According to a new report by Cleve Rueckert, Birinyi Associates senior equity strategist, there have been 14 stocks in the S&P 500 since 2000 that have undergone a reverse stock split. Of those fourteen stocks, twelve were higher one year after the effective date of the reverse split, two were lower. The average gain was a gigantic 62.55%.
A look at the names that could be the next target of a hostile bid, with Donald Drapkin, Casablanca Capital, and CNBC's Herb Greenberg.
The railroad sector is looking attractive, said Jason Seidl, director of Dahlman Rose & Co.
Use the pullback opportunity to sell weaker holdings and wait for the correction to run its full course, said Art Nunes, CIO of Northwest Asset Management.
The Egyptian stock exchange is prepared for big intraday moves with circuit breakers, but a period of sustained losses is anticipated, according to the market's new chairman, Mohamed Abdelsalam.
We should start calling this, “China Stocks Today.” The events surrounding Chinese stocks, mostly reverse mergers, are moving so quickly it’s hard to keep track of them.
Whenever anybody raised red flags over China MediaExpress, as has happened quite a bit in recent months, the flip-side from the bulls was always that the company’s biggest investor was none other than Starr Investments, a unit of Maurice “Hank” Greenberg’s privately held C.V. Starr & Co. Greenberg, Starr's CEO, is better known as the former CEO of American International Group.
The volatility index spiked over 30 percent in the past month and pros including Russell Napier, market strategist at CLSA, and Kim Caughey, VP and assistant portfolio manager at Fort Pitt Capital Group, expect the swings to continue.
While several large banks recently announced dividend hikes, Channing Smith, vice president and co-manager of Capital Advisors, explained why companies in the tech sector are the next likely to boost dividends.
Markets are "overreacting" to the geopolitical events around the world, including the political unrest in North Africa and the Middle East, and troubles in Japan, said Willem Buiter, chief economist at Citi.
The knee-jerk reaction in this deal, based on an early poll I conducted on Twitter, was the seller, which has been trying to figure out what to do with T-Mobile USA, a distant competitor among mobile carriers. But as people started to think about it, the mood shifted to the buyer, which would put AT&T well ahead of Verizon in terms of customers.
Investors who covered their positions for the crisis in Japan by selling nuclear and uranium stocks and buying solar and alternative energy stocks might find themselves on the wrong side of the trade, according to Steve Massocca, managing director at Wedbush Securities, and Todd Horwitz, chief strategist at Adam Mesh Trading Group.
On Oct. 31, 2007, Meredith Whitney argued Citigroup would cut its dividend and slapped an "underperform" on the stock. The call made bundles of money for clients who acted on her advice. Does it matter now? ...A report from TheStreet.
Friday is Quadruple Witching Day. But with geopolitical events rocking stocks this week, this quarterly event has had less effect on the markets than usual. Quadruple witching is when contracts for stock index futures, stock index options, stock equity options and single stock futures expire. This happens once every quarter, on the third Friday of March, June, September and December, and has also been called "Freaky Friday."
For investors willing to go against the grain and buy stocks in a down market, the global investment bank's picks may offer substantial upside. ...A report from TheStreet.
What will happen to Amazon if it’s forced to collect taxes on all of its sales?
Announcements of proposed deals appear to be designed more as a way to spark interest in a deal.
After reading David Pogue’s excellent piece this morning in the New York Times on Zediva, a new rival to Netflix, I went to the website to check out who is behind the company.
One big worry about ETFs is the impact of an unusually stressful event.
It’s foolhardy to ignore warnings of short-sellers; still, in the wake of a Green Mountain, several lessons (with the caveat that there are exceptions to every rule).