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.
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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.
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In trading on Tuesday, education & training services shares were relative leaders, up on the day by about 2.3%. Leading the group were shares of Apollo Group (APOL), up about 9.6% and shares of Strayer Education (STRA) up about 4.8% on the day.
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Adobe (ADBE) announced that it earned $0.60 per share for the second fiscal quarter of 2012, beating analyst estimates by one cent. The products segment increased by 5% to $1.12 billion beating estimates by $10 million, and the products segment increased by 5% to $871 million, subscriptions increased by 45% to $159.5 million, while services grew 12% to $93 million.
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The Daily Ticker’s Aaron Task and Henry Blodget talk to Douglas Hepworth about the fate of Europe.
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Stocks closed considerably lower after A resignation from Greece’s finance minister exacerbated the situation there. Spain’s official request to help its banking system sent stocks down worldwide.
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Boeing (BA) was upgraded today by Oppenheimer (OPY) from perform to outperform with a price target of $90 as the 787 program has begun to mature and should add to the bottom line in the coming months. Shares are lower by about 1.2 percent.
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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.
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In trading on Monday, agriculture & farm products shares were relative leaders, up on the day by about 0.8%. Leading the group were shares of Mgp Ingredients (MGPI), up about 7.2% and shares of Cvr Partners Limited (UAN) up about 1.8% on the day.
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The first trading day of the week has investors hoping that a European Union summit this week will help calm the escalating euro zone debt crisis. Good morning, this is Kristin Bianco with the Week Ahead Market Report for June 25, 2012.
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Cyprus becomes the fifth country to seek financial assistance from the EU and confusion reigns in Greece after the chosen finance minister tells the prime minister he will not take up his post for health reasons. Sonia Legg reports
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