Facebook Short Interest Collapses
The number of shares sold short in Facebook dropped 17% in the two-week period that ended on May 15.
The number of shares sold short in Facebook dropped 17% in the two-week period that ended on May 15.
The five most heavily shorted stocks traded on the Nasdaq all saw increases in short interest between the April 30 and May 15 settlement dates.
ThinkstockPalo Alto Networks Inc. (NYSE: PANW) reported fiscal third quarter 2015 adjusted diluted earnings per share (EPS) of $0.23 on revenue of $234.2 million. In the same period a year ago, the network security…
ThinkstockMay 27, 2015: Here are four stocks among the 73 equities making new 52-week lows today. Michael Kors Holdings Ltd. (NYSE: KORS) dropped more than 24% on Wednesday to post a new 52-week low…
thinkstockMay 27, 2015: Markets opened higher on Wednesday and traded higher all day long. As the end of the month approaches the DJIA is up about 2% for May and the Nasdaq Composite is…
ThinkstockGenetically modified organisms (GMO) have been a stigmatizing point recently, but Ceres, Inc. (NASDAQ: CERE) has been ignoring the drama and acting out of practicality. Companies like Chipotle might argue against using GMOs in their food,…
ThinkstockBroadcom Corp. (NASDAQ: BRCM) is said to be in advanced talks with Avago Technologies Limited (NASDAQ: AVGO) to be acquired. This could potentially be a huge move within the semiconductor industry if the Wall…
courtesy of Apple Inc.Global smartphone sales are forecast to rise by 11.3% year-over-year in 2015, a nice clip but well below the 27.6% growth in sales during 2014. Sales in China are forecast to…
Abercrombie & Fitch is scheduled to report its fiscal first-quarter earnings Thursday before the markets open.
The national unemployment rate for April was 5.4%, and the lowest unemployment rate in the country was less than half that, 2.5% in Nebraska.
Bloomberg News reported Wednesday morning that a spokesperson for McDonald's said the company would stop reporting monthly same-store sales.
Palo Alto Networks will report its fiscal third-quarter financial results after the markets close Wednesday.
One of the two industries that has been slowest to recover from the financial crisis is automobile manufacturing.
Costco Wholesale is scheduled to report its fiscal third-quarter financial results Wednesday after the markets close.
Merrill Lynch views the current value of YouTube at over $80 billion, and it sees the online video streamer continuing to grow.