Italian hedge fund BxWorld Fund has entered a position in Soligenix (Nasdaq: SNGX), a biotech company with some interesting products for the cure of cancer and a range of products against bioterrorism and radioactive warfare. Luca Fer, BxWorld’s fund manager,
July 19, 2017
Coca-Cola (KO) has been under pressure for a few years. KO is up roughly 33% since 2012. The S&P 500 is up roughly 88% over the same time frame. They have sought to streamline their business and have divested a
A healthy close for Asia in today’s trading after the uncertainty seen from a mixed US session. The large cap DOW recovery helped but it was the broader S&P and Nasdaq that contributed most for Asia’s impetus. The Nikkei only
Crude oil prices raced higher after official EIA inventory data revealed a far larger outflow than expected. US stockpiles shed 4.73 million barrels compared with the 3.46 million draw expected by the markets and a shock gain foreshadowed in API figures for the
American Express Company (NYSE: AXP), the New York City-based global services company that offers charge and credit cards, business credit cards, travel services, gift cards, prepaid cards and merchant services, reported financial results today for its second-quarter 2017, as follows: In reference to the
Today, at 5 PM EST on my Facebook page called: Mish’s Market Minute Daily, I went live with the first of six cartoons that represent the Modern Family. Coincidence or not? The Russell 2000 must like the publicity and his
American Express Company (AXP – Free Report) released its second-quarter 2017 financial results, posting earnings of $1.47 per share and revenues of $8.31 billion. Currently, AXP is a Zacks Rank #3 (Hold) and is down 1.20% to $85 per share in after-hours trading
When it comes to investments, T. Rowe Price Group (Nasdaq: TROW) is thought of as a model of stability. The 80-year-old company has $861.6 billion under management. It manages dozens of stock and bond funds for individual and institutional investors. T. Rowe
One hundred thousand dollars in an annuity today will buy you about $5,700 per year in income. If you have $1 million to give away to some insurance guy, you can earn about 10 times that, or $57,000. Easy math!
In late 1999, the Federal Reserve established what was ostensibly an emergency credit facility. On October 1 that year, this offshoot of the Discount Window went live. Its main feature was that it was to be a primary program, meaning
