Lockheed Martin The Latest Victim Of A Trump Tweet
Defense sector investors that cheered Donald Trump’s victory on Election Day are feeling a bit more uncomfortable these days.
Defense sector investors that cheered Donald Trump’s victory on Election Day are feeling a bit more uncomfortable these days.
Alexion Pharmaceuticals, Inc. ALXN 4.41% shares are down 13.6 percent in pre-market trading after the company dropped a bombshell that CEO David Hallal and board member Vikas Sinha are leaving the company amid an ongoing audit and finance committee investigation. The news of the departures seems to have overshadowed a positive update on the progress of the…
Amazon.com, Inc. AMZN 1.87% and eBay Inc EBAY 1.29% are dominating the world of online auto sales.
The U.S. economy and the stock market have come a long way since the financial crisis in 2008. Now that the election is over and Donald Trump will be taking over in the White House, investors are trying to figure out what a Trump presidency will mean for financial markets.
Donald Trump’s election victory has proved to be a major shot in the arm for most American stocks, but it certainly hasn’t helped China stocks. Trump’s platform of deregulation and tax cuts may result in a significant boost to U.S. corporate earnings. On the other hand, Trump has had consistently harsh words for U.S. international…
A few weeks ago, billionaire activist investor Carl Icahn published an article in the Wall Street Journal that could have major implications for oil stocks PBF Energy Inc (NYSE:PBF), HollyFrontier Corp(NYSE:HFC) and CVR Refining LP (NYSE:CVRR). Icahn criticized the Renewable Fuels Standard created in 2005 to encourage the use of alternative fuels.
Walt Disney Co (NYSE:DIS) is approaching a critical point in its TV business. DIS is going to have to make a decision soon about how to proceed in the TV business. If it doesn’t, it will risk losing its market share in the space to over-the-top and/or streaming service providers and Walt Disney stock could take…
Those who have invested in oil stocks rejoiced this week as the Organization of the Petroleum Exporting Countries finalized its first crude oil production cut since 2008. The news sent WTI crude oil prices soaring more than 8.3% to above $49 per barrel. Predictably, oil stocks had a positive reaction as well. However, the OPEC deal…
PreMarket Prep’s Dennis Dick recently discussed outside options volume and whether or not it can be used as a trading indicator. The media often reports unusual options volume at deep out-of-the-money prices. Dick said lots of traders assume that type of volume comes when sophisticated traders know something about a company which may not yet…
The merger and acquisition (M&A) market has really heated up on Wall Street in recent years. If you’ve never owned stock in a company that has been acquired, you may not be familiar with the process.