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Ctrip.com Stock Soaring On Skyscanner Acquisition
China-based online travel firm Ctrip.com announced on Thursday that it had agreed to purchase fellow travel website Skyscanner.
Eli Lilly Stock Suffers Setback With Alzheimer’s Drug Failure
On Wednesday, Eli Lilly stock tumbled by 10.51% after the company reported that its phase 3 Alzheimer’s trial failed to meet the primary endpoint of the study.
Lufthansa Stock Risks Crashing On Pilot Strike
German airline Lufthansa announced on Wednesday the mass cancellation of flights as its pilots’ union went on strike. The group is complaining about proposed cuts to its union and early retirement, while demanding pay increases in parallel.
Advanced Micro Devices, Inc. Stock On The Decline
Advanced Micro Devices, Inc. stock received an upgraded rating of late but the stock price has been trading lower on Wednesday 23 November 2016. The stock was performing bullishly in the pre-market trading session, as it rose 0.46%.
GameStop Stock: Seen Lower After Weak Forecast
GameStop stock rose slightly higher in after-hours trade on Tuesday after the company posted its third-quarter earnings report. It has posted earnings that beat on the earnings per share, but failed to overcome the average analysts’ revenue number.
Ocean Rig Stock: Finding It’s Way To The Green On OPEC News
Ocean Rig, like many others in the oil and energy space, had a rough start to the trading session today. Early on, the stock took a dive. However, as the day continued, we saw a quick change in direction, leading the stock to the green.
EUR/USD Pair Trends Towards Parity
This week, EUR sales are likely to calm as US markets prepare for Thanksgiving. There is no doubt that the EUR has been marching inexorably towards parity with the USD, and this movement will continue through the end of November and December.
NZD/USD Faces Potential Bounce As Steep Sell-off Shows Signs Of Slowing
Although little in the way of sentiment is expected to change this week considering the upcoming Thanksgiving holiday, a trend reversal for NZDUSD could very well be underway.
Eagle Bulk Shipping (EGLE) Stock: Continuing Down As Shipping Bubble Pops
Eagle Bulk Shipping is having an overwhelmingly rough day in the market today. This is something few would have expected following last week’s dramatic gains. Here's what we’re seeing from the stock...
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