Investing
I’m partial to small and mid-sized stocks, and I especially like the size that’s right on the border between them. “Large” in the stock market these days means $10 billion or more in market value, by my classification. Mid-sized stocks are $1 billion to $10 billion, and small stocks are…
Oil futures settled higher Thursday, shaking off earlier losses on the back of a U.S. agreement to ease sanctions on Venezuela, as traders remained concerned over a potential expansion of war in the Middle East, which could disrupt the global energy market. Prices had spent part of the session moving…
The hardest part of convincing folks they can lock in high dividends for the long haul (I’m talking 9%+ yields here) is that many just don’t believe it. And frankly, I can’t blame them. Too many people are paid a lot of money to tell investors that yields like that…
Fuel prices, with the cost of gasoline and diesel at the pump both down from a month ago, don’t appear to be fazed by the escalating risks to oil supplies in the Middle East from the Israel-Hamas war, but they are.The decline in fuel prices seen nationally is actually a…
Key News Asian equities were largely higher, with India closed for Dussehra, a major Hindu festival. Globally, market sentiment is clearly risk-off with the US dollar strengthening despite the US Treasury Yield backing off from 5%. Foxconn’s visit by Chinese tax authorities dominated the airwaves yesterday. Is Apple’s AAPL main…
By Ben Glickman Bausch Health Cos. has received approval from the Food and Drug Administration for Cabtreo, its topical gel for acne. The Laval, Quebec-based pharmaceutical company said the treatment, which combines clindamycin phosphate, adapalene and benzoyl peroxide, is expected to become available in the first quarter of 2024. The…
9 new stocks made the Most Attractive list this month, while 6 new stocks joined the Most Dangerous list. September Performance Recap The Most Attractive Stocks (-1.3%) outperformed the S&P 500 (-3.7%) last month by 2.4%. The best performing large cap stock gained 9% and the best performing small cap…
By Ben Glickman Shares of Akumin rose Friday after the company said it had agreed to be taken private by private-equity firm Stonepeak. The stock was up 41% to 21 cents in after-hours trading, following a 0.4% rise at Friday’s close. Shares are down 80% this year. The Plantation, Fla.-based…
Halloween is a time for getting together, carving pumpkins, dressing up, and telling scary stories. This spooky season, let’s discuss some scary facts about money today and how you can avoid becoming a statistic yourself. 1. People Can’t Afford Emergencies According to a 2022 Consumer Bureau of Financial Protection study,…
By Stephen Nakrosis SCWorx said on Friday it entered into a letter of intent to acquire American Energy Partners, an environmental services company headquartered in Pennsylvania. The deal will be considered a “reverse merger” and will see SCWorx shareholders retaining 17% and American Environmental receiving 83% of the combined company.…