Market News
Grab FPO Even Cheaper Than Its Secondary?
Forbes - 23 May 2013 16:08
Looking back to 2 days ago, First Potomac Realty Trust (NYSE: FPO) priced a 6,500,000 share secondary stock offering at $14.70 per share. Buyers in that offering made a considerable investment into the company, expecting...
Sears Seeks Options To Stay Alfoat After Dreary Q1 Loss
Forbes - 23 May 2013 23:00
Sears Holdings, the struggling retail chain controlled by a reclusive hedge fund manager, continued to see fewer customers enter its stores and unable to distance itself from speculation that is slowly approach an eventu...
Veteran fears 'beginning of the end' for Japan as bond market buckles
Telegraph - 23 May 2013 21:53
Global markets face a witches' brew of new risks as Japan's monetary adventure wobbles and China slows.
Snatch This Cheap 12.2% Yielder Even Lower Than Director Stark Did
Forbes - 23 May 2013 21:13
There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on May 8, Prospect Capital Corporation's Director, Eugene S. Stark, invested $5...
Top Buys by Directors: Kurland's $995.3K Bet on PMT
Forbes - 23 May 2013 21:09
The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to tak...
Daily Wrap: May 23, 2013
Forbes - 23 May 2013 20:55
The markets recovered some of their losses in the afternoon, despite continued uncertainty over the Federal Reserve's decision on when to pull back on monetary stimulus.
FTSE 100 suffers heaviest drop for a year
Telegraph - 23 May 2013 20:33
The blue-chip index tumbled as markets around the world plunged.
See How Argo Group International Holdings Ranks Among Analysts' Top Picks With Strong Buyback Activity
Forbes - 23 May 2013 20:25
A study of analyst recommendations at the major brokerages shows that Argo Group International Holdings Ltd (NASD: AGII) is the #30 broker analyst pick among those stocks screened by The Online Investor for strong stock ...
Canadian Oil Sands Strong Dividend History Helps Get It To The Top 25
Forbes - 23 May 2013 20:25
Canadian Oil Sands Ltd. (Toronto: COS) has been named as a Top 25 dividend stock, according the most recent Canada Stock Channel ''DividendRank'' report. The report noted that among the coverage universe, COS shares disp...
CommonWealth REIT's Series E Cumulative Redeemable Preferred Shares Cross 7% Yield Mark
Forbes - 23 May 2013 20:21
In trading on Thursday, shares of CommonWealth REIT's 7 1/4% Series E Cumulative Redeemable Preferred Shares (NYSE: CWH.PRE) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.8125), with s...
Simon Property Group Series J Cumulative Redeemable Preferred Shares Cross 6% Yield Mark
Forbes - 23 May 2013 20:20
In trading on Thursday, shares of Simon Property Group, Inc.'s 8 3/8% Series J Cumulative Redeemable Preferred Stock (NYSE: SPG.PRJ) were yielding above the 6% mark based on its quarterly dividend (annualized to $4.1875)...
Commit To Purchase Caesars Entertainment Corp At $2.50, Earn 24%
Forbes - 23 May 2013 20:16
Investors considering a purchase of Caesars Entertainment Corp (NASD: CZR) shares, but tentative about paying the going market price of $14.64/share, might benefit from considering selling puts among the alternative stra...
Commit To Buy InterMune At $5, Earn 44.6%
Forbes - 23 May 2013 20:15
Investors considering a purchase of InterMune Inc. (NASD: ITMN) shares, but tentative about paying the going market price of $9.99/share, might benefit from considering selling puts among the alternative strategies at th...
ARM shares slip on Intel concerns
Telegraph - 23 May 2013 20:13
ARM shares fell for a third consecutive day in a stormy session for the FTSE 100
P.M. Kitco Metals Roundup: Solid Gains For Gold On Safe-Haven Demand, Short Covering
Forbes - 23 May 2013 20:13
(Kitco News) - Comex gold futures prices ended the U.S. day session sharply higher Thursday. The "risk-off" trader attitudes in world the market place Thursday prompted good safe-haven demand--something the yellow metal ...
Agree To Purchase Freeport-McMoRan Copper & Gold At $20, Earn 8.3%
Forbes - 23 May 2013 20:08
Investors eyeing a purchase of Freeport-McMoRan Copper & Gold (NYSE: FCX) stock, but tentative about paying the going market price of $30.75/share, might benefit from considering selling puts among the alternative strate...
Agree To Buy Goodyear Tire & Rubber At $10, Earn 8.5%
Forbes - 23 May 2013 20:07
Investors eyeing a purchase of Goodyear Tire & Rubber Co. (NASD: GT) shares, but tentative about paying the going market price of $14.49/share, might benefit from considering selling puts among the alternative strategies...
Commit Purchase F5 Networks At $55, Earn 9%
Forbes - 23 May 2013 20:06
Investors eyeing a purchase of F5 Networks, Inc. (NASD: FFIV) stock, but cautious about paying the going market price of $81.40/share, might benefit from considering selling puts among the alternative strategies at their...
Agree To Buy LSI Corp At $5, Earn 10%
Forbes - 23 May 2013 20:05
Investors eyeing a purchase of LSI Corp (NASD: LSI) stock, but cautious about paying the going market price of $7.07/share, might benefit from considering selling puts among the alternative strategies at their disposal. ...
Agree To Buy Regeneron Pharmaceuticals At $165, Earn 9.8%
Forbes - 23 May 2013 20:04
Investors eyeing a purchase of Regeneron Pharmaceuticals, Inc. (NASD: REGN) shares, but tentative about paying the going market price of $256.05/share, might benefit from considering selling puts among the alternative st...
Mercedes duo master Monaco practice
CNN - 23 May 2013 19:38
Mercedes are ready for a "true test" in the Monaco Grand Prix after Nico Rosberg set the fastest practice time, closely followed by teammate lewis Hamilton.
Business news and markets: as it happened - Thursday, May 23
Telegraph - 23 May 2013 19:07
US markets fall as better-than-expected jobs numbers raise prospect of QE being pulled as Fed banker moves to reassure investors that central bank is "not that close" to winding down stimulus.