Akero Therapeutics, Inc., a cardio-metabolic nonalcoholic steatohepatitis (NASH) company, engages in the development of medicines designed to restore metabolic balance and improve overall health. The company’s lead product candidate is efruxifermin (EFX), an analog of fibroblast growth factor 21, which protects against cellular stress and regulates metabolism of lipids, carbohydrates, and proteins throughout the body. […]
Read More(Bloomberg) –Private equity will have to get the check book out in the coming months if the industry wants to return to its record pace of deal making. That’s because banks stuck with billions of dollars of risky corporate loans, a hangover from deals underwritten in a lower-rate environment, are unlikely to back sizable new […]
Read More(Bloomberg) — European bondholders are coming to terms with the fact that this year’s devastating losses may have further to run in 2023. The worst-ever year for the region’s bonds is ending with one of the most brutal sell-offs in months, after a chorus of central bankers warned investors that interest rates will rise more […]
Read More(Bloomberg) — The world’s biggest money managers are set to unload up to $100 billion of stocks in the final few weeks of the year, adding to a selloff that’s snowballed since Jerome Powell’s unequivocal message that policymakers will press on with aggressive tightening at the risk of job cuts and a recession. Notwithstanding their […]
Read MoreCal-Maine Foods, Inc., together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, and brown eggs under the Egg-Land’s Best, Land O’ Lakes, Farmhouse Eggs, and 4-Grain brand names, as well as under private labels CALM $60.0300 1.7500 % 3.0000 […]
Read More(Bloomberg) — For all its twists and turns, the 2022 market has also been a story of patterns repeating. Stocks fall, shorts cover, quants buy, then everyone jumps back in just in time to get torched. It’s happening again. After a month of drawing down positions, investors poured $25 billion in stocks in the week […]
Read MorePermian Basin Royalty Trust, an express trust, holds overriding royalty interests in various oil and gas properties in the United States. The company owns a 75% net overriding royalty interest in the Waddell Ranch properties comprising Dune, Judkins, McKnight, Tubb, Devonian, and Waddell fields. PBT $22.2000 -0.2800 % -1.2500 Permian Basin Royalty Trust Sector : […]
Read MoreTuya Inc. (TUYA) Tuya Inc. develops Internet of Things (IoT) cloud platform worldwide. The company provides IoT Platform-as-a-Service that enables brands, original equipment manufacturers, and developers to develop, launch, manage, and monetize smart devices and services. Smartsheet Inc. (SMAR) Smartsheet Inc. provides cloud-based enterprise platform to plan, capture, manage, automate, and report on work for […]
Read MoreLas Vegas Sands Corp. (LVS) Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Asia and the United States. It owns and operates The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao and Four Seasons Hotel Macao, Cotai Strip, etc. Novo Nordisk A/S (NVO) […]
Read MoreBuy Price: $4.60 or better Sell Price: TradersPro Sell Signal Teekay Corporation engages in the international crude oil and other marine transportation services worldwide. The company provides a full suite of ship-to-ship transfer services in the oil, gas, and dry bulk industries; lightering and lightering support; and operational and maintenance marine. The stocks founds in […]
Read More(Bloomberg) — The Biden administration is making good on a plan to replenish the nation’s emergency oil reserves, starting with a 3 million barrel purchase of crude. The purchase of barrels for February delivery follows a historic 180 million barrel release of oil from the US Strategic Petroleum Reserve to tame high gasoline prices amid […]
Read MoreFor retail stocks, one of the things that a lot of investors look forward to is the typical, “Santa Claus Rally” leading up to Christmas. It makes sense, since holiday shopping is at its peak. That hasn’t really been the way things have turned out this year. After surging from a bear market low in […]
Read MoreMarket conditions are Mildly bearish in a Bear Market as of 2022-12-15. This means traders and investors should consider trading with a bearish bias by raising stop levels on winners and selling losers. The rank of the Bear Market is -13.55 which indicates the current market conditions are Extreme, Risk of a reversal is high. […]
Read More(Bloomberg) — Order is being restored in financial markets, a frightening development for equity bulls. For the first time in a long time, news that was bad for the economy was bad for the stock market as well, more proof that recession fear has replaced inflation angst as that market’s biggest bugaboo. That bonds took […]
Read More(Bloomberg) — In a turbulent year marred by global monetary tightening, recession fears, and a war in Ukraine, a mining stock in Indonesia is proving to be the world’s best performer with a whopping 1,595% rally. Shares of PT Adaro Minerals Indonesia have moved sideways since sliding from a peak in April, but are still […]
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