Why is Deere & Co (DE) Stock Gaining 13% Today?
On Friday, shares of agricultural equipment maker Deere & Company DE are gaining big, up around 13% in late afternoon trading after the company raised its fiscal 2016 guidance after reporting strong third quarter results .
Why is Monster Worldwide (MWW) Stock Up 8% Today?
Shares of Monster Worldwide MWW are up over 8% in afternoon trading on Friday after news that MediaNews Group, its largest stakeholder, raised objections over the company’s proposed sale. Based in Weston, MA, Monster is an online recruitment service and parent company of Monster, the global careers website. On August 10 th , Monster reported... Read More →
Bears Are Betting Big Against Gogo Inc. Are They Wrong?
Image source: Getty Images It should be no surprise that demand for in-flight connectivity is growing. For some of today’s uber-connected workers, nothing is worse than having to go hours without the internet. That might lead you to believe the industry’s first-mover and largest player — Gogo (NASDAQ: GOGO) – would be a great stock... Read More →
Intel Corporation’s Kaby Lake for Desktops Looks Like a Winner
Intel’s new chip-development methodology. Image credit: Intel. Last year, microprocessor giant Intel (NASDAQ: INTC) released products based on its Skylake architecture for desktop systems. Skylake represented a brand-new architecture manufactured in the company’s then-new 14-nanometer manufacturing technology. Although the lineup of Skylake-based desktop processors consisted of a wide range of products, perhaps the two most... Read More →
Intel Corporation's Kaby Lake for Desktops Looks Like a Winner
Intel’s new chip-development methodology. Image credit: Intel. Last year, microprocessor giant Intel (NASDAQ: INTC) released products based on its Skylake architecture for desktop systems. Skylake represented a brand-new architecture manufactured in the company’s then-new 14-nanometer manufacturing technology. Although the lineup of Skylake-based desktop processors consisted of a wide range of products, perhaps the two most... Read More →
Weekly CFO Buys Highlights
According to GuruFocus Insider Data, recent chief financial officer (CFO buys were: Babcock and Wilcox Enterprises Inc. ( BW ), Papa Murphy Holdings Inc. ( FRSH ) and Quorum Health Corp. ( QHC ). Babcock and Wilcox Enterprises: Senior vice president and CFO bought 12,000 shares Senior Vice President and CFO Jenny L. Apker bought... Read More →
Here’s Why Private Prison Stocks Rebounded Today
The U.S. Department of Justice announced plans Thursday to phase out its use of private prisons, sending the publicly-traded companies in the industry, Corrections Corporation of America CXW and the GEO Group GEO , tumbling as much as 40%. However, both stocks bounced back on Friday after investors realized that the Justice Department’s decision wasn’t... Read More →
Here's Why Private Prison Stocks Rebounded Today
The U.S. Department of Justice announced plans Thursday to phase out its use of private prisons, sending the publicly-traded companies in the industry, Corrections Corporation of America CXW and the GEO Group GEO , tumbling as much as 40%. However, both stocks bounced back on Friday after investors realized that the Justice Department’s decision wasn’t... Read More →
Why Melco Crown, U.S. Steel, and Pure Storage Slumped Today
Image source: U.S. Steel. Friday was a down day for the market, but investors didn’t push the major market benchmarks particularly far as the streak of low volatility in the broader market continued. Losses for the Dow and S&P 500 were limited to less than a quarter percent each, keeping both indexes within spitting distance... Read More →
Insys Therapeutics Starts Enrollment in Cannabidiol Trial
Insys Therapeutics, Inc . INSY announced that it has enrolled the first patient in a phase II trial on its pharmaceutical cannabidiol (CBD) product candidate. The candidate is being evaluated for the treatment of cocaine dependence. The trial will determine the effects of CBD on the management of craving and withdrawal symptoms along with prevention... Read More →