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Biocept Inc BIOC Stock News

Biocept Inc (NASDAQ: BIOC)

Biocept is having an incredible day in the market today. This is following up on the large gains that we saw on the stock yesterday. Today, we are only minutes into the session. However, the stock is already trading on massive gains. After started the day off with gains of more than 50%, the stock seems to be heading further upward. Below, we’ll talk about what we’re seeing in the market, why, and what we’ll be watching for with regard to BIOC ahead.





What We’re Seeing From BIOC

As mentioned above, Biocept is having an overwhelmingly strong start to the trading session today. Following up on the gains we saw yesterday, the stock started the day with impressive profits. While we are only minutes into the session, it seems as though those profits are likely to continue, as the stock continues to head in the upward direction. At the moment (9:41), BIOC is trading at $2.93 per share after a gain of $1.12 per share (61.88%) thus far today.

Why The Stock Is Climbing

As was the case in the beginning of the run yesterday, our partners at Trade Ideas were the first to inform us of the gains on BIOC today. As soon as they did, the CNA Finance team started digging to see exactly what was causing the movement. In our search, the answer quickly became clear. The gains that we’re seeing on BIOC today are a continuation of movement that we saw on the stock yesterday following a positive press release.


In the press release, investors learned that far more people will now have access to Biocept testing. In fact, we learned that the company has entered into a provider agreement with Blue Cross Blue Shield. That means that the company can now add customers of one of the largest insurance companies in the world to its growing audience.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on BIOC. In particular, we’re interested in seeing coming sales reports following this update. We’re also interested in seeing if any more provider agreements are to come down the line. We’ll be watching the news closely and bringing you the updates as they break!

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IEG Holdings IEGH Stock News

IEGH is continuing to attract market attention, recently grabbing the focus of ACF Equity Research, which has provided a value upgrade and share price target of $8.58 per share.

The value increase projected by ACF is based on the organic growth that IEGH is delivering in regard to booked loans, free cash flow models, and its aggressive and successful expansion into additional markets throughout the United States. The increased price target excludes the potential value from a completed acquisition of OneMain Holdings, which IEGH announced its intent on January 6, 2017.





Basis For Value Upgrade

The ACF upgrade was considered on several fronts. First, IEGH has confirmed its guidance to become free cash flow positive in Q1 of 2017E, benefiting from aggressive cost cutting and an efficient business model. Next, IEGH has announced its intention to commence paying a regular cash dividend beginning in 2017. And, finally, IEGH will be initiating a stock repurchase program that has been authorized by the board of directors. The stock repurchase program will purchase shares on the open market, utilizing an allocation of $2 million dollars for the program.

IEGH has been steadfast in delivering shareholder value, reaching its FCF positive position well ahead of forecast. The company has delivered record growth for the year ending December 31, 2016 and is on a path to expand its service base into 25 states by the middle of 2017.

Additional Value From OneMain Acquisition

Absent from the upgrade is the value that may be gained from its unsolicited all-stock acquisition offer for OneMain Holdings.


IEGH is working to educate OneMain investors as to the synergistic and long-term benefit of accepting the IEGH offer. IEGH believes that they can immediately cut over $1 billion dollars in unnecessary costs from a combined overhead, eliminate brick and mortar locations, and resize the combined company to efficiently take advantage of growing consumer demand for online loans. IEGH offers a simple and expedited lending experience, with a clear application process designed to provide complete lender transparency.

The terms of the offer call for two IEGH shares to be given for each single share of OneMain Holdings common stock. IEGH management believes that the offer can be immediately accretive and lead to a paramount shift for a combined IEGH/OneMain, delivering a combined profitable entity that will not be burdened with excessive executive and real property overhead.

Acquisition Opportunity

If IEGH shares continue to gain traction, the terms of the deal are not necessarily out of proportion. While on paper the two companies appear to be miles apart on valuation, it must be said that, while IEGH is delivering on its ability to deliver positive FCF, the same cannot be said of OneMain. Additionally, OneMain does not offer a dividend to shareholders at this time.

It may be worth the while of both companies to sit and discuss the streamlined benefits of a combined entity.

With brick and mortar clearly being phased out in a broad spectrum of commerce, OneMain should, perhaps, pay closer attention to what IEGH has to offer – as should their shareholders, who have the most to gain or lose.

CNA Finance will keep followers apprised of additional and real-time developments.

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General Motors Company GM Stock News

General Motors Company (NYSE: GM)

General Motors was off to a relatively strong day in the market today. After starting the day off in the green, the stock went on a slow and steady crawl toward the top. However, that slow and steady crawl turned into a mad dash minutes ago, after the company released news. Below, we’ll talk about what we’re seeing, the news that’s causing the move, and what we’ll be watching for with regard to GM ahead.





What We’re Seeing From GM

As mentioned above, General Motors has been having a great time in the market all day today. At the beginning of the day, the stock was slightly in the green. From there, the stock went on slow movement toward the top. That all changed minutes ago when the slow movement turned into a spike upward. At the moment (1:12), GM is trading at $37.73 per share after a gain of $1.72 per share (4.78%) thus far today.

Why The Stock Is Gaining

As is generally the case, our partners at Trade Ideas were the first to notify us of the upward movement on GM. As soon as we got the alert, the CNA Finance team started digging to see exactly what was causing the movement. It didn’t take long to uncover the story in this case. It seems as though news released minutes ago by the company is the cause of the gains.

The news is that the Board of Directors at General Motors has made the decision to authorize a massive addition to its share repurchase plan. According to the announcement, the Board has authorized the addition of $5 billion for the purpose of repurchasing shares. Of course, this shows confidence in further growth at the company, causing excitement among investors.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on GM. In particular, we’re interested in learning more about the pace at which shares will be repurchased. Also, we’ll be watching Trump closely in this case as well. While today’s news is good, the battle between Trump and the auto industry could get nasty. Nonetheless, we’ll be watching the news closely and bringing it to you as it breaks!

Update – GM has also increased 2017 EPS guidance, which is now in the range of $6.00 to $6.50. This is great news with consensus estimates at $5.73 per share.

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Brookdale Senior Living BKD Stock News

Brookdale Senior Living, Inc. (NYSE: BKD)

Brookdale Senior Living didn’t look like it was having the best of days in the market today. When the opening bell rang, the stock was slightly in the red. From there, we saw slow and steady declines until about 10:15. While the stock has been slowly working to recover, it was in the red all day. That is, until minutes ago when it started spiking. Below, we’ll talk about what we’re seeing in the market, why, and what we’ll be watching for with regard to BKD ahead.





What We’re Seeing From BKD

As mentioned above, Brookdale Senior Living wasn’t off to the best of days in the market today. When the opening bell rang, the stock was slightly in the red. While it did remain in the red for most of the day, since about 10:15 it has been working to recover. Now, that recovery has been kicked into overdrive. Minutes ago, the stock started spiking. By 12:45, it was halted after reaching $15.02 per share folowling a gain of $2.17 per share (16.89%) thus far today.

Why The Stock Is Spiking

As is usually the case, our partners at Trade Ideas were the first to notify us of the gains on BKD. As soon as they did, the CNA Finance team started digging to see exactly what was causing the movement. In this case, it didn’t take long to uncover the story. It seems as though the gains may be the result of a potential deal.


Here’s what we do know… It is a fact that the stock was in the red for most of the day. It is also a fact that the stock started spiking minutes ago before being halted. Now, why it was spiking is still a mystery, but it seems to be the result of a deal in progress according to social rumors. This may be an acquisition my friends!

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on BKD. In particular, we’re watching to see what the true reason for the halt is. If it does turn out to be an acquisition, we can expect a big jump when this thing reopens. We’ll watch the news closely and bring it to you as it breaks!

Update: Rumor is evolving – CSU is said to be the buyer.

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FireEye FEYE Stock News

FireEye Inc. (NASDAQ: FEYE)

FireEye was having what seemed to be a normal day in the market today. When the market opened, the stock was trading slightly in the green. From there, we saw some ups and some downs, but the movement wasn’t anything worth writing home about. However, that all changed minutes ago as the stock started to make a run for the top. Below, we’ll talk about what we’re seeing in the market, why, and what we’ll be watching for with regard to FEYE ahead.





What We’re Seeing From FEYE

As mentioned above, FireEye was off to what looked like it was going to be a normal trading session today. While the stock started slightly in the green, it quickly made its way to the red. From there, the stock continued to teeter at the breakeven point, spending the day either slightly above or slightly below the line. That is, until minutes ago when the stock started to scream for the top. Currently (11:31), FEYE is trading at $12.95 per share after a gain of $0.26 per share (2.05%) thus far today.

Why The stock Is Edging Upward

As is usually the case, our partners at Trade Ideas were the first to inform us of the upward run on FEYE. As soon as they did, the CNA Finance team started digging to see exactly what was causing the movement. In our search, we were unable to find any fundamental news that was released by the company. However, we did find something interesting in the social space.


Regardless of which social network is your favorite, if you search for FireEye at the moment, chances are that you’ll see an interesting rumor. The rumor is that the company has either received, or will be receiving, a takeover offer – depending on which network you search. Keep in mind that, at the moment, the rumor is yet to be confirmed.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on FEYE. In particular, we’re interested in learning if there is any validity to the rumor surfacing in the social space. Of course, if it is true, we can expect strong value to be returned to shareholders. We’ll be watching the news closely and bringing it to you as it breaks!

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TASER International TASR Stock News

TASER International, Inc. (NASDAQ: TASR)

TASER International is having an interesting day in the market today, to say the least. When the opening bell rang, the stock was well in the green. From there, it took a bit of a dive to the red. However, minutes ago things changed as the stock started to make it’s way to the top. Below, we’ll talk about what we’re seeing from the stock, why, and what we’ll be watching for with regard to TASR ahead.





What We’re Seeing From TASR

As mentioned above, Taser International is having an interesting day in the market today. At the open of the market, the stock was trading on relatively impressive gains. However, that didn’t last long. Shortly after the bell, the stock started to spike downward. Nonetheless, minutes ago momentum changed yet again, leading to gains on the stock. Currently (11:11), TASR is trading at $24.80 per share after a gain of $0.53 per share (2.18%) thus far today.

Why The Stock Is Headed Upward

As usual, our partners at Trade Ideas were the first ot inform us of the gains on TASR. As soon as they did, the CNA Finance team started digging to see exactly what was causing the gains. It didn’t take long to uncover the story. In this particular case, it seems as though the stock is gaining on positive news out of the FCC.


Early today, investors learned that Taser International has received FCC approval for one of its new products. That product is the Axon Flex 2 HD Camera. As a result of the approval, TASR now has the ability to start shipping the product. So we’re seeing big gains in the value of the stock as investors react.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on TASR. In particular, we’ll be watching for sales reports to see how well the new product performs. From the looks of it, this may be a big hit. We’ll watch the news and bring the stories to you as they break!

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Sarepta Therapeutics SRPT Stock News

Sarepta Therapeutics Inc (NASDAQ: SRPT)

Sarepta Therapeutics didn’t look like it was going to have the best of days in the market today. While the stock was in the green at the start of the session, it went on a dash toward the bottom when the opening bell rang. However, minutes ago, things started to change for the stock in a big way as it started to spike upward. Below, we’ll talk about what we’re seeing from the stock, why, and what we’ll be watching for with regard to SRPT ahead.





What We’re Seeing From SRPT

As mentioned above, Sarepta Therapeutics didn’t look like it was off to the best of starts in the market today. Although the stock did start the day in the green, it didn’t take long to make it to the red after the opening bell. Nonetheless, minutes ago, the stock started to spike upward in a big way. At the moment (10:42), SRPT is trading at $36.22 per share after a gain of $4.96 per share (15.88%) thus far today.

Why The Stock Is Climbing

As is nearly always the case, our partners at Trade Ideas were the first to inform us of the gains on SRPT. As soon as they did, the CNA Finance team started digging to see what was causing the movement in the stock. In this case, it took no time at all to uncover the story. Minutes ago, the company released a business update that excited investors.


In the update, Sarepta Therapeutics offered several bits of positive news. First and foremost, the company generated $5.4 million through Exondys 51 in the fourth quarter. On top of that, they have received more than 250 start forms – more than 100 of them from physicians. Finally, the company explained that it is currently in active discussions with payers to expand the horizons of covered lives.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on SRPT. In particular, we’ll be watching for further developments with regard to Exondys 51. If the company continues in this direction, there’s definitely more positive news to come. We’ll keep a close eye on the story and bring the news to you as it breaks!

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EnteroMedics ETRM Stock News

EnteroMedics Inc (NASDAQ: ETRM)

EnteroMedics is having an interesting day in the market today. After starting the day off well in the green, the stock took a dive at the opening bell, bringing it into the red. However, that didn’t last long. Minutes ago, the stock started spiking yet again, adding to the massive gains that we’ve seen recently. Below, we’ll talk about what we’re seeing from the stock, why, and what we’ll be watching for with regard to ETRM ahead.





What We’re Seeing From ETRM

As mentioned above, EnteroMedics is in the midst of a wild ride in the market today. When the opening bell rang, the stock was trading well into the green. However, shortly after the opening bell, we saw a slide to the red. And then we saw big gains in the stock just minutes ago as yet another spike began. Currently (10:27), ETRM is trading at $19.41 per share after a gain of $1.71 per share (9.66%) thus far today.

Why The Stock Is Gaining

As usual, our partners at Trade Ideas were the first to inform us of the gains on ETRM. However, this isn’t the first time we’ve gotten this alert. The truth is that they’ve been lighting us up about the stock regularly over the past few sessions, and for good reason. The stock has been soaring in the market. The reason for this is simple.


Late last week, investors got great news from Enteromedics. The company’s flagship therapy, vBloc, had been successfully implanted at two more facilities. With the expansion of vBloc, it seems as though things are finally coming together for the company, and investors are excited. As a result, we’re seeing gains in the market in response.

What We’ll Be Watching Ahead

Moving forward, the CNA Finance team will be keeping a close eye on ETRM. In particular, we’ll be watching for news with regard to further expansion, as it is clear that this is a key goal for the company. We’re also interested in learning more about sales volume at the current vBloc therapy locations. We’ll keep a close eye on the news and bring it to you as it breaks!

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IEG Holdings IEGH Stock News

IEGH responded swiftly and with determination on Monday after OneMain Holdings made a public statement calling IEGH’s bid to acquire all of the outstanding shares of OneMain stock as “grossly inadequate”. Our partners at Trade Ideas provided a real time news alert after hours, bringing the IEGH response to our news desk.





IEGH Disagrees And Makes Case For Acquisition

Despite the strong rhetoric from management at OneMain Holdings, IEGH Chairman and CEO, Paul Mathieson, strongly disagrees with OneMain’s sentiment and insists that OneMain shareholders should be afforded a say in the matter.

Despite the difference in company valuation, IEGH may, in fact, be offering a better method of conducting business. In a generation where brick and mortar concepts are falling by the wayside, as evidenced by the continued erosion of mega-retail giants like Macy’s, Limited, and Aeropostale, IEGH’s belief that brick and mortar is becoming an antiquated method of conducting business is not without merit.


IEGH is bringing their case to all shareholders, offering a compelling value proposition to OneMain and IEGH shareholders, citing a plan to accelerate a route to transition from the archaic OneMain brick and mortar business model, to the modern online-only method of lending that IEGH is successfully implementing across the United States.

IEGH is making a case that by failing to take the offer seriously, the OneMain board of directors demonstrates that they remain out of touch with the trend in the industry and may place the company at risk, as the online lending sector continues to consolidate and will likely make continued profitability difficult for brick and mortar concepts.

IEGH Tells Investors Why

According to IEGH, key benefits of combining IEG Holdings and OneMain include:

  • Significant business synergies from combining the two businesses, including estimated cost savings of at least $1 billion per year from transforming the OneMain brick and mortar business model to IEG Holdings’ 100% online only distribution business model, resulting in the closure of over 1,700 OneMain offices, termination of over 11,000 employees, substantial cuts in advertising/marketing costs, and other significant cost cutting measures, including a cut in the Chief Executive Officer’s annual base salary to $1 per year and reduction in aggregate annual executive compensation by at least $40 million.
  • Improvement in combined business from re-branding of OneMain to the Mr. Amazing Loans brand, termination of low margin OneMain business segments with a new focus on high margin unsecured loans to near prime clients, focus on refinancing of existing high quality OneMain customers and termination of lending to sub-prime OneMain customers with FICO score of less than 600 to reduce OneMain loss levels.

IEGH Urges Negotiation

From its release, IEG Holdings urges OneMain to enter into negotiations with IEGH, rather than simply dismiss the synergies of transitioning its customers online and $1 billion per annum of cost savings that could be obtained from a merger of the two companies.

On January 5, 2017, IEG Holdings commenced a tender offer to purchase up to all of the outstanding shares of OneMain’s common stock, provided, however, that IEGH is willing to accept any number of shares of OneMain common stock, even if such shares, in the aggregate, constitute less than a majority of OneMain’s outstanding common stock. IEG Holdings is offering to exchange two shares of IEGH common stock for each outstanding share of OneMain common stock.

Paul Mathieson, IEGH Chairman and Chief Executive Officer, said, “We ask OneMain shareholders to consider whether they wish to move forward with an online business model aimed at the future or continue to support an outdated ‘brick and mortar’ model. We are surprised by OneMain’s dismissive response to IEGH’s offer. The response highlights the importance of our offer as history is littered with the relics of archaic ‘brick and mortar’ business models being overrun with an improved online variant, for example ‘Netflix’ versus ‘Blockbuster’.”

IEGH Reasons for the Offer

In a statement, IEGH said that the IEGH Board strongly refutes certain OneMain assertions and confirms that there is significant strategic rationale for combining IEG Holdings and OneMain. The two businesses are complementary with a similar core personal loan product (albeit delivered online by IEG Holdings), competing for similar customers in 19 of the same 43 states. IEG Holdings believes that significant shareholder value would be created by eliminating the majority of the redundant staff and office cost structure of the outdated OneMain business model while transitioning the existing customer base to the IEG Holdings online distribution business model.

Consummation of the offer is conditioned upon satisfaction of certain customary conditions. Shares that are tendered pursuant to a notice of guaranteed delivery but not actually delivered to the depository and exchange agent for the tender offer, Computershare Trust Company, N.A., prior to the expiration time of the offer will not be deemed to be validly tendered into the offer unless and until such shares underlying such notices of guaranteed delivery are delivered.

The offer is scheduled to expire at 12:00 Midnight Eastern time on Monday, February 6, 2017, unless the offer is extended or earlier terminated.

CNA Finance will keep followers apprised of further and real-time developments.

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Netflix NFLX Stock News

Netflix, Inc. (NASDAQ: NFLX)

Netflix is having an overwhelmingly strong start to the trading session today. When the opening bell rang, the stock was in the green. However, it quickly made a run for the red. Nonetheless, minutes ago, a story broke that led to a big spike in value. Below, we’ll talk about what we’re seeing, why, and what we’ll be watching for with regard to NFLX ahead.





What We’re Seeing From NFLX

As mentioned above, Netflix is having a relatively strong start to the trading session today. After starting the day off in the green, the stock quickly started moving toward and into the red. However, minutes ago, things changed in a big way as the stock started to spike. At the moment (9:55), NFLX is trading at $131.09 per share after a gain of $0.14 per share (0.11%) thus far today.

Why The Stock Is Spiking

As is the case most of the time, our partners at Trade Ideas were the first to inform us of the gains on NFLX. As soon as they did, the CNA Finance team started working to see what we could dig up as the cause for the gains. In this case, it didn’t take long to uncover the story. It seems as though the gains are the result of acquisition hopes.


Through our search, we quickly found ourselves reading a Dealreporter report. According to the outlet, Facebook may be making a move on Netflix relatively soon. Now, there has been no confirmation from either side, but a FB acquisition of NFLX wouldn’t be surprising. Nonetheless, it’s important to keep in mind that at the moment, this is nothing more than a rumor.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on NFLX. In particular, we’ll be watching to see if there is any validity to the rumor. After all, if it proves to be true, investors will likely receive a strong return of value. We’ll be watching the story closely and bringing the news to you as it breaks!

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Thought Leader Discussions

Gevo, Inc. GEVO Stock News

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Gevo, Inc. (NASDAQ: GEVO) Before we get into this interview, I'd like to extend a special thanks to my friend Joey who both set up the...