New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 13, 2013
16:26 EDTDAL, OSIR, AAPL, IOC, UAL, AAMRQ, PGEM, JOSB, LCCOn 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 8, 2014
09:35 EDTAAPLActive equity options trading on open
Subscribe for More Information
09:04 EDTAAPLAmazon Instant Video says video streams on Prime Instant Video tripled y/y
Amazon Instant Videoannounced that video streams on Prime Instant Video nearly tripled year over year. According to a report from Qwilt, which tracks growth in online video usage, Amazon (AMZN) has now passed both Apple (AAPL) and Hulu (NWSA, DIS, CMCSA) in streaming video usage.
08:08 EDTAAPLCost to Apple, Google, Intel, of 'no-poaching' deal may be high, DealBook says
Some of the of the biggest names in tech, including Apple (AAPL), Google (GOOG), Intel (INTC)and Adobe (ADBE), are at the center of a class-action suit that seeks $9B as compensation for employees who contend the tech giants colluded to prevent their employees from being hired at rivals, reported The New York Times' DealBook. Reference Link
08:04 EDTAAPLiAnywhere could boost Apple earnings by over 10%, says JPMorgan
Subscribe for More Information
06:24 EDTAAPLApple may develop baseband chpis for iPhones inhouse, DigiTimes says
Subscribe for More Information
06:20 EDTAAPLApple may release iWatch in Q3, DigiTimes reports
Subscribe for More Information
06:07 EDTAAPLMicrosoft investing in 'invisible user interface' technology, WSJ reports
Subscribe for More Information
April 7, 2014
16:01 EDTAAPLOptions Update; April 7, 2014
Subscribe for More Information
14:06 EDTAAPLApple slips to lows of the day, levels to watch
Shares were last at $522.56, just off the session low. At current price, next support is at $517.35. Resistance is at $527.67.
10:32 EDTUAL, DALAirline stocks rally after Goldman ups sector rating
Airline stocks are rising in a down market after Goldman Sachs raised its rating on the sector to Attractive from Neutral. WHAT'S NEW: Although airline stocks have already outperformed the market, it's not too late for investors to get involved in the sector, Goldman wrote in a note to investors earlier today. Not yet priced into the stock are higher ticket prices, more crowded planes, and a recovering U.S. consumer, according to the firm. It initiated coverage of American Airlines (AAL) with a Buy rating and upgraded its rating on JetBlue (JBLU) to Neutral from Sell. Goldman kept Buy ratings on Delta (DAL) and United Continental (UAL). PRICE ACTION: In mid-morning trading, American Airlines rose 1.25% to $37, JetBlue added 0.6% to $8.80, Delta gained 2% to $35.30, and United Continental lost 0.5% to $44.65.
09:34 EDTAAPLActive equity options trading on open
Subscribe for More Information
08:45 EDTAAPLInvenSense price target raised to $27 from $20 at Pacific Crest
Subscribe for More Information
07:51 EDTAAPLApple sent iTV panel samples from Korean display maker, Korea Herald says
Subscribe for More Information
07:37 EDTAAPLApple considered dumping long-time ad agency, WSJ reports
Subscribe for More Information
07:16 EDTAAPLRetailers muscle into competitive mobile payment market, Reuters says
Subscribe for More Information
07:09 EDTUAL, DALAirline quality study shows customer complaint improvement, Reuters says
Subscribe for More Information
06:36 EDTAAPLApple's sales force worried about iPhone outlook, Re/code reports
Apple's (AAPL) sales force has been worried about weakness in the iPhone's market share, amid strong competition from Google's (GOOG) Android operating system, a document presented in a court case showed, Re/code reported on Friday. According to the internal Apple document, the only portions of the smartphone market showing growth were large devices costing more than $300 or devices that cost less than $300, the website stated. Reference Link
06:23 EDTDALDelta Air Lines to equip flight attendants with Nokia Lumia 1520
Delta Air Lines (DAL) this fall will equip more than 20,000 flight attendants with handheld Nokia (NOK) Lumia 1520 phablets, which will serve as their on-board manual and in-flight sales device as well as a platform for future, more personalized in-flight customer service. The Lumia 1520 features a larger format, 6-inch screen and will replace the smaller Lumia 820 already in the hands of Delta on-board professionals.
06:14 EDTUAL, DALAirlines sector upgraded to Attractive from Neutral at Goldman
Goldman upgraded the Airlines sector to Attractive from Neutral based on a more bullish views on the cycle and improving demand. The analyst believes consensus estimates underestimate pricing, which will boost multiples. As part of the sector change, the firm initiated American Airlines (AAL) with a Buy rating and upgraded JetBlue (JBLU) to Neutral from Sell.
April 6, 2014
17:48 EDTAAPLGoogle set to announce Android TV, The Verge says
Subscribe for More Information
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