Author Archives: Scalper1

Relypsa Stock Jumps On Buyout Rumors

Biotech Relypsa (RLYP) soared in afternoon trading Friday as reports spread that it was nearing a sale. Shortly before noon, Street Insider quoted an anonymous source saying that Merck (MRK) was about to make an offer for Relypsa for an unknown price. About an hour and a half later, the Financial Times reported that its own anonymous source said that Relypsa was merely starting the process without a particular buyer, though GlaxoSmithKline (GSK)

Amazon.com Putting Its Own Truck Trailers On The Road

Amazon.com (AMZN) said on Friday that it’s putting thousands of branded trucks on the road in another move to ramp up its capacity to move goods around the U.S. Amazon is using the trailers, which the e-commerce leader’s existing trucking partners will drive, to ensure that the firm has enough shipping capacity to move products on time as business in North America continues to boom. Not intended for delivering goods to customers, the trailers will

How Bill Gates' Tenacity, Luck Helped His Success

I recently read the book “Hard Drive” by James Wallace and Jim Erickson. The book is about the life of Bill Gates ( Trades , Portfolio ) and how he co founded the largest software company, Microsoft (