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Market Wrap For March 17: Investors Focused On Economic Data Instead Of Crimea Concerns
Monday, March 17, 2014 - 4:45pm | 2393Read More...U.S. stocks rose as investors focused on positive economic data rather than the tense situation in Ukraine. Economic reports showed that U.S. industrial production rose in February. President Obama imposed sanctions against Russian and Crimea officials following an election on Sunday which...
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Weekly Highlights: iOS 8 Maps Strike Back, Dreaming Of Tim Cook's Retirement And More
Sunday, March 16, 2014 - 3:43pm | 242Read More...Depending on who you are and what you love, this may not have seemed like an overly eventful week. After all -- if you don't love Twitter (NYSE: TWTR), you may not have cared that it went down. But if you do love the social network, this week might have seemed like a nightmare. The same could be...
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Groupon, Zynga Buck Social Media Short Interest (GRPN, LNKD, ZNGA)
Thursday, March 13, 2014 - 9:44am | 899Read More...Late February saw declining interest by short sellers in several social media companies based in the United States. However, Groupon (NASDAQ: GRPN), LinkedIn (NYSE: LNKD) and Zynga (NASDAQ: ZNGA) bucked that trend. The number of shares short in eBay, Pandora Media and Yelp shrank by double-...
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Market Wrap For March 10: Markets Slightly Lower On Chinese Growth Concerns
Monday, March 10, 2014 - 4:56pm | 1832Read More...U.S. stocks closed the day slightly lower as investors digested news that China's exports dropped significantly. Philadelphia Fed Chief Charles Plosser said in a speech today that February's harsh winter likely curbed jobs growth in the month. Plosser's remarks echo similar sentiments by other...
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Carl Icahn Isn't Happy About eBay's Board Member Rejections
Monday, March 10, 2014 - 3:13pm | 615Read More...Activist investor Carl Icahn had hoped to bring change to eBay (NASDAQ: EBAY) when he nominated two of his own employees to the Board. eBay rejected that nomination and released a statement from independent director and Corporate Governance and Nominating Committee Chairman Richard T. Schlosberg,...
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A Look Into Some Of Carl Icahn's Top Stock Picks
Monday, March 10, 2014 - 2:34pm | 886Read More...Activist Investor Carl Icahn rattled the cage again last week at eBay (NASDAQ: EBAY), one of his top stock picks at the moment, along with Apple (NASDAQ: AAPL), Herbalife (NYSE: HLF) and Netflix (NASDAQ: NFLX). In his latest letter to eBay shareholders, Icahn said he had "not yet begun to fight...
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Market Wrap For March 5: Markets Calm Following Tuesday's Massive Rally
Wednesday, March 5, 2014 - 5:40pm | 2368Read More...U.S. stocks were little changed on Wednesday as investors found no new catalysts to maintain a bull rally, especially ahead of Friday's employment report and no new major developments arising from the Ukraine/Russia stand-off. The Beige Book, released at 2:00 pm, confirmed what most already...
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Top Trending Tickers On StockTwits For March 5
Wednesday, March 5, 2014 - 12:10pm | 729Read More...Here's a look at the top tickers trending on StockTwits.com. Canadian Solar: Rising demand from China not enough to help earnings This morning, Canadian Solar (NASDAQ: CSIQ) reported its fourth quarter results. The company announced an EPS $0.39 which may not be comparable to the consensus...
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Market Wrap For March 4: Bulls Take Over As Ukraine Fears Dissipate
Tuesday, March 4, 2014 - 5:37pm | 2664Read More...U.S. stocks recovered and posted strong gains as concerns over a military conflict involving Russia and Ukraine dissipated overnight. The Dow posted a triple digit point gain, recording its best day of the year. The S&P 500 surged to new all time highs of 1,876.23 while the Nasdaq hit new...
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Peter Thiel Comes Out Against Spinoff As PayPal Battles Continue
Monday, March 3, 2014 - 1:53pm | 629Read More...In January, activist investor Carl Icahn called for eBay (NASDAQ: EBAY) to spinoff PayPal. Since then, he has repeated his stance several times. Commenting last week at a conference in Silicon Valley, PayPal co-founder and venture capitalist Peter Thiel was asked if he thought PayPal should be...
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More Big Moves In Social Media Short Interest (LNKD, TWTR, ZNGA)
Friday, February 28, 2014 - 8:22am | 824Read More...Early February saw resumed interest by short sellers in several social media companies based in the United States, particularly LinkedIn (NYSE: LNKD), Twitter (NYSE: TWTR) and Zynga (NASDAQ: ZNGA). The number of shares short in Facebook, Groupon, Shutterfly and Yelp also rose by double-digit...
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Market Wrap For February 27: Yellen Talks Pushes Markets Higher
Thursday, February 27, 2014 - 5:47pm | 2887Read More...U.S. stocks rose after Federal Reserve boss Janet Yellen appeared in the hot-seat today speaking to the Committee on Financial Services and U.S. House of Representatives. Yellen said that it is too soon to determine the extent of which cold weather played a role in a recent batch of poor economic...
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#PreMarket Primer: Tuesday, February 25: Mt. Gox Disappears, Bitcoin Down 20%
Tuesday, February 25, 2014 - 8:01am | 873Read More...After reaching five-year highs, natural gas retreated more than 10 percent Monday while the major U.S. markets were up sharply. Monday, the Dow gained about 104 points to close at 16,207.14. The S&P was up 0.6 percent, or about 11 points to close at 1,847.61, and the NASDAQ was down 0.7...
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Market Wrap For February 24: Markets Showing Strength To Start The Week
Monday, February 24, 2014 - 5:46pm | 3826Read More...U.S. stocks rose as investors as the S&P 500 traded at new historical highs and clearing its 2014 losses. Investors shrugged off disappointing earning reports and economic data and chose to focus on several prominent merger and acquisition activities. The S&P 500 hit a new intra-day...
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Tap Dancing On The Grave Of Bon-Ton Stores
Monday, February 24, 2014 - 2:23pm | 299Read More...On December 5, when Bon-Ton Stores (NASDAQ: BONT) was up more than 50 percent for the last month and closed at $17.51, Benzinga published the article, "3 Reasons to Short Bon-Ton Stores." At present, Bon-Ton Stores is now trading around $9.50. It is difficult to see Bon-Ton Stores recovering...
















