(RTTNews) - A few major economic announcements are expected this week. The Labor Department's monthly jobs report, Consumer Confidence, Pending Home Sales, Personal Income and Spending and Manufacturing Activity report are the important announcements that might attract investor
(RTTNews) - AbbVie (ABBV) announced the U.S. FDA has granted Orphan Drug and Fast Track designations for elezanumab, an investigational treatment for patients following spinal cord injury. Elezanumab is a monoclonal antibody RGMa inhibitor being investigated to treat spinal cord
Outside of workplace retirement accounts, a Roth IRA is one of the most popular places to stash your retirement savings. Its benefits are many: Most people can open one with any bank or brokerage they want, you get tax-free withdrawals in retirement, and the government won't for
As of late, it has definitely been a great time to be an investor in NIO Limited NIO. The stock has moved higher by 18.5% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the st
Ratings of Fulton Financial Corporation FULT and its bank subsidiary, Fulton Bank, National Association, have been affirmed by Moody's Investors Service. Outlook for the company remains stable.Fulton Financial’s long-term senior unsecured and subordinated debt ratings have rem
(RTTNews) - Thor Industries, Inc. (THO) reported Monday net income for the second quarter of $119.2 million or $2.14 per share, up from $92.1 million or $1.67 per share in the prior-year quarter.
Being young certainly has its advantages, not least of which is the miracle of compound interest, which Albert Einstein purportedly called the "eighth wonder of the world." Even better than compound interest? The internal compounding of leading growth companies. By buying a top
(RTTNews) - MobileIron (MOBL) has entered into an agreement with Ivanti, under which Ivanti will acquire all outstanding shares of MobileIron common stock for a total value of approximately $872 million in cash. MobileIron stockholders will receive $7.05 in cash per share. The c
Today's stock market is drawing a lot of comparisons to the dot-com bubble popping at the turn of the century. Some similarities exist between today's elevated Nasdaq-earnings multiple and the events causing the bubble to pop.
LONDON/HONG KONG (Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
(RTTNews) - Chinese media company SINA Corp. (SINA) announced Monday that it has agreed yo a going private deal with New Wave Holdings Ltd., pursuant to which New Wave will acquire all of SINA's outstanding ordinary shares, not currently owned by it, in an all-cash transaction i
For more than 50 years, Warren Buffett has been the mastermind responsible for Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) incredible gains. Since 1965, Berkshire has delivered an annual average return of 20.3%, which is more than double the 10% compound annual return for th
(RTTNews) - European stocks rose the most in two weeks on Monday as a late Wall Street rally on Friday coupled with strong industrial profits data from China helped offset rising tensions between Beijing and Washington.
Investing in 2020 has been challenging, to say the least. Wall Street has arguably been taken on its wildest ride in history, with the widely followed S&P 500 losing 34% of its value in under five weeks, then regaining all that was lost in less than five months. The steepnes
(RTTNews) - Weibo Corp. (WB) reported second quarter non-GAAP net income per share of $0.50, compared to $0.68, last year. On average, 11 analysts polled by Thomson Reuters expected the company to report profit per share of $0.46, for the quarter. Analysts' estimates typically e