Twitter Inc. (NYSE:TWTR) has announced plans to sell convertible bonds as it looks to raise cheap cash, a tactic used by several other companies. The market took a cautious approach on the news, with the stock closing down 0.51%. Twitter, Inc. (NYSE:TWTR)’s stock on 15 September traded at beginning with a price of $51.60 and…
GT Advanced Technologies Inc. (NASDAQ:GTAT) stock tanked after it became clear that Apple Inc. (AAPL) new iPhone 6would feature an ionized glass screen with an oleophobic coating rather than the much-touted sapphire glass. Even though the Apple Watch will sport a sapphire glass screen, it will be released early next year and its success has been questioned…
Hewlett-Packard Company (NYSE:HPQ) has been under investigation from US regulators since late last year. The computer maker’s Russian unit – ZAO Hewlett-Packard AO pleaded guilty yesterday to the claim that it had bribed Russian government officials for a contract. The unit faces fines of almost $59 million for its conduct. Hewlett-Packard Company (NYSE:HPQ) belongs to…
A number of research firms have recently commented on SCTY. Analysts at S&P Equity Research reiterated a “sell” rating on shares of SolarCity Corp in a research note on Tuesday, August 19th. They now have a $39.46 price target on the stock, down previously from $47.65. Separately, analysts at Robert W. Baird downgraded shares of…
Keryx Biopharmaceuticals Inc. (NASDAQ:KERX) has received green signal from the FDA for its drug, ferric citrate, to reduce phosphate levels in patients living with chronic kidney disease (CKD) Keryx Biopharmaceuticals Inc. (NASDAQ:KERX) belongs to Healthcare sector. Its weekly performance is -18.57%. On last trading day company shares ended up $14.65. Keryx Biopharmaceuticals Inc. (NASDAQ:KERX) distance…
Shareholders of Las Vegas Sands Corp (NYSE: LVS) looking to boost their income beyond the stock’s 3.2% annualized dividend yield can sell the January 2016 covered call at the $77.50 strike and collect the premium based on the $2.37 bid, which annualizes to an additional 2.8% rate of return against the current stock price (at…
