14 February, 2017 by The TZ Newswire Staff Comments Off on Uranium ETF Surges Another 2.8%, Now Up 49% In 2017
Uranium ETF Surges Another 2.8%, Now Up 49% In 2017
The Global X Uranium ETF (URA) outperformed all other non-leveraged, non-inverse exchange traded products in the U.S. today on a percentage basis, producing a +2.84% one-day return and outperforming the wider markets by a total of 2.44 percentage points.
Behind The Gains
URA closed today at $19.16 per share, up $0.53 (+2.84%). Putting this move in context, the S&P 500 index — largely considered the most popular and useful benchmark for equity performance — closed up $0.93 (+0.40%) on the day.
14 February, 2017 by The TZ Newswire Staff Comments Off on Cigna Walks Away From Anthem Merger, Files Lawsuit
Cigna Walks Away From Anthem Merger, Files Lawsuit
Cigna (NYSE: CI) has apparently hammered the final nail into the coffin of its hoped-for merger with Anthem (NYSE: ANTM). Less than a week after a Washington, D.C., district court blocked the proposed tie-up on antitrust concerns, Cigna is exercising its right to exit the merger agreement.
14 February, 2017 by The TZ Newswire Staff Comments Off on Convergence Debuts Service To Objectively Compare Manager Complexity
Convergence Debuts Service To Objectively Compare Manager Complexity
Fintech company Convergence has launched a new service designed to address the challenge of operational and business model transparency in the alternative asset management industry.
14 February, 2017 by The TZ Newswire Staff Comments Off on Patience Paid, Biotech Pops
Patience Paid, Biotech Pops
In looking at the entry dates some of our biotech holdings, we were a little early, but patience has paid, and the street now comes aggressively calling for these names. Better to be early than late, the signs were all there, it just took a while. Today the XBI broke out some more and it looks like…
The post Patience Paid, Biotech Pops appeared first on UpsideTrader.
14 February, 2017 by The TZ Newswire Staff Comments Off on This Industry Had Plenty of Winners (and 1 Big Loser) in 2016. Will 2017 Be Another Strong Year?
This Industry Had Plenty of Winners (and 1 Big Loser) in 2016. Will 2017 Be Another Strong Year?
It was a good year for waste management companies Waste Management (NYSE: WM), Republic Services (NYSE: RSG), and Clean Harbors (NYSE: CLH). All three saw their stock prices rise between 32% and 36% for the year. And it was an absolutely stellar year for Casella Waste Systems (NASDAQ: CWST), which saw its stock more than double in price. Compared to an 11.2% gain for the S&P 500, those results should have investors singing a happy tune.
14 February, 2017 by The TZ Newswire Staff Comments Off on Trump Expects Putin To "Return" Crimea To Ukraine
Trump Expects Putin To "Return" Crimea To Ukraine
With every passing day, it appears that many of the anticipated foreign policy changes under the new administration may end up being nothing but smoke and mirrors. First, it was the middle east, where despite campaign promises of pulling back US troops, Trump is instead considering adding to US deployments to reinforce what he plans to be Syrian “safe zones.”
14 February, 2017 by The TZ Newswire Staff Comments Off on Fossil Looks to Wearables to Reverse Sales Declines
Fossil Looks to Wearables to Reverse Sales Declines
Fossil Group (NASDAQ: FOSL) has suffered from the challenges facing the high-end retail market lately, and despite its strong reputation among consumers, the company hasn’t been able to produce the sales success that investors have wanted to see. Already, many retailers have reported tough conditions over the most recent holiday season.