New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 24, 2014
20:25 EDTAPOL, APOL, BKS, BKS, GIS, GIS, LNN, LNN, MON, MONNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Apollo Group (APOL), consensus 66c; Barnes & Noble (BKS), consensus (59c); General Mills (GIS), consensus 72c; Lindsay Corporation (LNN), consensus $1.43; and Monsanto (MON), consensus $1.56.
News For APOL;BKS;GIS;LNN;MON From The Last 14 Days
Check below for free stories on APOL;BKS;GIS;LNN;MON the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
September 9, 2014
10:12 EDTGISNatural food makers rise following Annies acquisition
Shares of a number of natural food makers are climbing after one of the companies in the sector, Annies (BNNY), announced last night that it agreed to be acquired by General Mills (GIS). In a note to investors today, research firm Oppenheimer wrote that the deal should cause the valuations of two natural food makers, Boulder Brands (BDBD) and WhiteWave (WWAV), to rise in the near-term. WHAT'S NEW: General Mills last night said that it had agreed to buy Annie's for $46 per share in cash, or $820M. Annies' stock closed yesterday at $33.51. General Mills expects the transaction to be accretive to its earnings in the first 12 months following the completion of the deal. ANALYST REACTION: In a note to investors today, Oppenheimer analyst Rupesh Parikh wrote that the acquisition of Annie's could cause the valuations of stocks in the natural foods sector to rise significantly. The terms of the acquisition of Annies imply a nearly 40x P/E multiple to consensus FY15 forecasts for the company, according to Parikh. The shares of Boulder Brands and WhiteWave should advance in the near-term, added the analyst, who kept Outperform ratings on both names PRICE ACTION: In early trading, WhiteWave rose 3.9% to $37.10, while Boulder Brands jumped 7.6% to $14.25. Another stock in the sector, Hain Celestial (HAIN), advanced 3.5% to $101.17, while Annies surged 37% to $46 and General Mills slipped 0.5% to $53.26.
09:12 EDTGISOn The Fly: Pre-market Movers
Subscribe for More Information
08:37 EDTBKSBarnes & Noble's NOOK launched first co-branded tablet with Samsung
Subscribe for More Information
08:33 EDTBKSBarnes & Noble sees FY15 college SSS to decline low-single digits
For FY15 the company continues to expect both Retail comparable bookstore sales and Retail Core comparable bookstore sales to decline in the low-single digits. College comparable store sales are also expected to decline in the low-single digits. The company expects full fiscal year EBITDA losses in the NOOK segment to decline versus the prior year.
08:32 EDTBKSBarnes & Noble says making progress on separation of Retail and NOOK Media
Subscribe for More Information
08:32 EDTBKSBarnes & Noble reports Q1 EPS (56c), consensus (63c)
Reports Q1 revenue $1.2B, consensus $1.26B. “Core” comparable bookstore sales, which exclude sales of NOOK products, decreased 0.4% for the quarter. Comparable College store sales decreased 2.0% for the quarter, primarily impacted by the timing of the start of the back-to-school rush season as compared to last year. Comparable College store sales reflect the retail selling price of new or used textbooks when rented, rather than solely the rental fees received and amortized over the rental period. The NOOK segment had revenues of $70 million for the quarter, decreasing 54.3% from a year ago.
08:02 EDTGISBoulder Brands WhiteWave Foods could be lifted by Annie's deal, says Oppenheimer
Subscribe for More Information
06:29 EDTBKSBarnes & Noble results likely to highlight retail business strength, WSJ says
Subscribe for More Information
06:11 EDTGISAnnie's volatility expected to move on being acquired by General Mills for $820M
Subscribe for More Information
06:10 EDTGISGeneral Mills acquisition a logical long-term move, says Deutsche Bank
Subscribe for More Information
September 8, 2014
18:31 EDTGISOn The Fly: After Hours Movers
UP AFTER EARNINGS: Casey's General Stores (CASY), up 3.6%... Korn/Ferry (KFY), up 2.8%. ALSO HIGHER: Annies (BNNY), up 37.3% after General Mills (GIS) announced it will acquire the company for $46 per share... General Mills is trading just under 1% higher... Following the Annies/General Mills announcement, Hain Celestial Group (HAIN) is 3.6% higher, WhiteWave Foods (WWAV) is up 6.3%, and Boulder Brands (BDBD) is up 8.7%... iPass (IPAS), up 35.1% after announcing that it is exploring strategic alternatives... CTI BioPharma (CTIC), up 8.1% after being initiated with an Overweight at Piper Jaffray... Threshold Pharmaceuticals (THLD), up 5% after being initiated with a Buy at Cantor. DOWN AFTER EARNINGS: Pep Boys (PBY), down 6.7% following second quarter miss. ALSO LOWER: Pinnacle Foods (PF), down 3.7% after filing an automatic common stock shelf and announcing the sale of 15M shares of common stock for holders... Physicians Realty Trust (DOC), down 4.9% after offering 9M common shares.
17:50 EDTGISFood product stocks higher after General Mills acquires Annie's
Subscribe for More Information
17:31 EDTGISGeneral Mills sees Annie's acquisition accretive in 12 months after completion
Subscribe for More Information
17:17 EDTGISAnnie's up over 37% after General Mills to buy company for $46 per share
Subscribe for More Information
17:05 EDTGISGeneral Mills to buy Annie's for $46 per share in cash
Subscribe for More Information
17:02 EDTGISGeneral Mills to buy Annie's for $46 per share in cash
Subscribe for More Information
15:27 EDTBKSNotable companies reporting before tomorrow's open
Subscribe for More Information
13:53 EDTBKSBarnes & Noble September volatility increases into Q1 and guidance
Subscribe for More Information
September 5, 2014
14:42 EDTMONCHS Inc. names David Black as Chief Information Officer
Subscribe for More Information
08:18 EDTBKSBarnes & Noble September volatility elevated into Q1 and guidance
Barnes & Noble September call option implied volatility is at 63, October is at 49, January is at 45; compared to its 26-week average of 46 according to Track Data, suggesting large near term price movement into the expected release of Q1 results on September 9.
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use