Trading Ideas

If after seeing Amarin (AMRN) stock tumble 35% over the past year, you consoled yourself with the knowledge that “at least it can’t get any worse” — surprise! It just got worse.On Monday, a judge for the United States District Court for the District of Nevada ruled against Amarin and in favor of two generic drug manufacturers seeking to produce drugs based on Amarin’s Vascepa hypertriglyceridemia treatment, invalidating six Amarin patents in the process. Of course, Amarin quickly promised to “vigorously pursue all available remedies, including an appeal of the Court’s decision and a preliminary injunction pending appeal to … …read more […]

The world’s largest hotel company has another data breach on its hands. Marriott International notified about 5.2 million guests Tuesday that their information was compromised through an app used to provide services at hotels. From mid-January of this year through the end of February, “an unexpected amount of guest information” was accessed through two employees’ […] …read more […]

Amazon will come out of the coronavirus pandemic stronger than before, according to Big Tech critic Scott Galloway. …read more […]

Buckle up, we’re in for a bumpy ride. The number of new coronavirus (COVID-19) cases continues to surge, and as such, the market’s volatility has persisted. Following up the drop on March 27, stocks started off the week by gaining on the lockdown extension in the U.S. While the movements in yesterday’s session were less extreme than we’ve become accustomed to seeing, it remains unclear when the market will hit bottom.Against this backdrop, it’s easy to understand why some investors have been sent running for the hills. However, thrill-seeking Wall Street observers see exciting opportunities as the market whipsaws. To …read more […]

American Airlines Group Inc is set to sharply increase the number of jets it is planning to retire beyond its announced plans as it accelerates a fleet transformation to respond to the coronavirus crisis, people familiar with the matter said. Some 4,700 jets have been parked globally as airlines slash operations due to travel restrictions, according to Ascend by Cirium fleet data, and American’s decision confirms industry speculation that many of those older jets won’t fly again. In addition to the retirement of 34 Boeing Co 757s and 17 Boeing 767s announced just two weeks ago, American now …read more […]

Potential Novan, Inc. (NASDAQ:NOVN) shareholders may wish to note that insider Joseph Moglia recently bought US$430k… …read more […]

Sarah Ketterer, Causeway Capital Management CEO, joins Yahoo Finance’s Alexis Christoforous and Brian Sozzi to discuss how coronavirus has impacted the markets. …read more […]

American Airlines Group Inc is set to sharply increase the number of jets it is planning to retire beyond its announced plans as it accelerates a fleet transformation to respond to the coronavirus crisis, people familiar with the matter said. Some 4,700 jets have been parked globally as airlines slash operations due to travel restrictions, according to Ascend by Cirium fleet data, and American’s decision confirms industry speculation that many of those older jets won’t fly again. In addition to the retirement of 34 Boeing Co 757s and 17 Boeing 767s announced just two weeks ago, …read more […]

Greg Swenson, Brigg McAdam Founding Partner, joins Yahoo Finance’s Alexis Christoforous, Brian Sozzi and Heidi Chung to discuss how markets are weathering the coronavirus outbreak. …read more […]

Abbott Laboratories stock is lighting up the market this week. However, where did this spike come from? The health care and medical device company has received emergency FDA approval on their 5-minute coronavirus test.
Abbott Laboratories (NYSE:ABT) made the announcement on Friday, March 27th and the stock market responded quickly. The company will begin to ramp up production on their groundbreaking test, which makes their stock one to watch during the pandemic.

Why is Abbott Laboratories Stock Gaining So Much Traction?
Is this the first time you are hearing about Abbott Labs? If so, it will not be the last. The Illinois-based company …read more […]

The latest analyst coverage could presage a bad day for Murphy Oil Corporation (NYSE:MUR), with the analysts making… …read more […]

Have the markets turned the corner? Four of the past five trading sessions have seen net gains. The S&P 500 is up 17% from the March 23 trough. The question now is, are markets truly trending back up, or are traders simply taking advantage of low prices after the recent heavy losses?That’s the question for the long term. For the moment, traders are taking some comfort in the gains, which have clawed back some one third of the value lost in the bearish run.With that in mind, Goldman Sachs analysts have been coming the markets for buy-side options, and in …read more […]

The analysts covering Hertz Global Holdings, Inc. (NYSE:HTZ) delivered a dose of negativity to shareholders today, by… …read more […]

Perhaps you’ve heard that portfolio diversification helps protect investors from risk. If so, are you wondering how diversification protects investors?
For starters, we need to understand what we mean by diversifying our portfolio to hedge against risk. Diversifying your portfolio simply means investing in a variety of different types of assets.

Two Different Types of Risk
When you invest in a financial asset, you take on risk. This may sound like a bad thing. But it isn’t. Because without risk, there would be virtually no reward.
The more risk we take on when investing, the higher the potential return we have in the long …read more […]

(Bloomberg) — Cruise line operator Carnival Corp. is turning to all corners of the capital markets to raise $6 billion of cash after the Covid-19 pandemic halted travel, bringing its business to a near standstill.The company is tapping bond investors on both sides of the Atlantic with a $3 billion sale of secured notes in U.S. dollars and euros, according to people with knowledge of the matter who asked not to be identified because the details are private. The new notes will be secured by a first-priority claim on the company’s assets and mature in three years, the people said.Carnival …read more […]