- Business247wallst.com•5 hours agoGiant Biotech and Energy Insider Buys Highlight Wild Market Week: Chesapeake Energy, Cheniere Energy, Phillips 66 and More
Once again, the roller-coaster that is the stock market took investors on a wild ride, and this time is was mostly higher. A massive rally shot all the indexes higher and erased virtually all the earlier losses that had been racked up in September. One thing is for sure, the sell-offs that hit earlier in the month got some insiders interested in shares, and like the week before, they were out again in force last week. We cover insider buying each week at 24/7 Wall St., and we like to remind readers that while insider buying is usually a very positive sign, it is not in of itself a reason to run out and buy a stock. Sometimes insiders and 10% owners have stock purchase plans set up at intervals
- BusinessBusiness Insider•yesterday
America's largest supermarkets are slashing prices amid ongoing food-price deflation and growing pressure from the rapid expansion of discount-grocery chains like Aldi. The price cuts are squeezing profits and dragging down company shares. Kroger, Whole Foods, Sprouts Farmers Market, and Dollar General have seen their stock prices drop a collective 13% in the last three months.
- financeSeana Smith•6 hours ago
Major League Baseball (MLB) players no longer have an easy decision when it comes to deciding which bat to choose. Inside a woodshop in Norristown, Pennsylvania, David Chandler, the CEO of Chandler Bats, is a rising star in the bat maker industry. In its first year, the company received a MLB certificate