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Monthly Archives: October 2019

Biogen soars 40% on Alzheimer’s drug revival

Shares of Biogen soared 30% on Tuesday after the drugmaker announced it was seeking regulatory approval for an Alzheimer’s drug, aducanumab, it said it was giving up on earlier this year. “It would be the biggest drug ever,” said CNBC’s Jim Cramer on “Squawk on the Street.” The announcement comes just months …

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McDonald’s (MCD) earnings Q3 2019 fall short

McDonald’s on Tuesday reported earnings that fell short of estimates for the first time in two years as its promotions struggled to lure U.S. customers away from the competition. Shares of the company fell more than 3% in morning trading. The fast-food giant reported fiscal third-quarter net income of $1.6 …

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NBA star Bradley Beal says ‘all the jewelry, all the cars’ get old

NBA star Bradley Beal says ‘all the jewelry, all the cars’ get old SEARCH QUOTES ‘};(function(){head=document.head||document.getElementsByTagName(“head”)[0],mpsload=document.createElement(“script”);mpsload.src=”http://”+mpsopts.host+”/fetch/ext/load-“+mpscall.site+”.js?nowrite=2″;mpsload.id=”mps-load”;head.insertBefore(mpsload,head.firstChild)})();

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Your credit card debt could be making you sick

JGI | Jamie Grill | Blend Images | Getty Images Not feeling well? It could be your credit card that’s making you sick. Americans are taking on ever-increasing amounts of debt and it’s harming their health and relationships, according to researchers. The average American has three credit cards and a …

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Here’s why Apple shares could rally another 25%

Apple just smashed through to fresh records. The iPhone maker surged nearly 2% to begin the week after Raymond James analysts upped their price target to $280, the most bullish on the Street. The firm cited stronger estimates for iPhone 11 sales as reason for the increase. Craig Johnson, chief …

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Demi Moore, Julie Andrews and Carly Simon Tell All

But moments of introspection can’t make up for pages of flat recitation. Describing a movie shoot, Andrews writes: “‘That’s Life!’ was a joy to make. … To a person, the cast and crew were warm, loyal and tireless.” Regrettably, the final page sets us up for a third volume: “I …

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Hong Kong’s IPO market has been hit by protests

From left, the flags of the Hong Kong Stock Exchange, China and Hong Kong are seen flapping in the wind on May 6, 2019. Anthony Wallace | AFP | Getty Images Hong Kong’s initial public offering (IPO) market has been hit badly by the unrest in the city, plummeting nearly …

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Cyber Monday to excite holiday shoppers more than Black Friday

Shoppers cram into a Macy’s store ahead of the holidays. Charles Sykes | AP With online shopping gaining ground year after year, Cyber Monday now surpasses Black Friday as the preferred day for deals around the holiday season, for all age groups from Gen Z to seniors, according to a …

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Jim Cramer warns that this S&P 500 bearish scenario is ‘on the table’

CNBC’s Jim Cramer has advised that investors take precautions as the S&P 500 inches closer to record trading levels. The “Mad Money” host on Monday broke down one trusted technical analyst’s bearish prognosis of the market and, though he doesn’t agree with the conclusion, he warned that the scenario is …

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Why Apple’s all-time stock market high could reach $280 by year-end

Apple received a vote of market confidence from Raymond James on Monday when the brokerage firm raised its price target on the iPhone maker’s shares from $250 to $280. Apple’s stock price responded by hitting a new all-time-high above $240, up close to 2% and outpacing the U.S. market. To …

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