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Last Week's Notable Insider Buys: Beacon Roofing Supply, Cricut, Crown Castle And More
Sunday, August 1, 2021 - 2:24pm | 867Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs. A couple of infrastructure-related companies attracted some notable insider buying last week. Beneficial owners were in the spotlight again, as earnings season means buy windows...
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The Past Week's Notable Insider Buys: Biotech IPOs, Curiositystream, Greenbrier And More
Saturday, February 13, 2021 - 1:54pm | 959Insider buying can be an encouraging signal for potential investors, especially when markets face uncertainty. Some insiders have taken advantage of recent biotech initial public offerings. Some chief executives also stepped up to the buy window this past week. Conventional wisdom says that...
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Barron's Picks And Pans: AT&T, GE, Zynga And More
Sunday, November 1, 2020 - 10:56am | 1151This weekend's Barron's examines why the merger frenzy among chipmakers has not impressed investors. Other featured articles discuss stock picks for any presidential outcome, how health insurers perform after elections, and the good, bad and odd of big tech earnings. Also, the...
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KeyBanc Cautions Against Buying The Dip In Electronic Arts
Monday, October 29, 2018 - 8:26am | 420Investors looking to buy the dip in Electronic Arts Inc. (NASDAQ: EA) may want to reconsider given a low visibility moving forward, according to KeyBanc. The Analyst KeyBanc Capital Markets' Evan Wingren downgraded Electronic Arts from Overweight to Sector Weight with no assigned price target (...
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The Force Is Weak With Electronic Arts As 'Star Wars' Game Delayed
Wednesday, October 18, 2017 - 4:26pm | 568The good news: there’s a new vision for Electronic Arts Inc. (NASDAQ: EA)’s untitled “Star Wars” game, and it’s better than the last. The bad news: there’s a delay in play. EA announced Wednesday that its Visceral studios, which had been working in tandem with...
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Barron's Picks And Pans: Caterpillar, NextEra, Chipotle And More
Monday, May 1, 2017 - 7:32am | 657This weekend's Barron's cover story takes a look at one iconic industrial that may be well positioned for a Trump bump. Other featured articles offer the prospects for stocks that could benefit from tax reform and a personal care company that is a potential takeover target. The...
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CVS The Likely Winner If Anthem Is Moving On From Express Scripts
Tuesday, April 25, 2017 - 11:26am | 476Express Scripts Holding Company (NASDAQ: ESRX)'s earnings report was dominated by a concerning disclosure that it expects lose its largest customer, Anthem Inc (NYSE: ANTM). Anthem alleged that it is being overcharged by billions of dollars and is not expected to renew the contract, which expires...
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Earnings Expectations For Cigna Are Low, Deutsche Bank Sees Upside Potential
Thursday, April 6, 2017 - 4:01pm | 370Chris Rigg of Deutsche Bank initiated coverage of CIGNA Corporation (NYSE: CI) with a Buy rating and $172 price target, partly due to the Street's low expectations which creates the scenario for upside revisions. According to Rigg, Cigna is a standout in the sector as it tailors its commercial...
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Deutsche Initiates Coverage On Health Stocks As National Health Insurance Debate Rages On
Wednesday, April 5, 2017 - 2:48pm | 787Deutsche Bank initiated coverage on eight companies in the managed care sector, saying it has a constructive view on industry fundamentals, most notably the long-term growth projected for the Medicare Advantage and Medicaid managed care segments. The commercial segment trends have been volatile in...
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Express Scripts Downgraded On Fear It Could Lose Anthem Contract
Wednesday, March 15, 2017 - 4:35pm | 372Express Scripts Holding Company (NASDAQ: ESRX) shares fell following news that Sen. Ron Wyden proposed legislation requiring drug middlemen from disclosing secret discounts they receive from manufacturers. The company did express to Benzinga it's working with Sen. Wyden, acknowledging the risks...
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Another One Bites The Dust: Anthem-Cigna Deal Blocked
Thursday, February 9, 2017 - 11:07am | 405The $54 billion proposed merger between Anthem Inc (NYSE: ANTM) and CIGNA Corporation (NYSE: CI) was officially shot down Wednesday. The U.S. District Court for the District of Columbia issued an order enjoining the proposed merger, which would have created the largest U.S. health insurer based on...
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Barron's Sees Dow At 30,000
Sunday, January 29, 2017 - 5:31pm | 570The Dow Jones Industrial Average hitting 20,000 was no fluke, according to the latest Barron's cover story, as current stock prices are well supported by corporate earnings and economic growth. Unless the new administration stumbles into a trade war, the Dow could overtake the 30,000...
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Sarepta Shares Fall After Anthem Blue Cross Finds Issue With Eteplirsen
Friday, October 7, 2016 - 11:23am | 356Shares of Sarepta Therapeutics Inc (NASDAQ: SRPT) fell about 5 percent Friday after Anthem Blue Cross said the clinical benefit of treatment for DMD (Duchenne Muscular Dystrophy) with the company's eteplirsen (Exondys 51), including improved motor function, has "not been demonstrated....
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Biotech In The Earnings Spotlight: Amgen, Celgene, Gilead Sciences
Sunday, July 24, 2016 - 4:03pm | 873Three leading biotech companies will step into the earnings spotlight this week. Consensus forecasts from Wall Street analysts call for earnings growth from just two of them. And only one of them has topped estimates by double-digits in recent quarters. While the biotechnology industry has had a...
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Exxon Mobile Elects Angela Braly To Its Board
Wednesday, May 25, 2016 - 3:00pm | 173Exxon Mobil Corporation (NYSE: XOM) revealed that its shareholders elected Angela Braly to its board. According to the company, Braly is the former chairman, president and CEO of health insurance company WellPoint, which is now called as Anthem. The oil company said that with the election of Braly...