Gradient Senior Analyst Nicholas Yee reports on six companies that are using a variety of techniques to shift pretax profits to lower-tax areas. Featured in this USA Today, article, the companies include CELG, ALTR, VMW, NVDA, LRCX, and SNPS. Read more
Volume has elevated somewhat this week, as Wednesday saw more trading volume than we have seen since the beginning of the month—likely due to the release of the FOMC minutes (both in anticipation and aftermath). In any case, equity holders have been loath to sell. Mild intraday weakness continues to be met with buying.