Hot Stocks (Yahoo! Inc., Sohu.com Inc., MF Global Holdings Ltd, FCX)


Yahoo! Inc.  (NASDAQ:YHOO) shares slumped 56 cents or 3.40% in the pre-market session as reports surfacing that the company has been considering selling off Asian assets and use the inflow to pay dividend, instead of highly anticipated selling itself. The stock has been moving higher over the past couple of weeks on reports that the company could sell its own business.

Sohu.com Inc.  (NASDAQ:SOHU) shares turned negative in the pre-market session and now down 8% to $63.48 after rising 3%. The company reported that it earned $1.26 a share on revenue of $233 million during the third quarter, compared to analysts’ estimates of a profit of $1.27 a share on revenue of $228 million in revenues.

MF Global Holdings Ltd  (NYSE:MF) shares are being halted on pending news. Reports are surfacing that the company could file for bankruptcy protection after investing $6 billion in sovereign bonds issued by European countries as per The Wall Street Journal.

Freeport-McMoRan Copper & Gold Inc.  (NYSE:FCX) shares are sliding 3.40% to $41.35 retreating from its recent gains following copper prices fell more than 3% as the Dollar gained against yen and euro on Japan intervention.

Disclaimer:

The assembled information distributed by headlineotc.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Headlineotc.com does expect that investors will buy and sell securities based on information assembled and presented herein. Headlineotc.com will not be responsible in any way for or accept any liability for any losses arising from an investor’s reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor.

Our Research Report on MF is now available. Don´t Trade MF until you Read our FREE FULL REPORT. Click Here