The U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) have levied more than $1.8 billion in penalties on various Wall Street firms for record-keeping failures. The SEC action targets 16 firms, with 11 of them having agreed to pay a combined $1.1 billion. The CFTC action covers 11 institutions,
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Countries like the U.S. and U.K. are grappling with inflation that has risen to multi-year highs as the Ukraine war has caused energy prices to spike and food prices to rise. Angela Weiss | AFP | Getty Images Wall Street has a texting problem and the SEC is not happy. Last night the SEC announced charges
In this article LYFT AAPL OCGN THO DIS BIIB Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Biogen (BIIB) – Biogen soared 45.6% in premarket trading after Biogen and Japanese partner Eisai said their experimental Alzheimer’s drug dramatically slowed the disease’s progression in a study, reducing cognitive and
Investors have a lot to worry about these days. Is the economy in a recession? What is happening to the labor market? And when will the stock market recover? These questions are hard to answer, but investors can strategically buy mid-cap stocks. The best mid-cap stocks will help mitigate portfolio risk and unlock gains. Mid-cap
Novavax (NASDAQ:NVAX) stock hasn’t had a great 2022, down 86% since the beginning of the year. The company focuses on products to treat infectious diseases but is definitely best known for its Covid-19 vaccine NVX-CoV2373, also known as Nuvaxovid. There are plenty of other competing vaccines in this category, and Novavax’s shots haven’t been strong sellers
Big-box retail chain Bed Bath & Beyond (NASDAQ:BBBY) has been the target of eager meme-stock traders. However, the company’s financials will matter soon, as Bed Bath & Beyond has scheduled an earnings report and conference call for Sept. 29. The company needs to prove its value proposition to BBBY stock investors, as it’s undergoing a CEO
In this article HTZ KDP LCID VLO NCLH RCL Follow your favorite stocksCREATE FREE ACCOUNT Andrew Kelly | Reuters Check out the companies making the biggest moves midday: Hertz — Shares of the rental car company jumped 4.42% after the company announced a partnership with BP’s electric vehicle charging unit that will put thousands of
We’re in the midst of a bear market. That’s something investors haven’t seen in quite some time. While many stocks are getting crushed, it does create an opportunity for patient buyers, especially with top blue-chip stocks to buy. While some may say it’s irresponsible to buy in an environment like this, I think it’s irresponsible
There’s been some drama surrounding Cassava Sciences (NASDAQ:SAVA) recently. First, there was a report stating that the Securities and Exchange Commission, or SEC, cleared Cassava Sciences of charges of manipulating research results. Not long afterward, however, Cassava disputed the legitimacy of that report. These twists and turns in the ongoing story make it difficult to recommend
Crypto markets exhibited a sluggish pattern last week, with some dire predictions for the medium-term future being made by analysts. Investors are concerned about the increase in interest rates and general negative sentiments about the economy. Bitcoin is also suffering and doesn’t appear to be poised for a bullish breakout. The flagship cryptocurrency sees a ‘death cross‘, as chart
In this article 2015-HK LCID KDP Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Keurig Dr Pepper — The consumer stock fell 1.5% premarket after Goldman Sachs downgraded the stock to neutral from a buy rating. The Wall Street firm said it sees increased risk to Keurig’s margins
The U.S. stock market has been crashing all year long. In fact, year-to-date, the S&P 500 is down 23.3% through its first 184 trading days of the year. That makes 2022 the fourth-worst year in the stock market’s history. Against that backdrop, we’re all hoping things get better. Well… guess what? They will – and
As people acclimatize to the new normal, it’s time to look at some vaccine stocks to sell. Instead of relying primarily on vaccines and antiviral drugs, the government let people manage infections. Once infected with the less fatal strain, Omicron, people would isolate themselves for a few days and then return to work. By shifting
In this article PCG LVS WYNN 9868-HK PLNT Follow your favorite stocksCREATE FREE ACCOUNT An exterior view shows Encore Las Vegas (L) and Wynn Las Vegas as the coronavirus continues to spread across the United States on March 15, 2020 in Las Vegas, Nevada. Ethan Miller | Getty Images Check out the companies making headlines
Investors, including those who own green energy stocks, have myriad reasons to be bearish currently. Inflation remains high, with the year-over-year CPI registering 8.3% in August. The Fed responded as expected, raising interest rates by 0.75 percentage points, or 75 basis points, on Sept. 21. That rate increase, the central bank’s third straight 75 basis-point
As is typical of a bear market, the Nasdaq has led the other major indices lower over the past year. The tech-heavy index is down 28% over the past 12 months compared with a 17% decline in the S&P 500. There are bargains to be found amid the tech wreckage to be sure. But there
Social Security is a federal benefits program in the United States that was founded in 1935. While the program also includes disability income, it is most commonly associated with monthly retirement benefits paid out until death. The Social Security system is funded through payroll taxes. The Federal Insurance Contributions Act (FICA) mandates a 12.4% levy
In this article PLNT PCG LVS Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Planet Fitness — Shares of the gym franchise jumped nearly 3% in premarket trading after Raymond James upgraded the stock to strong buy from market perform. The Wall Street firm said the company has
Although arguably most folks hate the political season due to the back-and-forth mudslinging that materializes, investors will want to pay close attention to the 2022 midterm elections. According to historical data, the midterms broadly kick off superior market performance. Per U.S. Bank’s wealth management arm, “When the analysts looked at data around midterm elections (elections
Sometimes, you just have to let go of a thesis when it’s proven wrong. Stubborn investors might try to average down on microprocessor manufacturer Intel (NASDAQ:INTC) stock. That’s not a wise move to make, though, as even the company’s management had to acknowledge challenging market conditions. If you’re only in it for the dividend payouts, don’t