Market News

In my April 11 column, I recommended shorting Apple, Twitter and Tesla ahead of earnings. After last night's after-hours meltdown in AAPL and TWTR shares post-earnings, I'm feeling pretty good about that call. TSLA will report results after the market closes on May 4.

more...

Fresh off one of the biggest Wall Street drubbings in recent memory, Valeant Pharmaceuticals is in to Washington to defend itself against accusations the company is little more than a price-gouging, drug industry hedge fund of sorts.

more...

more...

There are two easy ways to make sure your portfolio beats the market averages, and most professionals too. The first you already know: Buy dividend payers, preferably those that boost their payout annually.

more...

Documents Valeant filed with the Securities and Exchange Commission on Wednesday indicate incoming CEO Joe Papa could make nearly $100 million if the company can return to its October 2015 level of $150 a share.

more...

Acquiring DWA at current prices not only destroys shareholder value, but implies significant synergies, which are often not realized upon completion of acquisitions.

more...

The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Nielsen Holdings (NLSN) is now the #15 analyst pick, moving up by 2 spots.

more...

Trump wants to raise spending, particularly on infrastructure and the military, build a wall along our Southern border, and turn Obamacare into Trumpcare. As it stands now, our deficit is about $450 billion, or 3% of GDP. Under Trump, we could see our deficit go to 10% of GDP or more—in peacetime—without a financial crisis.

more...

more...

South Asia will have nearly one million job seekers every month for the next three decades. One area of potential employment for them is the apparel industry, says the World Bank in a new report.

more...