TOP NEWS
MARKET CURRENTS
-
10:37 AM MetLife (MET -0.7%) says (8-K) a continuation of the current low interest rate regime could cost the company's variable annuity business about $2.5B after 3-5 years. For perspective, the insurer made about $2.3B in the last 12 months. Comment! [Financials]
-
10:30 AM Coppersmith Capital Management (5.8% stake) wants Alere (ALR -0.9%) to consider selling its drug testing business for ~$2.5B in order to pay down debt, according to Reuters, citing people familiar with the matter. This wouldn't be Coppersmith's first call for asset sales: the investment firm has said publicly that ALR should either sell or shutter its health management business. Comment! [Healthcare]
-
10:27 AM Echo Therapeutics (ECTE +2%) settles in following in 12% jump after the opening bell on the company's announcement that the clinical trial of its Symphony CGM System has received Institutional Review Board approval. The board approval enables the Symphony system, which is a non-invasive, wireless, transdermal continuous glucose monitoring platform, to offically start clinical evaluations for a European CE Mark. Comment! [Healthcare]
-
10:27 AM Amazon Web Services (AMZN) obtains FedRAMP accreditation, a security certification that should make it easier for state, local, and federal agencies to migrate workloads onto the cloud infrastructure platform. The credential has been granted two months after a report claimed AWS has won a 10-year, $600M deal from the CIA to build a private cloud for it. Comment! [Tech, Consumer]
-
10:22 AM The JPMorgan (JPM +1.1%) annual meeting is underway (webcast) (blog). Following an introductory movie, Jamie Dimon is speaking about bank performance. A tell? Director Ellen Futter - who's drawn plenty of scrutiny over her qualifications to sit on the risk committee - is a no-show. Comment! [Financials, Breaking News]
-
10:21 AM As Shell (RDS.A) focuses on a succession plan at its annual meeting today, a Coast Guard panel in Alaska is hearing how Shell feared disaster before its Kulluk drilling rig ran aground. Environmental groups warn that risks of Arctic drilling are a gamble like "five bullet Russian roulette." Meanwhile, Alaska is offering $50M to jump-start a study to determine the size of oil resources in the Arctic National Wildlife Refuge. Comment! [Energy]
-
10:14 AM Supercomputer maker Cray (CRAY +2.3%) rallies after Sterne Agee starts coverage with a Buy and $25 PT. Shares were drubbed earlier month after Cray provided soft Q2 guidance in tandem with a Q1 beat. Comment! [Tech, On the Move]
-
10:14 AM Mylan's (MYL -0.7%) says a Federal Circuit has reversed the District Court's decision invalidating five of its patents related to Perforomist. reinstating them as valid and enforceable. The company had previously announced a settlement agreement with Sunovion resolving the litigation relating to Sunovion's Brovana - pending the outcome of the appeal. Perforomist and Brovana are inhalers for treating bronchoconstriction in patients with COPD. Comment! [Healthcare]
-
10:05 AM LinkedIn (LNKD +2.6%) bounces after BGC starts coverage with a Buy and $225 PT. The business social networking leader is still down 7.5% from where it traded before delivering light Q2 guidance to go with a Q1 beat, but still remains up 62% YTD. Comment! [Tech]
-
10:04 AM SA Pro author Money Investor is even more convinced of his short thesis (see comment thread) on hhgregg (HGG -8.5%) after listening to last night's earnings call (transcript). A focus on various non-standard promotions is a tell of a company grasping at ways to drum up business, he says, and flat-negative same-store sales guidance shows management doesn't see things getting better. Comment! [Consumer, On the Move, Quick Ideas]
STOCKTALKS
Sign in to view StockTalks by people you follow
TOP ARTICLES10:37 AM ET TUESDAY MAY 21
PORTFOLIO
| Symbol | Alerts | Price | Chg | % Chg |
|---|
Latest Portfolio Headlines
More on this portfolio:
Day Watch |
Alerts |
Holdings |
Performance |
Momentum |
Valuation |
Profitability |
Dividends |
Debt |
Ownership
LATEST ARTICLES
- Oil Market Manipulation Reaches Absurd Levels by EconMatters • Comment!
- Greenback Rises Against Its Peers, Short British Pound / U.S. Dollar by Mario Sant Singh • Comment!
- Hedge Funds Are Buying 5 Highly Shorted And Oversold Stocks On Losing Streaks by Kapitall • 1 Comment
- More Bulls Than Bears For 3rd Week In A Row by Bespoke Investment Group • Comment!
- 'Sell In May': A Data Analytics Perspective by Jon Haghayeghi • Comment!
- Short Sellers See Downside To AREX, ZINC by Kapitall • Comment!
- The Ulcerative Colitis Game Of Thrones by Cory Renauer • Comment!
- Investors, Consider Chieftain Metal's Long-Term Investment Potential by John Mylant • Comment!
- Best And Worst ETFs And Mutual Funds: Mid-Cap Growth Style by David Trainer • 1 Comment
- American Society Of Clinical Oncology Abstracts Point To Potential Profits by David Greene • Comment!
ALPHA-RICH IDEAS
- Ryland: 2 Major Reasons Why This Homebuilder Is At Least 30% Overvalued by Money Investor • 3 Comments
- hhgregg: Gravity Will Return After A 175% Run Over The Last 6 Months by Money Investor • 13 Comments
- The Hard Money Has Been Made In Imperial Holdings by Whopper Investments • 8 Comments
- AdCare Tender Offer Looks Improbable by Benjamin Mackovak • 5 Comments
- CST Brands: Valero's Spin-Off Is Currently Undervalued And Under-Earning by Daniel Phillips • 17 Comments
- TeraGo: The Cheapest Communications Cash Cow You've Never Heard Of by Cash Man • 46 Comments
- POSCO: Sustainable Competitive Advantages, Significant Margin Of Safety And Catalysts For 150% Upside by ROIC1 • 9 Comments
- LCA-Vision: The Case For Calculated Optimism by Thomas Finser • 6 Comments
- American Greetings Waiting To Greet A Higher Bid by Whopper Investments • 13 Comments
- Fidelity National Financial: 33% Of The Title Insurance Market At The Cusp Of A Housing Recovery by Intangible Valuation • 6 Comments
MACRO VIEW
- Oil Market Manipulation Reaches Absurd Levels by EconMatters • Comment!
- Greenback Rises Against Its Peers, Short British Pound / U.S. Dollar by Mario Sant Singh • Comment!
- More Bulls Than Bears For 3rd Week In A Row by Bespoke Investment Group • Comment!
- Gold: Casualty Of Currency Manipulations? by Damir Tokic • Comment!
- How The Energy Boom Keeps Going by Kate Stalter • Comment!
- Chicago Fed: Slower Slow Growth In April... Again by James Picerno • Comment!
DIVIDENDS & INCOME
- DC Plan Sponsors Should Look Further Than Their Own Backyard by AllianceBernstein • Comment!
- 8.7% Dividend Payer Linn Energy Was Dissed At Ira Sohn - Is There Reason To Worry? by David White • 9 Comments
- Annaly: Overreaction To Fedspeak Could Be A Buying Opportunity by Regarded Solutions • 3 Comments
- A Winning Investment Strategy by Dividends4Life • 6 Comments
- For Apple, This Is Not Business As Usual by Bill Maurer • 9 Comments
- Memorial Production Partners: A Natural Gas Focused MLP With A 10.60% Yield by Albert Alfonso • 2 Comments
ETFs & PORTFOLIO STRATEGY
- 'Sell In May': A Data Analytics Perspective by Jon Haghayeghi • Comment!
- Research Review: Risk Management And Asset Allocation by James Picerno • Comment!
- Low Volatility Investing In 2013 by Ploutos • 4 Comments
- Nobel Laureate Thomas Sargent On Risk, Ambiguity, And Investment Decision-Making by CFA Institute Contributors • 1 Comment
- Your Portfolio Can Be All American by Tim McAleenan Jr. • 6 Comments
- Bernanke's 'Fed Speak' Ensures The Success Of Internet ETFs And The Buyback Achievers ETF by Gary Gordon • Comment!
INVESTING IDEAS
- Hedge Funds Are Buying 5 Highly Shorted And Oversold Stocks On Losing Streaks by Kapitall • 1 Comment
- Investors, Consider Chieftain Metal's Long-Term Investment Potential by John Mylant • Comment!
- Dell: Stay Public, Buy BlackBerry by StockSaints • 8 Comments
- Is Manchester United Post Ferguson A Good Buy? by Timothy Woods • Comment!
- Cisco's Price Correction Is Far From Over: Part 2 by William Cikos • Comment!
- Foot Locker Inc. - Recent Strategies At Play by Fundamental Analyst • Comment!