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American International Group Inc AIG Stock News

American International Group Inc (NYSE: AIG)

American International Group is having a pretty strong day in the pre-market hours today, and for good reason. It looks like a CEO shakeup is about to take place at the company and that seems to be exciting investors. Below, we’ll talk about what we’re seeing from the stock, why, and what we’ll be watching for with regard to AIG ahead.





What We’re Seeing From AIG

As mentioned above, American International Group is having a pretty strong start in the pre-market hours today. Minutes ago, the company announced some important CEO news, leading to excitement in the stock. Since the announcement, the stock has been headed up. Currently (8:19), AIG is trading at $64.65 per share after a gain of $1.21 per share or 1.91% thus far today.

Why The Stock Is Headed Up

As is almost always the case, our partners at Trade Ideas were the first to inform us of the gains on AIG. As soon as we received the alert, the CNA Finance team started digging to see exactly why the stock was making a run for the top. It felt as though it took no time at all to dig up the story. The gains seem to be the result of a CEO shakeup that’s happening at the company.




Early this morning, Peter Hancock, CEO at American International Group, announced that he will be resigning from his position following pressure from investors. While Hancock will stay in his position until a successor is found, investors seem to be excited that he is stepping down. As a result, this excitement is leading to gains in the value of the stock.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be watching AIG incredibly closely. While we’ll be looking for several things, the most pressing factor at the moment is who will take over the role as CEO at the company. Nonetheless, we’ll continue to follow the story and bring the news to you as it breaks!

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Restoration Hardware Holdings, Inc common stock RH Stock News

Restoration Hardware Holdings, Inc common stock (NYSE: RH)

Restoration Hardware is having a relatively strong day in the market today. At the opening bell, the stock was trading slightly in the green. However, as the day progressed, we started to see more and more movement upward. Throughout the afternoon, the stock calmed a bit before minutes ago when it started to spike. Below, we’ll talk about what we’re seeing from RH, why, and what we’ll be watching for ahead.





What We’re Seeing From RH

As mentioned above, Restoration Hardware is having an incredibly strong day in the market today. At the opening bell, the stock was already trading green. From there, it climbed through most of the morning before hitting its peak around 11:00. Since then, the stock has calmed a bit. That is, until minutes ago when it started to spike yet again. At the moment (2:00), RH is trading at $33.37 per share after a gain of $0.98 per share or 3.03% thus far today.

Why The Stock Is Climbing

As is usually the case, our partners at Trade Ideas were the first to inform us of the gains on RH. As soon as we received the alert, the CNA Finance team started working to see exactly why the stock was making a run for the top. It didn’t take long to dig up the story. While the company hasn’t released any fundamental news, we are seeing a rumor that’s likely the cause of the excitement.




At the moment, there’s a rumor surfacing across social media that Restoration Hardware may soon be acquired. According to the rumor Williams-Sonoma, Inc. (NYSE: WSM) will likely buy the company. Also Deutsche Bank has weighed in saying that the buyout could fetch a 30% premium, bringing the value of the acquisition to between $43 and $44 per share.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on RH. In particular, we’re interested in learning whether or not there is any validity to these rumors. Of course, if RH is purchased at a 30% premium, incredible value would be returned to shareholders. Nonetheless, we’ll be watching the news closely and we will continue to bring it to you as it breaks!

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Citizens, Inc. CIA Stock News

Citizens, Inc. (NYSE: CIA)

Citizens is having an incredibly rough day in the market today. While the stock did start the day slightly in the green, that didn’t last long. Throughout most of the day, the stock has been on a consistent downtrend bringing it further and further into the abyss. Then, about a half hour ago, the stock stared to take a turn for the worse, spiking down in a big way. Below, we’ll talk about what we’re seeing from CIA, why, and what we’ll be watching for ahead.





What We’re Seeing From CIA

As mentioned above, Citizens definitely isn’t having the best of days in the market today. In fact, the stock has been on a consistent downward spiral. Unfortunately, early morning declines were just the tip of the iceberg. Lately, the stock has been falling like a brick dropped from the top of the empire state building. At the moment (11:33), CIA is trading at $7.23 per share after a loss of $1.22 per share or 14.44% thus far today.

Why The Stock Is Diving

As is normally the case, our partners at Trade Ideas were the first to inform us of the recent spike downward that we’ve seen on CIA. As soon as we got the alert, the CNA Finance team started digging to see why the stock was taking a dive. It didn’t take long to find the dirt. The declines seem to be the result of fraud allegations made in a Seeking Alpha article.




According to the article, money made by Citizens through the sale of insurance policies through brokers who prey on foreign families and retirees is not backed by Treasuries that secure investments. Instead, the article suggests that the money from these policies makes its way to continuous open market purchases, ultimately inflating CIA stock. The article even suggests that the company itself is a Ponzi scheme, and reading into the data, they may be right. As a result of this article, fear is hitting the stock in a big way, dragging its value downward.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on CIA. In particular, we’re going to be digging further into claims made in the article mentioned above, and if these claims are true, we’re expecting to see an investigation some time soon. Nonetheless, we’ll continue to keep a close eye on the story and bring it to you as it breaks!

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Auxilio, Inc. AUXO Stock News

Auxilio, Inc. (NYSEMKT: AUXO)

Auxilio is having an incredibly interesting day in the market today. When the trading session opened, the stock was already trading slightly in the green. However, that proved to be just the tip of the iceberg. As soon as the session started rolling, the gains started growing as the stock spiked for the top. Below, we’ll talk about what we’re seeing from AUXO, why the stock is making a run for the top, and what we’ll be watching for ahead.





What We’re Seeing From AUXO

As mentioned above, Auxilio is having an incredibly positive day in the market today. At the opening bell, the stock was already trading slightly in the green, but that was nothing compared to what would unfold as traders started to get active. Currently (10:41), AUXO is trading at $5.08 per share after a gain of $1.33 per share or 35.47% thus far today.

Why The Stock Is Headed Up

As is almost always the case, our partners at Trade Ideas were the first to inform us of the upward movement on AUXO. As soon as the CNA Finance team received the alert, we started digging to see why the stock was running upward. In this case, it took a little digging, but we believe we found the cause. The gains seem to be the result of coverage initiation.




Last night, B Reily announced that it has initiated coverage on Auxilio. The analyst initiated coverage with a Buy recommendation and a price target at $7.75 per share. Of course, that’s a big jump from yesterday’s closing price, and the insinuation that the stock has that much upside potential is leading to excitement among investors.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on AUXO. In particular, we’re interested in watching to see if any more coverage initiations happen suggesting such large upside potential. Nonetheless, we’ll be watching the news closely and bringing it to you as it breaks!

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RPX Corp RPXC Stock News

RPX Corp (NASDAQ: RPXC)

RPX Corp is having an interesting day in the market today. After staring the day off in the green, the stock quickly fell to the red. However, that didn’t last long. Minutes ago, the stock started to spike toward the top, making it into the green and beyond. Below, we’ll talk about what we’re seeing from RPXC, why the stock is climbing, and what we’ll be watching for ahead.





What We’re Seeing From RPXC

As mentioned above, RPX Corp is off to an incredibly interesting start to the trading session today. At the opening bell, the stock was trading slightly green, but quickly fell to the red. However, minutes ago, the stock started spiking to the top in a big way. At the moment (10:08), RPXC is trading at $12.25 per share after a gain of $1.23 per share or 11.16% thus far today.

Why The Stock Is Headed Up

Our partners at Trade Ideas were the first to inform the CNA Finance team of the gains on RPXC, as is nearly always the case. When we received the notification that the stock was screaming upward, the CNA Finance team started working to see why it was headed up. It didn’t take long to find the story. It seems as though the gains are the result of acquisition hopes.




Early this morning, stories started breaking that RPX Corp may soon be acquired. In fact, according to some of the reports, the company has received several offers from private equity companies to take it out of the public sector. At the moment, there’s not much data on what the price of the acquisition would be. Nonetheless, if it did happen, it would likely return incredible value to shareholders.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on the RPXC story. In particular, we’re interested in learning if an acquisition is actually going to happen, and if so, at what price. Nonetheless, we’ll continue to follow the story and bring you the updates as they break!

Update (11:10): Baird says that takeover offers announced today are likely credible.

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Seanergy Maritime Holdings Corp. SHIP Stock News

Seanergy Maritime Holdings Corp. (NASDAQ: SHIP)

Seanergy Maritime is having an incredibly strong time in the pre-market hours this morning. Ultimately, the gains are the result of the termination of a credit facility that seems to be exciting investors. Below, we’ll talk about what we’re seeing from SHIP, why, and what we’ll be watching for ahead.





What We’re Seeing From SHIP

As mentioned above, Seanergy Maritime is having an incredibly strong start to the day. In the pre-market hours, the stock is soaring following news of a terminated credit facility. At the moment (9:09), SHIP is trading at $1.11 per share after a gain of $0.16 per share or 16.84% thus far today.

Information On The Terminated Credit Facility

As is almost always the case, our partners at Trade Ideas were the first to alert us of the upward movement on SHIP. As soon as we received the information that the stock was running for the top, the CNA Finance team started working to see why the movement was happening. It didn’t take long to dig up the story. As mentioned above, the gains seem to be the result of a terminated credit facility.




Early this morning, Seanergy Maritime announced that it has entered into a definitive agreements surrounding early termination of a credit facility. The company says that the termination will result in a material gain for it and shareholders. Upon completion of the transaction, the material gain to the company is expected to be around $11.4 million. In a statement, Stamatis Tsantanis, CEO at SHIP had the following to offer…

We are very pleased to announce another important transaction for the company, which should result in significant accretion for our shareholders. Not only are we growing our fleet but we are streamlining our capital structure to be in a position to further capitalize on a strengthening dry bulk market. In the past six months Seanergy has successfully raised funds from the equity capital markets and used this capital for highly accretive and productive purposes to grow its platform and enhance shareholder value…”

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on SHIP. In particular, we’re interested in watching the transaction mentioned above and seeing where the actual gain to the company ends up. Nonetheless, we’ll be watching closely and bringing you the news as it breaks!

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DryShips Inc. DRYS Stock News

DryShips Inc. (NASDAQ: DRYS)

DryShips is having a strong start to today’s trading session. At the opening bell, the stock was already trading slightly in the green. While we are only a few minutes into the day, the gains remain impressive. Below, we’ll talk about what we’re seeing from DRYS, why, and what we’ll be watching for ahead.





What We’re Seeing From DRYS

As mentioned above, DryShips is having an incredibly strong start to today’s trading session. At the opening bell, the stock was already trading slightly in the green. While the trading session is only a few minutes old, the gains seem like they will stick around for a while. Currently (9:37), DRYS is trading at $1.35 per share after a gain of $0.04 per share or 3.05% thus far today.

Why The Stock Is Headed Upward

As is almost always the case, our partners at Trade Ideas were the first to inform us of the gains on DRYS. As soon as we received the alert, the CNA Finance team started digging to see exactly why the stock was making a run for the top. It didn’t take long to dig up the story. It seems as though today’s gains are the result of excitement surrounding acquisition news that was released yesterday.




Yesterday, DryShips announced that it had exercised an option under a previously announced option agreement to acquire up to four Very Large Gas Carriers that are currently under construction at Hyundai Heavy Industries. The company will pay a purchase price of $83.5 million. In a statement, George Economou, CEO and Chairman at DRYS had the following to offer…

We are very pleased to have declared our second option to purchase a high specification VLGC with long term employment to an oil major at above market rates. This second investment in the gas carrier segment marks our confidence to the expected positive long-term fundamentals of the gas market and allows us to deploy the Company’s available liquidity immediately.”

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on DRYS. In particular, we’re interested in watching this investment turn to profits. Nonetheless, we’ll be watching the news closely and we will continue to bring it to you as it breaks!

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CSX Corporation CSX Stock News

CSX Corporation (NASDAQ: CSX)

CSX Corporation wasn’t off to the best of starts in the market today. As a matter of fact, at the opening bell, the stock was trading well into the red. In the early morning hours, the stock pushed toward the green and eventually broke the line before following back into the abyss. Throughout the day, we saw more negative. That is, until minutes ago when the stock started to spike. Below, we’ll talk about what we’re seeing, why, and what we’ll be watching for with regard to CSX ahead.





What We’re Seeing From CSX

As mentioned above, CSX Corporation wasn’t having the best day in the market today. After starting the day in the red, the stock quickly pushed for the green. Once it made it to the green, it fell back to the red and beyond. Nonetheless, minutes ago, the stock started to spike, making it into the green yet again. At the moment (2:14), CSX is trading at $49.58 per share after a gain of $0.10 per share or 0.20% thus far today.

Why The Stock Is Spiking

As is almost always the case, our partners at Trade Ideas were the first to inform us of the gains on CSX. As soon as we received the alert, the CNA Finance team started working to see why the stock was spiking upward. It didn’t take long to dig up the story. It seems as though the gains are the result of excitement surrounding activist moves.




At the moment, stories are breaking surrounding management changes due to a push from an activist investor. According to the stories, Mantle Ridge has pushed CSX Corporation to agree to hire Hunter Harrison as CEO of the company. Also, the activists have nominated 5 new directors to the company. As a result, investors are excited as these changes will likely lead to growth in the long run.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on CSX. In particular, we’re interested in the changes that are to come under the new management and other possible activist actions. Nonetheless, we’ll keep a close eye on the story and be sure to bring it to you as it breaks!

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WebMD Health Corp. WBMD Stock News

WebMD Health Corp. (NASDAQ: WBMD)

WebMD Health is having a pretty good in the market today, but that’s not necessarily how it started. In fact, at the open of the trading session, the stock was trading slightly in the red. From there, the stock continued on a downward path. That is, until minutes ago when the stock started to spike toward the top. Below, we’ll talk about what we’re seeing from WBMD, why, and what we’ll be watching for ahead.





What We’re Seeing From WBMD

As mentioned above, WebMD Health wasn’t off to the best of starts in the trading session today. When the session started, the stock was trading slightly in the red before continuing downward further and further into the abyss. Nonetheless, minutes ago, that all changed as the stock started to spike upward. At the moment (11:22), WBMD is trading at $52.34 per share after a gain of $0.32 per share or 0.61% thus far today.

Why The Stock Is Gaining

As is usually the case, our partners at Trade Ideas were the first to inform us of the upward movement on WBMD. As soon as the CNA Finance team received the alert, we started digging to see why the stock was making a run for the top. It didn’t take long to dig up the story. It seems as though the gains are the result of an activist stake that was announced earlier today.




Early today, investors got their hands on a 13D form filed around WebMD Health. The filing was processed by Blue Harbour Group, L.P. 13D filings are filings that inform investors of beneficial ownership changes. This is most commonly referred by investors as activist ownership. Ultimately, investors are hoping that Blue Harbour Group will push the company in the right direction.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on WBMD. In particular, we are interested in the changes we will see following the news of activist investor ownership. Nonetheless, as always, we’ll keep a close eye on the news and continue to bring it to you as it breaks!

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Lumber Liquidators Holdings Inc LL Stock News

Lumber Liquidators Holdings Inc (NYSE: LL)

Lumber Liquidators didn’t look like it was going to have the best of days in the market today. In fact, at the open of the market the stock was trading well in the red. Throughout the day, it continued to fall further and further into the abyss. Nonetheless, minutes ago, the stock spiked as rumors started to take center stage. Below, we’ll talk about what we’re seeing from LL, why, and what we’ll be watching for ahead.





What We’re Seeing From LL

As mentioned above, Lumber Liquidators wasn’t off to the best of starts in today’s trading session. At the opening bell, the stock was already trading on pretty decent losses. Throughout the morning, the downward movement continued. However, that all changed minutes ago when the stock started to rocket toward the top. At the moment (10:43), LL is trading at $18.40 per share after a gain of $0.21 per share or 1.15% thus far today.

Why The Stock Is Climbing

As is the case most of the time, our friends at Trade Ideas were the first to notify us of the gains on LL. As soon as the CNA Finance team received the alert, we started working to see exactly why the stock was making a run for the top. While we were unable to uncover any fundamental news released by the company that would lead to such gains, we do believe we’ve found the cause. Ultimately, the gains are the result of rumors.




At the moment, investors are seeing a rumor in social media that’s causing quite a bit of excitement. That rumor is that Lumber Liquidators will soon be acquired. Currently, the rumor doesn’t suggest at what price the acquisition will take place, but it does give a buyer. Apparently, Home Depot (HD) may have some interest. Nonetheless, the rumor is unconfirmed.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on LL. While we will be watching the stock’s movements as a whole, we are most interested in learning whether or not there is any validity to these rumors. Of course, if the company is acquired, it could result in incredible value returned to shareholders. Nonetheless, we’ll be watching the story closely and bringing it 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...