Just like the past week, the shares of Healthcare companies outperform other sector by 2.2% as of midday Monday.
Tags: Stocks
Bank Stocks Has Reached $159 Million After Trump's Victory
Jamie Dimon has been the talk of the town as reports on Thursday showed that he is likely to be Secretary of the Treasury in the administration of the recently-elected Republican Donald Trump. But even after the 2016 US Presidential election concludes, the CEO of JPMorgan as well as his peers from Wall Street already sees a huge development in the stock market.
3 Sectors Which Plunged After Clinton Lost
While the people of America has decided to place the Republican Donald Trump in the White House and therefore beating his Democratic opponent Hillary Clinton, the result of the 2016 US Presidential Election is expected to have direct impacts on businesses that have been the foundation towards the growth and development of the economy of the United States.
On Trump's Victory: Hedge-Fund Manager Tilson Sells Stocks
On the morning of Wednesday morning, after Republican’s bet Donald Trump won his way to the White House, stocks made a huge comeback rally following the near-800-point plunge late Tuesday night in pre-market futures trading for a possibility of a Trump victory.
5 Sectors Which Benefited From Trump’s Win
After Trump’s victory in the 2016 US Presidential race, these five sectors are most likely to benefit in all aspects.
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Crispin Odey is a London-based hedge fund manager. His main hedge fund has lost about 43 percent this year. He says that U.K. stocks could crash 80 percent as the economy is shaken by a recession and greater inflation after the vote to quit the European Union.
In a deal on October 20, 2016, Thursday, Regions Financial Corporation’s (NYSE:RF) EVP Brett D. Couch sold 32,342 shares of the company’s stock which was sold at a regular price of $10.63, making a total transaction of $343,795.46.
The best performing sector as of midday Friday is the Utilities sector, which displays a stellar performance amongst others, up 0.2 per cent.
Marriott and Starwood are agreeing on a new deal that would total in $13.6 billion for a merger of the two groups. The merger would form the world’s largest hotel operator with 30 brands and more than 5,500 hotels worldwide.
McDonald's has launched its all-day breakfast menu and called it "All Day Breakfast: Bigger Menu" where customers can order any or all of the following: hash browns, biscuits, McGriddles and McMuffins. The offer has been tested in Tulsa, OK and North Carolina Triad area boosting the restaurant's stocks 0.70% to $119.25.
SunEdison Inc. acquired Vivint Solar after Vivint’s shareholders overwhelmingly approved the deal of about $1.9 billion. SunEdison, once the world’s largest renewable energy company, is now facing a financial crisis with billions of debt after massive acquisition binge and plummeting stocks.
China’s ruling party decided to replace the country’s chairman of the securities regulator, Xiao Gang, with former central banker Liu Shiyu. The regulator has taken the blame for failing to stabilize the market turbulence in the country over the year.
Google CEO Sundar Pinchai received his first equity award granted by Google's parent company, Alphabet, Inc. The $199 million amount was one of the biggest ever given by a U.S. company, making him one of the world's highest-paid executives. Besides Mr. Pinchai, other executives, including Diane Greene and Ruth Porat also received the award worth $42.8 million and $38.8 million respectively.
Goldman Sachs sold 1.3 million shares from Valeant on Thursday, which the pharmaceuticals company was holding as collateral for its CEO, Michael Pearson.
