More than 3 million PLx Pharma shares are expected to price in the range of $17 to $19 per share in an initial public offering valued up to about $83 million.
If any activist investor is able to rattle a public company, it is Carl Icahn.   He just disclosed that he owns 9% of Clorox Corporation (NYSE: CLX) totaling 12.5 million shares of common stock...
Shares of Herbalife Ltd. (NYSE: HLF) are trading at about 9x average daily volume today following some weak answers on the company’s conference call yesterday. The network marketer of nutrition and...
PLx Pharma intends to price its more than 3 million shares in the range of $17 to $19 per share, for an IPO valued up to about $83 million.
Do you recall the press release hoax in 2000 that hit Emulex Corp. (NYSE: ELX)?  It was a disaster and also changed the manner in which many reporters covered news based upon corporate press...
Carl Icahn filed documents with the SEC which show he owns just short of 13% (12.98%) of Herbalife (NYSE: HLF). The news pushed shares up by as much as 20% after hours. The actual parties holdings...
Clorox Corporation (NYSE: CLX) gave us a volume alert earlier today which was later summarized over for Volume Spike.  This generally slow-moving consumer products company is trading up with...
Tonight on CNBC’s Mad Money, Jim Cramer said he was ready to eat crow over Herbalife (HLF-NYSE) because it is a supplement company that he got wrong.  It sells via Multi-level marketing...
From 13D TrackerActivist investors Carl Ichan made the following changes in a 13F filing from his Icahn Management LP unit:New stakes: Cyberonics Inc. (Nasdaq: CYBX) 607K shares, Hilton (NYSE: HLT)...
There are several stocks trading more heavily than usual this morning, and also experiencing large gains or drops in share prices. These include Cirrus Logic Inc. (NASDAQ: CRUS), Emulex Corp. (NYSE:...
The lessons of trading in Harman International Industries Inc. (NYSE: HAR) today come from a different form of news, but there is just no way to not draw a parallel to the great old fake news release...
We have noted that this week should be the climax of the companies reporting earnings which have a calendar or quarterly year-end in December.  Still, some reports are still coming this week and...
SPACupdate.com has been bringing 24/7 Wall Street waves of data on the resurgence of special purpose acquisition companies, or SPACs.   After a string of successful mergers, two coming to vote by...