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Drug stocks have bounced back this year with the NASDAQ Biotechnology Index and the NYSE ARCA Pharmaceutical Index gaining 18.6% and 10.8%, respectively, year-to-date (YTD).There are several reasons...
Statoil (OL:STL) ASA (NYSE:STO) and Queiroz Galvao Exploracao e Producao (QGEP) have inked an agreement wherein the former will purchase QGEP’s 10% interest in the BM-S-8 license located in...
Euro Stoxx 50 failure to beat minor resistance at 3516/19 targets strong support at 3495/90. Below 3480 however puts bears back in control targeting 3460/55 before the June low at 3428/25. A break...
DAX bulls are back in control on the close above 12590. We topped exactly at minor short term MA resistance at 12640/650 but if we continue higher today look for further minor resistance at 12700/705....
FTSE below 7340 signals a move towards first support at 7315/20. A good chance this will now hold the downside as it worked so well as resistance. Longs need stops below 7290. A break lower however...
Since ending a strong run higher at the end of February it has been a tough 4 and a half months for the S&P 500. Two months of slow drawn out movement lower to start. It did not amount to much....
Delta Air Lines, Inc. (NYSE:DAL) is the one of the largest U.S. airlines and provides scheduled air transportation for passengers and cargo across the globe. The Atlanta, GA based Delta has reported...
The DAX index has posted small gains in the Thursday session, as the index is up 0.26% on the day. Currently, the DAX is at 12,654.00. On the release front, German Final CPI improved to 0.2%, matching...
Indexes ended the sideways trend that was present on the charts since the beginning of July. From the technical point of view all is ready for a new bullish wave aiming new all time highs.DAX reversed...
Magforce AG (DE:MF6G) continues to execute the strategy originally proposed in late 2013. Domestic reimbursement discussions are ongoing within Germany but expansion in the rest of Europe remains the...
Acarix A/S (ST:ACARIX) has made its first sale in the crucial German market to a private cardiology clinic in Berlin. This follows the first sale in Denmark. Germany has a strong private healthcare...
U.S. telecom behemoth Verizon Communications Inc. (NYSE:VZ) recently faced data violation, wherein records of 14 million customers were exposed. An employee of NICE Systems left the data on an...
Shares of Fort Worth, TX-based American Airlines Group (NASDAQ:AAL) have rallied on Jul 12, following an upward revision of the guidance for a key unit revenue metric for the second quarter of 2017....
Wall Street is in a tizzy over the news that social media darling Snap Inc (NYSE:SNAP). (SNAP), commonly called "Snapchat", has seen its shares plunge.Shares have fallen 36% since the March 2017...
Our Zacks Bear of the Day, Motorcar Parts of America (MPAA) has recently experienced a decline in demand as retailers have reduced their restocking orders as of late. The company has experienced...