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What Do Versartis' Troubles Mean For Opko Health?
Friday, September 22, 2017 - 11:26am | 597Versartis Inc (NASDAQ: VSAR) shares are slumping even as rival Opko Health Inc. (NASDAQ: OPK) is seeing slight strength, though not proportionate to the sell-off seen in Versartis shares. News Behind The Move Versartis announced Thursday after the market close that its Somavaratan, a long-...
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Sequenom Can't Go Back; Ladenburg Analysts Downgrade To Sell
Tuesday, September 29, 2015 - 4:29pm | 396Shares of Sequenom, Inc. (NASDAQ: SQNM) are down roughly 13 percent on Tuesday trading, following the company's investor day event on Monday. Following the gathering, analysts at Ladenburg Thalmann downgraded shares of the company from Neutral to Sell, setting a $0.90 price target. According to a...
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Tax Proposal has Potential Tax Consequences for Muni Bond ETFs
Tuesday, October 23, 2012 - 8:11am | 685Per a request by Sen. Max Baucus (D-Mont.), the Congressional Committee on Taxation released a report including revenue-generating ideas earlier tin October. In that report was a proposal that gained some attention earlier in 2012. That proposal is the repeal of the interest deduction for municipal...
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Colby Bullish On Municipal Bonds For Rest of 2012
Friday, October 12, 2012 - 4:06pm | 556Despite precarious financial positions for several large U.S. states and an increased number of municipal bankruptcies, ETFs tracking municipal bonds have been stellar performers in 2012. Jim Colby, portfolio manager and senior municipal strategist, responsible for Market Vectors municipal bond...
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Muni Bond ETFs Continue to Impress (HYD, MUB, XMPT)
Friday, June 1, 2012 - 12:24pm | 656Muni Bond ETFs Continue to Impress (HYD, MUB, XMPT) Despite being ensconced in controversy as states and cities struggle to get their fiscal houses in order, municipal bonds remain a favored asset class among income investors. Prized for their conservative posture, tax advantages and payouts that...
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Muni Bond ETFs And Retirees: A Match Made In Heaven?
Wednesday, May 16, 2012 - 8:11pm | 693As an asset class, municipal bonds have had plenty of negative headlines to deal with in the past several years. There was the credit crisis of 2008 and the ensuing recession of 2009-2010. Last year, noted analyst Meredith Whitney was featured on "60 Minutes," warning of impending doom in the muni...