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GNC, Southern Copper And Others Insiders Have Been Buying

Courtesy of Benzinga.

Annaly Capital Management, GNC Holdings and Southern Copper are among the companies that have seen insider buying recently. Insiders may sell shares for any number of reasons, but conventional wisdom says that insiders really only buy shares of a company for one reason — they believe the stock price will rise, and they want to profit from it.

Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company to snap up shares.

AmTrust Financial Services

Last week, one director picked up 100,000 AmTrust Financial Services (NASDAQ: AFSI) shares at $43.33 a piece for a total price of more than $4.3 million. Note that earlier in the month, the New York-based insurer reported better than expected quarterly results.

AmTrust has a market capitalization of more than $3 billion and a dividend yield near 1.9 percent. The return on equity is more than 29 percent, but short interest is almost 29 percent of the total float. Shares have pulled back more than three percent in the past week and ended last week at $43.88.

Annaly Capital Management

The CEO bought almost 87,000 shares of Annaly Capital Management (NYSE: NLY) at a price of $11.52, for a total of around $1 million. Note that the chief legal officer bought more than 120,000 shares earlier in the month, in the wake of the most recent quarterly report.

The market cap of this New York-based real estate investment trust is around $11 billion, and the dividend yield is about 10.7 percent. The price-to-earnings (P/E) ratio is much less than the industry average. Shares closed Friday at $11.77, which is up around five percent since the beginning of the month.

Ariad Pharmaceuticals

A director recently scooped up 850,000 shares of Ariad Pharmaceuticals (NASDAQ: ARIA) for about $5.83 per share, not long after the company posted a wider-than-expected net loss for the most recent quarter. The transaction was worth more than $4.9 million.

The market cap of this oncology-focused biotech is about $1 billion.…
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Benzinga’s M&A Chatter for Thursday August 14, 2014

Courtesy of Benzinga.

The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday August 14, 2014:

Heartland Payment Systems Acquires Leaf

The Deal:
Heartland Payment Systems (NYSE: HPY) announced Thursday, that it acquired Leaf, which created a POS tablet specifically designed for commerce. Terms of the deal were not disclosed.

Heartland Payment Systems shares closed Thursday at $47.17, a gain of $0.01%.

OmniVision Receives Non Binding Proposal for $29/Share

The Offer:
OmniVision Technologies (NASDAQ: OVTI) announced Thursday, that its board of directors has received a non-binding proposal in a letter dated August 12, 2014 from Hua Capital Management, indicating that a group of investors led by HCM proposes to acquire all of the outstanding shares of common stock of OmniVision for $29.00 per share in cash. HCM is headed by Dr. Xisheng Zhang of Hua Capital Management, whose previous company, Accelicon was acquired by Agilent in 2011.

OmniVision’s board of directors is reviewing HCM’s proposal.

OmniVision Technologies closed at $28.29 Thursday, a gain of 15%.

Report Shutterfly Receiving Competing Bids from PE Firms

Shares of Shutterfly (NASDAQ: SFLY) surged higher Thursday, on a report from The Deal that the company is receiving competing bids from private equity companies. The deal reportedly will close this year.

The Rumor:Bloomberg reported on July 2, that Shutterfly had hired Qatalyst to handle a potential sale. Deal Reporter said on July 30, that Yahoo (NASDAQ: YHOO), Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT) and Hewlett-Packard (NYSE: HPQ) were looking at Shutterfly as a potential takeover target.

Shutterfly closed Thursday at $49.67, a gain of more than 4%.

Coca-Cola Acquires 16.7% Equity Stake in Monster Beverage for $2.15B

The Deal:
The Coca-Cola Company (NYSE: KO) and Monster Beverage (NASDAQ: MNST) announced Thursday that they have entered into agreements for a long-term strategic partnership, under which Coca-Cola will acquire an approximately 16.7% stake in Monster for $2.15 billion. Coke will have two directors on Monster’s Board and will become Monster’s preferred distribution partner globally.

The deal is expected to close in late 2014 or early 2015.

Benzinga reported back in 2012, that Coca-Cola might be planning a takeover of the energy drink company.

Monster Beverage closed Thursday at $71.65, and traded as high as $97.48 after-hours on the news. Coca-Cola ended the regular session at $40.18 and traded as high as $40.82 after-hours.

Posted-In: News Rumors Management Insider Trades M&A Movers





Criteo Speculation Sparks Shares In Automated Marketing Sector

Courtesy of Benzinga.

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Criteo SA's (NASDAQ: CRTO) big move in the market Friday on merger speculation sparked investor interest in shares of at least three other digital marketing companies.

Criteo jumped more than 18 percent on a report that the French multinational advertising and public relations agency Publicis Groupe SA was mulling a bid on Paris-based Criteo.

There are few other "meaningful" acquisitions possible in this market, where Criteo is one of the "very best and largest" players, BNP Paribas analyst Charles Bedouelle told Reuters Friday.

The digital advertising company TubeMogul (NASDAQ: TUBE) extended a rally Friday that began Wednesday after it posted second-quarter revenue growth of 127 percent and beat Street views.

TubeMogul traded up more than eight percent Friday to $13.95 a share.

Rocket Fuel (NASDAQ: FUEL), which provides software for automated ad buys, gained two percent Friday to $16.01 a share.

Automated marketing and customer relations company Marketo (NASDAQ: MKTO) gained 1.5 percent to $27.17.

Salesforce.com (NYSE: CRM), which provides automated marketing and analysis, rose 1.5 percent to $29.17.

Posted-In: Analyst Color News Rumors M&A Intraday Update Analyst Ratings





RadioShack Extends Big Rally; BB&T Skeptical

Courtesy of Benzinga.

Related RSH
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Midday Gainers From Wednesday, August 27
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RadioShack (NYSE: RSH) extended its major rally Friday with shares up more than 140 percent since reports surfaced that a major shareholder was mulling whether to offer bailout financing.

But BB&T's Anthony Chukumba said the move would only "delay RadioShack's ultimate demise.

Fixing RadioShacks financing would still leave it faced with slowdown in wireless business as well as increased competition, Chukumba said in a note Friday.

RadioShack's 10 percent holder Standard General is working with management on a plan that would avoid a Chapter 11 Bankruptcy filing, according to multiple reports.

Standard General owns a 44 percent stake in another troubled retailer, American Apparel (NYSE: APP), to which it recently promised $25 million of support and pushed it to restructure its board of directors.

RadioShack burned through $48 million in the most recent quarter; the company has only $62 million of cash on hand. The investment bank B. Riley last month cut its price target on RadioShack to zero.

Star General also reportedly wants refinance RadioShack's $250 million second-lien term loan, which is held by Salus Capital Partners and Cerberus Capital Management.

Those creditors helped to block RadioShack's plan earlier this year to close more than 1,000 of its stores. RadioShack has settled on shuttering a more modest 200 stores.

Bondholders separately are assessing their options with financial adviser Houlihan Lokey to assess their options, according to the Dallas Star Telegram.

Posted-In: Anthony Chukumba BB&TAnalyst Color News Rumors Financing Intraday Update





Atmel May Be Target Of Takeover After CSR Plc. Interest According To Needham

Courtesy of Benzinga.

Related ATML
Atmel Matches Q2 Earnings Estimates, Revenues Rise Y/Y
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CSR Plc. Rejected A Bid From Microchip Technology

Posted-In: News Rumors M&A





Wells Fargo Warns Further Falls Ahead For Macau Casino Stocks

Courtesy of Benzinga.

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Shares with exposure to the ailing Macau casino industry won't hit bottom until Wall Street's 2015 estimates see further cuts, an analyst said Friday.

Wells Fargo analyst Cameron McKnight believes Wall Street's 2015 consensus for the sector is currently too high by as much as 10 percent. Investors will witness multiple estimate cuts "before stocks bottom out" later this year, McKnight said in a note Friday, when shares in the sector were generally down.

McKnight now expects total August gambling revenue in Macau to register “negative single digit growth.” Official data for the month are set for release Monday, a holiday for U.S. markets.

Related Link: Vegas Strip Revenue Up 4.8%, But Fails To Boost Casino Stocks

With Macau growth slowing in July and few signs of improvements in August "trends have turned from 'choppy' to 'rocky'," McKnight said.

Macau, the world's largest gambling center, is the only place in China where casinos are legal.

McKnight believes revenues have declined lately in the face of that country's economic slowdown, as well as a crackdown on corruption that has so far resulted in the reported arrest of more than 60,000.

McKnight said investors have yet to focus on a plan by Macau authorities to impose a smoking ban starting October 6 on Macau's mass-market gaming floors.

High-end private VIP gaming rooms are exempt, but China's smoking rate is nearly 70 percent higher than the United States.

Nonetheless McKnight maintains Outperform ratings on Las Vegas Sands (NYSE: LVS), Melco Crown Entertainment (NASDAQ: MPEL) and Wynn Resorts (NASDAQ: WYNN) citing long-term prospects and current cash flow.

In Friday afternoon trading, Wynn was down 1.2 percent, Las Vegas Sands and MGM fell 2 percent, while Melco was off 1.7 percent.

Posted-In: Cameron McKnight Wells FargoAnalyst Color Rumors Reiteration Analyst Ratings Best of Benzinga





NXP To Supply Apple With Mobile Payment Chips

Courtesy of Benzinga.

Related NXPI
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NXP Semiconductors NV (NASDAQ: NXPI) gained three percent in pre-market trading Friday on a report it's providing wireless chips to the Apple (NASDAQ: AAPL) iPhone 6, enabling a mobile payment system.

The Netherlands-based semiconductor company makes so-called Near Field Communications chips that smartphones use to communicate with merchants' point-of-sale transaction terminals and other near-by devices.

Financial Times reported Thursday that NXP is a supplier of the devices for Apple's latest phone, expected to launch September 9. The publication cited unnamed sources and said both companies declined comment.

WIred Magazine reported Thursday that the phones will include the chips but didn't mention suppliers.

Re/code's John Paczowski quipped, "No, it won't be called PayPhone."

NXP changed hands in pre-market trading recently at $ 69.07, up 3.15 percent.

Posted-In: iPhoneNews Rumors Pre-Market Outlook Tech





Shares Of Criteo Up Sharply On Rumors Of Publicis Interest

Courtesy of Benzinga.

Related CRTO
Market Wrap For Friday, August 29: Gas Prices Lower Into Holiday Weekend Despite Crude Rally
Criteo Speculation Sparks Shares In Automated Marketing Sector

Shares of Criteo (NASDAQ: CRTO) were up nearly 20 percent Friday morning following a report from Les Echos that Publicis, a French advertising and PR firm, could be looking to restart talks aimed at acquiring Criteo.

Shares of Criteo were last trading at $36.50, up 19.88 percent.

Posted-In: News Rumors





Apple Electronic Payments Entry Called A ‘Game Changer’

Courtesy of Benzinga.

Related AAPL
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Apple (NASDAQ: AAPL) is poised to launch an electronic payments mobile payment platform as part of its latest iPhone expected September 9, an analyst said Thursday.

Deutsche Bank's Brian Keane called the move "a potential game changer" that could put the squeeze on eBay's (NASDAQ: EBAY) PayPal as well as Amazon's (NASDAQ: AMZN) service called Pay with Amazon.

Keane thinks Apple's system will rely on app software and obviate the need for near-field communication chips that are included in most Android-based smart phones but have so far generally gone unused.

The chips are intended to communicate with merchant devices in a function similar to a card swipe.

"It could eliminate traditional point-of-sale terminals," many of which are manufactured by VeriFone Systems (NYSE: PAY), Keane said.

It could also reduce the role of so-called acquirers — who serve as middle-men between merchants and credit card issuers — to a "commodity service," Keane said, suggesting that Global Payments (NYSE: GPN) could see business at risk.

Issuers like Mastercard (NYSE: MA) and Visa (NYSE: V) may benefit as Apple may not pursue "direct connectivity" to consumers' bank accounts given hurdles of customer acceptance and risks of fraud and bad credit.

Posted-In: Brian Keane Deutsche BankAnalyst Color News Rumors Analyst Ratings Best of Benzinga





Google Making Delivery Drones, Reports Atlantic Monthly

Courtesy of Benzinga.

Google (NASDAQ: GOOGL) has been secretly developing delivery drones for the past two years, under the name “Project Wing”, according to Atlantic Monthly. The initial design is a hybrid of a plane and helicopter that can takes off vertically.

View full article http://www.theatlantic.com/technology/archive/2014/08/inside-googles-sec…

Posted-In: News Rumors Tech





 

Help One Of Our Own PSW Members

"Hello PSW Members –

This is a non-trading topic, but I wanted to post it during trading hours so as many eyes can see it as possible.  Feel free to contact me directly at jennifersurovy@yahoo.com with any questions.

Last fall there was some discussion on the PSW board regarding setting up a YouCaring donation page for a PSW member, Shadowfax. Since then, we have been looking into ways to help get him additional medical services and to pay down his medical debts.  After following those leads, we are ready to move ahead with the YouCaring site. (Link is posted below.)  Any help you can give will be greatly appreciated; not only to help aid in his medical bill debt, but to also show what a great community this group is.

http://www.youcaring.com/medical-fundraiser/help-get-shadowfax-out-from-the-darkness-of-medical-bills-/126743

Thank you for you time!

 
 

Phil's Favorites

Markets signaling return of economic weakness in China

Markets signaling return of economic weakness in China

Courtesy of SoberLook.com

In addition to property market challenges and the unexpected slowdown in manufacturing expansion, we continue to see markets signaling a significant loss of momentum in China's economic growth. Earlier in the year the country's economic trajectory was quite uncertain. This was followed by a strong pickup in manufacturing activity early this summer and economists suggested that the worst is over. But it seems that China is once again facing significant headwinds.

...

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Zero Hedge

French President Says "There Is Risk Of War" As Europe Plans Additional Russia Sanctions

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

For months Europe had thought that mere verbal (and hollow) threats, populist posturing and propaganda would be enough to force Russia's Putin to back off and withdraw from the endless Ukraine escalation, into a Kremlin cocoon with his tail between his legs. What they didn't anticipate was that Putin would in no way back down (as that would be seen as defeat and weakness by his numerous internal foes), nor would have have to: with Russia providing a third of European gas and with winter approaching, Russia had all the trumps cards from day one. Furthermore, as a result of escalating trade wars it is not Russia's economy that is hurting but Europe, which is on the verge of a histo...



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Chart School

Moving Averages: Month-End Update

Courtesy of Doug Short.

Valid until the market close on September 30, 2014

The S&P 500 closed July with a monthly gain of 3.77%. All three S&P 500 MAs and four of the five the Ivy Portfolio ETF MAs are signaling "Invested".

The Ivy Portfolio

The table below shows the current 10-month simple moving average (SMA) signal for each of the five ETFs featured in The Ivy Portfolio. I've also included a table of 12-month SMAs for the same ETFs for this popular alternative strategy.

For a facinating analysis of the Ivy Portfolio strategy, see this article by Adam Butler, Mike Philbrick and Rodrigo Gordillo:



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Option Review

Puts Active On Buffalo Wild Wings

Buffalo Wild Wings Inc. (Ticker: BWLD) shares are in positive territory in early-afternoon trading on Thursday, reversing earlier losses to stand up 0.50% on the session at $148.50 as of 12:15 pm ET. Options volume on the restaurant chain is running approximately three times the daily average level due to heavy put activity in the October expiry contracts. It looks like one or more traders are buying the Oct 140/145 put spread at a net premium of roughly $1.45 per contract. As of the time of this writing, the spread has traded approximately 3,000 times against very little open interest at either striking price. The put spread may be a hedge to protect a long stock position against a roughly 6% pullback in the price of the underlying through October expiration, or an outright bearish play anticipating a dip in BWLD shares in the next couple of months. The spread makes money at expiration if shares in BWLD decline 3.3% from the current price of $148.50 to breach the breakeven point...



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All About Trends

Mid-Day Update

Reminder: David is available to chat with Members, comments are found below each post.

Click here for the full report.




To learn more, sign up for David's free newsletter and receive the free report from All About Trends - "How To Outperform 90% Of Wall Street With Just $500 A Week." Tell David PSW sent you. - Ilene...

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Sabrient

Six Companies Push Tax Rules Most

Reminder: Sabrient is available to chat with Members, comments are found below each post.

Courtesy of Sabrient Systems and Gradient Analytics

Gradient Senior Analyst Nicholas Yee reports on six companies that are using a variety of techniques to shift pretax profits to lower-tax areas. Featured in this USA Today, article, the companies include CELG, ALTR, VMW, NVDA, LRCX, and SNPS.

Six Companies Push Tax Rules Most

Excerpt:

Nobody likes to pay taxes. But some companies are taking cutting their tax bil...



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Digital Currencies

Disgraced Mt Gox CEO Goes For Second Try With Web-Hosting Service (And No, Bitcoin Not Accepted)

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Mt Gox may be long gone in the annals of bankruptcy, but its founder refuses to go gentle into that insolvent night. And, as CoinDesk reports, the disgraced former CEO of the one-time premier bitcoin trading platform has decided to give it a second try by launching new web hosting service called Forever.net and is registered under both Karpeles’ name and that of Tibanne, the parent company of Mt Gox.

From the company profile:

“TIBANNE Co.Ltd. ...



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OpTrader

Swing trading portfolio - week of August 25th, 2014

Reminder: OpTrader is available to chat with Members, comments are found below each post.

 

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...



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Stock World Weekly

Stock World Weekly

Newsletter writers are available to chat with Members regarding topics presented in SWW, comments are found below each post.

The latest issue of our weekly newsletter is available now. Click on Stock World Weekly and sign in with your user name and password. (Or take a free trial!)

#120692880 / gettyimages.com

 

...

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Market Shadows

Helen Davis Chaitman Reviews In Bed with Wall Street.

Author Helen Davis Chaitman is a nationally recognized litigator with a diverse trial practice in the areas of lender liability, bankruptcy, bank fraud, RICO, professional malpractice, trusts and estates, and white collar defense. In 1995, Ms. Chaitman was named one of the nation's top ten litigators by the National Law Journal for a jury verdict she obtained in an accountants' malpractice case. Ms. Chaitman is the author of The Law of Lender Liability (Warren, Gorham & Lamont 1990)... Since early 2009, Ms. Chaitman has been an outspoken advocate for investors in Bernard L. Madoff Investment Securities LLC (more here).

Helen Davis Chaitman Reviews In Bed with Wall Street. 

By Helen Davis Chaitman   

I confess: Larry D...



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Pharmboy

Biotechs & Bubbles

Reminder: Pharmboy is available to chat with Members, comments are found below each post.

Well PSW Subscribers....I am still here, barely.  From my last post a few months ago to now, nothing has changed much, but there are a few bargins out there that as investors, should be put on the watch list (again) and if so desired....buy a small amount.

First, the media is on a tear against biotechs/pharma, ripping companies for their drug prices.  Gilead's HepC drug, Sovaldi, is priced at $84K for the 12-week treatment.  Pundits were screaming bloody murder that it was a total rip off, but when one investigates the other drugs out there, and the consequences of not taking Sovaldi vs. another drug combinations, then things become clearer.  For instance, Olysio (JNJ) is about $66,000 for a 12-week treatment, but is approved for fewer types of patients AND...



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Promotions

See Live Demo Of This Google-Like Trade Algorithm

I just wanted to be sure you saw this.  There’s a ‘live’ training webinar this Thursday, March 27th at Noon or 9:00 pm ET.

If GOOGLE, the NSA, and Steve Jobs all got together in a room with the task of building a tremendously accurate trading algorithm… it wouldn’t just be any ordinary system… it’d be the greatest trading algorithm in the world.

Well, I hate to break it to you though… they never got around to building it, but my friends at Market Tamer did.

Follow this link to register for their training webinar where they’ll demonstrate the tested and proven Algorithm powered by the same technological principles that have made GOOGLE the #1 search engine on the planet!

And get this…had you done nothing b...



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About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

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