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Stock Market & Financial Investment News

News Breaks
November 6, 2012
12:10 EDTAOL, ODP, OMX, CVC, NYX, ENOC, WTW, SREV, ESRXOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday as Americans headed to the polls. Stock futures improved during the premarket trading session, leading to a slightly higher open for the broader market. The averages slowly gained upside momentum and eventually punched through for their best gains in a couple of weeks. The domestic economic calendar was quiet and investors may be factoring an end to the presidential election process, along with hope that political leaders will get back to work on the country’s problems, as the catalyst for the buying... ECONOMIC EVENTS: In the U.S., the Job Openings and Labor Turnover survey, or JOLTs report, showed job openings fell 100K to 3.56M in September from 3.66M in August. In Europe, a report showed that the shared currency area's business activity shrank in October at its steepest rate in over three years. In Germany in particular, which is the region's biggest economy, the composite services and manufacturing purchasing managers index came in at 48.4, below the consensus forecast of 49.3, and factory orders for the month of September were weaker than expected as well... COMPANY NEWS: Among companies reporting earning last night and this morning, AOL (AOL), Office Depot (ODP) and OfficeMax (OMX) advanced, while Cablevision (CVC) and NYSE Euronext (NYX) declined... MAJOR MOVERS: Among the notable gainers were EnerNOC (ENOC), up 21% following price target raises at RW Baird and Needham after its Q3 results, and Weight Watchers (WTW), up over 16% after its quarterly earnings beat expectations. Among the noteworthy losers was ServiceSource (SREV), down 35% amid at least three downgrades after the company lowered its revenue growth view for the upcoming quarter and the fiscal year. Also lower were shares of Express Scripts (ESRX), down 13% after saying that it views current consensus estimates for 2013 as "overly aggressive" and disclosing that its Accredo Health unit received a subpoena from the Department of Justice... INDICES: Near noon, the Dow was up 171.63, or 1.31%, to 13,284.07; the Nasdaq was up 21.82, or 0.73%, to 3,021.48; and the S&P 500 was up 14.96, or 1.06%, to 1,432.22.
News For AOL;ODP;OMX;CVC;NYX;ENOC;WTW;SREV;ESRX From The Last 14 Days
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August 29, 2014
13:22 EDTESRXExpress Scripts management to meet with SunTrust
Meeting to be held in New York on September 4 hosted by SunTrust.
August 26, 2014
11:44 EDTWTWOptions with increasing implied volatility
Options with increasing implied volatility: TLM CODE TRW GILD WTW PSEC
August 20, 2014
11:47 EDTWTWOptions with increasing implied volatilit
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09:24 EDTAOLVringo intends to seek en banc review of decision in I/P Engine case
Vringo (VRNG) announced that its wholly-owned subsidiary I/P Engine, Inc. intends to file a petition with the United States Court of Appeals for the Federal Circuit seeking en banc review of the split appellate decision in its case against AOL (AOL), Google (GOOG) et al. that issued on August 15 and reversed the judgment of the United States District Court for the Eastern District of Virginia. Under the Federal Circuit's rules, I/P Engine's petition for en banc review is due on September 15. I/P Engine has filed an unopposed motion seeking a 30-day extension, which would make its petition due October 15. Upon receiving the requested extension, I/P Engine may file the petition on or anytime prior to October 15.
August 19, 2014
08:36 EDTENOCEnerNOC announces investment in WeSpire
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August 18, 2014
08:03 EDTSREVServiceSource CEO Smerklo resigns
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