Business

How New Prospects Are Pushing PayPal to New Highs

PayPal Holdings, Inc. (NASDAQ: PYPL) reported first quarter financial results after markets closed Wednesday. The company posted $0.44 in earnings per share (EPS) and $2.98 billion in revenue, versus consensus ...
Read Full Story »

Cree’s Dilemma: Are LED Lights Just Too Good for Consumers?

Investors thought there was an absolute fortune to be made in light-emitting diodes. The LED opportunity is that LED light bulbs with two-lead semiconductor light sources and their longer lasting ...
Read Full Story »

Wal-Mart Cuts Money Transfer Fees

Wal-Mart Stores Inc. (NYSE: WMT) announced Wednesday morning that it is cutting fees beginning today on its Walmart2Walmart money transfer service. Next month the company plans to introduce another transfer ...
Read Full Story »

AbbVie, Celgene and 2 More Major Biotechs Reporting Earnings Thursday

Earnings season is now in full swing, and we have put together a preview of some of the world’s largest biotechnology and pharmaceutical companies reporting their earnings on Thursday. With ...
Read Full Story »

Is This the Turnaround Twitter Is Looking For?

Twitter Inc. (NYSE: TWTR) reported its first-quarter financial results before the markets opened on Wednesday. Although this is the first quarter that revenues have dropped for the company since it ...
Read Full Story »

Short Sellers Take Mixed Stance on Social Media Stocks

Social media has taken the world by storm, building virtual communities for anyone who has internet access and allowing people to connect and share across the globe. Many of these ...
Read Full Story »

Why Many Steel Stocks May Avoid the US Steel Earnings Black Hole

United Steel Corp. (NYSE: X) has delivered a major interruption for its investors hoping to win off of more protection for U.S. steel makers and for needing steel for endless ...
Read Full Story »

Why Boeing Earnings Did Not Excite Investors

Boeing Co. (NYSE: BA) reported first-quarter 2017 results before markets opened Wednesday. The aerospace company posted adjusted diluted earnings per share (EPS) of $2.01 on revenues of $20.98 billion. In ...
Read Full Story »

Short Sellers Grow More Selective on Major Biotechs

The short interest data are out for the most recent settlement date, April 13. Generally speaking, companies within the biotech industry are considered to be a riskier group of stocks, ...
Read Full Story »

Major Oil Short Interest Pulls Back Slightly After Oil Falls Under $50

Since Trump has taken the White House, crude oil had traded above $50 a barrel until early March. This level was once thought as a support level, but after crude ...
Read Full Story »

Short Sellers Pulling Out of Solar, Alternative Energy Stocks

Short interest moves among solar and alternative energy stocks were mostly downward during the two-week reporting period that ended on April 13. Of the companies we watch, short interest fell ...
Read Full Story »

Short Sellers Can’t Make Up Their Minds on Major Pharma

Pharmaceutical companies usually are involved in a lengthy process of getting their drug candidates to market through clinical trials. There is a fair amount of risk involved, should a study ...
Read Full Story »

RBC Top Idea Energy Stocks to Buy Have Massive Upside Potential

With the markets rushing once again toward all-time highs, many investors are perplexed on where to apply capital now, and with good reason. Many of the top stocks appear very ...
Read Full Story »

Tesla Short Interest Rises, Consumer Reports Cuts Rating

Short interest in Tesla Inc. (NASDAQ: TSLA) for the period ending April 13 totaled 31.58 million shares, up from the 31.35 million shares (0.7%) short reported in the prior period. ...
Read Full Story »

Short Interest in Ford Surges 11 Million Shares

The short interest in Ford Motor Co. (NYSE: F) rose by 11.7 million shares to 121.6 million for the period that ended April 13. Ford's total short interest was fifth ...
Read Full Story »