Quick-serve restaurant stocks have been on a tear in recent months, climbing an average of 10 percent since the end of March. However, Bank of America analyst Gregory Francfort says investors should still have plenty of appetite for McDonald’s Corporation (NYSE: MCD) stock.
FIS Astec Analytics has released its latest weekly list of the most popular stocks among short sellers.
The initial reaction from Wall Street analysts following Gilead Sciences, Inc. GILD 0.09%’s nearly $12 billion buyout of Kite Pharma Inc KITE 0.3% was mostly bullish, although price targets and ratings on Gilead are a mixed bag on Wall Street. However, this week’s trading action suggests the market has made up its mind about the deal and has given its seal of…
Hurricane Harvey has triggered a unique phenomenon in the U.S. oil and gas industry. Since the devastating flooding in South Texas and Louisiana has disrupted far more crude oil refining capacity in the region than production capacity, the net result of the storm has been less crude oil being refined and less gasoline being produced.
The growing list of cyryptocurrencies added yet another name this week as Restaurant Brands International Inc QSR 0.24%’s Burger King launched its new WhopperCoin currency at its Russia locations. The company said it plans to have Apple Inc. AAPL 1.01% and Android WhopperCoin apps available within the next month. Burger King diners can amass one coin for every Whopper sandwich…
The Nevada state gaming control board on Wednesday released its report on gaming revenue for the Las Vegas area in the month of July.
Fiber-optic networking company Applied Optoelectronics Inc AAOI 1.8% has been on a rollercoaster ride in recent months. As of late July, the stock was up nearly 500 percent year-to-date before shaving off more than a third of its market cap in the past month.
Best Buy Co Inc BBY 0.39% shares slumped 12 percent Tuesday after the company reported second-quarter earnings that handily topped consensus estimates.
After attending the recent Hot Chips 2017 conference, Credit Suisse analyst John Pitzer has named Credit Suisse’s hottest chip stocks to own: Micron Technology, Inc. MU 0.2% and Xilinx, Inc. XLNX 0.72%. According to Pitzer, all the key long-term semiconductor drivers are still in place, and there are huge growth opportunities for investors.
Less than a week after predicting JA Solar Holdings Co., Ltd. (ADR) JASO 4.48% would report its first earnings loss in four years in third quarter, Axiom analyst Gordon Johnson added JA Solar to his list of solar stock short ideas. In a new note to clients Tuesday, Johnson downgraded JA Solar to Sell and reiterated his belief that the recent…