Sr. Correspondent, Broker Research, Bangalore, India
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Oct 24, 2014
Oct 24, 2014
Oct 24, 2014
Oct 24, 2014

Well-timed bullish option bets seen in Digital River weeks before deal

NEW YORK (Reuters) – Well-timed bullish options bets on Digital River Inc (DRIV.O: Quote, Profile, Research, Stock Buzz) were placed about two weeks before the e-commerce services company said on Friday it would be taken private.

Digital River’s stock rose 48 percent to $25.75 on Friday, a day after the Minnesota-based company said it entered into an agreement to be bought by an investor group led by Siris Capital Group LLC for $26 a shares.

Oct 24, 2014
Oct 24, 2014
Oct 24, 2014
Oct 23, 2014

Options investors see good times rolling for Facebook

NEW YORK, Oct 23 (Reuters) – Facebook Inc investors
used to wild swings in the company’s shares following its
earnings reports are looking for relative calm on Tuesday, after
the social media company posts results.

Facebook, whose shares rose 3 percent to a new year-high of
$80.63 on Thursday, is scheduled to report third-quarter results
on Oct. 28.

Oct 22, 2014
    • About Saqib

      "Saqib is Senior correspondent, Broker Research and leads a team of five reporters covering equities research. He previously worked as a producer on the Reuters Global Online desk. He joined Reuters in 2009 after graduating from the Asian College of Journalism."
      Joined Reuters:
      2009
      Languages:
      English, Hindi, Bengali
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