OptionsHouse

Options Trading News

February 13, 2013  Wed 7:30 AM CT

CMCSA: SEE CHART GET CHAIN FIND STRATEGIES

Secures Control of Media Empire

Comcast announced it would buy the 49 percent of NBC Universal it didn't already own from General Electric, in a deal valued at $16.7 billion. That has CMCSA higher by 8 percent and GE up almost 3 percent before the bell on my tradeMONSTER platform.

Sterne Agee Thinks Groupon Is Too Cheap

Groupon was upgraded to "neutral" from "buy" at Sterne Agee, with a $9 price target. GRPN, which closed at $5.29 yesterday, climbs 7 percent in early trading.

Bankrate Plunges on Weak Results

Bankrate earned just $0.06 a share in the fourth quarter on revenue of $93 million. Analysts had expected $0.11 and $106.3 million, respectively. RATE is getting hammered, with a drop of almost 20 percent in the premarket.

Share this article with your friends


Related Stories

CMCSA

Short-term calls look for pop in Comcast

April 28, 2016

The cable giant is trading higher after announcing plans to acquire DreamWorks in a $3.8 billion deal, and traders are looking for more gains by the end of next week.

OptionsHouse

Premium Services

Education & Strategy

Timing the Trade

Both break outs and a break downs need to have a couple things happen before it is considered a confirmed break out or break down by technical definition!  The only problem is that in today's market where things move much more quicker than they did just a few years ago, two days could wind up being the majority of the expected movement, if not the whole movement.

View more education articles »