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Trump Seeks To End Conservatorship Of Fannie And Freddie In Housing Finance System Overhaul
Wednesday, March 27, 2019 - 2:11pm | 626Read More...The White House announced on Wednesday that, after years of waiting, Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) will finally be free of their government conservatorship. What Happened President Trump is expected to sign a memorandum initiating...
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PG&E Continues Fall After Credit Rating Cut To Junk Status
Tuesday, January 8, 2019 - 2:40pm | 419Read More...Things went from bad to worse Tuesday for PG&E Corporation (NYSE: PCG) and its investors after a credit rating downgrade sent shares tumbling for the second straight day. After Monday's close, S&P Global cut PG&E Corp’s credit rating from BBB- to B, a move that drops the...
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2019: A Big Year For The FCC
Monday, December 31, 2018 - 10:47am | 421Read More...For the Federal Communications Commission, 2018 was a year of preparation for the rollout of 5G networks. But while this year was certainly a busy one for the FCC, Height Securities analyst Chase White said Monday that 2019 will be even more action-packed. The FCC will be dealing with...
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The Positives, Negatives Of Altria's $12.8-Billion Investment In Juul Labs
Thursday, December 20, 2018 - 10:44am | 519Read More...Cigarette maker Altria Group Inc (NYSE: MO) reached an agreement with vape company Juul Labs in which the Marlboro parent company bought a 35-percent stake in Juul for $12.8 billion. CNBC reported Thursday that the deal includes a $2-billion dividend payment from Altria to Juul employees...
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The Market Impact Of Trump AG Nominee William Barr
Friday, December 7, 2018 - 12:19pm | 554Read More...Markets had little reaction Friday to the latest shakeup in the White House after President Trump announced he will be nominating William Barr to serve as the next attorney general. What To Know Barr, who previously served as attorney general under George H.W. Bush for a little over a year, will...
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Market Experts React To G20 Summit
Monday, December 3, 2018 - 2:34pm | 1149Read More...U.S. stocks got a big lift Monday after the G20 meeting over the weekend cleared up some major uncertainties for investors. The G20 produced some major developments on the trade war front, with the U.S. and China agreeing to a 90-day truce while a deal is negotiated. In addition, Russia and Saudi...
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9 Policy Catalysts For Health Care Investors To Watch Before Year's End
Sunday, November 25, 2018 - 9:35am | 989Read More...Health care investors are entering both the final stretch of 2018 and the final weeks of a GOP-controlled House of Representatives. Height Capital Markets analyst Andrea Harris surveyed nine potential health care catalysts that investors should be watching between now and the end of December...
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How Long Before The FDA Could Ban Menthol Cigarettes?
Friday, November 23, 2018 - 11:43am | 543Read More...Earlier this month, the U.S. Food & Drug Administration announced its latest efforts to restrict tobacco companies marketing to teens. Tobacco investors are watching closely to see how the FDA plans to attack and how the industry will respond. Latest From The FDA On Nov. 15, FDA head...
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PG&E Drops Another 25% After $3B Wildfire Drawdown
Wednesday, November 14, 2018 - 12:37pm | 585Read More...PG&E Corporation (NYSE: PCG) stock is in free-fall, dropping as much as 30 percent Wednesday after the company said it experienced an “electric incident” prior to the beginning of the Camp Fire in California and told investors its insurance would not be able to cover its...
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Trump Threatens European Auto Tariffs, But May Have Himself To Blame For Record Trade Deficit
Tuesday, November 13, 2018 - 12:24pm | 699Read More...After returning from a trip to Europe, President Donald Trump is reportedly meeting with his trade team Tuesday to discuss an ongoing report by the Commerce Department related to a potential tariff on European automakers. Trump has been targeting China, Europe and other trade partners in his...
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Everything We Know About The California Fires
Monday, November 12, 2018 - 11:35am | 639Read More...PG&E Corporation (NYSE: PCG) stock plunged Monday after a 12-percent drop Friday as investors grow increasingly concerned about the financial impact of the California wildfires. Although there is no evidence as of yet that the Camp Fire, the Hill Fire or the Woolsey Fire were caused by...
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What Acting AG Matthew Whitaker Means For Investors
Friday, November 9, 2018 - 1:37pm | 435Read More...In addition to a shift in the House majority and the passage of a number of new ballot measures this week, investors got one more major curveball from Washington when President Donald Trump ordered U.S. Attorney General Jeff Sessions to step down from his position and selected Matthew Whitaker as...
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How The FDA May Be Overstepping Bounds With New E-Cigarette Policy
Friday, November 9, 2018 - 11:31am | 485Read More...The Food and Drug Administration aims to extend Obama-era policies restricting e-cigarette sales to teen consumers. As early as next week, FDA Commissioner Scott Gottlieb will deliver a plan to: Tighten age verification for online sales; Advance a ban on menthol flavoring in combustible cigarettes...
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What Jeff Sessions' Resignation Could Mean For Cannabis Stocks
Thursday, November 8, 2018 - 1:18pm | 635Read More...Investors got some good news Tuesday night, but perhaps none got better news than marijuana stock investors. In addition to a Democratic House win and legalization measures passing in Michigan and Missouri, the cannabis industry lost one of its biggest opponents in Washington on Wednesday afternoon...
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The Election's Impact On Energy, Fracking
Thursday, November 8, 2018 - 11:02am | 793Read More...The initial market reaction to the U.S. midterm elections was certainly positive. But now that the dust has started to settle, energy investors are digging deeper to determine exactly what the fallout will be from a divided Congress. Height Capital Markets recently addressed the potential election...
