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>>>
(Editor’s Note: Pivot Technology Solutions Inc. trades with much greater liquidity on the TSX Venture exchange under ticker PTG.V.)
Pivot Technology Solutions Inc. (OTC:PVVTF) is a holding company of several different providers of IT solutions and hardware. It has focused its sales efforts largely on the SME market, rather than large enterprises, by marketing the fact it is not beholden....more>>>
Welcome to the latest edition of the Energy Recap. This week, we’re including a couple of different charts that focus on the oil rig count, crude oil futures, and crude oil production.
U.S. Oil Rig Count
Click to enlarge
Source: Baker Hughes, via here.
U.S. Crude Oil Futuresinvesting in gold: Curis, Inc.(CRIS)
The U.S. presidential election is up in the air right now–FiveThirtyEight’s model puts the odds at 58.9% for a Clinton victory, 41.1% for a Trump win. So Deutsche Bank’s David Bianco and team came up with two baskets of 15 stocks, one for a Trump victory, the second for a Clinton win. Here’s Bianco’s take on what might happen if Republican’s sweep both the presidency....more>>>
Shares of casino operators have been on the rise after news broke that monthly gaming revenue in Macau increased for the first time since May of 2014, likely driven mostly by new openings. The news sent shares of Las Vegas Sands (NYSE:LVS) up 7.4%, shares of Melco Crown Entertainment (NASDAQ:MPEL) up 8.7%, shares of Wynn Resorts (NASDAQ:WYNN) up 3.4%, and shares of MGM Resorts (NYSE:MGM) up 2.9%....more>>>
JMP analyst Devin Ryan argues that Goldman Sachs (GS) “is at the forefront of a tech revolution on Wall Street.” He explains:
We recently met with senior management at Goldman Sachs, including Marty Chavez, who runs the Technology business, and Paul Russo, who co-heads Equities Sales & Trading. We walked away with a greater appreciation for the firm’s....more>>>
Stocks rose for a third day as the Fed’s decision to leave interest unchanged yesterday continued to fuel the market.
The S&P 500 rose 0.7% to 2,177.18 today, while the Dow Jones Industrial Average advanced 98.76 points, or 0.5%, to 18,392.46. The Nasdaq Composite gained 0.8% to 5,339.52, a new record high.
BMO Capital Markets’ Brian Belski....more>>>
Intel’s freeD and Curie technologies are changing how we watch sports. Did he score or not? Was she in or out of bounds?
Despite multiple cameras covering major events, we still miss a lot of stuff when watching sports. We’re still not sure if the player was down before he fumbled. We missed the awesome pass, because the big guy was blocking our view of it.
Related HOT R.F. Lafferty Says China Consortium Bid For Starwood Trumps Marriott Offer By 15% The Market In 5 Minutes: Monday, March 14, 2016 Stocks Edge Lower In Early Trade; Starwood, Fresh Market Soar (Investor’s Business Daily) Related KNDI Mid-Day Market Update: GW Pharma Jumps On Positive Epidiolex....more>>>