New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 14, 2014
08:44 EDTMMM, ALGNAlign Technology announces Invisalign interoperability with 3M True Definition
Align Technology (ALGN) and 3M ESPE (MMM) announced that Align Technology has qualified the 3M True Definition scanner for use with Invisalign case submissions, which requires an intraoral scanner that can readily capture an accurate full arch digital impression. This qualification will now enable Invisalign providers with a True Definition scanner to submit a digital impression in place of a traditional PVS impression as part of the Invisalign case submission process. The 3M True Definition scanner is the only third-party scanner that has been qualified for use with Invisalign treatment. Align's own iTero scanner was qualified for Invisalign case submission in December 2011. Align supports an open systems approach to digital impressions and continues to work with intraoral scanning companies interested in developing interoperability for use with Invisalign treatment.
News For ALGN;MMM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
July 27, 2015
07:44 EDTMMM3M pullback a buying opportunity, says BofA/Merrill
BofA/Merrill said the pullback in 3M shares following Q2 results on guidance fears is overdone. The firm said 3M's top line is lees cyclical than peers and shares historically outperform during an industrial slowdown or recession. BofA/Merrill said returns are improving and margins expanding driven by raw material costs and pricing. The firm rates shares a Buy with a $181 price target, down from $190.
July 24, 2015
09:31 EDTMMM3M weakness a buying opportunity, says Argus
Subscribe for More Information
July 23, 2015
19:06 EDTALGNOn The Fly: After Hours Movers
UP AFTER EARNINGS: Amazon (AMZN), up 17.2%... Marketo (MKTO), up 15.4%... Juniper Networks (JNPR), up 9.9%... NetGear (NTGR), up 9.2%... Qlik Technologies (QLIK), up 9.1%... LogMeIn (LOGM), up 9.9%... Pandora (P), up 10.3%... Mitek Systems (MITK), up 7.8%... Proofpoint (PFPT), up 5.1%... Supreme Industries (STS), up 4.7%... Skyworks (SWKS), up 3.6%... IGI Laboratories (IG), up 3.7%... Maxim Integrated Products (MXIM), up 4.1%... Boyd Gaming (BYD), up 4.1%... Trinity Industries (TRN), up 5%... Trinity Industries (N), up 3.2%... Starbucks (SBUX), up 4.5%. ALSO HIGHER: Qorvo (QRVO), up 2.7% after Skyworks reported quarterly results. DOWN AFTER EARNINGS: TrueCar (TRUE), down 33.1% after reporting quarterly results and cutting fiscal 2015 revenue guidance... Tripadvisor (TRIP), down 9.2%... Align Technology (ALGN), down 7.4%... Capital One (COF), down 4.9%... PMC-Sierra (PMCS), down 9.1%... athenahealth (ATHN), down 2.1%. ALSO LOWER: Sunesis Pharmaceuticals (SNSS), down 59.7% after giving vosaroxin regulatory update... Avalanche Biotechnologies (AAVL), down 5.6% after CEO Thomas Chalberg, Jr., Ph.D. resigns and Hans Hull name interim CEO.
18:21 EDTMMMOn The Fly: Top stock stories for Thursday
Stocks began the session mixed on the heels of weak earnings reports from both Caterpillar (CAT) and 3M (MMM). The Nasdaq managed to spend most of the day in positive territory but joined the other averages in negative territory by mid-afternoon. Selling picked up momentum towards late afternoon, and by day’s end each of the averages were lower by more than 0.4%, with the Dow losing nearly 0.7%. ECONOMIC EVENTS: In the U.S., initial jobless claims fell to 255,000 in the week ended July 18, below the 278,000 first-time claims that were expected. The Leading Economic Indicators advanced 0.6% in June, exceeding expectations for a 0.3% increase. In Asia, the Shanghai Composite index advanced for a sixth straight session, adding another 2.4%. In Europe, the Greek Parliament voted to accept creditor terms for a new bailout, though a decision on when to reopen Greek financial markets was deferred to next week. COMPANY NEWS: Shares of General Motors (GM) finished the session up 3.96% to $31.50 after reporting earnings per share above analyst expectations. Other notable names rising following earnings reports include SanDisk (SNDK), Under Armour (UA), Southwest (LUV)... Caterpillar, meanwhile, dropped $2.86, or 3.59%, to $76.90 after cutting its yearly guidance during this morning's earnings report, with the company noting a "relatively stagnant" global economy. Also lower following earnings were Comcast (CMCSA, CMCSK), Bristol-Myers Squibb (BMY), Dunkin Brands (DNKN), and Boston Scientific (BSX). MAJOR MOVERS: Among the notable gainers was Cigna (CI), which rose $3.29, or 2.18%, to $154.36 after the Wall Street Journal reported last night that Anthem (ANTM) is nearing a deal to acquire the company for roughly $187, representing a total transaction value of over $48B. Adding to that report, CNBC's David Faber said on Thursday morning that Anthem will announce an agreement Friday to purchase Cigna for $188 per share, at a 45% equity, 55% cash split. Also higher were shares of numerous IT security companies, with FireEye (FEYE) advancing 4.53% and Palo Alto Networks (PANW) adding 2.33% after earnings reports from security firms Fortinet (FTNT) and F5 Networks (FFIV) beat on both top and bottom lines. Fortinet and F5, meanwhile, finished Thursday's session up 10.71% and 7.75% to $46.83 and $127.68, respectively. Among the noteworthy losers following earnings was McDonald's (MCD), which edged down 0.52% to $97.10 after noting that Q2 global comparable sales fell 0.7% for the quarter, including a 2% decline in U.S. same-store sales. Also lower was Hertz (HTZ), which declined 8.53% to $16.45 following a downgrade to Underweight at Morgan Stanley, with the research firm citing increased competition from Uber and similar mobility services. INDEXES: The Dow fell 119.12, or 0.67%, to 17,731.92, the Nasdaq lost 25.36, or 0.49%, to 5,146.41, and the S&P 500 declined 12.00, or 0.57%, to 2,102.15.
16:09 EDTALGNAlign Technology restructures leadership structure under CEO
Align Technology is simplifying the commercial reporting structure for its three key regions and global marketing. Under this new structure, North America, EMEA, and Asia Pacific sales organizations will come together under the leadership of CEO Joe Hogan. Raphael S. Pascaud, previously Align's vice president, international, has been promoted to chief marketing portfolio and business development officer. Pascaud's new role will consolidate leadership of the global marketing and business development functions for the xompany. Tim Mack, previously vice president, business development, will continue to report to Hogan focusing exclusively on Align's scanner business as vice president, scanner and services. John Graham, Align's CMO, will leave the company effective July 23 for other opportunities.
16:06 EDTALGNAlign Technology sees Q3 EPS 28c-31c, consensus 45c
Subscribe for More Information
16:02 EDTALGNAlign Technology reports Q2 EPS 39c, consensus 37c
Subscribe for More Information
12:32 EDTMMMOn The Fly: Top stock stories at midday
Subscribe for More Information
10:05 EDTALGNHigh option volume stocks
Subscribe for More Information
07:36 EDTMMM3M narrows FY15 EPS view to $7.80-$8.00 from $7.80-$8.10
Subscribe for More Information
07:33 EDTMMM3M reports Q2 EPS $2.02, consensus $2.00
Subscribe for More Information
July 22, 2015
13:29 EDTMMM3M technical comments before earnings
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