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Stock Market & Financial Investment News

News Breaks
March 11, 2013
15:17 EDTXNPT, DMND, ALOG, URBN, CQB, FCEL, BDECompanies reporting After the Market Close on Monday, March 11
Notable companies reporting after the closing bell on Monday include Analogic (ALOG), Black Diamond (BDE), Chiquita Brands International (CQB), Diamond Foods (DMND), FuelCell Energy (FCEL), Urban Outfitters (URBN), and Xenoport (XNPT).
News For ALOG;BDE;CQB;DMND;FCEL;URBN;XNPT From The Last 14 Days
Check below for free stories on ALOG;BDE;CQB;DMND;FCEL;URBN;XNPT the last two weeks.
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May 21, 2013
09:56 EDTFCELFuelCell receives USPTO patent for fuel humidifier assembly in fuel cell systems
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07:53 EDTXNPTXenoPort weakness creates buying opportunity, says Wells Fargo
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07:42 EDTALOGStephens to host a field trip
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06:23 EDTXNPTXenoPort shares attractive at current levels, says Leerink
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06:11 EDTURBNUrban Outfitters added to Best Ideas List at Janney Capital
Janney added Buy rated Urban Outfitters to its Best Ideas List and said comps are running +9% quarter-to-date.
May 20, 2013
19:01 EDTURBNOn The Fly: After Hours Movers
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16:22 EDTXNPTOn The Fly: Closing Wrap
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16:05 EDTURBNUrban Outfitters trades lower initially after earnings, first look
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16:02 EDTURBNUrban Outfitters reports Q1 EPS 32c , consensus 29c
Reports Q1 revenue $648M, consensus $655.08M. Comparable retail segment net sales, which include comparable direct-to-consumer channel, increased 9%. Comparable retail segment net sales increased 44% at Free People, 8% at Anthropologie and 6% at Urban Outfitters. Wholesale segment net sales rose 16%.
15:22 EDTURBNNotable companies reporting after market close
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13:06 EDTXNPTOn The Fly: Midday Wrap
Stocks on Wall Street were modestly higher at midday as the Dow and S&P seek to continue their march higher after closing last week at record levels. ECONOMIC EVENTS: In the U.S., the light domestic economic calendar included the Chicago Fed National Activity index, which slipped to -0.53 for April from its prior reading of -0.23. In Asia, the Hang Seng and Shanghai Composite both climbed after Chinese home prices were reported to have risen in April. COMPANY NEWS: Yahoo (YHOO) confirmed it is buying social media platform Tumblr for $1.1B, as widely reported over the weekend, and promised "not to screw it up" in its press release to announce the deal... Actavis (ACT) agreed to acquire Warner Chilcott (WCRX) in a stock-for-stock transaction valued at approximately $8.5B. The deal, which was approved by the boards of both companies, equates to a value of $20.08 per Warner Chilcott share based on Actavis' closing share price on Friday, the companies said. MAJOR MOVERS: Among the notable gainers were some other companies with M&A news: Acquity Group (AQ) shares more than doubled after Accenture (ACN) agreed to buy the company for $13.00 per American Depositary Share, and Pactera Technology (PACT) gained 31% after receiving a non-binding proposal from a Blackstone (BX) affiliate to be taken private for $7.50 per ADS. Among the noteworthy losers was XenoPort (XNPT), which fell 11% after one of its drugs failed in a Phase III trial for multiple sclerosis spasticity. Also lower were shares of Red Hat (RHT), which slid 4% following a downgrade to Market Perform at BMO Capital. INDICES: Near 1 pm ET, the Dow was up 13.67, or 0.09%, to 15,368.07; the Nasdaq was up 1.13, or 0.03%, to 3,500.10; and the S&P 500 was up 2.18, or 0.13%, to 1,669.65.
12:47 EDTXNPTXenoPort downgraded to Neutral from Outperform at Wedbush
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09:26 EDTXNPTOn The Fly: Pre-market Movers
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07:53 EDTURBNUrban Outfitters volatility increases into Q1 and sales outlook
Urban Outfitters overall option implied volatility of 35 is above its 26-week average of 31 according to Track Data, suggesting larger price movement into the expected release of Q1 results today after the market close.
06:36 EDTXNPTXenoPort to host conference call
Conference call to discuss AP Phase 3 clinical trial results and business updates will be held on May 20 at 8:30am. Webcast Link
06:34 EDTXNPTXenoPort reports top-line results for Phase 3 trial of Arbaclofen Placarbil
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May 17, 2013
08:38 EDTXNPTXenoPort says shipments of Horizant have commenced
XenoPort announced that shipments of Horizant Extended-Release Tablets to its distributor in the United States have commenced. Depending on individual pharmacy ordering patterns, the product is anticipated to be generally available to patients in the first week of June. On May 1, XenoPort re-acquired from GlaxoSmithKline all commercialization rights to Horizant. Prior to the reacquisition of Horizant, GSK experienced manufacturing issues and delays that have resulted in a stockout of the product.
May 16, 2013
08:22 EDTURBNUrban Outfitters volatility bid up into Q1 and sales outlook
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May 13, 2013
16:20 EDTALOGAnalogic expects charge of $5M on restructuring plan
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16:16 EDTALOGAnalogic announces restructuring plan
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