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Close Update: Wall Street Holds on to Gains as Comey Testimony Nerves Ease

Wall Street headed higher on Wednesday snapping two days of declines on cautious gains in financial shares that helped markets overlook a plunge in oil prices which weighed on the energy sector Wall Street headed higher on Wednesday snapping two days of declines on cautious gains...
Posted On 08 Jun 2017

JetBlue Airways Provides More Details of Its Potential Transatlantic Offering

In the past year or so JetBlue Airways NASDAQ JBLU has started to talk seriously about expanding into Europe using Airbus NASDAQOTH EADSY new A321LR It still hasn t committed to doing so but JetBlue does seem to be moving in that direction This week JetBlue CEO Source
Posted On 08 Jun 2017

Why Netflixs CEO Compares His Company to Starbucks

When someone talks about Netflix NASDAQ NFLX you might hear it compared with Amazon com NASDAQ AMZN or Hulu or cable But it d be a big surprise to hear Netflix and Starbucks NASDAQ SBUX in the same sentence Unless the sentence is I was watching Netflix Source
Posted On 08 Jun 2017

Why Hawaiian Holdings, MBIA, and bluebird bio Jumped Today

The stock market regained some ground on Wednesday as major benchmarks eased higher to make up for losses earlier in the week Market participants kept their eyes on Washington where written remarks from former FBI Director James Comey ahead of his hearing tomorrow drew plenty Source
Posted On 08 Jun 2017

Why Star Bulk Carriers Stock Sank 18% in May

What happened Shares of dry bulk shipper Star Bulk Carriers NASDAQ SBLK sank 17 9 in the month of May So what Star Bulk Carriers reported its fiscal first quarter 2017 earnings last month The news wasn t great but you can t really put all of the blame for Source
Posted On 08 Jun 2017

Top Market News: What Happened In Investing Today

By SA Editor Mike Taylor CFA BySA Editor Mike Taylor CFA Snap Story Not Getting Better Today Snap Story Not Getting Better TodaySnap Story Not Getting Better Today Wikipedia WikipediaWikipedia An analyst at Nomura Instinet believes user numbers Source
Posted On 08 Jun 2017

Why bluebird bio Inc. Flew Higher Again Today

What happened bluebird bio NASDAQ BLUE closed up 11 2 on Wednesday continuing its three day run following the presentation at the American Society of Clinical Oncology ASCO 160 meeting on Monday Positive comments from J P Morgan biotech analyst Cory Kasimoc could Source
Posted On 08 Jun 2017

The Not-So-Subtle Reason Behind Valeant Pharmaceuticals 30% Rise in May

What happened Shares of Valeant Pharmaceuticals NYSE VRX an embattled drugmaker known for growing by acquisition and raising prices on mature therapies exploded 30 higher in May according to data from S amp P Global Market Intelligence The reason for the surge Source
Posted On 08 Jun 2017

Heres Why Pandora (P) Stock Tanked Today

Shares of Pandora P fell 6 97 in Wednesday afternoon trading as the streaming music service company s timeline to sell nears its closing date Thursday marks a self imposed deadline for the struggling company to sell its business within a 30 day window which based on reports last...
Posted On 08 Jun 2017

The Best Way to Invest in Ecommerce

New York There has been a lot of coverage of ecommerce this year Most of it has been focused on two things Amazon s meteoric rise and how it is forcing conventional brick and mortar retailers to close shop However the best way to play ecommerce may not be to buy into Source
Posted On 07 Jun 2017