New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
September 17, 2012
12:18 EDTAAPL, GRPN, DHR, ODP, THLD, IRIS, T, GNOM, TSLAOn The Fly: Midday Wrap
Stocks on Wall Street were lower at midday as the United States and China traded complaints to the World Trade Organization. Stock futures, which had been weak in early trading, softened further after the disappointing Empire State manufacturing reading. The futures action led to a lower opening for the broader market and the averages have not been able to mount any semblance of a come back in light, holiday trading... ECONOMIC EVENTS: In the U.S., the New York Fed’s “Empire State” general business conditions index, which measures factory activity in the state, dropped to minus 10.41 from minus 5.85 in August. This knocked the index to its lowest level in over three years, versus economists’ expectations for an improvement to minus 2. Also, China filed a complaint at the World Trade Organization to challenge a new U.S. law on tariffs intended to combat export-promoting subsidies, hours after the U.S. said it would launch a trade complaint against China's support for car exports... COMPANY NEWS: Apple (AAPL) announced that its iPhone 5 preorders set a new record by topping 2M phones sold in 24 hours. AT&T (T) echoed Apple's sentiments, saying sales of the new phone over the weekend made it the fastest-selling iPhone yet... Office Depot (ODP) rose over 7% after activist fund Starboard took a 13% stake and said the stock was “deeply undervalued.” This comes after last week's gains, which may have been aided by private equity takeover speculation circling its peer, Staples (SPLS)... MAJOR MOVERS: Among the notable gainers were IRIS International (IRIS), up 45% to $19.47 after Danaher (DHR) agreed to acquire the company for $19.50 per share, and Complete Genomics (GNOM), up 15% to $3.06 following a deal to be purchased by BGI-Shenzhen for $3.15 per share in cash. Also higher were shares of Tesla Motors (TSLA), which rose 5% following a two notch upgrade to an Overweight rating at Morgan Stanley. Among the noteworthy losers was Threshold Pharmaceuticals (THLD), down 19% after the company said new analysis showed one of its cancer drugs did not have a statistically significant impact on overall survival in a trial. Also lower were shares of Groupon (GRPN), down 6% as the stock was added to Evercore's "Conviction Sell" list... INDICES: Near noon, the Dow was down 27.01, or 0.20%, to 13,566.36; the Nasdaq was down 7.15, or 0.22%, to 3,176.80; and the S&P 500 was down 2.43, or 0.17%, to 1,463.34.
News For AAPL;T;ODP;TSLA;IRIS;DHR;GNOM;THLD;GRPN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | 7 | all recent news | >>
May 14, 2015
19:11 EDTAAPLApple job listing hints at map service overhaul
Subscribe for More Information
18:39 EDTAAPL, TApple, others raise objections to sale of RadioShack customer data, Law360 says
Subscribe for More Information
17:36 EDTAAPLApple responds to rumored HomeKit delay, says first device next month, WSJ says
Subscribe for More Information
17:17 EDTAAPLApple submits patent application to expand 'home button' features
Subscribe for More Information
16:00 EDTAAPL, TSLAOptions Update; May 14, 2015
Subscribe for More Information
14:04 EDTAAPLApple delays launch of HomeKit to early fall, Fortune reports
Subscribe for More Information
10:37 EDTTDISH CEO says AT&T, DirecTV merger will bring tougher competitor
Subscribe for More Information
09:38 EDTDHRIncreasing equity options volume on open
Subscribe for More Information
09:34 EDTAAPLActive equity options trading on open
Subscribe for More Information
08:40 EDTDHRDanaher acquisition pricey but still attractive, says Bernstein
Subscribe for More Information
08:04 EDTDHRDanaher commences split-off exchange offer for Communications business
Danaher (DHR) announced that it has commenced an exchange offer related to the split-off of its Communications business. The split-off transaction is in connection with the previously announced combination of Danaher's Communications business with NetScout (NTCT). The exchange offer is designed to permit Danaher stockholders to exchange all or a portion of their shares of Danaher common stock for common units of Potomac Holding at a discount of 7% to the per-share value of NetScout common stock, subject to an upper limit of 2.2522 Potomac Holding LLC common units for each share of Danaher common stock tendered in the exchange offer.
07:34 EDTAAPLApple search volume continues to surge in China, says UBS
Subscribe for More Information
07:23 EDTDHRDanaher worth $100/share on sum-of-the-parts, says Jefferies
Subscribe for More Information
07:01 EDTDHRDanaher paid an expensive price for Pall Corp., says Deutsche Bank
Subscribe for More Information
06:37 EDTTDISH, Cogent ask FCC to set conditions for AT&T acquisition, Reuters says
DISH (DISH) and Cogent Communications (CCOI) asked the FCC to force AT&T (T) to sell Internet service as a standalone service, as a condition of the telecom giant's proposed acquisition of DirecTV (DTV), according to Reuters. DISH and Cogent also asked the agency to make AT&T sell standalone Internet service at a reasonable price and at the same speeds it provides in package deals, the news service stated. Reference Link
06:29 EDTAAPLApple Music to have deep social integration for artists, 9to5Mac reports
Subscribe for More Information
06:17 EDTAAPLApple plans expansion of key Irish plant, Irish Independent reports
Subscribe for More Information
06:16 EDTAAPLApple and A123 prepare to settle employee-poaching lawsuit, WSJ reports
Subscribe for More Information
06:06 EDTTDISH plans to enter wireless business, Yahoo reports
DISH (DISH) plans to enter the wireless business in an attempt to become the only provider to offer wireless voice, video and data services, Adam Samson of Yahoo Finance reports, citing an internal document. The document, marked confidential, obtained by Yahoo indicates Dish is looking to hire a chief marketing officer to help guide its move into the wireless space, Samson adds. The move comes after DISH acquired nearly half of the spectrum licenses offered in a U.S. government auction. The top U.S. wireless providers are Verizon (VZ), AT&T (T), T-Mobile (TMUS) and Sprint (S). Reference Link
05:30 EDTDHRPall Corp. downgraded to Market Perform from Outperform at William Blair
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 7 | 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