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Stock Market & Financial Investment News

News Breaks
March 29, 2012
10:20 EDTAGEN, YHOO, TSRA, SGYP, SWK, ROST, RVBD, POT, GOOG, AMZN, AGU, EBAYOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Agenus (AGEN) initiated with a Buy at Roth Capital...Agrium (AGU) initiated with a Buy at Stifel Nicolaus...Amazon.com (AMZN) initiated with a Buy at ThinkEquity...Google (GOOG) initiated with a Buy at ThinkEquity...Potash (POT) initiated with a Buy at Stifel Nicolaus...Potash initiated with an Outperform at Raymond James...Riverbed (RVBD) initiated with a Buy at Capstone...Ross Stores (ROST) initiated with an Outperform at William Blair...Stanley Black & Decker (SWK) initiated with a Market Perform at Wells Fargo...Synergy Pharmaceuticals (SGYP) initiated with a Buy at Brean Murray...Tessera (TSRA) initiated with a Buy at Cantor...Yahoo! (YHOO) initiated with a Hold at ThinkEquity...eBay (EBAY) initiated with a Buy at ThinkEquity.
News For AGEN;AGU;AMZN;GOOG;POT;RVBD;ROST;SWK;SGYP;TSRA;YHOO;EBAY From The Last 14 Days
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July 14, 2014
10:59 EDTRVBDElliot reaffirms $21 Riverbed bid following Q2 warning
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10:54 EDTRVBDRiverbed Q2 miss strengthens Elliot case, says Wells Fargo
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10:20 EDTYHOOYahoo volatility increases into Q2 and growth outlook
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10:15 EDTAMZN, GOOGAmazon hires Google Glass creator Babak Parviz, TechCrunch reports
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10:02 EDTRVBDElliott Management reaffirms $21 per share cash bid for Riverbed
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10:00 EDTEBAYOn The Fly: Analyst Downgrade Summary
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09:36 EDTAMZNActive equity options trading on open
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09:25 EDTGOOGGoogle looked to Page, Brin to woo Facebook workers, WSJ says
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09:16 EDTEBAY, RVBDOn The Fly: Pre-market Movers
HIGHER: Citigroup (C), up 3.6% after reporting better than expected Q2 results, announcing $7B settlement with DOJ and FDIC... Apple (AAPL), up 0.7% after Barclays upgrades stock to Overweight, Morgan Stanley raises Apple estimates above consensus... Shire (SHPG), up 1.6% after receiving revised proposal from AbbVie (ABBV) of GPB 53.20 per share, which it says it would be willing to recommend to Shire shareholders. AbbVie is down 2.8% after the news... Mylan (MYL), up 4% after acquiring Abbott's (ABT) non-U.S. developed markets specialty and branded generics business in all-stock transaction valued at about $5.3B. Abbott up 1.6% after the news... Progenics (PGNX), up 13% after FDA says RELISTOR can be approved on data submitted in sNDA... Exelixis (EXEL), up 13% after announcing coBRIM Phase 3 trial met primary endpoint... URS (URS) up 8% after acquired by AECOM Technology (ACM) for $56.31 per share. AECOM shares alos up 2% after deal announcement... Whiting Petroleum (WLL), up 4.5% after agreeing to acquire Kodiak Oil & Gas (KOG) in a $6B transaction. Kodiak Oil & Gas up 3%... Kandi Technologies (KNDI), up 11% after announcing JV's sale of 4,114 EVs in Q2. LOWER: Riverbed (RVBD), down 4.5% after saying it sees its Q2 adjusted EPS at low end of 26c-28c range... Harmonic (HLIT), down 13% after reporting preliminary Q2 earnings results.. EBay (EBAY), down 0.5% after downgraded at Pacific Crest, confirming partnership plans with Sotheby's (BID).
09:14 EDTRVBDRiverbed falls on Q2 EPS view, levels to watch
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08:40 EDTYHOOYahoo, AOL unlikely to be plotting merger at Sun Valley conference, Re/code says
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08:32 EDTRVBDRiverbed CEO says Q2 sales 'below expectations'
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08:31 EDTRVBDRiverbed sees Q2 adjusted EPS at low end of 26c-28c range, consensus 27c
Cuts Q2 adjusted revenue view to $264M-$265M from $274M-$280M, consensus $277.42M. “Second quarter sales were below our expectations, principally in North America as we experienced longer sales cycles on some of our larger and more complex deals. We have carefully reviewed our opportunities and prospects for the remainder of the year and continue to have confidence in our ability to grow the business and deliver targeted earnings performance,” said Jerry M. Kennelly, chairman and CEO, Riverbed. “During the quarter, we continued to prudently manage expenses and focus on achieving operating leverage, as demonstrated by our solid EPS performance within our guided range.”
08:10 EDTGOOGEndurance announces extension of partnership with Google
Endurance International Group (EIGI) announced the extension of its partnership with Google (GOOG) for the Get Your Business Online initiative. The partnership will allow more businesses to benefit from the overall web presence solutions the program provides. The Get Your Business Online program has already provided web presence services and support to bring hundreds of thousands of American businesses online for the first time.
08:07 EDTEBAYeBay Sotheby's confirm partnership plans
eBay (EBAY) and Sotheby’s (BID) announced a partnership to develop an innovative online platform that will make it easier for millions of people worldwide to discover, browse and acquire exceptional works of art, antiques and collectibles. eBay and Sotheby’s will start by offering a number of live auctions that are taking place at Sotheby’s headquarters in New York. To accomplish this, eBay in the near future will be launching a newly-designed experience on its site, tailored for collectors of rare, unique and premium art and collectibles as well as first-time buyers. Sotheby’s will be the preeminent anchor tenant in the revamped marketplace, which will include a new live auction feature and real-time bidding from anywhere around the world. The Sotheby’s auctions will present 18 collecting categories. Going forward, the partnership will explore themed and time-based sales, as well as live auctions from Sotheby’s other global salesrooms. Evening Sales will not be included.
06:35 EDTEBAYSotheby's, eBay to stream auctions, NY Times reports
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06:10 EDTGOOGTaiwan touch panel makers see more orders from handset vendors, DigiTimes says
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06:06 EDTEBAYeBay downgraded to Sector Perform from Outperform at Pacific Crest
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06:05 EDTYHOOYahoo acquires Israeli video startup RayV, terms not disclosed
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06:05 EDTSGYPSynergy Pharmaceuticals completes first half of enrollment in plecanatide trial
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