New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 17, 2014
09:59 EDTHBHC, EFX, BWP, AKZOY, SCTY, NBG, GOGO, EIX, BAC, AEM, WTFC, RALY, MDW, FRC, BOFI, AA, SPLK, NFLXOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Agnico-Eagle (AEM) upgraded to Buy from Hold at Desjardins... AkzoNobel (AKZOY) upgraded to Neutral from Reduce at Nomura... Alcoa (AA) upgraded to Sector Perform from Underperform at RBC Capital... Bank of America (BAC) upgraded at Oppenheimer... Boardwalk Pipeline (BWP) upgraded to Overweight from Underweight at JPMorgan... BofI Holding (BOFI) upgraded to Buy from Neutral at Sterne Agee... Edison International (EIX) upgraded to Buy from Hold at Jefferies... Equifax (EFX) upgraded to Buy from Hold at Deutsche Bank... First Republic Bank (FRC) upgraded to Outperform from Market Perform at Fig Partners... Gogo (GOGO) upgraded to Overweight from Neutral at JPMorgan... Hancock Holding (HBHC) upgraded to Outperform from Market Perform at Raymond James... Midway Gold (MDW) upgraded to Speculative Buy from Hold at Canaccord... National Bank of Greece (NBG) upgraded to Neutral from Underweight at JPMorgan... Netflix (NFLX) upgraded to Outperform from Sector Perform at Pacific Crest... Rally Software (RALY) upgraded to Overweight from Neutral at Piper Jaffray... SolarCity (SCTY) upgraded to Outperform from Neutral at RW Baird... Splunk (SPLK) upgraded to Buy from Outperform at CLSA... Wintrust Financial (WTFC) upgraded to Buy from Neutral at DA Davidson.
News For AEM;AKZOY;AA;BAC;BWP;BOFI;EIX;EFX;FRC;GOGO;HBHC;MDW;NBG;NFLX;RALY;SCTY;SPLK;WTFC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | all recent news | >>
November 11, 2014
06:59 EDTBACBank of America's head of FICC trading to retire by year-end, WSJ reports
Bank of America's head of global fixed income, currencies and commodities trading trading, David Sobotka, will retire by year-end, the Wall Street Journal reports, citing an internal memo sent to employees. Sobotka is planning to take some time off before deciding on his next steps. Sources say BofA will name Sobotka's replacement by the end of the year. Reference Link
November 10, 2014
16:44 EDTNFLXOn The Fly: Closing Wrap
Subscribe for More Information
15:55 EDTGOGOGogo continues to climb higher, levels to watch
Subscribe for More Information
15:44 EDTSPLKAmazon Web Services to hold a conference
Subscribe for More Information
14:09 EDTNFLXBoehner strongly opposes net neutrality
Subscribe for More Information
13:26 EDTNFLXCable providers fall after Obama weighs in on net neutrality
Subscribe for More Information
13:14 EDTGOGOAT&T not entering Inflight Connectivity space, RGN reports
AT&T (T) decided not to enter the inflight connectivity after deeming the space too risky, RGN reports, citing sources. AT&T confirmed in a statement to the website, "After a thorough review of our investment portfolio, the company decided to no longer pursue entry into the Inflight Connectivity industry." AT&T's entrance into the space was seen as possibly competitive threat to Gogo (GOGO). Reference Link
12:24 EDTNFLXOn The Fly: Midday Wrap
Stocks on Wall Street were modestly higher at midday. The averages opened mixed, but very close to the flat line, and have continued to drift slowly higher from that point. There is little to stand in the way of the marketís drift, as the economic calendar is quiet, the earnings season is winding down, and the most closely watched geopolitical situations are currently status quo. ECONOMIC EVENTS: In the U.S., little of note was on the economic calendar. The Federal Reserve's newly introduced Labor Market Conditions Index was flat at 4 in October. The Fed started updating estimates of the LMCI every month beginning with last month. COMPANY NEWS: Shares of Netflix (NFLX) advanced about 1% after xxx President Barack Obama publicly urged the Federal Communications Commission to implement the "strongest possible rules" to protect net neutrality. In response, Verizon (VZ) said it supports the open Internet and continues to believe that the "light-touch regulatory approach in place for the past two decades has been central to the Internetís success," adding that it believes the reclassification Obama called for would "apply 1930s-era utility regulation to the Internet" and be a "radical reversal of course" that would threaten great harm to an open Internet, competition and innovation." A number of Internet Service Providers, including Comcast (CMCSA), Time Warner Cable (TWC), Charter (CHTR) and Cablevision (CVC), moved lower after Obama weighed in on the hot-button issue. MAJOR MOVERS: Among the notable gainers was Achillion Pharmaceuticals (ACHN), which rose 22% after the company presented data from the ongoing Phase 2 study of its Hepatitis C virus treatment at the Annual Meeting of the American Association for the Study of Liver Diseases, or AASLD. Also higher was Dean Foods (DF), which rose more than 13% after the dairy products distributorís third quarter results, as well as its fourth quarter and full year profit outlook, surpassed analystsí consensus estimates. Among the noteworthy losers was Rayonier (RYN), which dropped 13% after management determined that there was a material weakness in the company's internal controls, restated certain previously made financial statements, and cut its dividend reflecting expectations of reduced cash available for distribution due to lower expected annual harvest levels. INDEXES: Near midday, the Dow was up 18.55, or 0.11%, to 17,592.48, the Nasdaq was up 10.77, or 0.23%, to 4,643.30, and the S&P 500 was up 4.01, or 0.2%, to 2,035.93.
09:45 EDTNFLXObama urges FCC to enact 'strongest possible rules' to protect net neutrality
Subscribe for More Information
09:43 EDTNFLXObama urges FCC to enact 'strongest possible rules' to protect net neutrality
Subscribe for More Information
09:20 EDTGOGOOn The Fly: Pre-market Movers
Subscribe for More Information
07:35 EDTSPLKSplunk volatility increases into Q3 and outlook
Splunk November call option implied volatility is at 92, December is at 65, January is at 57; compared to it 26-week average of 56 according to Track Data, suggesting large price movement into the expected release of Q3 on November 20.
07:33 EDTGOGOGogo reports Q3-end Business Aviation with 2,637 ATG systems online
Subscribe for More Information
07:32 EDTGOGOGogo reports Q3-end Commercial Aviation N America with 2,044 aircraft online
Average monthly service revenue per aircraft online increased to $10,134, up 22% from $8,338 in Q3 2013, driven by a 7% increase in take rate to 6.2% and an 8% increase in average revenue per session to $11.43 as a result of price increases and changes in product mix.
07:32 EDTGOGOGogo backs FY14 revenue $400M-$422M, conesnsus $407M
Subscribe for More Information
07:31 EDTGOGOGogo reports Q3 EPS (29c), consensus (26c)
Reports Q3 revenue $104.04M, consensus $103.73M; Reports Q3 adjusted EBITDA $1.2M. Reports Q3 Service revenue up 28% to $81.6M.
07:23 EDTNFLXRBC Capital to hold a conference
Subscribe for More Information
06:53 EDTBACBank of America, U.S. Bancorp settle bond trustee class action, Reuters says
Subscribe for More Information
06:46 EDTBACRegulators set new capital buffer rule for banks, Reuters reports
Global banks should have buffers of bonds or equity worth 16%-20% of their risk-weighted assets, beginning in January 2019, The Financial Stability Board decided, according to Reuters. The board said the buffer would prevent the need for government bailouts, the news service explained. Publicly traded global banks include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) Wells Fargo (WFC), Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), RBS (RBS) and UBS (UBS). Reference Link
05:58 EDTNFLXStocks with implied volatility below IV index mean; CHK NFLX
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 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