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Tripadvisor Inc Common Stock TRIP Stock News

Tripadvisor Inc Common Stock (NASDAQ: TRIP)

Tripadvisor was off to a relatively normal day in the market today. That is, until minutes ago when the stock spiked in a big way, prompting our partners at Trade Ideas to send an alert about the growth. The gains seem to be the result of a rumor that’s surfacing. Nonetheless, the stock is trading at $42.20 per share after a gain of $0.80 per share or 1.93%.





PCLN Rumored To Be Taking TRIP Over

As mentioned above, Tripadvisor was having a relatively normal day in the market until a rumor broke just minutes ago, causing rocket-like upward movement. The rumor that broke is that Priceline may be acquiring the company relatively soon. However, we do not believe that there is any validity to the rumors.




While TRIP and PCLN would definitely sync up well together, the rumor just doesn’t seem to hold weight. There is no suggestion of what the price might be, nor has there been any reports of interest in this deal from either company as of late. This is the first we’re hearing of it, and the source is social media, making it nearly impossible to pin down the original source. All in all, things just aren’t adding up.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on TRIP. In particular, we’re interested in learning more about the potential takeover by PCLN. Of course, we don’t believe that there’s any validity to the rumor, but we can’t see into the future. So, anything could happen. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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LSC Communications Inc LKSD Stock News

LSC Communications Inc (NYSE: LKSD)

LSC Communications is having an incredibly strong day in the market, which is interesting as they just announced a secondary offering. Nonetheless, the secondary caused excitement, sending the stock up and prompting our partners at Trade Ideas to alert us of the gains. At the moment (11:32), LKSD is trading at $23.49 per share after a gain of $2.66 per share or 12.77% thus far today.





LKSD Announces Secondary Offering

As mentioned above, LSC Communications is having an incredibly interesting start to the day today after announcing a secondary offering. The company said it would be selling 6,242,082 shares of common stock at a price of $20.25 per share. The company also informed investors that it has given underwirters at 30-day option to purchase up to an additional 936,420 shares at the secondary pricing.




The interesting part in all of this is that the stock is actually climbing. In general, secondary offerings cause concerns with regard to dilution, leading to declines in the stock’s value, but that’s not the case with LKSD. This shows that the market sees a need for the money and expects that the funds raised through the offering will lead to stronger operations and better results. While this is a rarity in the market, it’s always nice to see.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on LKSD. In particular, we’re interested in learning more about the company’s plans with the money it is raising, and watching the company put the plan into action. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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World Wrestling Entertainment, Inc. WWE Stock News

World Wrestling Entertainment, Inc. (NYSE: WWE)

World Wrestling Entertainment was off to a rough day in the market. However, minutes ago, our partners at Trade Ideas sent an alert showing us that the stock was screaming upward. While it hasn’t made up for all the losses we saw early in the day, the stock has gotten very close to the break even point. At the moment (1:59), WWE is trading at $21.05 per share after a loss of $0.05 per share or 0.24% thus far today.





Why WWE Is Headed Up

As soon as we received the alert, the CNA Finance team started to dig to see what was happening. While we didn’t find any fundamental news released by World Wrestling Entertainment, we were able to find a rumor that we believe to be the cause of the spike. The rumor is that the company is going to be taken over.

However, as with most rumors, this one seems to be a dud. First and foremost, the rumor started on social media and is very difficult to track back to the source… Strike 1! Also, there is no rumored buyer of the company, that’s Strike 2! Finally, there is no price offered in the rumor, and Strike 3, you’re outa there.




Yes, I realize, I could be wrong here. However, I’ve been doing this for a long time, and when the rumors are this vague, chances are that they are not true. No, I can’t see into the future, but I do feel comfortable calling them how I see them.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be watching WWE incredibly closely. While we believe that today’s rumor lacks validity, we could be incorrect, and if we are, an acquisition would return incredible value to shareholders. Nonetheless, we’ll continue to follow the story closely and bring you the news as it breaks!

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China Southern Airlines Co Ltd (ADR) ZNH Stock News

China Southern Airlines Co Ltd (ADR) (NYSE: ZNH)

China Southern Airlines should be moving in the market at the moment, but it is not. In fact, the stock is halted at the moment. Our partners at Trade Ideas were the first to inform us of the halt. When they did, we started searching to see what was going on with ZNH.





Why ZNH Is Halted

While we would love to answer this question, it’s something that we simply can’t do at the moment. The halt is a news pending halt. No news has broken so far this morning that would send the stock in either direction. However, there’s one thing that we do know…




Halts are big, in general, they are very big. After all, there’s no reason to stop trading in the middle of the day on a publicly traded stock if nothing is happening. So, while we don’t know what the news is yet, we are expecting to uncover a big story soon.

What We’ll Be Watching For

The CNA Finance team will be watching ZNH incredibly closely in the coming hours and days. In particular, we’re interested in learning why the stock was halted and when the stock will resume. Perhaps more importantly, we’re eager to see if it will resume on an upward or downward trend. Nonetheless, we’ll continue to follow the story and bring it to you as it breaks. There is an update below!

What Do You Think?

Where do you think ZNH is headed moving forward? Join the discussion in the comments below!

Update 10:02: While ZNH is still halted, we believe that we have found the reason for the halt. According to recent reports, Alaskan Airlines Group (AAL) is considering purchasing a $200 million stake in South China Airlines. We will continue to follow the story closely and bring you the news as it breaks!

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bebe stores, inc. BEBE Stock News

bebe stores, inc. (NASDAQ: BEBE)

bebe stores is having a rough day in the market today. At the open, the stock was trading slightly in the red. Throughout the day, it worked to break the losing streak, making it to the green for a short time around noon. However, for the most part, it has traded on losses. Then, the stock started to spiral out of control, falling deeper and deeper into the abyss before being halted. Below, we’ll talk about what we’re seeing from BEBE, why, and what we’ll be watching for ahead.





What We’re Seeing From BEBE

As mentioned above, bebe stores is having a rough day in the market today. When the trading session started for the day, the stock was trading slightly red, where it has been for the majority of the day. Nonetheless, minutes ago, things went from bad to worse as the stock fell into big losses before being halted. At the moment (1:34), BEBE is trading at $5.55 per share after a loss of $0.90 per share or 13.95% thus far today.

What’s Going On With BEBE

As is usually the case, our partners at Trade Ideas were the first to bring the halt on BEBE to our attention. As soon as they did, the CNA Finance team went to work to see what was going on with the stock. While it took some digging, we believe that we’ve found the story. Unfortunately, the declines seem to be the result of store closures.

According to a report on Bloomberg, bebe stores has decided that it will be closing all brick and mortar locations. This is, of course, as it means that the company will no longer be driving revenue from brick and mortar locations, and has decided to give up on that side of business. As a result, upset investors are dumping the stock.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on BEBE. While we watch, we’re interested in learning more about the store closures, what led to this decision, and what the next steps might be for BEBE. Nonetheless, we’ll continue to watch the story closely and bring you any updates as the news breaks!

Update 1:52 – BEBE resumes and continues to fall. The stock is currently trading at $5.08 per share after a loss of $1.37 per share or 21.24% thus far today.

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Wynn Resorts, Limited WYNN Stock News

Wynn Resorts, Limited (NASDAQ: WYNN)

Wynn Resorts is having an interesting day in the market today to say the least. At the opening bell, the stock was trading slightly in the green. However, that didn’t last long. The stock quickly made a run for the bottom, making it to the red and beyond, where it stayed for about the first hour. However, the stock recently started to spike for the top, making it cleanly into the green. Below, we’ll talk about what we’re seeing from WYNN, why, and what we’ll be watching for ahead.





What We’re Seeing From WYNN

As mentioned above, Wynn Resorts is all over the place in the market this morning. After starting the day off slightly in the green, the stock quickly fell to the red, where it stayed for the most part. That is, until minutes ago, when the stock started to skyrocket upward. At the moment (10:37), WYNN is trading at $105.79 per share after a gain of $1.04 per share (0.99%) thus far today.

Why The Stock Is Edging Upward

Before we get too deep into the details, we’d like to extend a big THANK YOU to our partners at Trade Ideas for being the first to alert us to the upward movement on the stock. As soon as we got the alert, the CNA Finance team started working to see why the stock was making a run for the top. It didn’t take long to dig up the story. While there was no fundamental news released with regard to the company, we were able to find a rumor that we believe is the cause of the gains.




The rumor is all over social media at the moment, and it suggests that Wynn will soon be acquired. According to the rumor, Las Vegas Sands (LVS) will acquire WYNN in a deal worth between $120 and $125 per share. Most rumors don’t include any pricing information. Since this one does, it adds a bit to the validity. However, it’s important to keep in mind that most rumors prove to be false, and not to get your hopes up.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on WYNN. In particular, we’re interested in learning more about the rumor above and whether or not an acquisition is actually going to happen. We’ll continue to follow the story closely and bring you the news as it breaks!

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Globus Maritime Ltd GLBS Stock News

Globus Maritime Ltd (NASDAQ: GLBS)

Globus Maritime is having an amazingly strong start to today’s trading session. At the opening bell, the stock was trading slightly green before dipping down to the breakeven point. However, the stock started to soar dramatically minutes ago. In fact, the climb was so strong that it caused the stock to be halted. Below, we’ll talk about what we’re seeing, why, and what we’ll be watching for with regard to GLBS ahead.





What We’re Seeing From GLBS

As mentioned above, Globus Maritime is having an incredibly strong start in the market today. When the trading session opened for the day, the stock was already trading slightly green. From there, it dipped down a bit, but never made it to the red. Then, minutes ago, the stock started to soar in a big way. In fact, the gains were so big that at GLBS was halted at 10:08. Right before the halt, it was trading at $5.71 per share after a gain of $1.39 per share, or 32.17%.

Why The Stock Is Headed Up

First and foremost, let’s give credit where it’s due. Our friends at Trade Ideas were the first to inform us of the gains on GLBS. As soon as we received the alert, the CNA Finance team started digging to see why the stock was making a run for the top. However, in this case, the story continues to elude us. Here’s what we do know…




So far, we know a few things. First and foremost, Globus Maritime is the subject of a T1 halt – a volatility halt –  in the market. We also know that the stock isn’t the only one running for the top. In fact, the gains are across the entire shipping sector. We also know that the sector is known for big runs in both directions. Finally, we know that economic conditions are improving, based on recent economic reports. However, there doesn’t seem to be any company specific news breaking with regard to GLBS quite yet.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on GLBS. In particular, we’ll be watching closely for any company-specific or sector-specific news that could be causing such gains. We’ll continue to follow the story closely and bring you the news as it breaks!

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KCG Holdings-A KCG Stock News

KCG Holdings-A (NYSE: KCG)

KCG Holdings is having an incredible time in the pre-market hours today. In fact, the stock is soaring at the moment. The gains seem to be the result of a buyout offer, which of course, we will get into a bit later. Below, we’ll talk about what we’re seeing from KCG, why, and what we’ll be watching for with regard to the stock ahead.





What We’re Seeing From KCG

As mentioned above, KCG Holdings is having an incredibly strong day, at least thus far in the early morning. Recently, news broke of a buyout offer, sending the stock soaring. As a result, KCG is currently (9:09) trading at $17.91 per share after a gain of $1.01 per share or 5.98% thus far today.

Why The Stock Is Gaining

Before we get too deep into the details here, we need to give credit where it’s due. Our partners at Trade Ideas were the first to inform us of the gains on KCG. As soon as we received the alert, the CNA Finance team started working to see why the stock was making a run for the top. It didn’t take long to dig up the story. The gains are ultimately the result of a buyout offer.




Minutes ago, the offer started to hit the wire, sending the stock upward. The news is that Virtu Financial has made a bid to acquire KCG holdings. According to various reports, the acquisition offer comes with a price tag of more than $1.2 billion. At the moment, there is no news with regard to whether or not KCG will accept the offer.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on KCG. In particular, we’re interested in learning whether or not the company will accept the buyout offer. If they do, it will return incredible value to shareholders as the price represents an incredibly strong premium. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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Msci Inc MSCI Stock News

Msci Inc (NYSE: MSCI)

Msci Inc is having an incredible day in the pre-market hours today. Early this morning, news with regard to a potential takeover hit the wire, exciting investors. Since then, we’ve seen incredibly strong upward movement on the stock. Below, we’ll talk about what we’re seeing from MSCI, why, and what we’ll be watching for ahead.





What We’re Seeing From MSCI

As mentioned above, Msci Inc is having an very good time in the market at the moment. While the market hasn’t yet opened for the day, the stock is trading up in a big way. In fact, MSCI is currently (9:16)trading at $108.50 per share after a gain of $12.57 per share (12.63%) thus far today.

Why The Stock Is Headed Up

As is nearly always the case, our partners at Trade Ideas were the first to alert us to the upward movement on MSCI. As soon as we received the alert, the CNA Finance team started digging to see why the stock was running for the top. In this particular case, the news pretty much jumped out at us. Ultimately, it has to do with a takeover offer.

At the moment, a rumor is coming down the wire that S&P Global offered to takeover MSCI. However, the news also says that MSCI has rejected the offer. Nonetheless, the news is exciting investors and causing the stock to climb.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on MSCI. In particular, we’re watching to see if anything changes with regard to the potential takeover. We’ll continue to follow the story and bring the news to you as it breaks!

Update 10:55 – MSCI has been halted on the news and there is said to be more news pending. The halt happened at 10:55 when the stock was trading at $105.76 per share after a gain of $9.43 per share (9.79%) thus far today. We will continue to watch the story closely and bring the news to you as it breaks!

Update 11:19 – MSCI issues a statement with regard to the news above. According to the statement, this is all rumors. Here’s what the company had to offer:

“We do not normally comment on rumors in the market, but in response to recent media reports regarding third party interest in MSCI, we believe such reports are incorrect. We are not in discussion with any third party, and we have not received any offer or indication of interest. We do not anticipate making any further comment regarding these rumors.”

Update 12:15 – MSCI has given up most of the early morning gains surrounding takeover speculation. However, it seems to have hit the bottom on its ride down and looks to be holding onto a small piece of the profits. Currently the stock is trading at $98.43 per share after a gain of $2.10 per share (2.18%) thus far today.

Update 11:27 – MSCI resumes. The stock is currently trading at $98.78 per share after a gain of $2.45 per share (2.54%) thus far today.

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Macy's Inc M Stock News

Macy’s Inc (NYSE: M)

Macy’s is off to a relatively interesting day in the market today. At the opening bell, the stock was trading slightly in the red before spiking upward and falling back to the red, where it spent the first hour or so of the day. From there, the stock made it to the green, and then minutes ago it spiked back down to the breakeven point. Below, we’ll talk about what we’re seeing from M, why, and what we’ll be watching for ahead.





What We’re Seeing From M

As mentioned above, Macy’s isn’t having the best of days in the market today. When the trading session started for the day, the stock was in the red before quickly spiking to the green. From there, it spiked back down to the red, where it has spent most of the morning. While it did hit the green recently, M quickly fell back to the breakeven point, where it sits as we speak (10:43).

Why The Stock Is Erratic

As is almost always the case, our partners at Trade Ideas were the first to inform us of the movement on M. As soon as they did, the CNA Finance team went to work to see what was causing the movement. It didn’t take long to dig up the story. It seems like a hedge fund has turned its focus away from the company and investors have mixed feelings.




Minutes ago, Hudson Bay Hedge Fund announced that it is turning its focus away from Macy’s and considering the purchase of Neiman Marcus. The hedge fund was expected to acquire the company some time down the road, but has decided that Neiman Marcus represents a better opportunity. As a result, M stock is working to find a direction as investors aren’t quite sure how they feel about the news.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on M stock. In particular, we’re interested in seeing if the company is considering reaching out to other potential suitors for the possibility of an acquisition. We’ll continue to follow the story closely and bring 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...