New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 28, 2013
19:19 EDTOVTI, ISRG, DECK, YOKU, ACAC, CRM, AT, GRPN, ALSKOn The Fly: After Hours Movers
UP AFTER EARNINGS: Alaska Communications (ALSK), up 13.3%... Salesforce.com (CRM), up 4.7%... Decker's Outdoors (DECK), up 7%... ALSO HIGHER: Groupon (GRPN), up 4% after the company announced CEO Andrew Mason would be stepping down... Anacor Pharmaceuticals (ANAC), up 3.7% after announcing positive results from a phase 3 trial of its nail treatment tavaborole... Intuitive Surgical (ISRG), up 3.5% after shares lost more than 11% intraday, with most of this loss coming in the final moments of trading before the bell, following a Bloomberg report that said the company's robots were the subject of a safety probe by U.S. regulators... DOWN AFTER EARNINGS: Atlantic Power (AT), down 12.7% after earnings and cutting its dividend... Youku Tudou (YOKU), down 11.7%... OmniVision (OVTI), down 9.8% after earnings that beat estimates, but guidance that fell short of consensus estimates.
News For ALSK;CRM;DECK;GRPN;ACAC;ISRG;AT;YOKU;OVTI From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 >>
February 4, 2016
14:35 EDTDECKNotable companies reporting after market close
Subscribe for More Information
February 3, 2016
08:42 EDTCRMSalesforce should be bought at current levels, says JMP Securities
JMP Securities says its checks indicate that Salesforce had a strong Q4, leaving the company poised to deliver strong fiscal 2017 results. The firm adds that the promotion of Keith Block, who headed all customer-facing activities, to COO suggests that the company's business momentum is strong. It keeps a $90 price target and Outperform rating.
08:09 EDTCRMSalesforce shares will eventually reflect top tier position, says Canaccord
Canaccord said Salesforce remains a top tier company and its shares will eventually reflect it with a much higher stock price. The firm continues to believe the company can grow revenues more than 20% and earnings more than 25% per year. Canaccord reiterated its Buy rating and $95 price target on Salesforce shares.
February 2, 2016
16:52 EDTCRMSalesforce announces new core Salesforce editions for Sales Cloud, Service Cloud
Subscribe for More Information
14:28 EDTCRMSpeculation of Salesforce customer loss likely inaccurate, says JPMorgan
Subscribe for More Information
14:14 EDTCRMSalesforce shares defended at JPMorgan
Subscribe for More Information
10:40 EDTGRPNStifel warns Twitter may go way of tech busts, cuts to Sell
Twitter (TWTR) is giving up nearly all of yesterday's gains after Fortune and The Wall Street Journal poured cold water on a report that private equity firm Silver Lake might be considering making a strategic investment in the company. Additionally weighing on the stock are a Business Insider report claiming that the number of tweets has declined by more than 50% in the last 18 months and research firm Stifel downgrading the stock to Sell. WHAT'S NEW: Yesterday morning, tech website The Information reported that venture capitalist Marc Andreessen and private equity firm Silver Lake have considered making a deal involving Twitter. However, Silver Lake isn't looking to make a deal with Twitter, The Wall Street Journal reported, citing an unnamed source. The Journal's article echoes a report yesterday afternoon by Fortune, which also quoted an unnamed source as saying that Silver Lake isn't interested in buying Twitter. Also, according to Business Insider, the number of daily tweets on Twitter has plummeted by more than 50% since August 2014. The report based its estimate on a sampling of data from the website's application programming interface. Last month, there were 303M tweets per day on average, down from the peak of an average of 661M per day in August 2014, when the World Cup was occurring, the website stated. Moreover, according to the data, Twitter has about 130M active users, versus the company's estimate of up to 320M monthly active users. STIFEL SAY SELL: Stifel analyst Scott Devitt downgraded Twitter to Sell form Hold, saying that it has "never fully developed into a sustainable public company." Yahoo (YHOO) says that it has 1B monthly active users, but the market valuation of Yahoo's core business is "much lower" than that of Twitter, which has a significantly smaller user base, Devitt stated. Additionally, Internet companies Groupon (GRPN) and Zynga (ZNGA) became well-known and obtained tens of millions of users, only to see their stocks plummet, the analyst stated. Meanwhile, Twitter's product has not changed significantly since the company hired a new CEO three months ago and it will have difficulty meeting financial expectations over the short-term and longer term, given the size of its user base, said Devitt, who has a $14 price target for the shares. PRICE ACTION: In morning trading, Twitter fell 6.3% to $16.78. The stock had gained 6.55% yesterday on the heels of Jessica Lessin's report in The Information.
09:46 EDTCRMSalesforce puts active amid speculation of a potential customer loss
Subscribe for More Information
09:41 EDTCRMRumor: Salesforce active amid speculation of a potential customer loss
Subscribe for More Information
09:02 EDTCRMSalesforce names Keith Block as COO
Subscribe for More Information
February 1, 2016
17:43 EDTATMangrove Partners reports 6.7% stake in Atlantic Power
Mangrove Partners has engaged in and intends to continue to have discussions with the company regarding matters related to the Settlement Agreement announced on May 21, 2015.
13:42 EDTCRMEarnings Watch: Alphabet to report Q4 results under new corporate structure
Alphabet (GOOG, GOOGL) is expected to report fourth quarter earnings after the market close on Monday, February 1 with a conference call scheduled for 4:30 pm ET. Alphabet is a multinational conglomerate that serves as the parent company of Google, Calico, GV, Google Capital, and Nest Labs. EXPECTATIONS: Analysts are looking for earnings per share of $8.09 on revenue of $20.77B. The consensus range is $7.32-$8.59 for EPS, and $20.33B-$21.68B for revenue, according to First Call. LAST QUARTER: Alphabet reported third quarter EPS of $7.35 against estimates of $7.21, on revenue of $18.7B against estimates of $18.53B. Google reported Q3 aggregate paid clicks up 23%, paid clicks on Google websites down 5%, aggregate cost-per-clicks down 11%, and cost-per-click on Google websites down 4%. The company also reported Q3 Sites revenue up 16% to $13.08B and Q3 Total advertising revenue up 13% to $26.78B. During its Q3 earnings report, the company said it will begin to disclose the Google business as a single segment in Q4. It also announced that the board authorized the company to repurchase $5.1B of Class C shares in Q4. GOOGLE SEGMENT: Alphabet announced that it will report Google as a single segment within its company beginning in Q4. It stated, "The new operating structure is being introduced in phases. For financial reporting purposes, we expect the reorganization will result in disclosing our Google business as a single segment and all other Alphabet businesses combined as Other Bets beginning in the fourth quarter of 2015." Within Alphabet, the Google segment now has 6 products with over 1B users, including Search, Maps, YouTube, Chrome, Android and Google Play. Gmail is also closing in on the mark with its 900M user base. RBC Capital believes that the disclosure of segment results by Google in conjunction with its Q4 results will cause the stock to rerate. The firm believes that the segment results will highlight the high profits of core Google, supporting an increase in the stocks' sum of the parts valuation. NEWS AND STREET RESEARCH: In the past quarter, Alphabet had a strong holiday season with ChannelAdvisor reporting Google Shopping was up 31.7% over the entire holiday period. Specifically, Google Shopping was up 35.9% on Thanksgiving, up 40.3% on Black Friday, up 25.7% on Cyber Saturday, and up 18.6% on Cyber Monday. Alphabet announced the redesigned launch of Google+ in November, the exploration of Fiber in Chicago and Los Angeles, and announced plans to open its first retail store in New York City. The company also targets the China launch of the Google Play app store in 2016, according to multiple reports. Lenovo (LNVGY) CEO Chen Xudong confirmed that Google Play is expected to come to China at some point this year. The company is expected to make its self-driving car company under the Alphabet structure as a stand-alone business. Ford (F) and Google are in discussions over self-driving cars, with the currently negotiated contract likely to "last a long time." According to a Reuters report, Google expects fewer software failiures in self-driving cars as it learns from its mistakes. Google tested solar-powered Internet drones and expects consumer package delivery via drone to begin in 2017. Google is also in talks with the NFL for streaming rights for London games next year. STREET RESEARCH: Oppenheimer said cloud providers like Alphabet may have a huge opportunity in the coming years. The firm said Alphabet may look for a major partner like Salesforce (CRM) to drive its cloud business. Cantor said Google ad revenue growth should continue to be strong and BMO Capital said Alphabet's outlook has improved as valuation has become more reasonable. Bernstein said the Street continues to underestimate the resilience and growth potential of Alphabet's search ad business and YouTube. Barron's, in particular, was extremely positive on YouTube, saying its revenue per viewer could potentially double in five years. It added it could be twice as valuable as Netflix (NFLX). JMP Securities was also bullish on the company, saying Alphabet benefitted from a relatively strong holiday season for online advertising. Ahead of its Q4 earnings report, JMP Securities expects the company to report "relatively strong" results. PRICE ACTION: Google shares have gained about 6% over the last three months. In Monday afternoon trading ahead of the Q4 report, Google shares are up almost 2%
08:08 EDTCRMSalesforce to hold a company event
Subscribe for More Information
January 29, 2016
10:16 EDTCRMOptions with increasing implied volatility: WMB W CERS RAD CRM GILD MNST
Subscribe for More Information
07:38 EDTDECKDeckers Outdoor is a top recovery pick, says Canaccord
Subscribe for More Information
05:09 EDTCRMStocks with implied volatility above IV index mean; CRM TWTR
Stocks with implied volatility above IV index mean; Salesforce (CRM) 46, Twitter (TWTR) 95 according to iVolatility.
January 26, 2016
10:06 EDTISRGOptions with decreasing implied volatility
Options with decreasing implied volatility: SRPT GNC ALKS CALM NFLX CREE FFIV COH ISRG IBM
07:36 EDTCRMKKR leads funding round in Jitterbit
Subscribe for More Information
January 25, 2016
10:22 EDTISRGOptions with decreasing implied volatility
Options with decreasing implied volatility: SRPT SPWR NFLX CREE FFIV ISRG TIF MXIM QIHU IBM
05:49 EDTCRMSalesforce implied volatility of 34 at lower end of index mean range
Subscribe for More Information
1 | 2 >>

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