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Stock Market & Financial Investment News

News Breaks
April 25, 2013
15:34 EDTBMRN, MXIM, EMN, CERN, SBUX, EXPE, ALTR, RSG, CB, AMZN, VRSN, KLAC, PFG, RRC, BIDUNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Amazon (AMZN), consensus 9c; Starbucks (SBUX), consensus 48c; Baidu (BIDU), consensus $1.03; Chubb (CB), consensus $1.74; Cerner (CERN), consensus 63c; Range Resources (RRC), consensus 28c; Republic Services (RSG), consensus 40c; Eastman Chemical (EMN), consensus $1.57; Principal Financial Group (PFG), consensus 74c; Altera (ALTR), consensus 33c; Maxim Integrated Products (MXIM), consensus 42c; KLA-Tencor (KLAC), consensus 86c; Expedia (EXPE), consensus 23c; BioMarin Pharmaceutical (BMRN), consensus (29c); VeriSign (VRSN), consensus 54c.
News For AMZN;SBUX;BIDU;CB;CERN;RRC;RSG;EMN;PFG;ALTR;MXIM;KLAC;EXPE;BMRN;VRSN From The Last 14 Days
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November 11, 2014
09:37 EDTBIDUActive equity options trading
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06:03 EDTAMZNQ4 global tablet shipments estimated at 74.5M units, DigiTimes reports
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November 10, 2014
15:57 EDTEXPEWorldwide Business Research to hold a conference
ProcureCon for Digital & Marketing Services 2014 is being held in San Antonio on November 11-13.
15:55 EDTEXPENorthStar Travel Media to hold a conference
PhoCusWright Conference is being held in Los Angeles on November 11-13.
15:44 EDTAMZNAmazon Web Services to hold a conference
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10:33 EDTEXPERoutehappy announces partnership with Expedia
Routehappy announced it entered a partnership with Expedia for full access to its proprietary Scores & Happiness Factors API. As part of the agreement, Expedia has full access to Routehappy's Score & Happiness Factors API, allowing its brands to integrate data into its search functionalities so customers can filter results by seat, amenities, and speed.
10:04 EDTBMRNOn The Fly: Analyst Upgrade Summary
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09:27 EDTBIDUXiaomi rumored to mull stakes in Youku Tudou, Baidu unit, Marbridge Daily says
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08:20 EDTBIDUBaidu subsidiary to buy 1,000 US films in 2015
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07:23 EDTEXPERBC Capital to hold a conference
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07:11 EDTEXPEOpen Mobile Media to hold a summit
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06:09 EDTBIDULightInTheBox, Baidu Dianxin form strategic partnership
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06:02 EDTBMRNBioMarin upgraded to Buy from Neutral at Goldman
Goldman upgraded BioMarin to Buy based on increased confidence in BMN-111 for achondroplasia with expected proof-of-concept data in Q2 2015. The firm now sees a greater than 50% probability of success and peak sales of $900M. Price target raised to $104 from $78.
November 8, 2014
14:03 EDTAMZNJefferies software and internet analysts hold a dinner meeting
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November 7, 2014
16:00 EDTAMZNOptions Update; November 7, 2014
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09:36 EDTAMZNActive equity options trading
Active equity options trading according to Track Data: AAPL WFM ABX GILD TSLA ZNGA FB FSLR GOOG AMZN
08:46 EDTAMZNCord cutting accelerates as pay-TV loses 179K customers in Q3, WSJ reports
The pay-TV industry lost about 179K customers in Q3, which is steeper than the decline of 83K in the same quarter of last year, reported The Wall Street Journal, citing company reports and estimates from research firm MoffettNathanson. Companies that provide television service include AT&T (T), Verizon (VZ), DISH (DISH), Charter (CHTR), DirecTV (DTV), Cablevision (CVC), Comcast (CMCSA) and Time Warner Cable (TWC). Netflix (NFLX) and Amazon (AMZN) provide television and movie streaming services that compete with broadcast and cable television network offerings. Reference Link
08:11 EDTCBOptions expected to be active
Options expected to be active @ CBOE: DIS FSLR RIG RMTI SLXP ZNGA PBR SHLD CP CSX NSC NVDA FSLR
07:46 EDTPFGPrincipal Financial management to meet with Sterne Agee
Field trip to company headquarters in Des Moines will be held on November 10 hosted by Sterne Agee.
05:20 EDTPFGPrincipal Financial to acquire AXA Hong Kong pension business for $335M
The Principal Financial Group (PFG) announced that it will acquire AXA’s (AXAHY) Mandatory Provident Fund, or MPF, and Occupational Retirement Schemes Ordinance, or ORSO, pension business in Hong Kong for approximately $335M. The Principal and AXA will also enter into an exclusive 15-year distribution agreement to provide pension products through AXA’s agency network in Hong Kong. The transaction is expected to close 3Q15. Upon approval, The Principal will more than double the assets under management of its Hong Kong pension business to more than $6B and will be ranked as the fifth largest MPF provider in that market. The company expects the transaction to be accretive to EPS and ROE in the first full year.
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