Investors hoping that tax cuts and aggressive government spending plans will add another leg to the bull market likely are going to be disappointed, Morgan Stanley argues in an analysis that contends the end of big returns is near.
The Q4 2016 earnings report for small cap textbook stock Chegg Inc (NYSE: CHGG) will report earnings after the market closes on Monday (February 13). However, Chegg Inc has been shorted for some time and still has elevated short interest of 25.31% according to Highshortinterest.com.
A technical chart for Chegg Inc shows conflicting trend lines with shares potentially poised to go in either....More>>>
New Gold (NYSEMKT:NGD) is a mid-tier gold producer, poised to become one of the gold majors. The Canadian company operates four gold mines located in safe jurisdictions (Canada, USA, Australia, Mexico) and it develops two new major gold mines. The Rainy River mine is under construction and it should be completed in summer of 2017. The Blackwater mine is in the permitting process, with the start....More>>>
Stocks fell on Thursday, but ended with only slight declines after dropping more steeply early in the session. By the closing bell, the Dow Jones Industrial Average(DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) indexes had each shed less than 0.25%.
Zoe’s Kitchen (NYSE:ZOES) is a stock that I have been steadfastly bearish on since it came public. This company has terrific fundamentals including rapid growth, nice comp sales and prodigious margins but investors have bid it up to levels that are simply unbelievable. That was the case after Q1 earnings when Zoe’s was going for 246 times this year’s earnings estimates and....More>>>
Sears is soaring today, and there is, thankfully, an obvious reason (I hate when there isn’t one). In this case, it’s the news that Bruce Berkowitz’s Fairholme Capital Management bought 286,000 shares of the stock from March 23 to March 27, following CEO Eddie Lampert’s purchase of more than 500,000 last week.
On Friday, four out of ten of the worst performing small cap stocks had double digit losses due to announcing public stock offerings:
Medical device stock Transenterix Inc (NYSEMKT: TRXC) sank 40.37% after announcing a $24.9 million offeringand the pricing of its public offering of units, each consisting of one share of the Companys common stock, one Series A warrant to purchase one share....More>>>
Short interest in AMD stock has risen sharply. However, you might not want to short the stock right now. Flickr
Shares of Sunnyvale, California-based AMD (NASDAQ:AMD) have caught the attention of the shorts, and thats not very surprising given how much the stock has moved up lately. AMD stock is up by nearly 20% in the Year-To-Date, and thats after a sharp rally in 2016. In fact, AMD....More>>>
The following stocks were moving the Transportation sector today.
Some of the biggest gainers among Transportation stocks include:
American Midstreampartners LP (AMID): AMID stock is up 4.48% today. Pampa Energia S.A. (PAM): PAM stock is up 3.84% today. Danaos Corp (DAC): DAC stock is up 5.88% today. Golden Ocean Gp Cmn (GOGL): GOGL stock is up 3.06% today. Companhia Paranaense De....More>>>
Micron Technology, Inc. (NASDAQ: MU) reported fiscal first-quarter financial results after markets closed on Wednesday. The company posted $0.32 in earnings per share (EPS) and $3.97 billion in revenue. The consensus estimates from Thomson Reuters called for $0.28 in EPS and $3.95 billion in revenue. The same period from last year had $0.29 in EPS and $3.35 billion in revenue.
Enbridge Energy, Limited Partnership (NYSE:EEP) had its target price lowered by Barclays from $16.00 to $11.00 in a research report sent to investors on Tuesday morning, Marketbeat reports. The brokerage currently has an equal weight rating on the pipeline company’s stock.