Month: September 2021

Sam Edwards | Getty Images The day before Goldman Sachs announced its $2.2 billion purchase of fintech lender GreenSky, someone placed options trades that immediately soared in value, moves that market participants say indicates advance knowledge of the deal. On Sept. 14, the trader bought 8,000 options that would only pay off if the price
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Many people don’t understand that you can actually sell option contracts without having the stock, or without owning the other option side of the trade. Selling options is more popular among professionals than buying option contracts. That is because when you sell option contracts, you can allow the time decay to work in your favor.
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In this article REGN MSFT LVS WYNN WEBR CNR-CA Check out the companies making headlines before the bell: Weber (WEBR) – The grill maker’s stock jumped 3.8% in the premarket, following its first quarterly report since going public in August. Weber’s sales rose 19% from a year earlier, and the company projected full-year sales largely
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A pharmaceutical play, Novavax (NASDAQ:NVAX) has been on the move. In fact, NVAX stock has risen nearly three times higher since November of last year. Source: Ascannio/Shutterstock.com This leap is primarily due to the company’s Covid-19 vaccine inching closer to commercial release. However, despite the price appreciation, I believe there is still plenty of upside
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Air travel facilitates business, visiting family and friends, and rapid transportation of goods and people to locations worldwide. According to the U.S. Department of Transportation (DOT), the airline industry has four basic categories: international, national, regional, and cargo. Regional flights stay local to one area, and cargo airlines transport goods, not passengers. International flights typically
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The other shoe has finally dropped on one lovelorn exec. The former chief financial officer of a high-end Massachusetts shoe maker has been sentenced to almost six years in prison for embezzling $30 million to help finance the career ambitions of a one-time TV newscaster he had fallen for. Richard Hajjar, 65, admitted he had
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The Nasdaq 100 Index has more than doubled from its pandemic lows in the past year. It includes the top 100 non-financial companies listed on the Nasdaq exchange with the largest market capitalization. With such a strong performance, Nasdaq 100 stocks can be a powerful addition to a portfolio. A large number of investors are
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Social media traders on communities such as Reddit’s r/WallStreetBets have had an amazing 2021. All of Wall Street stopped what it was doing to watch the excitement in GameStop (NYSE:GME), BlackBerry (NYSE:BB) and other such meme stocks during their historic January short squeezes. After Robinhood (NASDAQ:HOOD) temporarily suspended trading in GME stock and other meme names, however,
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Can investing in stocks according to the U.N.’s ESG principles (environmental, social, governance) deliver value? Can such a strategy prove profitable according to investing principles promulgated by the likes of Ben Graham or Abby Joseph Cohen?  The world’s largest asset managers seem to think so. A rising percentage of assets under management are allocated using this socially conscious approach and individual
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In this article GSBD David Zalik, founder and CEO of GreenSky. Chris Hamilton | GreenSky Goldman Sachs is acquiring digital lender GreenSky for $2.24 billion as the investment bank pushes further into consumer finance. The all-stock deal for GreenSky, called the biggest fintech platform for home improvement loans in a release announcing the transaction, is
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