Momentum Stocks

Apple to Face ‘Material’ Disappointment in 2019 as iPhone Revenues Will Decline 8%, New Street Says

Demand brought forward following the success of Apple’s (AAPL) iPhone X will drive an “air pocket,” leading to a material disappointment in the company’s performance in 2019, according to New Street. The introduction of a lower-price premium OLED phone won’t be enough to make up for the shortfall, the bank warned. Apple is likely facing a multi-year transition period, during […]

MagneGas Holds Preliminary Talks on Agricultural Sterilization Permitting Requirements in North Carolina

MagneGas (MNGA) said pre-market Monday that it has held a preliminary permitting meeting with the North Carolina Department of Environmental Quality (NCDEQ) and the US Army Corps of Engineers in a bid to gain a clear and complete understanding of the various regulatory and permitting requirements needed to begin scaled commercialized sterilization of agricultural waste in the state. The company […]

Shineco Signs Strategic Cooperation Deal With Government of Bayingolin Mongol – Shares Up 9%

Shineco (TYHT) shares were up almost 9% Monday morning after the maker of Chinese herbal medicines said that through its JV, Xinjiang Shineco Taihe Agriculture Technology, it has signed a strategic cooperation agreement with the People’s Government of Bayingolin Mongol Autonomous Prefecture for the company’s Apocynum Industrial Integration Construction Project. The company last month officially established its Apocynum Industrial Integration […]