EXCO Resources Inc (NYSE:XCO), Sears Holdings Corp (NASDAQ:SHLD) and Domino’s Pizza, Inc. (NYSE:DPZ) made noteworthy gains on Wall Street this Tuesday. Taking major falls are Nanosphere, Inc. (NASDAQ:NSPH), Cal Dive International, Inc. (NYSE:DVR) and KiOR Inc (OTCMKTS:KIOR).
Warren Buffett’s Annual Letter: Mistakes, Buybacks and Apple
Warren Buffett published his annual letter to shareholders over the weekend. The annual update, which has become one of the largest events in the calendar for value investors, provided Buffett's views on one of the most turbulent and extraordinary years for the financial markets in recent memory. Q4 2020 hedge fund letters, conferences and more Read More
EXCO Rebounds After Hitting New Low Yesterday
Up +15.21%, EXCO Resources Inc (NYSE:XCO) rebounded today after hitting a new 52-week low at the start of the week. Last Friday, the company said it may acquire properties owned by its next CEO – the identity of which has not yet been revealed (or decided). The oil and gas company has been in Wilbur Ross’ investment portfolio since Q3 2010.
Sears Holdings Corp (NASDAQ:SHLD) climbed +11.12% this Tuesday. The picture for the retail giant remains grim, however, with its price down -41.9% year-to-date.
Domino’s Pizza, Inc. (NYSE:DPZ) got a +10.57% boost off of its third-quarter results report, including net income of $35.6 million and $0.63 in EPS. In the investment portfolio of billionaire Richard Chilton since 2012, DPZ is up +21.06% in 2014.
New Q2 Soros Picks Dive
Nanosphere, Inc. (NASDAQ:NSPH) took a -40.65% dive today, coming back down after yesterday’s surge. The molecular diagnostics company, a new acquisition for George Soros, is down -68.56% YTD.
The share price of Cal Dive International, Inc. (NYSE:DVR) declined -12.85% this Tuesday. Also a new Q2 Soros buy, the marine contractor has posted a -51.45% loss over the past five days and is down -79.1% year-to-date.
KiOR Inc (OTCMKTS:KIOR) dipped -12.37% today and is trading extremely close to its 52-week low of $0.07. Yet another new second quarter buy for Soros, KIOR is down -95.83% in 2014 and -97.14% over the past year.