Bill Marvin and Chris Seib (CTO and co-founder) action shot Meagan Ebersole | JP Morgan Chase J.P. Morgan Chase is buying medical payments technology firm InstaMed to push more deeply into the $3.5 trillion market for U.S. health-care spending. The bank agreed Friday to purchase InstaMed, a Philadelphia-based company of about 300 employees that processed
0 Comments
Michael Roman, CEO, 3M Scott Mlyn | CNBC Shares of industrial products maker 3M have been hit hard since the company’s disappointing first-quarter earnings report in April, and J.P. Morgan warned investors on Friday that there is more pain to come. J.P. Morgan analyst Stephen Tusa said in a note that 3M’s “premium valuation is unjustified by
0 Comments
After Apple (NASDAQ: AAPL) reported its earnings recently, many analysts predicted that Apple’s business prospects in China would stabilize. However, America’s recent tariff hike and the level of negative rhetoric on both sides are big headwinds for Apple stock. Source: Shutterstock In the last two quarters, Apple has blamed the slowdown of its sales in
0 Comments
Shares of Facebook (NASDAQ:FB) haven’t been able to sidestep the selling pressure over the past few weeks. Shares have pulled back, with FB stock falling from roughly $200 down to $180. However, the pullback has been very orderly so far and is even finding some moving average support. Source: Shutterstock Is this investors’ chance to
0 Comments
If you’re like me, the current bout of trade-induced volatility isn’t sitting too right. And while swings and bear markets are a part of investing, the kind of big plunges we’ve recently seen does make for some sleepless nights. Which is why the stocks to buy today could be America’s blue-chip stocks. Blue-chip stocks don’t
0 Comments
In a market near all-time highs, chemical stocks look like a potential source of value. Shares of top chemical companies still look reasonably cheap, with many priced at a mid-teen — or lower — multiples to earnings and free cash flow. That said, there are some reasons why the sector appears cheap. Chemical stocks are
0 Comments