Disappointing $1 Billion Unilever Bid Highlights Honest Co.’s Product Concerns
Unilever plc (ADR) UL 2.4% is reportedly in talks to acquire actress Jessica Alba’s consumer products retail company Honest Co.
CLSA Analysts Bullish On Macau, But See ‘Better Entry Points’ Ahead
Macau gaming investors got some long-awaited good news at the end of August when the city logged its first positive year-over-year (Y/Y) monthly gaming revenue growth in more than two years. The surprise number triggered a handful of upgrades for Macau gaming stocks, but CLSA analyst Jon Oh urges investors to be realistic about the…
The Biggest Pharma Stock Blowups Of 2016
Novavax, Inc. NVAX 10.82%’s massive 84.5 percent Friday blowup was certainly a shock for biotech investors. However, in an industry where a company’s fate can lie primarily in a single drug candidate, blowups like Novavax’s happen all too frequently. Here’s a look at five of the biggest one-day biotech blow-ups of 2016.
The Most Annoying Thing About XLF’s Real Estate Spinoff
The Financial Select Sector SPDR Fund XLF 0.21% is a bit leaner on Monday following a transfer of its real estate assets into the Real Estate Select Sector SPDR Fund (The) XLRE 1.97%. Back in June, the S&P Dow Jones Indices (SPDJI) announced that the XLF’s benchmark, the Financial Select Sector Index, will no longer…
The Search For Silver Linings In The Cloud Of Negative Novavax News
It’s hard to find a silver lining following news that sends a stock crashing 84.5 percent in one day. However, following devastating news that the Phase III RESOLVE trial of its RSV vaccine failed to deliver the desired results, Novavax, Inc. NVAX 10.82% shareholders are looking for any reason to stay positive on the decimated…
Twitter’s NFL Streaming Debut Draws Positive Social Media Reviews
Twitter Inc TWTR 0.76% debuted its free live stream of Thursday Night Football’s NFL games last week. The latest data from TickerTagsindicate that the stream was a big hit among sports fans.
How Do Venture Capitalists Choose Which Startups To Fund?
The most critical aspect of any successful startup is funding. Venture capital (VC) funds are one of the best sources of funding for startups that are lucky enough to woo them.
A Mixed Quarter For Oracle, But Cloud Business Improving
Oracle Corporation ORCL 0.41% didn’t deliver the type of blowout numbers shareholders were hoping for in the most recent quarter, but the company did give investors plenty of reasons for optimism. According to Barclays analyst Raimo Lenschow, Oracle’s cloud services segment was a particularly bright spot.
The Federal Reserve’s Stress Tests May Be Illegal
A new paper by the nonprofit Committee on Capital Markets Regulation (CCMR) suggests that banks subject to the Federal Reserve’s annual stress tests and CCAR could have grounds for a lawsuit against the government. The CCMR includes senior management representatives from JPMorgan Chase & Co. JPM 0.41%, Citigroup Inc C 0.11%,Goldman Sachs Group Inc GS…
Shorter iPhone 7 Lines Send Mixed Signals About Market Enthusiasm
Apple Inc. AAPL 0.01% doesn’t report official iPhone presale numbers. In the meantime, traders are looking wherever they can for signs of how popular the new iPhone 7 and 7 Plus will be among customers.