Should investors follow the lead of Executives, Directors and others with inside information of the company, when they are buying and selling shares of the company? The response comes as an affirmative ‘Yes’ from Founder and Editor of Insider Monkey, Meena Krishnamsetty, who has figured that insider trading can significantly show the direction of the stock. During an appearance on Fox Business, Krishnamsetty highlighted that how companies with multiple insider purchases outperform the market by an average of 7% per year. On Hedge Funds Radar As Krishnamsetty details out the three companies, which are under the insiders favorite radar, she…
Author: Neha Gupta
On August 1, 2014, Infosys Ltd ADR (NYSE:INFY) will gear up for a brand new leadership with CEO Vishal Sikka, former SAP AG executive, taking the charge of the India’s software services giant. On Thursday, Infosys announced the appointment of Sikka, who will succeed S.D. Shibulal in his present role. This will be the first time when Infosys Ltd ADR (NYSE:INFY) has taken in a CEO, who is not a founder of the company. With the new face on the board, the company intends to pull itself off the shrinking profit margins that it has experienced since the last four…
In a Bloomberg video, Financial Journalist Betty Liu, Market Correspondents Scarlet Fu and Julie Hyman discuss the top ten stocks for today. Sony Corporation (ADR) (NYSE:SNE) is on the 10th position. These sales have seen the highest growth in the last two years jumping 30% in Q1, fueled by football world cup in Brazil and winter Olympics. On the ninth spot is The Blackstone Group L.P. (NYSE:BX) which is entering into a partnership with DDR Corp (NYSE:DDR) to buy 76 shopping centers. Facebook Inc. (NASDAQ:FB) is the next on the list. The company is expanding the amount of information…
As Caterpillar Inc. (NYSE:CAT) rolls out another 17% hike in its dividend to their shareholders, there are two sets of arguments that emerge about the future of the company. A CNBC report takes the insight from both Josh Brown and Jon Najarian, who are bullish and bearish about the company. While making his case of being bullish on the company, Josh Brown stated: “Caterpillar is a great proxy for global growth. All of the economic data that matters from China and the United States particularly, is starting to come up roses. That’s why you’re seeing Caterpillar rally.” Josh Brown further…
In a conversation on Bloomberg, Tony Ponturo, Group Partner and Producer of KirmsterPonturo spoke about the recent acquisition of Beat Electronics by Apple Inc. (NASDAQ:AAPL) and the profit of $30 million otbtained by Lebron James, the famed basketball star in that deal. The deal involved Apple acquiring the streaming music provider Beats Music and the makers of popular headphones, audio software and speakers Beats Electronics for a total consideration of $3 billion. As a part of the deal, the co-founders of Beats, Jimmy Iovine and Dr.Dre will join Apple. Quoting ESPN, Bloomberg correspondent stated that James negotiated with Beats Electronics back…
After spending nearly nine months in his role as a CEO at Electronic Arts Inc. (NASDAQ:EA), Andrew Wilson opens up during a Bloomberg interview about what has been achieved so far and future plans of the company. Wilson revealed his thoughts about the image that was built in the marketplace that the company has not done all that could be for the player, which led Wilson to reestablish a “player first mentality”. Wilson feels that the improvements made in this direction are going on the right track and is happy with the feedback given by the gaming community. Running through…
To end the process of going through complicated fixtures and finishing post house construction, Lowe’s Companies, Inc. (NYSE:LOW) has come up with its proprietary technology called, ‘Lowe’s Holoroom’. CNBC reports about how the company’s latest technology will help Americans, who spent a record $119 billion for their home remodelling last year and the numbers are expected to increase by as much as 3.6% this year, as projected by the National Association of Home Builders (NAHB). With the new technology, Lowe’s aims to take off the burden from a house owners’ shoulders to experiment with the things as the new technology…
In a conversation with the CNBC correspondent Melissa Lee, Ed Maguire of CLSA and investment expert Brian Kelly discuss their views on stocks of different cyber security companies. Ed Maguire recommends Splunk Inc. (NASDAQ:SPLK), FireEye, Inc. (NASDAQ:FEYE) for its ability to identify threats and fixing them and Palo Alto Networks, Inc. (NASDAQ:PANW) for being a good network security player. For Splunk his target is $80. On the other two companies Maguire recuses himself from taking a call in response to a question by Lee that the FireEye has seen a roller coaster ride coming down to $24 from $90. Maguire…
Facebook Inc (NASDAQ:FB)’s latest hiring of David Marcus from eBay Inc (NASDAQ:EBAY)’s unit, PayPal, has popped up a new series of questions as to what will be the next move by the social networking site. Many feel that the hiring hints at Facebook’s plan to acquire eBay itself, while, on the other hand, speculations of buying out PayPal alone are also making the rounds. Amid the buzz, CNBC tried to find out the real reason of the Facebook’s latest hire with Technalysis Research Founder and Chief Analyst, Bob O’Donnell. Not Out Of Question Bob O’Donnell said: “Marcus was a part…
In a CNBC Video, Patrick O’Luanaigh, the CEO of Ngames talks about the virtual reality headsets Oculus from Facebook Inc. (NASDAQ:FB) and Project Morpheus from Sony Corporation (NASDAQ:SNE) and also demonstrates the use of the headset. With an Oculus virtual reality headset on his head, he explains how it feels to wear this device. According to the report, the headsets are very simple to wear and really easy to use. So one can just wear the headset and then be prepared for a fantastic out of the world experience. To quote O’Luanaigh, ‘it feels like one is in an entirely…
In a conversation with CNBC’s Rebecca Quick, Mark Kiesel, Deputy CIO of Pimco, shared some top stocks to invest in, among which is Targa Resources Partners LP (NASDAQ:NGLS) and USG Corporation (NASDAQ:USG) as two stocks endorsed by Kiesel, that can be owned. Targa Resources Partners LP (NASDAQ:NGLS) Explaining his rationale for the energy company, Targa Resources Partners LP (NASDAQ:NGLS), Kiesel said: “We have called it a game changer. A revolution. Energy production is growing at 8 to 10% across the country. […] Targa is growing at 20 to 30%.” He further mentioned that there are several companies where energy production has…
Sony Corporation (NASDAQ:SNE) announced its entry into the Virtual reality headset market, by introducing its ‘Project Morpheus’ in the Electronic Entertainment Expo in Los Angeles today. Bloomberg Television’s Cliff Edwards reported the announcement in its Countdown program. In a conversation, with Mark Barton and Anna Edwards, Cliff Edwards said: “Yes, that’s the first thing you should mention. It is a very young market, but Sony is poised to succeed where others can’t because they have their own entertainment.” Sony Corporation (NASDAQ:SNE) already has a sound presence in gaming and entertainment industry. It has its own movie and television shows, which the…