New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 6, 2014
10:07 EDTSALT, JKS, CLNE, PM, VLP, RMAX, IACI, ATHM, PNK, TLOG, TSL, DOC, HMHC, AIG, CALL, YPFOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: AIG (AIG) reinstated with an Outperform at Credit Suisse... Autohome (ATHM) initiated with a Neutral at Piper Jaffray... Clean Energy (CLNE) initiated with a Neutral at Citigroup... Houghton Mifflin (HMHC) initiated with an Outperform at Wells Fargo... IAC (IACI) initiated with an Equal Weight at Morgan Stanley... JinkoSolar (JKS) initiated with a Buy at Jefferies... Physicians Realty Trust (DOC) initiated with an Outperform at JMP Securities... RE/MAX Holdings (RMAX) initiated with a Market Perform at JMP Securities... Scorpio Bulkers (SALT) initiated with a Buy at Deutsche Bank... Trina Solar (TSL) initiated with a Buy at Jefferies... Valero Energy Partners (VLP) initiated with an Outperform at Credit Suisse... YPF SA (YPF) initiated with an Overweight at Morgan Stanley... TetraLogic (TLOG) initiated with a Buy at Guggenheim... Philip Morris (PM) initiated with a Sell at Standpoint Research... magicJack (CALL) initiated with a Buy at Canaccord... Pinnacle Entertainment (PNK) reinstated with a Sell at Goldman.
News For AIG;ATHM;CLNE;HMHC;IACI;JKS;DOC;RMAX;SALT;TSL;VLP;YPF;TLOG;PM;CALL;PNK From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
July 1, 2015
07:30 EDTTSLDrop is Solar stocks a buying opportunity, says Deutsche Bank
Deutsche Bank analyst Vishal Shah attributes the recent weakness in the Solar space to investor concerns around increased interest rate and growth uncertainty, especially of YieldCos. Shah, however, views YieldCos as a significant growth catalyst for the solar and broader renewables sector. The analyst expects the current weakness to provide an attractive entry point for longer term investors. Publicly traded companies in the space include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunPower (SPWR), Trina Solar (TSL) and Yingli Green Energy (YGE).
June 30, 2015
19:06 EDTTLOGOn The Fly: After Hours Movers
Subscribe for More Information
16:45 EDTTLOGTetraLogic announces preliminary data from Phase 2A study of birinapant
Subscribe for More Information
June 29, 2015
09:06 EDTJKSJinkoSolar considering privatization, says Roth Capital
Subscribe for More Information
08:28 EDTSALTScorpio Bulkers announces time charter-out agreement
Subscribe for More Information
June 26, 2015
17:01 EDTSALTScorpio Services reports 5.19% passive stake in Scorpio Bulkers
Subscribe for More Information
16:32 EDTIACIStocks end week lower with Greece still searching for deal
Subscribe for More Information
16:20 EDTPMPhilip Morris subsidiary to explore options for complying with requirement
Subscribe for More Information
10:00 EDTIACIOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
08:10 EDTIACIIAC upgraded to Equal Weight from Underweight at Morgan Stanley
Subscribe for More Information
08:01 EDTIACIIAC upgraded to Equal Weight from Underweight at Morgan Stanley
Subscribe for More Information
June 25, 2015
16:23 EDTIACIOn The Fly: Top stock stories for Thursday
Subscribe for More Information
13:11 EDTIACIIAC price target raised to $96 from $86 at Benchmark Co.
Benchmark Co. raised its price target for IAC/InterActiveCorp to $96 after the company announced its intention to spin off the Match Group through an initial public offering. The firm says that while it would prefer a spinoff without Barry Diller maintaining control of Match, the move should ultimately unlock additional value. It keeps a Buy rating on IAC.
12:51 EDTIACIOn The Fly: Top stock stories at midday
Stocks on Wall Street opened higher but quickly gave up most of their gains as investors awaited news of a deal being reached between Greece and its creditors. The averages bounced back when the Supreme Court issued its ruling upholding ACA subsidies, sending a number of healthcare linked stocks higher. The market remained in positive ground near noon, but well off its best levels. ECONOMIC EVENTS: In the U.S., personal income rose 0.5% in May, matching the consensus expectation, while spending rose 0.9%, topping the expected 0.7% increase. Initial jobless claims were 271,000 in the week ended June 20, versus expectations for 273,000 first-time claims. Markit's services index fell to 54.8 for the flash June reading, versus expectations for a rise to 56.5 from the 56.2 May reading. The Kansas City Fed manufacturing survey for June came in at -9, as expected. COMPANY NEWS: Shares of hospital operators and health insurers rose after the Supreme Court upheld the legality of subsidies provided under the framework of the Affordable Care Act. The 6 to 3 decision in the Burwell versus King case means that the government can continue to offer subsidies to low income people who purchase health insurance plans on the federal exchange. The plaintiffs in the case had asked the court to strike down such subsidies, saying that the ACA had only allowed the government to subsidize insurance bought on exchanges created by states. In the wake of the ruling, which has been eagerly anticipated, Tenet Healthcare (THC) and Community Health (CYH) both rose more than 14%, while HCA Holdings (HCA) advanced nearly 9%. MAJOR MOVERS: Among the notable gainers was IAC/InterActiveCorp (IACI), which advanced 5% after announcing that its board has approved the pursuit of an initial public offering for The Match Group, which includes dating website Match.com and mobile dating app Tinder. IAC expects Match Group to issue less than 20% of its common stock in the IPO, which is seen being completed during the fourth quarter of this year. Also higher was Magnum Hunter (MHR), which gained 5% after disclosing that it has now determined to pursue the sale by the company of 100% of its current equity ownership interest in Eureka Hunter Holdings. Among the noteworthy losers was World Acceptance (WRLD), which dropped 19% after the company entered into an amendment with its lenders on its revolving credit agreement. FBR Capital downgraded the stock to Market Perform and cut its price target for shares to $73 from $98 afterward, saying restrictive covenants in the latest amendment means free cash flow will now be used to pay down debt rather than buy back stock. Also lower were shares of Cree (CREE), which fell about 11% after the company announced last night that it has decided to restructure its LED Products business to reduce excess capacity and overhead following recent market trends that have resulted in higher LED average selling price erosion than previously forecast. Cree also lowered its Q4 revenue view and issued FY16 revenue guidance that was below the consensus expectation. INDEXES: Near midday, the Dow was up 18.88, or 0.11%, to 17,984.95, the Nasdaq was up 5.87, or 0.11%, to 5,128.29, and the S&P 500 was up 2.18, or 0.1%, to 2,110.76.
09:08 EDTIACIOn The Fly: Pre-market Movers
Subscribe for More Information
07:35 EDTIACIIAC announces intent to pursue IPO of The Match Group
IAC/InterActiveCorp announced that its board has approved the pursuit of an initial public offering of newly-issued shares of common stock of The Match Group. IAC also announced that Joey Levin, formerly CEO of its Search & Applications business, has been named CEO of IAC and joined its Board of Directors. Greg Blatt will remain Chairman, and Sam Yagan CEO, of The Match Group.
07:31 EDTIACIIAC to announce IPO of Match.com, CNBC reports
IAC will announce an IPO for Match.com, sources tell CNBC. Reference Link
07:18 EDTIACIIAC will announce IPO of Match.com, CNBC reports
Subscribe for More Information
07:16 EDTIACIIAC will announce IPO of Match.com, CNBC reports
Subscribe for More Information
June 24, 2015
17:57 EDTAIGWall Street applauds Senate giving go-ahead for 'fast track' trade powers
Subscribe for More Information
1 | 2 | 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