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Mid-Afternoon Market Update: Sears Tumbles After Bruce Berkowitz Resigns From Board; Exelixis Shares Surge

Toward the end of trading Monday the Dow traded up 0 25 percent to 22 929 55 while the NASDAQ climbed 0 14 percent to 6 615 28 The S amp P also rose gaining 0 11 percent to 2 555 89 Leading and Lagging Sectors Monday afternoon the energy shares surged 0 54 percent Meanwhile Source
Posted On 17 Oct 2017

Trump Likely To Sign Executive Order On Drug Pricing Any Day

Biotech stocks collectively inched down Monday after President Donald Trump reiterated his concerns that U S drug prices are out of control during a Cabinet meeting according to a number of reports ibd display video id 2368152 width 50 float left autostart true The president Source
Posted On 17 Oct 2017

German Auto Giant Plans This Radical Move Amid Tesla, Tech Challenges

Daimler AG DDAIF plans to consolidate its five main business units into three separate and independent companies as global automakers confront massive changes to the regulatory landscape as well as emerging threats from Tesla TSLA and other Silicon Valley Source
Posted On 17 Oct 2017

How To Find Great Stocks: Why Some Cup Base Patterns Dont Form A Handle

Even the biggest stock market winners have to catch their breath at some point So one of the most common shapes etched during constructive price pullbacks is the cup with handle pattern But sometimes a dynamic moneymaker is in too much of a hurry to form a handle before Source
Posted On 17 Oct 2017

10 Common Investing Questions Answered

By Kevin Simpson A July 2016 Bankrate  report  revealed that as many as 54 million Americans were more concerned with stocking up cash than building any investment that they did not need for 10 years or longer. Having an emergency fund is desirable and offers peace of mind for...
Posted On 17 Oct 2017

Income, Not Age, Should Determine Your Retirement Date

If I could pass on just one key rule for people pondering their retirement date it would be this If I could pass on just one key rule for people pondering their retirement date it would be this SEE ALSO 7 Places to Find Income Once You Retire SEE ALSO 7 Places to Find Income Once...
Posted On 17 Oct 2017

Exclusive: T-Mobile, Sprint plan merger without selling assets

(Reuters) – T-Mobile U.S. Inc and Sprint Corp plan to announce a merger agreement without any immediate asset sales, as they seek to preserve as much of their spectrum holdings and cost synergies as they can before regulators ask for concessions, according to people...
Posted On 17 Oct 2017

North Korea likely behind Taiwan SWIFT cyber heist: BAE

TORONTO (Reuters) – Cyber-security firm BAE Systems Plc said on Monday it believes the North Korean Lazarus hacking group is likely responsible for a recent cyber heist in Taiwan, the latest in a string of hacks targeting the global SWIFT messaging system. Source
Posted On 17 Oct 2017

U.S. buyers favor iPhone 7 over 8: research

(Reuters) – Apple Inc’s older iPhone 7 models are outselling the recently launched iPhone 8 ahead of the early November debut of the premium iPhone X, broker KeyBanc Capital Markets said, citing carrier store surveys. Source
Posted On 17 Oct 2017

Battery startup taps carbon in race to replace lithium-ion cells

DETROIT (Reuters) – In an auto industry race to develop electric vehicle batteries that charge faster and are cheaper and safer than lithium-ion cells, startup Zap&Go will do all that with its carbon-ion alternative ‘within a few years’, a company executive...
Posted On 17 Oct 2017