New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 8, 2012
10:08 EDTWDAY, BSMX, XRAY, ABAX, WOOF, JMI, CREE, SIRO, IDXX, ALGN, WWDOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Abaxis (ABAX) initiated with a Buy at Stifel Nicolaus... Align Technology (ALGN) initiated with a Buy at Stifel Nicolaus... Cree (CREE) initiated with an Outperform at Wedbush... Dentsply (XRAY) initiated with a Hold at Stifel Nicolaus... IDEXX (IDXX) initiated with a Hold at Stifel Nicolaus... Javelin Mortgage (JMI) initiated with an Outperform at Oppenheimer... Santander Mexico (BSMX) initiated with a Buy at Goldman... Sirona Dental (SIRO) initiated with a Buy at Stifel Nicolaus... VCA Antech (WOOF) initiated with a Hold at Stifel Nicolaus... Woodward (WWD) initiated with a Hold at Jefferies... Workday (WDAY) initiated with an Outperform at JMP Securities.
News For ABAX;ALGN;CREE;XRAY;IDXX;JMI;BSMX;SIRO;WOOF;WWD;WDAY From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
April 17, 2015
10:39 EDTCREECree April weekly volatility elevated at 126 into Q1 and outlook
Cree April weekly call option implied volatility is at 86, May is at 56, June is at 41, September at 36; compared to its 26-week average of 37 according to Track Data, suggesting larger near term price movement into the expected release of Q1 results on April 21.
April 16, 2015
17:55 EDTWDAYCloud computing firms lower after ServiceNow reports Q1 results, guidance
Subscribe for More Information
08:18 EDTWDAYEvery growth investor should have some exposure to Workday, says Canaccord
Subscribe for More Information
April 10, 2015
08:56 EDTALGNAlign Technology shares 'approaching a floor,' says Stifel
Subscribe for More Information
08:30 EDTWDAYWorkday to hold financial analyst day
Financial Analyst Day to be held in San Francisco on April 15 at 12 pm. Webcast Link
April 9, 2015
16:13 EDTABAXAbaxis management to meet with Sidoti
Meeting to be held in San Diego, California on April 10 hosted by Sidoti.
April 8, 2015
09:05 EDTWDAYWorkday expands New York headquarters within Empire State Realty portfolio
Workday (WDAY) has expanded its New York headquarters within the Empire State Realty (ESRT) portfolio, relocating from approximately 7,000 square feet at One Grand Central Place to 21,401 square feet on the 49th floor of the Empire State Building.
April 7, 2015
16:18 EDTWWDOn The Fly: Closing Wrap
Stocks on Wall Street opened in positive territory, extending their gains from yesterday. The economic calendar was relatively quiet and the volume was light as investors moved to the sidelines ahead of the start of the first quarter earnings season, which kicks off tomorrow after the close with Alcoa's (AA) report. A late day slide saw the major averages give up their gains, leaving the Dow, Nasdaq and S&P 500 a bit below where they had started the day. ECONOMIC EVENTS: In the U.S., the JOLTs report showed job openings rose 168K to 5.13M in February, topping the consensus forecast for about 5M opening. Consumer credit climbed $15.5B in February, versus the expectation for consumers to have added $12.5B in new credit. In Europe, Markit's composite PMI for the eurozone came in at 54.0, which was down slightly from the flash reading of 54.1 but up from 53.3 in February and matched the prior peak seen in April of last year. Elsewhere globally, the central banks of Australia and India left their respective key interest rates unchanged, as expected. COMPANY NEWS: Shares of FedEx (FDX) advanced $4.49, or 2.69%, to $171.16 after the shipper announced a conditional deal to acquire TNT Express (TNTEY) for EUR 8.00 per share in a transaction valuing the Netherlands-based express delivery company at an implied equity value of about $4.8B. The company hopes it is more successful in its acquisition attempt than rival UPS (UPS), which had agreed a number of years ago to buy TNT for EUR 9.50 per share. UPS pulled out of its planned purchase after its proposed deal for TNT was blocked by regulators. MAJOR MOVERS: Among the notable gainers was Axalta Coating Systems (AXTA), which gained $2.78, or 9.81%, to $31.11 after an affiliate of Warren Buffett's Berkshire Hathaway (BRK.A) agreed to buy 20M of Axalta’s common shares for an aggregate purchase price of $560M, or $28.00 per share, from The Carlyle Group (CG). Also higher was Informatica (INFA), which advanced $1.96, or 4.28%, to $47.79 after agreeing to be acquired by the Permira funds and Canada Pension Plan Investment Board for approximately $5.3B, or $48.75 in cash per share. The official announcement follows recent stories from Reuters that the company was working on a deal with a private equity buyer. Among the noteworthy losers was Ocular Therapeutix (OCUL), which dropped $7.25, or 18.93%, to $31.05 after reporting that the company’s second of two Phase 3 clinical trials evaluating the safety and efficacy of its lead product candidate, OTX-DP, met only one of the study’s two primary efficacy endpoints. Also lower were shares of Woodward (WWD), which fell $3.06, or 5.95%, to $48.36 after Jefferies downgraded the stock to Hold from Buy and set a $52 price target on the shares, saying FY15 is another transition year for the company. INDEXES: The Dow slipped 5.43, or 0.03%, to 17,875.42, the Nasdaq lost 7.08, or 0.14%, to 4,910.23, and the S&P 500 declined 4.29, or 0.21%, to 2,076.33.
16:03 EDTALGNAlign Technology, ClearCorrect reach agreement to resolve ITC enforcement action
Subscribe for More Information
12:13 EDTWWDWoodward weakness a buying opportunity, says Stifel
Subscribe for More Information
10:05 EDTWWDOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
05:46 EDTWWDWoodward downgraded to Hold from Buy at Jefferies
Jefferies downgraded Woodward to Hold with a $52 price target saying FY15 is another transition year for the company.
April 6, 2015
10:18 EDTCREECree puts active on renewed takeover chatter
Subscribe for More Information
10:07 EDTCREERumor: Cree moves up on renewed takeover chatter
Subscribe for More Information

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