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  • The Beltway Factor Drug Shareholders Must Take Seriously
    Heard on the Street

    The Beltway Factor Drug Shareholders Must Take Seriously

    New FDA commissioner Scott Gottlieb is reshaping the drug industry with an ambitious agenda. Investors should watch him closely.

  • Heard on the Street

    Messy Jobs Report Obscures Potential Turning Point for Wages

    A sloppy jobs report had a clear message about wage gains and it isn’t positive news for stock investors.

    Messy Jobs Report Obscures Potential Turning Point for Wages
  • Heard on the Street

    No Reason to Buy Renault’s Fanciful Plans

    While General Motors is retreating to its lucrative but shrinking home market, Renault is pinning extravagant hopes on emerging-markets growth.

    No Reason to Buy Renault’s Fanciful Plans
  • Heard on the Street

    SoftBank’s Soft Valuation Is an Opportunity

    The market seems to be undervaluing the Japanese tech conglomerate’s collection of stakes in tech companies.

    SoftBank’s Soft Valuation Is an Opportunity
  • Heard on the Street

    Netflix Needs a Bigger Box Office

    The second season of the streaming service’s “Stranger Things” launches later this month—conveniently about a week after many of the company’s U.S. subscribers will be notified that their prices are going up.

    Netflix Needs a Bigger Box Office
  • Heard on the Street

    Europe Hardens Bad Loan Stance Just as Italy’s Oldest Bank Returns

    European regulators are turning up the heat on bad loans and Italy’s banks will feel it most.

    Europe Hardens Bad Loan Stance Just as Italy’s Oldest Bank Returns
  • Heard on the Street

    Looking for Bubbles in All the Wrong Places

    A key European junk-bond index yields less than 10-year U.S. Treasurys, the global benchmark for risk. It’s worth looking a little closer at this apparent through-the-looking-glass moment.

    Looking for Bubbles in All the Wrong Places
  • Heard on the Street

    Why Google’s Gadgets Are Worth the Reach

    Expanding product lineup helps the web giant get services into more hands.

    Why Google’s Gadgets Are Worth the Reach
  • Heard on the Street

    Curb Your Enthusiasm About the Jobs Report

    The way the stock market reacts to Friday’s jobs report may say more about the stock market than it does about jobs.

    Curb Your Enthusiasm About the Jobs Report
  • Heard on the Street

    Even Tougher Choices Ahead for Teva After FDA Shocker

    A surprise move from the Food and Drug Administration means that a recovery for Teva Pharmaceutical Industries just got much more difficult.

    Even Tougher Choices Ahead for Teva After FDA Shocker
  • Heard on the Street

    Auto Stocks Are on a Wild ‘Robotaxi’ Ride

    Car stocks have been strong not because of hopes that sales growth can be maintained, but on optimism about the capacity of manufacturers to withstand—even benefit from—the disruptive forces of technology.

    Auto Stocks Are on a Wild ‘Robotaxi’ Ride
  • Heard on the Street

    Fund Managers Put Their Money Where Their Mouths Are

    Fidelity International, the overseas sister company of U.S.-based Fidelity Investments, said it will soon begin offering equity funds that charge a slightly higher fee when they outperform their benchmark, but less if they underperform.

    Fund Managers Put Their Money Where Their Mouths Are
  • Heard on the Street

    Sorry, the Hong Kong Market Isn’t Really a Bargain

    Testing 10-year highs, Hong Kong’s benchmark Hang Seng looks cheap beside bubbly U.S. indexes—but it’s no bargain unless you really like Chinese banks and one particular tech company.

    Sorry, the Hong Kong Market Isn’t Really a Bargain