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Stock Market & Financial Investment News

News Breaks
April 24, 2013
19:01 EDTAKAM, INTU, CTXS, EQIX, QCOM, ZNGA, NXST, CAKE, CLF, ANGI, HRBOn The Fly: After Hours Movers
UP AFTER EARNINGS: Akami (AKAM), up 16.5%... Angie's List (ANGI), up 6.9%... Cliffs Natural (CLF), up 4.2%... Cheesecake Factory (CAKE), up 5.7%... Fusion-io (FIO), up 11.2%. ALSO HIGHER: Nexstar (NXST), up 7.8% after announcing agreements to acquire Communications Corporation of America and White Knight Broadcasting for $270M. DOWN AFTER EARNINGS: Zynga (ZNGA), down 9.2% after earnings, lowering its second quarter view... Qualcomm (QCOM), down 5.5%... Equinix (EQIX), down 5.7%... Citrix Systems (CTXS), down 11.3% after reporting earnings, lowering its second quarter and full-year views. ALSO LOWER: Intuit (INTU), down 9.2% after lowering its third quarter and full-year outlook. Peer H&R Block (HRB) also fell 3.3% in sympathy.
News For AKAM;ANGI;CLF;CAKE;NXST;ZNGA;QCOM;EQIX;CTXS;INTU;HRB From The Last 14 Days
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August 8, 2014
11:51 EDTQCOMNVIDIA rallies after Q2 quarter profit, Q3 revenue outlook top estimates
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09:37 EDTZNGAActive equity options trading on open
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09:15 EDTZNGAOn The Fly: Pre-market Movers
HIGHER: NVIDIA (NVDA), up 4.2%, upgraded at Needham following its better than expected Q2 results... Arista Networks (ANET), up 8%, upgraded at Citigroup following better than expected Q2 results, announcing an expanded strategic relationship with VMware (VMW)... Tekmira Pharmaceuticals (TKMR), up 17.5% after announcing that the FDA verbally confirmed they have modified the full clinical hold placed on its TKM-Ebola treatment to a partial clinical hold... Gap (GPS), up 4.7% after July same-store sales rose 2%, company issues Q2 EPS outlook above the consensus estimate... lululemon (LULU), up 2.4% after founder agrees to sell half his stake to Advent for $845M. UP AFTER EARNINGS: SolarCity (SCTY), up 1%... Assured Guaranty (AGO), up 9%... MercadoLibre (MELI), up 13.6%. LOWER: Zynga (ZNGA), down 6% after lowering fiscal 2014 guidance... McDonald's (MCD), down 0.4% after Chinese supplier issue contributes to July comparable sales drop of 2.5%.
08:47 EDTZNGANorthland recommends buying Glu Mobile aggressivley on weakness related to Zynga
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08:32 EDTEQIXVMware, others could benefit from increased cloud adoption, says Pacific Crest
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05:45 EDTZNGAZynga price target lowered to $3 from $4.50 at Piper Jaffray
Piper Jaffray lowered its price target for Zynga shares to $3 after delayed game launches drove the company's Q2 miss and reduced outlook. Piper says it is taking a "wait and see approach" on Zynga's entrance into two new game genres with the NFL and Tiger Woods. It keeps a Neutral rating on the stock.
August 7, 2014
18:41 EDTZNGAOn The Fly: After Hours Movers
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16:10 EDTZNGAZynga drops 13% to $2.55 after lowering 2014 outlook
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16:10 EDTZNGAZynga says continues to make 'significant investments'
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16:09 EDTZNGAZynga enters Sports category, signs agreement with Tiger Woods
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16:08 EDTZNGAZynga reports Q2 monthly active users 130M vs. 187M last year
Zynga said Q2 Monthly Unique Payers in Q2 were 1.7M, compared to 1.9M last year. Daily active users in Q2 were 29M, compared to 39M last year. Monthly active users in Q2 were 130M, compared to 187M last year.
16:05 EDTZNGAZynga lowers 2014 EPS outlook to (1c)-0c, consensus 2c
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16:04 EDTZNGAZynga sees Q3 EPS (1c)-0c, consensus 1c
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16:03 EDTZNGAZynga reports Q2 EPS 0c, consensus 0c
Reports Q2 revenue $153.2M, consensus $191.2M. Generated bookings of $175M, adjusted EBITDA of $14M.
16:00 EDTZNGAOptions Update; August 7, 2014
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15:33 EDTZNGA Notable companies reporting after market close
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15:14 EDTINTUIntuit acquires cloud-based payroll solution provider PaySuite
Intuit announced in a corporate blog post its acquisition of PaySuite, a provider of cloud-based self-service payroll solutions here in the U.K. As part of Intuit, PaySuite will become an important part of the QuickBooks Online ecosystem in the U.K., the company stated. Reference Link
10:44 EDTCLFCliffs Natural appoints Goncalves as Chairman, President and CEO
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07:13 EDTNXSTNexstar sees over $350M free cash flow during 2014/2015 cycle
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07:12 EDTNXSTNexstar reports Q2 EPS 34c, consensus 32c
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