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Consumer Prices Accelerated At Their Fastest Pace In Nearly 13 Years In May

Consumer prices accelerated at their fastest pace in almost 13 years in May as inflation pressures continued to ramp up. The Labor Department said the consumer price index—which represents a basket including food, energy, groceries, housing costs, and sales across a spectrum of goods—rose 5% year-over-year, while economists had expected a gain of 4.7%. May’s reading marks the highest gain in the CPI since August 2008. “The strength in the top line indices was driven l...

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Sunworks Inc (NASDAQ: SUNW): Sunworks announced yesterday that it will be added to the Russell Microcap Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the market opens on June 28. “Being added to the Russell Microcap® Index is a testament to the hard work of our entire organization and continues the momentum following our business comb...

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CALM reinstated its dividend – a positive sign for long-term investors. What about value?

In the early stages of the pandemic, a lot of companies reduced or eliminated their dividend payouts altogether as a way to preserve cash to weather the difficult conditions imposed by COVID restrictions. While understandable, it also provided a simple method to filter through the market and identify the stocks that best fit my preferred investing method. The fact that a lot of stocks also dropped to or near historical lows during that time also helped, as valuations across the board improved...

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BioCryst Pharmaceuticals, Inc., a biotechnology company, discovers oral and small-molecule medicines. The company markets peramivir injection, an intravenous neuraminidase inhibitor for the treatment of acute uncomplicated influenza under the RAPIVAB, RAPIACTA, and PERAMIFLU names; Mundesine, an oral purine nucleoside phosphorylase inhibitor for peripheral T-cell lymphoma; and ORLADEYO, an oral serine protease inhibitor to treat hereditary angioedema. It is also developing BCX9930, an oral fa...

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