New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 30, 2013
Stocks on Wall Street were lower after GDP unexpectedly contracted last quarter and the Federal Reserve said it would continue its current program of quantitative easing. Following the Fed's FOMC commentary, which had been widely anticipated, the markets moved lower, though the reaction was modest and delayed... ECONOMIC EVENTS: In the U.S., the Commerce Department said gross domestic product shrunk at a 0.1% annual rate in Q4, far short of the analyst forecast for 1.1% growth. The Federal Open Market Committee announced it would keep benchmark interest rates between 0%-0.25%, reiterating that these rates will likely remain unchanged while unemployment remains about 6.5%. The Fed also said it would continue purchasing $40B in mortgage-backed securities per month, as well as continue monthly purchases of $45B in Treasury securities... COMPANY NEWS: Boeing (BA) gained 94c, or 1.28% to $74.59 and led the Dow after its better-than-expected earnings and forecast for the upcoming year reassured investors. The company also said 787 production continues, though 787 deliveries are suspended until the FAA gives clearance... (AMZN) reported earnings and revenue that missed consensus and guided to revenue next quarter that missed expectations as well, but numerous firms raised their price targets on shares, which rose $12.41, or 4.77% to $272.76. The company's margin expansion and expected operating leverage was widely attributed for the move higher... Research In Motion (RIMM), in addition to unveiling two new smartphones and its new BlackBerry 10 operating system, announced it will change its corporate name to "BlackBerry" and Nasdaq ticker to "BBRY". Shares of RIM, which have nearly doubled in the last quarter, slid $1.88, or 12.01%, to $13.78 after the OS introduction event... Chesapeake Energy (CHK) announced last night that CEO Aubrey McClendon would retire from the company April 1. McClendon had been under pressure from the company's board after reports regarding his finances, though the board said its review has not revealed any improper conduct by McClendon. Shares of Chesapeake, which opened sharply higher, finished up $1.14, or 6.01%, to $20.11... MAJOR MOVERS: Among notable gainers were shares of Endo Health Solutions (ENDP), which rose $3.08, or 10.78%, to $31.66 after a Reuters report said the company is in talks with potential buyers. Other gainers included BioClinica (BIOC), up $1.17, or 19.37%, to $7.21 after agreeing to be acquired by JLL Partners for $7.25 a share, and Copano Energy (CPNO), up $4.90, or 14.79%, to $38.03 after being acquired by Kinder Morgan Energy (KMP) in a unit for unit transaction. Among noteworthy losers were Meritor (MTOR), down 67c, or 12.52%, to $4.68, after its Q1 report missed estimates and the company cuts its FY13 revenue view. Also lower was Hawaiian Holdings (HA), down 85c, or 13%, to $5.69, after its Q4 report missed consensus estimates and shares were downgraded to Hold at Deutsche Bank... INDICES: The Dow was down 44.00, or 0.32%, to 13,910.42; the Nasdaq was down 11.35, or 0.36%, to 3,142.31; and the S&P 500 was down 5.88, or 0.39%, to 1,501.96.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 >>
November 19, 2015
09:03 EDTAMZNAmazon launches screenwriting tool Storywriter
Subscribe for More Information
08:56 EDTAMZNAmazon expands Prime Now to San Diego
Amazon announced that, starting today, its Prime Now one-hour delivery service is expanding to San Diego and surrounding areas, and just in time for Thanksgiving. This ultra-fast service, offered exclusively as a benefit to Prime members, provides one-hour delivery on tens of thousands of daily essentials through a mobile app like paper towels, milk, diapers, laptops, and Kindle devices, to name a few. Through the Prime Now service, customers in San Diego can also purchase groceries, fresh produce, prepared meals and baked goods for 1-hour and 2-hour deliveries from Sprouts Farmers Market, Bristol Farms, Northgate Gonzalez Market, and Sprinkles Cupcakes.
November 18, 2015
13:07 EDTENDPFTC approves final order settling charges over Endo, Par merger
Subscribe for More Information
10:29 EDTBBRYOptions with increasing implied volatility
Options with increasing implied volatility: TERP CSC SGMS RH BBRY ULTA SNDK ORCL NKE VNET
09:27 EDTAMZNAmazon to open two fulfillment centers in Columbus region, add over 2,000 jobs
Subscribe for More Information
06:44 EDTAMZNGoPro price target lowered to $15 from $20 at Piper Jaffray
Piper Jaffray analyst Erinn Murphy cut her price target for GoPro (GPRO) shares to $15 after her channel checks indicated further price pressure. The stock closed yesterday down 75c to $20.87. In the last week, GoPro products have been offered on various flash sale websites including making its debut on Liberty Interactive's (QVCA) Zulily yesterday, Murphy tells investors in a research note. She has also seen further price pressure on Amazon (AMZN). The action camera maker will have a difficult time maintaining current margin expectations with price reductions becoming more evident, Murphy argues. She is "incrementally cautious" on GoPro into the holiday season and keeps an Underweight rating on the name.
05:45 to offer new deals every five minutes starting Friday, Nov. 20 announced holiday deals start on Friday, November 20, with new deals added as often as every five minutes for eight straight days. Customers will have access to 10 coveted Deals of the Day starting at midnight on Thanksgiving, and up to 10 more on Black Friday. Customers can also shop limited-time Lightning Deals on thousands of sought-after products per day throughout the eight days of deals. Plus, Prime members will get 30-minutes early access to the majority of these Lightning Deals.
05:11 EDTCHKStocks with implied volatility movement; GMCR CHK
Stocks with implied volatility movement; Keurig Green Mountain (GMCR) 94, Chesapeake (CHK) 99 according to iVolatility.
November 17, 2015
16:59 EDTENDPDepomed acquires U.S. rights to pain product from Grunenthal
Subscribe for More Information
16:01 EDTAMZNOptions Update; November 17, 2015
iPath S&P 500 VIX Short-Term Futures up 1.32 to 21.07. Option volume leaders: GE BAC AAPL FB NFLX SYF WMT CSCO MU SUNE VRX BABA AMZN HD FCX
13:22 EDTBBRYBlackBerry sees posting a profit next year, CNBC reports
Subscribe for More Information
11:24 EDTAMZNStocks with call strike movement; AAL AMZN
American Airlines (AAL) February 50 call option implied volatility increased 2% to 34, (AMZN) April 760 call option implied volatility increased 1% to 32 according to iVolatility.
10:20 EDTBBRYOptions with increasing implied volatility
Options with increasing implied volatility: SGMS HZNP CSC ULTA RH BURL GME AEO BBRY TIF
10:00 EDTCHKOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Airgas (ARG) downgraded on valuation at KeyBanc... BHP Billiton (BHP) downgraded to Neutral from Buy at Clarksons Platou... Chesapeake (CHK) downgraded to Neutral from Buy at Sterne Agee CRT... ChipMOS (IMOS) downgraded to Equal Weight from Overweight at Morgan Stanley... Clovis (CLVS) downgraded to Neutral from Conviction Buy at Goldman... Cooper Companies (COO) downgraded to Market Perform from Outperform at Wells Fargo... Five Below (FIVE) downgraded to Neutral from Buy at Sterne Agee CRT... Grainger (GWW) downgraded to Underweight from Neutral at Atlantic Equities... Hess Corp. (HES) downgraded to Perform from Outperform at Oppenheimer... J Sainsbury (JSAIY) downgraded to Neutral from Buy at Citi... Kindred Biosciences (KIN) downgraded to Market Perform from Outperform at BMO Capital... Leju (LEJU) downgraded to Neutral from Buy at BofA/Merrill... Lombard Medical (EVAR) downgraded to Equal Weight from Overweight at Barclays... Osiris (OSIR) downgraded to Sell from Hold at Brean Capital... Polaris Industries (PII) downgraded on anemic ORV growth at Wedbush... SQM (SQM) downgraded to Hold from Buy at HSBC... Southwestern Energy (SWN) downgraded to Underperform from Neutral at Sterne Agee CRT... Starwood (HOT) downgraded to Outperform from Buy at CLSA... Urban Outfitters (URBN) downgraded to Hold from Buy at Cantor... WM Morrison (MRWSY) downgraded to Sell from Neutral at Citi... adidas (ADDDY) downgraded to Sector Perform from Outperform at RBC Capital... athenahealth (ATHN) downgraded to Underweight from Equal Weight at Barclays.
09:15 EDTCHKOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Nuance (NUAN), up 9.1%... Cheetah Mobile (CMCM), up 7.7%... Eros International (EROS), up 12.8%... Home Depot (HD), up 3.1%...Wal-Mart (WMT), up 2.2%. ALSO HIGHER: Ocera Therapeutics (OCRX), up 14.8% after announcing Phase 1 study results for the company's oral formulation of OCR-002... Fitbit (FIT), up 2.4% after being upgraded to Buy from Neutral at BofA/Merrill. DOWN AFTER EARNINGS: Dicks Sporting Goods (DKS), down 15.4%... Urban Outfitters (URBN), down 12.8%. ALSO LOWER: Osiris Therapeutics (OSIR), up 25.5% after being downgraded to Sell from Hold at Brean Capital... Angie's List (ANGI), down 8.7% after board unanimously determines not to pursue IAC (IACI) proposal... Clovis Oncology (CLVS), down 4.1% after receiving downgrades from Goldman and WallachBeth... Chesapeake Energy (CHK), down 2.5% after being downgraded to Neutral from Buy at Sterne Agee CRT... Cooper Companies (COO), down 2% after being downgraded to Market Perform from Outperform at Wells Fargo.
08:04 EDTENDPStifel to hold a conference
Subscribe for More Information
07:44 EDTBAInterest rate increases usually a bullish signal for Boeing, says Canaccord
Subscribe for More Information
06:16 EDTCHKSouthwestern Energy downgraded to Underperform from Neutral at Sterne Agee CRT
Subscribe for More Information
06:11 EDTCHKChesapeake downgraded to Neutral from Buy at Sterne Agee CRT
Subscribe for More Information
05:20 EDTBBRYStocks with implied volatility movement; VIPS BBRY
Stocks with implied volatility movement; Vipshop (VIPS) 92, BlackBerry (BBRY) 63 according to iVolatility.
1 | 2 | 3 | 4 | 5 >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use