Transocean Buys Back Its MLP
Offshore driller Transocean announced Monday that it will buy back the remainder of the shares in Transocean Partners it does not already own in an all-stock deal valued at around $250 million.
Offshore driller Transocean announced Monday that it will buy back the remainder of the shares in Transocean Partners it does not already own in an all-stock deal valued at around $250 million.
As the Brexit fears faded and the markets headed for new all-time highs, short sellers remained focused on their favorite stocks traded on the New York Stock Exchange.
The top analyst upgrades, downgrades and initiations seen on Monday morning include Cypress Semiconductor, Groupon, Humana, Infosys, Monster Beverage and Transocean.
While short sellers shied away from many of the most heavily shorted stocks traded on the New York Stock Exchange between the June 15 and June 30 settlement dates, GE bucked that…
It may have been the time of "sell in May and go away," but it seems the short sellers were neither strongly for nor against the notion.
However, one medical supply company stood out, as short sellers piled on Baxter International in the first two weeks of the month.
As the markets reached all-time highs last month, the short sellers were in retreat, judging by the moves in the most heavily shorted stocks traded on the New York Stock Exchange.
Some moves in the most heavily shorted stocks traded on the New York Stock Exchange were sizable between the March 15 and March 31 settlement dates.
Many short sellers backed away from mega-oil and large energy-related companies in the two-week period that ended March 15.
Interest in almost all of the most heavily shorted stocks traded on the New York Stock Exchange shrank between the February 29 and March 15 settlement dates. Except for Pfizer, that is.
Most of the stocks traded on the New York Stock Exchange with the greatest number of shares short saw their short interest decline between the February 12 and February 29 settlement dates.
The top analyst upgrades, downgrades and initiations seen on Tuesday, March 1, include Freeport-McMoRan, PTC Therapeutics, SunEdison, Transocean, United Technologies, Valeant Pharmaceuticals and Windstream.
The top analyst upgrades, downgrades and initiations seen on Thursday, February 25, include Bank of America, Encana, Energy Transfer Partners, Restoration Hardware, Salesforce.com and Transocean.
The most shorted stock traded on the New York Stock Exchange — Chesapeake Energy — bucked the short interest trend with a modest gain in February.
February 24, 2016: Here are four stocks trading with heavy volume among 119 equities making new 52-week lows today. Avis Budget Group Inc. (NASDAQ: CAR) dropped nearly 27% on Wednesday to post…