Market News
Notable Thursday Option Activity: NFLX, EQIX, ATVI
Forbes - 27 Oct 2016 19:37
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Netflix Inc. (NASD: NFLX), where a total volume of 73,114 contracts has been traded thus far today, a contr...
Tempur Sealy shares jump after earnings beat estimates
CNBC - 27 Oct 2016 23:19
Tempur Sealy climbed more than 7 percent after the mattress company released earnings that easily topped analysts' estimates.
ServiceNow shares surge as billings crush expectations
CNBC - 27 Oct 2016 23:17
Shares of ServiceNow surged after the company reported third-quarter earnings above analyst expectations.
The Bubble You Never Even Thought Was A Bubble: Dividends
Forbes - 27 Oct 2016 23:07
The belief that you should be invested in "safe" stocks is pervasive, no matter what the valuation is.
Google parent Alphabet sees earnings, revenue beat and announces $7 billion buyback
CNBC - 27 Oct 2016 23:06
Alphabet reported quarterly earnings that topped analysts' estimates and revenue that beat expectations on Monday.
Coca-Cola's Organic Revenue Grows 3% In Q3; Results Marred By Structural Changes
Forbes - 27 Oct 2016 22:38
The Coca-Cola Company reported its Q3 results on October 26, and it was another quarter where negative currency translations and structural changes hindered top line growth. Organic revenue rose 3% year-over-year in Q3, ...
Qualcomm's NXP Ride Worth a Big Toll
Wall Street Journal - 27 Oct 2016 21:53
The deal would give Qualcomm exposure to the automotive and other growth sectors, making it worth the cost of the chip maker's overseas cash.
Thursday Sector Laggards: Services, Industrial
Forbes - 27 Oct 2016 20:33
The worst performing sector as of midday Thursday is the Services sector, showing a 1.0% loss. Within that group, O'Reilly Automotive, Inc. (NASD: ORLY) and News Corp (NASD: NWSA) are two large stocks that are lagging, s...
Thursday Sector Leaders: Technology & Communications, Healthcare
Forbes - 27 Oct 2016 20:32
The best performing sector as of midday Thursday is the Technology & Communications sector, up 0.6%. Within the sector, Level 3 Communications, Inc. (NYSE: LVLT) and F5 Networks, Inc. (NASD: FFIV) are two large stocks le...
Notable Thursday Option Activity: HBI, XOM, DLTR
Forbes - 27 Oct 2016 20:27
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in HanesBrands Inc (NYSE: HBI), where a total of 38,964 contracts have traded so far, representing approximately 3.9 mi...
Noteworthy Thursday Option Activity: LLL, HSY, COP
Forbes - 27 Oct 2016 20:27
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in L-3 Communications Holdings Inc (NYSE: LLL), where a total volume of 2,094 contracts has been traded thus f...
'Touch Bar' Spices Up New MacBook Pro Keyboard For An Extra $300
Forbes - 27 Oct 2016 20:22
Apple's latest top-of-the-line MacBook Pro laptops have a touching surprise.
Bank of America's Preferred Stock, Series D Yield Pushes Past 6%
Forbes - 27 Oct 2016 20:08
In trading on Thursday, shares of Bank of America Corp.'s 6.204% Non-Cumulative Preferred Stock, Series D (NYSE: BAC.PRD) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.551), with share...
Deutsche Bank Investors Stuck Waiting for an Unwanted Call
Wall Street Journal - 27 Oct 2016 19:49
The lack of a resolution on fines leaves the German lender vulnerable.
Tesla Meets Its Delivery Targets And Reports An Operating Profit
Forbes - 27 Oct 2016 19:44
Tesla Motors (NASDAQ: TSLA) reported earnings for the third quarter of fiscal year 2016 on Wednesday, October 26th. In the July-September period, the company delivered 24,821 vehicles, 16,047 of which were Model S delive...
Noteworthy Thursday Option Activity: UPS, EA, RCL
Forbes - 27 Oct 2016 19:37
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in United Parcel Service Inc (NYSE: UPS), where a total of 17,548 contracts have traded so far, representing approximat...
Noteworthy Thursday Option Activity: ALXN, USB, BLK
Forbes - 27 Oct 2016 19:36
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Alexion Pharmaceuticals Inc. (NASD: ALXN), where a total volume of 6,098 contracts has been traded thus far...
No Signs Of Profit Taking In VIX ETFs
Forbes - 27 Oct 2016 19:27
The VIX index has increased every day this week. As I wrote about this weekend inDoubling Down On VIX,we saw inflows into UVXY, TVIX and VXX in spite of VIX falling. This week, with VIX rising, we have actually seen the ...
Could Whiting Petroleum Reemerge As a Takeover Target?
Forbes - 27 Oct 2016 18:44
One analyst thinks the Denver oil and gas company is attractive takeout bait given its reduced debt and low valuation.
Invesco Brings in the Cash
Wall Street Journal - 27 Oct 2016 18:41
Invesco's diversification makes it the rare asset manager to get cash from investors when most funds are flowing to giant index-fund firms.
3,000-horsepower electric car goes 340 mph
CNN - 27 Oct 2016 18:15
Did you know the first car to go more than 60 mph (100 kph) was electric?
Elon Musk Surprises Wall Street With Tesla Profits
Forbes - 27 Oct 2016 18:14
Yesterday, Tesla reported a profit for the third quarter. Wall Street did not expect this and the stock started the day up over 2%. In June, Gorden Lam told us that "The Catalyst For Tesla Is Production." I checked in wi...