General Electric Company GE 0.22%’s 50-percent dividend cut may not have completely blindsided Wall Street, but it has certainly triggered intense selling pressure on Monday. After opening down just about 30 cents below Friday’s close, the GE dump quickly began as dividend investors seem to be moving on to greener pastures.
Nektar Therapeutics NKTR 5.71% shares are soaring Monday to new 15-year highs after the company reported more positive data on its therapeutic cancer treatment candidate NKTR-214.
The last time Federal National Mortgage Association FNMA 1.82% and Federal Home Loan Mortgage Corp FMCC 1.14% received a bailout, the U.S. economy was in an entirely different place. But with unemployment at a 16-year low and the economy seemingly firing on all cylinders, Fannie Mae and Freddie Mac may once again need to dip into the Treasury’s pockets.
The price of bitcoin bounced back aggressively Monday morning after tanking more than 15 percent on Saturday.
Alibaba Group Holding Ltd. BABA 0.71% has its biggest weekend of the year: Singles Day. While American shoppers are gearing up for Black Friday and Cyber Monday, Chinese shoppers, particularly younger, single shoppers, are celebrating the Chinese version of an anti-Valentine’s Day by snatching up huge deals on Alibaba’s e-commerce platform.
With unemployment at its lowest level in 16 years, wages drifting steadily higher and inflation still less than 2 percent, the U.S. economy may be at its strongest point in decades. But the robust economy is creating a new problem for many Americans who must decide what to do with extra earnings at the end of every…
Any American saving and investing for retirement is on the right track in principle by preparing for the future. But just because a retirement investment plan starts off in the right direction doesn’t mean it will end up at the intended destination. There are a number of mistakes, oversights and changes in circumstance that can…
For more than eight years now, the U.S. stock market has climbed higher without any major interruption. Investing during bull markets can be easy money for diversified investors. But long-term investors need to be prepared for the inevitable end of the bull market and make sure they are not caught off guard when the Wall Street…
The analyst team at Oppenheimer has just released its monthly list of top stocks to own for the next 12 months. With the Standard & Poors 500 index surging another 2.2 percent in the past month to new all-time highs, investors concerned about steep stock valuations are looking to be as selective as possible. Each…
A pricing war between Netflix, Inc. (Nasdaq: NFLX) and Walt Disney Co. (DIS) is in the works.