Related VRX After SunEdison, Twitter Users See Valeant Filing Bankruptcy NextNot SandRidge Or Another Solar Player The Market In 5 Minutes: April, Come She Will It's Official: The Good Times Are Over (Seeking Alpha)
Valeant Pharmaceuticals Intl Inc (NYSE: VRX) shares finished a down Monday with a sharp move to the $26 mark after a Bloomberg report said the company's creditors were resistant to relaxed lending standards.
According to a source with knowledge of the matter, Bloomberg said Valeant was "facing push back from some of its lenders as it seeks to waive a default and loosen restrictions on its debt."
Valeant has until Wednesday to get lenders to approve revised loan agreements, the report added. The company needs more than half of its secured loan-backers — holding a value of about $11 billion in debt — to agree to a new pact, ideally one that's more affordable for Valeant. "Those that are balking are demanding a higher interest rate and a better fee," the report added.
Top 5 Bank Stocks To Watch Right Now: Google Inc.(GOOG)
- [By Adam Levy]
Google recently released a device similar to Echo, Google Home, in order to take advantage of the trend. Additionally, the Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) subsidiary said voice searches tripled over the last two years.
- [By Danny Vena]
Alphabet’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has introduced Google Assistant, which expands on the capabilities of Google Now and OK Google. This assistant is currently available on its Pixel phones and can be accessed on other smartphones via the Google Allo app. This virtual helper is more conversational and has produced impressive early results due to experiences gained from its predecessors. It was found to rival and in many cases surpass its nearest competitors. Assistant’s greatest strength may be the ability to answer follow-up questions, a feature many of its rivals lack. Integration with Google Home smart speaker puts it squarely in competition with Amazon’s Echo. Its strengths include entire home synchronized audio and grouping of smart-home commands. Some researchers believe that Alexa will cede its early lead in the category to Google Assistant by 2020.
- [By Adam Levy]
Both Amazon.com (NASDAQ:AMZN) and Google’s parent company,Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), are trading near their all-time highs. Amazon’s stock has climbed so much in the past 12 months, it’s made its founder and CEO Jeff Bezos the second wealthiest person in the world, recently surpassing Warren Buffett and Amancio Ortega. Alphabet shares are up a modest 11%, compared with Amazon’s 51% increase.
Top 5 Bank Stocks To Watch Right Now: Knowles Corporation(KN)
- [By Jack Delaney]
A deal with Facebook Inc. (Nasdaq: FB) brought the little-known Knowles Corp. (NYSE: KN) to investors’ attention today, boosting Knowles Corp. stock by 2.3% as of 12:30 p.m. today (Oct. 30, 2017).
Top 5 Bank Stocks To Watch Right Now: Electro Scientific Industries, Inc.(ESIO)
- [By Jim Robertson]
On Wednesday, our Elite Opportunity Pro (EOP) portfolio newsletter has suggestedsmall cap laser-based manufacturing solutions stockElectro Scientific Industries (NASDAQ: ESIO). According tothe Company itself: Its integrated solutions allow industrial designers and process engineers to control the power of laser light to transform materials in ways that differentiate their consumer electronics, wearable devices, semiconductor circuits and high-precision components for market advantage. The Company’s laser-based manufacturing solutions feature the micro-machining industry’s highest precision and speed, and target the lowest total cost of ownership.To put that more into layman terms: Electro Scientific Industries systems enable precise engineering and testing of micron to submicron features in semiconductors, LEDs, multi-layer ceramic capacitors (MLCCs), printed circuit boards (PCBs), flex circuits and other high-value components – all of which are vital to our economy.
Top 5 Bank Stocks To Watch Right Now: UTStarcom Holdings Corp(UTSI)
- [By William Romov]
Before we show you our pick, here are the top 10 penny stocks to watch this week
Penny Stock Current Share Price Nov. 27-Dec. 1 Gain (as of Dec. 1)
Pyxis Tankers Inc. (Nasdaq: PXS) $4.10 122.83%
Ohr Pharmaceuticals Inc. (Nasdaq: OHRP) $1.28 68.42%
Cerecor Inc. (Nasdaq: CERC) $1.74 47.46%
Proteostasis Therapeutics Inc. (Nasdaq: PTI) $2.52 37.71%
UT Starcom Holdings Corp. (Nasdaq: UTSI) $5.20 37.20%
WMIH Corp. (Nasdaq: WMIH) $0.96 33.46%
PhaseRx Inc. (Nasdaq: PZRX) $0.90 30.29%
Bellerophon Therapeutics Inc. (Nasdaq: BLPH) $2.04 29.94%
EV Energy Partners LP (Nasdaq: EVEP) $0.86 27.76%
Catalyst Pharmaceuticals Inc. (Nasdaq: CPRX) $4.40 25.71%
FREE PROFIT ALERTS: Get real-time recommendations on the best penny stock opportunities the moment we release them. Just sign up here, its completely free
- [By Lisa Levin]
Shares of UTStarcom Holdings Corp (NASDAQ: UTSI) got a boost, shooting up 10 percent to $3.61. UTStarcom Holdings reported Q3 adjusted earnings of $0.07 per share on revenue of $26 million.
- [By Jim Robertson]
Yesterday, small cap Chinese broadband stockUTStarcom Holdings Corp (NASDAQ: UTSI) rose 29.02% and is still rising in after hours / premarket trading 5.32%, but now the stock is starting to look overbought on the technical charts:
Top 5 Bank Stocks To Watch Right Now: SuperCom, Ltd.(SPCB)
- [By Monica Gerson]
Supercom Ltd (NASDAQ: SPCB) is estimated to post its quarterly earnings at $0.15 per share on revenue of $9.03 million.
Posted-In: Earnings scheduleEarnings News Pre-Market Outlook Markets
- [By Lisa Levin]
Supercom Ltd (NASDAQ: SPCB) shares shot up 53 percent to $4.17 after the company reported strong results for its third quarter. SuperCom expects FY17 sales of at least $35 million.