Options Read on Smith International Buyout Talk (SII, SLB)
The reports today put Smith International Inc. (NYSE: SII) as a company in talks to be acquired by Schlumberger Ltd. (NYSE: SLB). If this occurs it would be the largest oilfield services giant becoming even larger. While we have yet to see a formal deal, Smith shares traded over 42 million shares today, almost 8-times [...]
Top Day Trader Alerts (APOL, BAC, CSIQ, CPST, DELL, FSLR, HUN, SII, WBMD)
These are this Friday’s top day trader alerts and active trader alerts we have seen on the move based upon events. We have an explanation and added color on each where applicable: Apollo Group Inc. (NASDAQ: APOL) is trading down sharply after providing preliminary guidance that is short of estimates for Q2. The company is [...]
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