News Breaks |
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| February 4, 2013 |
| 12:16 EDT |  | BRO, HUM, APKT, CS, CYBX, ORCL, YOKU, GCI, SONS | On The Fly: Midday Wrap
Stocks on Wall Street were sharply lower at midday, with the major averages giving back most or all of Friday's gains. The indices began the session deep in negative territory and remain that way near the lunch hour. There was little on the domestic economic calendar to account for the weakness, but some market participants were attributing the move to profit-taking following a strong start to the year along with political concerns resurfacing in Europe... ECONOMIC EVENTS: In the U.S., the ISM New York area reading of 56.7 was ahead of the expected reading of 53.0. A separate report showed factory orders increased 1.8% in December, versus an expected increase of 2.3%. In Europe, Spanish and Italian government bond yields rose following political developments in both countries. Spain's opposition Socialist Party called on Prime Minister Mariano Rajoy to resign over a corruption scandal, while in Italy former PM Silvio Berlusconi's popularity is seeing a resurgence, which may threaten the reforms implemented by the outgoing government. In Asia, a report over the weekend showed China's non-manufacturing PMI ticked up to 56.2 from 56.1 last month... COMPANY NEWS: Shares of Acme Packet (APKT) surged 22.2% and traded at the $29.25 price it agreed to in a deal to be acquired by Oracle (ORCL). Several companies offering solutions in the same technology area advanced as well, particularly Sonus Networks (SONS), which climbed over 13%. Meanwhile, Oracle slid a bit more than 2% following the deal announcement... Among companies reporting earnings this morning, Humana (HUM) advanced while Gannett (GCI) declined... MAJOR MOVERS: Among the notable gainers was Cyberonics (CYBX), which rallied 8% after a former employee dropped a lawsuit against the company. Also higher were shares of Brown & Brown (BRO), which rose 5.5% after it reported quarterly results after the bell Friday and was upgraded to Outperform at Raymond James this morning. Among the noteworthy losers were Youku Tudou (YOKU), which fell over 6% after Maxim downgraded shares to a Sell rating, and Credit Suisse (CS), down nearly 6% as well following an initiation of coverage with a Hold rating at Canaccord... INDICES: Near noon, the Dow was down 139.75, or 1.00%, to 13,870.04; the Nasdaq was down 41.09, or 1.29%, to 3,138.01; and the S&P 500 was down 15.94, or 1.05%, to 1,497.23. |
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News For APKT;SONS;ORCL;HUM;GCI;CYBX;BRO;YOKU;CS From The Last 14 Days Check below for free stories on APKT;SONS;ORCL;HUM;GCI;CYBX;BRO;YOKU;CS the last two weeks. |
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| June 19, 2013 |
| 11:25 EDT |  | CS | Swiss lawmakers reject U.S. tax deal in final vote, Reuters says
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| 11:16 EDT |  | CS | Swiss parliament rejects U.S. bank account deal, Bloomberg reports
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| 10:19 EDT |  | GCI | Gannett price target raised to $31 from $25 at Barrington
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| 10:01 EDT |  | BRO | On The Fly: Analyst Downgrade Summary
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| 08:29 EDT | | GCI | Gannett price target raised to $28.50 from $21.50 at Imperial Capital
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| 07:28 EDT |  | ORCL | Oracle June volatility elevated at 66 into Q4 and cash flow outlook
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| 06:00 EDT | | GCI | Stocks with implied volatility below IV index mean; GMCR GCI
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| 05:56 EDT | | BRO | Brown & Brown downgraded to Market Perform from Outperform at William Blair
William Blair downgraded Brown & Brown citing a weakening pricing environment. |
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| June 18, 2013 |
| 17:19 EDT | | GCI | Gannett reports 10.2% series A stake in Belo
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| 10:01 EDT |  | BRO | On The Fly: Analyst Initiation Summary
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| 09:22 EDT | | BRO | Brown & Brown initiated with a Buy at Compass Point
Target $40. |
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| 07:30 EDT |  | CYBX | Northcoast to host a forum
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| 07:29 EDT | | CS | Securities Industry and Financial Markets Association to host a conference
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| 06:01 EDT | | GCI | Stocks with implied volatility below IV index mean; GMCR GCI
Stocks with implied volatility below IV index mean; Green Mountain (GMCR), Gannett (GCI) according to IVolatility. |
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| June 17, 2013 |
| 19:07 EDT | | ORCL | Oracle secures judgment against ServiceKey
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| 11:15 EDT | | ORCL | Oracle June volatility up into Q4 and outlook for cash return to shareholders
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| 06:42 EDT | | HUM | Choices provided by health insurance exchanges to vary widely, NY Times says
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| 05:53 EDT | | GCI | Stocks with implied volatility below IV index mean; GMCR GCI
Stocks with implied volatility below IV index mean; Green Mountain (GMCR), Gannett (GCI) according to IVolatility. |
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| June 14, 2013 |
| 05:59 EDT | | GCI | Stocks with implied volatility movement; GCI SWY
Stocks with implied volatility movement; Gannett (GCI), Safeway (SWY) according to IVolatility. |
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| 05:56 EDT | | CS | BlackRock's stock funds fall behind many U.S. competitors, WSJ reports
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