Aston Martin Lagonda Global Holdings plc (OTCMKTS:ARGGY) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 12,700 shares, a growth of 273.5% from the August 15th total of 3,400 shares. Based on an average daily trading volu
Stocks pulled back from record highs Tuesday, with all three major U.S. indexes down over 1% through early afternoon trading. The drop followed the release of disappointing July retail figures, with sales down 1.1% from June. Headlines point to Delta variant concerns, but restaurants and b
Shares of China Biologic Products (NASDAQ:CBPO) rose nearly 26% today after CITIC Capital Holdings made an all-cash offer to purchase the company for $110 per share, as reported by Reuters. The Chinese investment firm currently owns 5.1% of the Chinese biologics manufacturer that specializes in the production of plasma-based biopharma products.
The price tag values the company at $3.65 billion, which would be close to the all-time high achieved briefly in early 2016. A lot has happened since then. China Biologic Products grew full-year revenue and adjusted net....More>>>
The U.S. Securities and Exchange Commission (SEC) on Wednesday said that 33 whistleblowers have received payments exceeding $100 million since the program’s inception. The SEC also reported that it has extracted more than $500 million in financial remedies from enforcement actions initiated by whistleblowers.
The largest award, $30 million was awarded in 2014, and the second-largest, $22 million, was awarded on Tuesday, August 30. By law the SEC cannot reveal information about the whistleblower awards that might reveal directly or indirectly the person’s identity.
A strategic mistake made six years ago by celebrity CEO Ron Johnson continues to haunt popular retailer JC Penney, as evidenced by the ongoing sluggish sales growth and store closings that have made the company smaller—a fraction of what it once was.
Meanwhile, investors have been bailing out from the company’s stock, which trades in the middle single digits — a long way from the upper 30s, where it was trading back in 2012.
JC Penney’s woes began with a change in the retailer’s....More>>>
Doug Hughes focuses on lesser-known, small cap regional banks; the editor of Bank Newsletter looks for banks that operate in attractive regional markets, often ones that would be attractive acquisition targets.
AvidBank Holdings (AVBH) has the fastest growth of any bank out there and yet is still one of the safest with almost no bad loans, and a great, great market area in Palo Alto, California.
Management knows what it is doing and they will likely sell within 3 years. Earnings power is $3.00 a share by 2018. This is a great bank that is operating in great markets.
Following billionaire investor Warren Buffett into stocks he owns has often been a profitable strategy over the past few decades. But reversing the orderbuying a stock before Buffett buys itcan potentially be even more rewarding.
Quiz: How Well Do You Really Know Warren Buffett?
With that in mind, we went prospecting for companies that Berkshire Hathaway (BRK-B, $137), Buffetts holding company, has been buying recently, and four stocks that Buffett doesnt hold but we think he ought to buy. We looked for the things he favors: com颅panies that are leaders in their industries, that....More>>>
INT Chain (CURRENCY:INT) traded up 4.1% against the dollar during the 24 hour period ending at 22:00 PM E.T. on September 5th. INT Chain has a total market capitalization of $10.81 million and approximately $889,058.00 worth of INT Chain was traded on exchanges in the last 24 hours. In the
Ameriprise Financial Inc. increased its holdings in First Trust Senior Floating Rate Income Fund II (NYSE:FCT) by 36.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 86,971 shares
There are rising concerns that the stock market is in a bubble. But that concern is pretty common when we look back through time. After all, in December 1996, then-Federal Reserve Chairman Alan Greenspan noted that…
Clearly, sustained low inflation implies less uncertainty abo
August is the thick of the second-quarter earnings season. This year is particularly suspenseful as companies match up against the second quarter of 2020, where some of them got a huge pandemic boost, and others got a huge pandemic bashing. Many companies have bounced back big, topping 2019 num