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11 MINS AGO - TheStreet

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Cramer -- Investors Dislike Horizon Pharma Bid but Can Push Fitbit Higher

NEW YORK (TheStreet) -- A $3 billion, hostile takeover bid has pushed Depomed  shares up over 36% but Horizon Pharma's  shares are down 5% Tuesday. The offer represents a 42% premium to Depomed's closing price on Monday.  TheStreet's Jim Cramer said usually shares of acquiring and targeted companies move higher on M&A deals. However, "no one wants to see" a hostile bid, ...

Tags: Cramer -- Investors Dislike Horizon Pharma Bid but Can Push Fitbit Higher,  Apple Latest News

41 MINS AGO - Business Insider

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Morgan Stanley analyst: Apple can't ignore the auto market

Morgan Stanley lead auto analyst Adam Jonas appeared on Bloomberg TV on Tuesday. Matt Miller and Stephanie Ruhle peppered him with questions about the future of mobility, but it got interesting when Ruhle asked if Apple should use its vast pile of cash, which is closing in on $200 billion, to buy a car company. "Our opinion is that it's ...

Tags: Morgan Stanley analyst: Apple can't ignore the auto market,  Apple Latest News

41 MINS AGO - Business Insider

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Stocks are getting crushed (SPY, DJI, IXIC, USO, WTI, OIL, VDE, GLD, TSLA, SHAK, EUR, USD, TLT, GREK)

Stocks opened little changed but drifted lower in early trading on Tuesday. Near 10:37 a.m. ET, the Dow was down 144 points, the S&P 500 was down 16 points, and the Nasdaq was down 67 points. The S&P 500 fell into the red for the year. Stocks slipped into the close on Monday after Greek's voted a resounding "No" during the ...

Tags: Stocks are getting crushed (SPY, DJI, IXIC, USO, WTI, OIL, VDE, GLD, TSLA, SHAK, EUR, USD, TLT, GREK),  Apple Latest News

1 HOUR AGO - TheStreet

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1 HOUR AGO - TheStreet

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Quant Mode Strong on Healthcare, Biotech, Says Rx Premier Fund Manager

NEW YORK ( TheStreet) -- Healthcare and biotech stocks are very strong from a quantitative perspective while utilities are having problems powering ahead said Steven Wruble, portfolio manager for the Rx Premier Managers Fund. "Our equities are showing momentum within the S&P 500," said Wruble. "Utilities have probably the lowest momentum. Healthcare and biotech are very strong from a quant methodology. ...

Tags: Quant Mode Strong on Healthcare, Biotech, Says Rx Premier Fund Manager,  Apple Latest News