Service Stocks

Youngevity International YGYID Stock News

Youngevity International Inc (NASDAQ: YGYI) is having yet another in a string of strong days in the market today after announcing the opening of operations in Colombia. Today, we’ll talk about the news, why it’s such a positive for YGYI, what we’re seeing from the stock today, and what we’ll be watching for ahead.





YGYI Launches Operations In Colombia

As mentioned above, Youngevity International has had a string of strong trading sessions after recently announcing that it has opened operations in Colombia. In the press release, YGYI said that it has identified the company as one of the primary direct selling markets in Latin America. The expansion will be led by Country Manager, Angela Sierra under the supervision of Susana Azócar, Director of Sales and Operations for Latin America. In a statement, Luke Taffuri, VP of International Sales & Operations, had the following to offer:

“I’ve worked with Angela Sierra for the past 10 years, and I’m excited that her experience and skill set are available for this launch… The ability to acquire experienced and seasoned executives that can get up to speed quickly is a strong advantage of Youngevity’s acquisition strategy.”




Why This Is Such Big News

At the end of the day, opening operations in Colombia is great news for YGYI and its investors. After all, the company is setting up a 4,520 square foot headquarters in Bogotá, the capital of the nation that is considered to be a direct selling hub for Latin America. Ultimately, the opening of operations in the region will likely expand revenue and earnings in a big way, while creating strong economic opportunities for many in the region.

What We’re Seeing From YGYI

At the end of the day, investors continue to push the value of Youngevity International to the top as excitement builds surrounding the operations in Colombia. Of course, our partners at Trade Ideas were the first to alert us to the gains. Currently (1:13), YGYI is trading at $5.42 per share after a gain of $0.16 per share or 3.13% thus far today.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on YGYI. In particular, we’re interested in following the progress they make in Colombia and throughout Latin America. We’ll also be watching the continued and robust growth of CLR Roasters and others within the company’s impressive line of brands.

Never Miss The News Again

Do you want real-time, actionable news delivered to your inbox? Join the CNA Finance mailing list below!

Subscribe Today!

* indicates required









AmTrust Financial Services AFSI Stock News

AmTrust Financial Services Inc (NASDAQ: AFSI) is having an overwhelmingly strong day in the market today, and for good reason. The company announced the consideration of a potential acquisition that led to excitement among investors. Below, we’ll talk about the updates, what we’re seeing from the stock, and what we’ll be watching for ahead.





AFSI Soars On Corporate Updates

As mentioned above, AmTrust Financial Services is having an overwhelmingly strong trading session in the market today after announcing a series of corporate updates. In a press release issued early this morning, the company announced that its board of directors has appointed a special committee to consider the January 9, 2018, proposal to acquire the company.




In the release, AFSI said the proposal came from private equity funds that are managed by Stone Point Capital LLC as well as Barry D. Zyskind, the current CEO and Chairman at AFSI, George Karfunkel, and Leah Karfunkel. The acquisition proposal came with a price of $12.25 per share.

In the press release, AmTrust said that a special committee has been formed to consider the proposal. This committee includes Donald T. DeCarlo, Susan C. Fisch, Abraham Gulkowitz, and Raul Rivera, all of whom are AFSI Directors.

How The Market Reacted To The News

As investors, one of the first things that we learn is that the news moves the market. In general, news surrounding acquisitions tends to lead to massive movement, and that’s exactly what we’re seeing today. Of course, our partners at Trade Ideas were the first to alert us to the gains. Currently (11:02), AFSI is trading at $12.63 per share after a gain of $2.48 per share (24.43%) thus far today.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on AFSI. In particular, we’re interested in following the story surrounding the potential acquisition. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

Never Miss The News Again

Do you want real-time, actionable news delivered to your inbox? Join the CNA Finance mailing list below!

Subscribe Today!

* indicates required









Ameri Holdings Inc AMRH Stock News

Ameri Holdings Inc (NASDAQ: AMRH) is having an overwhelmingly strong start to the trading session this morning, and for good reason. The company announced news revolving around the blockchain, and like what we’ve seen with KODK and INPX over the past session or two, the stock is making a run for the top. Today, we’ll talk about the announcement, what we’re seeing from the stock, and what we’ll be watching for with regard to AMRH ahead.





AMRH Soars On Blockchain Announcement

As mentioned above, Ameri Holdings is having an overwhelmingly strong start to the trading session this morning after issuing a press release announcing its entrance into the blockchain. In the release, AMRH announced that it intends to expand its service offering with blockchain functionality.

This blockchain functionality will be designed to transform its customers’ approach to supply chain management. In the release, AMRH said that the technology will deliver greater transparency and accountability at every step of the customer’s supply chain.




Ameri Holdings said that it plans to develop its expanded offering through the establishment of an in-house blockchain practice. The company will also be forming new strategic partnerships aimed at the acquisition of startup companies that offer blockchain functionality. In a statement, Brent Kelton, CEO at AMRH, had the following to offer:

“Our blockchain initiative reflects a customer-driven approach to supply chain management that offers substantial advantages over today’s conventional supply chain IT infrastructure. With the deployment of blockchain solutions, customers can expect to see increased transparency and greater efficiency in the management of their complex supply chains that should yield substantial time and cost savings. As enterprises move to deploy new technologies like blockchain, this expansion of our best-in-class solutions is an investment in the Company’s future success.”

What We’re Seeing From The Stock

As investors, one of the first things that we learn is that the news moves the market. Recently, there have been few bits of news that have the ability to cause movement in the market quite like blockchain news. So, with the news of their entrance into the blockchain, it’s no surprise that Ameri Holdings is making a run for the top. As is almost always the case, our partners at Trade Ideas were the first to alert us to the gains. Currently (10:33), AMRH is trading at $7.61 per share after a gain of $4.19 per share (122.51%) thus far today.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on AMRH. In particular, we’ll be watching for acquisitions in the blockchain industry and excited to see what the company does with the technology. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

Never Miss The News Again

Do you want real-time, actionable news delivered to your inbox? Join the CNA Finance mailing list below!

Subscribe Today!

* indicates required









v

Altice USA Inc ATUS Stock News

Altice USA Inc (NYSE: ATUS) is having an overwhelmingly strong day in the market today, and for good reason. The company announced spinoff plans that led to excitement among investors, sending the stock soaring. Today, we’ll talk about the plans, what we’re seeing from ATUS, and what we’ll be watching for ahead.





ATUS Gains On Spinoff Plans

As mentioned above, Altice USA is having an overwhelmingly strong day in the market today after the company’s parent company, Altice N.V., announced a spinoff. The company announced that its Board of Directors has approved plans for the separation of Altice USA Inc. from Altice NV.

In the PR, ATUS said that the spinoff will give each business a better opportunity to focus more on the distinct opportunities in their respective markets. The move also increases transparency for investors. In the release, the company said that the spinoff is planned to be completed by the end of the second quarter of 2018. Of course, the move is still subject to regulatory and shareholder approvals. In a statement, Patrick Drahi, founder of ATUS, had the following to offer:




“The separation will allow both Altice Europe and Altice USA to focus on their respective operations and execute against their strategies, deliver value for shareholders, and realize their full potential. Both operations will have the fundamental Altice Model at their heart through my close personal involvement as well as that of the historic founding team.

Altice Europe has tremendous opportunities as we deliver on our operation aspirations around much improved customer service and monetizing our premium infrastructure and content assets. Altice Europe has a unique asset base that is fully converged and fiber rich with strong number one or number two positions in each market with nationwide fixed and mobile coverage. At the core of our strategy is the operation and financial turnaround in France and Portugal. In parallel, we have a clear plan to further strengthen our long-term balance sheet position as we execute our non-core asset disposals.

Altice USA sees exciting opportunities in the US market as we start 2018 with strong momentum. We have a full operational agenda to deliver best-in-class services to our customers, drive innovation and advance our fiber investment strategy. The new organization structure will enable us to focus even more on executing this agenda while enhancing transparency for our investors. We remain confident in achieving the objectives we set out at the beginning of our journey in the US and affirm the efficiency targets set out at the time of the acquisitions of Suddenlink and Optimum.”

What We’re Seeing From The Stock As A Result

One of the first things that we learn when we start to dabble in the market is that the news causes movement. In this particular case, investors are loving the idea of the spinoff, which can be seen through the gains in the value of the stock. Of course, our partners at Trade Ideas were the first to alert us to the gains. At the moment (11:12), ATUS is trading at $24.19 per share after a gain of $3.10 per share or 14.70% thus far today.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on ATUS. In particular, we’re interested in following the story surrounding the spinoff as it is still subject to regulatory and shareholder approval. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

Never Miss The News Again

Do you want real-time, actionable news delivered to your inbox? Join the CNA Finance mailing list below!

Subscribe Today!

* indicates required









Weight Watchers WTW Stock News

Weight Watchers International, Inc. (NYSE: WTW) is having an overwhelmingly strong day in the market today, and for good reason. Oprah Winfrey, a large stakeholder in the company, gave a speech at the Golden Globe awards that, at the very least, was a push on President Trump and, at the most, an announcement of her presidential candidacy. Today, we’ll talk about the presidential speculation, what we’re seeing from WTW as a result, and what we’ll be watching for ahead.




WTW Gains On Oprah Winfrey Acceptance Speech

As mentioned above, Oprah Winfrey gave a speech at last night’s Golden Globe Awards that many believe to be a hint at her run for the presidency. Of course, this speech caused Weight Watchers to head up in the market. In the Cecil B. DeMile Award acceptance speech, Winfrey talked about various moving topics, and seemed to take stabs directly at President Donald Trump himself. Here’s what she had to offer:




“The Press is under siege these days, but we also know that it is the insatiable dedication to uncovering the absolute truth that keeps us from turning a blind eye to corruption and to injustice.”

Winfrey went on to say “I want to say that I value the press more than ever before as we try to navigate these complicated times which brings me to this. What I know for sure is that speaking your truth is the most powerful tool that we all have and I am especially proud and inspired by all the women who have felt strong enough and empowered enough to speak up and share their personal stories.”

Oprah went on to tell the story of Recy Taylor before making what seemed to be a stab directly at President Trump, explaining that Taylor lived “as we all have lived, too many years in a culture broken by brutally powerful men. For too long women have not been heard or believed if they dared to speak their truth to the power of those men, but their time is up. Their time is up!”

Winfrey continued with “I want all the girls watching here and now to know that A  NEW DAY IS ON THE HORIZON! And when that new day finally dawns, it will be because of a lot of magnificent women, many of whom are right here in this room tonight, and some pretty phenomenal men, fighting hard to be sure that they become the leaders that take us to the time where nobody has to ever say ‘me too’ again.”

What We’re Seeing From The Stock

As investors, one of the first things that we learn is that the news moves the market. Any time positive news is released with regard to a publicly-traded company, we tend to see gains. With Winfrey’s speech at the Gold Globe Awards, many investors are seeing opportunity ahead. As a result, Weight Watchers is skyrocketing. Of course, our partners at Trade Ideas were the first to alert us to the gains. At the moment (1:59), WTW is trading at $53.04 per share after a gain of $6.13 per share (13.07%) thus far today.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on WTW. In particular, we’ll be watching for any news associated with Oprah Winfrey and a possible run for the White House, and how further speculation will affect the stock. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

Never Miss The News Again

Do you want real-time, actionable news delivered to your inbox? Join the CNA Finance mailing list below!

Subscribe Today!

* indicates required









Kohl's Corporation KSS Stock News

Kohl’s Corporation (NYSE: KSS) is having an incredibly strong day in the market today, climbing near the stock’s 52-week high. The gains are ultimately the result of a strong holiday season, leading to increased guidance. Of course, this led to excitement among investors, causing gains in the value of the stock. Today, we’ll talk about the news, what we’re seeing from KSS, and what we’ll be watching for ahead.





KSS Gains On Holiday Sales And Increased Guidance

As mentioned above, Kohl’s Corporation is having an incredibly strong day in the market today. The gains are ultimately the result of a strong holiday sales period, which encompasses November and December of 2017. In the press release, KSS said that total and comparable sales for this time period increased 6.9% on a year-over-year basis.

As a result of the stronger-than-expected holiday sales season, the company has increased guidance. KSS said that it is now expecting that fiscal 2017 diluted earnings per share will come in between $4.10 and $4.20. That’s a strong increase over previous guidance of between $3.72 per share and $3.92 per share. In a statement, Kevin Mansell, Chairman and CEO at Kohl’s, had the following to offer:




“We are very pleased with our Holiday period sales, which were consistently strong through November and December. All lines of business and all regions reported positive comp sales. As expected, growth in digital demand accelerated significantly in the Holiday period from the year-to-date trend. In addition, we experienced positive sales in our stores driven by stronger traffic. I’d like to thank every Kohl’s associate across the organization for their commitment to delivering an outstanding Holiday experience for our customers.”

What We’re Seeing From The Stock

As investors, one of the first things that we learn is that the news moves the market. In this particular case, news surrounding Kohl’s proved to be overwhelmingly positive. As a result, we’re seeing a strong reaction in the market. At the moment (12:43), KSS is trading at $57.51 per share after a gain of $3.15 per share (5.79%) thus far today.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on KSS. In particular, we’re interested in following the ongoing growth in sales that the company is currently experiencing. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

Never Miss The News Again

Do you want real-time, actionable news delivered to your inbox? Join the CNA Finance mailing list below!

Subscribe Today!

* indicates required









OneMain Holdings Inc OMF Stock News

OneMain Holdings Inc (NYSE: OMF) is having an overwhelmingly strong start to the trading session this morning, and for good reason. It was announced early this morning that an Apollo-led group of investors have purchased a massive stake in the company. Of course, this led to excitement among investors. Today, we’ll talk about the news, what we’re seeing from OMF, and what we’ll be watching for ahead.





OMF Gains Big On Large Investment

As mentioned above, OneMain Holdings is having an incredibly strong start to the trading session this morning after announcing that a massive stake in the company has been purchased. According to the press release, a group of investors led by Apollo Global Management, LLC have purchased approximately 40.5% of the company.

Under the terms of the agreement, the group will purchase all of Fortress’ remaining equity interest in OMF for a value of $26.00 per share. The transaction, which will lead to the Apollo-led group owning about 40.5% of the company, is expected to close in the second quarter of 2018. However, the deal is still subject to customary closing conditions as well as regulatory approval. In a statement, Matthew Michelini, Partner at Apollo, had the following to say about the agreement with OMF:




“We are tremendously excited for our managed funds, together with Värde, to acquire a significant position in OneMain… As one of America’s premier consumer finance companies, we believe OneMain is exceptionally well-positioned for continued growth and innovation. We look forward to working with OneMain’s dedicated team of employees and leveraging Apollo’s resources and deep expertise in financial services as the Company embarks on the next chapter of its long history of success.”

The above statement was followed up by Jay Levine, President and CEO at OMF. Here’s what he had to say:

“We appreciate all of the support and insight that Fortress has provided as a key partner and majority investor over the last seven years of our Company’s journey… With a clear path forward to achieve our long-term objectives, we are confident that the thought leadership and expertise represented by this new investor group will be instrumental as we build further shareholder value.”

What We’re Seeing From the Stock

With news of such massive interest in OneMain Holdings and strong words of encouragement from some of the most trusted leaders in finance, it’s no surprise that investors are excited about the stock today. Of course, our partners at Trade Ideas were the first to alert us to the gains. At the moment (10:25), OMF is trading at $33.09 per share after a gain of $6.50 per share (24.45%) thus far today.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on OMF. In particular, we’re interested in watching as the relationship builds between the company and the group of investors that just purchased this large stake. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

Never Miss The News Again

Do you want real-time, actionable news delivered to your inbox? Join the CNA Finance mailing list below!

Subscribe Today!

* indicates required









Cogint Inc COGT Stock News

+Cogint Inc (NASDAQ: COGT) is having an overwhelmingly strong start to the trading session in the pre-market hours this morning, and for good reason. The company announced the formation of a strategic alliance that is proving to be exciting to investors. Today, we’ll talk about the alliance, what we’re seeing from the stock, and what we’ll be watching for ahead.





COGT Gains On Strategic Alliance

As mentioned above, Cogint is having an incredibly strong start to the trading session in the pre-market hours this morning after announcing the formation of a strategic alliance. The company announced that it has formed a strategic alliance with Dragonchain, Inc., a blockchain-based company out of Seattle.

According to the press release, COGT and Dragonchain will be working together on the implementation of Cogint solutions, including asset tracking, identity verification, fraud prevention, and transaction security within the Dragonchain blockchain platform. Ultimately, the two are working toward a goal of integration of mission-critical business applications with the secure, serverless, scalable Dragonchain blockchain platform. Ultimately, this should empower businesses to adopt the Dragonchain blockchain platform for their daily business needs. In a statement, Derek Dubner, CEO at COGT, had the following to offer:




“We are excited to form an alliance with Joe, Eileen and the Dragonchain team… We are intrigued by Dragonchain’s application across disparate enterprises to drive secure transactions. We believe that combining Cogint’s differentiated abilities to deliver asset tracking, identity verification, fraud prevention, and secure transactions with the Dragonchain blockchain platform will accelerate adoption of the platform by enterprises, as well as instill confidence in counterparties and the investing public in not only Dragonchain but the emerging blockchain and cryptocurrency industries.”

What We’re Seeing From The Stock

As investors, one of the first things that we learn is that the news moves the market. Lately, any news associated with the blockchain has been strong market-moving news. So, it’s no surprise that with Cogint’s announcement of a move toward the blockchain, the stock is flying for the top. Of course, our partners at Trade Ideas were the first to alert us to the gains. At the moment (8:55), COGT is trading at $6.20 per share after a gain of $1.45 per share (30.53%) thus far today.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on COGT. In particular, we’re interested in following this collaboration and excited to see the fruits of the labor put in by both companies. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

Never Miss The News Again

Do you want real-time, actionable news delivered to your inbox? Join the CNA Finance mailing list below!

Subscribe Today!

* indicates required









SCANA Corporation SCG Stock News

SCANA Corporation (NYSE: SCG) is having an overwhelmingly strong start to the trading session this morning, and for good reason. Early this morning, a press release was offered, informing investors of a merger. Of course, this led to excitement, causing dramatic gains in the stock. Below, we’ll talk about the merger, what we’re seeing from SCG, and what we’ll be watching for ahead.





SCG Skyrockets On Merger

As mentioned above, SCANA Corporation is having an incredibly strong start to the trading session this morning after the company announced a merger. In a press release issued early this morning, the company announced that it has entered into an agreement with Dominion Energy surrounding the combination of the two into one company in a stock-for-stock merger. Under the terms of the agreement, SCG shareholders will receive 0.6690 shares of Dominion Energy common stock for each share owned. This brings the price per share to approximately $55.35 for a total value of $7.9 billion. Also, Dominion Energy will assume all debt, bringing the total value of the acquisition to $14.6 billion.




Under the terms of the agreement, the South Carolina Electric & Gas Company subsidiary of SCG will benefit greatly. After the closing of the merger, a $1.3 billion cash payment will be made to all customers, worth $1,000 for the average residential electric customer. Customers will also enjoy an estimated 5% rate reduction and more benefits after the closing of the deal.

Finally, Dominion Energy has agreed to provide funding in the amount of $1 million per year in increased charitable contributions in communities associated with SCG for a period of 5 years. In a statement, Jimmy Addison, CEO at SCG, had the following to offer:

“Dominion Energy is a strong, well-regarded company in the utility industry and its commitment to customers and communities aligns well with our values… Joining with Dominion Energy strengthens our company and provides resources that will enable us to once again focus on our core operations and best serve our customers.”

What We’re Seeing From The Stock

As investors, one of the first things that we learn is that the news moves the market. In this particular case, the news surrounding SCANA Corporation proved to be overwhelmingly positive. As a result, we’re seeing strong gains in the value of the stock. Of course, our partners at Trade Ideas were the first to alert us to the gains. At the moment (10:53), SCG is trading at $48.00 per share after a gain of $9.13 per share (23.49%) thus far today.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on SCG. In particular, we’re interested in following the story surrounding the merger, as it is still subject to customary closing conditions as well as regulatory approval. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

Never Miss The News Again

Do you want real-time, actionable news delivered to your inbox? Join the CNA Finance mailing list below!

Subscribe Today!

* indicates required









Humana HUM Stock News

Humana Inc (NYSE: HUM) is having an incredibly interesting start to the trading session today. Shortly after the opening bell, the movement on the stock was nothing exciting. While it spent some time in the red and some in the green, none of the movement was eye-catching. Nonetheless, the stock spiked moments ago as rumors started to break. Today, we’ll talk about the rumors, what we’re seeing from the stock, and what we’ll be watching for with regard to HUM ahead.





Rumors Surface Surrounding HUM

As mentioned above, Humana was in for what seemed to be a pretty uneventful day in the market today. That is, until minutes ago when the value of the stock started to spike. After doing some digging, we didn’t see any news released by the company. However, we did find a rumor that is surfacing around HUM.

According to the rumor Walmart (WMT) is interested in taking the company over. The rumor suggests that the two companies are currently in advanced takeover talks and the price of the takeover will be somewhere between $291 and $298 per share.




Nonetheless, it’s important to keep in mind that this isn’t the first takeover rumor that we’ve seen in the market, nor will it be the last. The truth of the matter is that takeover rumors are one of the most common forms of manipulation in the stock market today. While this particular rumor comes with more detail than most, it’s still no guarantee. So, if you’re going to trade on this news, please be sure to do so with caution.

What We’re Seeing From The Stock

Regardless of whether or not the rumor is true, it’s clear that it has led to some excitement among investors. After all, shortly after the rumors broke, we started to see a spike in the value of the stock. Of course, our partners at Trade Ideas were the first to alert us to the gains. Currently (10:39), HUM is trading at $255.11 per share after a gain of $3.47 per share (1.38%) thus far today.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on HUM. In particular, we’ll be watching for any news associated with the potential takeover by WMT. While chances are slim, anything can happen in the market. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

Never Miss The News Again

Do you want real-time, actionable news delivered to your inbox? Join the CNA Finance mailing list below!

Subscribe Today!

* indicates required









Thought Leader Discussions

Gevo, Inc. GEVO Stock News

0 7802
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...