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Stock Market & Financial Investment News

News Breaks
January 25, 2013
10:07 EDTSKS, CHMT, WPRT, EBAY, SRPT, OMCL, STRZA, RHT, PKOH, MMC, FOR, BRO, BXP, BIOS, BMR, AON, AMZN, ACT, ACNOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Accenture (ACN) initiated with an Overweight at Evercore... Actavis (ACT) initiated with an Overweight at Morgan Stanley... Amazon.com (AMZN) initiated with a Buy at ISI Group... Aon Corp. (AON) initiated with a Market Perform at Wells Fargo... BioMed Realty (BMR) initiated with a Neutral at Goldman... BioScrip (BIOS) initiated with a Buy at SunTrust... Boston Properties (BXP) initiated with an Overweight at Evercore... Brown & Brown (BRO) initiated with a Market Perform at Wells Fargo... Forestar Group (FOR) initiated with a Buy at DA Davidson... Marsh & McLennan (MMC) initiated with an Outperform at Wells Fargo... Park-Ohio (PKOH) initiated with an Outperform at Imperial Capital... Red Hat (RHT) initiated with an Outperform at Northland Securities... Starz (STRZA) initiated with a Sell at Stifel Nicolaus... Starz (STRZA) initiated with an Underweight at Evercore... Omnicell (OMCL) initiated with a Buy at Benchmark Co... Sarepta (SRPT) initiated with an Outperform at Cowen... eBay (EBAY) initiated with a Positive at Susquehanna... Westport Innovations (WPRT) initiated with a Market Perform at Raymond James... Chemtura (CHMT) initiated with a Buy at Sidoti... Saks (SKS) initiated with a Buy at Maxim.
News For ACN;ACT;AMZN;AON;BMR;BIOS;BXP;BRO;FOR;MMC;PKOH;RHT;STRZA;OMCL;SRPT;EBAY;WPRT;CHMT;SKS From The Last 14 Days
Check below for free stories on ACN;ACT;AMZN;AON;BMR;BIOS;BXP;BRO;FOR;MMC;PKOH;RHT;STRZA;OMCL;SRPT;EBAY;WPRT;CHMT;SKS the last two weeks.
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August 21, 2014
12:44 EDTEBAYeBay says stance on PayPal hasn't changed, Reuters reports
eBay says it's stance on PayPal spinoff hasn't changed, Reuters reporter Deepa Seetharaman tweeted. "The board will continue to assess all alternatives" to create long term value, Seetharaman attributed eBay as saying.
12:24 EDTAMZNAmazon.com hired workers for drone delivery program, TechCrunch says
Amazon has hired several technical workers for its Amazon Prime Air project, which involves attempting to set up a program to deliver packages in 30 minutes or less using drones, according to TechCrunch. Among the employees that Amazon has hired for the project are former aerospace engineers, a NASA astronaut, a number of Microsoft researchers and Bing engineers, and the co-founder of Keyhole, the original developer of Google Earth, TechCrunch stated. Reference Link
11:59 EDTEBAYeBay rises sharply, levels to watch
Shares spiked on a report that the company may consider spinning-off PayPal. At the current price of $56.26, resistance is at $57.05, the session high. Support is at $55.70.
10:34 EDTEBAYeBay jumps after report says PayPal spin-off under consideration
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10:14 EDTEBAYeBay jumps 2% to $54.55 after The Information report on PayPal spin
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10:14 EDTEBAYeBay saying PayPal spin-off may come next year, The Information reports
eBay has been telling PayPal CEO candidates that it is considering spinning off the payments business as soon as next year, The Information reports, citing two people briefed on the conversations. Reference Link
09:01 EDTSRPTSarepta enters into partnership with Flagship Biosciences
Sarepta Therapeutics and Flagship Biosciences announced a multi-year, multi-product partnership for the development of automated quantitative endpoint measurements in muscular dystrophy to support the advancement of Sarepta’s Duchenne muscular dystrophy drug pipeline, including its lead candidate, eteplirsen. This newly established collaboration with Flagship demonstrates Sarepta’s commitment to enhancing the objective measurement of dystrophin in tissue samples for its growing pipeline of RNA-based therapeutics to treat DMD.
07:55 EDTACTActavis volatility expected to move on Pfizer considering new target report
Actavis (ACT) volatility is expected to move on Pfizer (PFE) considering other overseas alternatives, Bloomberg reports. Overall option implied volatility of 27 is near its 26-week average of 31 according to Track Data, suggesting decreasing price movement.
07:47 EDTACTPfizer looking at new targets, including Actavis, Bloomberg reports
While it weighs another attempt to acquire AstraZeneca (AZN), Pfizer is considering other overseas alternatives, including Actavis (ACT), Bloomberg reports, citing people familiar with the matter. Pfizer prefers to reach a deal with AstraZeneca, and a move on another company is unlikely "anytime soon," Bloomberg adds, citing its sources. Shares of Actavis are rising 3%, or $6.65, to $230.01 in pre-market trading, while AstraZeneca is up 2% to $72.59. Reference Link
07:38 EDTACTSupernus announces paragraph IV Abbreviated NDA filing for Trokendi XR
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06:02 EDTAMZNAmazon.com implied volatility of 22 at lower end of index mean range
August 20, 2014
06:40 EDTAMZNAmazon.com to launch China e-commerce hub, WantChinaTimes says
Amazon will launch an e-commerce hub in the Shanghai Pilot Free Trade Zone at the end of September, according to WantChinaTimes, which cited a report in Chinese-language news agency the Paper. The hub will enable Amazon to bring goods from around the world to China, and to sell China's goods to buyers around the world, WantChinaTimes explained. Reference Link
06:11 EDTEBAYeBay volatility at record low
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06:02 EDTAMZNAmazon.com implied volatility of 21 at lower end of index mean range
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August 19, 2014
16:00 EDTEBAYOptions Update; August 19, 2014eBay
iPath S&P 500 VIX Short-Term Futures down 28c to 27.52. Option volume leaders: AAPL C HD PBR GILD AA NFLX TWTR TSLA EBAY according to Track Data.
13:04 EDTEBAYPayPal taking up Braintree’s Venmo Touch technology, GigaOM says
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11:18 EDTACTDepomed announces favorable ruling in Gralise case
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10:32 EDTACTDepomed higher after favorable ruling in Gralise case
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07:26 EDTACTActavis confirms positive results from RECLAIM pivotal Phase III studies
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06:57 EDTAMZNAmazon.com implied volatility of 22 at lower end of index mean range
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