The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Halliburton. Karen Finerman was a buyer of Bank of America. Dan Nathan was a seller of Boeing. Guy Adami was a buyer of Thermo Fisher Scientific. Trader disclosure: On September 5, 2017, the following stocks and commodities […]
Read moreCurrency, United States Finance
Euro strength makes Europe a buying opportunity for investors, Barclays says
A recent correction in European stocks due to the strength of the euro is a buying opportunity for investors, according to a new report from Barclays. The research states that the 5 percent decline in European stocks driven by the 10 percent appreciation in the euro may appear justified. The pan-European Stoxx 600 hit a […]
Read moreShares of Newell Brands are down more than 6 percent in pre-market trading Wednesday after the company said Hurricane Harvey threw off its manufacturing supply chain in Louisiana and Texas. The maker of household goods such as Rubbermaid storage containers and Coleman grills released a statement saying continued shutdowns of “nearly all of Newell Brands’ […]
Read moreAlphabet‘s Verily wants to be at the center of the medical start-up ecosystem, both literally and figuratively. The company, formerly known as Google Life Sciences, is now offering entrepreneurs access to its South San Francisco-based lab space, office space, talent and other resources in exchange for equity or cash. “We want to have cutting-edge tech […]
Read moreAn analyst at a small research firm is reiterating his negative call for Facebook shares alleging the company may be overstating its ad reach for certain age demographics here in the U.S. and other countries. Pivotal Research reaffirmed its sell rating on the social media giant, also predicting its profitability will decline as it transitions […]
Read moreShares of Sarepta Therapeutics soared about 15 percent in premarket trading on Wednesday after the company reported positive results from a clinical trial of an experimental medicine for Duchenne muscular dystrophy. The drug would be Sarepta’s second to treat the rare, genetic disease, which causes muscle wasting and can be fatal before patients turn 30. […]
Read moreStart-ups typically flock to Silicon Valley to cozy up to venture investors and tap into local tech talent. But Guild Education, which was founded in 2015 at Stanford University, fled San Francisco as soon as its founders realized the cost of living and hiring there could hamper the company’s growth. “We have a lot of […]
Read moreChina’s banning of initial coin offerings for new digital currencies may stop scams and improve the market but these ICOs are very much here to stay, industry experts told CNBC. ICOs allow organizations to raise investment by selling new cryptocurrencies, similar to bitcoin, in return for cash or other established digital currencies. However, the People’s […]
Read moreApple is using pop-up alerts to tease new features coming to the iPhone and iPad. The company began rolling out new “tips” pop-ups on Tuesday. Users may have started to see the alerts appear on iPhones and iPads that look like the image above. The tips show users some of the new features that are […]
Read moreHouston area residents picked up the pace of their recovery from Hurricane Harvey on Tuesday, jamming roads as they returned to offices and schools to help get the nation’s fourth largest city and its vital shipping and oil industries back on track. The region is getting a boost from Mexico, which sent volunteers to shelters […]
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