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SolarCity Shares Up 20% As Rumors Of Musk Buyout Circulate
Thursday, March 3, 2016 - 3:45pm | 416Following unconfirmed market chatter that Tesla Motors Inc (NASDAQ: TSLA)'s Elon Musk will acquire SolarCity Corp (NASDAQ: SCTY), the latter's stock has risen 20 percent on the day. According to a Seeking Alpha release shortly after 1:45 p.m. EST, the possible move to take SolarCity...
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EXCLUSIVE: Customer For $30 Million China TechFaith Deal Was Nielsen Audio, New Document Shows
Thursday, March 3, 2016 - 12:59pm | 338Benzinga has heard that according to an obtained document from a JK Value analyst, the customer behind the China Techfaith Wireless Comm. Tech. Ltd (NASDAQ: CNTF) $30 million deal on January 25 was Nielsen Audio Inc. The owner, operator and developer of Chinese commercial real estate properties...
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Tesla Has Scaled Back Gigafactory Plans, Seeking Alpha Author Claims
Monday, February 29, 2016 - 2:50pm | 381Shares of Tesla Motors Inc (NASDAQ: TSLA) were trading higher by more than 2 percent on Monday, despite reports surfacing that the company has scaled back its Gigafactory plans. The reports could be attributed to a Seeking Alpha article published by an author operating under the pseudonym of "...
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MagneGas Has Identified Anonymous Short-Seller That Said Stock Is Overvalued By 90%
Friday, February 12, 2016 - 11:32am | 355MagneGas Corporation (NASDAQ: MNGA) announced on Friday it believes to have discovered the identity of an anonymous short seller that published an article on Seeking Alpha in December. The anonymous short seller, dubbed "The Pump Stopper," argued that MagneGas' stock is overvalued by more than 90...
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Anadarko Slashes Dividend, Shares Halted Before Potential Move Down
Tuesday, February 9, 2016 - 4:55pm | 523Anadarko Petroleum Corporation (NYSE: APC) trading halted mid-afternoon Tuesday ahead of a reduced dividends announcement. Following, a string of strong hints from executives earlier this year, the dividend cut is not surprising. The cut comes amid plunging oil prices and a subsequent yield...
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Auto Sales Roundup: Cold January Is No Competitor To Sales Figures
Tuesday, February 2, 2016 - 12:26pm | 639Global light-vehicle sales numbers are due out Tuesday, with Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM) and Fiat Chrysler Automobiles NV (NYSE: FCAU) numbers already in. Despite the frigid January felt nationwide, auto sales numbers coming in have been overwhelmingly...
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This Hedge Fund Manager's Worst Ideas For 2016 May Surprise You
Thursday, December 31, 2015 - 1:44pm | 562In a new piece for Seeking Alpha, hedge fund manager Chris DeMuth, Jr. wrote a tongue-in-cheek piece spelling out some popular trading ideas for 2016 that he believes are among the worst trades to make. Here’s a look at some of the ideas on his list. 1. Levered Long Market Exposure DeMuth...
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Peabody Energy Investors Take Profits; Negative Seeking Alpha Article Weighs
Monday, December 28, 2015 - 6:08pm | 159Shares of the beaten-up coal player Peabody Energy Corporation (NYSE: BTU) gave up a large chunk of last week's gains Monday. Peabody's stock price rose from around $7.44 at the close on December 21 to $9.62 on Christmas Eve, December 24. Most traders attributed the rebound from 52-week...
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MagneGas Responds To Seeking Alpha Article, Says It Contains 'Materially False And Misleading Information'
Monday, December 21, 2015 - 2:45pm | 171Shares of MagneGas Corporation (NASDAQ: MNGA) lost more than 30 percent early Monday afternoon after an anonymous author dubbed ‘The Pump Stopper' published a scathing report on Seeking Alpha earlier in the day. Related Link: MagneGas' Shares Tumble: Here's Why MagneGas...
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MagneGas' Shares Tumble: Here's Why
Monday, December 21, 2015 - 12:11pm | 144Shares of MagneGas Corporation (NASDAQ: MNGA), a small-cap alternative energy company, tumbled more than 18 percent Monday morning following a scathing report by The Pump Stopper' on Seeking Alpha. MagneGas' stock has gained around 150 percent since the start of 2015 and hit a 52-week...
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Tilson Covers Short Position In Lumber Liquidators; Hedge Fund Manager Says Company 'Isn't Evil'
Tuesday, December 15, 2015 - 10:21am | 968Shares of Lumber Liquidators Holdings Inc (NYSE: LL) were surging higher by more than 25 percent early Tuesday morning. Investors and traders reacted to a report by short-seller Whitney Tilson who confirmed he covered his position in the company. Tilson noted he had received information that...
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EXCLUSIVE: Citron Says United Development Funding Appears To Be 'Ponzi Scheme' After Anonymous Report Circulates Street
Thursday, December 10, 2015 - 5:01pm | 304United Development Funding IV (NASDAQ: UDF) shares crashed more than 40 percent on Thursday afternoon after Ponzi scheme allegations circulated Wall Street. Speaking with Benzinga, Citron Research's Andrew Left said the company appears to be a Ponzi. This follows a tweet Left made, saying...
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What Investors Need To Know About KeyBanc's Upgrade On Lexington Realty Trust
Thursday, June 18, 2015 - 10:47am | 772On June 17, KeyBanc Capital Markets analyst Craig Mailman published a research note and upgraded the shares of Lexington Realty Trust (NYSE: LXP) from Underweight to Sector Weight. Mr. Market's current valuation has resulted in this beaten down office/industrial REIT paying a dividend yield of 7.6...
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Lumber Liquidators Compliance Officer Quits
Wednesday, June 3, 2015 - 10:38am | 268Lumber Liquidators Holdings Inc (NYSE: LL) spiked slightly on Wednesday before falling back on news that its compliance officer Ray Cotton has quietly resigned. Lumber Liquidators appeared to gain about 3 percent on news of Cotton's departure, but traded recently at $21.98, down $0.03....
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Hedge Funds' 10 Most Shorted Stocks
Wednesday, May 27, 2015 - 12:05pm | 514A recent article in Seeking Alpha focused on the traditional role of some of Wall Street’s biggest players: hedge funds. In the six-year bull market that has taken the S&P 500 to new all-time highs, there has been little need for hedging or protection from a weak stock market. However...