New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 9, 2014
16:16 EDTAAPL, UBNT, JAZZ, AKRX, CSC, PUBGY, OMC, P, SKUL, POSTOn The Fly: Closing Wrap
Stocks on Wall Street were higher in a choppy session that saw the averages spend time on either side of the flatline before gaining ground in the last hour of trade to close near session highs. With today's close, the S&P 500 and Nasdaq finished the week with losses, while the Dow gained about 0.4% to close at new all-time closing high. ECONOMIC EVENTS: In the U.S., wholesale inventories were up 1.1% in March, which was above the 0.5% forecast, while wholesale sales rose 1.4% in the month. The JOLTS report showed job openings fell 111K in March to 4.01M. COMPANY NEWS: Apple (AAPL) was in-focus after the Financial Times said last night that the iPhone and iPad maker is in talks to acquire Beats Electronics for $3.2B. Following the report of Apple's interest in the headphone maker co-founded by rapper and record producer Dr. Dre, shares of another audio equipment maker, Skullcandy (SKUL), gained 32c, or 4.66%, to $7.18. Pandora (P), which like Beats offers a music streaming service, was up 42c, or 1.89%, to $22.62... Shares of Omnicom (OMC) rose $1.46, or 2.21%, to $67.66 after the company and its advertising peer Publicis Groupe (PUBGY) terminated their proposed merger of equals, citing "difficulties in completing the transaction within a reasonable timeframe." MAJOR MOVERS: Among the notable gainers was CSC (CSC), up $4.35, or 7.49%, to $62.39 after reporting a mixed fourth quarter report but raising its dividend 15% and announcing a new $1.5B share repurchase program. Also higher was Akorn (AKRX), which gained $1.12, or 4.53%, to $25.82 after announcing an agreement to acquire VersaPharm for $440M in a deal the company expects to add $90M-$100M in annual revenue and 10c-12c per share in earnings. Among the noteworthy losers was Jazz Pharmaceuticals (JAZZ), down $4.24, or 3.17%, to $129.45 after the company's first quarter profit and revenue fell short of expectations. Analysts at Piper Jaffray, however, said Jazz's growth story is still "very much intact." Also lower following their quarterly reports were shares of Ubiquiti Networks (UBNT), down $9.99, or 24.15%, to $31.38 and Post Holdings (POST), down $4.05, or 7.78%, to $48.03. INDEXES: The Dow gained 32.37, or 0.20%, to 16,583.34, the S&P 500 was up 2.85, or 0.15%, to 1,878.48, the Nasdaq was up 20.37, or 0.50%, to 4,071.87.
News For AAPL;SKUL;P;OMC;PUBGY;CSC;AKRX;JAZZ;UBNT;POST From The Last 14 Days
Check below for free stories on AAPL;SKUL;P;OMC;PUBGY;CSC;AKRX;JAZZ;UBNT;POST 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 | 6 | 7 | 8 | 9 | all recent news | >>
July 11, 2014
11:31 EDTUBNTOptions with increasing implied volatility
Options with increasing implied volatility: INO AEGR UBNT INVN WTW OREX GNC CREE SD SAN
10:17 EDTAAPLFirm raises Apple price target on iPhone 6 optimism
Subscribe for More Information
09:37 EDTAAPLActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL WFC C SUNE FB AMZN TSLA TWTR
09:14 EDTAAPLSanDisk has several positive catalysts, says Sterne Agee
Sterne Agee expects SanDisk (SNDK) to benefit from several developments, including a strengthening high margin retail market and new Apple (AAPL) products that will include embedded MCP and SSDs. The firm expects SanDisk to report solid June quarter results and guide to a stronger September quarter. It keeps a Buy rating.
08:49 EDTAAPLJune CIO survey indicates strong 2H, says Morgan Stanley
Subscribe for More Information
08:25 EDTAAPLApple price target raised to $112 from $102 at Canaccord
Subscribe for More Information
07:26 EDTAAPLApple, Coke on board with Obama 'SupplierPay' initiative, WSJ says
Subscribe for More Information
07:04 EDTAAPLAnalyst Ming-Chi Kuo: iWatch to enter mass production in November, 9to5Mac says
Subscribe for More Information
06:10 EDTPJPMorgan expects solid Q2 results in Internet space
Subscribe for More Information
July 10, 2014
16:00 EDTAAPLOptions Update; July 10, 2014
Subscribe for More Information
14:14 EDTAAPLChinese telecom companies to cut marketing spending, WantChinaTimes says
Subscribe for More Information
10:27 EDTAAPLInvenSense likely won designs across Apple product lines, says Rosenblatt
Subscribe for More Information
09:56 EDTAAPLApple reportedly orders 68M iPhone 6 units, Mac Rumors reports
Subscribe for More Information
09:36 EDTAAPLActive equity options trading on open
Subscribe for More Information
08:10 EDTAAPLMorgan Stanley's Vintage Values 2015 list selected
Subscribe for More Information
07:54 EDTAAPLTSMC begins shipping microprocessors to Apple, WSJ reports
TSMC (TSM) has begun shipping microprocessors to Apple (AAPL) for use in smartphones and tablets, reports the Wall Street Journal. According to people familiar with the matter, TSMC began shipping the microprocessors in Q2 and agreed to work together on more advanced chips next year. Reference Link
06:39 EDTPUBGY, OMCPublicis CEO calling on top managers for fresh outlook, WSJ reports
Subscribe for More Information
06:26 EDTAAPLTablet quarterly shipments fall for first time to 56M on year, DigiTimes says
Subscribe for More Information
06:18 EDTAAPLIDC: PC shipments in mature regions stabilizes market in Q2, DigiTimes
Subscribe for More Information
05:57 EDTAAPLApple wins EU trademark for store layouts, AP reports
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 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