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Alnylam Gets Some Welcome News

The FDA has agreed to allow Alnylam NASDAQ ALNY and Sanofi NYSE SNY to resume trials of their hemophilia therapy fitusiran Previously these companies had to halt their fitusiran studies after a patient who had advanced into an extension study died because of a Source
Posted On 16 Dec 2017

Tax Vote, Bitcoin, Nike, Micron, Red Hat: Investing Action Plan

Here s your weekly Investing Action Plan what you need to know as an investor for the coming week ibd display video id 3025730 width 50 float left autostart true Tax cuts that could deliver a massive investor windfall via dividend increases and share buybacks could be signed Source
Posted On 16 Dec 2017

5 Solid Steel Stocks that Thumped the SP 500 in 2017

The steel industry staged a recovery this year after being out of favor for long The highly cyclical industry enjoyed a good run in 2017 notwithstanding a few lingering challenges 160 160 160 The steel industry has outperformed the broader market S amp P 500 year to date Source
Posted On 16 Dec 2017

Is Qualcomms Grip on NXP Semiconductors Getting Any Tighter?

Chip giant Qualcomm NASDAQ QCOM has updated its tender offer for every share of automotive computing expert NXP Semiconductors NASDAQ NXPI again The number of shares committed to Qualcomm s 110 all cash offer per NXP share saw a slight recovery in October after Source
Posted On 16 Dec 2017

Wall Street Surges to Record Highs as GOP Tax Bill Holdouts Offer Support

Wall Street surged on Friday with all three benchmarks poised to hit new record highs amid investors optimism a tax reform package will get enough votes from lawmakers to pass and be presented before the end of the year to President Donald Trump Wall Street surged on Friday with...
Posted On 16 Dec 2017

Unilevers Buyout of Schmidts Naturals to Bolster Portfolio

Progressing with expansion of natural products portfolio Unilever Plc UL inked a deal to buy Schmidt s Naturals Headquartered in Oregon Schmidt s specializes in personal care products such as deodorants toothpaste and bar soaps Management expects Schmidt s brands to compliment...
Posted On 16 Dec 2017

Update: Friday Rally Pushes Canadas TSX 27 Points Higher, Paced by Financials and Materials

Canada s main stock market rallied Friday recovering from Thursday s triple digit losses The S amp P TSX Composite Index added 27 points or 0 2 to close at 16 043 today U S markets posted even better results particularly the Nasdaq up more than 1 On Wednesday the TSX reached a...
Posted On 16 Dec 2017

Close Update: Wall Street Surges to Record Highs as GOP Tax Bill Holdouts Offer Support

Wall Street surged on Friday with all three benchmarks hitting new record highs amid investors optimism a tax reform package will get enough votes from lawmakers to pass and be presented before the end of the year to President Donald Trump Wall Street surged on Friday with all...
Posted On 16 Dec 2017

Forget Fed, Special Dividends Pouring in from REITs

Investors in the REIT space need not be disappointed by the FOMC meeting outcome and rate hike moves This is because a number of REITs like Host Hotels amp Resorts HST Piedmont Office Realty Trust PDM and Weingarten Realty Investors WRI have announced their special dividends...
Posted On 16 Dec 2017

Stocks Close Lower; Oracle Falls After Earnings

Stocks fell broadly Thursday but while percentage losses were moderate the small cap Russell 2000 took a heavy blow ibd display video id 3023531 width 50 float left autostart true Indexes closed near session lows The Nasdaq composite was off 0 3 extending a weeklong pattern Source
Posted On 15 Dec 2017