Nordstrom, Inc. JWN continues to take proactive measures in wake of the increasing concerns tied to the coronavirus pandemic. To this end, the company recently amended its $800-million revolving line of credit and closed the 8.75%-secured debt offering worth $600 million to rein
Stocks fell on Monday as investors looked ahead to a busy week of earnings reports looming with uncertainties. Oil futures tumbled into the uncharted territory of negative prices.
If the most closely watched gauge of oil prices is worthless, is it time to dump oil stocks? Probably not, particularly if you are holding stocks that can generate enough cash to meet obligations through the end of next year.
CyberOptics Corporation CYBE is set to report first-quarter 2020 results on Apr 23.The company expects net sales in the range of $15-$16.5 million in the to-be-reported quarter. The mid-point of the guided range, $15.75 million, indicates 5% year over year growth compared to the
In trading on Monday, shares of Tourmaline Oil Corp (TSX: TOU.TO) crossed above their 200 day moving average of $12.97, changing hands as high as $13.13 per share. Tourmaline Oil Corp shares are currently trading up about 8.1% on the day. The chart below shows the one year p
There are plenty of reasons to be downbeat about the stock, but bulls still see the potential for dramatic gains once the coronavirus pandemic fades into history.
Oil’s unprecedented price decline is a function of how commodities futures market operate. So gas stations won’t be paying American’s to drive any time soon.
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Ligand Pharmaceuticals Inc (Symbol: LGND), where a total of 4,132 contracts have traded so far, representing approximately 413,200 underlying shares. That amounts to a
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Veeva Systems Inc (Symbol: VEEV), where a total volume of 8,400 contracts has been traded thus far today, a contract volume which is representative of approxim
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in International Business Machines Corp (Symbol: IBM), where a total of 67,846 contracts have traded so far, representing approximately 6.8 million underlying shares. Tha
Looking at the sectors faring best as of midday Monday, shares of Healthcare companies are outperforming other sectors, up 0.1%. Within the sector, Alexion Pharmaceuticals Inc. (Symbol: ALXN) and Abbott Laboratories (Symbol: ABT) are two of the day's stand-outs, showing a gai
In afternoon trading on Monday, Utilities stocks are the worst performing sector, showing a 3.4% loss. Within the sector, Atmos Energy Corp. (Symbol: ATO) and CMS Energy Corp (Symbol: CMS) are two large stocks that are lagging, showing a loss of 6.0% and 5.3%, respectively.
On 4/22/20, Safe Bulkers Inc's 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (Symbol: SB.PRC) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 4/30/20. As a percentage of SB.PRC's recent share price of $17.10, this dividend works out t
In trading on Monday, shares of Arvinas Inc (Symbol: ARVN) touched a new 52-week high of $55.74/share. That's a 266.95% rise, or $40.55 per share from the 52-week low of $15.19 set back on 10/18/2019. That means at today's intraday high, any investor who purchased ARVN stock
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys.