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Shares of General Electric Company (NYSE: GE) traded lower Wednesday despite increasing concerns about the economic impact of a second wave of COVID-19 infections nationwide.GE still has a long way to go in demonstrating it's back on the path for long-term cash flow and earnings growth. However, a flurry of large bullish option trades on Wednesday suggests there are some deep-pocketed investors who see significant upside for GE.The GE TradesOn Wednesday, Benzinga Pro subscribers received 44 option alerts related to unusually large GE option trades. Here are a handful of the largest: * At 9:55 a.m. ET, a trader sold 2,615 GE call options with a $10 strike price expiring on Jan. 15, 2021. The contracts were sold near the bid price at 35.9 cents and represented a $93,878 bearish bet. * Less than a minute later, a trader bought 2,665 GE call options with a $10 strike price expiring on...
Joe Gatto became the CEO of Callon Petroleum Company (NYSE:CPE) in 2017, and we think it's a good time to look at the......
Premier Manufacturing’s Saf-T-Latch pintle hitch will close automatically if a driver forgets to do the job manually. ...
(Bloomberg) -- Tracy Britt Cool, who worked for years under Berkshire Hathaway Inc.’s Warren Buffett, kicked off her new venture by taking an ownership stake in Thirty-One Gifts, a provider of luggage, handbags and other products for independent sellers.Kanbrick, the investment firm led by Britt Cool and co-founder Brian Humphrey, will become a partner and owner with Thirty-One Gifts founder Cindy Monroe, according to a statement Wednesday. Monroe maintains a role at the company, while yielding the chief executive officer job to Elizabeth Thibaudeau, who was CEO of Jamberry and is a former executive at Nu Skin Enterprises Inc. Terms of the deal weren’t disclosed.Britt Cool was a key deputy to Buffett at Berkshire and announced last year that she would leave to form her own business. Kanbrick, based in Chicago, aims to buy and build businesses to hold for the long term. Thirty-One Gifts, which Monroe started in 2003, sells...
As of Wednesday at noon, 76 stories of alleged racism had been shared on the anonymous account....
New weekly jobless claims and continuing claims are expected to decline yet again in the Labor Department’s report Thursday, even as a surge in US virus cases threatens the pace of the labor market’s recovery....
Higher taxes and tighter regulations are just part of the problem for stocks if there's a Democratic sweep in November....
