Archive for Videos

Crude Inventory Spikes, Price Dives

Crude oil supplies went up by 9M barrels last week to 362.4M barrels according to Energy Department’s report today. That’s the biggest inventory gain since 2008 and US crude output reached the highest level in 12 years. Crude oil price took an immediate dive to its 6-week low, rounding off…

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James Murdoch To Step Down As Chairman Of BSkyB

An announcement from the United Kingdom this morning, James Murdoch is stepping down as Chairman of BSkyB, according to CNBC reports.This comes after the media executive stepped down as Chairman of News International on February 29th after facing criticism over the phone hacking scandal that brought down the News of…

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Fossil Acquires Skagen Designs

On Tuesday Fossil (NASDAQ:FOSL) officially announced that it closed on its cash-and-stock deal for rival Skagen, reports the Associated Press.Fossil plans to pay Skagen $231.7 million in cash and hand over 150,000 Fossil shares and in addition give Skagen the chance to receive another 100,000 shares, if it attains certain…

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Daily Dividend Report: MUR, IR, ETR, ROK, TJX

Murphy Oil Corporation (MUR) maintained its quarterly dividend of 27.5 cents per share, or $1.10 per share on an annualized basis, representing a yield of approximately 1.9%. The dividend is payable June1,2012 to holders of record May 16, 2012.

Wednesday 4/4 Insider Buying Report: PRSS, GRF

As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy — they expect to make money. So let’s look at two noteworthy recent insider buys.

Monsanto Reports Earnings; SanDisk Lowers Guidance

Monsanto (MON) announced that it earned $1.2 billion on revenue $4.7 billion for the quarter that ended on February 29. In the same period last year, the company earned $1 billion on revenue of $4.1 billion.

Urban Outfitters Shares Rise After Upgrade by Citigroup

Urban Outfitters (NASDAQ:URBN) shares rose 2.5% this morning after the company was upgraded from neutral to sell by Citigroup.Urban Outfitters is currently above its 50-day moving average (MA) of $28.10 and above its 200-day of $27.28.In the last five trading sessions, the 50-day MA has climbed 0.82% while the 200-day…

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Qualcomm To Pay Shareholders in June

Qualcomm (NASDAQ:QCOM) announced Tuesday that it will pay shareholders $0.25 per share on June 20, an increase from the prior pay out of 21.5 cents per share.In past years, Qualcomm has been gradually raising its dividend.QUALCOMM (NASDAQ:QCOM) has potential upside of 4.5% based on a current price of $68.42 and…

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Interview with David Pritchard Co-Founder and Principal of Aequitas Advisors

This is a companion discussion with the other co-founder of Aequitas Advisors David Pritchard. This is more of an explanation of what his company does in respect to the relationship between clients and investment banks

GlaxoSmithKline to Purchase 10 Million Shares of Theravance Inc.

GlaxoSmithKline (NYSE:GSK) announced Monday it plans to purchase 10 million shares of Theravance Inc (NASDAQ:THVRX). for $21.29 a share, an estimates $213 million.GlaxoSmithKline (NYSE:GSK) has potential upside of 14.8% based on a current price of $44.91 and an average consensus analyst price target of $51.56.GlaxoSmithKline is currently below its 50-day…

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