News & Comments

Saturday, November 12, 2011

Virgin Media Initiated A New $300M Capped Accelerated Stock Repurchase Program

From: FinancialNewsOnline | Nov 11, 2011

Virgin Media (NASDAQ:VMED) initiated a new $300 million capped accelerated stock repurchase program, following a recently completed $250 million capped accelerated stock repurchase program.

Virgin Media has potential upside of 44.2% based on a current price of $23.64 and an average consensus analyst price target of $34.09.

Virgin Media is currently below its 50-day moving average (MA) of $25.12 and below its 200-day MA of $27.39

Nova Gold Resources and AFLAC are Among the Companies With Heavy Call Option Volume

From: FinancialNewsOnline | Nov 11, 2011

Our options team has been watching Nova Gold Resources (AMEX:NG) call options which are currently trading at 49 times their average volume, after reporting positive initial exploration drilling in Northwest Alaska. AFLAC (NYSE:AFL) calls are also very active today, trading at 27.3 times their average volume.

Also lighting up the screens of options traders are Marathon Petroleum Corp. (NYSE:MRO) calls, trading at 11.6 times their average volume on news the company is going ex-dividend on November 14. NiSource (NYSE:NI) calls are not far behind at 8.9 times their average volume still riding their positive earnings report from last month. Finally, Cypress Semiconductor Corp. (NASDAQ:CY) calls close out the list at 8.1 times their average volume.

Barnes & Noble and Lowe's are Among the Companies With Heavy Put Option Volume

From: FinancialNewsOnline | Nov 11, 2011

Our options team has been watching Barnes & Noble (NYSE:BKS) put options, which are currently trading at 8.3 times their average volume, after news Liberty Media could be planning to buyout the rest of the company. Lowe's (NYSE:LOW) puts are also very active today trading at 6.2 times their normal volume, ahead of their quarterly earnings report on Monday.

Also lighting up the screens of options traders are Corning Inc.(NYSE:GLW) puts, trading at 6.1 times their average volume as investors prepare for the company to go ex-dividend on November 14. Molycorp (NYSE:MCP) puts are also very active today, trading at 5.1 times their average volume after a disappointing earnings report yesterday. Finally, DELL (NASDAQ:DELL) puts close out the list at 4.1 times their average volume ahead of its earnings report next week

Friday, November 11, 2011

Italy - Ambivalence over Berlusconi replacement / Italia - L'ambivalenza oltre la sostituzione di Berlusconi

Published on Nov 11, 2011 by Euronews

http://www.euronews.net/ The first-stage passing of a new financial stability law is a big step towards Italian prime minister Silvio Berlusconi's departure. The longest-serving post-war premier will see President Giorgio Napolitano to formerly resign once the legislation has successfully passed through parliament.

The Italian press is now focusing on his anticipated replacement Mario Monti, warning the celebrated economist to watch out for the traps in the great task ahead of him.

La prima fase di passaggio di una nuova legge di stabilità finanziaria è un grande passo verso la partenza, primo ministro italiano Silvio Berlusconi. Il più longevo del dopoguerra premier vedrà il presidente Giorgio Napolitano a dimettersi prima volta che la legislazione ha superato con successo attraverso il parlamento.

La stampa italiana si sta ora concentrando sulla sua sostituzione anticipata di Mario Monti, l'economista famoso avvertimento a cui fare attenzione alle trappole nel grande compito davanti a sé.