The saga on the high seas continued… As much of the world continued to monitor the story of the American cargo ship that was captured by Somali pirates and held its captain hostage, the increase in piracy has sparked a fascinating conversation.
When Arena Pharmaceuticals (Nasdaq: ARNA) released positive Phase III data on its obesity drug, Lorcaserin, many people expected shares to take off. After all, the company’s press release on Monday confirmed that the drug had proven to be safe and effective.
With so many biotech stocks making big moves and pharmaceutical merger activity moving faster than anything else right now, we turned to one of the smartest analysts in the lucrative biotech field to give us his take on what we should be doing…
Talk about a winter of discontent… Over the past seven weeks, we’ve seen quite possibly one of the best examples of stock market fear in history.
Tune into the financial media and you’re guaranteed to hear an “expert” call the stock market’s bottom at least once a day.
This week, the government released the terms of its Capital Assessment Program for banks – also known as the stress test.
If the global economy were a hospital patient, you’d definitely find it in the Intensive Care Unit.
Marc Lichtenfeld, Senior Analyst & Healthcare Specialist, Smart Profits Report points out that one of the best ways to make money in this market is to buy shares of companies that have grown even in this recession.
He says shares of one company – with $62 million in cash, no debt, and that pays out a 5.7% dividend yield – should see much higher share prices in the year ahead.
Marc Lichtenfeld from the Smart Profits Report said that Energy projects would receive nearly $40 billion worth of federal funds under the Obama Stimulus Plan. A good chunk of this will go towards renewable energy – a big part of Obama’s energy plan.
One company that offers a healthy 3.5% dividend and is the largest solar and wind energy provider in the U.S. stands to see share prices climb the most.
It wasn’t too long ago that a bad bank just meant one with long lines, rude tellers and high fees. But times are changing and the definition today is completely different.
