In trading on Wednesday, shares of Strategic Education Inc (Symbol: STRA) crossed below their 200 day moving average of $150.81, changing hands as low as $125.01 per share. Strategic Education Inc shares are currently trading down about 23% on the day. The chart below shows
Recent IPO filer RedBall Acquisition (RBAC.U) is looking to bring sports into SPACs. The blank check company plans to raise $500 million to acquire a professional sports franchise, specifically citing European football clubs. Led by a group of experienced sports executives, its c
Shares of Shopify (NYSE: SHOP) jumped on Wednesday, rising to a new all-time high. The stock's big gain was fueled by second-quarter results that blew past analyst estimates. "The ongoing effect of the COVID-19 pandemic has been to accelerate the shift of purchase habits to e-co
Denbury Resources (NYSE: DNR) has agreed to a restructuring support agreement with the majority of its creditors to eliminate $2.1 billion of the company's bond debt. As a result, Denbury plans to file for Chapter 11 bankruptcy later this week to implement this pre-packaged p
What happened
Shares of FireEye (NASDAQ: FEYE) were skyrocketing this morning after the company outpaced Wall Street's expectations for the second quarter.
NEW YORK/LONDON/HONG KONG (Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
The second quarter was a brutal period for the energy market, as crashing crude prices forced many oil and gas producers to shut in wells to save money. While that volatility had some impact on Enterprise Products Partners (NYSE: EPD) during the period, its results proved to
A special purpose acquisition company (SPAC) is a publicly traded shell company formed for the purpose of acquiring a privately held company, which has the effect of taking that acquired company public. SPACs have become an interesting alternative for companies interested in acc
The following are today's upgrades for Validea's Price/Sales Investor model based on the published strategy of Kenneth Fisher. This value strategy rewards stocks with low P/S ratios, long-term profit growth, strong free cash flow and consistent profit margins.
The following are today's upgrades for Validea's Earnings Yield Investor model based on the published strategy of Joel Greenblatt. This value model looks for companies with high return on capital and earnings yields.
The following are today's upgrades for Validea's Contrarian Investor model based on the published strategy of David Dreman. This contrarian strategy finds the most unpopular mid- and large-cap stocks in the market and looks for improving fundamentals.
The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets.
The following are today's upgrades for Validea's Growth/Value Investor model based on the published strategy of James P. O'Shaughnessy. This two strategy approach offers a large-cap value model and a growth approach that looks for persistent earnings growth and strong relative
The following are today's upgrades for Validea's Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability and low debt that trade at reasonable valuations.
The following are today's upgrades for Validea's Value Investor model based on the published strategy of Benjamin Graham. This deep value methodology screens for stocks that have low P/B and P/E ratios, along with low debt and solid long-term earnings growth.
Stocks dipped sharply in the final hour of trading on Tuesday, as tech regressed from yesterday’s bounce and the busiest week of earnings season continued.
One day after leading the market higher and starting this week on positive footing, tech stocks returned to their rece
Financial firms were mostly down before markets open on Wednesday. The Select Financial Sector SPDR (XLF) slipped 0.04%. The Direxion Daily Financial Bull 3X Shares (FAS) gained 0.58%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) declined 0.25%.
North American midstream energy bellwether Enterprise Products Partners (NYSE: EPD) is currently offering investors a fat 9.7% yield. That's a number that should stop investors in their tracks, given that the distribution has been increased annually for over two decades. But the
Energy stocks were mostly up during premarket Wednesday as the Energy Select Sector SPDR (XLE) added 0.38%. The United States Natural Oil Fund (USO) rose 0.78% and the United States Gas Fund (UNG) was down 0.6%.
Chipmaker NXP Semiconductors (NASDAQ: NXPI) reported second-quarter results late Monday evening. The Dutch-Texan company posted lower sales and earnings due to the ongoing COVID-19 health crisis but management also sketched out a gradual return to normalcy in the fall. Chinese c