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Micron remains a hot buy on attractive valuations
On March 13th, we had written an article on the efforts taken by the semiconductor chip manufacturer Micron Technology Inc. (NASDAQ: MU) to increase its market share. Additionally, we had also mentioned our intention to invest in a call option
Read MoreWalt Disney acquires full control of Disneyland Paris
Taking into account the lackluster media segment revenue in the second-quarter of fiscal 2017, we had conveyed our interest to purchase a put option in the stock of Walt Disney (NYSE: DIS) on May 15th . The stock, which was
Read MoreIsrael To Ban Binary Operators Targeting Overseas Customers
The Israeli government is pushing through a bill that will ban the highly controversial binary options industry that’s been accused of engaging in fraudulent and misleading transactions. Binary options are instruments by which a customer bets on whether the value
Read MoreLukoil beats Q1 2017 profit view, cuts production in Iraq
Last week, Russia’s second-largest oil producer, Lukoil (LUKOY, LKOD.LS) reported better than anticipated fiscal 2017 first-quarter earnings, compared to last year. The revenue in the March 2017 quarter grew 21.7% on y-o-y basis. However, the stock has not reacted positively
Read MoreTeva turns bullish on FDA’s approval for Atomoxetine
Israel-based Teva Pharmaceutical Industries Ltd (NYSE: TEVA) reported non-GAAP net income of $1.08 billion, or $1.06 per share, on revenues of $5.630 billion in the fiscal 2017 first-quarter. This compares with a non-GAAP net income of $1.17 billion, or $1.20
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