The Brazilian stocks touched a new height after a poll result favoring Marina Silva against President Dilma Rousseff came in. The biggest benefactor was the state-controlled energy firm Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR). Its shares touched a 52-week high of $20.87 and closed at $20.65 on September 2, 2014. According to the survey, Rousseff…
Analysts Opinions About Mobileye NV (MBLY), General Motors Company (GM) Potential Users of Smart Systems
Automotive sector has once again stolen the limelight where technology developments are concerned and this time to move is geared towards introducing software packages meant to improve driving experience. Particularly under the scanner is Mobileye NV (NYSE:MBLY), a technological company that specializes in ADAS, meaning Advanced Driver Assistance Systems. While most financial experts have labeled Mobileye…
Intercept Pharmaceuticals Inc (ICPT), Plug Power Inc. (NASDAQ: PLUG), and 3D Systems Corporation (DDD): Major Companies Witnessed Insider Sales
Previous week was a bit slow in terms of trading volume and pace because of the ending summer season. However, some major companies including Intercept Pharmaceuticals Inc (NASDAQ:ICPT), Plug Power Inc. (NASDAQ: PLUG), and 3D Systems Corporation (NYSE:DDD) witnessed an increase in insider sales throughout the week. Intercept Pharmaceuticals Inc (NASDAQ:ICPT) saw a huge volume…
Bank of America Corp (BAC), Petroleo Brasileiro Petrobras SA (ADR) (PBR), and Twitter Inc (TWTR): Most Active Stocks Of The Week
As per the NYSE Most Active Stocks database of Wall Street Journal, Bank of America Corp (NYSE:BAC), Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), and Twitter Inc (NYSE:TWTR) were the most active stocks of the last week. Each of these stocks was traded in large volumes because of one or the other reasons. Bank of America…
Popeyes Louisiana Kitchen Inc (PLKI), Ann Inc (ANN) and Perrigo Company plc Ordinary Shares (PRGO): Cramer’s Have Eye on These Stocks for September
Investing in stocks require in-depth research into the market trends and dependable projections by leading market analysts. So, while you might have been out on vacation or on some other duties, a respectable stock trader, TV personality, and a market analyst, Jim Cramer, compiled a list of some of the stocks that have a huge…
Apple Inc. (AAPL) Works with NXP Semiconductors NV (NXPI) To Take A Bite Of The Mobile Payment Space
Apple Inc. (NASDAQ:AAPL) reportedly partners with Dutch chipmaker, NXP Semiconductors NV (NASDAQ:NXPI) to supply near field communication (NFC) hardware for its iPhone 6. The company aims to add secure, short-range wireless technology into its future iPhones, which means that the company is preparing to launch a mobile payment system. With this technology, iPhone owners will…
Possible Effects of eBay Inc (EBAY) Spinning Off Paypal
The idea of eBay Inc (NASDAQ:EBAY) spinning off its main payment gateway, Paypal, could have far reaching implications that would split the world’s biggest online retailer’s revenue almost by half. According to an article by The Information, the spinoff could be realized by the end of next year. This information was first released by eBay’s activist…
Two Good Stocks to Own: Ford Motor Company (F) and Energy XXI (Bermuda) Limited (EXXI)
Halfway down 2014, when CNBC decided to raise the question of which stocks would fetch greater returns to investors and would prove to be lucrative in the long term, two experts namely Michael Binger of Gradient Investments and Bryan Piskorowski of Wells Fargo provided some deep and useful insights. Ford Motor Company (NYSE:F) and Energy XXI…
Wal-Mart Stores, Inc. (WMT) to Strengthen Yihaodian Against Alibaba Group Holding Limited in China
Wal-Mart Stores, Inc. (NYSE:WMT) is working hard to win customers in the second-largest economy of the world. With Alibaba Group Holding Limited planning for an IPO in the US next month, this might just be the opportunity for Wal-Mart Stores, Inc. (NYSE:WMT) to boost its market share in China. Wal-Mart Stores, Inc. (NYSE:WMT) is trying…
Data Breach at JPMorgan Chase & Co. (JPM) Comes Under FBI Scanner for Possible Russian Linkage
Hacking of databases of at least two US financial institutions, one of which is JPMorgan Chase & Co. (NYSE:JPM), around mid-August has caused the federal authorities in the country to sit up and take notice. Having launched a full-fledged investigation, the loss was identified as being to the tune of several gigabytes of sensitive data…