tradeMONSTER: Trade free for 90 days

Options Trading News

October 28, 2013  Mon 7:36 AM CT

BMY: SEE CHART GET CHAIN FIND STRATEGIES
Chinese Firms Miss Expectations

The Beijing-based web portal reported an unexpected third-quarter loss of $65 million, citing higher costs and a special dividend. Even worse was disappointing numbers from Sohu's online-game subsidiary Changyou.com, which missed earnings expectations. SOHU is down more than 9 percent to $74, while CYOU plunging about 16 percent to $30 in the pre-market.


Bristol-Myers Higher on Upgrade

The drug developer was upgraded by Morgan Stanley to "overweight" from "equal weight" with a price target of $60, raised from $45. Bristol-Myers Squibb pulled back after reporting quarterly results last week but is bouncing this morning. BMY is up nearly 3 percent to $50.19 on tradeMONSTER's extended-hours platform.
Share this article with your friends


Related Stories

BMY

Cramer: Trading from NFL playbook

December 10, 2014

The Chinese market plunged 5 percent Monday night, and that took down U.S. markets yesterday. That's like a good team playing on the road and facing a vicious 12th man of a backdrop.

tradeMONSTER: Trade free for 90 days

Premium Services

Archived Webinar

The Art of Trading: Forgiving the Spread

Education & Strategy

Know thy Greeks!

One of the most important roles played by the Option Pricing Model is the calculation of an important family of...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER