VirnetX saw its twits rise more than 900% on Thursday as a Texas judge ordered Apple (AAPL) to “to provide updated sales data for certain accused and unaccused products, including the iPhone 5 by January 15, 2013.” read on...
Best Buy Co., Inc. (BBY) is up nearly 20% on word that founder Richard Schulze is ready to cough up "at least $5 billion to $6 billion" to take the big box electronics retailer private. According to Minnesota-based Star- Tribune says Schulze will submit an offer to the board before the Dec. 16 deadline. read on...
Insiders are buying at AK Steel Holding Corporation (AKS). Since November 22, 2012 five executives and directors bought 129,000 shares for a total of $666,862. In 2011, three of the same charters bought the stock in the neighborhood of $8 and then sold in January 2012 from $9.29 - $9.41. read on...
Yesterday, there was a surge of bullish activity in People's United Financial (PBCT) as buyers snapped up shares and calls in the name. The July 15 calls were the most active strike, doubling in value from $0.25 to $0.50 on volume of 6,495 contracts, while the August 15s traded 4,185 times for $0.35 to $0.65. Premiums climbed more than they should have based on their deltas, which confirm the strong buying pattern. Volume was more than triple the open interest in both strikes. read on...