Volume Spike Investor

We are seeing a lot of buying interest in Lowe’s Comanies inc. (NYSE: LOW) that is strong enough to spill over into shares of larger rival Home Depot (NYSE: HD).  The buying interest is after lowe’s managed to beat estimates and keep tepid guidance in line with estimates.  The hopes that Tropical Storm Fay turning [...]

PMI Group (NYSE: PMI) is having a huge day.  Shares are up more than 50% right after the open after the company announced it is selling its Australian operations.  The sale price is $920 million on the surface, although 20% is via a promossory note that appears subject to performance measures.  As this company is [...]