy. Among the biggest post-election winners was United States Steel Corporation X 0.42%.
With the launch of the 10th anniversary iPhone 8 just months away, Apple Inc. AAPL 0.36% investors are anticipating the integration of new augmented reality technology into the landmark iPhone device. While the next step in AR will likely be integration with smart phones, Loup Ventures analyst Andrew Murphy expects augmented and virtual reality will…
Ocwen Financial Corp OCN 7.33% shares are down another 4.0 percent in early Friday trading after plummeting more than 50 percent on Thursday. More than 20 states issued cease-and-desist orders against the company related to alleged mismanagement of escrow accounts and the company’s poor financial state, and the Consumer Financial Protection Bureau has filed a…
Much of the U.S. retail sector is struggling to compete with Amazon.com, Inc. AMZN 0.37% and other e-commerce competition in the digital age. With the U.S. unemployment rate at its lowest level in a decade, the U.S. retail sector lost 61,000 jobs in the past two months alone.
Alan Brochstein, also known as the 420 Investor, joined Benzinga’s PreMarket Prep to discuss some of the top marijuana stocks.
Ocwen Financial Corp OCN 7.33% shares crashed 50 percent Thursday after more than 20 states issued cease-and-desist orders against the company related to alleged mismanagement of escrow accounts and the company’s poor financial standing.
America’s self-medication preferences may be making a major long-term shift. In celebration of 4/20, Cowen analyst Vivien Azer took a look at what could be a coming cyclical upswing for marijuana and a cyclical downswing for alcohol. According to Azer, what’s good for the marijuana business is bad for the alcohol business.
The Financial Select Sector SPDR Fund XLF 0.17% is up 1.28 percent on Thursday after the House of Representatives unveiled a proposed Dodd-Frank Act replacement bill called the Financial Choice Act. The Dodd-Frank Act was passed in 2010 and intended to increase federal oversight of the U.S. financial sector after its irresponsible behavior resulted in…