A key gauge of U.S. home builders’ confidence in the housing market rose modestly in April but remained low for the third straight month. The National Association of Home Builders/Wells Fargo builder sentiment index edged up to 47 this month from 46 in March. Readings below 50 mean builders view sales conditions as poor. Hovnanian…
Shares of Facebook Inc (NASDAQ:FB) were the recipient of a significant increase in short interest in the month of January. As of March 31st, there was short interest totaling 41,167,893 shares, an increase of 6.1% from the March 14th total of 38,801,069 shares. Facebook Inc (NASDAQ:FB) stock performance was 0.34% in last session and finished…
Apple Inc (NASDAQ:AAPL) has made a “promising start” to enhancing its antitrust compliance program after being found liable last year for conspiring to raise e-book prices, but more work is required, a court-appointed monitor said Monday. Apple Inc. (NASDAQ:AAPL) stock performance was -0.71% in last session and finished the day at $517.96. Traded volume was…
Corcept Therapeutics, Inc. (NASDAQ:CORT) entered into a manufacturing agreement (the “Agreement”) with AAIPharma Services Corp. (“AAI”), pursuant to which AAI will manufacture and package Korlym® tablets (the “product”). AAI will manufacture the product in accordance with FDA and other regulatory requirements. Corcept Therapeutics Incorporated (NASDAQ:CORT) stock performance was -6.85% in last session and finished the…
ABI, which employs 3 600 people, generates around 60% of The Coca-Cola Company (NYSE:KO) sales in the country. Trade unions are considering taking legal action against the company as they claim the layoffs at one of the biggest bottlers and distributors of The Coca-Cola Company (NYSE:KO) brand in the southern hemisphere are closer to 1…
Radiant Logistics, Inc. (NYSEMKT:RLGT) was a big mover last session, as the company saw its shares rise over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. this breaks the recent trend of the company, as the stock is now trading above…
