If you can’t find Intel’s Joule developer boards in your country, it’s because shipments have been held up. Intel’s Joule 570x and 550x are powerful computer boards that can be built as a PC, or be used to build robots, drones, or smart devices.
Month: January 2017
Why Shares of Acacia Communications Dropped Today
Acacia sounded a confident tone during the presentation, but investors are no doubt concerned about the company’s growth story. At 3:15 p.m. EST, the stock was down about 11%.
What’s Next For Celgene
The presentation included updates to its financial guidance, and a peek into management’s plans for its drug pipeline. Are Celgene’s best days ahead of it? Over the past five years, Celgene’s sales and earnings per share have grown by a compounded 20% and 25% per year, respectively, and based on management’s updated financial guidance, that double-digit growth isn’t going to end anytime soon.
Tracking Market Momentum with a New Smart Beta ETF
ALPS partnered with Dorsey, Wright & Associates to launch a smart-beta exchange traded fund strategy centered around a momentum style that invests at both the sector and stock level. On Tuesday, ALPS rolled out the ALPS Dorsey Wright Sector Momentum ETF .
Sales Set to Slip at Boston Beer for the First Time in 13 Years: Should Investors Worry?
It’s a worrisome development, because unlike the last time this happened, craft-beer industry growth is slowing, so the brewer can’t count on any broad momentum to help it out of this slump. Back in 2003, Boston Beer’s distributors were still right-sizing their inventory of Samuel Adams Light beer that had just been introduced the year before.
Nasdaq Hits Another Record
The Dow Jones Industrial Average slipped 32 points, or 0.2%, to 19856, after rising within 50 points of the never-before-reached 20000 level earlier in the session. The S&P 500 was flat, and the Nasdaq Composite rose 0.4%, a fresh record.
Mid-Roll Video Ads Could Be Coming to Facebook, Inc.
Publishers will keep 55% of ad revenue, with the remaining 45% going to Facebook. Alphabet ‘s If this report is true, the move would represent a departure from CEO Mark Zuckerberg’s long-standing ban on pre-roll ads, which play at the beginning of a video.
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After the company reported in December that a key late-stage drug had come up short in trials, a sharp sell-off caused Opko Health to finish the fourth quarter down 12.2%, capping a 7.5% loss for the year,according to S&P Global Market Intelligence . Opko Health is run by billionaire CEO Phillip Frost, and until recently, Frost has been very successful at commercializing clinical-stage drugs that he’s purchased for Opko Health at bargain prices.
Here’s How Trump’s Tax Cuts Could Affect U.S., Global Economic Growth
Donald Trump’s vowed tax cuts could goose global economic growth this year and next, the World Bank said Tuesday, fresh fuel for a world struggling with stagnant trade, weak investment and rising policy uncertainty. In its semiannual flagship economic report, the development institution said the global economy should expand by 2.7% this year, down a bit from the 2.8% predicted last June.
Here’s Why Halozyme Therapeutics Fell as Much as 11.1% Today
That’s not all that bad in reality. But it does require some perspective. The revenue range provided will be lower than 2015 and, very likely, 2016 revenue totals.
How Paying Small Businesses Faster Can Boost Jobs
Jean-Noel Barrot is assistant professor of finance at MIT Sloan School of Management. This piece originally appeared at The Conversation .
How Fake News Reinforced My Faith In The First Amendment
Even in an era when conspiracy theories can be shared by millions on Facebook, it’s more important than ever to stand up for free expression. I’ve been asking that question ever since the election, but Nat Hentoff’s death on Saturday really made me grapple with its substance.
John Malone on Netflix’s Reed Hastings: “He Really Broke the Mold With His Success”
The media mogul told Lionsgate’s Investor Day that traditional media distributors were “asleep at the switch” as Netflix built scale to go direct to consumer. Billionaire media baron John Malone, fresh from helping engineer the Lionsgate-Starz merger to compete on the content side against Netflix, on Tuesday praised the video streaming giant’s CEO, Reed Hastings.
Finance Industry Veteran David Clementi Named BBC Chair
The former deputy head of the Bank of England will lead a new unitary board of the U.K. public broadcaster and effectively replace outgoing Rona Fairhead. David Clementi, who drew up a report calling for the current BBC Trust governing body to be abolished, has been picked as the U.K. government’s preferred candidate for the role of chair of the public broadcaster’s new unitary board.
Stocks Add to Gains as Nasdaq Sets Another High
The S&P 500 was up 0.3%, the Dow gained 0.25% to 19,935, and the Nasdaq added 0.5%, trading at an intraday high of 5,559. The Dow has struggled to breach 20,000 in recent days after coming close to the milestone on Friday.
London’s FTSE 100 Marches to Historic Gains, Europe Stocks Broadly Higher
London’s FTSE 100 recorded its longest-ever winning streak and a new record high on Tuesday as miners rallied. London’s FTSE 100 notched its longest run of gains in its 33-year history on Tuesday, to close up 0.60% at a new record of 7,280, while the domestic FTSE 250 index inched toward its own previous record high.
Trump AG Nominee Sessions Says He’ll Recuse Himself From Clinton Probes
Jeff Sessions would recuse himself from any Clinton-related probes as Attorney General, he said at Senate confirmation hearing on Tuesday. Jefferson Beauregard Sessions III, the Republican Senator from Alabama nominated to become U.S. Attorney General, will recuse himself from any Clinton-related probes if he gets the job, he said at Senate confirmation hearing on Tuesday.
Just How Far-fetched Is Alibaba’s Goal to Create One Million Jobs in the U.S.?
U.S. Chamber of Commerce estimates that trade with China already supports over 40 million jobs in the United States. Can Alibaba tack on another million? During a 40-minute meeting with President-elect Donald Trump at Trump Tower on Monday, Alibaba founder and executive chairman Jack Ma pledged to create one million jobs in the U.S. by helping small businesses sell products and services to China.
Good Luck With This One FTC: Craftsman Tries Becoming Competitor to Itself
The deal is unusual because Stanley will lease the brand back to Sears and two different versions of the Craftsman brand will compete against each other. Stanley Black & Decker ‘s plan to acquire the storied Craftsman tool brand from Sears Holdings for up to $900 million will force the Federal Trade Commission to grapple with some novel antitrust questions.
Alibaba Looks to Add Chinese Retailer Intime for $2.6 Billion
The move will help the Chinese e-commerce giant continue to blur the lines between its online and in-person locations. China’s biggest e-commerce retailer, Alibaba , said Monday it is teaming up with Shen Guojun, the founder of Chinese retailer Intime, to acquire the latter company for about HK$19.8 billion .
Yahoo! Set to Thrive Under New Altaba Name Thanks to Alibaba Stake
Yahoo! will rename itself ‘Altaba’ when the $4.8 billion Verizon deal is complete. The stock has benefited from Alibaba’s stunning performance under CEO Jack Ma.
The Clicks Are Beating the Bricks in the Continuing Retail Battle
Despite initial optimism for traditional retailers during the holiday season, ecommerce sales as a percentage of the total rose again. Despite initial optimism for brick-and-mortar retailers going into the holiday season, there was fresh evidence that retail is still in the midst of a digital disruption and transformation.
Williams Partners Has More Going For It Than a Juicy Yield
In this one-year daily chart of WPZ, below, we can see two trends for WPZ in 2016. The first trend is the big rally from the February price low around $14.
Watching for a Rollover in This Real Estate ETF
Anticipating tops rarely works out for traders, but recognizing the potential for rollovers offers a much better risk-reward. Clearly, it isn’t perfect and you’ll have to sacrifice the bragging rights of top ticking a security, but bragging rights don’t pay the bills and tend to get a trader into trouble, so consider this approach well-served on multiple fronts.
Use a Value Momentum Investing Strategy This Year
Before I move on from reviewing 2016, I want to take a look at which models performed best during the year and how those top performers look as 2017 begins. The top performing model last year was made of stocks trading below book value that had high F-scores and high Altman Z-scores.
Agnico Eagle Mines Has Turned Up; Time to Go Long Again
AEM doubled last year when gold bullion advanced around 40%. AEM corrected from its August peak and looks poised for a new advance.
Conservatives really are better looking, research says
Research has found that being attractive influences many things in a person’s life – their salary , their popularity and grades in school, even the prison sentences they receive. So why not their politics? A recently published study in the Journal of Public Economics concludes that the attractiveness of a candidate does correlate with their politics.
Pace of Canadian housing starts rises in December: CMHC
CMHC said housing starts were higher in December on a seasonally adjusted annualized basis, but added that the six-month trend was down. The seasonally adjusted annual rate of housing starts across the country rose to 207,041 units in December, up from 187,273 units in November, Canada Mortgage and Housing Corp. reported Tuesday.
Scaramucci Sees Sale of SkyBridge, Possible White House Post
Anthony Scaramucci, founder of SkyBridge Capital, said he has gotten bids for his firm and may end up working in the White House. “We have gotten a couple of bids, we’re parsing through that now,” Scaramucci told Bloomberg Television on Tuesday.
People on the move: 01/11
Submit professional appointments, management-level promotions and significant awards for individuals , along with photos as a .jpg attachment, via email to peopleonmove@orlandosentinel.com . Geeks and Nerds, a Huntsville, Alabama-based company operating in five states, has established an Orlando location and appointed Jeff Frost , program manager to head the new office.
Top U.S. trade official sounds alarm over protectionist policies
Outgoing U.S. trade ambassador Michael Froman warned Tuesday that America risks ceding its dominance of the global economy if President-elect Donald Trump follows through on promises to slap punitive tariffs on imports and abandon a sweeping trade deal with Asia. In prepared remarks for his final speech as the nation’s top trade negotiator, Froman did not mention Trump by name.
Erosion of “Judeo-Christian ethics” led to the rise of Trump
Al Sikes, a former chairman of the Federal Communications Commission under George H.W. Bush and Assistant Secretary of Commerce under Ronald Reagan, was a Never Trump conservative Republican who said he voted for independent presidential candidate Evan McMullin . Originally from a small town in Missouri, Sikes, 77, joined Salon Talks in a discussion about his book “Culture Leads, Leaders Follow,” The book describes how Sikes is dismayed with cultural leaders who he says appeal to “the lowest common denominator, and when their coarseness is criticized, the companies wrap themselves in the flag of free speech, as if to coarsen society were somehow a patriotic act.”
Gildan Wins Auction to Purchase American Apparel
Apparel maker Gildan Activewear has won the auction to acquire the American Apparel brand and certain company assets with an $88 million cash offer. The transaction is subject to bankruptcy approval on Thursday and is expected to be completed by early February, Gildan said in a statement this morning.
Market Recon: Staying Net Long Financials Despite the Run
“Many of life’s failures are people who did not realize how close they were to success when they gave up.” — Thomas Edison I still do like the banks and consumer finance names going forward.
WD-40’s Earnings Should Frighten Everyone Looking for Dow 20,000
With the Dow Jones Industrial Average still hovering near the 20,000 milestone and the Nasdaq resting at a record, the bulls may want to stop and look at a can of WD-40 sitting on a shelf in a local Walmart and ponder their enthusiasm. Better yet, just spy WD-40’s fiscal first-quarter results as a possible tell on the lackluster earnings season that could lay ahead this month and derail the market’s post-Trump election momentum.
Buy Adobe Now — Plus Jim Cramer’s Take
Adobe is breaking out and is set up well for a fresh rally leg. These charts show why it’s a must-buy.
Why You Should Short Harley Davidson
The Harley Davidson rally run may be near an end. Shares of the iconic motorcycle manufacturer have formed a classic topping pattern on the daily chart.
Macy’s Refocuses Online, but Faces a Big Deficit in the E-Commerce Race
The iconic, department store chain has announced that it will invest more of its resources on e-commerce and shut more of its physical locations. Ailing department store Macy’s , once a pillar of nearly every U.S. shopping mall, announced a restructuring plan that will revolve around refocusing more of its resources on e-commerce.
SodaStream Has Exploded Almost 200% — Buy More Here?
Although the U.S. may be divided on many major issues, most people would probably agree on one thing: 2016 was a roller coaster of a year filled with surprises. That said, investors bullish on one company shouldn’t have been caught off-guard by its stock’s stratospheric ascent .
Stock Futures Little Changed as Oil Prices Level Off
Stock futures are little changed on Tuesday as investors await news from a press conference Wednesday with President-elect Donald Trump. Oil prices level off.