Category Archives for: ETF BASIC NEWS

Eli Lilly Buys Migraine Treatment Specialist CoLucid For $960M In Cash

From Eli Lilly and Co (NYSE:LLY) will acquire CoLucid Pharmaceuticals, a maker of a cutting edge migraine headache treatment, for $960 million, the two companies announced this morning.
ETF BASIC NEWS January 18, 2017 7:28am

Honeywell Shares Fall As Outlook Could Miss Estimates

From Industrial giant Honeywell International Inc. (NYSE:HON) early Friday offered a weaker-than-expected 2017 outlook, sending its shares lower in morning trading.
ETF BASIC NEWS December 16, 2016 9:07am

Dow, S&P, NASDAQ All Open Higher in Wake of French Terror Attack

Eiffel Tower ImageFollowing another big rally yesterday, the Dow Jones, S&P 500, and Nasdaq 100 all opened higher again Friday morning, despite latest terrorist attack to hit France.
ETF BASIC NEWS July 15, 2016 9:36am

Wal-Mart Stores, Inc. (WMT) Tries Subtle Cost Cutting Measures In China And It Backfires

walmartTyler Durden:  As we have covered ad nauseam, companies who rushed to perform the most altruistic of favors to workers by raising wages are now facing the realization that profitability simply can't be maintained, and thus are taking measures to cut costs (ie: firing people or reducing hours).
ETF BASIC NEWS July 8, 2016 10:56am

Tesla Motors Inc (TSLA) Drops On Report Of Another “Autopilot” Crash And Rollover

tesla motorsTyler Durden:  Last week, Tesla Motors Inc (NASDAQ:TSLA) stock tumbled after it was belatedly revealed that a driver had been killed while his 2015 Model S, which had been in self-driving mode, failed to notice a turning truck and crashed into it head on, killing the driver (who may have been watching a Harry Potter DVD at the time).
ETF BASIC NEWS July 6, 2016 1:27pm, Inc. (AMZN): Surprising New Highs In The Uptrend For This Stock

amazonCorey Rosenbloom:  If you’re a casual observer, it might be surprising that any stock could be making new all-time highs after the Brexit volatility.

Existing-Home Sales In May Highest Pace In 9 Years

residential real estateJill Mislinski:   This morning's release of the May Existing-Home Sales increased from the previous month to a seasonally adjusted annual rate of 5.53 million units from a downwardly revised 5.43 million in April.
ETF BASIC NEWS June 22, 2016 4:12pm

Intel Corporation (INTC) Leaps Into The Cloud

intelJon Markman:  Surely you remember Intel Corporation (NASDAQ:INTC). It is still the largest U.S. semiconductor maker, but has curiously faded from prominence.

Analyst Slams Tesla Motors Inc’s (TSLA) Bid For SolarCity Corp (SCTY)

elon muskTyler Durden:  As we reported one month ago, on a standalone basis the pain for cash-bleeding SolarCity Corp (NASDAQ:SCTY) was only just starting. That all may have changed last night as a result of the shocking takeover proposal by a conflicted Elon Musk who surprised markets, not to mention Tesla Motors Inc (NASDAQ:TSLA) longs, by announcing a bid for the troubled solar company.

Gilead Sciences, Inc. (GILD): The Critical Support Breakdown Trading Level For This Stock

technical chart lookCorey Rosenbloom:  If you’re trading – or thinking about trading – Gilead Sciences, Inc. (NASDAQ:GILD), take a look at this key level right now.

Alphabet Inc (GOOGL): A Gap Out and Breakdown For The Stock

googleCorey Rosenbloom:  Google Inc (NASDAQ:GOOGL) shares broke to new swing lows today after a gap-down and strong sell-swing.
ETF BASIC NEWS June 20, 2016 12:54pm

Caterpillar Inc. (CAT) Retail Sales Decline For Unprecedented 42nd Consecutive Month

wall-street-etfTyler Durden:  There was some glimmers of hope that after a modest rebound in North American and Chinese retail sales of industrial bellwether Caterpillar in the early part of the year, that the manufacturing landscape may be finally changing as demand for CAT heavy manufacturing and construction equipment re-emerges.

Microsoft Corporation (MSFT) Buys LinkedIn Corp (LNKD) For $196/Share

backroomdeals600X300Tyler Durden:  Merger Monday is back with a bang, when moments ago (Monday) Microsoft Corporation (NASDAQ:MSFT) announced that it would buy LinkedIn Corp (NYSE:LNKD) for $196/share, a massive 50% premium to the Friday closing price of $131.
ETF BASIC NEWS June 14, 2016 1:07pm

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