New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 13, 2013
16:26 EDTAAMRQ, PGEM, JOSB, LCC, DAL, OSIR, AAPL, IOC, UALOn The Fly: Closing Wrap
Stocks on Wall Street were higher following comments from a regional Fed president suggesting a September "taper" may be unlikely. The Fedspeak appeared to offset worse than expected retail sales data released earlier in the day. The Nasdaq logged the day's largest gain, boosted by a surge in shares of Apple (AAPL), which climbed following the disclosure by activist investor Carl Icahn of a large stake. ECONOMIC EVENTS: In the U.S., retail sales edged up 0.2% in July, missing expectations for a 0.8% increase. Retail sales excluding autos increased 0.5%, however, which was a bit above the 0.4% rise expected for that reading. Import prices rebounded to rise 0.2% in July after being down in the prior month, while export prices slipped 0.1% in July. Business inventories were flat in June, versus expectations for them to grow 0.2%. Comments made by Atlanta Fed President Dennis Lockhart near midday sent the averages higher, as Lockhart largely ruled out a September tapering of the Fed's asset purchases given recent economic and employment data. COMPANY NEWS: Apple gained $22.21, or 4.75%, to $489.57 after Carl Icahn announced on his Twitter account that he has built a "large" position in the iPhone and iPad maker. Icahn also tweeted that he had a conversation with Apple CEO Tim Cook today, during which he told Cook a larger share buyback should be done now. A late afternoon headline from Bloomberg said that Icahn's position in Apple is over $1B... The Department of Justice filed an antitrust lawsuit seeking to block the proposed merger of US Airways (LCC) and American Airlines' bankrupt parent AMR Corp. (AAMRQ), saying the tie-up will result in passengers paying higher fares and receiving less service. Following the news, AMR shares fell $2.64, or 45.44%, to $3.17 and US Airways fell $2.46, or 13.07%, to $16.36. MAJOR MOVERS: Among the notable gainers was Osiris Therapeutics (OSIR), which saw its shares more than double, adding $14.78, or 138.65%, to $25.44 after a clinical trial of its treatment for diabetic foot ulcers met the pre-specified stopping rules for "overwhelming" efficacy. Also higher were shares of JoS. A. Bank (JOSB), up $5.03, or 12.48%, to $45.33 after BeaconLight Capital sent a letter to the company's board saying its stock could be worth $70 if the company took "a few simple steps." Among the noteworthy losers were a number of airline stocks, including United Continental (UAL), down $2.48, or 7.47%, to $30.73, and Delta Air Lines (DAL), down $1.49, or 7.08%, to $19.55 after the DoJ filed to block the proposed merger between US Airways and AMR. Also lower following their quarterly reports were Ply Gem Holdings (PGEM), down $3.66, or 19.34%, to $15.26, and InterOil (IOC), down $8.47, or 10.09%, to $75.51. INDEXES: The Dow was up 31.33, or 0.20%, to 15,451.01; the Nasdaq was up 14.49, or 0.39%, to 3,684.44; and the S&P 500 was up 4.69, or 0.28%, to 1,694.16.
News For AAPL;LCC;AAMRQ;OSIR;JOSB;UAL;DAL;PGEM;IOC From The Last 14 Days
Check below for free stories on AAPL;LCC;AAMRQ;OSIR;JOSB;UAL;DAL;PGEM;IOC the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | all recent news | >>
April 10, 2014
09:37 EDTAAPLActive equity options trading on open
Active equity options trading on open according to Track Data: SIRI RAD AAPL AMZN AA FB TSLA MRK CVX C
08:22 EDTAAPLApple seen offering iWatches priced as high as 'thousands,' AppleInsider says
KGI analyst Ming-Chi Kuo, who has a proven track record of predicting about Apple hardware, predicts that one of the major differences between Apple's smartwatch and those from rivals will be that its casing and band will come in a variety of materials and that luxury iWatches will carry a price tag of "several thousand dollars," reported AppleInsider. Other features expected by Kuo for the device, including biometrics, a flexible AMOLED display with sapphire cover lens and NFC, the report added. Reference Link
07:39 EDTAAPLApple Chief Designer gains more say over software, Bloomberg says
Subscribe for More Information
07:38 EDTJOSBMen's Wearhouse extends expiration date of Jos. A. Bank offer to April 23
Subscribe for More Information
07:24 EDTAAPLApple may release 12" Retina MacBook Air, low price iMac in 2014, MacRumors says
Subscribe for More Information
06:48 EDTAAPLApple initiated with a Buy at Deutsche Bank
Deutsche Bank believes the iPhone and iPad offer good growth for Apple with upside coming from the potential for a larger screen sized phone. The firm initiated the stock with a Buy rating and $650 price target.
06:41 EDTAAPLApple confirms Christie departure, FT reports
Subscribe for More Information
April 9, 2014
17:26 EDTAAPLGartner says worldwide PC shipments in Q1 fell 1.7%
Subscribe for More Information
16:00 EDTAAPLOptions Update; April 9, 2014
Subscribe for More Information
15:56 EDTAAPLApple interface head rumored to be exiting, AppleInsider says
Subscribe for More Information
15:21 EDTAAPLApple weighing 'dramatic' overhaul of iTunes store, Billboard says
Subscribe for More Information
10:39 EDTAAPLJudge says certain WiLAN patent claims are valid in litigation vs. Apple
Subscribe for More Information
10:39 EDTAAPLLogitech has risk of increasing competition from Apple, says UBS
UBS notes that Apple (AAPL) filed a patent with the USPTO for an electronic device/tablet cover that seems to include a keyboard. UBS believes Apple could introduce its own branded keyboard cover, and other branded peripherals, in order to grab market share from its highly loyal consumer base. The analyst believes competition for Neutral rated Logitech (LOGI) will accelerate, significantly impacting growth prospects.
09:36 EDTAAPLActive equity options trading on open
Subscribe for More Information
08:24 EDTAAPLGoogle, Apple have considered acquiring Square, Re/code reports
Subscribe for More Information
08:03 EDTOSIROsiris announces receipt of $15M cash payment for Prochymal
Subscribe for More Information
07:54 EDTAAPLSamsung, Apple pushed to make high-end phones less costly, Reuters says
Subscribe for More Information
07:28 EDTAAPLAmazon looking to court game developers for Fire TV, NY Post reports
Subscribe for More Information
06:18 EDTAAPLApple seeks $2.2B in damages from Samsung in patent infringement, WSJ says
Subscribe for More Information
06:15 EDTAAPLFlexible PCB samples delivered for Apple iWatch validation, DigiTimes says
Flexible PCB suppliers have reportedly delivered FPCB samples for use in Apple's iWatch devices for validation, reports DigiTimes. According to industry sources, Apple is expected to unveil the iWatch wearable devices in September. Reference Link
1 | 2 | 3 | 4 | 5 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use