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Stock Market & Financial Investment News

News Breaks
August 30, 2013
16:42 EDTAAMRQ, SPLK, LCC, PSUN, CRM, APA, KKDOn The Fly: Closing Wrap
Stocks on Wall Street were lower as each of the major indexes finished the month with losses, lead by the Dow and S&P, which each lost more than 3% in August. The averages drifted lower for the beginning of the session, turning more volatile after statements regarding Syria were made by both U.S. Secretary of State John Kerry and President Obama, with the indexes closing off their worst levels of the session. 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 July?s reading of 85.1. COMPANY NEWS: Shares of energy explorer Apache (APA) rose $7.04, or 8.95%, to $85.68 after the company last night 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, notably RBC Capital, which upgraded the stock to Outperform from Sector Perform... A federal judge set a November 25 trial date in the U.S. Justice Department's challenge to the proposed merger between US Airways (LCC) and American Airlines parent AMR Corp. (AAMRQ). MAJOR MOVERS: Among the notable gainers was cloud software company salesforce.com (CRM), up $5.48, or 12.55%, to $49.13 after beating second quarter estimates and raising its full year 2014 outlook. Also higher following a better-than-expected earnings report was another software company, Splunk (SPLK), which gained $6.29, or 12.86%, to $55.21, as the stock was also upgraded at FBR Capital. Among the noteworthy losers were shares of doughnut maker Krispy Kreme (KKD), down $3.51, or 15.11%, to $19.72 after its earnings and guidance missed expectations. Also lower was teen retailer Pacific Sunwear (PSUN), down 66c, or 16.84%, to $3.26, which reported an in-line second quarter but gave an earnings and revenue outlook for the third quarter that fell short of estimates. INDEXES: The Dow was down 30.64, or 0.21%, to 14,810.31; the S&P 500 was down 5.20, or 0.32%, to 1,632.97; the Nasdaq was down 30.43, or 0.84%, to 3,589.87.
News For APA;LCC;AAMRQ;CRM;SPLK;KKD;PSUN 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
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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