New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 11, 2012
16:24 EDTFDO, DG, TNS, S, CASY, LINTA, CLWR, WBMD, TRIP, AIGOn The Fly: Closing Wrap
Stocks on Wall Street finished up on the day, though off their highs after a modest sell-off across the averages in the last hour of trading. House Speaker John Boehner spoke at midday and his comments did little to move the averages. A comment from Senate Majority Leader Harry Reid later in the afternoon, suggesting a solution to the fiscal cliff would not be reached before Christmas, dented the market a bit more than Boehner's press conference did, but not much... ECONOMIC EVENTS: In the U.S., the NFIB Small Business Optimism Index dropped 5.6 points to 87.5 in November, which was a steeper fall than forecast. The U.S. trade deficit widened to $42.2B in October from $41.5B a month earlier. Wholesale inventories increased 0.6% in October, versus expectations for an increase of 0.4%. The Job Openings & Labor Turnover report showed job openings rose 128K in October to 3.675M... COMPANY NEWS: The Treasury announced last night it was selling its remaining 234.2M share stake in American International Group (AIG), sending AIG up $1.90, or 5.70%, to $35.26 in today's session... CNBC's David Faber reported Sprint (S) is in active talks to acquire the 49% stake in Clearwire (CLWR) that it does not already own. Shares of Clearwire rose 28c, or 11.67%, to $2.68 following the report... Tripadvisor (TRIP) rose $2.52, or 6.56%, to $40.91 after Liberty Interactive (LINTA) acquired voting control of the travel site by purchasing 4.8M shares from media mogul Barry Diller for $62.50 per share. Following the transaction, Liberty owns 22% of TripAdvisor's equity but controls 57% of the voting power in the company... MAJOR MOVERS: Among the notable gainers were TNS (TNS), up $6.20, or 42.58%, to $20.76 after agreeing to be acquired by Siris Capital for $21 per share, and WebMD (WBMD), up $1.61, or 11.62%, to $15.46 after the company announced actions to cut operating expenses including workforce reductions. Also higher were shares of Casey's General Stores (CASY), up $2.66, or 5.48%, to $51.20 after the company reported in-line earnings and said it was evaluating strategic alternatives to maximize shareholder value, including the potential for restructuring as a REIT. Among the noteworthy losers was Dollar General (DG), down $3.63, or 7.79%, to $42.94 after its earnings report and guidance. Also lower were shares of peer Family Dollar (FDO) down $5.90, or 8.36%, to $64.68 following a downgrade to Neutral at JPMorgan and on read through from Dollar General's report... INDICES: The Dow was up 78.56, or 0.60%, to 13,248.44; the Nasdaq was up 35.34, or 1.18%, to 3,022.30; and the S&P 500 was up 9.29, or 0.65%, to 1,427.84.
News For AIG;CLWR;S;TRIP;LINTA;TNS;WBMD;CASY;DG;FDO 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 | >>
November 24, 2014
16:12 EDTCASYCasey's General Stores pays $30.4M plus interest to resolve tax error
Subscribe for More Information
16:10 EDTCASYCasey's General Stores to revise financial statements for accounting error
Subscribe for More Information
10:00 EDTWBMDOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:11 EDTTRIPTripAdvisor coverage assumed with an Outperform at Credit Suisse
Subscribe for More Information
08:22 EDTWBMDWebMD downgraded at SunTrust
Subscribe for More Information
07:12 EDTWBMDWebMD downgraded to Neutral from Buy at SunTrust
Subscribe for More Information
06:07 EDTDGStocks with implied volatility above IV index mean; DG UNG
Stocks with implied volatility above IV index mean; Dollar General (DG) 43, United States Natural Gas Fund (UNG) 62 according to iVolatility.
November 21, 2014
07:43 EDTFDODollar Tree price target raised to $74 from $68 at UBS
Subscribe for More Information
05:57 EDTDGStocks with implied volatility above IV index mean; DG GME
Subscribe for More Information
November 20, 2014
10:33 EDTDGHigh option volume stocks
High option volume stocks: KBR LM PRGO CHRW DG ZMH LGF ZTS OSIR REGI
09:30 EDTFDODollar Tree says working to close Family Dollar deal 'as soon as possible'
Subscribe for More Information
November 19, 2014
15:15 EDTFDO, DGDollar General affirms commitment to Family Dollar deal, says FTC review ongoing
Subscribe for More Information
15:14 EDTDG, FDODollar General says actively engaged in ongoing FTC review process for deal
Subscribe for More Information
15:13 EDTDG, FDODollar General affirms commitment to Family Dollar acquisition
08:31 EDTFDOFamily Dollar reschedules special meeting of shareholders to December 23
Subscribe for More Information
06:39 EDTFDO, DGDollar General may have to sell over 4K stores for deal approval, NY Post says
The Federal Trade Commission may require Dollar General (DG) to sell more than 4,000 of its stores to gain approval of its deal to buy Family Dollar (FDO), according to The New York Post. Dollar General had previously said that it was willing to sell 1,500 of its stores to facilitate the deal, the newspaper stated. Reference Link
November 18, 2014
06:27 EDTSSprint's Chief Marketing Officer to leave company, WSJ reports
Subscribe for More Information
06:23 EDTSSprint names Douglas Michelman to management team, to replace Bill White
Sprint (S) announced the appointment of Douglas Michelman to Sprintís leadership team. Most recently, he spent 10 years as Chief Communications Officer at Visa (V), where he oversaw global media relations, public affairs, industry analyst relations and financial and communication strategies. Prior to Visa, Michelman served in various roles at FleishmanHillard, including regional president and senior partner. In addition to his many years of corporate experience, Michelmanís communications background also includes staff positions for two presidential campaigns. Michelman replaces Bill White, Senior Vice President of Corporate Communications and Corporate Social Responsibility, who will be leaving the company. White spent the past 32 years with Sprint. Michelman joins Sprint on Monday, Dec. 1, 2014, and will be relocating to Overland Park, Kansas.
November 17, 2014
09:00 EDTDGDollar General says now accepting American Express cards
Subscribe for More Information
07:50 EDTTRIPTripAdvisor price target lowered to $90 from $99 at Oppenheimer
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