John Melloy is the Executive Producer for Fast Money and Strategy Session. Before joining CNBC, he was an editor for Bloomberg News, overseeing the U.S. Stock Market coverage team.
A trade made on the options in Diamond Foods around 10 am Wednesday potentially netted that investor $1.7 million or more after shares of the snack maker plunged on an accounting restatement revealed later that day. Read More
The New England Patriots aren’t the only ones walking away losers after Sunday’s Super Bowl. Buffalo Wild Wings could also be licking its wounds. Read More
In its much-anticipatedIPO filing, Facebook states that its mission is “to make the world more open and connected.” Well, every place except China. Read More
Anxious investors not wanting to wait for Facebook’s public debut have been snapping up shares of companies that stand to benefit from the social-networking giant's mega-IPO. Read More
A UBS analyst downgraded shares of Molson Coors Brewing, citing slowing sales of its marquee brand to economically-strapped domestic beer drinkers, as well as lost alcohol market share to wine. Read More
The Academy Awards may give News Corp. the most-needed revenue following an abysmal year at the box office through increased viewership of its two best picture-nominated films — “The Descendants” and “Tree of Life.” Read More
Changes at the top at some big tech companies over the past four months—including Research In Motion on Sunday—have some traders thinking about other underperforming giants that could use a new leader. Read More