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Stock Market & Financial Investment News

News Breaks
December 11, 2012
12:33 EDTAIG, DAL, CLWR, S, TNS, GDI, SPW, DG, FDOOn 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
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October 1, 2014
09:03 EDTSSprint continues pledge to 'double the data' vs. AT&T, Verizon
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08:03 EDTDALU.S. Airlines selloff overdone, says UBS
UBS views the selloff in U.S. Airlines as a buying opportunity and raised estimates across the board. The firm said the fuel benefit will more than offset the FX impact and notes recent travel agency bookings indicate a better-than-average October/November revenue outlook while Q4 competitive growth should decelerate.
07:20 EDTSDeutsche Bank to hold a conference
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06:23 EDTDALDelta Air Lines volatility flat as shares trend lower
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06:06 EDTFDO, DGFamily Dollar says proceeding with plans to be acquired by Dollar Tree
Family Dollar (FDO) said in a memo to its employees yesterday that it is proceeding with its plan to be acquired by Dollar Tree (DLTR), even as Dollar General (DG) seeks to break up the deal and acquire Family Dollar. Family Dollar said it is not planning any changes to its health care, 401(k) and compensation plans. Family Dollar comments, "The immediate focus of our work is to prepare for ‘Day 1,’ (the first day after closing), while simultaneously beginning to build a more detailed plan for the integration. We’re now in the ‘integration planning phase,’ which involves planning for the complex blending of our two organizations."
September 30, 2014
15:06 EDTAIGFed will begin study to evaluate impact of capital rules on insurance companies
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07:53 EDTSAnalysts see AT&T with early lead over Verizon in connected cars, Reuters says
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07:33 EDTDALDeutsche Bank to hold a conference
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September 29, 2014
12:18 EDTSOn The Fly: Midday Wrap
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11:23 EDTDALStocks with call strike movement; DAL YHOO
Delta Air Lines (DAL) March 40 call option implied volatility decreased 4% to 35, Yahoo (YHOO) January 48 call option implied volatility increased 2% to 35 according to IVolatility.
10:32 EDTSDreamWorks jumps after report of Softbank takeover talks
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08:24 EDTAIGAIG bailout challenged by former CEO Greenberg, WSJ reports
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08:14 EDTDG, FDODollar General buying Dollar Tree 'not impossible,' says FBR Capital
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September 26, 2014
18:01 EDTDG, FDOAttorneys general investigating effects of proposed Family Dollar merger
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14:19 EDTDALDelta Air Lines downgraded to Peer Perform from Outperform at Wolfe Research
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05:50 EDTSStocks with implied volatility movement; TMUS S
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September 23, 2014
09:18 EDTDALCRT Capital believe long-term investors should buy Airlines aggressively
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September 19, 2014
11:19 EDTAIGAIG loss of Jay Wintrob a 'big deal,' says Wells Fargo
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07:36 EDTSSprint price target cut to $8-$10 from $11-$11.75 at Wells Fargo
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September 18, 2014
16:30 EDTAIGAIG Life & Retirement CEO Jay Wintrob leaving company
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