The big news over the weekend has been Facebook Inc.’s (NSDQ:FB) announcement to buy backstock worth $6B, starting in Q1 2017. This was a first in the history of the company. While it can come across as a surprise for a growing company to announce a share repurchase offering, the recent drop in FB stock price could have forced the management into action. The FB stock price is down by over....more>>>
This post is sponsored by TD Ameritrade
The last few Fridays haven’t been kind to the Street, with the market closing lower three weeks in a row. Will today be a different story?
Exactly one year after setting its all-time intra-day high, the S&P 500 index (SPX) starts Friday well below that level, but appeared ready....more>>>
The short interest data are out for the most recent settlement date, November 15. Generally speaking, companies within the biotech industry are considered a riskier group of stocks, with big potential upside and big potential downside. Now that the U.S. presidential election is over and Hillary Clinton is out of the picture, major biotech companies can breathe a little easier knowing that the pressure....more>>>
William Patalon III
In yesterday’s Private Briefing, we gave you the first half of our report on the “$13 Billion Gold Market Anomaly.”
In it, we explained what that anomaly is shared with you the one stock that will allow you to play it.
That’s Anglo American PLC (OTC ADR: NGLOY). I told you Anglo American is poised to deliver an ultimate “backend....more>>>
By Stephen Innes
The key European and US equity benchmarks have closed flat overnight as traders take to the sidelines ahead of tonight’s Non-Farm Payroll. The DAX had traded up 1% in early European time, spurred on by a much better-than-expected China manufacturing PMI report and the tailwind from the active UK PMI, only to reverse gains on a destitute US manufacturing ISM.
Related OII Earnings Scheduled For February 10, 2016 Oceaneering Announces Vessel Services Agreement, Expected To Commence In Nov 2015, Contract Provides 4-Option Periods Of 6-months Each Related WG Earnings Scheduled For March 9, 2016 Mid-Afternoon Market Update: Netflix Drops Following Baird Downgrade; Lululemon Shares....more>>>