Muddy Waters’ New Short: Tutor Perinin
Tutor Perinin Corp TPC 0.24% is the latest short play for Muddy Waters Capital. In a report on the company, Muddy Waters focuses on the company’s lack of cash flow and questionable balance sheet.
Tutor Perinin Corp TPC 0.24% is the latest short play for Muddy Waters Capital. In a report on the company, Muddy Waters focuses on the company’s lack of cash flow and questionable balance sheet.
Drug pricing has been one of the central issues of the 2016 presidential campaign. There is currently a whirlwind of negative public sentiment swirling around controversial pricing practices of companies likeValeant Pharmaceuticals Intl Inc VRX 1.09%, Mallinckrodt PLC MNK 2.32% and Mylan NV MYL 3.24%.
Walt Disney Co DIS 0.49%’s ESPN just made what could be a landmark step toward the future of TV advertising. This week, the network announced it has finalized an advertising deal that specifically includes an out-of-home TV audience. ESPN is the first network to negotiate such a deal.
So far, the month of October is off to a lackluster start, with the SPDR S&P 500 ETF Trust SPY 0.13% down 0.3 percent in the first few days of the month.
The Hillary Clinton campaign is denying allegations that a hacker has gained access to Clinton Foundation documents, including individual and corporate donor lists and names of banks and other institutions that donated in exchange for political favors.
While most investors have certainly heard about cloud computing, many aren’t familiar with what cloud computing is and what the different categories of cloud computing mean.
Most traders know that a buyout is one of the easiest ways for a stock to shoot up 20% or more overnight. When a public company gets acquired, the buyer often pays a significant premium over the market price, leading to instant gains for shareholders.
In the past week, crude oil prices have been soaring on the news of the first OPEC production cut since 2008. The United States Oil Fund LP (ETF) USO 3% is up nearly 10 percent in the past week, and oil stocks have followed suit.
The 2 percent average S&P 500 dividend yield is not particularly exciting. Most traders pay little attention to dividends in their daily trading. However, some traders use dividends as the centerpiece of their trading strategy.
Sears Holdings Corp SHLD 2.91% was briefly halted Tuesday morning after the stock surged more than 14 percent and triggered its volatility circuit breaker. The large move was driven by a report fromBloomberg that the company is accepting bids for its Craftsman business through the end of October.