Trading Ideas

(Bloomberg) — Chesapeake Energy Corp. collapsed to a 20-year low Wednesday, one day after the shale gas driller warned it may not be able to outlast low fuel prices and issued a “going concern” notice.Shares fell as much as 24% intraday to their lowest since 1999. The stock also briefly dipped below the $1/share mark, and Wall Street isn’t optimistic on Chesapeake’s future.“While we don’t expect this move to come as a surprise given balance sheet issues, the going concern warning in the most recent 10-Q highlighted a declining leverage covenant that may be [to] difficult overcome in our view,” …read more […]

Canadian gold miner Semafo said on Wednesday that several people had been killed when a convoy transporting some of its workers was attacked on a road in eastern Burkina Faso. This is the third deadly attack suffered by Semafo in 15 months, with two occurring in August last year also targeting vehicles in transit between Semafo’s mines. The attack took place on the road between Semafo’s Fada and Boungou mine sites, about 40 kilometres from Boungou, the company said in a statement. …read more […]

A look at the equity index put option contracts that Berkshire wrote in the mid-2000’s. Continue reading… …read more […]

American Airlines Group expects U.S. Federal Aviation Administration approval of Boeing Co’s grounded 737 MAX jets in the near future, Chief Executive Doug Parker said on Wednesday. Like other U.S. 737 MAX airlines, American is scheduling without the aircraft until the FAA approves new software and training updates by Boeing after two fatal crashes. Boeing has said it is targeting FAA approval this year. …read more […]

Q3 2019 Portola Pharmaceuticals Inc Earnings Call …read more […]

We’ve lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On… …read more […]

A look at Berkshire’s year to date financial results. Continue reading… …read more […]

Dan Roberts, Heidi Chung and Kristin Myers discuss the end of Uber’s lockup period on YFi-AM. …read more […]

American Airlines Group expects U.S. Federal Aviation Administration approval of Boeing Co’s grounded 737 MAX jets in the near future, Chief Executive Doug Parker said on Wednesday. When it does, we will be ready,” Parker said at the Baird Industrial Conference. …read more […]

Some of the biggest, hottest brands and businesses are tapping into the public markets in 2019. But before a company can offer shares to investors on the open market, it needs to go public. To go public, it needs to put together an IPO. What is an IPO and what does IPO stand for? An Initial Public Offering (IPO) is the first step in allowing everyday investors to purchase shares of a newly public company.
The IPO process is much more involved than just picking a stock ticker and setting a share price. There’s an extensive process involved in getting …read more […]

Canadian gold miner Semafo said on Wednesday that several people had been killed when a convoy transporting some of its workers was attacked on a road in eastern Burkina Faso. The attack took place on the road between Semafo’s Fada and Boungou mine sites, about 40 kilometres from Boungou, it said in a statement. The Boungou mine is secure and operations are not affected, Semafo said in the statement. …read more […]

(Bloomberg) — A large stake in Uber Technologies Inc. changed hands before the market opened on Wednesday, a person familiar with the matter said, as post-IPO selling restrictions lift for early investors and insiders.Goldman Sachs sold about 2 million shares on behalf of an unknown selling holder at $26.90 each, a 4.0% discount to Tuesday’s closing price. Shares were offered at $26.75 to $27.00. Shares in 2019’s largest U.S. IPO closed 38% below the May offering price on Tuesday ahead of lockup expiration Wednesday.This could be the first of many Uber block trades on Wednesday, a trader said. Goldman Sachs …read more […]

We’ve lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On… …read more […]

Yahoo Finance’s Ines Ferre breaks down the market action for Walgreens, Humana, and Xerox. …read more […]

Today we’ll do a simple run through of a valuation method used to estimate the attractiveness of Eldorado Gold… …read more […]