stockmarket

Mattress Firm Files for Chapter 11 Bankruptcy Protection

Mattress Firm Files for Chapter 11 Bankruptcy Protection

Mattress Firm, the largest U.S. mattress company is filing for Chapter 11 bankruptcy protection. Chapter 11 bankruptcy is a way for retailers to get out of unwanted leases. Across the U.S., Mattress Firm has 3,500 locations which in the past were in..

GE CEO Stands to Gain on GE Ressurgence

GE CEO Stands to Gain on GE Ressurgence

Last Monday, General Electric (NYSE: GE) announced their new CEO, Larry Culp, the 1st outside-hire CEO in 126 years. Culp was the former CEO of Danaher (NYSE: DHR), an industrial manufacturing company.Culp will be demanded to revive the Company&rsqu..

Tesla Model 3 Achieved the Lowest Probability of Injury of any Vehicle Ever

Tesla Model 3 Achieved the Lowest Probability of Injury of any Vehicle Ever

Tesla Inc. (NASDAQ: TSLA) announced in a blog post on Sunday that the Model 3 has achieved the goal of being the safest vehicle ever built.In the blog post, Tesla said that the National Highway Traffic Safety Administration (NHTSA) gave the Model 3 ..

International Stocks Up, Dollar Rebounds

International Stocks Up, Dollar Rebounds

International equity indexes went north on January 16, all set for wide gains. The European shares lighted up the way, taking their direction from positive trading trends in Asia-Pacific region. The US dollar also bounced up from its three year low ..

No Three Percent Slump: Stock Market Record Created

No Three Percent Slump: Stock Market Record Created

Wall Street exhibits no volatility which the Trump era had brought. The Standard & Poor 500 has not dipped three percent from previous peaks since the slump. The latter ended on November 4, 2016- only four days before the Presidential election. ..

The One Thing that Could Interfere with Stock Market Performance

The One Thing that Could Interfere with Stock Market Performance

It seems like the American stock market is almost unshakable. There is absolutely nothing that can disturb its record level performance. The S&P 500 Index closed at 2,575.21 for the forty-ninth time in 2017 and has to its credit 350 days of trad..

Valeant Pharmaceuticals Announced Q2 Earnings, Shares Jumped

Valeant Pharmaceuticals Announced Q2 Earnings, Shares Jumped

On Tuesday, Valeant Pharmaceuticals Intl Inc (NYSE: VRX) announced its financial results for the second quarter. With earnings beating estimates, shares of the company increased 7.6% to $16.54 per share in morning trading on Tuesday after the announ..