Boeing is under pressure following the crash of an Ethiopian Airlines 737 Max 8 over the weekend. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Chris Verrone, Brian Kelly and Dan Nathan.
Revenue from PuraPly products for the second quarter of 2019 was $29.7 million compared to $12.8 million for the second quarter of 2018, an increase of $16.9 million or 133% year over year. We also reported stronger than expected revenue growth in our surgical and sports medicine business this quarter, fueled by a strong portfolio of differentiated orthobiologic products, including NuCel for bone effusion in spine and extremities, and also NuShield for surgical applications and targeted soft tissue repairs, and the investments we've made in our sales force combined to drive sales growth of 46% in the second quarter.
Financier Jeffrey Epstein killed himself while awaiting trial on sex-trafficking charges in New York, officials said Saturday. Epstein was accused of paying underage girls hundreds of dollars in cash for massages and then sexually abusing them at various locations, including homes in Palm Beach, Florida, and New York from 2002 through 2005. WHO WAS JEFFREY EPSTEIN?
Today we'll evaluate Deutsche Lufthansa AG (ETR:LHA) to determine whether it could have potential as an investment idea. Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. Firstly, we'll go over how we calculate ROCE.
A lawsuit in California alleges Siri recorded private conversations without owner consent. Yahoo Finance's Julie Hyman, Alexis Keenan, Brian Cheung, and Steve Sosnick Interactive Brokers Chief Strategist discuss.
In January, he completed the sale of his company to SAP SE for $8 billion, then three weeks later teamed up with pro golfer Josh Teater to finish third at the AT&T Pebble Beach Pro-Am. While his social set now includes top golfers like Tony Finau, who posted this photo from Smith's Pebble Beach home ahead of June's U.S. Open, Smith still dedicates the bulk of his time to ventures off the course. Ryan, 41, recently spoke with Bloomberg about his investing priorities, as well as philanthropic efforts spurred by events close to home.
If you're planning for retirement, you're probably thinking about how much you'll need, how long the money will last, and how much you can safely take out each year. You recognize that in retirement there will be a balancing act between spending on current needs while also preserving enough for your later years. The result is their assets continue to increase in retirement, and this increased wealth is passed along to beneficiaries.
In the wake of a photo of a?passenger?on an?easyJet flight?sitting in a backless seat going viral, the airline has addressed the controversy. Twitter user Matthew Harris?tweeted out the shot of a woman perched on a seat without a back onboard what he said was a flight to Geneva. “#[email protected]?to have backless seats,” he captioned the shot, adding tags for both the International Air Trade Association (IATA) and the European Aviation Safety Agency (EASA).
“We think Burford is inappropriately financed,” Gotham founder Daniel Yu said in an emailed statement. A representative for Burford didn't immediately respond to a voicemail message seeking comment outside of normal business hours. The company has previously said Muddy Waters' short-seller report published Aug. 7 contained “many factual inaccuracies, simple analytical errors and selective use of information.” Burford's executives spent about two hours on Thursday addressing investors and analysts on a conference call, and responding to questions about the company's cash balance, use of fair value adjustments and the potential for a share buyback, among other things.
Police fired tear gas at protesters in Hong Kong on Saturday after anti-government marches went ahead in two areas of the Chinese territory in defiance of an official ban.
Yet PMI continued to grow as it raised prices to offset lower shipments, expanded into fresh markets such as heated tobacco products, and rewarded shareholders by increasing its dividend every year since its split with Altria. PMI now pays a forward dividend yield of 5.5%, compared with the average S&P yield of 1.9%. That payout will account for about 89% of its adjusted EPS forecast for the year -- a bit high, but easily sustainable.
If you were one of the lucky investors to get in on the ground floor of the cannabis industry, you're potentially sitting on a quadruple-digit gain right now. Investment bank Stifel, which is responsible for the most aggressive growth forecast on Wall Street, believes the U.S. could be generating $100 billion in annual sales a decade from now. Keeping in mind that the industry is far from mature and there are plenty of risks inherent with investing in an industry still labeled as illegal by the federal government, here are two U.S. marijuana stocks to consider buying, as well as one you'd be best off avoiding.
That said, even highly profitable companies sometimes might not generate enough cash to pay the dividend, which is why we should always check if the dividend is covered by cash flow. Over the past year it paid out 197% of its free cash flow as dividends, which is uncomfortably high. It's hard to consistently pay out more cash than you generate without either borrowing or using company cash, so we'd wonder how the company justifies this payout level.
So shareholders might well want to know whether insiders have been buying or selling shares in E*TRADE Financial Corporation (NASDAQ:ETFC). What Is Insider Selling? Most investors know that it is quite permissible for company leaders, such as directors of the board, to buy and sell stock in the company.
Shares of Vista Outdoor Inc. (vsto) tumbled 11% in midday trading Friday, putting them on track to close at a second-straight record low. The ammunition and outdoor sports equipment company's stock had plunged 21.5% on Thursday, the biggest one-day selloff since November 2017, on the back of disappointing fiscal first-quarter results and lowered full-year outlook. Analyst Eric Wold at B. Riley kept his rating at buy but cut his price target to $11 from $13 on Friday.
If you're looking for stocks largely unaffected by international trade tensions, you'll find the healthcare sector's full of them. In fact, Flexion Therapeutics (NASDAQ: FLXN), Guardant Health (NASDAQ: GH), and CVS Health (NYSE: CVS) recently surprised investors by raising their 2019 earnings estimates above figures provided earlier this year. Raising forward guidance halfway through the year is usually a positive signal.
What happened Luckin Coffee (NASDAQ: LK) stock popped 24.6% last month, according to data from S&P Global Market Intelligence. The S&P 500 returned 1.4% in July. Investors who bought shares of the Beijing-based, technology-driven coffee retailer at its May initial public offering have been lucky, indeed.
Amarin stock is currently trading at $14.17, 20.44% lower than its close in the premarket trading session. Yesterday, the company announced its receipt of a notice from the FDA about the agency's plans for an advisory committee meeting on November 14. The meeting will review the company's sNDA (supplemental new drug application) for the label expansion of Vascepa based on the results from its REDUCE-IT outcomes study.
Good afternoon, and welcome to Everspin Technologies Second Quarter 2019 Earnings Conference Call. I'm Leanne Sievers, President of Shelton Group, Everspin's Investor Relations firm. Joining me today are Kevin Conley, Everspin's President and CEO; and Jeff Winzeler, Chief Financial Officer.
The Bureau of Labor Statistics releases its consumer price index for July. Expectations are for a 1.8% year-over-year rise, up from June's 1.6%. The core CPI, which excludes volatile food and energy prices, is seen jumping 2.1%, even with June's number.
An earnings recession is now nearly certain. With 456 of the 505 S&P 500 (spx) components, or 90.3%, having reported second-quarter earnings through Friday morning, the blended year-over-year EPS growth estimate is negative 0.72%, with six of the 11 sectors showing declines, according to FactSet. That means the remaining 49 companies have to report EPS growth on average of 6.70% to lift the S&P 500 growth to flat.
General Electric (GE) shares have fallen back to earth, wiping out this year's gains, as the frenzy dies down. 5-star J.P. Morgan analyst Stephen Tusa, a frequent GE bear, has maintained his Underweight rating on GE stock, with a $5 price target, which implies nearly 45% downside from current levels. Overall, Tusa says GE's recent quarterly results showed an operational miss driven by Aviation, with FCF below his estimates.
Randy Smallwood -- President and Chief Executive Officer Thank you, Patrick and good morning, ladies and gentlemen. Thank you for joining us today to discuss Wheaton's second quarter results of 2019. The first half of 2019 has provided a solid start to the year and I am pleased to report we delivered strong operating results from our diversified portfolio of high-quality assets.