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Puma Biotechnology PBYI Stock News

Puma Biotechnology Inc (NYSE: PBYI)

Puma Biotechnology is off to a rough start to the day. While the opening bell has yet to ring, we’re seeing quite a bit of pre-market activity, pushing the stock downward. Below, we’ll talk about what we’re seeing from the stock, why, and what we’ll be watching for with regard to PBYI ahead.





What We’re Seeing From PBYI

As mentioned above, it doesn’t look like Puma Biotechnology is going to have the best of days in the market today. While the stock was doing relatively well, trading in the green throughout most of after-hours, minutes ago, things went bad. At the moment (8:41), PBYI is trading at $38.50 per share after a loss of $1.30 per share (3.27%) thus far.

Why The Stock Is Falling

As usual, as soon as the CNA Finance team saw that PBYI was falling apart in pre-market, we started to dig to see exactly what was causing the movement. In this particular case, it didn’t take long to find the story, and it was, unfortunately, a pretty damning one. Here’s what’s happening…




Early this morning, Puma Biotechnology released clinical data from a study that was being called Summit. In the data, investors learned that 95.4% of patients taking the treatment experienced diarrhea. Out of those, 39.8% experienced grade 3 or higher diarrhea, and one of those got to grade 4. At this point, investors are concerned because it looks like the treatment is better suited as a treatment for constipation, which obviously has nothing to do with the endpoint here.

What We’ll Be Watching Ahead

Moving forward, the CNA Finance team will be keeping a close eye on PBYI. Ultimately, we’ll be watching to see where the company goes from here. While they did say, “We are further pleased to see the severe diarrhea become more acute, whereby it does not typically recur after the first month,” this could prove to be a major issue when it comes to achieving approval. Nonetheless, we’ll keep a close eye on the story and update you as the news becomes available.

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Italian Referendum

Mr. Matteo Renzi resigned after the referendum defeat: (http://www.npr.org/sections/thetwo-way/2016/12/04/504356413/italian-voters-reject-referendum-prompting-prime-ministers-resignation).




This vote will rattle European and global markets because of concerns about the country’s economic future and support of populist parties. It is prompting worries about plans by a consortium of banks to come forward. Investors now fear that the victory for NO could destabilize the banking sector. They could rule against a rescue Banca Monte dei Paschi of Siena:( (https://www.bloomberg.com/news/articles/2016-12-02/italian-banks-flirt-with-disaster-again-as-government-teeters).

Italy has voted on a constitutional referendum. The decision of the current Italian Prime Minister Matteo Renzi is to step down from office which has added to the uncertainty and risk.

After Brexit and the US Presidential elections, this is the third most watched event of this year. Brexit produced a knee-jerk reaction, while the US elections have seen a more sustained rally. Hence, it’s important to understand the Italian referendum and position ourselves accordingly to profit from it.

What is the referendum about?

Italy has seen 63 governments since the World War II, which shows the kind of political instability in the nation. Along with that, it is a humongous task in Italy to get any reform pushed through by the government, because both the Senate and the Lower house have equal powers, which was done to avoid another Benito Mussolini rising to power.

However, this has also resulted in a logjam for approving new bills, because both the senate and the lower house pass the bills to and fro for ages. Sometimes it takes decades to get any reform approved.

The current Prime Minister Matteo Renzi, therefore, has proposed a reform to speed up the reform process. To achieve that, he has proposed to cut the strength of the senate to one-third, abolish the layers of government overlap between the center and the regions and give more powers to the Prime Minister.




So why have people been opposing it?

Renzi’s opponents say that the reform will put more powers in the hands of the Prime Minister, making him invincible. Even if a corrupt and inefficient leader becomes the Prime Minister, it is difficult to remove and replace him.

They say that the reform did not address the real problem with the economy and the nation.

What is the political fallout of the referendum being defeated?

The markets fear that if the referendum is defeated by a large vote, Renzi will resign and the opposition parties will ask for early elections, which are due in 2018.

The markets fear that if early elections are called, the anti-euro, populist party, Five Star Movement(M5S), led by Comedian and blogger Beppe Grillo will come to power.

What happens now that the M5S comes to power?

The M5S is opposed to the current structure of the Eurozone. It has said it will renegotiate the terms of agreements with the Eurozone. If the negotiations fail, they have threatened to go to the public to decide whether they want to stay in the Eurozone or opt for an exit like the U.K.

Among the top three Euro nations, Germany, France and Italy, Italians are now more inclined to quit the Eurozone. The current support for the single currency in Italy is 67%, but we know how things can change quickly. Hence, a risk of a breakup of the Eurozone remains very strong, similar to the Brexit type referendum.

What are the financial implications of this defeat of the referendum?

The spread between the Italian bonds and the German bunds will widen sharply(shown in the chart below).

chart-1

Italian banks are teetering on the brink of a financial crisis (http://www.zerohedge.com/news/2016-11-27/eight-italian-banks-may-fail-if-renzi-loses-referendum), with a huge burden of bad loans. The chart below, sourced from The Wall Street Journal, shows the annual cost of insuring against a default on $10 million of debt for five years using credit-default swaps.

The overview of the markets after the vote:( http://www.cnbc.com/2016/12/05/live-renzi-steps-down-as-prime-minister-after-italy-rejects-his-reform-plan.html).

Look for another financial rolecoaster ride in the markets as ripple effects take hold

chart-2

Italy’s No.3 lender by assets and the most troubled bank in Europe, Banca Monte dei Paschi di Siena will certainly need a bailout, it has lost 84% of its market value in 2016. The markets will then shift focus on to the other troubled banks in Europe like Deutsche Bank. A banking crisis is certainly in the cards if the European Central Bank is unable to manage the situation at hand.

The Euro, which has tanked to multi-year lows against the dollar will take another nosedive and fall below the critical support level of 1.04624. The EUR/USD downtrend was unable to break below the major support zone from the weekly chart.

JPMorgan will decide whether to put together a plan to go ahead with a €5bn recapitalisation, the FT reports, citing people informed of the plan.

Senior bankers will decide whether to pursue their underwriting commitments or exercise their right to drop the transaction due to potential adverse market conditions

chart-3

The risk off trade in Europe is likely to see a flight to safety and into the U.S. dollar. Investors are unlikely to remain invested heavily in Europe, where the uncertainty remains high and talks of an eventual break up of the Euro will gather steam. U.S. stocks will get a boost of fresh investments considering the potential brighter prospects in the U.S. with the new President at the helm.

The dollar is likely to break out to new highs.

chart-4

Conclusion:

Last month subscribers and I closed out 3 winning trades: EDZ 20.7%, NUGT 11%, and UGAZ 74%. We did take one loss on TMF of 8.2% but overall it was an awesome month for ActiveTradingPartners.

Over the next few weeks, I will keep a close eye on this situation for new potential profitable trade setups .My subscribers will be Immediately alerted!

Chris Vermeulen
www.TheGoldAndOilGuy.com

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AON Stock News

Aon (NYSE: AON)

Aon was off to a relatively rough start in today’s trading session. In the beginning of the day, the stock quickly found its way to the red. Throughout the day, it remained in the red as trading was relatively flat. However, things changed quickly minutes ago as the stock started to spike upward. Below, we’ll talk about what we’re seeing from the stock, why, and what we can expect to see from AON ahead.





What We’re Seeing From AON

As mentioned above, Aon wasn’t having a very strong day in the market today. The stock quickly ran to the red early on, and throughout the day, flat movement has kept it at a loss. Nonetheless, minutes ago, things changed in a big way as the stock started to find its way to the top. At the moment (12:37), AON is trading at $114.47 per share after a gain of $1.26 per share (1.11%) thus far today.

Why The Stock Is Gaining

As always, when we saw that AON was gaining, the CNA Finance team started digging to see exactly what was going on. It didn’t take long to dig up the news. The gains seem to be happening as the result of an unconfirmed rumor circling the social space.




If you search the stock on just about any social network at the moment, you’ll notice an interesting rumor. The rumor is that the company is considering the sale of its Benefits Outsourcing Unit. The rumor even goes as far as to put a possible valuation of the Unit at around $5 billion.

What We’ll Be Watching Ahead

Moving forward, the CNA Finance team will be keeping a close eye on AON. In particular, we want to know if these rumors are true. If so, the sale of the Benefits Outsourcing Unit could become a great return of value to investors. So, we’ll keep a close eye on the news and bring the updates to you as soon as it breaks!

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AMC Entertainment Holdings AMC Stock News

AMC Entertainment Holdings Inc (NYSE: AMC)

AMC Entertainment hasn’t been having the best of days in the market today. With the opening bell, the stock found itself in the red. Since then, it has stayed in the red zone throughout the session, but the losses weren’t anything to write home about. However, minutes ago, the declines got much larger as the stock spiked downward. Below, we’ll talk about what we’re seeing, why, and what we’ll be watching with regard to AMC ahead.





What We’re Seeing From AMC

As mentioned above, AMC Entertainment wasn’t off to the best of days in today’s trading session. The stock immediately found itself in the red at the open of the market. Throughout the day, the stock has stayed relatively red, but the losses weren’t anything too big. Nonetheless, minutes ago, the stock started to take a dive. Currently (12:23), AMC is trading at $33.00 per share after a loss of $0.80 per share, or 2.37%.

Why The Stock Is Diving

As usual, as soon as the CNA Finance team saw that AMC was taking a dive, we started to do a bit of digging to see what was causing the dive. It didn’t take long to dig up the story in this case. While the company has not released any fundamental news that would lead to such declines, we did see something interesting in the social space.




At the moment, regardless of what social network you’re looking to, chances are that you’re seeing a big rumor that involves Apple. That rumor is that the company is currently in talks with various movie studios for early release of film rentals. Of course, the earlier consumers can see movies outside of the theater, the less money movie theaters like AMC Entertainment make!

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on AMC and Apple. At the end of the day, if Apple does strike a deal to release movie rentals early, it could once again throw a wrench in the movie theater industry as a whole. Nonetheless, we’ll keep a close eye on the story and update you as the news breaks!

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GNC Holdings GNC Stock News

GNC Holdings Inc (NYSE: GNC)

GNC Holdings wasn’t off to the best of days in the market. After a short-lived spike upward early on, the stock quickly took a dive to the red. For most of the trading session, that’s where it stayed. However, minutes ago, things changed in a big way, as the stock started spiking upward. Below, we’ll talk about what we’re seeing in the market, why, and what we’ll be watching for with regard to GNC ahead.





What We’re Seeing From GNC

As mentioned above, GNC Holdings wasn’t having the best of days in the market today. After a short run that looked like a good start, the stock quickly fell into the red and stayed there for most of the trading session thus far. Nonetheless, minutes ago, the stock started spiking upward. At the moment (12:04), GNC is trading at $14.40 per share after a gain of $0.20 per share (1.41%) thus far today.

Why The Stock Is Spiking

As always, when we saw that GNC was spiking upward, the CNA Finance team started working to see what was causing the gains. It didn’t take long to dig up the scoop. At the moment, there’s a rumor going around Twitter that, if true, is great news for the company.




Previously, GNC Holdings was being investigated for illegal supplemental sales by the Department of Justice. However, if the social rumor is true, the company has reached a settlement with the United States Department of Justice. If this is the case, the investigation and uncertainty with regard to penalties is now behind the company.

What We’ll Be Watching For Ahead

As mentioned above, the rumor surrounding GNC that’s causing the gains is unconfirmed. Moving forward, the CNA Finance team will be keeping a close eye on the news to see what confirmation we can uncover. We also want to know more about the logistics of the deal. Nonetheless, we’ll bring the data to you as it becomes available.

UPDATE – It has been confirmed that GNC has agreed to pay $2.25 million in a settlement with the Department of Justice with regard to the investigation mentioned above. The minimal settlement is great news for the stock!

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Alere Inc. Common Stock (ALR) Stock Abbott Laboratories (ABT) Stock News

Alere Inc. Common Stock (NYSE: ALR) | Abbott Laboratories (NYSE: ABT)

Alere wasn’t off to the best of starts to the trading session today. Upon the opening bell, the stock found itself in the red. Since then, we’ve seen a struggle that kept the stock in the red before it was halted on bad news. Below, we’ll talk about what we’re seeing from the stock, why, and what we’ll be watching ahead.





What We’re Seeing From ALR

As mentioned above, Alere wasn’t off to the best of days in the market today. After starting the day off in the red, the stock didn’t have much by way of movement. It simply stayed below the green line. However, at 11:12 AM, the stock was halted. As a result, ALR is currently frozen at $39.68 per share after a loss of $0.18 per share (0.45%) thus far today.

Why The Stock Is Falling

As usual, as soon as the CNA Finance team saw that ALR was halted, we decided to take a look to see what the reason for the halt was. Unfortunately, it wasn’t good news at all. The halt is due to new information surrounding a recent deal between Abbott Laboratories and Alere.




The agreement was recently entered into, under which ABT would be acquiring ALR. However, it seems as though a wrench has been thrown into the plans. Shortly after the halt, news broke that ABT filed a complaint with the hope of terminating the proposed acquisition. Of course, this is a horrible thing, as the acquisition would have returned incredible value to shareholders on the ALR side of the equation.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be watching the Alere/Abbott story very closely. Of course, we want to know more about the complaint that was filed and what will happen with regard to the acquisition of ALR by ABT. Nonetheless, we’ll be following the story closely and bringing the news to you as it breaks!

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JD.Com Inc JD Stock News

JD.Com Inc(ADR) (NASDAQ: JD)

JD.Com is having an overwhelmingly strong day in the market today. Early on, the stock was in the green, but not by much. Nonetheless, as the day progressed, the stock started spiking higher and higher. Below, we’ll talk about what we’re seeing from the stock, why, and what we’ll be watching for with regard to JD ahead.





What We’re Seeing From JD

As mentioned above, JD.Com is having a relatively strong day in the market today. After starting the day off cleanly in the green, the stock has been spiking higher and higher throughout the trading session. Currently (11:06), JD is trading at $26.86 per share after a gain of $1.03 per share (3.99%) thus far today.

Why The Stock Is Climbing

As usual, as soon as we saw that JD was climbing, the CNA Finance team went to work to see exactly what was causing the movement here. In our search, we were unable to find any fundamental data that would lead to such a climb. However, we were able to find something.




Early this morning, there was a bit of chatter surrounding a competitor to JD.Com, known as Tencent. The social rumors revolving around Tencent seem to be causing movement in JD.Com. While we can’t say that this is the only reason for the move, it is the only story we were able to dig up that was relevant to movement today.

What We’ll Be Watching For Ahead

Moving forward, we’ll be keeping a close eye on JD. Ultimately, something is happening with this stock, and while investors are enjoying the gains, many are scratching their heads trying to figure out why. Nonetheless, we’ll keep our eyes peeled, and if we dig up anything else, we’ll be sure to bring the story to you!

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Honeywell International HON Stock News

Honeywell International Inc. (NYSE: HON)

Honeywell International has had a very interesting start to the day today. After starting the day off in the green, the stock quickly took a run down to the line. However, right after breaking into the red, the stock started gaining, and now it looks like it’s spiking even higher. Below, we’ll talk about what we’re seeing, why the stock is spiking, and what we’ll be watching for with regard to HON ahead.





What We’re Seeing From HON

As mentioned above, Honeywell has been a pretty interesting stock to watch thus far this morning. While the stock did start the day in the green, it quickly took a turn for the worst, making it into the red before recovering. However, minutes ago, the stock started to spike again. At the moment (10:21), HON is trading at $114.09 per share after a gain of $1.02 per share (0.90%) thus far today.

Why The Stock Is Spiking

As usual, as soon as we saw that HON was making a run upward, the CNA Finance team started working to see exactly what was causing the gains. In our search, we found that the company hasn’t released any fundamental news that would justify such movement. Nonetheless, we did find something in social.




In the social space at the moment, there’s quite a bit of chatter surrounding Honeywell International. According to the chatter, the gains are the result of activist investor involvement. Once again, this is a rumor. However, if an activist investor is doubling down on this one, it’s likely a great thing for investors.

What We’ll Be Watching Ahead

Moving forward, the CNA Finance team will be watching HON incredibly closely. In particular, we are interested to see if the chatter is correct. If it is, we’re expecting big changes and big gains ahead. Nonetheless, we’ll keep a close eye on the story and update you as it breaks!

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Netflix NFLX Stock News

Netflix, Inc. (NASDAQ: NFLX)

Netflix is having an incredibly strong day in the market today. Since the market opened, the stock has been trading well into the green. Throughout the session, we’ve seen further growth. Now, it looks like the stock is spiking even further. Below, we’ll talk about what we’re seeing from the stock, why, and what we’ll be watching for with regard to NFLX ahead.





What We’re Seeing From NFLX

As mentioned above, Netflix was having a relatively strong day early on today. The stock started the day off well into the green. Throughout the session, it has slowly been creeping upward. However, the big story is what started just minutes ago. The stock is spiking in a big way at the moment. Currently (1:27), NFLX is trading at $123.56 per share after a gain of $4.40 per share (3.69%) thus far today.

Why The Stock Is Headed Up

As always, as soon as we saw that NFLX was spiking, the CNA Finance team started digging to see exactly what was causing the movement. In this particular case, it didn’t take long to find the story. It looks like there’s a big social rumor circling at the moment, that, if true, could send the stock soarding.




Essentially, all over social media, we’re seeing a rumor stating that NFLX may be added to a new TV interface. In fact, the rumors suggest that the Netflix app may soon be available through Charter services. At the moment, this has not been confirmed, but it’s definitely causing excitement.

What We’ll Be Watching For Ahead

Moving forward the CNA Finance team will be keeping a close eye on NFLX. In particular, we want to see if the rumors of advanced talks with Charter are true, as this could really cause a nice bump in the stock. Nonetheless, we’ll keep a close eye on the news and update you as it breaks!

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Omnicom Group Inc. OMC Stock News

Omnicom Group Inc. (NYSE: OMC)

Omnicom was off to a relatively normal day in the market today. On the opening bell, the stock found itself well into the green, where it has been climbing since. That is, until minutes ago, when it started to spike downward. Below, we’ll talk about what we’re seeing from the stock, why, and what we’ll be watching for with regard to OMC moving forward.





What We’re Seeing From OMC

As mentioned above, Omnicom Group was off to a relatively strong day today. The stock started the day off in the green. From there, it continued to run throughout the first half of the trading session. However, minutes ago, we saw a reversal that led to a high momentum spike downward. Currently (12:47), OMC is trading at $83.47 per share after a loss of $2.58 per share (3.00%) thus far today.

Why The Stock Is Falling Apart

As usual, as soon as we noticed that OMC was taking a dive, the CNA Finance team went to work to see exactly what was causing the movement. It didn’t take long to uncover the story. At the moment, it seems as though the declines are the result of a social network rumor, that, if true, could have an industry-wide impact.




All over social at the moment, we’re seeing a rumor surrounding Omnicom and others in in the advertising industry. According to the rumors, the United States Department of Justice is probing a large advertising industry contract for commercial production. Of course, any investigation will lead to declines. As a result, investors are selling off OMC.

What We’ll Be Watching Ahead

Of course, the CNA Finance team will be keeping an eye on the OMC story ahead. However, it’s important to keep in mind that what we’re seeing at the moment seems to be a rumor. We will keep a close eye on the news and update you as it becomes available.

UPDATE – The rumors started from a WSJ report. However, the story is still unconfirmed.

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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...