Stock Market Today


 

Boston Scientific's ( BSX ) Q2 2017 earnings were solid, but they don't hide the fact that the company's biggest segments are facing some challenges. It is almost easy to overlook Boston Scientific's sluggish growth in rhythm management, considering how its MedSurg business is doing.

Boston Scientific challenges facing growth market MedSurg Q2 rhythm management segment stent

 

What's happening?

Shares of LendingClub Corp. (NYSE: LC) are trading higher by about 11% as of 11:30 a.m. EDT after the company reported a better-than-expected outlook for the remainder of the year.

Fool institutional investors LendingClub loans Motley originations quarter securitization stock

 

Ligand Pharmaceuticals IncorporatedLGND reported second-quarter 2017 earnings of 54 cents per share (including the after-tax impact of stock-based compensation expenses), significantly up 157.1% from the year-ago figure of 21 cents.

Ligand's stock has outperformed the industry year to date.

approximately Captisol earnings license Ligand quarter Revenue royalties stock Zacks

 

Shares of Avis Budget Group (NASDAQ: CAR) , a global provider of mobility solutions through its Avis, Budget, and Zipcar brands, are down nearly 10% as of 9:30 a.m. EDT on Tuesday, after the company announced disappointing second-quarter results.

Image source: Avis Budget Group.

analysts Avis budget car earnings quarter rental second stock year

 

These Terms of Use and the Briefing.com Reader Agreement may be changed by Briefing.com at any time without notice.

To acquire more extensive licensing rights to Briefing.com content please review this page.

acquire Agreement Briefing changed com extensive licensing Reader rights Terms

 

Jake Tapper asks Gov. Chris Christie if he supports the President's proposal introduced this week that would cut legal immigration in half within ten years.

asks Chris Christie Gov introduced Jake President proposal supports Tapper

 

TheBlaze host Lawrence Jones on the Trump administration taking on sanctuary cities.

 

Jason Chaffetz, Fox News contributor, discusses why he is pessimistic on tax reform.

 

The average fuel-economy rating for new vehicles sold in the United States in July 2017 was 25.4 miles per gallon, an increase of 0.3 mpg from the June average. For all of 2016, the average fuel-economy rating for new vehicles sold was 25.2 mpg, down 0.1 mpg from the 2015 average.

fuel economy gallon July miles mpg rating sales sold sticker weighted

 

We’re sorry, you don’t have access to view the requested page. You may need to log in.

access contact continue log page requested

 

Barclays is saying the cryptocurrency mining-driven demand for AMD's graphics cards will not last and is telling investors to avoid the chipmaker's shares.

Cryptocurrency miners use graphics cards from AMD and Nvidia to "mine" new coins, which can then be sold or held for future appreciation.

AMD analyst card chipmaker Cryptocurrency demand graphics market mining shares

 

Frontier Communications (FTR) reported second-quarter earnings on July 9.

As per slide 10: "As of June 30th, Frontier had reached the 40% milestone in nine states and expects to reach the required milestone in our remaining states by year-end.

Data Internet expand FTR margin quarter Revenue sales services video voice

 

JPMorgan Chase CEO Jamie Dimon stopped short of saying the bond market is on the cusp of a collapse, but said he wouldn't personally buy any long-term government debt.

The CEO spoke after former Federal Reserve Chairman Alan Greenspan warned on Friday that the bond market could collapse and it will also threaten stock prices.

balance bond CEO collapse Dimon disruptive economy Fed government market

 

JPMorgan Chase CEO Jamie Dimon stopped short of saying the bond market is on the cusp of a collapse, but said he wouldn't personally buy any long-term government debt.

The CEO spoke after former Federal Reserve Chairman Alan Greenspan warned on Friday that the bond market could collapse and it will also threaten stock prices.

balance bond CEO collapse Dimon disruptive economy Fed government market

 

What to Expect When Disney Reports After the Close [0.12]

Posted on Aug. 8, 2017, 4:10 p.m. by 24/7 Wall St. @ [source]

Walt Disney Co. (NYSE: DIS) is scheduled to release its fiscal third-quarter financial results after the markets close on Tuesday.

Earlier this summer, 24/7 Wall St. pointed out that Verizon Communications Inc. (NYSE: VZ) is considering Disney as a takeover target.

attendance consensus Disney EPS market NYSE rating Revenue stock Tuesday

 

Yesterday’s trading session represented the 150th trading day of 2017, and so far investors have nothing to complain about. Earlier today, we took a look at years that had the most similarity to 2017 in terms of the pattern of daily closing prices to see which years since 1928 have the greatest similarity to 2017, and more importantly, how the S&P 500 performed for the remainder of each of those years.

complain gain investors ranks remainder represented session similarity trading years

 

Copper Enters First Bull Market in 4 Years [0.05]

Posted on Aug. 8, 2017, 4:06 p.m. by rss_stock_analysis @ [source]

The copper futures contract has jumped to a two-year high in recent weeks, with the brown metal lifting above the 50-month exponential moving average (EMA) and entering its first bull market in more than four years.

The new uptrend should offer buying opportunities in copper-exposed equities, which have traded poorly in the first half of 2017.

breakout buying copper decline exposure fund market play resistance year

 

Ocera Therapeutics (OCRX) is a clinical stage biopharmaceutical company, focused primarily on developing OCR-002 (ornithine phenylacetate) for the treatment of hepatic encephalopathy.

On January 30, 2017, Ocera reported topline results of its phase 2b trial of IV OCR-002 in hospitalized HE patients.

ammonia drug levels liver market OCR OCRX patient stock trial

 

Bank of America Merrill Lynch strategists are expressing an increasingly common sentiment on Wall Street — still on board the stock market train but increasingly skeptical about what's fueling the run.

The other two — accommodative central bank policies and earnings growth — are fading.

America bank BofA bond financial high increasingly market stock strategist

 

Donald who?

Big business was obsessed with President Trump after he won the election.

big business calls companies conference earnings FactSet President quarter Trump