BID
24/7 Wall St. has tracked the action and reaction seen in many luxury brands on Monday. The drop has been unilateral, and that has been confirmed by luxury stocks selling off in Europe as well.
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Another week in which the relentless strength of the stock market continued, and again this week, insider buying remained stronger than we have seen for most of the first quarter.
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For really the first time this year, we saw the pace of insider buying jump, and that may signal that while the rally could still have some legs, things are finally calming down some.
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Despite the current uncertainty in the markets, insiders are once again stepping up to the plate and adding shares aggressively.
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Companies that reported notable insider buying this past week include General Electric, Phillips 66 and Seagate Technology.
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Source: ThinkstockAugust 8, 2014: Stocks making new 52-week lows today included the following four firms.Sotheby’s (NYSE: BID) saw shares fall about 12% to a new 52-week low of $35.68 after posting...
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Source: ThinkstockSome brands have stellar reputations as a result of innovation, well thought-out marketing strategies and good public relations from the companies behind them. On the other hand,...
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In a new research report, the retail team at Stifel did an outstanding job of finding which traditional retailers had actually matched every metric in their Omni-Channel scoreboard. Five top names...
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The three major US stock indexes opened higher this morning on a report from Europe that German chancellor Angela Merkel now backs bond buying by the European Central Bank.Even a larger-than-expected...
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The three major US stock indexes opened higher this morning most likely due to the lack of bad news on the Eurozone’s financial troubles (more coverage here). Asian markets got a chance to react to...
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Source: Jon OggSometimes analyst upgrades and downgrades matter, and sometimes they do not. Sotheby’s (NYSE: BID) is finding that they sure matter this Monday. We might usually skip an analyst...
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Sotheby’s (NYSE: BID) is almost magically trading lower this morning on a sell-the-news reaction after the auction house (and oldest listed company on the NYSE) posted a record auction price of...
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If something can rise in value, investors and speculators may be involved. The world of art is one of the true alternative investing venues as investors often compete head-to-head with museums,...
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The three major US equities indexes opened higher this morning after another (small) drop in new unemployment benefits claims and a good, but smaller-than-expected, rise in personal income and...
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