New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 22, 2014
09:16 EDTLXK, ITW, PLXT, ALSN, RVNC, BEBE, FB, XRX, MCD, HOG, GSK, NVS, FEYE, CMCSA, NFLX, VRX, AGNOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Netflix (NFLX), up 8%... Harley-Davidson (HOG), up 7%... PLX Technology (PLXT), up 8%... Illinois Tool (ITW), up 2.3%... Comcast (CMCSA), up 1%... McDonald's (MCD), up 0.6%. ALSO HIGHER: Allergan (AGN), up 17% after Valeant (VRX) confirms proposal to combine with the company for $48.30 and 0.83 shares of stock. Valeant is up 5% following its confirmation of the news that broke last night... GlaxoSmithKline (GSK), up 4.5% after agreeing to sell oncology products for $14.5B to Novartis (NVS) and buy Novartis' Vaccines business, currently excluding its flu business, for $7.1B plus royalties. Novartis shares trading in New York are also up 1% following the deals... Revance Therapeutics (RVNC), up 20% after announcing positive results from RT002 Phase 1/2 study... Facebook (FB), up 2% following upgrade at Credit Suisse. DOWN AFTER EARNINGS: Xerox (XRX), down 4%... Lexmark (LXK), down 4.8%. ALSO LOWER: Allison Transmission (ALSN), down 4% after filing to sell 25M shares for holders... FireEye (FEYE), down 2.9% after filing to sell 13.3M shares of common stock for holders... Bebe stores (BEBE), down 16% after reporting preliminary Q3 losses that were steeper than the consensus estimate.
News For AGN;VRX;NFLX;CMCSA;FEYE;NVS;GSK;HOG;MCD;XRX;FB;BEBE;RVNC;ALSN;PLXT;ITW;LXK From The Last 14 Days
Check below for free stories on AGN;VRX;NFLX;CMCSA;FEYE;NVS;GSK;HOG;MCD;XRX;FB;BEBE;RVNC;ALSN;PLXT;ITW;LXK the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | all recent news | >>
August 8, 2014
06:42 EDTRVNCRevance risk not heightened from FDA guidance, says Piper Jaffray
Piper Jaffray does not see heightened risk around Revance's RT001 after the FDA issued draft guidance on clinical endpoints for botulinum toxin products for the treatment of upper facial lines. The firm reiterates an Overweight rating on the stock with a $44 price target.
06:18 EDTGSKRoyal Bank of Scotland's Hampton leads race to become new GSK chair, FT reports
Royal Bank of Scotland (RBS) Chairman Philip Hampton is the frontrunner to succeed Christopher Gent as chairman of GlaxoSmithKline (GSK), the Financial Times reports, citing sources. Gent will step down from his role at GSK next year. Hampton is not expected to step down from RBS until after May's general election, the sources say. Reference Link
06:16 EDTAGN, VRXAllergan upgraded to Outperform from Market Perform at Leerink
Leerink upgraded its rating on Allergan (AGN) shares to Outperform citing a compelling risk/reward profile following the recent pullback in shares. The firm believes Valeant's (VRX) takeover attempt is having little if any impact on Allergan's business. Leerink has a $184 price target for Allergan shares, which closed yesterday down $5.18 to $151.92.
06:11 EDTMCDOSI withdraws products made in Shanghai in response to food scandal
After dealing with a food scandal, OSI China, parent company of Shanghai Husi Food, announced the withdrawal of products produced in Shanghai. The company said, "Husi is the subject of company and government investigations and it is proceeding smoothly. While there have been no reported illnesses linked to any Shanghai Husi products, recovering this production is an important step in facilitating the investigations and rebuilding the respect and trust of our customers, the government and the people of China. With assistances and guidance provided by Shanghai FDA, we have started the recovery process of products in question in a comprehensive and orderly." Worldwide brands such Yum! Brands (YUM) McDonald's (MCD) and Starbucks (SBUX) were affected by the scandal in China. Reference Link
05:50 EDTVRXStocks with implied volatility movement; TWX VRX
Stocks with implied volatility movement; Time Warner (TWX) 30, Valeant (VRX) 49 according to iVolatility.
05:48 EDTFEYEFireEye misconceptions adding to share sell-off, says Summit Research
Subscribe for More Information
August 7, 2014
15:33 EDTFBFacebook in talks with studios on content for Oculus Rift, The Information says
Subscribe for More Information
13:55 EDTRVNCRevance slides further following FDA's facial line product guidance
Subscribe for More Information
13:28 EDTRVNCRevance Therapeutics pullback a buying opportunity, says Cowen
Cowen says that while the FDA draft guidance on upper facial lines was surprising, it believes Revance's protocol for RT001 will be found acceptable. The firm recommends adding to Revance positions following the recent pullback and keeps an Outperform rating on the stock with a $55 price target.
13:25 EDTCMCSAEarnings Preview: CBS shares little changed since Q1 report
Subscribe for More Information
10:37 EDTFBPrivateCore to join Facebook
Subscribe for More Information
10:28 EDTFEYEOptions with decreasing implied volatility
Subscribe for More Information
10:24 EDTFBFacebook acquires security startup PrivateCore, VentureBeat reports
Subscribe for More Information
10:00 EDTITWOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:36 EDTNFLXActive equity options trading on open
Subscribe for More Information
08:38 EDTNVSEnanta's HCV NS5A inhibitor EDP-239 advances into combination studies
Subscribe for More Information
08:04 EDTITWIllinois Tool Works upgraded to Buy from Neutral at ISI Group
ISI Group upgraded Illinois Tool Works to Buy citing recent share weakness, year-to-date machinery sector underperformance, continued restructuring benefits and high operating leverage. Price target to $92 from $90.
06:42 EDTAGN, VRXObama to look to limit inversion deals, Politico says
Subscribe for More Information
06:41 EDTNFLXNetflix CEO says has more subscription revenue than HBO
Subscribe for More Information
06:02 EDTFBFacebook hires former BBM head Bocking to run Internet.org app, Re/code says
Facebook (FB) has hired Andrew Bocking to run its new Internet.org mobile app, reports Re/code. Bocking was previously head of BlackBerry Messenger (BBRY). Reference Link
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 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