New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For BA;FB;WFC;AA 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 | >>
July 2, 2015
13:36 EDTAAOn The Fly: Technical notes on earnings season calendar effects
The doldrums have persisted without a great deal of index volatility heading into Q2 earnings season. Until we are into the bulk of the season, we aren't likely to have sufficient catalysts to move far, barring an exogenous event. What traders need to be aware of is how compressed this earnings season really is. The increased flow of earnings news within a shorter span could lead to some bigger moves. How short? The old school way of determining the bounds of earnings season starts with Alcoa (AA) and ends with Cisco (CSCO). This time around, Alcoa is on July 8 and Cisco is on August 12, putting the season at just over a month in calendar time. Contrast this with Q4 earnings season, which can take nearly seven weeks in some cases. Another factor to be aware of: in the first week of earnings this season, there are just a relative handful of S&P 500 names reporting. By the time Cisco reports, the bulk will be done. We really are looking at more like a three week window. If the direction of earnings surprises are consistent, the market might see its first real push up or down that breaks the tight range with solid momentum. If not, market watchers are likely to see a spate of volatility in a market that has become used to flatter conditions, where volatility has been better for a sale. Choppy earnings could make that strategy more problematic. Planning out ahead is critically important too, as the day of the week can matter. Wednesdays and Thursdays tend to be the peak days for reports, making them more subject to market gyrations. Friday afternoons tend to be a day in which companies with genuinely bad news try to sneak it out. Use the forthcoming holiday wisely; we may be in for a bumpier ride ahead.
12:16 EDTFBTwitter gets a moderate bump on Re/code story of Facebook interest
Subscribe for More Information
11:51 EDTFBFacebook declines comment on Twitter report, Fox Business reports
Subscribe for More Information
11:06 EDTFBFacebook said to be once again mulling Twitter acquisiton, Re/code says
Subscribe for More Information
09:35 EDTFBActive equity options trading on open
Active equity options trading on open: AAPL HP TSLA FB GRPN BP MEP GILD
06:44 EDTFBFacebook holds talks with major labels to 'get into music', The Verge reports
Subscribe for More Information
July 1, 2015
19:23 EDTBABoeing raises cost of commercial jets due to wages, materials, Reuters says
Subscribe for More Information
16:00 EDTFBOptions Update; July 1, 2015
Subscribe for More Information
13:23 EDTFBFacebook to offer revenue split for content creators, Re/code says
As it continues competing with Google's (GOOG) YouTube, Facebook (FB) will begin offering video content creators 55% of the revenue from ads played alongside videos, reports Re/code. In an interview, Facebook's VP of partnerships Dan Rose told Re/code that "a lot of [partners] have said this will be a big motivation to start publishing a lot more video content to Facebook." As part of the revenue-sharing move, Facebook will also be testing a "Suggested Videos" feature, a video-only news feed that uses an algorithm to personalize its content for each user. Reference Link
10:38 EDTWFCWells Fargo July volatility flat into Q2 and outlook
Subscribe for More Information
09:33 EDTFBActive equity options trading on open
Subscribe for More Information
08:40 EDTFBBofA/Merrill's Top 10 US Ideas for Q3
BofA/Merrill published its Top 10 U.S. Ideas Quarterly for Q3 that identifies companies it sees having significant catalysts in the next three months. The list includes eight Buys and two Underperforms. The Buys are Applied Materials (AMAT), Boise Cascade (BCC), Burlington Stores (BURL), Comcast (CMCSA), Comerica (CMA), Eli Lilly (LLY), Facebook (FB), and International Game (IGT). The Underperforms are BlackBerry (BBRY) and PBF Energy (PBF).
07:57 EDTWFCU.S. banks not facing significant direct losses on Greek default, WSJ says
Subscribe for More Information
07:25 EDTAA Alcoa July volatility increases into Q2 and outlook
Subscribe for More Information
07:23 EDTBAExport/Import Bank fate won't signficantly impact Boeing, says Wells Fargo
Subscribe for More Information
06:59 EDTFBFacebook price target raised to $100 from $92 at Cantor
Subscribe for More Information
June 30, 2015
17:28 EDTBABoeing awarded $358.94M government contract
Subscribe for More Information
12:32 EDTFBFacebook increases options to video ads payment structure, WSJ says
Subscribe for More Information
11:53 EDTFBFacebook at test of support, levels to watch
Subscribe for More Information
10:01 EDTBABoeing, Embraer to collaborate on ecoDemonstrator technology tests
Subscribe for More Information
09:35 EDTFBActive equity options trading on open
Active equity options trading on open: AAPL FB GILD BABA BAC MU WYNN MSFT NFLX
08:34 EDTAAAlcoa to close Pocos smelter in Brazil
Alcoa announced that it will permanently close its Poços de Caldas primary aluminum smelter in Brazil on June 30, 2015. The smelter has been curtailed since May 2014 and the underlying market conditions that led to the curtailment have not improved. “The closure of the Poços smelter permanently removes a high-cost smelting facility from the Alcoa system and is another step in creating a more profitable Primary Metals business,” said Alcoa Global Primary Products President Bob Wilt. Once the Poços smelter is closed, Alcoa’s total global smelting capacity will be reduced by 96,000 metric tons, to 3.4 million metric tons. The Poços mine, refinery, aluminum powder plant and casthouse will continue normal operations. As a result of the closure, Alcoa expects to record restructuring-related charges in second quarter 2015 between $100M-$110M after-tax, or 8c-9c per share, of which approximately 60 percent is non-cash.
07:08 EDTFBGoogle apps take up nearly as much user time as Facebook’s apps, WSJ says
A study released by Forrester Research suggests that U.S. smartphone users in late 2014 spent roughly 12% of their time in Google (GOOG) apps, just below the 13% spent on Facebook (FB) apps, the Wall Street Journal reports. The time spent on Google apps is likely to be “much higher” since respondents were only asked to list apps they downloaded and the time spent on them, excluding apps pre-loaded on certain Google phones, the report says. The same is true of Apple’s (AAPL) apps, amounting to 3% of users time, the report says. Reference Link
June 29, 2015
16:00 EDTFBOptions Update; June 29, 2015
Subscribe for More Information
09:35 EDTFBActive equity options trading on open
Subscribe for More Information
09:04 EDTAAAlcoa estimates cut due to low regional premiums at Morgan Stanley
Morgan Stanley lowered Alcoa 2015-17 EBITDA estimates to reflect declines in regional premiums. The firm lowered Q2 EPS to 21c from 22, below consensus of 23c, but sees drivers in place for a 2H recovery in shares. Morgan Stanley said all-in aluminum prices, including regional premiums, are near six year lows, and expects upstream performance to near a trough at current prices, and for earnings to bottom in Q3. The firm rates shares an Overweight with a lowered price target of $16.
07:40 EDTAAAlcoa estimates lowered below consensus at Stifel
Subscribe for More Information
07:13 EDTFBGoogle, Facebook competing heavily in video market, NY Post says
Subscribe for More Information
June 28, 2015
15:16 EDTBAIncoming Boeing CEO to address 'looming' China challenge, WSJ says
Subscribe for More Information
13:23 EDTBABoeing shares 'will soar' under new CEO, Barron's says
Subscribe for More Information
12:47 EDTFBTech sector earnings 'melt away' when accounting for stock comp, Barron's says
Subscribe for More Information
June 26, 2015
16:32 EDTBAStocks end week lower with Greece still searching for deal
Subscribe for More Information
16:00 EDTFBOptions Update; June 26, 2015
Subscribe for More Information
13:51 EDTFBFacebook updates iPhone app, making it easier to find, share links
Subscribe for More Information
10:00 EDTFBOn The Fly: Analyst Initiation Summary
Subscribe for More Information
09:36 EDTFBActive equity options trading on open
Subscribe for More Information
07:26 EDTBASRA International exploring sale or IPO, Reuters reports
Subscribe for More Information
June 25, 2015
19:34 EDTFBAirbus, Qualcomm, others invest $500M in OneWeb's global internet initiative
OneWeb announced it has raised $500M in funding from a number of companies, including Airbus (EADSY), Bharti, EchoStar's (SATS) Hughes, Intelsat (I), Qualcomm (QCOM), Coca-Cola (KO), Totalplay, and Virgin Group. OneWeb is engaged in developing satellite technologies to "beam" broadband internet to rural and underdeveloped locations, as well as to ships, planes, trains, and oil platforms. Bharti chairman Sunil Bharti Mittal will be joining Airbus Group CEO Tom Enders as well as Virgin's Richard Branson and Qualcomm's Paul Jacobs on the OneWeb board of directors. OneWeb also reiterated its June 15 announcement of its joint venture with Airbus to design and manufacture 900 microsatellites. "We are committed to giving our full industrial and space expertise to this mission," remarked Airbus' Tom Enders. "Intelsat has the world’s largest fleet of Ku Band geostationary satellites and our interoperability will enable pole-to-pole and urban canyon coverage with new services," said Intelsat. Note that both Facebook (FB) and Google (GOOG) are working on similar projects to facilitate global internet access. Reference Link
16:51 EDTFBFacebook initiated with a Buy at Mizuho
Subscribe for More Information
16:00 EDTFBOptions Update; June 25, 2015
Subscribe for More Information
09:34 EDTFBActive equity options trading on open
Active equity options trading on open: AAPL FB NFLX AMZN BAC CVX TWTR INTC GILD BBBY
07:13 EDTWFCFed director says full transparency in stress testing can be 'enormous weakness'
Subscribe for More Information
06:08 EDTFBFacebook hires Yahoo's cybersecurity chief Alex Stamos
Subscribe for More Information
05:53 EDTBABoeing CEO Muilenburg prioritizes cost cutting challenges, Financial Times says
Subscribe for More Information
June 24, 2015
19:31 EDTFBGoogle exec 'very confident' in YouTube's lead over Facebook video, BI says
In a Business Insider interview at the Cannes Lions advertising festival, Torrence Boone, Google's (GOOG) VP of global agency sales and services, said the company is "very bullish and confident" that Google's YouTube will maintain its lead over Facebook's (FB) efforts in video. Boone explained that the services serve different functions, with YouTube being a more dedicated video platform. Reference Link
19:20 EDTFBFacebook Messenger app to allow signups without Facebook account
Subscribe for More Information
16:57 EDTBABoeing to slow 747-8 production to one per month in March, Reuters says
Boeing will slow its production of the 747-8 jumbo jet to 1 per month beginning in March, a decrease of 23%, reports Reuters. The decision to slow production was not related to the company's CEO transition, Reuters added, citing the company. Reference Link
16:21 EDTBAOn The Fly: Top stock stories for Wednesday
Subscribe for More Information
14:46 EDTFBHBO deal an early sign of Facebook original content plans, says Brean Capital
Subscribe for More Information
14:13 EDTFBApple blocks use of app data to target ads, The Information reports
Apple (AAPL) is "quietly moving" to block companies from accessing data from other, unrelated apps, a practice which was used to target ads, says The Information. The report notes that Facebook (FB) and Twitter (TWTR) often analyze information from other apps on a user's phone in order to better target ads. Reference Link
12:30 EDTBAOn The Fly: Top stock stories at midday
Subscribe for More Information
12:27 EDTFBHBO to offer free episodes of 'Ballers', 'The Brink' on Facebook, Variety says
Subscribe for More Information
11:16 EDTFBOptions with increasing implied volatility
Options with increasing implied volatility: WMB AMZN CMG BIIB VMW QLIK ISRG FB UA FFIV
09:39 EDTFBCLSA media analysts hold an analyst/industry conference call
Subscribe for More Information
09:35 EDTFBActive equity options trading on open
Subscribe for More Information
08:18 EDTAAAlcoa volatility flat into Q2 and outlook
Alcoa July call option implied volatility is at 28, August is at 26, October is 27; compared to its 52-week range of 23 to 48, suggesting non-directional price movement into the expected release of Q2 results after the market close on July 8.
07:52 EDTFBFacebook offers South African Cell C users free internet access, Bloomberg says
Facebook will give customers of Cell C access to its free application Internet.org in South Africa, Bloomberg reports, citing an interview with Markku Makelainen, Facebook’s director of global operator partnerships. The service will let Cell C users see Facebook and roughly 30 other websites offering information about healthcare and jobs without being charged for data, the report says. Reference Link
07:32 EDTBANew Boeing CEO Muilenburg to inherit tough decisions, Bloomberg says
Subscribe for More Information
06:00 EDTFBGoogle held 29 high-level meetings in Brussels in 6 months, Financial Times says
Subscribe for More Information
June 23, 2015
19:03 EDTBAOn The Fly: After Hours Movers
UP AFTER PROVIDING GUIDANCE: MeetMe (MEET), up 18.8%. ALSO HIGHER: Nektar Therapeutics (NKTR), up 4.3% after being added to S&P 600... Quidel (QDEL), up 5% after receiving FDA clearance for new Solana molecular system and assay... Vanda Pharmaceuticals (VNDA), up 4.6% after announcing positive results from REPRIEVE study... Netflix (NFLX), up 3.4% after announcing seven-for-one stock split. LOWER: Alcobra (ADHD), down 2.5% after announcing that it will host a conference call and simultaneous webcast presentation to present results from the Phase II clinical trial of MDX... Sysco (SYY), down 2.6% after bid for U.S. foods blocked was blocked by a federal judge... Boeing (BA), down marginally after announcing CEO transition.
17:40 EDTBABoeing incoming CEO Muilenburg says must deliver on 777 bridge program
Regarding the appointment of Dennis Muilenburg as Boeing CEO, outgoing CEO James McNerney says, "in many ways, there's not going to be a change." Muilenburg noted that the current defense market is more "challenging," and that the company needs to deliver on its 777 bridge program. Muilenburg added that the company's backlog remains "solid." Both executives are speaking on CNBC.
16:32 EDTBABoeing names Dennis Muilenburg CEO
The Boeing board has elected Dennis Muilenburg as the company's CEO, succeeding W. James McNerney, Jr., who held the position for the past 10 years. Muilenburg, who has served as Boeing president and COO since 2013, becomes president and CEO on July 1. McNerney, who joined Boeing's board in 2001, continues as its chairman. To ensure a smooth transition of his CEO responsibilities to Muilenburg, he will continue working as a company employee until retiring at the end of February 2016.
16:00 EDTFBOptions Update; June 23, 2015
iPath S&P 500 VIX Short-Term Futures down 46c to 17. Option volume leaders: AAPL FB AAPL T BAC MU BTU WMB AMZN TWTR BBRY
13:15 EDTBABoeing sued over claims of toxic airplane cabin air, Chicago Tribune says
Subscribe for More Information
13:02 EDTWFCSumitomo, others show interest in GE railway-leasing business, WSJ says
Japan's Sumitomo Mitsui Financial Group is interested in buying General Electric's (GE) railway-leasing business, says the Wall Street Journal, citing sources. Wells Fargo (WFC) and other U.S. financial institutions have also shown interest in GE Capital Rail Services, which may be worth around $4B, added the Wall Street Journal, citing people familiar with the matter. Reference Link
12:42 EDTFBInstagram announces new updates to be source for real-time news
Instagram announced two updates that will aim at helping connect the community with "the world as it happens." The company introduced its Explore page, with trending Tags and Places, and a more powerful search. Instagram commented, We’ve completely reimagined the Explore page to make discovery on Instagram immediate and effortless. The new Explore now surfaces trends as they emerge in real-time, connecting you to events and conversations both near you and around the globe.... For everyone on Instagram, we’ve dramatically improved the ability to find what you’re looking for. With the new Places Search, you can now peer in at just about any location on earth, allowing you to scout out your next vacation spot in the South Pacific, get a look inside that hot new restaurant or experience your favorite music festival — even if you couldn’t make it this year. The new Top Search also lets you search across people, places and tags all at once." Reference Link
09:51 EDTFBFacebook near test of life high, levels to watch
The stock has been trading in a range largely defined by a low at $77 and a high at $85 since February of this year. That is a slightly more bullish range than the previous several months characterized by a low at $75 and a high at $82. The life high for the shares is at $86.07, with the stock breaking the range high and last at $85.65. This move could be another oscillation in the range, or it might presage a genuine breakout in price. With the range having built for so long a period, a breakout could see a more rapid increase in price with a probe to the $90 to $95 area quite possible. A move back below $85 would mean this was another excursion testing the bounds of the range, with next support below at $82.
09:36 EDTFBActive equity options trading on open
Subscribe for More Information
08:03 EDTFBMondelez renews global strategic partnership with Facebook
Subscribe for More Information
June 22, 2015
16:00 EDTFBOptions Update; June 22, 2015
iPath S&P 500 VIX Short-Term Futures down 78c to 17.45. Option volume leaders: AAPL FB BAC CHK WMB BABA TWTR MU AMBA TSLA JPM
15:21 EDTAAAlcoa slides after analyst downgrades shares due to lack of catalysts
Subscribe for More Information
14:42 EDTFBOculus potential not reflected in Facebook's stock price, Piper Jaffray says
Subscribe for More Information
10:00 EDTAAOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:40 EDTFBActive equity options trading on open
Subscribe for More Information
08:16 EDTAAAlcoa downgraded on lack of catalysts, risk/reward at Sterne Agee CRT
Subscribe for More Information
07:31 EDTFBFacebook catching up to YouTube in video ads, Reuters says
Facebook (FB) is gaining market share on Google's (GOOG) YouTube in online video advertising, reports Reuters, citing a published Ampere Analysis report. Reference Link
06:25 EDTFBFacebook's CPO to outline new format for mobile advertising, WSJ reports
Subscribe for More Information
06:24 EDTAAAlcoa downgraded to Neutral from Buy at Sterne Agee CRT
06:18 EDTBASuppliers worried about Airbus, Boeing production rate hike, Reuters reports
Major engine suppliers, including General Electric (GE) and Safran, are becoming worried that they may lose out if they invest to meet higher commercial jet production targets from Airbus (EADSY) and Boeing (BA) that may prove unsustainable, Reuters reports. Airbus and Boeing have plans to raise production rates of their best selling single aisle planes by 25% to 50-52 a month in 2017-2018, the report says. Suppliers have said that they need to secure the start of a steep rise in output before making a commitment to even loftier targets, the report says. Reference Link
06:03 EDTFBFacebook price target raised to $120 from $92 at Piper Jaffray
Piper Jaffray analyst Gene Munster raised his price target for shares of Facebook to $120 and keeps an Overweight rating on the name. Facebook is the best play on the "next computer paradigm of virtual reality," Munster tells investors this morning in a research note. Oculus, the company's virtual reality technology, is an "insurance policy on the relevance of Facebook's social portfolio as technology shifts,” Munster writes. He believes the long-term value of technology is not reflected in the current share price. The social networking giant closed Friday down 39c to $82.51.
June 19, 2015
16:00 EDTFBOptions Update; June 19, 2015
iPath S&P 500 VIX Short-Term Futures up 11c to 18.21, Option volume leaders: AAPL TWTR BAC T FB GILD NFLX BABA AAL MU AMZN
11:00 EDTBABoeing ecoDemonstrator 757 expands testing to next phase
Subscribe for More Information
09:37 EDTFBActive equity options trading on open
Subscribe for More Information
07:51 EDTFBGameStop CFO says 'blown away' by Microsoft virtual reality demonstration
Subscribe for More Information
07:00 EDTBAGE Capital Aviation Services launches Boeing 737-800NG program
Subscribe for More Information
06:11 EDTFBFacebook implied volatility of 21 at lower end of index mean range
Subscribe for More Information
05:13 EDTBABoeing, Enter Air announce order for four 737s
Boeing and Enter Air have announced an order for two 737 MAX 8s and two Next-Generation 737-800s. The order, worth more than $400M at current list prices and previously attributed to an unidentified customer, is the first direct order for Boeing from the Polish charter carrier.
June 18, 2015
19:48 EDTFBFacebook Moments not available in Europe due to regulator concerns, WSJ says
Facebook's photo app, Moments, will not be available in Europe due to regulators' concerns over facial recognition technology, reports the Wall Street Journal, citing Facebook’s head of policy in Europe, Richard Allan. Reference Link
15:46 EDTWFCWells Fargo names Hope Hardison as Chief Administrative Officer
Subscribe for More Information
12:04 EDTFBActive options: AAPL ORCL FB RAD BAC HTZ MU GE TSLA AMZN BABA KO
Subscribe for More Information
09:35 EDTFBActive equity options trading on open
Subscribe for More Information
08:34 EDTBAAtlas Air places additional Boeing 747 Freighter in ACMI service for DHL Express
Atlas Air Worldwide Holdings (AAWW) announced the placement of an additional Boeing (BA) 747-400 freighter into ACMI service. The aircraft will be operated by Polar Air Cargo Worldwide to expand its express network for the benefit of DHL Express and Polar’s other customers. Operations are scheduled to begin on July 1.
07:38 EDTFBFacebook continues to take ad share, says JMP Securities
JMP Securities says its checks indicate that Facebook's share of total ad dollars continue to rise. The firm believes that Instagram's engagement and monthly average users continue to grow. It estimates that Instagram could generate about $1,4B in revenue next year, versus its 2015 estimate of about $445M. JMP Securities raised its price target on Facebook to $101 from $98 and keeps an Outperform rating on the shares.
07:30 EDTFBSalesforce initiatives should help social media companies, says Brean Capital
Subscribe for More Information
06:54 EDTBAAirbus may build longer A350, WSJ says
Subscribe for More Information
06:13 EDTFBFacebook testing new approach to hiring to diversify employee ranks, WSJ reports
Subscribe for More Information
06:05 EDTAAStocks with implied volatility above IV index mean; NBG AA
Stocks with implied volatility above IV index mean; National Bank of Greece (NBG) 237, Alcoa (AA) 32 according to iVolatility.
<< 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