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Tuesday, May 21, 2013 - 5:21pm
Long Setup in Herbalife Still Attractive; Stock Breaks Out as New Auditor Hired
Few stocks have attracted more news over the last six months than nutritional supplement maker Herbalife (NYSE: HLF). Even casual market observers are aware of the circumstances surrounding the the initial bout of extreme volatility in the name back in December 2012. The shares went into free-...
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Benzinga's M&A Chatter for Monday May 20, 2013
Monday, May 20, 2013 - 6:23pm
The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday May 20, 2013: Actavis to Acquire Warner Chilcott for $8.5B or $20.08/Share in Stock Deal The Deal:Actavis (NYSE: ACT) and Warner Chilcott (NASDAQ: WCRX) announced Monday an agreement under which Actavis...
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Saturday, May 18, 2013 - 3:54pm
U.S. Steel, Genomic Health and Other Stocks Insiders Are Buying
Insiders may sell shares for any number of reasons, but conventional wisdom is that insiders really only buy shares of a company for one reason -- they believe the stock price will move higher and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who...
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AdCare Health Systems Issues Employment Inducement Grant to New Chief Financial Officer
Thursday, May 16, 2013 - 4:10pmAdCare Health Systems (NYSE: ADK) (NYSE: ADK.PRA) announced today that it has issued to Ronald W. Fleming, who commenced serving as AdCare's Chief Financial Officer on May 15, 2013, a ten-year warrant to purchase 70,000 shares of AdCare's common stock with an exercise price of $5.90 per share. One-...
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Wednesday, May 15, 2013 - 6:45am
Benzinga Market Primer: Wednesday, May 15
Futures Lower on Weak European Growth Data U.S. equity futures traded lower in early pre-market trade following a weaker than expected GDP report from the eurozone for the first quarter. GDP growth rose to -0.2 percent on a quarterly basis from -0.6 percent but missed forecasts of a 0.1 percent...
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Tuesday, May 14, 2013 - 6:32am
Benzinga Market Primer: Tuesday, May 14
Futures Slightly Lower on Mixed European Data U.S. equity futures traded slightly lower in early pre-market trade following mixed economic data out of the eurozone. The moves follow basically flat trading on Wall Street from Monday after futures rallied into the open following weaker than expected...
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Benzinga's M&A Chatter for Friday May 10, 2013
Saturday, May 11, 2013 - 10:51am
The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday May 10, 2013: Illumina Shares Soar on Rumor of Roche $88/Share Bid The Rumor:Shares of Illumina (NASDAQ: ILMN) surged higher Friday, after Swiss publication L'Agefi reported Swiss pharma giant Roche (OTC...
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Saturday, May 4, 2013 - 10:25am
Starbucks, Huntington Bancshares and Other Stocks Insiders Are Buying
Insiders may sell shares for any number of reasons, but conventional wisdom is that insiders really only buy shares of a company for one reason -- they believe the stock price will move higher and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who...
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Friday, April 26, 2013 - 7:39am
George Soros Takes a 7.9 Percent in J.C. Penney, Ackman Vindicated?
Famed currency investor George Soros, famous for "breaking the sterling" in the 1980's, has taken a large 7.9 percent stake in struggling retailer J.C. Penney (NYSE: JCP). Soros now is long the stock along with Pershing Square's Bill Ackman and now is opposed by Carl Icahn. Although he has taken a...
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Friday, April 26, 2013 - 6:33am
Benzinga Market Primer: Friday, April 26
Futures Lower Ahead of GDP U.S. equity futures traded lower in early pre-market trade ahead of the key U.S. first quarter GDP report due out at 8:30 am eastern. Economists surveyed by Bloomberg are expecting a growth rate of 3.1 percent in the first quarter with the range of estimates between 2.3-...
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