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Stock Market & Financial Investment News

News Breaks
December 13, 2012
18:54 EDTCYTX, ZQK, ADBE, NIHD, NUVA, UTX, PAY, SZYMOn The Fly: After Hours Movers
UP AFTER EARNINGS: Adobe (ADBE), up 6%... ALSO HIGHER: Solazyme (SZYM), up 10% after filing a $30M mixed securities shelf... NuVasive (NUVA), up 3% after releasing $62.5M from escrow following court ruling... DOWN AFTER EARNINGS: Quicksilver (ZQK), down 16%... VeriFone Systems (PAY), down 6%... ALSO LOWER: NII Holdings (NIHD), down 6% after naming an interim CEO... Cytori Therapeutics (CYTX), down 12% after proposing a common stock offering... United Technologies (UTX), down 1% after providing FY12, FY13 EPS guidance.
News For ADBE;SZYM;NUVA;ZQK;PAY;NIHD;CYTX;UTX From The Last 14 Days
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May 24, 2013
08:11 EDTUTXPentagon estimates Lockheed Martin's F-35 fighter costs decline, Bloomberg says
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07:58 EDTZQKQuiksilver appoints Nicholas Drake as Chief Marketing Officer
Quiksilver announced the appointment of Nicholas Drake as Chief Marketing Officer, effective July 1. Drake most recently served as Managing Director of TBWA/Chiat/Day Los Angeles, an integrated advertising agency.
May 23, 2013
10:08 EDTPAYOn The Fly: Analyst Upgrade Summary
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08:05 EDTNIHDNII Holdings announces decision to split positions of chairman, CEO
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06:25 EDTPAYVeriFone upgraded to Buy from Neutral at SunTrust
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May 22, 2013
07:48 EDTNUVAFDA Orthopaedic and Rehabilitation Devices Panel to hold a meeting
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May 21, 2013
07:32 EDTADBECTIA–The Wireless Association to host a conference
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07:18 EDTUTXElectrical Products Group to host a conference
2013 EPG Conference is being held on Longboat Key, Florida on May 20-22 with webcasted company presentations to begin on May 21 at 7:30 am; not all company presentations may be webcasted. Webcast Link
May 20, 2013
15:53 EDTNUVANuVasive removed from Best Ideas List at Barrington
Barrington removed NuVasive from its Best Ideas List due to recent outperformance but reiterates its Outperform rating.
08:26 EDTNIHDNII Holdings management to meet with Wells Fargo
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May 17, 2013
10:07 EDTNUVAOn The Fly: Analyst Initiation Summary
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09:05 EDTSZYMKeating Capital announces exit from Solazyme stake
Keating Capital (KIPO) announced that it sold the remaining 147,927 shares it held in Solazyme (SYZM) during May 2013. The sale generated net proceeds of $1.55M, or $10.51 per share, and a net realized gain of $49,820, or approximately 0.5c for each Keating Capital share outstanding.
06:41 EDTNUVANuVasive initiated with a Buy at WallachBeth
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May 16, 2013
18:41 EDTZQKQuiksilver announces multi-year profit improvement plan
Quiksilver announced an aggressive multi-year profit improvement plan designed to accelerate the company's three fundamental strategies of strengthening brands, growing sales and driving operational efficiencies. The plan's initiatives focus on prioritizing the company's core brands, globalizing key functions and reducing its cost structure. The company expects that the plan, when fully implemented in 2016, will improve EBITDA by approximately $150M, of which approximately one-half will come from supply chain optimization and the other half primarily from corporate overhead reductions, licensing opportunities, net revenue growth and improved pricing management, compared with 2012 results. More specifically, the plan calls for improvement, over the same period, in the following areas: Net revenues to see compound annual growth rate of approximately 2.5%, and EBITDA to increase to at least 13% of net revenues.
May 14, 2013
09:27 EDTADBEAdobe weakness would be buying opportunity, says Cowen
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07:18 EDTNUVABofA/Merrill to host a conference
2013 Health Care Conference is being held in Las Vegas on May 14-16.
May 13, 2013
12:56 EDTSZYMSolazyme May and June volatility elevated on sharp rally
Solazyme May call option implied volatility is at 64, June is at 63, September is at 45, December is at 40; compared to its 26-week average of 46 according to Track Data, suggesting large near term price movement.
10:01 EDTUTXSikorsky S-76D helicopter achieves certification in Mexico
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