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Stock Market & Financial Investment News

News Breaks
March 11, 2013
04:55 EDTARX, ARX, ARX, ARX, ARX, STO, STO, STO, STO, STO, RFIL, RFIL, RFIL, RFIL, RFIL, RWC, RWC, RWC, RWC, RWC, PCTI, PCTI, PCTI, PCTI, PCTI, MSI, MSI, MSI, MSI, MSI, HRS, HRS, HRS, HRS, HRS, GD, GD, GD, GD, GD, DRWI, DRWI, DRWI, DRWI, DRWI, CRNT, CRNT, CRNT, CRNT, CRNT, T, T, T, T, T, AVNW, AVNW, AVNW, AVNW, AVNW, AMRC, AMRC, AMRC, AMRC, AMRC, ALU, ALU, ALU, ALU, ALU, A, A, A, A, A, ZHNE, ZHNE, ZHNE, ZHNE, ZHNEPenton Business Media to host an expo
International Wireless Communications Expo: IWCE 2013 is being held in Las Vegas on March 11-15.
News For ARX;A;ALU;AMRC;AVNW;T;CRNT;DRWI;GD;HRS;MSI;PCTI;RWC;RFIL;STO;ZHNE From The Last 14 Days
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July 14, 2014
10:34 EDTTAT&T joint venture acquires Creativebug from Demand Media for $10M
Otter Media, a joint venture between AT&T (T) and The Chernin Group, has acquired Creativebug from Demand Media (DMD), the companies announced earlier. Creativebug offers do-it-yourself video workshops featuring instruction from artists and designers. Demand Media confirmed in a regulatory filing earlier that it completed the sale of substantially all of the assets relating to its Creativebug business for $10.0M in cash. AT&T and The Chernin Group announced the formation of the joint venture to acquire, invest in and launch over-the-top video services previously on April 22.
09:31 EDTTAT&T, EPIX reach carriage agreement
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08:32 EDTTSynchronoss acquires Voxmobili for $26M in cash
Synchronoss (SNCR) announced its acquisition of Voxmobili, a wholly owned subsidiary of OnMobile Global. Voxmobiliís customers include AT&T (T), Airtel, Everything Everywhere, France Telecom, Orange (ORAN), T-Mobile (TMUS), and Vodafone (VOD). In consideration for the acquisition, Synchronoss paid approximately $26M in cash to OnMobile Global.
July 11, 2014
12:46 EDTMSIMotorola Solutions downgraded to Neutral from Buy at Tigress Financial
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10:02 EDTGDGeneral Dynamics to continue ACV testing for Marines
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10:00 EDTDRWIOn The Fly: Analyst Upgrade Summary
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08:53 EDTDRWIDragonWave upgraded to Hold from Reduce at TD Securities
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July 10, 2014
11:00 EDTDRWIHigh option volume stocks
High option volume stocks: CBS MEMP EWT CBSO DRWI TRW TTS EXK MEOH AG
09:15 EDTDRWIOn The Fly: Pre-market Movers
HIGHER: Zumiez (ZUMZ), up 5.7% after raising Q2 outlook... DragonWave (DRWI), up 5% after reporting better than expected Q1 results... International Game (IGT), up 3.6% after Italian press report says the company will soon get a $4B offer from GTECH... United Continental (UAL), up 2.9% after reporting June traffic. LOWER: Lumber Liquidators (LL), down 23% after downgraded at Jefferies and Credit Suisse following the company's reduced full-year outlook. Tile Shop (TTS), which also serves flooring customers, down 5.5% following Lumber Liqudators' profit warning... Family Dollar (FDO), down 1.9% after reporting Q3 earnings that missed expectations... Tractor Supply (TSCO), down 5.9% after reporting Q2 preliminary results, saying it now sees FY14 results at low end of guidance range... Liquidity Services (LQDT), down 8% after revising Q3 guidance after its sales of selected rolling stock and other assets under its Surplus Contract with the U.S. Defense Logistics Agency have ceased at the request of DLA... Potbelly (PBPB), down 18% after lowering its Q2 and FY14 outlook... Memorial Production Partners (MEMP), down 7.4% after filing to sell 8.6M shares of common units for partners... Kosmos (KOS), down 3.3% after filing to sell 17M shares of common stock.
July 9, 2014
17:26 EDTDRWIDragonWave sees Q2 revenue growth 25%-40% relative to Q1
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17:07 EDTDRWIDragonWave reports Q1 EPS (11c), consensus (13c)
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15:54 EDTTDISH expresses concerns over Comcast, AT&T deals to FCC
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11:16 EDTGDAeroVironment rallies after better than expected results
Shares of AeroVironment (AVAV), which develops a portfolio of products and services for unmanned aircraft and efficient energy systems, are rallying after the company reported better than expected fourth quarter results. WHAT'S NEW: Last night, AeroVironment reported Q4 EPS of 35c and revenue of $73.5M, compared to analysts' consensus estimates of 22c and $69.62M, respectively. WHAT'S NOTABLE: The company forecast fiscal 2015 revenue of $250M-$270M, compared to consensus of $256.2M, along with gross profit margins of 34.5%-37.5%. The company noted that planned increases in research and development and business development investments for Tactical Missile Systems, Commercial UAS and Global Observer business areas in FY15 may largely offset operating profit in the current fiscal year. PRICE ACTION: In morning trading, AeroVironment soared $4.49, or 14.5%, to $35.45 on nearly five times its average daily trading volume. Including today's advance, the stock is up more than 70% over the past 12 months. OTHERS TO WATCH: Other companies in the unmanned aircraft space include Lockheed Martin (LMT), General Dynamics (GD), and Northrop Grumman (NOC), though all of those are significantly larger than AeroVironment.
09:23 EDTTAT&T exec sees connectivity, healthcare at forefront of wearables, Re/code says
Glenn Lurie, who heads AT&Tís (T) emerging-business efforts, said at the MobileBeat conference that he sees wearables devices needing their own Internet connectivity to take off and that he believes healthcare-focused devices, especially those serving the aging population, as a logical starting place for such devices, according to Re/code. Lurie also predicted that wearables will explode, ďjust like tablets," when a device maker cracks the code to making them easier to use. Reference Link
09:14 EDTZHNEZhone announces partnership with Fujitsu
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July 8, 2014
16:03 EDTMSIZebra Technologies announces expiration of HSR waiting period
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08:19 EDTALUAlcatel-Lucent awarded LTE small cells contract by Vodafone
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07:00 EDTTSprint tests discounted versions of Framily, individual plans, CNet reports
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06:59 EDTTMobile payments company Isis to change name
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05:35 EDTSTOTechnip awarded renewal of framework agreement by Statoil, Exxon Mobil, Gassco
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