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Barr blames Ambien for tweet; drug maker replies

The maker of Ambien said Wednesday that “racism is not a known side effect” after Roseanne Barr cited the insomnia drug in explaining the tweet that led ABC to cancel her show. Hours after ABC pulled the plug on “Roseanne” because of her offensive tweet about former Obama adviser Valerie Jarrett — and quickly breaking a promise to stay off Twitter — the comedian was busy posting on the social media platform. Barr tweeted that what she did was unforgiveable and urged supporters not to defend her. …read more […]

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There Still Are a Few Good Reasons to Hang on to Baidu Inc Stock

The headlines all paint a fairly dour picture for Baidu Inc (ADR) (NASDAQ:BIDU), and traders have certainly taken notice of the fact that BIDU stock has broken under some key support levels. Baidu’s COO and artificial intelligence leader Qi Lu is stepping down after less than two years on the job. It’s a problem, only because the company has spent the past year becoming an AI-centric company, largely under the guidance of Qi Lu. …read more […]

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Big Lots Stock Price and Research (NYSE: BIG)

Big Lots (NYSE: BIG) is a small cap company that operates within the multiline retail industry. Its market cap is $2 billion today and the total one-year return is -14.82% for shareholders.

Big Lots stock is underperforming the market. It’s beaten down, but it reports earnings soon. So is it a good time to buy? To answer this question we’ve turned to the Investment U Stock Grader. Our research team built this system to diagnose the financial health of a company.

Our system looks at six key metrics…

[iu-adbox]

✗ Earnings-per-Share (EPS) Growth: Big Lots reported a recent EPS growth rate of 22.55%. …read more […]

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The Summer’s Hottest Trends Are Colliding

For years I’ve enjoyed sharing my thoughts on emerging trends with you here at Investment U. I’ve covered everything from commodities to tech stocks to seasonal investing and beyond.

As you’re probably aware by now, Investment U is undergoing a transition. And this, sadly, will be my last column for the publication.

So I want to leave you by covering two of my favorite investing trends… which happen to be colliding.

Memorial Day weekend is now behind us.

While it traditionally marks the start of summer, the holiday also marks the start of one of my favorite – and one of the most profitable …read more […]

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Drugmaker to Roseanne Barr: Racism Not Among Ambien’s Side Effects

Sanofi’s sleeping pill Ambien has a long list of potential side effects, from dizziness to diarrhea to a midnight food binge. Racism is not among them, the French drugmaker said on Wednesday. Sanofi responded after Roseanne Barr blamed “Ambien tweeting” for a racial slur against former Obama administration adviser Valerie Jarrett. …read more […]

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NXP shares fall as China’s warning revives concerns over Qualcomm deal

Qualcomm lawyers were expected to meet this week in Beijing with China’s antitrust regulators in a final push to secure clearance, three sources told Reuters on Sunday. The meeting was expected before U.S. Commerce Secretary Wilbur Ross arrived in China on Saturday, the sources briefed on Qualcomm’s discussions had said. …read more […]

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Trump Wishes He’d Never Chosen Jeff Sessions as Attorney General

President Donald Trump said he wishes he’d never selected former U.S. Senator Jeff Sessions as his attorney general so that he could have picked someone else to oversee the probe of Russian meddling in the 2016 presidential election. In a series of tweets on Wednesday, Trump quoted an appearance by Representative Trey Gowdy in which he criticized Sessions for recusing himself from the probe and said Trump had many other options as his top law enforcement officer. “There are lots of really good lawyers in the country, he could have picked somebody else!” Gowdy said. …read more […]