Feb27-022717.jpg La Jolla Pharmaceutical Co.'S phase III trial of LJPC-501 in patients with catecholamine resistant hypotension has met the primary endpoint.

wallstreet1-121214_27Feb17.jpg After initially moving to the downside, stocks turned higher over the course of the trading session on Monday. With the turnaround on the day, the Dow and the S&P 500 once again climbed to new record closing highs.

Mccain-022717.jpg President Donald Trump's first budget proposal calls for a $54 billion increase in defense spending, but Senator John McCain, R-Ariz., argued Monday that even more is needed. McCain, the Chairman of the Senate Armed Services Committee, noted Trump's defense budget request for $603 billion would be...

GeorgeBush-022717.jpg While President Donald Trump has repeatedly attacked the media in his early days in the White House, former President George W. Bush argued that a free press is "indispensable to democracy." Bush was asked about the role of the media in an interview with NBC's "Today" show on Monday after Trump recently...

Trump3-022717.jpg President Donald Trump's first budget proposal will include a substantial increase in defense spending, the White House revealed on Monday. White House budget officials told reporters Trump's budget would include a $54 billion increase in defense spending and a matching reduction in spending on domestic programs and foreign aid.

wallstreet-111814_27Feb17.jpg After recovering from an initial move to the downside, stocks have shown a lack of direction over the course of the trading session on Monday. Despite the choppy trading, the Dow and the S&P 500 managed to reach new record intraday highs.

SeanSpicer-022717.jpg Amid President Donald Trump's repeated warnings about the threats posed by leaking information to the media, White House Press Secretary Sean Spicer is reportedly cracking down on members of his own staff. Spicer held a meeting with about a dozen of his communications staffers last week to express...

wallstreet1-103112_27Feb17.jpg After initially moving to the downside, stocks have regained some ground over the course of morning trading on Monday. The major averages have climbed off their lows of the session and are now lingering near the unchanged line.

JJill-022717.jpg Women's specialty-clothing retailer J. Jill Inc. said it has launched an initial public offering of 11.67 million shares of its common stock. All shares are being sold by an existing stockholder and J. Jill will not receive any proceeds from the offering.

pendinghomesls-022717.jpg Pending home sales in the U.S. unexpectedly plunged to their lowest level in a year in the month of January, according to a report released by the National Association of Realtors on Monday. NAR said its pending home sales index tumbled by 2.8 percent to 106.4 in January.

wendys-022717.jpg Long queues at peak dining hours at Wendy's may be a history, as the company is planning to introduce automated self ordering kiosks at its more than 1000 retail locations by this year end. The automation will also help in cutting labor costs.

sunrise-hmv-022717.jpg Canadian music retail chain Sunrise Records said it plans to take over 70 retail spaces in Canada being vacated by HMV Canada, the industry's largest retailer. The new brick and mortar locations are in malls across Canada. However, Sunrise's expansion comes as people are increasingly shifting to streaming options for music and videos rather than buying tangible, touchable albums.

manufacturing-030411_27Feb17.jpg After reporting an unexpected drop in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Monday showing a rebound in durable goods orders in the month of January. The report said durable goods orders surged up by 1.8 percent in January after falling by a revised 0.8 percent in December.

wallstreet-121514_27Feb17.jpg Stocks may move to the downside in early trading on Monday following the strength seen in the previous week. The major index futures are currently pointing to a modestly lower open for the markets, with the Dow futures down by 17 points.

IBP-022717.jpg This stock comes on our radar on the merit of its upbeat quarterly results. We believe the company has solid growth potential, as it expands through accretive acquisitions. In the next few-months, we see the stock touching new highs, and expect at least 20% upside from current levels.

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