Shares ofGoPro (NASDAQ:GPRO) sank to fresh all-time lows on Monday, following an analyst downgrade (via Tech Trader Daily). Goldman Sachs analyst Simona Jankowski dropped her rating on GoPro from neutral to sell, while simultaneously slashing her price target down to a mere $6, or about 30% lower
Penn West Petroleum Ltd. (NYSE:PWE) has been to the financial cliff and back again. The achievements of the last two years are probably top 1% in many areas. There was a little trepidation as the latest announcement saw more changes in senior management. For many shareholders, those senior manage
Small cap insurance software stock Ebix Inc (NASDAQ: EBIX) reported Q1 2017 earnings before the market opened this morning. Q1 revenue rose 11% to $79.1 million and decreased 1% over Q4 2016 revenue of $80.0 million. The year over year revenue improvement reflected growth in the Companys Exchange, Risk Compliance, and Broker Solution channels. On a constant currency basis, Q1 revenue increased 10%....More>>>
One of last week’s biggest winners wasGroupon (NASDAQ:GRPN), soaring 30.2% after posting strong quarterly results.Revenue clocked in at $934.9 million for the fourth quarter, up a mere 1.9% for the top dog in daily deals.
Checking in with less than 2% in top-line growth may not seem very impressive, but it’s all relative. Groupon’s been retreating out of poorly performing....More>>>
On Wednesday,our Under the Radar Moversnewsletter suggested shorting small cap aestheticdevice stock Syneron Medical Ltd (NASDAQ: ELOS):
Syneron Medical is a pretty pre-emptive trade. We’re betting that yesterday’s high-volume surge was a blowoff top, AND we’re betting today’s huge outside-day reversal is indeed a signal that all the recent buyers are now turning into....More>>>
The Federal Reserve raised its target of the federal-funds rate, the interest rate banks charge each other for overnight loans, by a quarter point to a range of 0.75% to 1%, and thats great news for Warren Buffetts Berkshire Hathaway (BRK.B) and its shareholders. As a bondholder, owner of insurance companies and an investor in big banks, Berkshire profits from rising interest rates in a number....More>>>
Clearly with St. Patrick’s Day falling on Friday, the volume of trading dropped as Wall Street enjoyed the festivities. However, once again the market continued the inexorable climb higher this past week. For the first time this year, the insider buying volume looked to be much closer to the selling in share count, though insider sellers still seemed to dominate in the dollar amount. Either....More>>>
Shares of Ternium SA (NYSE:TX) jumped on Wednesday: up more than 10% by 2:30 p.m. EST. While the steelmaker reported weaker-than-expected earnings after the closing bell yesterday, it provided optimistic guidance and announced a compelling acquisition.
Ternium reported a rather mixed quarter. Revenue was $1.85 billion, which was flat sequentially, though....More>>>
Headlines about MeiraGTx (NASDAQ:MGTX) have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative
The stock market was generally down on Thursday, as the Dow Jones Industrial Average fell almost 200 points and led other major benchmarks lower. As investors wait for the beginning of second-quarter earnings season next month, their attention remains squarely on geopolitical and macroeconomic is
Paying generous dividends is a classic way for companies to attract stable investors. But just because a company can afford to pay big dividends doesn't mean that it ever will. Let's take a look at three companies that have low payout ratios but still pay paltry dividends that are lower than the
In January, 2000, we initiated The Lucky 13 portfolio to assist subscribers in establishing a foundation for their investment portfolios, observes dividend expert Kelley Wright, editor of Investment Quality Trends.
For the fifteenth time in its seventeen-year history, The Lu