Category Archive: Finance
This Hedgefund Manager Is Shorting Shell
Jim Chanos, founder of the Kynikos Associates hedgefund, stated that he is shorting Royal Dutch Shell (RDS-A), (RDS-B) and BG Group (BRGYY) stock, because of the disappointing outlook for LNG producers. We are just waiting for disaster to strike, he mentioned during the SkyBridge Alternatives Conference in Las Vegas. He added that he is also betting […]
EUR/USD Struggles At The 1.12 Level
The EUR/USD pair initially broke higher during the day on Monday, but found the 1.12 level to be a bit too resistive for the buyers, and as a result pulled back to form a shooting star. The shooting star of course is negative, but at the end of the day I think there’s far too […]
E Expert Surgeon Panel Weighs In On Surgibot
On April 17th, TransEnterix (TRXC) hosted an analyst event and had an expert panel of surgeons share their experience with the Surgibot to other practicing surgeons and investors during the 2015 SAGES event in Tennessee. These surgeons completed several laparoscopic procedures in porcine models, which were part of TransEnterix’s GLP studies. The company also had […]
ASX Traders Report – Australia, May 12, 2015
Qantas (QAN.AX) : New 12 month highs with strong volume resistance breakout today. Qantas (QAN.AX) SANTOS (STO.AX) : Resistance level of $8.60 now turned to short term support . Santos (STO.AX)
HealthEquity Inc. Insiders Sell Over $116 Million Worth Of Shares
Healthcare company HealthEquity (NASDAQ: HQY) announced on Monday, May 11 the closing of a public offering of 4,427,500 shares of common stock priced at $25.90 per share. In the secondary public offering, HealthEquity as a company sold $23.4 million worth of common stock while stock holders of the company sold a total of 3,455,000 shares of […]
US Retail Sales: April 2015 Preview
US retail sales are expected to rise 0.2% in tomorrow’s April report vs. the previous month, according to The Capital Spectator’s median point forecast for several econometric estimates. The median prediction reflects a substantial deceleration in growth vs. the previous month’s 0.9% advance. Recent surveys of economists also project a considerably lesser rate of growth […]
April 2015 Small Business Optimism Strengthens But Remains Below Historical Average
Econintersect: The National Federation of Independent Business (NFIB)’s optimism index rose from 95.2 to 96.9. The market was expecting the index between 93.5 to 96.5 with consensus at 96.0. But this still leaves the Index below its historical average, oscillating between 95 and 98 but never breaking out except for December, when the Index just […]
Encana Beats On Q1 Earnings, Lags Revenues
Encana Corporation ((ECA – Analyst Report)) is a focused pure-play natural gas exploration and production (E&P) company. It is the second largest gas producer in North America, and holds a highly competitive land and resource position in a number of the region’s most promising shale and tight gas resource plays. The weakness in commodity prices has affected the […]
3 Primary Scenarios
Inflation signals do change their trend, long-term yields continue upward, the [yield] curve continues upward, oil continues upward, copper breaks massive resistance at $3/lb., stock markets remain aloft but under perform and silver out performs gold in a new ‘nflation bull’ as the promotions for everything from REE to Uranium to ‘Peak Oil’ would be […]
Here We Go Again: Verizon To Buy AOL, Marking Another Tech Bubble Top
The last time AOL (AOL) was involved in a mega merger was January 2000, when AOL acquired Time Warner (TWX) for $182 billion in what was the mega deal of the last tech bubble, creating a $350 billion behemoth… which nearly dragged down both companies a few years later. Fast forward 15 years and here is AOL again […]
