SunGard's hottest stocks
29 April 2015 Global
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SunGard’s Astec Analytics has compiled the hottest stocks from around the globe for the week beginning 20 April 2015.
UK publisher Pearson (PSON.L) is Astec’s top pick for the Europe, Middle East and Africa (EMEA) after it confirmed its chairman Glen Moreno will be leaving the company within the next year, at the same time announcing its expectations for its highest annual profits since 2012.
Data from Astec has suggested short sellers have been increasingly optimistic of Pearson's future, with the number of shares borrowed having fallen 27 percent in April.
Elsewhere, CNH Industrial NV (CNHI) has knocked Transocean from the runner-up position as the number of CNH shares being borrowed climbed 16 percent in April, and a total of 55 percent since the beginning of March.
In the Americas, US media company Comcast Corporation (CMCS-A) has seen focus as it officially withdrew its $45 billion offer for Time Warner after the US justice department suggested it would have blocked the deal on anti-competition grounds.
While its share price ended the week higher, Astec's data hints at growing optimism on the part of short sellers, with borrowing volumes falling 12 percent last week.
Ariad Pharmaceuticals (ARIA) makes its debut in Astec’s list after it announced its first US patent for its lung cancer treatment drug brigatinib following on from its updated clinical trial data released earlier in the April.
Short selling activity on the stock has increased by 73 percent in April, driving the cost of borrowing to one of the highest levels in the region at more than 80 percent.
Anglo-Australian mining giant BHP Billiton (BHP.AX) is the top pick for the Asia Pacific region after it said it would be deferring spending at its main port in Western Australia, in a bid to slow its pace of expansion in iron ore production on the back of falling commodity prices.
The news was seen as positive by investors, helping its stock rally over the week, while the borrowing figures hint at a similar view on the short side, volumes falling 15 percent during the week.
Hot stocks regular Hanergy Thin Film Power Group (0566.HK) has seen continued attention after media reports on the Chinese mainland said production at nine of its plants in China shut down—though Hanergy quickly refuted these reports.
UK publisher Pearson (PSON.L) is Astec’s top pick for the Europe, Middle East and Africa (EMEA) after it confirmed its chairman Glen Moreno will be leaving the company within the next year, at the same time announcing its expectations for its highest annual profits since 2012.
Data from Astec has suggested short sellers have been increasingly optimistic of Pearson's future, with the number of shares borrowed having fallen 27 percent in April.
Elsewhere, CNH Industrial NV (CNHI) has knocked Transocean from the runner-up position as the number of CNH shares being borrowed climbed 16 percent in April, and a total of 55 percent since the beginning of March.
In the Americas, US media company Comcast Corporation (CMCS-A) has seen focus as it officially withdrew its $45 billion offer for Time Warner after the US justice department suggested it would have blocked the deal on anti-competition grounds.
While its share price ended the week higher, Astec's data hints at growing optimism on the part of short sellers, with borrowing volumes falling 12 percent last week.
Ariad Pharmaceuticals (ARIA) makes its debut in Astec’s list after it announced its first US patent for its lung cancer treatment drug brigatinib following on from its updated clinical trial data released earlier in the April.
Short selling activity on the stock has increased by 73 percent in April, driving the cost of borrowing to one of the highest levels in the region at more than 80 percent.
Anglo-Australian mining giant BHP Billiton (BHP.AX) is the top pick for the Asia Pacific region after it said it would be deferring spending at its main port in Western Australia, in a bid to slow its pace of expansion in iron ore production on the back of falling commodity prices.
The news was seen as positive by investors, helping its stock rally over the week, while the borrowing figures hint at a similar view on the short side, volumes falling 15 percent during the week.
Hot stocks regular Hanergy Thin Film Power Group (0566.HK) has seen continued attention after media reports on the Chinese mainland said production at nine of its plants in China shut down—though Hanergy quickly refuted these reports.
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