Trump to Direct DOL to Delay Fiduciary Rule: Sources
Trump Issues Order to Knock Out 2 Regs for Every New One
Trump Order to Delay DOL Fiduciary Rule Said to Be Coming Soon
Pershing announced Wednesday afternoon that Lori Hardwick will be leaving her position as chief operating officer at the firm this week, after only 11 months as the No. 2 executive at the Jersey City, New Jersey-based firm, part of the Bank of New York Mellon.
Hardwick was named COO effective Feb. 29, 2016, succeeding in that position 26-year Pershing veteran Lisa Dolly, who was named CEO two weeks earlier, succeeding the retiring Ron DeCicco.
Pershing veteran Dolly succeeds Ron DeCicco, who will retire. She will be the first female CEO at Pershing.
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Top 5 High Tech Stocks To Buy Right Now: Cresud S.A.C.I.F. y A.(CRESY)
- [By Cameron Swinehart]
Cresud (CRESY) –
An Argentinean based agriculture company that currently owns roughly 2.4 million acres of farmland in Argentina, Brazil, Paraguay and Bolivia. CRESY produces a variety of crops consisting of soybeans, corn, and sugarcane. It also has operations in beef cattle and milk production. In the second quarter, Cresud sold 4 of its farms for roughly $60.5 million and saw large gains in its farmland development business. CRESY is currently trading down roughly 60% from its highs back in late 2010. Many farming companies have struggled to release value for shareholders with the drop in crop prices but now many are beginning to see value with the sale of farmland.
Top 5 High Tech Stocks To Buy Right Now: Clean Energy Fuels Corp.(CLNE)
- [By Jason Hall]
Natural gas for transportation leader Clean Energy Fuels Corp (NASDAQ:CLNE) has steadily grown and improved the quality of its business and business results over the past several years. Today’s Clean Energy Fuels is leaner, has a stronger balance sheet, and is in a solid position as a market leader in a growth industry.
- [By Michael Vodicka]
Clean Energy Fuels Corp. (CLNE) designs, builds and operates natural gas filling stations in the United States. The company supplies compressed natural gas (CNG) and liquefied natural gas (LNG), serving a fleet of 650 customers, more than 32,000 natural-gas vehicles while owning or supplying more than 350 filling stations in 32 states.
- [By Paul Ausick]
Clean Energy Fuels Corp. (NASDAQ: CLNE) dropped about 3.6% Wednesday to post a new 52-week low of $1.62 after closing at $1.68 on Tuesday. The stock’s 52-week high is $3.12. Volume was about 2 million, about 30% above the daily average of around 1.3 million. The company had no specific news.
- [By Lisa Levin]
In trading on Wednesday, energy shares fell by 1.72 percent. Meanwhile, top losers in the sector included Clean Energy Fuels Corp (NASDAQ: CLNE), down 5 percent, and Frontline Ltd. (NYSE: FRO), down 7 percent.
Top 5 High Tech Stocks To Buy Right Now: GTx Inc.(GTXI)
- [By Roberto Pedone]
One biopharmaceutical player that’s rapidly moving within range of triggering a major breakout trade is GTx (GTXI), which is dedicated to the discovery, development and commercialization of small molecules that selectively target hormone pathways to treat cancer, osteoporosis and bone loss, muscle loss and other serious medical condition. This stock has been hammered by the bears so far in 2013, with shares off sharply by 53%.
If you look at the chart for GTx, you’ll notice that this stock recently gapped down sharply from over $4 to below $1.50 a share with heavy downside volume. Following that gap down, shares of GTXI have rebounded sharply and started to uptrend, with the stock moving higher from its low of $1.31 to its recent high of $1.96 a share. During that move, shares of GTXI have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of GTXI within range of triggering a major breakout trade.
Traders should now look for long-biased trades in GTXI if it manages to break out above some near-term overhead resistance at $1.96 a share with high volume. Look for a sustained move or close above that level with volume that hits near or above its three-month average action of 1.35 million shares. If that breakout triggers soon, then GTXI will set up to re-fill some of its previous gap down zone from August that started just above $4 a share. Some possible upside targets if GTXI gets into that gap with volume are $2.50 to $3 a share, or possibly even $3.50 a share.
Traders can look to buy GTXI off any weakness to anticipate that breakout and simply use a stop that sits right below some key near-term support at $1.50 a share. One can also buy GTXI off strength once it takes out $1.96 a share with volume and then simply use a stop that sits a comfortable percentage from your entry point.
Top 5 High Tech Stocks To Buy Right Now: Valmont Industries, Inc.(VMI)
- [By WWW.THESTREET.COM]
In the Lightning Round, Cramer was bullish on Masco (MAS) , American Electric Power (AEP) and Valmont Industries (VMI) .
Cramer was bearish on Wisconsin Energy (WEC) .
Top 5 High Tech Stocks To Buy Right Now: Callon Petroleum Company(CPE)
- [By Lisa Levin]
Benzinga's newsdesk monitors options activity to notice unusual patterns. These large volume (and often out of the money) trades were initially published intraday in Benzinga Professional . These trades were placed during Thursday’s regular session.