World’s biggest retail chain, Wal-Mart Stores Inc. (NYSE: WMT) announced on Monday that it will soon introduce a prepaid card in partnership with American Express Company (NYSE: AXP), a move which would allow its low income consumers to access services such as smartphone deposits.
Continue reading Wal-Mart and American Express To Introduce Prepaid Card Deal (WMT, AXP)
Shares of CoroWare Inc (OTCQB: COWI), a Washington based Company that is involved in developing business automation and mobile service robotics solutions and also providing computer software outsourcing services, are soaring in today’s trading.
Minnesota-based health and well-being company, UnitedHealth Group Inc. (NYSE: UNH) announced today that it had agreed to acquire a 90% stake in the largest health care company in Brazil, Amil Participacoes S.A. The acquisition allows UNH to expand overseas.
Continue reading UnitedHealth Group to Acquire 90% Stake in Amil Participacoes (UNH)
Shares of Marathon Petroleum Corp. (NYSE: MPC), a Findlay, Ohio-based company engaged in the refining, transportation and marketing of petroleum products in the U.S., are soaring in trading today. At last check, MPC shares were trading 7.56% higher at $59.02 on above average volume of 3.20 million. The stock hit a 52-week high of $60.04 in trading today.
Shares of Constellation Brands Inc. (NYSE: STZ), a leading premium wine company, are up sharply in trading today following the release of second-quarter financial results.
Continue reading Constellation Brands Shares Rise on Q2 Results (STZ)
Shares of Groupon Inc. (NASDAQ: GRPN), a local e-commerce marketplace that connects merchants to consumers by offering goods and services at a discount, are soaring in trading today. At last check, GRPN shares were trading 9.17% higher at $5.24 on above average volume of 12.72 million. The stock hit an intra-day high of $5.37 in trading today. It has now gained more than 12% in the last three trading sessions.
Continue reading Major Gainers and Losers on October 5; GRPN, ZNGA, AVP, FSLR, PAY, GMCR
Shares of XFormity Technologies Inc. (PINK: XFMY), a provider of business solutions to multi-unit business operators primarily in the food-service industry in North America, are seeing a huge rally in trading today.
Shares of Zynga Inc. (NASDAQ: ZNGA) tumbled 20% in premarket trading on Friday after the company late on Thursday downwardly revised its outlook on fiscal 2012. The company has now slashed its fiscal 2012 guidance for the second time in last two months.
Hotel chain operator, Marriott International Inc. (NYSE: MAR) reported better-than-expected fiscal third-quarter earnings, thanks to higher occupancy rate in North America, rising room rates in the wake limited room supply and company’s cost-cutting measures, helping the company offsetting weakness in Europe.
Continue reading Marriott International Reports Q3 Results (MAR)
Stocks with Insider Buying (ROVI, STAG, ESL, SWHC)
When investing in stocks, there are number of different things you should keep a watch on. Earnings, macroeconomic environment, product launches, competitors and management changes are some of the things you should look at when investing in a company. Some investors also look at charts before making buy and sell decisions.
Apart from the things mentioned above, one important thing I recommend keeping an eye on is insider transactions. Today, I want to focus on insider buying activity. When insiders buy shares of their company, it generally means that they are confident about the company’s prospects. So here are some recent insider buys.
Continue reading October 2012 Newsletter – Stocks with Insider Buying