Latest News

Mattel, Hasbro Shares Slide

Shares of Mattel and Hasbro were down over 2% Thursday morning after NPD Group said toy sales fell 9% year-over-year in the sixth week of the holiday season. The market research firm said the toy segment experienced its “steepest decline of the season so far.” ¬†NPD noted that dollar salesRead More

Chicago Fed’s National Activity Index Contracts For Fourth Consecutive Month

A key gauge of overall economic activity in the US fell to a four-month low in November as declines in production and income indicators weighed. The Federal Reserve Bank of Chicago’s closely-watched Chicago Fed National Activity Index fell to -0.27 last month from a reading of -0.05 in October. November’sRead More

Global Uncertainties Point to Bumpy Road Ahead

Kim Rupert, managing director and global fixed income analyst for Action Economics, anticipates a bumpy road ahead for markets, writing Monday that the surprise victories of Donald Trump and Brexit are manifestations of the dynamic changes taking place around the world. They are also reflections of the rise in politicalRead More

Dow Testing 20,000 Once More as US Stocks Gain in Early Trading

The main US indexes rose in early trading Tuesday, heading for a second straight day of gains with the blue-chip Dow Jones Industrial Average making another run at the key 20,000 level as more than two-thirds of the components improved. The Dow and the tech-heavy Nasdaq Composite touched intraday recordRead More

Clovis Oncology Soars to New 1-Year High

Clovis Oncology surged more than 15% intraday, touching its highest level since November 2015, after the U.S. Food and Drug Administration granted Monday an accelerated approval for Rubraca, which is marketed by the company to treat women with a certain type of ovarian cancer. Rubraca is approved for women withRead More

‘Rogue One’ Flies to Third-Biggest Opening of 2016

Walt Disney scored another weekend box office victory with the debut of the latest in the Star Wars franchise, “Rogue One: A Star Wars Story,” which zoomed to the year’s third-biggest opening. The film, which is the first stand-alone story in the franchise, earned $155 million in the domestic boxRead More