by Dorian Holden | Oct 23, 2019 | Markets
House Speaker Nancy Pelosi just introduced a plan to lower prescription drug prices, as we reported in September 2019. At the time, we noted the plan would empower Medicare to negotiate prices on up to 250 of the most expensive drugs on the market, including insulin....
by Dorian Holden | Oct 23, 2019 | Markets
Earnings season has been a mixed bag so far. While many other earnings reports have been solid overall, Tesla, Boeing, and Caterpillar managed to stink things up pretty badly. Boeing (BA) Boeing reported a 50% slump in its third quarter, as the company struggles with...
by Dorian Holden | Oct 22, 2019 | Markets
Facebook is no stranger to chaos. With Cambridge Analytica, e-mails that allegedly linked Mark Zuckerberg to privacy concerns, and its Libra cryptocurrency plans, Facebook has still managed to deliver. In fact, shares are up about 54% for the year. Unfortunately, the...
by Jamie Johnson | Oct 22, 2019 | Markets
The company’s revenue and earnings are up from a year earlier. The online brokerage firm TD Ameritrade really needed some good news. The company’s shares are down 23% from a year earlier. And in early October, the stock hit a new 52-week low after announcing its plans...
by Dorian Holden | Oct 22, 2019 | Markets
These are the stocks making the biggest moves on Tuesday, October 22, 2019. McDonald’s (MCD) Investors aren’t loving it this morning. Shares of McDonald’s are down 3%, or $6.62 this morning after posting earnings and revenue that were short of expectations. EPS...
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