New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 26, 2012
10:00 EDTARO, HNZ, ILMN, WAIR, VRSN, MCD, HMA, CCK, CYH, CHS, AKZOY, BLL, AGU, HMCOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Aeropostale (ARO) downgraded to Neutral from Buy at Janney Capital... Agrium (AGU) downgraded to Neutral from Overweight at Atlantic Equities... AkzoNobel (AKZOY) downgraded to Sell from Neutral at Citigroup... Ball (BLL) downgraded to Hold from Buy at Deutsche Bank... Chico's FAS (CHS) downgraded to Market Perform from Outperform at FBR Capital... Community Health (CYH) downgraded to Neutral from Outperform at RW Baird... Crown Holdings (CCK) downgraded to Hold from Buy at Deutsche Bank... Health Management (HMA) downgraded to Neutral from Outperform at RW Baird... McDonald's (MCD) downgraded to Neutral from Buy at Lazard Capital... Vanguard Health (VHS) downgraded to Neutral from Outperform at RW Baird... VeriSign (VRSN) downgraded to Equal Weight from Overweight at First Analysis... Wesco Aircraft (WAIR) downgraded to Underperform from Buy at BofA/Merrill... Illumina (ILMN) downgraded to Neutral from Outperform at RW Baird... Heinz (HNZ) downgraded to Hold from Buy at Stifel Nicolaus... Honda (HMC) downgraded to Neutral from Outperform at Macquarie.
News For ARO;AGU;BLL;AKZOY;CHS;CYH;CCK;HMA;MCD;VRSN;WAIR;ILMN;HNZ;HMC From The Last 14 Days
Check below for free stories on ARO;AGU;BLL;AKZOY;CHS;CYH;CCK;HMA;MCD;VRSN;WAIR;ILMN;HNZ;HMC the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | all recent news | >>
July 22, 2014
09:08 EDTMCDOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Chipotle (CMG), up 10.7%... Crocs (CROX), up 5%... Lockheed Martin (LMT), up 1.4%. ALSO HIGHER: GreenHunter Resources (GRH), up 10.3% after announcing intent to form MLP... TG Therapeutics (TGTX), up 9.5% after reporting Q2 results, preclinical study results, price target on shares raised to $19 from $13 at Brean Capital... FuelCell (FCEL), up 5.4% after announcing German government support, EUR 4.9M in research awards... Apache (APA), up 5.2% after Bloomberg says activist investor JANA Partners disclosed $1B position in the stock. DOWN AFTER EARNINGS: Harley-Davidson (HOG), down 4.1%... Travelers (TRV), down 3.4%... McDonald's (MCD), down 2.3%... Coca-Cola (KO), down 2.5%. ALSO LOWER: Amazon.com (AMZN), down 1% following downgrade to Neutral rating at Citigroup.
08:15 EDTMCDMcDonald's CEO: Near-term results expected to remain muted
Subscribe for More Information
08:00 EDTMCDMcDonald's reports Q2 global comparable sales relatively flat
Subscribe for More Information
07:58 EDTMCDMcDonald's reports Q2 EPS $1.40, consensus $1.44
Subscribe for More Information
06:43 EDTMCDChina food scandal expands, ropes-in Starbucks, others, Reuters says
Subscribe for More Information
July 21, 2014
17:50 EDTMCDMcDonald's stock doesn't look ready for gains, Barron's says
Subscribe for More Information
17:04 EDTCCKCrown Holdings reports Q2 adjusted EPS $1.01, consensus 99c
Subscribe for More Information
16:22 EDTMCDOn The Fly: Closing Wrap
Stocks on Wall Street began the trading day in negative territory and remained there through nearly the whole session. The market action was influenced more by the geopolitical events in Russia and Israel than by the upcoming avalanche of earnings scheduled for release throughout the week. Despite the weak open and subsequent drop during the first hour of trading, the market drifted off its lows and managed to pare its losses, even turning mixed for a short time. The averages dipped again heading into the bell, though they closed well of their worst levels. ECONOMIC EVENTS: In the U.S., the Chicago Fed's National Activity Index dipped to 0.12 in June from a reading of 0.16 in May. COMPANY NEWS: Allergan (AGN) rose $3.74, or 2.23%, to $171.14 after the company's Q2 results and its FY14 outlook beat expectations. The company, which is working to fend off a proposed acquisition by Valeant Pharmaceuticals (VRX), also announced plans to cut its workforce by 13%, or about 1,500 employees, as part of a broader restructuring effort. In related news, Valeant announced it has contacted both the SEC and Canadian financial authorities regarding Allergan's "apparent attempt to mislead investors and manipulate the market for Valeant common shares by continuing to make false and misleading statements regarding Valeant's business." Later in the day, Bill Ackman of Pershing Square, who is partnering with Valeant in its attempt to buy Allergan, called the restructuring a "Valeant light" effort and said Valeant does not need to raise its bid for Allergan. Ackman explained that he believes that shares of Valeant will rise around $10 should the Allergan board engage in takeover talks with the company and that a $10 share rise would boost Valeant's bid for Allergan by $8 per share. MAJOR MOVERS: Among the notable gainers was Extreme Networks (EXTR), which rose 69c, or 15.79%, to $5.06 after the company raised its Q4 earnings per share outlook and narrowed its Q4 revenue view. Also higher were shares of EMC (EMC), which advanced $1.35, or 5.0%, to $28.33 after the Wall Street Journal reported, citing sources, that activist investor Elliott Management has taken a stake of over $1B in the data-storage company and plans to push it to break itself up and spin off VMware (VMW), which is 80% owned by EMC. Shares of VMware fell $2.36, or 2.48%, to $92.95 following the Journal's report. Among the other noteworthy losers was Monster Beverage (MNST), which fell $3.07, or 4.53%, to $64.74 after Morgan Stanley downgraded the stock, citing slowing U.S. trends and balanced valuation. Also lower were shares of Yum! Brands (YUM), which fell $3.29, or 4.25%, to $74.13 after Associated Press reported that the company's KFC brand and McDonald's (MCD) were sold expired beef and chicken in China from food supplier Husi Food. Shares of McDonald's, which is scheduled to report on its quarter before tomorrow's market open, slid $1.44, or 1.45%, to $97.55. INDEXES: The Dow fell 48.45, or 0.28%, to 17,051.73, the Nasdaq dropped 7.44, or 0.17%, to 4,424.70, and the S&P 500 declined 4.59, or 0.23%, to 1,973.63.
15:30 EDTMCDNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Verizon (VZ), consensus 90c; Coca-Cola (KO), consensus 63c; Comcast (CMCSA), consensus 72c; United Technologies (UTX), consensus $1.70; McDonald's (MCD), consensus $1.44; Altria Group (MO), consensus 66c; du Pont (DD), consensus $1.17; Lockheed Martin (LMT), consensus $2.66; Kimberly-Clark (KMB), consensus $1.50; Travelers (TRV), consensus $2.07; Ingersoll-Rand (IR), consensus $1.11; State Street (STT), consensus $1.26; TD Ameritrade (AMTD), consensus 34c; Harley-Davidson (HOG), consensus $1.46; Polaris Industries (PII), consensus $1.39; Crocs (CROX), consensus 31c.
15:30 EDTCCKNotable companies reporting after market close
Subscribe for More Information
15:22 EDTMCDMcDonald's technical comments before results
In the last three months the shares have traded essentially flat, off of the life high set at $103.78 earlier in the period. On a longer term basis the shares have had difficulty maintaining price above the $100 level. Going back to January 2012 there have been three distinct times this level has been attempted which have all failed. We could be seeing major topping action in the stock. How shares behave now will be critical for the next move. On stronger fundamental news, there could be a test to the old high that holds and gets built upon. That would require the shares take out at least the $105 area on the upside without retracing below $100 thereafter. On weaker news than expected the stock could enter a major decline given these three tops above $100. Triple tops often see deeper corrections follow. Support below the current price of $97.70 is at the $94.40 area. This level has held as support in the last few months. A break below would see the 52-week low at $92.22 as next support, followed by $89.85.
14:05 EDTMCDEarnings Preview: McDonald's to return up to $20B to investors from 2014-2016
Subscribe for More Information
11:00 EDTMCDStarbucks China says one of its suppliers got meat from Husi, Bloomberg reports
Subscribe for More Information
09:10 EDTMCDOn The Fly: Pre-market Movers
HIGHER: Allergan (AGN), up 0.5% after Q2 results, FY14 outlook beat expectations and the company announces plans to reduce workforce by about 1,500 employees as part of restructuring. Also, Valeant (VRX) announced it has contacted both the SEC and Canadian financial authorities regarding Allergan's "apparent attempt to mislead investors and manipulate the market for Valeant common shares by continuing to make false and misleading statements regarding Valeant's business"... Extreme Networks (EXTR), up 13% after raising Q4 EPS, revenue view... Gas Natural (EGAS), up 6% after confirming it rejected $13 per share unsolicited offer from Algonquin Power... EMC (EMC), up 4.5% after the WSJ says Elliot Management took a stake of over $1B in the firm and plans to push the company to break itself up... GoPro, (GPRO), up 2.8% after initiated at several firms including Citigroup, Barclays and JPMorgan... Kandi Technologies (KNDI), up 6% after China Daily said China will not to waive a sales tax on electric cars made by foreign companies. Tesla (TSLA) is down 1% following the report. UP AFTER EARNINGS: Halliburton (HAL), up 0.5%... LOWER: Reynolds American (RAI), down 2.3% after a Florida jury hit the company with $23.6B in punitive damages in a lawsuit filed by the widow of a longtime smoker. Shares of fellow tobacco companies also fell after the jury decision, as Lorillard (LO) fell 2% and Altria (MO) slid 1.6%... Yum! Brands (YUM), down 2% after AP reported that a Shanghai TV station said a food supplier sold expired beef and chicken to the company's KFC brand in China along with to McDonald's (MCD), which is down 0.7%. DOWN AFTER EARNINGS: PetMed Express (PETS), down 2.4%... Hasbro (HAS), down 1.3%.
06:32 EDTILMNIllumina's NGS selected by Berry Genomics
Subscribe for More Information
06:22 EDTMCDMcDonald's July weekly volatility elevated into Q2
Subscribe for More Information
05:59 EDTMCDMcDonald's, KFC face expired food scandal in China, AP reports
Subscribe for More Information
July 18, 2014
15:23 EDTHMCJapan to provide generous subsidies for fuel cell vehicles, Nikkei says
Subscribe for More Information
July 17, 2014
10:00 EDTILMNOn The Fly: Analyst Initiation Summary
Subscribe for More Information
06:20 EDTILMNIllumina initiated with a Buy at Citigroup
Subscribe for More Information
1 | 2 | 3 | 4 | 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