What You Need to Know about Private Prison Stocks

“We need to end private prisons.  Protecting public safety… should never be outsourced or left to unaccountable corporations.” That’s what Democratic presidential candidate Hillary Clinton just tweeted, wiping out millions in value off another industry in just weeks. Corrections Corporation of America (CXW) lost $200 million in value. GEO Group Inc. (GEO) lost close to…

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FDA Warning: Could Be a Profit Opportunity

The FDA just warned that two popular hepatitis treatments from AbbVie, Inc. (ABBV) could cause serious liver injuries in patients with underlying advanced liver disease. “Patients taking these medicines should contact their health care professional immediately if they develop fatigue, weakness, loss of appetite, nausea and vomiting, yellow eyes or skin, or light-colored stools, as…

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This Sector is Seeing Billions of Dollars in M&A Activity

Western Digital unveiled a $19 billion cash and stock takeover of SanDisk… Semiconductor maker Lam Research is acquiring KLA-Tencor for $10.6 billion. Avago Technologies agreed to pay $37 billion for Broadcom. Intel scooped up chipmaker Altera for $17 billion.  And back in March, NXP Semiconductor offered to buy Freescale Semiconductor for $11.8 billion.

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