Key takeaways A mortgage-backed security is an investment product that consists of thousands of individual mortgages. Investors can purchase MBSs on the secondary market and directly from the issuer. When MBS prices fall, residential mortgage rates tend to rise -- and vice versa. If you have a mortgage, you may be unknowingly participating in a mortgage-backed security (MBS). That...

12:30 AM EDT, 03/15/2024 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We decrease our 12-month target price by $0.90 to $3.00, which assumes an EV/sales multiple of 2.9x our 2024 sales estimate, below BLDP's trailing-12-months average forward EV/sales of 3.5x. We...

Stocks opened higher Thursday as investors took in some early morning updates on inflation and consumer spending. The positive price action quickly faded, though, as a selloff in semiconductor stocks sent the main indexes into the red.   Thursday's busy economic calendar included the February Producer Price Index (PPI), which measures what businesses are paying suppliers for goods. Data from...

04:55 AM EDT, 03/15/2024 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We keep our target price of $81, 20x our 2024 earnings per ADS estimate, in line with its historical average. AZN announced that it has entered into an agreement to...