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Stock Market & Financial Investment News

News Breaks
July 21, 2014
09:10 EDTHAS, YUM, VRX, EGAS, RAI, AGN, PETS, HAL, GPRO, MO, EMC, MCD, EXTR, KNDI, LO, TSLAOn The Fly: Pre-market Movers
HIGHER: Allergan (AGN), up 0.5% after Q2 results, FY14 outlook beat expectations and the company announces plans to reduce workforce by about 1,500 employees as part of restructuring. Also, Valeant (VRX) announced it has contacted both the SEC and Canadian financial authorities regarding Allergan's "apparent attempt to mislead investors and manipulate the market for Valeant common shares by continuing to make false and misleading statements regarding Valeant's business"... Extreme Networks (EXTR), up 13% after raising Q4 EPS, revenue view... Gas Natural (EGAS), up 6% after confirming it rejected $13 per share unsolicited offer from Algonquin Power... EMC (EMC), up 4.5% after the WSJ says Elliot Management took a stake of over $1B in the firm and plans to push the company to break itself up... GoPro, (GPRO), up 2.8% after initiated at several firms including Citigroup, Barclays and JPMorgan... Kandi Technologies (KNDI), up 6% after China Daily said China will not to waive a sales tax on electric cars made by foreign companies. Tesla (TSLA) is down 1% following the report. UP AFTER EARNINGS: Halliburton (HAL), up 0.5%... LOWER: Reynolds American (RAI), down 2.3% after a Florida jury hit the company with $23.6B in punitive damages in a lawsuit filed by the widow of a longtime smoker. Shares of fellow tobacco companies also fell after the jury decision, as Lorillard (LO) fell 2% and Altria (MO) slid 1.6%... Yum! Brands (YUM), down 2% after AP reported that a Shanghai TV station said a food supplier sold expired beef and chicken to the company's KFC brand in China along with to McDonald's (MCD), which is down 0.7%. DOWN AFTER EARNINGS: PetMed Express (PETS), down 2.4%... Hasbro (HAS), down 1.3%.
News For AGN;TSLA;EMC;RAI;LO;MO;EGAS;KNDI;GPRO;VRX;EXTR;HAL;YUM;MCD;PETS;HAS From The Last 14 Days
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December 8, 2014
12:00 EDTGPROGoPro December weekly puts active
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11:31 EDTGPROStocks with call strike movement; RIG GPRO
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11:30 EDTGPROGoPro mentioned cautiously in Seeking Alpha blog
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11:22 EDTTSLATesla estimated to sell 1,200 Model S in U.S. in November, InsideEVs says
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10:08 EDTMCDMcDonald's falls on weak November sales, levels to watch
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09:48 EDTMCDMarket begins lower, averages turns mixed in early trade
Stock futures trade below fair value throughout the pre-market trading session, leading to a lower open for the broader market. The Dow finished last week at an all-time high and just slightly below its next milestone level of 18,000, but it continues to be weighed on during early trading from McDonald's (MCD), which is down over 3% following its November sales report. In early trading, the Dow is down 17 points, the Nasdaq is up 7 points and the S&P is down 1 point.
09:38 EDTMCDMcDonald's sees Q4 margins 'significantly pressured' by top-line performance
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09:22 EDTTSLATesla weakness a buying opportunity, says RW Baird
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09:20 EDTMCDOn The Fly: Pre-market Movers
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09:13 EDTYUMYum! Brands to host analyst and investor meeting
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09:04 EDTGPROGoPro should be bought ahead of Q4 results, says JMP Securities
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08:33 EDTEXTRExtreme Networks and IMG form strategic partnership
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08:25 EDTRAIReynolds American CFO change not related to negative event, says RBC Capital
After Reynolds' CFO retired, RBC Capital says that the CFO's retirement appears to have been planned ahead of time and does not indicate any problems at the company. The firm keeps a Top Pick rating on the shares.
07:59 EDTMCDMcDonald's reports November global comparable sales decreased 2.2%
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07:32 EDTGPRORaymond James to hold a conference
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07:29 EDTAGNUBS to hold investor trip
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07:28 EDTGPROFBN Securities to hold a bus tour
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07:18 EDTAGNUBS to hold investor trip
2014 Annual West Coast Investor Trip travels on the West Coast on December 8-10.
06:46 EDTYUMYum! Brands coverage resumed with a Sell at Goldman
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06:42 EDTMCDMcDonald's coverage resumed with a Neutral at Goldman
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