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Stock Market & Financial Investment News

News Breaks
August 30, 2013
12:24 EDTSPLK, LCC, CRM, OVTI, AAMRQ, APA, KKDOn The Fly: Midday Wrap
Stocks on Wall Street were lower at midday as the worst month for the market in some time looks set to have a fitting last day of trading. Investors received data on personal spending, a regional business barometer and a final confidence reading for the month, but given the risks of a possible weekend military action in Syria investors did not appear ready to add to their stock exposure ahead of the long holiday weekend. The Nasdaq, which was within striking distance of ending the week in positive territory early in the session, has dropped along with the other averages, making it look as if it will suffer its fourth consecutive weekly decline. ECONOMIC EVENTS: In the U.S., consumer spending rose less than forecast in July as income growth slowed. Personal income in the month rose 0.1%, versus the expected increase of 0.2%, while personal spending rose 0.1%, versus an expected 0.3% increase. The Chicago ISM rose 0.7 points to 53.0 in August, matching the forecast of analysts. The final August reading of the University of Michigan Consumer Sentiment survey was revised up to 82.1, which was higher than the preliminary August estimate of 80.0, but lower than Julyís reading of 85.1. In Asia, Japanís consumer prices increased at the fastest pace since 2008 in July, a sign Prime Minister Shinzo Abe's steps to pull the nation's economy out of 15 years of deflation have made progress. COMPANY NEWS: Shares of energy explorer Apache (APA) rose after the company announced a deal to sell a 33% stake in its Egyptian business to China's Sinopec for $3.1B in cash. A number of analysts reacted positively to the news and Apache's stock advanced about 7% near noon... A judge sided with US Airways (LCC) and American Airlines parent AMR Corp. (AAMRQ) and set a November date for a trial to rule on the Department of Justice's challenge to the airlines' proposed merger. Shares of US Air rose 4% and AMR shares were up nearly 9% following the ruling. MAJOR MOVERS: Among the notable gainers was enterprise cloud computing provider Salesforce.com (CRM), which rose 14% after the company beat second quarter estimates and raised its full year 2014 outlook. Also higher following its earning report was another tech name, Splunk (SPLK), which was upgraded at FBR Capital and gained 11%. Among the noteworthy losers was image-sensor devices company OmniVision Technologies (OVTI), which fell over 15% after the company's first quarter revenue fell shy of consensus estimates and it issued disappointing guidance. Also lower following its earnings report was donut maker Krispy Kreme (KKD), which saw its stock drop 14%. INDEXES: Near noon, the Dow was down 39.84, or 0.27%, to 14,801.11; the Nasdaq was down 24.24, or 0.67%, to 3,596.06; and the S&P 500 was down 4.55, or 0.28%, to 1,633.62.
News For APA;CRM;SPLK;AAMRQ;LCC;KKD;OVTI From The Last 14 Days
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July 30, 2015
10:32 EDTSPLKOptions with increasing implied volatility
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10:13 EDTSPLKOptions with increasing implied volatility
Options with increasing implied volatility: ESPR SRPT CX RAX YY SPLK QIHU HFC OWW BBY
July 29, 2015
10:41 EDTSPLKOptions with increasing implied volatility
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10:27 EDTSPLKOptions with decreasing implied volatility
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July 28, 2015
09:38 EDTCRMSalesforce announce new version of Salesforce1 for iOS
In a corporate blog post, Salesforce (CRM) announced a new version of Salesforce1 for iOS, which it said brings a "brand new way to access and edit documents in external repositories such as SharePoint and OneDrive for Business and also seamlessly edit them using Office iOS apps." Salesforce added that the release is the "latest in a series of milestones based on our strategic partnership with Microsoft (MSFT)." Reference Link
July 27, 2015
05:56 EDTCRMStocks with implied volatility movement; CRM GILD
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July 24, 2015
12:58 EDTOVTIOmniVision stockholders approve merger with consortium
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05:45 EDTSPLKProofpoint price target raised to $80 from $70 at Summit Research
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July 22, 2015
06:30 EDTAPAApache coverage assumed with a Neutral at Credit Suisse
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05:24 EDTCRMStocks with implied volatility movement; CHK CRM
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July 21, 2015
15:11 EDTCRMEarnings Watch: Microsoft up 5% since announcing Nokia writedown
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09:56 EDTCRMSalesforce rallies amid renewed speculation of Microsoft deal
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09:55 EDTCRMSalesforce calls active
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July 17, 2015
10:13 EDTAPAApache upgraded to Buy from Neutral at Citi
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10:05 EDTSPLKOn The Fly: Analyst Initiation Summary
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07:43 EDTOVTIOmniVision to host special shareholder meeting
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06:36 EDTSPLKSplunk initiated with an Outperform at RBC Capital
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