The largest single stock options trade today appears to be a bullish roll in Symantec (SYMC). Shortly after noon, when the stock was trading $23.70, a trader sold to close 30,000 Jan17 24 calls at $1.30 …
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When managements and boards have little idea how to stimulate organic growth, they look to financial engineering to create earnings growth by retiring shares. If necessary, they use their equity as currency or lever up …
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