Author Archives: Scalper1

Amazon Halts Losing Streak On Globe Wins, HBO Talk

Amazon (AMZN) battled back from midday weakness to end a seven-session losing streak in the stock market today as the e-commerce giant’s streaming video service impressed at Sunday night’s Golden Globe awards. Amazon’s original “Mozart in the Jungle” won best comedy TV series and best actor in a comedy TV series. Netflix (NFLX) received eight nominations but no awards, while Hulu, which is co-owned by Disney (DIS), Fox (FOXA) and Comcast (CMCSA),

Baxalta Board Finally Accepts Shire’s Takeover Offer

After six months or so of talks, Big Pharmas Shire and Baxalta early Monday announced a merger, valued near $32 billion, that they said would create the No. 1 company in drugs to treat rare diseases. Ireland-based Shire (SHPG) will pay Baxalta (BXLT) shareholders $18 in cash and 0.1482 of a Shire ADS (American Depositary Share) per share owned. They said that comes to $45.57 per Baxalta share, based on Friday’s closing price. But

Don't Be Afraid to Buy Stocks at Record Highs

Many investors tend to stay away from stocks that are rising fast, especially if they’re trading near all time highs. However, just because a stock is at record levels doesn’t mean it’s necessarily overvalued from