The bear market club has won over another long-time bull. According to his InvesTech newsletter, Jim Stack, president of Stack Financial management, who has been a firm stock market bull since 2009, warns investors that we are currently in a bear market that likely has significant downside remaining.
After attending this year’s MAGIC apparel trade show, Buckingham Research Group analyst David Glick released a new report that includes his key takeaways from the conference.
Media stocks have been hit hard by selling pressure in the past year, but Deutsche Bank analyst Bryan Kraft sees the dip as a buying opportunity for selective media investors. In a new report, Kraft adjusts Deutsche Bank’s price targets on several top media stocks and reveals which names are the firm’s top picks for…
Benzinga Fintech Award nominee Call Levels has announced pre-Series A funding from Indonesian conglomerate Lippo Group. The undisclosed amount from Lippo comes on the heels of $500,000 pre-Series A fundraising received from Silicon Valley’s 500 Startups in November, as well as investments from angels Timothy Teo and Koh Boon Hwee.
This week, Canadian Pacific Railway Limited (USA) CP 0.08% announced its intention to file a request with the Surface Transportation Board (STB) asking for a declaratory order with respect to its proposed voting trust structure in its pursuit of a Norfolk Southern Corp. NSC 0.37% merger.
Credit Suisse analyst Kenneth Wong warned Macau casino operator investors not to let the Chinese economic weakness blind them to recent data showing improvement in the Macau gaming business. According to Wong, there are several trends now indicating that a Macau turnaround has already begun.
Equity markets tend to overreact to the potential for major political policy changes, but a new report by UBS analyst Steven Milunovich indicates that some of the biggest U.S. companies could be facing a real possibility of major tax bills if a Republican is elected president in 2016.
Tesla Motors Inc TSLA 4.71% has officially expanded its Powerwall battery shipment to Australia. Powerwall residential systems will soon be available to Australian residents via dealers including CSR Bradford, Origin Energy, Simply Energy, SunEdison Australia and Natural Solar.
Apple Inc. AAPL 0.69% shareholders have had a rough go of it lately, with the stock is now down 16.4 percent in the past six months. This week, news broke that one of Apple’s largest shareholders, billionaire activist investor Carl Icahn, has reduced his stake in the company by 13 percent.
There’s no question it has been a rough few months for biotech investors. In a new report, RBC Capital Markets analyst Michael Yee looked at whether the biotech sector has endured similar selloffs in the past.