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CVS Health Corporation Snaps Up Omnicare Inc. For $10.4B

CVS Health Corporation Snaps Up Omnicare Inc. For $10.4B

CVS Health Corporation (CVS) agreed on Thursday to acquire pharmacy services provider Omnicare Inc. (OCR) for $10.4 billion to expand its footprint in serving the growing senior patient population. The deal, which is subject to regulatory approval, is scheduled to close near the end of the year. CVS offers $98 a share to acquire Omnicare CVS Health, the […]
The (Investment) World Is Changing And You Need To Get On Board

The (Investment) World Is Changing And You Need To Get On Board

Fast Company posted an article that looked at existing jobs that are likely to change dramatically or disappear altogether over the next ten years. Change happens of course often spurred along by technology and/or innovation. Capital markets are no different. Certain jobs don’t exist anymore or there are fewer of them (like exchange personnel) and new products […]
Dollar Tree’s Q1 Earnings And Sales Miss, Rises Y/Y

Dollar Tree’s Q1 Earnings And Sales Miss, Rises Y/Y

Dollar Tree Inc. (DLTR – Analyst Report), one of the leading operators of discount stores, came out with first-quarter fiscal 2015 results, wherein earnings of 71 cents per share surged 6% from the prior-year quarter. However, the company’s bottom line fell short of the Zacks Consensus Estimate of 74 cents. The company provided second-quarter fiscal 2015 earnings guidance […]
Fearless Thursday – Fiddling While Rome Burns

Fearless Thursday – Fiddling While Rome Burns

TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. This is just getting silly!   Look at the ridiculous and FAKE move up that began BEFORE the Fed announcement at 2pm that was completely reversed by 3pm with, as usual, twice as much down […]
40% Of Existing Home Sales At Or Above Asking Price, Highest On NAR Record

40% Of Existing Home Sales At Or Above Asking Price, Highest On NAR Record

Following the blockbuster housing starts and permits earlier this week, there was much hope that finally the NAR would confirm that the housing recovery was more than just another weather fabrication, and once again the dead cat has bounced, overtaking the sales high from last July. Alas, moments ago the NAR reported that after rising […]
Omnicare Inc. – All Time High

Omnicare Inc. – All Time High

The Chart of the Day belongs to Omnicare (NYSE:OCR). I found the stock by sorting today’s All Time High list for the stocks with the best technical buy signals then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy in 3/18 the stock gained 21.95%. Omnicare, Inc., a Fortune five hundred company based in Covington, […]
Apple Is Not Worth $240 A Share

Apple Is Not Worth $240 A Share

Carl Icahn is at it again. The activist shareholder has been pestering Apple (AAPL) management for years to increase its buyback program, stating that its shares are worth more than double what they are right now. Last October, Icahn wrote an open letter to CEO Tim Cook with a valuation showing that Apple stock is […]
The Truth Behind Many Of Wall Street’s “Winners”

The Truth Behind Many Of Wall Street’s “Winners”

I have a confession to make. I like betting against companies. I enjoy it! There’s nothing more thrilling to me professionally than catching a company’s management team with their hand in the cookie jar and watching the stock price implode when their shenanigans are exposed. But, just because I’m a short seller doesn’t mean I’m a “permabear.” […]
New Jobless Claims Rise By 10K, But 4-Week Moving Average Lowest Since April 15, 2000

New Jobless Claims Rise By 10K, But 4-Week Moving Average Lowest Since April 15, 2000

Here is the opening statement from the Department of Labor: In the week ending May 16, the advance figure for seasonally adjusted initial claims was 274,000, an increase of 10,000 from the previous week’s unrevised level of 264,000. The 4-week moving average was 266,250, a decrease of 5,500 from the previous week’s unrevised average of […]
Gold Finds Support But Lacks Momentum

Gold Finds Support But Lacks Momentum

Gold edged higher on Wednesday as the dollar pared its recent gains after minutes from the Fed’s last meeting showed policy makers believed June is probably too soon to start raising interest rates. “Many participants, however, thought it unlikely that the data available in June would provide sufficient confirmation that the conditions for raising the […]