Amaya’s stock has been on a wild roller coaster ride this year, with catalysts ranging from the CEO (David Baazov) being accused of insider trading, to takeover rumors, to failed mergers and now a formal bid by the aforementioned CEO. There have certainly been a lot of hopes and headaches, but I believe there is a strong underlining long case to be made on Amaya. I wrote a blog post about....More>>>
Fox News Network is being sued by a dozen black employees, some current and some former, who are charging the company with allowing years of racial discrimination and creating an abusive work environment.
And a thirteenth employee has filed a discrimination charge with the Equal Employment Opportunity Commission, says the workers’ attorney Douglas Wigdor.
The latest alleged victimswere....More>>>
The recent earning announcement on May 31, 2017 created sudden fear in the public’s mind and brought the stock price of Michael Kors (NYSE:KORS) down by around 9% in one day. As of this writing, the price remains at $33. In this article, I will discuss one negative and five positives, and explain why you should consider buying the stock at this low price.
1. Inauguration Day: On Friday, Donald Trump will be sworn in as the 45th president of the United States.
Since his election, Trump has shown an uncanny ability to move markets. Bullish investors, girded by his pro-business rhetoric, have pushed the Dow closer and closer to 20,000 points. But the Republican has also introduced a degree of uncertainty. Trump has made a habit of targeting....More>>>
Facebook Inc. (Nasdaq: FB) stock just received a new catalyst with the release of “chatbots” this week.
But this is only part of the reason why our Facebook stock price analysis shows FB shares soaring in the long term.
Before we get into our full Facebook stock price prediction and analysis from Money Morning Director of Tech & Venture Capital Michael A. Robinson,....More>>>
Under Armour INC (NYSE:UA) released a new line called Under Armour Sportswear in New York Fashion Week on 15th September. This line includes different collection of clothes like $200 woolen pants and $1,500 trench coats. It does not have athleisure component to them and the designers have targeted this new line at “ambitious millennials” who are looking at something different than the....More>>>
During the recession, it was much easier to find mega-conglomerates that fit our purchase criteria, but the upward march of stocks has significantly pared back the list of such candidates, notes Benj Gallander, editor of Contra the Heard.
General Electric (GE) — our Top Pick for conservative investors in 2017 — continues to play musical chairs, buying and selling subsidiaries....More>>>
Related KORS Keep an Eye on These 10 Stocks for June 1, 2016 Earnings Scheduled For June 1, 2016 Notable earnings before Wednesday's open (Seeking Alpha)
On CNBC's Options Action, Dan Nathan spoke about unusually high options activity in Michael Kors Holdings Ltd (NYSE: KORS) ahead....More>>>
WFT CEO Krishna Shivram. Source: WFT Annual Report
Last month Weatherford International (NYSE:WFT) borrowed $540 million in senior notes to pay down its revolver and cure a potential covenant breach. It also raised about $450 million in equity to help shore up its balance sheet and fund more cash burn. The shares were sold to a passive investor who also has warrants to acquire an additional....More>>>