New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
September 17, 2013
18:56 EDTFIVE, ADBE, AFOP, CBMX, DLTROn The Fly: After Hours Movers
UP AFTER EARNINGS: Adobe Systems (ADBE), up 5.8%. ALSO HIGHER: Dollar Tree (DLTR), up 3.5% after announcing a $2B share repurchase program... Alliance Fiber Optic (AFOP), up 12.7% after raising its third quarter revenue outlook to $22M from a previous range of $19.5M-$20.5M. LOWER: Five Below (FIVE), down 3% after filing to sell 7.1M common shares for selling shareholders... CombiMatrix (CBMX), down 2.6% after filing to sell $10M of Class A and Class B units.
News For ADBE;DLTR;AFOP;FIVE;CBMX From The Last 14 Days
Check below for free stories on ADBE;DLTR;AFOP;FIVE;CBMX the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
April 14, 2014
07:06 EDTADBEU.S. Geospatial Intelligence Foundation to hold a symposium
GEOINT 2013 Symposium, originally scheduled for October 2013, is being held in Tampa, Florida on April 14-17.
April 10, 2014
13:14 EDTDLTRFamily Dollar slides after holiday disappointment prompts store closures
Shares of discount retailer Family Dollar (FDO) are falling after the company reported second quarter earnings per share and revenue that fell below expectations, along with third quarter and FY14 projections that are lower than analysts' consensus. WHAT'S NEW: This morning, Family Dollar reported second quarter earnings per share of 80c, which fell below analysts consensus of 90c. The company reported second quarter revenue of $2.72B, while analysts projected $2.77B. Family Dollar, which reported that its second quarter same-store-sales decreased by 3.8%, said the holiday season was challenged by "a more promotional competitive environment and a more financially constrained consumer" and that its results were also significantly impacted by severe winter weather like many retailers. The company expects third quarter earnings per share excluding-items to be 85c-95c, while analysts project a 98c consensus. Family Dollar said that it sees FY14 earnings per share excluding items to be $3.05-$3.25, which is at the lower end of analysts' estimations. Family Dollar noted that it expects to close nearly 370 underperforming stores in the second half of FY14 and slow new store growth beginning in FY15. WHAT'S NOTABLE: During Family Dollar's earnings conference call, the company said that it plans to slow square footage growth in the beginning of FY14 and said that it recently cut about 10% of its corporate workforce. ANALYST OPINION: Wells Fargo analyst Matt Nemer said Family Dollar's third quarter negative comp guidance and commentary about a challenging macro environment could pressure its own shares as well as those of its peers Dollar General (DG) and Dollar Tree (DLTR). However, Family Dollar's store closures combined with a decrease in future store growth could ultimately have positive implications for its competitors, Nemer added. On March 4, Credit Suisse said Family Dollar's underperformance compared to Dollar General and significant earnings possibilities gives the rationale for a potential merger of the two. On February 19, Credit Suisse analyst Michael Exstein suggested that Wal-Mart (WMT) should consider acquiring Family Dollar as a way to "jumpstart" its small store effort. CNBC's David Faber reported the same morning that Exstein published his note that Family Dollar was not holding any talks about selling itself at that time. PRICE ACTION: During afternoon trading, shares of Family Dollar decreased $1.54, or 2.61%, to $57.53, Dollar Tree dropped 2.5%, and Dollar General fell about 1.5%.
09:14 EDTADBEAdobe risk/reward ratio great, says Pacific Crest
Subscribe for More Information
07:15 EDTFIVEFive Below management to meet with UBS
Subscribe for More Information
April 8, 2014
09:34 EDTFIVECitadel reports 5.9% passive stake in Five Below
Subscribe for More Information
08:08 EDTADBECost to Apple, Google, Intel, of 'no-poaching' deal may be high, DealBook says
Some of the of the biggest names in tech, including Apple (AAPL), Google (GOOG), Intel (INTC)and Adobe (ADBE), are at the center of a class-action suit that seeks $9B as compensation for employees who contend the tech giants colluded to prevent their employees from being hired at rivals, reported The New York Times' DealBook. Reference Link
07:42 EDTADBEAdobe pullback a buying opportunity, says Cowen
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