Month: November 2012

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.

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 one noteworthy recent insider buy.

In trading on Tuesday, general contractors & builders shares were relative leaders, up on the day by about 1.3%. Leading the group were shares of Hovnanian Enterprises (HOV), up about 3.6% and shares of Mdc Holdings (MDC) up about 2.6% on the day.

Finance ministers met to thrash out the terms of centralised banking in the EU but issues over the ECB as supervisor, and regulations, mean the discussions will continue. Joanne Nicholson reports

Demonstrators clashed with riot police in Naples, Italy during a protest against the country’s labor minister on Monday. The official, Elsa Fornero, is the signatory of the pension reform that raised Italy’s retirement age.

Congress returns Tuesday to a crowded agenda of unfinished business overshadowed by the urgent need for President Barack Obama and lawmakers to avert the economic double hit of tax increases and automatic spending cuts.

Stocks gained modestly on bargain hunting following last week’s post election slide. One of those apparent bargains was BB&T (BBT), which was upgraded by Bank of America/Merrill Lynch.

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.

Arch Coal (ACI) was upgraded by BMO (BMO) due to improving met coal fundamentals. A market perform rating was issued with an $8 price target.

The Daily Ticker’s Aaron Task interviews David Anderson about smartphone theft