Exelixis, Inc. (NASDAQ:EXEL) CEO Michael Morrissey sold 40,000 shares of Exelixis stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $24.64, for a total value of $985,600.00. The transaction was disclosed in a filing with the Securities & Exchange Comm
News articles about Thermal Energy International (CVE:TMG) have been trending somewhat negative recently, according to InfoTrie. The research firm identifies positive and negative press coverage by monitoring more than 6,000 news and blog sources in real time. The firm ranks coverage of public c
The Consumer Cyclicals sector currently earns an Unattractive rating based on the market-weighted aggregation of the 443 stocks we cover in the sector. The Amazon (NASDAQ:AMZN) impact and slow growing economy has led to declining profits and even bankruptcy for many companies in the sector. However, a few companies have overcome these struggles and managed to thrive.
There is a lot of noise in the stock market. Every day, discrete events send stocks up and down. These discrete events can be company-specific, like earnings reports, murmurs about mergers and acquisitions, analyst upgrades and downgrades, or investor presentations. Those discrete events can also be macro-related, including economic data or geopolitical news.
Netflix, Inc. (NASDAQ:NFLX) stock has doubled in the last 12 months, climbing steadily from $160 per share to $328.19 per share as of Wednesday’s close. In recent years, the company has been spending more and more money on content development — a reality that’s left NFLX with over $15 million in liabilities in 2017 compared to a third of that total in 2014.
Twenty-First Century Fox Inc (NASDAQ:FOXA) is getting a lot of attention these days from two entertainment powerhouses. First, Walt Disney Co (NYSE:DIS) offered an all-stock deal for most of Fox’s film, television, cable channels and National Geographic and FX properties, as well as its regional sports networks. Then, after the Fox board approved the terms of the deal, cable giant Comcast....More>>>
The stock market has been a bit volatile this year, but there are some sectors that are still experiencing significant share price gains. For example, the Nasdaq 100 Technology Sector is up about 22% over the past 12 months. Those gains are pretty impressive, but a handful of tech stocks, including Square (NYSE:SQ) and Netflix (NASDAQ:NFLX), have seen their share prices jump about five times as....More>>>
There was a lot to like when premium-format theater company IMAX (NYSE:IMAX) reported the financial results for its just-completed first quarter. Revenue of $85 million grew 23% year over year, adjusted earnings per share of $0.21 tripled compared to the prior-year quarter, and the company made significant headway on its initiatives to increase box office and margins while decreasing expenses.
The Dow Jones today projected a 61-point decline as investors prepared for the president’s announcement on Iran. According to European diplomats, U.S. President Donald Trump is expected to withdraw the United States from the deal, despite the fact that rejecting the pact is likely to foster an international crisis.
As global upheaval continues to rock market, gold has staged a....More>>>
A few weeks back, Wall Street was talking about how a robust earnings season was going to save the market. The theory was that really strong quarterly earnings would offset the macro headwinds which have weighed on stocks, and that the market would head higher as a result.
Earnings season is now here. The numbers have been very good, as expected. First-quarter earnings growth has run at 24%....More>>>
May 4, 2018: Markets opened slightly lower Friday but traders didn’t wait long to put equities on a dead path up and to the right. A not-too-bad report on non-farm payrolls threatened to raise worries about inflation but some pressure is off now that trade talks with China have begun. Tech stocks also performed especially well in the session.
WTI crude oil for June delivery settled....More>>>
Shares of Six Flags Entertainment Corp (NYSE:SIX) were only up about 5.5% in Wednesday’s pre-market trading session. But those gains more than doubled once the regular trading session began, with SIX stock jumping 12% in early trading.
A loss of 74 cents per share came in ahead of expectations calling for a 78 cents per share loss. However, revenue soared, climbing almost 30% year-over-year....More>>>
Since Comcast Corporation (NASDAQ:CMCSA) stomped on the Walt Disney Co (NYSE:DIS) bid for Twenty-First Century Fox Inc’s (NASDAQ:FOXA) assets in late February, bidding $31 billion for Sky PLC (ADR) (OTCMKTS:SKYAY), shares in both bidders have fallen.
But Comcast has fallen harder and faster, now down nearly 15%. This has taken its market cap down to $156.8 billion,....More>>>
Google may dominate digital advertising, but there's still a $70 billion market for television ads in the United States that the Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) subsidiary has been pretty much locked out of.
Roku (ROKU) is a OTT ("over the top" that is, streaming) media solution that is mostly known for selling hardware (streaming devices you plug into your TV). However, its business is mostly a platform business and we know that these kinds of businesses offer many opportunities to generate revenues