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Department store chain J.C. Penney Co. Inc. (JCP) on Friday reported a turnaround to profit in the fourth quarter as a slight decline in sales was more than offset by lower expenses. Adjusted earnings per share for the quarter beat analysts' expectations,...


After reporting a steep drop in U.S. new home sales in the previous month, the Commerce Department released a report on Friday showing that new home sales rebounded in the month of January. The report said new home sales climbed by 3.7 percent to an...


President Donald Trump lashed out at the FBI on Friday over its inability to prevent leaks of classified information following media reports of contact between the White House and the law enforcement agency. In posts to Twitter, Trump suggested that...


Stocks are seeing modest weakness in morning trading on Friday, although selling pressure has remained relatively subdued. The major averages have all moved to the downside after closing mixed in the two previous sessions.

wallstreet4-103112_17Feb17.jpg Stocks continue to see modest weakness in mid-day trading on Friday, although selling pressure remains relatively subdued. With the drop on the day, the Dow is pulling back off the record closing high set in the previous session.
ScottPruitt-021717.jpg President Donald Trump's controversial nominee to head the Environmental Protection Agency was confirmed by the Senate on Friday. The Senate voted 52 to 46 in favor of Oklahoma Attorney General Scott Pruitt's nomination as EPA Administrator, with the vote largely coming down along party lines.
MitchMcConnell-021717.jpg Senate Majority Leader Mitch McConnell, R-Ken., has expressed strong support for President Donald Trump's policies even though he is not a fan of the president's frequent use of Twitter. "I've been pretty candid with him and all of you that I'm not a great fan of daily tweets," McConnell said at a press conference on Friday.
Wendys-021717.jpg Burger chain Wendy's Co. (WEN) is looking to add 1,000 new restaurants by 2020, as the burger chain reported its 16th quarterly same-restaurant sales growth. Wendy's currently has just over 6,500 locations worldwide and wants to increase it to 7,500...
Trump1-022417.jpg President Donald Trump lashed out at the FBI on Friday over its inability to prevent leaks of classified information following media reports of contact between the White House and the law enforcement agency. Trump suggested that the ongoing leaks that have plagued his new administration represent a threat to national security.
boehner-022317.jpg Former House Speaker John Boehner, R-Ohio, has suggested Congressional Republicans can make fixes to Obamacare but downplayed talk of a full repeal of the healthcare reform law. According to Politico, Boehner told a healthcare conference in Orlando...
GermanGDP-QoQ-022317.jpgGermany's economic growth accelerated, as initially estimated in the fourth quarter on robust domestic demand. However, a consumer confidence survey signaled a slowdown in spending this year as rising inflation and changes in the U.S. administration weigh on income and economic expectations. Gross domestic product grew 0.4 percent sequentially in the fourth quarter.
The major U.S. index futures are pointing to a lower open on Friday after stocks closed mixed for two consecutive sessions. Traders may look to cash in on some of the recent strength on Wall Street, which helped the Dow close higher for ten straight sessions and reach another new record closing high on Thursday. Nonetheless, trading activity may be somewhat subdued.
Low-cost airline Norwegian Air Thursday announcing 10 new transatlantic routes from three Northeast airports to Europe with one-way fares starting at as lows as $65. Tickets went on sale Thursday morning at Norwegian.com/us. The fare for the first 10,000 seats were $65 each way including taxes. Norwegian...
January has been a rather quiet month in terms of drug approvals. The month saw 2 drugs pass the regulatory muster and 1 being turned down. Now, let's take a look at some of the biotech stocks awaiting FDA decision in February. More
Celgene International Sàrl, a wholly-owned subsidiary of Celgene Corp. (CELG), said that the European Commission has approved REVLIMID (lenalidomide) as monotherapy for the maintenance treatment of adult patients with newly diagnosed multiple myeloma... More
Former German Foreign minister Frank-Walter Steinmeier was elected as president, succeeding Joachim Gauck. Steinmeier is one of Germany's well known politicians, having twice served as foreign minister, from 2005 to 2009 and again from 2013 until earlier...
Markcuban-022317.jpg In stark contrast to the growing number of advocates in favor of universal basic income or UBI, business mogul Mark Cuban has said that adoption of such a policy would be the worst possible response to the impending job losses due to robots and artificial intelligence.
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Economic Calendar
02/24/17 10:0Capital Account Balance - BoPQ4 Mexico
02/24/17 10:0Current Account Balance - BoPQ4 Mexico
02/24/17 10:0New Home Sales - Median PricesJAN United States
02/24/17 10:0New Home Sales - UnitsJAN United States
02/24/17 10:0Univ. of Mich. Consumer Confidence IndexFEB United States
02/24/17 9:0Retail Sales (M-o-M)DEC Mexico
Complete Economic Calendar
FDA Calendar
Event DateSymbolDrug NameEvent Name
05/07/17TXMDYuvvexy (NDA)FDA decision on Yuvvexy for the treatment of moderate-to-severe vaginal pain during sexual intercourse
05/01/17NVSLEE011 (NDA)FDA decision on LEE011 for first-line treatment of HR+/HER2- advanced breast cancer
04/30/17RHHBYTECENTRIQ (sBLA)FDA decision on TECENTRIQ for locally advanced or metastatic urothelial carcinoma patients who are ineligible for cisplatin chemotherapy
04/29/17ARIABrigatinib (NDA)FDA decision on Brigatinib for metastatic ALK-positive non-small cell lung cancer
04/27/17BMRNBrineura (BLA)FDA decision on Brineura to treat children with CLN2 disease, a form of Batten disease
Complete FDA Calendar