1. Topsy-turvy stocks: The volatility of the past few trading days could continue into Wednesday.
U.S. stock futures are moving down, indicating all the major indexes could drop by about 1% at the open.
Meanwhile, European markets are in recovery mode after falling by 2% to 3% on Tuesday.
News that German Chancellor Angela Merkel had struck a deal with her center-left rivals to form a coalition government could be supporting market sentiment. The breakthrough follows four months of uncertainty.
Asian markets ended with mixed results. The Shanghai Composite dropped by 1.8% on Wednesday. It’s lost as much as 8% since a recent peak in late January.
On Tuesday, after a gut-wrenching drop in the morning, U.S. markets staged a big recovery. The Dow Jones industrial average closed with a 2.3% gain, while the S&P 500 rose 1.7% and the Nasdaq surged by 2.1%.
2. Wynn steps down: Steve Wynn has stepped down as CEO of Wynn Resorts after allegations of sexual misconduct piled pressure on the billionaire casino mogul and sent the company’s stock tumbling.
Hot Casino Stocks To Buy Right Now: Corning Incorporated(GLW)
- [By ]
Companies at the top of the backbone buildout food chain included Cisco Systems (Nasdaq: CSCO), the scandalous and now-defunct Worldcom, Nokia (NYSE: NOK), Ericsson (Nasdaq: ERIC), and old-tech-turned-new-tech Corning (NYSE: GLW). I’ve owned, traded, and written about Corning in the past. It’s time to have another look.
- [By Timothy Green, Leo Sun, and Steve Symington]
If you’re looking for high-yield stocks to buy, three of our contributors have some ideas. Here’s why you should consider adding Corning (NYSE:GLW), Cisco Systems (NASDAQ:CSCO), and Seagate Technology (NASDAQ:STX) to your dividend portfolio.
- [By Ethan Ryder]
Media headlines about Corning (NYSE:GLW) have trended somewhat positive this week, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Corning earned a daily sentiment score of 0.18 on Accern’s scale. Accern also assigned news coverage about the electronics maker an impact score of 46.8078554040753 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
- [By Travis Hoium]
Corning Inc. (NYSE: GLW) isn’t a flashy, headline-grabbing tech stock, but it supplies key components to technologies we use every day. Its specialty glass goes into LCD screens large and small, its fiber optic cables play a key role in the modern telecommunications infrastructure, and its Gorilla Glass can be found in a wide array of smartphones.
- [By Peter Graham]
Back on December 5th of 2013, we added Corning (GLW) to our list around $16 and change. The stock ended up moving to a high of just over $25 per share early last year for roughly a 50% gain. Well, the stock has since come off again trading all the way back down to under $16 per share back in August of last year, before finding its way back up above $18 just yesterday. The context here is two-fold. First, the valuation metrics for GLW are once again suggesting another undervalued opportunity for a Company that is the clear leader in specialty glass and ceramics.
Hot Casino Stocks To Buy Right Now: Cross Country Healthcare, Inc.(CCRN)
- [By Lisa Levin]
Heat Biologics, Inc. (NASDAQ: HTBX) shares tumbled 48.59 percent to close at $1.275 on Thursday after the company priced its $18,000,000 public offering.
InVivo Therapeutics Holdings Corp. (NASDAQ: NVIV) fell 38.77 percent to close at $8.26 on Thursday.
Check-Cap Ltd. (NASDAQ: CHEK) shares tumbled 27.43 percent to close at $8.81.
Achaogen, Inc. (NASDAQ: AKAO) dropped 24.76 percent to close at $11.06 in reaction to a disappointing update from an FDA AdCom panel. The FDA panel voted favorably for the company's Plazcomicin for treatment of adults with complicated urinary tract infections, but also voted against the therapy to be used as a treatment for bloodstream infections.
Anika Therapeutics, Inc. (NASDAQ: ANIK) shares declined 24.68 percent to close at $34.80 after the company posted downbeat quarterly results.
LSC Communications, Inc. (NASDAQ: LKSD) shares fell 24.22 percent to close at $12.64 following wider-than-expected Q1 loss.
Cardinal Health, Inc. (NYSE: CAH) fell 21.42 percent to close at $50.80 following downbeat quarterly profit.
Horizon Global Corporation (NYSE: HZN) dropped 20.42 percent to close at $6.00 following downbeat quarterly earnings.
Hornbeck Offshore Services, Inc. (NYSE: HOS) slipped 20.11 percent to close at $2.90 following wider-than-expected Q1 loss.
Esperion Therapeutics, Inc. (NASDAQ: ESPR) fell 19.28 percent to close at $36.93. Esperion Therapeutics stock lost roughly a third of its value Wednesday after the company reported mixed Phase III results for its leading drug candidate, bempedoic acid. JP Morgan downgraded Esperion Therapeutics from Neutral to Underweight.
Laredo Petroleum, Inc. (NYSE: LPI) declined 17.77 percent to close at $8.98 after the company reported weaker-than-expected Q1 earnings.
The Habit Restaurants, Inc. (NASDAQ: HABT) dipped 16.1 percent to close at $8.60 after the company reported downbeat quarterly results.
Arcadia Biosciences, Inc. (N
- [By ]
Activist investor Glenn Welling of Engaged Capital LLC, the insurgent investor agitating for changes at TiVo, Rent-a-Center, on Tuesday, May 15, revealed new positions in Aratana Therapeutics Inc. (PETX) , Cross Country Healthcare Inc. (CCRN) and Finisar Corp. (FNSR)
Hot Casino Stocks To Buy Right Now: Boardwalk Pipeline Partners L.P.(BWP)
- [By ]
Boardwalk Pipeline Partners LP (NYSE: BWP) — While not directly tied to the price of oil due to its focus on the natural gas sector, Boardwalk does fall into the energy column. While the company’s revenue and EPS growth is lackluster and the yield (3.27%) is way below that of a typical energy MLP, the idea behind owning Boardwalk units is the deep discount of the actual assets of the company. The stock trades at just 50 cents on the dollar to the stated book value of the company and, as the company’s wheelhouse is storage and movement of natural gas and natural gas liquids (a now booming U.S. export business), real value will be unlocked. It’s just a matter of time.
- [By Stephan Byrd]
Shares of Boardwalk Pipeline Partners (NYSE:BWP) traded up 5.8% on Thursday . The stock traded as high as $10.31 and last traded at $10.26. 190,760 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 2,588,689 shares. The stock had previously closed at $9.70.
- [By Tyler Crowe]
Investors have been waiting for years for Boardwalk Pipeline Partners (NYSE:BWP) to fix the issues of debt and profitability that forced management to cut its payout. The path to repair these issues has been agonizingly slow, however, as Boardwalk posted another quarter of results that don’t suggest a return to a higher payout anytime soon.
Hot Casino Stocks To Buy Right Now: Luby's, Inc.(LUB)
- [By Lisa Levin]
Check out these big penny stock gainers and losers
Prothena Corporation plc (NASDAQ: PRTA) shares dipped 69 percent to $11.48 after a disappointing update relating to the company's treatment for AL amyloidosis. Prothena, a clinical-stage biopharmaceutical company that focuses on therapies in the neuroscience and orphan categories, said a Phase 2b study of its therapy called NEOD001 failed to achieve its primary or secondary endpoints. Prothena's Phase 2b study explored its NEOD001 therapy versus a placebo in previously-treated patients with AL amyloidosis and persistent cardiac dysfunction.
Gridsum Holding Inc. (NASDAQ: GSUM) fell 44.3 percent to $4.06. Gridsum reported suspension of audit report on financial statements.
Flotek Industries, Inc. (NYSE: FTK) shares declined 34.1 percent to $4.16 as the company issued weak revenue forecast for the first quarter.
Akorn, Inc. (NASDAQ: AKRX) dropped 32.3 percent to $13.35 after Fresenius terminated its merger deal with Akorn.
Chicago Bridge & Iron Company N.V. (NYSE: CBI) fell 31.2 percent to $13.44. Subsea 7 made an unsolicited bid to buy McDermott for $7 per share. However, the acquisition offer is contingent on McDermot terminating its pending merger with Chicago Bridge & Iron.
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS) dropped 18 percent to $5.76. Controladora Vuela recently reported first-quarter results that showed a loss for the quarter. Imperial Capital downgraded Controladora Vuela Compania de Aviacion from Outperform to In-Line.
Atossa Genetics Inc. (NASDAQ: ATOS) fell 18.2 percent to $2.8797 after declining 19.35 percent on Friday.
Alcoa Corporation (NYSE: AA) fell 12.3 percent to $52.63.
Luby's, Inc. (NYSE: LUB) shares declined 10.3 percent to $2.448 following Q2 results.
Aceto Corporation (NASDAQ: ACET) shares tumbled 10 percent to $2.26.
Pier 1 Imports, Inc. (NYSE: PIR) dipped 9.7 percent
- [By Max Byerly]
Headlines about Luby’s (NYSE:LUB) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Luby’s earned a news impact score of 0.10 on Accern’s scale. Accern also gave news coverage about the restaurant operator an impact score of 47.2262144037183 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Hot Casino Stocks To Buy Right Now: Peoples Bancorp Inc.(PEBO)
- [By Joseph Griffin]
BidaskClub downgraded shares of Peoples Bancorp (NASDAQ:PEBO) from a strong-buy rating to a buy rating in a report released on Friday.
Several other equities analysts have also recently issued reports on PEBO. Boenning Scattergood reissued a hold rating on shares of Peoples Bancorp in a research note on Wednesday, April 25th. Hovde Group set a $39.00 price objective on shares of Peoples Bancorp and gave the company a hold rating in a research note on Tuesday, April 24th. Zacks Investment Research raised shares of Peoples Bancorp from a hold rating to a buy rating and set a $37.00 price objective on the stock in a research note on Wednesday, January 10th. ValuEngine raised shares of Peoples Bancorp from a hold rating to a buy rating in a research note on Tuesday, April 24th. Finally, Sandler O’Neill reissued a hold rating and issued a $37.00 price objective on shares of Peoples Bancorp in a research note on Tuesday, January 23rd. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Peoples Bancorp has a consensus rating of Hold and a consensus target price of $38.00.
Hot Casino Stocks To Buy Right Now: Corium International, Inc.(CORI)
- [By Motley Fool Staff]
Corium International (NASDAQ:CORI) Q2 2018 Earnings Conference CallMay. 14, 2018 5:00 p.m. ET
Prepared Remarks Questions and Answers Call Participants