The Week That Went By: News Updates

Top story from the previous week at Amigobulls was the insider trading at Angies List (ANGI). We believe insider trading is a very important and significant signal of where a company is headed. The internal members at Angie’s including the CXO’s and directors have been consistently selling Angies List stocks, offloading a total of over 219000 ANGI shares between them over the last 4 months. If you had missed our coverage of the internal trades at Angie’s you can read the story in our article titled Angie’s insider trading. The Angie stock has fallen by over 10% in the last three months with a fall of close to 7% in the week ending August 23, 2013.

Check Angie’s latest stock price movement.
ANGI stock chart
Source: Angie's List stock chart by Amigobulls

Yahoo (YHOO), had been a constant appearance in the news over the last week. The appointment of Maynard Webb as the Chairman of the board was followed by the closure of Yahoo! email services in China with the company transferring all its Chinese email subscribers to Alimail, the email service of Alibaba, in which Yahoo holds a 30% stake.

Check Yahoo’s latest stock price movement in our Yahoo stock chart.
Yahoo stock chart
Source: Yahoo stock chart by Amigobulls

Other stock market updates:

Baidu launches 'Total View'

Blucora completes Monoprice acquisition

The week that went by: Earnings updates from last week

Read our Newsletter here: Google goes patent shopping again

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Neither Amigobulls, nor any members of its staff hold positions in any of the stocks discussed in this post. The author may not be a certified/registered investment advisor, and the opinions expressed should not be treated as investment advice. Buying and selling of securities carries the risk of monetary losses. Readers/Viewers are advised to carry out their own due diligence and consult their investment advisors before making any investment decisions. Neither Amigobulls, nor the author have any business relationship with any of the companies covered in this post.

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