New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 11, 2012
12:33 EDTAIG, FDO, GDI, CLWR, DG, TNS, DAL, SPW, SOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday amid optimism that budget negotiations between the White House and Republicans have progressed behind closed doors, despite House Speaker John Boehner speaking at midday to say the White House has not provided details on its proposed spending cuts. Boehner's brief press conference took the market down just slightly but the averages all remain solidly in positive territory, with the Nasdaq continuing as the leader... 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 the forecast move down to 92.5. 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, or JOLTS, report showed job openings rose 128K in October to 3.675M. In Europe, the German ZEW Indicator of Economic Sentiment moved into positive territory for the first time since this May, rising to 6.9 in December from -15.7 in November... COMPANY NEWS: The Treasury announced last night it was exiting its stake in American International Group (AIG), selling its remaining 234.2M shares of AIG common stock. AIG jumped 4.7% following Treasury's exit... Shares of Delta Air Lines (DAL) rose nearly 6% after the company agreed to buy the 49% stake in Virgin Atlantic Airways held by Singapore Airlines for $360M... MAJOR MOVERS: Among the notable gainers were TNS (TNS), up 43% after agreeing to be acquired by Siris Capital for $21 per share, and Clearwire (CLWR), up over 14% after CNBC reported Sprint (S) is in talks to acquire the stake in the company it does not already own. Also higher were shares of Gardner Denver (GDI), which rose 2% after Reuters said the company is in exclusive buyout talks with SPX Corp. (SPW). Shares of SPX, however, fell almost 8% after the report. Among the other noteworthy losers were Dollar General (DG), down 5.9% after its guidance fell short of Street estimates, and peer Family Dollar (FDO), which fell 5.8% in sympathy... INDICES: Near 12:30 pm ET, the Dow was up 117.83, or 0.89%, to 13,287.71; the Nasdaq was up 42.00, or 1.41%, to 3,028.96; and the S&P 500 was up 13.88, or 0.98%, to 1,432.43.
News For AIG;DAL;CLWR;S;TNS;GDI;SPW;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 19, 2014
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
11:07 EDTDALStocks with call strike movement; DAL FB
Subscribe for More Information
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
November 14, 2014
17:27 EDTFDOPaulson & Co. gives quarterly update on stakes
Subscribe for More Information
17:13 EDTDAL, AIGAppaloosa gives quarterly update on stakes
NEW STAKES: NXP Semiconductors (NXPI), Lorillard (LO), Alibaba (BABA), and Shire (SHPG). INCREASED STAKES: Whirlpool (WHR), Priceline (PCLN), Delta (DAL), CBS (CBS), and General Motors (GM). DECREASED STAKES: American Airlines (AAL), Disney (DIS), Apple (AAPL), MGM Resorts (MGM), and Eastman Chemical (EMN). LIQUIDATED STAKES: Expedia (EXPE), AIG (AIG), Prudential (PRU), Celanese (CE), and ASML Holding (ASML).
16:58 EDTAIGThird Point gives quarterly update on stakes
NEW STAKES: Alibaba (BABA), eBay (EBAY), Bed Bath & Beyond (BBBY), Shire (SHPG), and Parker Hannifin (PH). INCREASED STAKES: Actavis (ACT), Amgen (AMGN), EQT (EQT), Sensata (ST), Coca-Cola Enterprises (CCE). DECREASED STAKES: Williams Cos (WMB), Ally Financial (ALLY), Cheniere Energy (LNG), YPF (YPF), and FedEx (FDX). LIQUIDATED STAKES: AIG (AIG), T-Mobile (TMUS), Rackspace (RAX), Hertz (HTZ), and Citrix Systems (CTXS).
12:53 EDTSOmega Advisors gives quarterly update on stakes
NEW STAKES: AerCap Holdings (AER), Nordic American Offshore (NAO), Melco Crown Entertainment (MPEL), Groupon (GRPN), and Ashland (ASH). INCREASED STAKES: QEP Resources (QEP), United Continental (UAL), Cabot Oil & Gas (COG), Actavis (ACT), and KAR Auction Services (KAR). DECREASED STAKES: Sprint (S), SandRidge Energy (SD), Sirius XM Holdings (SIRI), Kinder Morgan (KMI), and Transocean (RIG). LIQUIDATED STAKES: QUALCOMM (QCOM), Ocwen Financial (OCN), Freeport-McMoRan (FCX), Boston Scientific (BSX), and Capital One (COF).
November 13, 2014
14:50 EDTDALLonestar Capital to shut down by mid-2015, WSJ reports
Subscribe for More Information
14:45 EDTDALLonestar capital to shut down, DJ reports
Subscribe for More Information
10:44 EDTDALDelta Air Lines sees annual EPS growth 10%-15% after 2014
Says on track to produce over $4B in pre-tax income in 2014. Long term goals include: annual EPS growth of 10%-15% after 2014, 11%-14% operating margins, 15%-18% ROIC, $6B annual operating cash flow, $3B free cash flow, $5B adjusted net debt by 2016 and pension at 80% funded status by 2020. Says Fleet will have ~125 50-seat regionals by 2015, down from nearly 500 at the merger. At $5B debt target, 2017 interest expense expected to be nearly $1B lower than 2009. Says debt reduction remains a priority. Plans to return over $1B to shareholders in 2014, says $2B repurchase plant o be completed no later than December 31, 2016. Comments from slides that will be presented at the Goldman Sachs Industrials Conference.
November 12, 2014
17:57 EDTSPWRelational Investors lowers stake in SPX Corp. to 11.77% from 13.62%
10:58 EDTDALStocks with call strike movement; YHOO DAL
Subscribe for More Information
08:46 EDTSSprint in talks to buy FreedomPop, USA Today reports
Subscribe for More Information
08:05 EDTDALGoldman to hold a conference
Subscribe for More Information
07:48 EDTSWells Fargo to hold a conference
5th Annual Technology, Media & Telecom Conference is being held in New York on November 12-13.
07:04 EDTDG, FDOFamily Dollar reaffirms recommendation to merge with Dollar Tree
Subscribe for More Information
November 11, 2014
11:45 EDTDALStocks with call strike movement; ESV DAL
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