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
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | all recent news | >>
September 18, 2014
16:00 EDTBACOptions Update; September 18, 2014
Subscribe for More Information
14:08 EDTBAC, CBanks look to high-interest personal loans to boost revenue, WSJ says
Subscribe for More Information
13:25 EDTBABoeing space contract with NASA includes seat for tourist, Reuters reports
Subscribe for More Information
12:28 EDTBABoeing reports 78 news orders in weekly update
Boeing reported 78 new orders in its weekly update, which included 67 737s for unidentified customers, five 737s for Avolon and six 787s. In the changes category, 737 net orders were reduced by six.
07:54 EDTBABoeing added to Franchise Picks List at Jefferies
Jefferies believes Boeing is using the knowledge it gained from building 787s to improve its manufacturing and design capability. The firm says demand for the 787 over the next two decades could be $500B and deliveries should top 3K units. It added the stock to its Franchise Picks List, and keeps a Buy rating on the name with a $165 price target.
06:37 EDTCBSCBS head looks to reduce radio assets within 12 months, Reuters says
Subscribe for More Information
September 17, 2014
18:14 EDTBABoeing issues statement on Export-Import Bank extension
Subscribe for More Information
18:13 EDTBABoeing, Lockheed Martin to team with Bezos firm on rocket engine, WSJ reports
Subscribe for More Information
17:43 EDTBABoeing awarded $293M contact by DLA for manage parts, support
Subscribe for More Information
17:19 EDTCBSCBS CEO says online ads not cannibalizing broadcast TV ads
Subscribe for More Information
16:58 EDTCBSCBS CEO says Ray Rice scandal may have increased ratings
16:51 EDTCBSCBS CEO says could offer similar product to HBO Go in Europe
Les Moonves is speaking at the Bank of America conference.
16:00 EDTBACOptions Update; September 17, 2014
iPath S&P 500 VIX Short-Term Futures down 24c to 27.63. Option volume leaders: AAPL TSLA BAC TWTR AMZN X WLT KO PBR according to Track Data.
13:16 EDTC, BACHolder says DOJ looking to charge bank executives, Washington Post says
Subscribe for More Information
10:56 EDTBABoeing Airplanes head mulls making 52 737s monthly, Reuters says
Boeing Commercial Airplanes CEO Ray Connor said that the company is aiming to produce close to 52 737 aircrafts per month beginning in 2018, according to Reuters, citing comments from Connor. Connor said, "Now, I can tell you that the demand is there for those airplanes, significant demand. So I'm not uncomfortable with the timing or with rate." Reference Link
07:46 EDTBABoeing and Avalon finalize order for 787 Dreamliners, 737 MAXs
Subscribe for More Information
07:39 EDTBLKMorningstar to hold a conference
Management Behind the Moat Conference to be held in Chicago on September 17-18.
07:37 EDTBLKMorningstar to hold a conference
Subscribe for More Information
06:54 EDTBACNY Attorney General announces NYC bank identity-theft ring takedown
Subscribe for More Information
06:27 EDTBABoeing tanker to make first flight five months later than planned, WSJ reports
A Boeing aerial refueling tanker is expected to make its first flight in November, five months later than planned, reports the Wall Street journal. Major General John Thompson, the head of the KC-46A Pegasus tanker program, said he was "disappointed" about the delay in the test aircraft's first flight. Reference Link
1 | 2 | 3 | 4 | 5 | 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