New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 31, 2013
16:22 EDTAIG, OVTI, KKD, PANWOn The Fly: Closing Wrap
Stocks on Wall Street were lower after the averages fell sharply in the final hour of trading. The averages moved in a narrow range near the flatline for much of the session, and despite the late-day selloff, each of the major indices finished the month with marked gains, going against the "sell in May" theory. ECONOMIC EVENTS: In the U.S., personal income was reported to be flat in April, versus expectations of an increase of 0.1%, while personal spending fell 0.2% in the month, versus the consensus forecast for it to be unchanged. The ISM-Chicago business survey had a reading of 58.7, versus an expected reading of 50.0. The University of Michigan consumer confidence report came in at 84.5, versus expectations for a reading of 83.7. COMPANY NEWS: American International Group (AIG) lost $1.75, or 3.79%, to $44.46, after the company disclosed that a Chinese group that has agreed to buy up to 90% of International Lease Finance Corporation common stock missed a deposit deadline. AIG has previously said asset sales will be key to funding its capital return plans, potentially including share buybacks. MAJOR MOVERS: Among the notable gainers following their earnings reports and better than expected guidance were OmniVision (OVTI),up $2.978, or 19.24%, to $18.47, and Krispy Kreme (KKD), up $3.06, or 21.46%, to $17.32. Among noteworthy losers was Palo Alto Networks (PANW), $5.87, or 10.795, to $48.52 after its third quarter revenue missed the Street view and its fourth quarter outlook came in below expectations. INCDICES: The Dow lost 208.96, or 1.36%, to 15,115.57; the S&P lost 23.87, or 1.43%, to 1,630.74; the Nasdaq lost 35.39, or 1.01%, to 3,455.91.
News For AIG;OVTI;KKD;PANW From The Last 14 Days
Check below for free stories on AIG;OVTI;KKD;PANW the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
September 1, 2014
09:00 EDTAIGAIG says Peter Hancock assumes role of CEO
Subscribe for More Information
August 31, 2014
13:27 EDTPANWAT&T to hold a conference
16th Annual AT&T Cyber Security Conference will be held in New York on September 3-4 with webcast availability on September 4 at 9 am; Webcast Link
August 29, 2014
10:18 EDTOVTIOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AGCO (AGCO) upgraded to Neutral from Underweight at JPMorgan... OmniVision (OVTI) upgraded to Market Perform from Underperform at Raymond James... Brady (BRC) upgraded to Neutral from Sell at Northcoast.
07:30 EDTOVTIOmniVision price target raised to $29 from $24 at Stephens
Subscribe for More Information
06:07 EDTOVTIOmniVision upgraded to Market Perform from Underperform at Raymond James
Subscribe for More Information
August 28, 2014
18:13 EDTOVTIOn The Fly: After Hours Movers
Subscribe for More Information
16:23 EDTOVTIOmniVision sees Q2 Non-GAAP EPS 43c-59c, consensus 49c
Subscribe for More Information
16:21 EDTOVTIOmniVision reports Q1 Non-GAAP EPS 91c, consensus 53c
Reports Q1 revenue $406.5M, consensus $382.83M.
15:22 EDTOVTINotable companies reporting after market close
Subscribe for More Information
08:45 EDTAIGAIG volatility at low end of historic range
Subscribe for More Information
06:54 EDTPANWPalo Alto coverage resumed with a Buy at Stifel
Subscribe for More Information
August 25, 2014
06:24 EDTKKDKrispy Kreme comps decelerating but due to new store ramps, says Longbow
Longbow's contacts indicate Krispy Kreme's Q2 same-store sales comps were up 1%-1.5% vs. Q1's 3.5%-4.5% range. The firm said the deceleration is due to new franchised store builds which should result in top and bottom line growth in the coming years. Shares are Buy rated with a $26 price target.
August 20, 2014
08:02 EDTPANWPalo Alto expands global distribution agreement with Westcon Group
Subscribe for More Information

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