William Patalon III
Just one month after a U.S.-deployed missile-defense system became operational in South Korea, the Pentagon said that a futuristic missile-interceptor system that will protect the U.S. mainland against strikes from Iran, North Korea and China passed a key test.
The test of the much-maligned defense system comes as the threat of a nuclear strike is rising at a pace not seen since the Cold War.
This new missile interceptor is known, technically, as the Ground-based Midcourse Defense System, or GMD. We’re bringing you this update because several of our top aerospace stocks are key suppliers – and because it relates to the growing nuclear threat we’ve been telling you about since Private Briefing’s inception.
Let me tell you just what happened Tuesday, tell you which of our companies were involved and explain why this is a “must-watch” defense project.
daily stock picks: Etsy, Inc.(ETSY)
- [By Brian Withers]
If investors want to tap into the growing trend of e-commerce and diversify their portfolio beyond Amazon, Shopify (NYSE:SHOP) and Etsy (NASDAQ:ETSY) make the shortlist. Shopify is more a pick-and-shovelplay, as the company hasbuilt a powerful back office platform that essentially enables entrepreneursto run an e-commerce business from their phone. Etsy is a pure play marketplace that focuses on serving the creative entrepreneur. These two companies had similar revenue in 2016, were both started in almost the same year (Etsy 2005, Shopify 2006), and are in the business of helping product-selling entrepreneurs connect to buyers online. Let’s take a deeper dive into these two companies and see which is the better buy.
- [By Jim Swanson]
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 Monday’s regular session.
- [By Jeremy Bowman]
Shares of craft-focused internet marketplaceEtsy(NASDAQ:ETSY)stumbled last month, falling 12% according to data from S&P Global Market Intelligenceafter a disappointing fourth-quarter report.
daily stock picks: Wyndham Worldwide Corp(WYN)
- [By Lisa Levin]
Wednesday afternoon, the cyclical consumer goods & services sector proved to be a source of strength for the market. Leading the sector was strength from Conn's Inc (NASDAQ: CONN) and Wyndham Worldwide Corporation (NYSE: WYN).
- [By Travis Hoium]
Shares of hotel brand Wyndham Worldwide Corporation (NYSE:WYN) jumped as much as 11.1% in trading Wednesday after reporting first-quarter 2017 earnings. At 3:45 p.m. EDT on Wall Street, shares were still up an impressive 9.6% on the day.
- [By Lee Jackson]
The chief financial officerat Wyndham Worldwide Corp. (NYSE: WYN) wasselling stock this past week. Thomas Conforti parted with 25,900 shares of the hotel giant at $82.41 apiece. The total for the trade was posted at $2 million. The shares closed Friday at $82.65. The 52-week range is $62.60 to $86.72, and the consensus price target is $90.
daily stock picks: Globe Specialty Metals Inc.(GSM)
- [By Lisa Levin]
Shares of Ferroglobe PLC (NASDAQ: GSM) got a boost, shooting up 10 percent to $10.17 after the company posted a narrower-than-expected Q1 loss.
Puma Biotechnology Inc (NASDAQ: PBYI) shares were also up, gaining 37 percent to $51.75 as briefing documents for Wednesday Advisory Committee meeting are published to the FDA website. The documents showed that neratinib performed better than Roche's trastuzumab in I-SPY2 trial, particularly in subgroup of patients that were HRc negative. The briefing docs also showed that study 3004 met prespecified primary efficacy endpoint.
- [By Dan Caplinger]
But there are still plenty of factors that are preventing stocks overall from mounting stronger gains, including nervousness about geopolitical issues as well as weaker parts of the global economy. Nevertheless, some stocks posted strong gains, and Puma Biotechnology (NASDAQ:PBYI), Applied Optoelectronics (NASDAQ:AAOI), and Ferroglobe (NASDAQ:GSM) were among the best performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so well.
daily stock picks: TiGenix NV (TGXSF)
- [By SEEKINGALPHA.COM]
Leuven, Belgium-based Tigenix (OTC:TGXSF) filed to go public in the U.S. in late 2015, only to become entangled with Bavarian Nordic (OTC:BVNKF) and Basilea Pharmaceutica (OTC:BPMUF) as the European drugmakers pulled back from NASDAQ. Tigenix subsequently increased its bank account following a 23.75 million placement in Belgium, and added an additional 25 million via a relationship with Takeda, before coming back to Wall Street in October 2016 with a revamped slate of underwriters.