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Stock Market & Financial Investment News

News Breaks
December 18, 2012
12:28 EDTGALE, NLSN, RGR, ARB, GTAT, SWHCOn The Fly: Midday Wrap
Stocks on Wall Street were markedly higher at midday as optimism surrounding the fiscal cliff negotiations continues to spur buying. Investors have been paying less attention to recent economic reports to focus instead on the fiscal cliff, as demonstrated by the NAHB Housing Market index prompting little reaction, despite its highest reading since April 2006. The averages moved to session highs following comments from both sides of Washington's negotiating table that they hope a deal can still be reached... ECONOMIC EVENTS: In the U.S., the National Association of Home Builders index of builder confidence increased to 47, as was forecast. Also, the current-account deficit in the U.S. narrowed in the third quarter to $107.5B from a $118.1B shortfall in the prior quarter. Economists expected the deficit would narrow to about $103B... COMPANY NEWS: Gunmakers Smith & Wesson (SWHC) and Sturm, Ruger (RGR) continued their recent weakness as a Wall Street Journal cover story highlighted some of the ways American companies are distancing themselves from guns and their makers amid a public outcry in the aftermath of last week's tragedy in Connecticut. Among the recent developments underscored was the decision from private equity firm Cerberus Capital Management to put gunmaker Freedom Group up for sale... MAJOR MOVERS: Among the notable gainers was Arbitron (ARB), up over 23% after agreeing to be bought by Nielsen (NLSN) for $48 per share in cash. Shares of acquirer Nielsen also rose about 3%. Among the noteworthy losers was Galena Biopharma (GALE), down 17% after it sold common stock and warrants to purchase additional shares in a public offering. Also lower was GT Advanced Technologies (GTAT), which was downgraded at Raymond James and Stifel Nicolaus and saw its shares slide more than 12% after issuing guidance well below Street expectations... INDICES: Near noon, the Dow was up 83.20, or 0.63%, to 13,318.59; the Nasdaq was up 33.89, or 1.13%, to 3,044.49; and the S&P 500 was up 11.60, or 0.81%, to 1,441.96.
News For ARB;NLSN;SWHC;RGR;GALE;GTAT From The Last 14 Days
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March 26, 2015
07:24 EDTNLSNWells Fargo to hold a forum
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07:16 EDTGALEGalena expands patient population in phase 2b NeuVax, trastuzumab trial
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March 25, 2015
06:36 EDTNLSNNielsen to measure Netflix & Amazon viewing by middle of 2015, Bloomberg reports
Nielsen (NLSN) CEO Mitch Barns said the company will begin offering data on viewing by Netflix (NFLX) and Amazon (AMZN) Prime subscribers starting mid-year, reports Bloomberg. Although Netflix and Amazon have been unwilling to share what their subscribers watch, Nielsen has been testing technology that measures audiences by listening to shows and sharing the results with select clients. Reference Link
March 24, 2015
18:24 EDTNLSNNielsen says to unveil way to measure Netflix viewing by midyear, Bloomberg says
March 17, 2015
11:23 EDTNLSNApple willing to share TV data to attract programming partners, NY Post reports
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