New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 17, 2013
16:25 EDTBA, C, BAC, BLK, KSWS, CBS, HLF, CLSNOn The Fly: Closing Wrap
Stocks on Wall Street were higher as better than expected domestic economic data pushed the market up at the open and investors continued to buy through the session. The S&P 500 and Dow hit five-year highs in the second half of the session, but closed just off their best levels... ECONOMIC EVENTS: In the U.S., weekly jobless claims fell to 335K, versus expectations for a relatively flat level at 370K. Housing starts surged 12.1% to 954K in December, which was better than expected, while building permits edged up 0.3% to 903K, which was in-line with forecasts. The day's lone disappointing data came from the Philly Fed, which had its manufacturing survey unexpectedly fall to -5.8, compared to consensus calls for a much smaller decline to a 6.0 reading... COMPANY NEWS: The FAA last night announced it was grounding all Boeing (BA) 787 flights until the safety of the plane's battery can be proven to the agency. Air India and EU flight regulators also joined the list of organizations that have grounded the Boeing plane, and while shares of Boeing opened lower, they advanced through the session and closed up 92c, or 1.24%, to $75.26... Financial giants Citigroup (C) and Bank of America (BAC) both reported earnings before today's open and shares of both banks lost ground on the day. Citigroup missed expectations and saw shares lose $1.24, or 2.92%, to $41.24, while Bank of America beat lowered EPS estimates but slid 50c, or 4.24%, to $11.28. BlackRock (BLK), however, advanced $9.76, or 4.39%, to $232.00 after it beat Street estimates and raised its dividend... MAJOR MOVERS: Among the notable gainers was K-Swiss (KSWS), which rose $1.52, or 47.65%, to $4.71 after agreeing to be acquired for $4.75 cash per share. Also higher were shares of CBS (CBS), up $3.01, or 7.93%, to $40.95 after announcing plans to convert its U.S. outdoor advertising business to a REIT and to seek to sell its outdoor operations in Europe and Asia. Among notable losers were shares of Herbalife (HLF), down $1.54, or 3.42%, to $43.52 after the company said it sees Q4 and FY12 EPS just above Street estimates and said it expects to begin repurchasing shares soon. Also lower were shares of Celsion (CLSN), down 79c, or 9.75%, to $7.31 following a downgrade to Sell at Brean Capital... INDICES: The Dow was up 84.79, or 0.63%, to 13,596.02; the Nasdaq was up 18.46, or 0.59%, to 3,136.00; and the S&P 500 was up 8.31, or 0.56%, to 1,480.94.
News For BA;C;BAC;BLK;KSWS;CBS;HLF;CLSN From The Last 14 Days
Check below for free stories on BA;C;BAC;BLK;KSWS;CBS;HLF;CLSN 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 | >>
August 8, 2014
16:46 EDTHLFCapital Research reports 10.1% passive stake in Herbalife
Subscribe for More Information
16:00 EDTCOptions Update; August 8, 2014
Subscribe for More Information
09:37 EDTBACActive equity options trading on open
Subscribe for More Information
07:18 EDTC, BACRegulators direct banks to steer mortgage aid to hard-hit areas, FT says
Subscribe for More Information
06:43 EDTBAReport says cold weather reason for Boeing battery meltdown, Reuters says
Subscribe for More Information
06:30 EDTCCitigroup, Accenture employ tech workers in Argentina, Bloomberg says
Subscribe for More Information
August 7, 2014
18:32 EDTCBSCBS sees national advertising trends accelerating in second half
18:27 EDTCBSCBS CEO Moonves says 'happy' with assets, not interested in buying CNN
18:24 EDTCBSCBS CEO Les Moonves says upfront sales volume down 'slightly'
Subscribe for More Information
16:05 EDTCBSCBS reports Q2 Entertainment segment revenue $1.84B
Subscribe for More Information
16:04 EDTCBSCBS boosts share buyback to $6B, increases dividend 25% to 15c
CBS announced an increase in the amount available under its share repurchase program from $3B to $6B. Since the share repurchase program was initiated in January 2011, through June 30, the company has repurchased 162M shares of its Class B Common Stock for $6.8B. CBS also announced an increase to its quarterly dividend from 12c per share to 15c per share. This dividend is payable on October 1 to shareholders of record on September 10.
16:03 EDTCBSCBS boosts share buyback to $6B, to increase dividend 25%
Subscribe for More Information
16:02 EDTCBSCBS reports Q2 adjusted EPS 78c, consensus 72c
Reports Q2 revenue $3.19B, consensus $3.23B. Reports Q2 free cash flow
16:00 EDTCOptions Update; August 7, 2014
Subscribe for More Information
15:33 EDTCBS Notable companies reporting after market close
Subscribe for More Information
15:31 EDTCBSNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include CBS (CBS), consensus 72c; Consolidated Edison (ED), consensus 54c; Monster Beverage (MNST), consensus 75c; News Corporation (NWSA), consensus 3c; NVIDIA (NVDA), consensus 20c; Computer Sciences (CSC), consensus 94c; CareFusion (CFN), consensus 72c;DeVry Education (DV), consensus 67c; Salix Pharmaceuticals (SLXP), consensus $1.72; Federal Realty (FRT), consensus $1.21; SolarCity (SCTY), consensus (99c); Medivation (MDVN), consensus 24c; Sprouts Farmers Market (SFM), consensus 18c; Alnylam Pharmaceuticals (ALNY), consensus (56c); Lions Gate (LGF), consensus 17c; Mercadolibre (MELI), consensus 56c; Post Holdings (POST), consensus 27c; Assured Guaranty (AGO), consensus 35c; Great Plains Energy (GXP), consensus 41c; Air Lease (AL), consensus 52c; Ubiquiti Networks (UBNT), consensus 51c; SemGroup (SEMG), consensus 35c.
13:25 EDTCBSEarnings Preview: CBS shares little changed since Q1 report
Subscribe for More Information
11:18 EDTBABoeing reports 40 new orders in weekly update
Boeing announced 40 new orders in an update of its orders through August 5 to account for its previously announced order for 26 777s and 14 787s from All Nippon Airways. Reference Link
08:23 EDTBAC, CL.A. suit against JPMorgan over mortgage lending dismissed, Reuters reports
Subscribe for More Information
08:13 EDTCLSNCelsion reports Q2 EPS (38c), consensus (32c)
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