New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 18, 2014
10:01 EDTACHN, WETF, WLK, SPWH, KS, HK, HPQ, HMSY, EQR, DG, CEO, ZMHOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Achillion (ACHN) upgraded to Buy from Hold at Deutsche Bank... CNOOC (CEO) upgraded to Neutral from Underperform at Credit Suisse... Dollar General (DG) upgraded to Buy from Neutral at Sterne Agee... Equity Residential (EQR) upgraded to Hold from Underperform at Jefferies... HMS Holdings (HMSY) upgraded to Overweight from Equal Weight at First Analysis... HP (HPQ) upgraded to Buy from Neutral at Monness Crespi... Halcon Resources (HK) upgraded to Buy from Hold at MLV & Co.... KapStone (KS) upgraded to Buy from Hold at Deutsche Bank... Sportsman's Warehouse (SPWH) upgraded at RW Baird... Westlake Chemical (WLK) upgraded to Neutral from Reduce at SunTrust... WisdomTree (WETF) upgraded to Neutral from Sell at Citigroup... Zimmer (ZMH) upgraded to Outperform from Market Perform at William Blair.
News For ACHN;CEO;DG;EQR;HMSY;HPQ;HK;KS;SPWH;WLK;WETF;ZMH From The Last 14 Days
Check below for free stories on ACHN;CEO;DG;EQR;HMSY;HPQ;HK;KS;SPWH;WLK;WETF;ZMH the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
September 11, 2014
07:24 EDTKSUBS to hold a conference
Global Paper & Forest Products Conference to be held in New York on September 11 with webcasted company presentations to begin at 8:30 am; not all company presentations may be webcasted. Webcast Link
07:07 EDTHPQEMC to explore selling VMware stake, NY Post reports
Subscribe for More Information
September 10, 2014
13:03 EDTDGOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday, with the Nasdaq comfortably the leader among the major averages. The market opened relatively quietly as investors digested the bevy of research reports surrounding apple (AAPL) and the companies effected by its new products and services announced yesterday. The averages crossed into negative ground early in trading, made it back to positive territory just before the lunch hour, and now are all in the black. ECONOMIC EVENTS: In the U.S., wholesale inventories rose 0.1% in July, which was below expectations for an increase of 0.5%. Wholesale sales rose 0.7%, which was above the 0.6% increase that was forecast. COMPANY NEWS: The strength in the Nasdaq was largely attributable to Apple, which rose about 2.5% the day after unveiling two new, larger iPhone 6 models, the Apple Watch and a new payment system, named Apple Pay... Dollar General (DG) "went hostile" in its pursuit of peer Family Dollar (FDO), commencing a tender offer to acquire all of the company's outstanding shares for $80.00 per share in cash. Family Dollar confirmed the unsolicited offer, noting that the terms are the same as those in the previously rejected proposal made by Dollar General on September 2. Family Dollar said its board will review and consider Dollar Generalís tender offer, but added that the board has not changed its recommendation in support of the company's merger with Dollar Tree (DLTR). MAJOR MOVERS: Among the notable gainers was NPS Pharmaceuticals (NPSP), which rose 21% after several analysts said FDA briefing documents for an advisory panel meeting on its Natpara drug were more favorable than expected. Also higher was clothing and accessories retailer Land's End (LE), which gained nearly 17% after the company's second quarter results beat the estimate of the only analyst that covers it. Among the noteworthy losers was eBay (EBAY), which fell for a second straight day after Apple announced its new mobile payment system, Apple Pay, that could come in direct competition with eBay's PayPal service. Shares of PayPal's parent were downgraded to Neutral this morning at Piper Jaffray and fell 3% near noon. Also lower following yesterday's presentation by Apple was partner GT Advanced (GTAT), which was downgraded at Goldman, Piper Jaffray and Dougherty and dropped more than 14% after it was revealed that sapphire will be used in the display cover of Apple Watch but not the iPhone 6. INDEXES: Near midday, the Dow was up 16.02, or 0.09%, to 17,029.89, the Nasdaq was up 21.10, or 0.46%, to 4,573.38, and the S&P 500 was up 2.62, or 0.13%, to 1,991.06.
10:08 EDTDGFamily Dollar confirms Dollar General unsolicited tender offer
Subscribe for More Information
10:06 EDTDGFamily Dollar confirms Dollar General unsolicited tender offer
09:27 EDTDGDollar General tender for Family Dollar a logical next step, says Wells Fargo
Subscribe for More Information
08:31 EDTHPQRiverbed names Mike Nefkens, Steffan Tomlinson to board of directors
Subscribe for More Information
07:07 EDTEQRBofA/Merrill to hold a conference
Subscribe for More Information
06:19 EDTDGDollar General commences tender offer to acquire Family Dollar for $80/share
Dollar General (DG) announced that it has commenced a tender offer to acquire all outstanding shares of Family Dollar Stores (FDO) for $80.00 per share in cash. The offer is scheduled to expire at 5:00 p.m., New York City time, on October 8, 2014, unless the offer is extended. The full terms, conditions and other details of the tender offer are set forth in the offering documents that Dollar General will file today with the SEC. Dollar General also will promptly file for clearance under the Hart-Scott-Rodino Act, which will allow the company to begin the antitrust approval process with the FTC. Dollar Generalís all-cash offer of $80.00 per share provides Family Dollar shareholders with a "superior valuation" to the $74.50 per share cash / stock offer announced by Dollar Tree (DLTR) on July 28, 2014. Dollar Generalís offer provides Family Dollarís shareholders with approximately $640M of additional aggregate value over Dollar Treeís offer. As part of a definitive merger agreement with Family Dollar, Dollar General would be willing to agree to divest up to 1,500 stores if required by the FTC and to pay Family Dollar a $500M reverse break-up fee if the transaction did not close for reasons related to antitrust approvals.
06:01 EDTDGDollar General commences tender offer to acquire Family Dollar for $80/share
Subscribe for More Information
05:58 EDTACHNStocks with implied volatility above IV index mean; DISH ACHN
Subscribe for More Information
September 9, 2014
16:17 EDTKSKapStone COO Matthew Kaplan sells 350,000 common shares
Subscribe for More Information
14:04 EDTHPQHP price target raised to $43 from $40 at Argus
Subscribe for More Information
10:18 EDTDGDollar General listed among 5 largest long positions by Jana Partners
Subscribe for More Information
07:17 EDTHPQThe Wireless Association to hold a conference
Subscribe for More Information
06:34 EDTZMHZimmer price target raised to $148 from $119 at Piper Jaffray
Subscribe for More Information
06:03 EDTACHNStocks with implied volatility above IV index mean; DISH ACHN
Subscribe for More Information
September 8, 2014
16:16 EDTHMSYHMS Holdings appoints Jeffrey Sherman as CFO
HMS Holdings announced Jeffrey S. Sherman will serve as executive vice president, CFO and Treasurer. Jeff Sherman joins HMS from AccentCare, where he served as EVP/CFO.
13:26 EDTDGDollar General management to meet with Sterne Agee
Subscribe for More Information
07:26 EDTWLKWestlake Chemical reinstated with a Buy at BofA/Merrill
Target $110.
1 | 2 | 3 | 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