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Stock Market & Financial Investment News

News Breaks
May 4, 2012
12:46 EDTROVI, BODY, LF, MSFT, DLB, CF, WRC, SWN, CFN, LNKD, AIGOn The Fly: Midday Wrap
Stocks on Wall Street were lower at midday following the disappointing non-farm payrolls report. Stock futures weakened after the worse than expected data, leading to a sharply lower open for the broader market. Earlier in the week the averages had hit fresh recovery highs on positive ISM data but investor’s confidence was clearly shaken by the weak employment numbers. The Nasdaq continues to be the weakest index, down more than 2% for the session... ECONOMIC EVENTS: In the U.S., employers added fewer workers than forecast in April and the jobless rate unexpectedly declined as people left the labor force. The Labor Department said 115,000 jobs were added, the smallest gain in six months, missing analysts' calls 160,000 additions. The unemployment rate, however, fell to 8.1%... COMPANY NEWS: Insurer American International Group (AIG) reported earnings that beat estimates but its stock slid almost 4% during today's session after rising fairly steadily during the past week. Among other companies reporting earnings, advancers included LinkedIn (LNKD) and CareFusion (CFN); decliners included Southwestern Energy (SWN), Warnaco (WRC) and CF Industries (CF)... MAJOR MOVERS: Among the notable gainers were Dolby Labs (DLB), up 19%, after its earnings beat consensus and it announced a new partnership with Microsoft (MSFT), and LeapFrog (LF), up 15%, after its quarterly losses were not as steep as expected and its guidance exceeded expectations. Noteworthy losers included Body Central (BODY), down 44%, after downgrades from at least three firms following its results and guidance, and Rovi (ROVI), down over 6%, after reporting in line earnings and backing its full year guidance but also announcing the departure of its CFO... INDICES: Near 12:40 pm ET, the Dow was down 179.10, or 1.36%, to 13,027.49; the Nasdaq was down 63.09, or 2.09%, to 2,961.21; and the S&P 500 was down 22.85, or 1.64%, to 1,368.72.
News For AIG;LNKD;CFN;SWN;WRC;CF;DLB;MSFT;LF;BODY;ROVI From The Last 14 Days
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September 23, 2014
05:25 EDTCFCF Industries confirms merger of equals discussions with Yara International
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September 22, 2014
09:15 EDTMSFTAmazon's Iain Kennedy leaves company for Microsoft, Re/code reports
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September 21, 2014
12:31 EDTMSFTMicrosoft delays China launch of its Xbox One console, Reuters says
Microsoft announced that it has delayed the launch of its Xbox One game console in China, says Reuters. Microsoft, which has recently faced setbacks in China related to anti-trust probe involving its Windows operating system and Microsoft Office, said that it will launch the Xbox One game console in China by the end of the year, added Reuters. Reference Link
September 19, 2014
11:51 EDTMSFTMicrosoft, Intel look to partner with Chinese mobile device makers, Nikkei says
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11:34 EDTMSFTRed Hat falls after Q3 outlook trails consensus
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11:19 EDTAIGAIG loss of Jay Wintrob a 'big deal,' says Wells Fargo
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10:48 EDTMSFTOracle tumbles after Q1 earnings miss estimates, Ellison steps aside as CEO
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08:53 EDTMSFTMicrosoft CEO to visit China, China Daily says
Microsoft CEO Satya Nadella is set to visit Beijing next week, according to China Daily. Nadella's visit comes as China conducts an anti-trust probe of the tech giant. The CEO is likely to visit high-ranking Chinese officials during his time in the country ,the newspaper added. Reference Link
September 18, 2014
16:30 EDTAIGAIG Life & Retirement CEO Jay Wintrob leaving company
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12:44 EDTMSFTMicrosoft laying off 2,100 employees today, company tells CNBC
12:37 EDTMSFTMicrosoft lays off 2,100 employees, Seattle Times reports
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10:34 EDTSWNSouthwestern Energy management to meet with FBR Capital
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10:00 EDTSWNOn The Fly: Analyst Downgrade Summary
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07:33 EDTSWNSouthwestern Energy downgraded at RBC Capital
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06:10 EDTSWNSouthwestern Energy downgraded to Sector Perform from Outperform at RBC Capital
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05:34 EDTMSFTInfosys expands partnership with Microsoft
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September 17, 2014
07:40 EDTSWNUBS to hold a conference
Houston Energy Bus-less Tour is being held in Houston on September 17-19 with webcasted company presentations to begin on September 17 at 8:30 am; not all company presentations may be webcasted. Webcast Link
07:39 EDTLNKDMorningstar to hold a conference
Management Behind the Moat Conference to be held in Chicago on September 17-18.
07:35 EDTLFImperial Capital to hold a conference
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06:39 EDTMSFTMicrosoft planning new wave of layoffs for this week, ZDNet reports
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