$AMZN Amazon Has Considered Buying Some Toys ‘R’ Us Stores, & More News | $ARNA, $FB, $CE, $KMPH, $AAPL, $OLED, $QRVO, $ROKU, $BA $LMT $EOG $AES

PRE-MARKET MOVERS

1. CRME:  $CRME Cipher to Acquire Canadian Business Portfolio of Cardiome Pharma – SI

2. ARNA:  $ARNA Arena Pharma Rockets Nearly 30% On Ulcerative Colitis Trial – IBD

3. KMPH:  $KMPH KemPharm reports “positive” results from PK study of ADHD candidate KP415 – SA

4. ELGX:  $ELGX Endologix: Positive Results from Global ENCORE Analysis w Polymer Endovascular Aneurysm Repair

5. FNJN, SYMC:  $FNJN Finjan Holdings Receives $65 Million Payment Due from Symantec $SYMC – SI

6. AMZN:  $AMZN Amazon Has Considered Buying Some Toys ‘R’ Us Stores – BBG

7. CSRA, GD:  $CSRA General Dynamics $GD & CSRA Amend Definitive Merger Agreement to Increase Offer Price to $41.25

8. COG, KKR:  $COG Venado Oil & Gas and KKR $KKR Acquire Cabot Eagle Ford Assets – BW

10. XNCR:  $XNCR Xencor Plans 5M Share Public Offering of Common Stock – SI

11. FB:  $FB How Facebook Made Its Cambridge Analytica Data Crisis Even Worse – BBG

12. CE:  $CE Celanese Corp. Says it’s Abandoning Merger Agreement with Blackstone’s Rhodia Acetow – SI

13. WG:  $WG Willbros Announces Preliminary 2017 Operating Results; Assessing Strategic Options – GN

14. APHB:  $APHB AmpliPhi Biosciences Announces Registered Direct Offering of Common Stock – SI

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EARNINGS

Educational Tip of the Day (SOURCE: NASDAQ.com):

Narrowing the spread: Reducing the difference between the bid and ask prices of a security

Narrow market: An inactive market, which displays large fluctuations in prices due to a low volume of trading.

Odd lot: A trading order for less than 100 shares of stock. 

Round lot: Trading order typically of 100 shares of a stock or some multiple of 100.

Odd-lot theory: Theory that profits can be made by making trades contrary to odd-lot trading patterns, since odd-lot investors have poor timing.

Odd-Lot Buy Back: An offer made by the corporation or its agent to purchase shares from odd-lot shareholders

Odd-lot dealer: A broker who combines odd lots of securities from multiple buy or sell orders into round lots and executes transactions in those round lots.

Odd-lot short-sale ratio: The percentage of total odd-lot sales that is composed of short sales.

Odd-Lot Resale: An offer made by the corporation or its agent to purchase shares from odd-lot shareholders and immediately resell them in the market, usually in round-lots to institutions, thus saving the corporation the expense of merely buying shares back.

Trending Social Alerts

Trending News Headlines

British privacy regulators are seeking a warrant to search the offices of the political consultancy Cambridge Analytica late Monday following reports that the company may have improperly gained access to data on 50 million Facebook users, according to a Channel 4 television report.

Facebook Inc. tried to get ahead of its latest media firestorm. Instead, it helped create one.

Amazon.com Inc. has looked at the possibility of expanding its retail footprint by acquiring some locations from bankrupt Toys “R” Us Inc., according to people with knowledge of the situation.

Most Android phones will have to wait until 2019 to duplicate the 3D sensing feature behind Apple’s Face ID security, three major parts producers have told Reuters, handicapping Samsung and others on a technology that is set to be worth billions in revenue over the next few years.

(Reuters Breakingviews) – Mark Zuckerberg has handed users one more reason to quit Facebook. Newspaper reports that a UK political consultancy used millions of user profiles creates fresh risks at the social network he founded. People are already spending less time on Facebook. The danger is that members may unfriend it altogether.