• Erik Swarts is an independent trader and market technician. He writes the superb and provocative Market Anthropology Blog.

    As Apple (AAPL) pulls into another earnings report after the bell Wednesday, we thought we would update our momentum comparative that has painted the inflections and trajectory on the tech behemoth quite closely over the past 16 months.

    While Apple's performance this year has not surprisingly consolidated the strong upside reversal witnessed in 2013, the momentum going into earnings is still presenting an upside bias for the stock.

    As one of the only individual equity names that we cover closely and carry, we continue to like the position. With a return of almost 40% over the past year, the value potential in Apple has both outperformed the broader indexes (SPX~20% & Nasdaq~29%) and its closest tech contemporaries - even Google (~35%) and Amazon (~27%).

    Considering our expectations that risk aversion and volatility are poised to rise in the equity markets through

    Read More »from Apple looks bullish into earnings
  • Stocks ended the day in the green. The Dow (^DJI) was up 0.40% The Nasdaq (^IXIC) up 0.97% and the S&P 500 (^GSPC) up 0.41%. Investors had a lot of news to digest with upbeat earnings reports from Netflix (NFLX), Comcast (CMCSA) and Harley-Davidson (HOG), a miss from McDonald’s (MCD) and a flurry of pharmaceutical deals.

    There were big moves between Novartis (NVS), GlaxoSmithKline (GSK) and Eli Lilly (LLY) with the firms announcing several multi-billion dollar deals between them. Meanwhile, billionaire hedge fund manager Bill Ackman’s Pershing Square Capital Management and Valeant Pharmaceuticals (VRX) announced a bid for Allergan (AGN), the maker of Botox. Shares of Valeant were up 6.87% and shares of Allergan were up 15.25%.

    Related: Big pharma deals signal next phase of growth

    After the closing bell today, watch for earnings from another pharmaceutical giant, Amgen (AMGN). AT&T (T) and Yum Brands (YUM) will also report after the close.

    In other corporate news, General Motors (GM)

    Read More »from Earnings and big pharma deals drive stocks up
  • When Camila Slusarczyk’s daughter turned one, the Vancouver mom threw a birthday party that would have impressed Juliette Binoche. The rented venue had French doors leading out to a pretty patio. Paris was the theme, and the event for 24 children came complete with France Gall music playing in the background, a mini Louvre where kids painted on small canvases, and macarons, clafoutis, and éclairs to eat, along with two pink ombre cakes. She even had a pink and black colour scheme — classic Chanel.

    Slusarczyk made the invitations and decorations herself, and instead of handing out goody bags full of cheap plastic toys, she sent the kids home with a home-made cookie in the shape of the Eiffel Tower. But she admits she still spent a small fortune — a little over $1,000, in fact.

    Would she do it again?

    “Yes,” she says emphatically. “It was fun. I know the little one had no clue what was going on, but it was exactly how I envisioned it. I have my memories and my photos, and this kind of

    Read More »from Birthdays on a budget: How to cut the cost of kids’ parties
  • Apple (AAPL) reports earnings Wednesday after the market close. Wall Street is not expecting particularly impressive results. The focus of most Apple investors appears to be on the new products Apple is expected to roll out in the second half of this year.

    And those products are indeed critical for the company and its stock price.

    Related: Apple is too big to keep a lid on the rumor mill anymore — Here’s the latest

    A few years ago, Apple was one of the greatest growth stories in the stock market. For more than a decade, the company astounded Wall Street with one smashing quarter after another. Eventually, Apple's lead in smartphones and tablets seemed insurmountable, and Apple's stock price soared above $700 per share.

    But then the premium smartphone market hit maturity, and smaller, cheaper tablets began to gobble up more and more market share.

    And now Apple is no longer a growth company.

    In fact, based on Wall Street's estimates for this quarter, it's a shrinking company.  Gene

    Read More »from It's put up or shut up time for Apple
  • Characters like Jordan Belfort (the DiCaprio-depiction) and Gordon Gekko fill the big screen and young minds with dreams of Wall Street grandeur and luxury. And maybe once-upon-a-time working for a big bank was full of such excess, but today, says Kevin Roose, it’s less about a spoil of riches and more about long hours and thankless work.

    Roose followed eight young Wall Street hopefuls over the course of three years for his book "Young Money." What he found was that the job wasn’t quite what they expected it to be. “It wasn’t anything like The Wolf of Wall Street,” he says.

    “It was like a dystopian nightmare. They got there and were immediately thrust into these jobs where they were working sometimes 100 to 110 hours a week. There’s a thing called the bankers 9-to-5…where you show up for work at 9am and you don’t leave until the next day at 5am.”  

    Related: What it's really like to work on Wall Street

    The young bankers also found that a certain shame came with holding their job titles

    Read More »from Working on Wall Street is 'a dystopian nightmare': Kevin Roose
  • A new pipeline is releasing crude oil that had been stuck in the middle of the country and feeding it to refineries in the Gulf of Mexico. While that refinery is shipping gasoline and diesel to the East Coast, a growing portion of that oil is going to other countries like Brazil, the Netherlands and Mexico.

    The Wall Street Journal, citing the U.S. Energy Information Association, reports that the country’s gas stockpiles are at their lowest levels for this time of year since 2011, while the average price for a gallon of gas on Monday was $3.68, up 4.2% compared to a year ago.

    Nancy White, a spokesperson for AAA, is quoted in The Wall Street Journal saying, “Production is going overseas, so that impacts the supply here, and that will drive prices up.”

    In the corresponding video, Senior Columnist Mike Santoli spoke with Lauren Lyster about gas prices and exports. He says one of the reasons companies are selling oil overseas is that Americans are driving less. “Miles-driven has not yet

    Read More »from Poll: Should the U.S. reduce gasoline exports in response to rising prices at home?
  • Nearly six years after the financial crisis sent the global economy reeling and nearly four years after Dodd-Frank legislation passed Congress, not much has happened to address one of the key causes of the 2008 meltdown: The Rating Agencies.

    "It is scandalous and barely believable...that credit rating agencies are still being hired and paid exactly as they were in the bad old days," Princeton professor and former Fed vice chair Alan Blinder writes in his latest WSJ op-ed.

    In the accompanying video, Blinder discusses three proposals to address the "issuer-pays" model of compensation:  

    Increase agencies' legal liabilities: "As things stand now, it is nearly impossible to sue a rating agency successfully...because ratings are deemed to be 'opinions' protected by free speech," Blinder writes.

    Pay rating agencies via a third party: "The nub of the problem is the people getting these ratings are paying for them," Blinder says. If rating agencies were paid by "something other than the

    Read More »from "Sticking out like a sore thumb": Alan Blinder wants to reform the ratings agencies
  • Now that the Social Security Administration has decided to begin mailing out paper benefit statements to workers again, we might start looking forward to getting snail mail for once. Or at least we should.

    Beginning in September, workers older than 25 will begin receiving their benefits statements once every five years. Benefit statements provide a detailed snapshot of how much you can expect to earn in monthly Social Security benefits when you hit retirement age, plus your estimated disability and Medicare benefits.

    We know. It all sounds a little backward. When 80% of Americans have access to the Internet at home, why waste government resources to send us information we could easily find online? After all, the Social Security Administration (SSA) went digital in 2012 to save money.  

    The reality is that only a fraction (6%) of workers are currently signed up to get their statement online, according to the SSA. If you’re young, healthy and working today, chances are you aren’t too

    Read More »from This is one Social Security document you don't want to toss
  • Netflix (NFLX) CEO Reed Hastings learned the hard way that announcing a big price increase can blow up into a huge controversy. So for his latest effort to charge more, he’s moving slowly – very slowly.

    Along with Monday’s quarterly earnings release for Wall Street, Hastings said the cost of Netflix would go up $1 to $2 a month for new customers, depending on the country. Current customers will be “generously grandfathered” for at least a year, maybe two. Hastings had foreshadowed the increase on January’s earnings call as well, confirming that Netflix was testing different price points.

    But at the current popular price of $7.99 a month, Netflix is growing like mad and expanding worldwide. It gained almost 12 million paying members over the past year and revenue was up 24%. So why the need for a price increase?

    Further, there's obviously some risk for Hastings with this tactic. Back in 2011, his plan to spin off DVD operations into a new unit called Qwikster and raise prices 60% had

    Read More »from Why Netflix is raising your monthly bill as much as 20% — eventually
  • To make it far in Hollywood, one needs talent, looks and a good agent. Some of Hollywood's biggest stars have been able to secure multi-millions for movie projects that otherwise would have netted them only a small fortune. Take A-list celeb Sandra Bullock, for instance. Her Oscar-nominated performance in "Gravity" earned her rave reviews...and an estimated $70 million paycheck. Bullock was paid $20 million upfront for her role in Alfonso Cuaron's space thriller and then received a big cut of the movie's box office receipts; "Gravity" took in $710 million worldwide.

    Bullock's decision to forgo her usual salary in exchange for back end points is not unusual: Bruce Willis, Cameron Diaz, Johnny Depp, Keanu Reeves and Tom Hanks have also reaped huge financial rewards for clever contracts.

    "If you’re really an A-list star and you’ve got negotiating clout...you can share in the pot of gold," says Adam Markovitz, senior writer at Entertainment Weekly, in the video above.

    The deal Diaz

    Read More »from The top Hollywood deals negotiated by actors
  • Charlie Bilello, CMT is the director of research at Pension Partners, LLC. He's responsible for strategy development, investment research and communicating the firm's investment themes and porfolio positioning to clients. Follow Charlie's smart Twitter stream here > @MktOutperform.

    One of the most misused and destructive phrases in the investment world is the notion of a “stock picker’s market.”

    In a relentless uptrending market, investors become highly confident in their ability to pick stocks and almost any name they buy is going “up and to the right.” We saw the most extreme example of this in 2013, which set a record in terms of breadth with 93% of stocks in the S&P 500 finishing positive on the year. Never mind the fact that a blindfolded monkey throwing darts was likely to pick a winning stock last year; most investors came out of 2013 believing they were the next Warren Buffett.


    In a sideways or down market as we are observing this year (52% of stocks in the S&P 500 are positive

    Read More »from There's no such thing as a "stock picker's market"
  • American workers may be finally taking the hint about the best time to cash in on Social Security benefits.

    In 2012, 37.2% of men and 42.4% of women took advantage of early retirement benefits at age 62, according to new data released by the Social Security Administration. That’s compared with more than half of both men (50.3%) and women (54.3%) who couldn’t wait to get their hands on their retirement benefits in 2004.

    Those who waited heeded the warnings of countless financial experts who advise retirees to delay their benefits for as long as possible. The earliest beneficiaries can start collecting Social Security is 62. The later workers start collecting benefits, the higher their monthly income will be (the average monthly benefit in 2014 for a 62-year-old who began working at age 22 is $1,992 vs. $3,425 for a 70-year-old).

    But as positive as this new data may be, it still paints a grim picture of our reliance on Social Security as a source of income in retirement. Only 5.2% of men

    Read More »from More Americans are following this smart Social Security strategy
  • Here’s a look a look at some of the stocks the Yahoo Finance team will be watching for you today.

    Dow component McDonald's (MCD) reported earnings that missed Wall Street estimates. Earnings came in at $1.21, $0.03 shy of estimates. Revenue was up 1.4% percent year over year to $6.7 billion. After disappointing sales last quarter, that was just short of the $6.73 billion analysts were expecting. McDonald's has been facing rising competition, notably from Taco Bell and its new breakfast campaign that takes direct aim at McDonald's.

    Gilead Sciences (GILD) is expected to report earnings after the close today. Yesterday, the company announced the Food and Drug Administration accepted two new drug applications for HIV treatments. Also yesterday, Citigroup (C) said Gilead topped its list of best "buy"-rated stocks with a market cap of at least $3 billion. Citi said it believes Gilead will generate significant cash. The company is expected to report a jump in revenue to $3.9 billion in the

    Read More »from Stocks to watch: MCD, GILD, CMCSA, NFLX
  • There are big moves in the pharmaceutical sector this morning. Swiss drug giant Novartis (NVS), Britain's GlaxoSmithKline (GSK) and U.S.-based Eli Lilly (LLY) announced a series of deals and joint ventures. Novartis is selling Glaxo its oncology business for $14.5 billion and its vaccines business for $5 billion. The two companies will also form a joint venture to create a consumer drug giant. And Eli Lilly will buy Novartis' animal health unit for $5 billion.

    Separately, Bill Ackman's Pershing Square and Valeant Pharmaceuticals (VRX) announced a bid for Botox maker, Allergan (AGN). The cash and stock deal could be worth about $45 billion dollars. Ackman’s Pershing Square Capital Management is Allergan’s largest shareholder, with 9.7% of the company’s stock.

    This flurry of big pharma deals follows yesterday's reports of a possible $100 billion merger between Pfizer (PFE) and AstraZeneca (AZN).

    Yahoo Finance Senior Columnist Michael Santoli said the deals appear to be a signal that

    Read More »from Big pharma deals signal next phase of growth
  • Home values in more than 1,000 U.S. cities are expected to surpass their pre-2008 levels within the year, according to a new report released today by Zillow.

    "It's definitely a mixed bag of news,” says Humphries in the video above. “On the one hand you’re happy that home prices are recovering so nicely. On the other hand home values were definitely overvalued in 2006 and the fact that just so shortly after the greatest housing recession of the century we’re already seeing a lot of metros return to their peak levels is a sign for how robust the recovery is...but some markets are definitely in danger of overheating again.”

    Related: Momentum may be changing in the housing market: Robert Shiller

    He continues: "In some markets, people are spending more of their incomes on a mortgage than they did during the 15 years before the housing runoff," says Humphries. "Broadly speaking though, at a national level we think homes are still very affordable."

    (Watch the video to see which markets are

    Read More »from Housing is in danger of overheating again: Zillow's Stan Humphries
  • There is "absolutely no doubt" in Thomas Piketty's mind that increased inequality in the U.S. contributed to the financial crisis that slammed the housing and financial markets in 2007 and 2008.

    The author of this year's hot-selling economics book, Capital in the Twenty-First Century, writes, "One consequence of increasing inequality was virtual stagnation of the purchasing power of the lower and middle classes in the United States, which inevitably made it more likely that modest households would take on debt, especially since unscrupulous banks and financial intermediaries .... offered credit on increasingly generous terms."

    Related: U.S. inequality looks like Europe before WWI: Thomas Piketty

    And that borrowing, as we know, left many mortgage holders with much more debt than they could handle. Foreclosures soared, mortgage lenders failed and some top Wall Street firms heavily involved in the mortgage-backed securities market like Bear Stearns and Lehman Brothers went bankrupt.

    Read More »from How income inequality can lead to more financial crises
  • There are big moves in the pharmaceutical sector this morning. Swiss drug giant Novartis (NVS), Britain's GlaxoSmithKline (GSK) and U.S.-Eli Lilly (LLY) announced a series of deals and joint ventures. Novartis is selling Glaxo its oncology business for $14.5 billion and its vaccines business for $5 billion. The two companies will also form a joint venture to create a consumer drug giant. And Eli Lilly will buy Novartis' animal health unit for $5 billion.

    Separately, Bill Ackman's Pershing Square and Valeant Pharmaceuticals (VRX) announced a bid for Botox maker, Allergan (AGN). The cash and stock deal could be worth about $45 billion. Ackman’s Pershing Square Capital Management is Allergan’s largest shareholder, with 9.7% of the company’s stock.

    This flurry of big pharma deals follows yesterday's reports of a possible $100 billion merger between Pfizer (PFE) and AstraZeneca (AZN)

    Some of the other stocks the Yahoo Finance team will be watching for you today include McDonald’s (MCD).

    Read More »from Big moves in Pharma; McDonald's earnings; Gas prices on the rise
  • The market kicked off a busy earnings week on a positive note. The Dow (^DJI) was up 0.25% The Nasdaq (^IXIC) was up 0.64% and the S&P 500 (^GSPC) was up 0.38%.

    Netflix (NFLX) is scheduled to report its quarterly results after the close today. McDonald’s (MCD) reports Tuesday before the open. Also on tap this week: Facebook (FB), Amazon (AMZN), Ford (F) and about 150 other S&P 500 companies.

    Meanwhile, a measure of the U.S. economy’s health rose for the third consecutive month in March. The Conference Board’s leading indicators rose 0.8% in March versus expectations of 0.7%. The Conference Board economists see “accelerated growth for the remainder of the spring and summer." The gains in the index were driven by improved outlooks on hiring and the consumer.

    In corporate news, Microsoft’s (MSFT) acquisition of Nokia’s (NOK) devices and services unit will close on Friday. The deal was originally slated to close in March, but was held up by Chinese government approval, which was received

    Read More »from Stocks start the week on a positive note
  • Lynne and Tim Martin are breaking all the rules of retirement.

    At a time when they had every right to kick back in their cozy Paso Robles, Calif., home and live out their golden years surrounded by children, grandchildren and friends, they chose to sell their house, pack their lives in two rolling duffel bags, and see the world.

    Since 2010, Lynne, 73, and Tim, 68, have been chronicling their journey on their popular blog, HomeFreeAdventures.com, where they share the rules of living “home free” as they learn them first-hand. This week, Lynne’s memoir, “Home Sweet Anywhere,” hit shelves. Lynne retired from a career in public relations, and Tim retired from his job running a small electronics firm.

    Their lifestyle is the stuff of dreams for most retirees, but the couple’s decision to travel full time was very much rooted in reality.

    “We looked very carefully at what our overhead was living in California, and what it cost us to wake up every morning in our house,” says Lynne. “We added

    Read More »from 'Home Sweet Anywhere': Why these retirees traded their home for life around the world
  • Subscriptions aren’t just about magazines or “wine of the month” clubs anymore. The variety of subscription services has expanded to everything from unlimited coffee and dog treats, to movies and designer footwear.

    It’s a wonder people bother driving to the store anymore.

    On Thursday, Target announced it will vastly expand its subscription-based online service, giving customers the chance to sign up for regular shipments of nearly 1,600 products at a 5% discount.

    If anything, Target (TGT) is late to the subscription service game. Amazon.com (AMZN) has run a subscription service for two years and even though Walmart’s attempt to join the party crashed and burned (it shut down its $7-a-month snack subscription service less than a year after launching), it’s clear that the business model is here to stay.

    It’s not hard to see the appeal of subscription-based shopping. If you’re a caffeine addict who drinks three cups a day, or you’re a parent who can never have enough diapers lying

    Read More »from Subscription-based services are changing the shopping game
  • French economist Thomas Piketty has been making many headlines in the U.S. with his message that income inequality is not going away and will probably get worse.

    Related: U.S. inequality looks like Europe before WWI: Thomas Piketty

    Nobel Prize winner Robert Shiller says the U.S. should take action now to protect against this future scenario by indexing income taxes to inequality. He outlined his proposal this month in The New York Times.

    "Some measure of inequality is necessary in any functioning capitalist economy," he says in the video above. "The risk is that it will get much worse in the future."

    His proposed "contingency plan" would automatically raise taxes on richer people -- but only if inequality gets worse. This system would be dictated by a formula written into the tax code, which would adjust rates continually. Shiller thinks the change might be politically feasible since it wouldn't raise taxes now.

    The kinks include an exorbitant top tax rate. Shiller found that in his

    Read More »from Tax the rich more if inequality gets worse: Robert Shiller
  • Is Wall Street right to ignore Ukraine?

    The sometimes-violent fracturing of Ukraine has commanded international headlines, evoked scary comparisons with Cold War-era diplomatic chess games and spurred the White House to send Vice President Biden to Kiev, in a bid to calm the crisis.
     
    So why are global financial markets mostly shrugging over the geopolitical drama?
     
    Sure, the Russian stock market (RSX) and the world value of the ruble (RUB=X)  have been hammered as Western economic sanctions take hold. Potential disruptions of Ukrainian grain shipments have lent force to the rally in some agricultural commodities. And Continental Europe is bracing for potentially crippling constraints in Russia’s crucial natural-gas exports.
     
    Yet, on the whole, stock markets have registered little alarm over possible economic and geopolitical ripple effects from Russia’s de facto annexation of the Crimean region and apparently building risk of all-out civil war in Ukraine.
     
    Even when U.S. stocks hit an air

    Read More »from Why Wall Street doesn’t care about the Ukraine crisis
  • By his own admission, Thomas Piketty is "better about analyzing the past than the future" and says his much ballyhooed book Capitalism in the Twenty-First Century is "primarily a book about the history of wealth."

    But the Paris School of Economics professor has touched a nerve -- The New York Times says he is getting "rock star" treatment -- largely because of the policy prescriptions he's recommending to address rising income inequality, not for providing a 700-page history lesson.

    Related: U.S. inequality looks like Europe before WWI: Thomas Piketty

    Piketty recommends a "global tax on capital," Specifically, he's calling for a 5% to 10% annual tax on all assets -- stocks, bonds, real estate, natural resources, art, yachts, etc. - owned by individuals with a net worth of a least $1 billion. According to Forbes, a record 1645 people can call themselves billionaires, and thus would be subject to to this "wealth tax".

    Piketty's other big recommendation -- "a progressive tax on net

    Read More »from Thomas Piketty's Rx for income inequality: "You don't need to go all the way to socialism"
  • Tesla Motors (TSLA) CEO Elon Musk said he expects to be making cars in China in the next three to four years. The company is preparing to begin deliveries of the Model S electric vehicle in China this month, and is building a network of battery charging stations throughout the country. In the associated video, Yahoo Finance Editor-in-Chief Aaron Task talks with Lauren Lyster about Tesla potentially manufacturing its vehicles in China.

    Selling cars that are manufactured in the country would allow Tesla to avoid paying a 25% import tariff. However Task – who disclosed he owns Tesla stock – points out that manufacturing cars in the country would mean they’d also have to share technology with China. “I can’t imagine that Elon Musk and Tesla would want to do that.”

    Even if the cars were manufactured in China, it might be difficult to get people to buy them there. First, there’s the price. The Model S will go on sale in China for 734,000 yuan, or $118,000. That’s compared to the $71,000

    Read More »from Tesla CEO Elon Musk wants to manufacture its cars in China
  • If you’re getting cash back this year from filing your income taxes, hold off on booking those plane tickets. There are ways to get the most bang for your refund bucks.

    1. Redirect your refund into your Registered Retirement Savings Plan (RRSP)

    “If you spend your RRSP refund … you unknowingly end up investing less than you started with, and less than most think,” says financial educator Talbot Stevens, author of The Smart Debt Coach. “If you spend your RRSP refund, you are converting dollars that have already been taxed into RRSP dollars that will be taxed again later when you withdraw the funds.

    “Many people mistakenly think that if they put $3,000 in their RRSP and spend their refund, they’ve added $3,000 to their retirement fund,” he adds. “But if you’re in a 40 per cent tax bracket and spend the $1,200 refund, you’ve only invested $1,800 of the $3,000 you started with.”

    And if you reinvest that $1,200, you’ve already contributed $4,200.

    2. Pay down debt

    Attack those high-interest

    Read More »from Top 6 moves to make with your income tax refund
  • Though you may not know her name (yet), Bethany Mota is a superstar. Millions of young girls are familiar with this “Mota-vator,” an 18-year-old YouTube personality who has built herself a media and fashion empire — all from the comfort of her Northern California bedroom. 

    Now with her own clothing line at retailer Aeropostale, Bethany’s rising stardom goes far beyond her “MACBARBIE07” -- a YouTube channel that's generating an estimated $40,000 per month and has garnered over 300 million views since she launched it. She is an inspiration to pre-teens everywhere who’ve ever struggled with boredom, shyness and bullying.  

    Home-schooled as a child, Bethany entered public school in junior high but decided it wasn’t for her after a devastating bout of cyber-bullying in 2009. Bored, lonely and looking for an outlet, she redirected her energy into an unexpected hobby: creating YouTube videos for girls just like her that offered make-up tips and fashion advice, among other things.

    [Related:

    Read More »from From Bullied to Bank: How Bethany Mota Created a YouTube and Fashion Empire
  • The disappearing manufacturing industry in the United States is causing some U.S. cities to start disappearing, or at least to start shrinking even as the nation’s population rises. 24/7 Wall Street reports that 30 U.S. metro areas saw their population shrink at least 1% between 2010 and 2013. And it’s no coincidence that the cities that saw the sharpest decline are located in areas that once were driven by manufacturing: Pennsylvania, Ohio and Michigan, among others.

    The sharpest decline overall was in Pine Bluff, Arkansas, which saw a 4.4% decline in population between 2010 and 2013, according to 24/7 Wall Street’s analysis of U.S. Census data. That’s more than 1,000 people per year leaving the area. One reason for the exodus is almost certainly a lack of jobs. Pine Bluff’s unemployment rate was over 10% last year.

    Flint, Michigan – known as one of the former hubs of U.S. auto manufacturing – also ranked as one of the fastest-shrinking cities on the list. Its population declined

    Read More »from America’s incredible shrinking cities
  • Bitcoin regulations from around the world

  • Shares of Sarepta Therapeutics (SRPT) surged in pre-market trading after the pharmaceutical company announced plans to submit a new drug application to the Food and Drug Administration for a muscular dystrophy treatment by the end of this year. The company today said it received guidance from the FDA that will allow it to apply for regulatory approval of its eteplirsen treatment for Duchenne Muscular Dystrophy.

    Shares of Barrick Gold (ABX) and Newmont Mining (NEM) were on the move in pre-market trading after reports that merger talks between the world's biggest gold mining companies hit a snag over the holiday weekend. According to Bloomberg, the companies had agreed to an all-stock deal that was to be announced this week, but broke down over agreement on the spin-off of some Australian and New Zealand assets.

    Hasbro (HAS) beat Wall Street earnings estimates before the opening bell. Earnings per share came in $0.04 better than expected. Revenue rose 2.4% year over year, but missed

    Read More »from Stocks to watch: SRPT, ABX, NEM, HAS, KMB, NFLX, LNKD
  • Estimize is a free open online platform that allows users to contribute their own financial forecasts. By tapping into the wisdom of the crowd, Estimize has created a data set that is more representative of actual market expectations and is more accurate than the traditional Wall Street consensus up to 69.5% of the time.

    Monday: Netflix (NFLX)

    After reaching all time highs in early March, Netflix has plummeted nearly 25% as the market experienced a broad rotation out of high growth momentum tech stocks into more conservative value oriented dividend paying equities. Shares surged last quarter after Netflix beat EPS expectations by 13c per share. Look for big revenue growth Monday and there are whispers that the company may announce a raise in subscription prices which could translate to a significant boost in future profitability.

    Tuesday: VMware (VMW)

    VMware is an American software company that specializes in cloud and virtualization technology and services. Over the past 2 years VMware

    Read More »from Huge week ahead: Estimize earnings preview for the week of April 21

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