On CNBC's Halftime Report, Bryn Talkington picked NVIDIA, Jim Lebenthal chose Vertex Pharmaceuticals, Kevin Simpson named ConocoPhillips, and Rob Sechan suggested AbbVie, with all four stocks having recent news and price changes.
Waste Management is reportedly set to acquire Stericycle for $7 billion, including debt, enhancing its medical-waste-disposal capabilities. The deal, likely to be announced Monday, will strengthen Waste Management's market presence. With Stericycle's $1 billion debt,
Several analysts expressed their views on ConocoPhillips' deal to acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 billion.
Analyst expects COP to have a negative reaction vs. its peers today. ConocoPhillips announced its plan for the acquisition of Marathon Oil. Can gain exposure through IEO and WEEI.
Volatility surged back into the market on Wednesday, with the CBOE Volatility Index (VIX) spiking 9% after hitting nearly three-year lows last week, fueled by fresh upticks in Treasury bond yields.