Powerball’s jackpot for Wednesday night’s drawing is $403 million, the tenth largest prize in the game’s 25-year history.
But if it seems like massive Powerball jackpots have become relatively common, that’s because they have.
Five of the ten largest Powerball jackpots have come since the start of last year. The reason: Powerball changed up its formula in October 2015 so that players have more numbers to choose from.
More numbers mean longer odds of a winner — the odds of winning Powerball are now 1 in 292 million. Before the switch, the Powerball odds were 1 in 175 million.
With fewer winners, the jackpot has the chance to grow bigger week after week.
The biggest jackpot ever happened about a year ago in January 2016, soon after the odds changed. The payout reached a record $1.6 billion — the one and only time it has crossed the billion dollar mark. But it also got above $400 million in May, July and November of last year.
Top 10 Heal Care Stocks To Invest In 2018: Charter Communications, Inc.(CHTR)
- [By WWW.GURUFOCUS.COM]
For the details of OBERNDORF WILLIAM E’s stock buys and sells, go to www.gurufocus.com/StockBuy.php?GuruName=OBERNDORF+WILLIAM+E
These are the top 5 holdings of OBERNDORF WILLIAM EWorkiva Inc (WK) – 2,369,384 shares, 43.81% of the total portfolio. Shares added by 38.81%AppFolio Inc (APPF) – 839,797 shares, 26.98% of the total portfolio. Shares reduced by 39.22%Liberty Global PLC (LBTYK) – 289,812 shares, 12% of the total portfolio. Herbalife Ltd (HLF) – 145,000 shares, 9.96% of the total portfolio. Charter Communications Inc (CHTR) – 18,758 shares, 7.25% of the total portfolio.
- [By Andrew Tonner]
As one of the group of companies associated with telecom magnate John Malone — who regularly uses complex, tax-efficient corporate transactions to unlock value for shareholders — Liberty Broadband serves as a holding company that controls a diverse set of media assets. The most important of these is Liberty Broadband’s ownership of 25% of Charter Communications’ (NASDAQ:CHTR) total voting power, which effectively makes Liberty Broadband a tracking stock for Charter Communications shares.As such, Liberty Broadband shares have largely mirrored the impressive rally in Charter Communications stock over the past year. Particularly given Charter’s upcoming launch of its own wireless service network, Soros’ investment in Liberty Broadband remains an interesting option as the cable and telecom industries continue to evolve.
- [By Lisa Levin] Gainers
Cocrystal Pharma, Inc. (NASDAQ: COCP) rose 15.3 percent to $2.41 in pre-market trading after declining 25.09 percent on Thursday.
Expedia Group, Inc. (NASDAQ: EXPE) shares rose 10.7 percent to $117.75 in pre-market trading after the company reported stronger-than-expected earnings for its first quarter on Thursday.
DMC Global Inc. (NASDAQ: BOOM) rose 10.6 percent to $35.00 in pre-market trading after reporting Q1 results.
Genprex, Inc. (NASDAQ: GNPX) rose 10.2 percent to $12.12 in pre-market trading after climbing 86.76 percent on Thursday.
Sprint Corporation (NYSE: S) shares rose 7 percent to $6.42 in pre-market trading on reports that the company has made progress on merger talks with T-Mobile.
Amazon.com, Inc. (NASDAQ: AMZN) rose 6.9 percent to $1,621.95 in pre-market trading after the company posted upbeat results for its first quarter. The company sees second quarter operating income of $1.1 billion – $1.9 billion and sales of $51 billion – $54 billion.
Riot Blockchain, Inc. (NASDAQ: RIOT) shares rose 5.5 percent to $7.88 in pre-market trading after gaining 1.49 percent on Thursday.
Intel Corporation (NASDAQ: INTC) rose 5.3 percent to $55.86 in pre-market trading as the company reported better-than-expected results for its first quarter and also raised its FY18 sales outlook.
8×8, Inc. (NASDAQ: EGHT) rose 5.3 percent to $21.00 in pre-market trading.
Southwestern Energy Company (NYSE: SWN) shares rose 5.1 percent to $4.75 in pre-market trading as the company reported better-than-expected earnings for its first quarter.
Diamond Offshore Drilling, Inc. (NYSE: DO) rose 5 percent to $20.24 in pre-market trading.
Baidu, Inc. (NASDAQ: BIDU) rose 4.5 percent to $249.50 in pre-market trading following upbeat Q1 profit.
Charter Communications, Inc. (NASDAQ: CHTR) rose 4.3 percent to $311 in pre-market trading. Charter is expected to release quarterly earnings today.
SINA Corporation (NASDAQ: SINA) shares rose 3.9 pe
Top 10 Heal Care Stocks To Invest In 2018: Ascent Capital Group, Inc.(ASCMA)
- [By Joseph Griffin]
Get a free copy of the Zacks research report on Ascent Capital Group (ASCMA)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Lisa Levin]
Tuesday afternoon, the industrial sector proved to be a source of strength for the market. Leading the sector was strength from NL Industries Inc (NYSE: NL) and Ascent Capital Group Inc (NASDAQ: ASCMA).
- [By Ian Wyatt, Publisher & Chief Investment Strategist, Wyatt Investment Research]
Both of these stocks are overlooked, undervalued, and cash flow machines. The companies are Ascent Capital Group (ASCMA) and Covanta Holdings (CVA).
Top 10 Heal Care Stocks To Invest In 2018: VistaGen Therapeutics, Inc. (VTGN)
- [By William Romov]
VistaGen Therapeutics Inc. (Nasdaq: VTGN) is among the top penny stocks to watch this week after climbing 135% in just three trading sessions last week.
- [By Money Morning Staff Reports]
For instance, VistaGen Therapeutics Inc. (Nasdaq: VTGN) shot up from $0.92 to $2.55 on Dec. 6. Since then, the stock pulled back to $1.07. Investors who bought at $2.55 are sitting on a 58% loss today (Jan. 8).
- [By Money Morning News Team]
Consider one of the top penny stocks from December,VistaGen Therapeutics Inc.(Nasdaq: VTGN). VTGN shares soared 156% in a single day of trading on Dec. 6.
- [By Money Morning News Team]
For instance, VistaGen Therapeutics Inc. (Nasdaq: VTGN) shot up from $0.92 to $2.55 on Dec. 6. Since then, the stock pulled back to $1.02. Investors who bought at $2.55 are sitting on a 60% loss today (Dec. 18).
Top 10 Heal Care Stocks To Invest In 2018: Mead Johnson Nutrition Company(MJN)
- [By Michael Flannelly]
On Tuesday, JP Morgan analysts upgraded children’s nutrition company Mead Johnson Nutrition (MJN), as they believe the company’s top line growth should be valued more highly than the possible cost headwinds and further Chinese regulations.
The analysts upgraded MJN from “Neutral” to “Overweight” and see shares reaching $88. This price target suggests a 16% upside to the stock’s Monday closing price of $76.11.
Mead Johnson Nutrition shares were up 85 cents, or 1.12%, during morning trading on Tuesday. The stock is up 16.71% year-to-date.
- [By WWW.THESTREET.COM]
The group agreed to sell its food business to McCormick & Company Inc. (MKC) last week for $4.2 billion. Reckitt said it would use the sale proceeds to reduce debt, which grew by $21 billion through a pair of financing transactions in March led by Bank of America Merrill Lynch, Deutsche Bank and HSBC in order to fund its $18 billion acquisition of infant nutrition group Mead Johnson (MJN) earlier this year.
Top 10 Heal Care Stocks To Invest In 2018: Zion Oil & Gas Inc(ZN)
- [By Lisa Levin]
Shares of Zion Oil & Gas, Inc. (NASDAQ: ZN) got a boost, shooting up 20 percent to $5.07.
Spark Energy Inc (NASDAQ: SPKE) shares were also up, gaining 12 percent to $19.40. Guggenheim upgraded Spark Energy from Neutral to Buy.
- [By Lisa Levin]
Shares of Zion Oil & Gas, Inc. (NASDAQ: ZN) got a boost, shooting up 47 percent to $6.21.
Spark Energy Inc (NASDAQ: SPKE) shares were also up, gaining 10 percent to $19.10. Guggenheim upgraded Spark Energy from Neutral to Buy.
- [By Lisa Levin]
In trading on Wednesday, energy shares fell by 0.76 percent. Meanwhile, top losers in the sector included Whiting Petroleum Corp (NYSE: WLL), down 6 percent, and Zion Oil & Gas, Inc. (NASDAQ: ZN) down 7 percent.
Top 10 Heal Care Stocks To Invest In 2018: Analog Devices, Inc.(ADI)
- [By Leo Sun]
If you think that Apple still has room to run, you should also check out three of its top suppliers — Cirrus Logic (NASDAQ:CRUS), Analog Devices (NASDAQ:ADI), and Skyworks Solutions (NASDAQ:SWKS) — which could all be lifted by the tech giant’s rally.
- [By ]
After ams reported the shortfall, the SOX index dipped to about 1% above its 200-day moving average. Among the worst performers on the index are Micron Technology Inc. (MU) , down 3.16% Monday, Skyworks Solutions Inc. (SWKS) , down 2.79%, and Analog Devices Inc. (ADI) , down 1.97%.
- [By Craig Jones]
Najarian also noticed that traders were buying the October 87.50 calls in Analog Devices, Inc. (NASDAQ: ADI). He said that 5,000 contracts were traded in one block. Najarian bought calls in Analog Devices and he is going to hold the position for two weeks.
Top 10 Heal Care Stocks To Invest In 2018: CoBiz Financial Inc.(COBZ)
- [By Stephan Byrd]
CoBiz Financial Inc. (NASDAQ:COBZ) – Analysts at Piper Jaffray decreased their Q2 2018 earnings per share (EPS) estimates for CoBiz Financial in a research report issued on Wednesday, May 2nd. Piper Jaffray analyst B. Rabatin now anticipates that the bank will post earnings per share of $0.30 for the quarter, down from their prior estimate of $0.31. Piper Jaffray currently has a “Hold” rating on the stock. Piper Jaffray also issued estimates for CoBiz Financial’s Q3 2018 earnings at $0.31 EPS, Q4 2018 earnings at $0.33 EPS, FY2018 earnings at $1.25 EPS, Q1 2019 earnings at $0.32 EPS, Q2 2019 earnings at $0.34 EPS, Q3 2019 earnings at $0.36 EPS, Q4 2019 earnings at $0.37 EPS and FY2019 earnings at $1.39 EPS.
Top 10 Heal Care Stocks To Invest In 2018: American Assets Trust, Inc.(AAT)
- [By Markus Aarnio]
Owens Realty Mortgage’s competitors include American Assets Trust (AAT), Alexandria Real Estate Equities (ARE) and Boston Properties (BXP). American Assets Trust has seen five insider buy transactions and four insider sell transactions this year. American Assets Trust has a dividend yield of 2.78%. Alexandria Real Estate Equities has seen 14 insider sell transactions this year. Alexandria Real Estate Equities has a dividend yield of 4.10%. Boston Properties has seen one insider buy transaction and four insider sell transactions this year. Boston Properties has a dividend yield of 2.43%.
Top 10 Heal Care Stocks To Invest In 2018: Medley Capital Corporation(MCC)
- [By Lee Jackson]
Medley Capital Corp. (NYSE: MCC) is another company that had the man at the top buying shares. CEO Brook Taube added 188,336 shares of the business development company at prices that ranged from $7.13 to $7.48 per share. The total for the trade was posted at $1 million. The stock closed Friday at $7.26.
- [By Lee Jackson]
These companies also reported insider buying last week: Carrizo Oil and Gas Inc. (NASDAQ: CRZO), Medifast Inc. (NYSE: MED), Medley Capital Corp. (NYSE: MCC), Occidental Petroleum Corp. (NYSE: OXY) and Sothebys (NYSE: BID).
Top 10 Heal Care Stocks To Invest In 2018: L Brands, Inc.(LB)
- [By Elizabeth Balboa]
As tech falls, the once-forsaken shares of Gap Inc (NYSE: GPS), Macy’s Inc (NYSE: M), L Brands Inc (NYSE: LB), Costco Wholesale Corporation (NASDAQ: COST) and AT&T Inc. (NYSE: T) are surging.
- [By Chris Lange]
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was L Brands, Inc. (NYSE: LB) which jumped about 11% to $47.85. The stocks 52-week range is $43.04 to $87.16. Volume was 13.9 million which is above the daily average of around 4.2 million shares.
- [By Paul Ausick]
L Brands Inc. (NYSE: LB) dropped about 17.5% Thursday to post a new 52-week low of $47.93 after closing Wednesday at $58.13. The 52-week high is $88.77. Volume of about 24 million was nearly 10 times the daily average of around 2.6 million. The owner of Victoria’s Secret stores, among other mall retailers, gave a weak outlook when it reported earnings after markets closed Wednesday.