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Teekay Co. (NYSE:TK – Get Rating) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.99 and traded as high as $5.65. Teekay shares last traded at $5.50, with a volume of 758,910 shares trading hands. Wall Street Analysts Forecast Growth Separately, StockNews.com began coverage […]
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Hindenburg Research said on Tuesday it has a short position in activist investor Carl Icahn-controlled energy-to-pharma conglomerate Icahn Enterprises , making it the latest in a string of recent high-profile targets of the U.S. short seller.
Shares of SoftBank Group Corp. rose after the Japanese company’s semiconductor design unit, Arm Ltd., filed an application with regulators for an initial public offering.
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The U.S. will not block a court auction of shares in oil refiner Citgo Petroleum Corp's (PDVSAC.UL) parent, Justice Department officials told a federal court, paving the way for a potential seizure by creditors of Venezuela's most-prized foreign asset.
First Republic Bank plunged to a record low as investors sorted through rescue scenarios, none of which is likely to be good for current shareholders.