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Stock Market & Financial Investment News

News Breaks
April 16, 2014
10:00 EDTZBRA, YHOO, TWTR, SC, NGD, GDP, CREE, YOKU, XOOM, TWC, PDS, LNC, FSGI, AMZN, YELP, VOLVY, SONC, PDM, JBLU, FDOOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Amazon.com (AMZN) upgraded to Buy from Hold at Argus...Cree (CREE) upgraded to Buy from Hold at Needham... Family Dollar (FDO) upgraded to Neutral from Underperform at Sterne Agee... First Security (FSGI) upgraded to Outperform from Market Perform at Raymond James... Goodrich Petroleum (GDP) upgraded to Outperform from In-Line at Imperial Capital... JetBlue (JBLU) upgraded to Buy from Hold at Argus... Lincoln National (LNC) upgraded to Overweight from Equalweight at Barclays... New Gold (NGD) upgraded to Buy from Hold at Canaccord... Piedmont Office Realty (PDM) upgraded to Market Perform at BMO Capital... Precision Drilling (PDS) upgraded to Overweight from Underweight at Morgan Stanley... Santander Consumer (SC) USA upgraded to Overweight from Neutral at JPMorgan... Sonic (SONC) upgraded to Buy from Neutral at Sterne Agee... Time Warner Cable (TWC) upgraded to Outperform from Market Perform at Wells Fargo... Twitter (TWTR) upgraded to Neutral from Underperform at Sterne Agee... Volvo (VOLVY) upgraded to Hold from Sell at Deutsche Bank... Xoom (XOOM) upgraded to Equal Weight from Underweight at Evercore... Yahoo (YHOO) upgraded to Buy from Hold at Gabelli... Yelp (YELP) upgraded to Buy from Neutral at Citigroup... Youku Tudou (YOKU) upgraded to Neutral from Sell at Goldman... Zebra Technologies (ZBRA) upgraded to Outperform from In-Line at Imperial Capital.
News For AMZN;CREE;FDO;FSGI;GDP;JBLU;LNC;NGD;PDM;PDS;SC;SONC;TWC;TWTR;VOLVY;XOOM;YHOO;YELP;YOKU;ZBRA From The Last 14 Days
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November 10, 2014
17:29 EDTXOOMAncient Art, L.P. reports 5.7% stake in Xoom
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16:44 EDTTWCOn The Fly: Closing Wrap
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16:00 EDTTWTR, YHOOOptions Update; November 10, 2014
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15:44 EDTAMZNAmazon Web Services to hold a conference
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15:15 EDTGDPJefferies to hold a conference
2014 Global Energy Conference is being held in New York on November 11-12.
14:09 EDTTWCBoehner strongly opposes net neutrality
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13:26 EDTTWCCable providers fall after Obama weighs in on net neutrality
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12:25 EDTTWCTime Warner Cable issues statement on White House Title II announcement
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12:24 EDTTWCOn The Fly: Midday Wrap
Stocks on Wall Street were modestly higher at midday. The averages opened mixed, but very close to the flat line, and have continued to drift slowly higher from that point. There is little to stand in the way of the marketís drift, as the economic calendar is quiet, the earnings season is winding down, and the most closely watched geopolitical situations are currently status quo. ECONOMIC EVENTS: In the U.S., little of note was on the economic calendar. The Federal Reserve's newly introduced Labor Market Conditions Index was flat at 4 in October. The Fed started updating estimates of the LMCI every month beginning with last month. COMPANY NEWS: Shares of Netflix (NFLX) advanced about 1% after xxx President Barack Obama publicly urged the Federal Communications Commission to implement the "strongest possible rules" to protect net neutrality. In response, Verizon (VZ) said it supports the open Internet and continues to believe that the "light-touch regulatory approach in place for the past two decades has been central to the Internetís success," adding that it believes the reclassification Obama called for would "apply 1930s-era utility regulation to the Internet" and be a "radical reversal of course" that would threaten great harm to an open Internet, competition and innovation." A number of Internet Service Providers, including Comcast (CMCSA), Time Warner Cable (TWC), Charter (CHTR) and Cablevision (CVC), moved lower after Obama weighed in on the hot-button issue. MAJOR MOVERS: Among the notable gainers was Achillion Pharmaceuticals (ACHN), which rose 22% after the company presented data from the ongoing Phase 2 study of its Hepatitis C virus treatment at the Annual Meeting of the American Association for the Study of Liver Diseases, or AASLD. Also higher was Dean Foods (DF), which rose more than 13% after the dairy products distributorís third quarter results, as well as its fourth quarter and full year profit outlook, surpassed analystsí consensus estimates. Among the noteworthy losers was Rayonier (RYN), which dropped 13% after management determined that there was a material weakness in the company's internal controls, restated certain previously made financial statements, and cut its dividend reflecting expectations of reduced cash available for distribution due to lower expected annual harvest levels. INDEXES: Near midday, the Dow was up 18.55, or 0.11%, to 17,592.48, the Nasdaq was up 10.77, or 0.23%, to 4,643.30, and the S&P 500 was up 4.01, or 0.2%, to 2,035.93.
11:39 EDTYHOOStocks with call strike movement; YHOO NEM
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10:09 EDTTWCOptions with increasing implied volatility: CZR IGT CMCSA TWC
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10:06 EDTTWCVerizon says utility Internet regulation would 'threaten great harm'
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10:01 EDTTWCTWC, Charter, Comcast drop after Obama calls for Internet regulation
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09:45 EDTTWCObama urges FCC to enact 'strongest possible rules' to protect net neutrality
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09:43 EDTTWCObama urges FCC to enact 'strongest possible rules' to protect net neutrality
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09:27 EDTYOKUXiaomi rumored to mull stakes in Youku Tudou, Baidu unit, Marbridge Daily says
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08:51 EDTNGDNew Gold to acquire Bayfield Ventures
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08:22 EDTNGDNew Gold to acquier Bayfield Ventures
New Gold announces that it has entered into a definitive agreement to acquire 100% of Bayfield Ventures pursuant to a plan of arrangement. Under the terms of the Arrangement, Bayfield shareholders will receive 0.0477 of a New Gold common share for each Bayfield common share held. The offer values Bayfield at $0.21 per common share or approximately $16.6 million, representing a 50% premium to Bayfield's November 7, 2014 closing price and a 47% premium based on each company's 20-day volume weighted average trading price. It is expected that upon completion of the Arrangement, approximately 3.8 million New Gold common shares will be issued in consideration for Bayfield's outstanding shares, which represents 0.8% of New Gold's currently outstanding common shares. Following completion of the Arrangement, in accordance with their terms, Bayfield's outstanding warrants will be adjusted based on the exchange ratio and become exercisable for New Gold common shares. The board of directors of Bayfield has unanimously approved the transaction. Bayfield's board of directors has also unanimously determined that the transaction is in the best interests of Bayfield shareholders and recommends that Bayfield shareholders vote in favour of the Arrangement. Pursuant to the Agreement, Bayfield has agreed, under certain circumstances, to pay New Gold a termination fee of $650,000. Bayfield has also provided New Gold with certain other customary rights, including a right to match competing offers. As part of the transaction, New Gold will loan Bayfield up to $300,000 to cover transaction-related expenses which will be repayable in cash or Bayfield shares in the event Bayfield shareholders do not approve the transaction.
07:23 EDTYELPRBC Capital to hold a conference
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07:12 EDTTWTRCA Technologies to hold a conference
CA World 2014 is being held in Las Vegas on November 9-12.
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