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Stock Market & Financial Investment News

News For APKT;ORCL;SONS;HLF;NUS;BTH;PKT;RMTI;MOBI;PC;RCL;CLX;HUM From The Last 14 Days
Check below for free stories on APKT;ORCL;SONS;HLF;NUS;BTH;PKT;RMTI;MOBI;PC;RCL;CLX;HUM the last two weeks.
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May 22, 2013
13:11 EDTPCPanasonic to cease U.S. production of solar cell wafers, Nikkei says
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11:57 EDTPKTProcera Networks management to meet with Needham
Meeting to be held in San Francisco on May 28 hosted by Needham.
07:22 EDTORCLFusion-io may be in play after valuation decline, Bloomberg reports
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06:31 EDTHLFIcahn up $228M, Ackman down $10M on Herbalife, NY Post reports
Carl Icahn's long position in Herbalife (HLF) is up $228M while Bill Ackman's short position in the company is down $10M, New York Post reports. Reference Link
06:22 EDTRCLRoyal Caribbean vote has CEO against major holder, Bloomberg reports
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May 21, 2013
12:16 EDTHLFHerbalife resumes, up 3.5% to $50.95 after naming PwC as auditor
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12:13 EDTHLFHerbalife selects PricewaterhouseCoopers as auditor, PwC to re-audit prior years
Herbalife announced that the Audit Committee of its Board of Directors has engaged PricewaterhouseCoopers as the company's independent auditors. PwC will commence work immediately to re-audit the company's consolidated financial statements for the fiscal years ended December 31, 2010, 2011 and 2012 and PwC will also review the company’s condensed consolidated financial statements for the first quarter of 2013. “We are very pleased to have engaged PwC to serve as the Company’s independent auditor. They will begin work immediately to re-audit the Company’s December 31, 2010, 2011 and 2012 consolidated financial statements. Investors should rest assured that the Company will be working to assist PwC in any way necessary to facilitate their work,” said the chairman of Herbalife’s audit committee Leroy Barnes.
12:07 EDTHLFHerbalife engages PricewaterhouseCoopers as new audit firm
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11:56 EDTHLFHerbalife trading halted, pending news
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10:06 EDTHLFHerbalife May weekly volatility spikes on sharp rally
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09:37 EDTRCLCruise operaters retreat after Carnival cuts earnings guidance
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09:25 EDTRCLOn The Fly: Pre-market Movers
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May 20, 2013
13:23 EDTSONSSonus Networks management to meet with Jefferies
Meetings to be held in Dallas/Ft. Worth/Houston on May 23-24 hosted by Jefferies.
12:08 EDTSONSSonus Networks upgraded to Outperform from Market Perform at Northland
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10:36 EDTHLFHerbalife June volatility low as shares at four-month high
Herbalife May weekly call option implied volatility is at 60, June is at 44, August and November is at 43; compared to its 26-week average of 58 according to Track Data, suggesting decreasing outer month price movement.
09:47 EDTHUMHumana management to meet with JPMorgan
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May 17, 2013
16:34 EDTCLXClorox board authorizes new $750M share repurchase, cancels old programs
Clorox disclosed in a regulatory filing that on May 13, the board of directors of the company terminated its previously announced May 13, 2008 and May 18, 2011 share repurchase authorizations and authorized an updated share repurchase program for an aggregate purchase amount of up to $750M. This reduces the total dollar value of shares that the company could repurchase under its open market share repurchase program from $821M to $750M. This $750M open market share repurchase program is in addition to the company’s previously announced evergreen repurchase program to reduce or eliminate dilution in connection with issuances of stock under the company’s stock incentive plans.
07:59 EDTPCPanasonic looks to India for smartphone sales, WSJ reports
After it pulled out of the European smartphone market last November because of weak demand, Panasonic is now looking to India's competitive smartphone market, reports the Wall Street Journal. Reference Link
May 16, 2013
10:10 EDTHUMQuest Diagnostics Humana acquires Concentra's laboratory business
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09:59 EDTRCLRoyal Caribbean Vice Chairman, CFO Rice to retire in 2014
Royal Caribbean announced that Brian Rice, Vice Chairman and CFO of Royal Caribbean Cruises, will transition his CFO responsibilities to Jason Liberty as he prepares for his retirement in the spring of 2014. Rice will continue to serve as Vice Chairman until his retirement. In a related move, Jason Liberty has been named the new CFO, effective immediately, and will continue to report to Rice. Liberty joined Royal Caribbean in 2005 and most recently served as Senior Vice President, Strategy and Finance.
May 15, 2013
17:26 EDTHLFThird Point gives quarterly update on stakes
NEW STAKES: Virgin Media (VMED), Tiffany (TIF), B/E Aerospace (BEAV), Anadarko (APC), and Thermo Fisher (TMO). INCREASED STAKES: International Paper (IP), Abbvie (ABBV), TransDigm (TDG), Constellation Brands (STZ), and Dollar General (DG). DECREASED STAKES: Delphi (DLPH), Murphy Oil (MUR), AIG (AIG), LyondellBasell (LYB), and Liberty Global (LBTYA). LIQUIDATED STAKES: Tesoro (TSO), Morgan Stanley (MS), Symantec (SYMC), Herbalife (HLF), and Illumina (ILMN).
16:48 EDTHLFIcahn gives quarterly update on stakes
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15:46 EDTNUSNu Skin volatility at low end of one-year range as shares at record high
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11:48 EDTORCLAppaloosa reports new stakes in Comcast, Ashland, sells Oracle
David Tepper's Appaloosa in its quarterly filing report new positions in Comcast (CMCSA), Prudential (PRU), Hess Corp. (HES), Check Point (CHKP), KBR (KBR) and Ashland (ASH). The fund sold its stakes in Oracle (ORCL) and Noble Corp. (NE). Appaloosa's top position is in Citigroup (C), with a stake worth over $376.9M.
11:28 EDTORCLDavid Tepper's Appaloosa liquidates stake in Oracle
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10:13 EDTCLXOn The Fly: Analyst Downgrade Summary
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09:00 EDTRMTIRockwell Medical falls 7.5%
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07:44 EDTRCLRoyal Caribbean price target raised to $44 from $40 at Argus
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07:05 EDTRMTIRockwell Medical 11.475M share Spot Secondary priced at $3.05
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06:31 EDTCLXClorox downgraded to Neutral from Outperform at Credit Suisse
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May 14, 2013
18:59 EDTRMTIOn The Fly: After Hours Movers
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16:03 EDTRMTIRockwell Medical files to sell common stock, no amount given
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14:46 EDTPKTProcera Networks management to meet with Sterne Agee
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05:37 EDTCLXClorox raises quarterly dividend to 71c per share from 64c per share
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May 13, 2013
07:31 EDTORCLBrightcover to host a conference
3rd Annual Brightcove PLAY Global Customer Conference is being held in Boston on May 13-15.
06:02 EDTMOBISky-mobi reports Q4 EPS 2c, consensus (5c)
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May 10, 2013
15:43 EDTMOBINotable companies reporting before Monday's open
Notable companies reporting before Monday's open, with earnings consensus, include Saratoga Resources (SARA), consensus 1c; Sky-mobi (MOBI), consensus (5c); Primus Telecommunications (PTGI), one estimate 8c; Versar (VSR), one estimate 11c.
14:52 EDTORCLMarket poised to end week higher as tech helps lead advance
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12:56 EDTHLFCarl Icahn says shares of Herbalife should be selling a lot higher
09:03 EDTORCLBroadSoft could be acquired by Oracle, says Pacific Crest
Pacific Crest believes that Oracle's (ORCL) interest in SMX servers could lead that company to buy Broadsoft (BSFT), which integrates IMS applications with SMX technology, according to the firm. Pacific Crest thinks that BroadSoft could be worth up to $42.50 per share in a takeover deal, and it keeps an Outperform rating on the shares.
06:26 EDTHLFDan Loeb confirms out of Herbalife stake, NY Post reports
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May 9, 2013
14:40 EDTHLFDan Loeb has no position in Herbalife, CNBC reports
08:51 EDTHUMHumana appoints Roy A. Beveridge, M.D., as Chief Medical Officer
Humana (HUM) has appointed Roy A. Beveridge, M.D. as Senior VP and Chief Medical Officer, effective June 17. Dr. Beveridge is currently Chief Medical Officer for McKesson Specialty Health, a subsidiary of McKesson (MCK).
May 8, 2013
16:48 EDTRMTIRockwell Medical announces long-term supply agreement with DaVita
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16:15 EDTRMTIRockwell Medical signs long-term supply agreement with DaVita
"Going forward we expect to see increased sales growth, notably from our CitraPure product line, new product offerings and from the increased commitment in our new supply contract with DaVita," the company said.
16:14 EDTRMTIRockwell Medical reports Q1 EPS (72c), consensus (48c)
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10:10 EDTHUMHumana announces plans to add 500 telesales positions
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10:00 EDTBTHBlyth falls 15.5%
Blyth is down 15.5%, or $2.63, to $14.35
09:00 EDTBTHBlyth falls 13.7%
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06:53 EDTORCLOracle estimates raised at Credit Suisse
Credit Suisse raised Oracle estimates due to expectations for hardware product revenue growth in FY14, potential upgrades to the recently released T5 and M5 processors, and revenue growth for Engineered Systems. Shares are Outperform rated with a $40 price target.
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