New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 10, 2014
12:19 EDTCQB, DDD, BA, SSYS, FMC, MONT, MCDOn The Fly: Midday Wrap
Stocks on Wall Street were lower at midday following disappointing economic data from Asia and a slide in shares of Dow member Boeing (BA). Boeing's drop put immediate pressure on the Dow as soon as trading began and the selling picked up momentum. At its low point of the morning, 29 of the 30 Dow stocks were lower and the index had racked up a triple digit loss. The market improved as the morning progressed, but the major averages all remained in the red as the lunch hour arrived. ECONOMIC EVENTS: In the U.S., no major economic data was reported. In Asia, China unexpectedly posted a trade deficit of about $23B in February as overseas shipments slid 18.1% compared to the same month last year. Also, Japan downwardly revised its estimate of economic growth in the fourth quarter to 0.2% from the government's preliminary 0.3% expansion estimate. COMPANY NEWS: Shares of Boeing (BA) were the Dow Jones Industrial Average's worst performer after The Wall Street Journal reported late Friday that the airplane maker has discovered cracks in some 787 Dreamliner wings which will lead to a delay in the delivery of some aircraft. Boeing led all decliners on the Dow with a nearly 2.5% pullback near noon... Another Dow member, McDonald’s (MCD), was weak early in the session but had recovered to be flat at midday. The world's largest fast-food restaurant company reported that its same-store sales declined 0.3% globally in February, with U.S. comparable sales decreasing 1.4%... FMC Corporation (FMC) jumped more than 5% after announcing plans to separate into two independent public companies. "New FMC" will be comprised of the company's Agricultural Solutions and Health and Nutrition segments, which will be split from FMC's current Minerals segment. Jefferies raised its price target on FMC shares to $95 from $84 after the announcement, which the firm views as an incremental positive. MAJOR MOVERS: Among the notable gainers was Montage Technology (MONT), which surged 20% after the company received a $21.50 per share acquisition proposal from China's state-owned Shanghai Pudong Science and Technology. Also higher was Chiquita Brands (CQB), which rose 12% after agreeing to combine with another fruit company, Ireland's Fyffes, to form a new company that will be 50.7% owned by Chiquita stockholders. Among the noteworthy losers were 3D printer makers 3D Systems (DDD) and Stratasys (SSYS), which fell 5% and 3% respectively after Barron's contended that the stocks in the sector are hyped, don't have much potential, and are overvalued. INDEXES: Near midday, the Dow was down 83.77, or 0.51%, to 16,368.95, the Nasdaq was down 12.87, or 0.3%, to 4,323.35, and the S&P 500 was down 6.55, or 0.35%, to 1,871.49.
News For BA;MCD;FMC;DDD;MONT;SSYS;CQB From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 >>
August 26, 2015
06:18 EDTMCDMcDonald's customization kiosks fail to reach drive-thru customers, QSR reports
McDonald's' new "Create Your Taste" kiosks in all its franchises, allowing for customers to customize their orders, may present a problem since they can only be accessed from inside the restaurants, and McDonald's allegedly receives as much as 70% of its sales from the drive-thru, QSR Magazine reports. The expensive new kiosks are expected to cost franchises between $100,000-$150,000 to install, the report says. "At a cost of $100,000-$150,000 per restaurant to implement, it has a limited upside," Richard Adams, a former McDonald's franchisee, told QSR. "I think this is more a stunt to appeal to Wall Street investors instead of being practical for the restaurant operator." Reference Link
August 25, 2015
08:45 EDTBAGoldman continues to believe Boeing shares should be sold
Subscribe for More Information
05:25 EDTBABoeing sees demand in China for 6,330 airplanes valued at almost $950B
Subscribe for More Information
August 24, 2015
18:10 EDTBABoeing considers 'several hundred' layoffs in satellite division, Reuters says
Subscribe for More Information
August 23, 2015
18:06 EDTBABoeing loses $85M contract over Ex-Im Bank uncertainty, WSJ says
Subscribe for More Information
14:41 EDTBABoeing delivers next-generation 737-800 to Nok Air
Subscribe for More Information
August 21, 2015
17:46 EDTBABoeing on schedule to meet 737 MAX production targets, Reuters says
Subscribe for More Information
06:45 EDTMCDMcDonald's accused of mistreating employees in Brazil, Reuters says
Subscribe for More Information
06:11 EDTMCDMcDonald's signs franchise deal with Russia's GiD, Reuters reports
Subscribe for More Information
06:07 EDTBABoeing, GKN grapple to produce critical component for 737 Max, WSJ reports
Boeing (BA) and GKN PLC (GKNLY), a key supplier, are grappling to produce a critical component for the updated version of its 737 jet, The Wall Street Journal reports. Boeing has plans to quickly boost production of the 737 Max, but difficulty consistently manufacturing part of the engine thrust reverser, industry executives and engineers are concerned that a shortage of the part could derail Boeing's ambitious plans, the report says. Reference Link
August 20, 2015
12:05 EDTBABoeing reports eight new orders in weekly update
Subscribe for More Information
05:47 EDTBABoeing says Qantas intends to purchase eight 787-9 Dreamliners
Subscribe for More Information
August 19, 2015
16:34 EDTBAAir Lease delivers one Boeing 737-800 to American Airlines
Subscribe for More Information
09:33 EDTBAActive equity options trading on open
Active equity options trading on open: AAPL BAC FB BA TWTR NFLX WMT BABA
06:12 EDTMCDStarbucks K-cup momentum is accelerating, says UBS
UBS analyst Keith Siegner says Starbucks (SBUX) is seeing accelerating momentum in the single-serve cup category. The company's K-cup sales increased 36% year-over-year for the four-week period ended August 8, according to Nielsen (NLSN), Siegner tells investors in a research note. Starbucks' K-cup promotion levels ticked up sequentially, but remain well below levels from earlier in the year, the analyst points out. The company's K-Cup portfolio continues to gain share despite increasing price pressure and new market entrants like Dunkin' Brands (DNKN) and McDonald's (MCD), Siegner writes. He keeps a Buy rating on Starbucks with a $63 price target. The stock closed yesterday up 9c to $57.83. Shares of Keurig Green Mountain (GMCR) are down 62% year-to-date in part due to the company's slowing sales in the single-serve cup category.
August 18, 2015
06:16 EDTMCDFast food chains making new push with more fresh ingredients, WSJ says
Subscribe for More Information
06:03 EDTBABoeing's test flight of aerial refueling tanker to be delayed, WSJ reports
Subscribe for More Information
August 16, 2015
18:56 EDTMCDU.S. food chains see opportunity in a weakened Brazil, WSJ says
North American food chains including McDonald's (MCD), Dunkin' Brands (DNKN), Domino's Pizza (DPZ), Papa John's (PZZA), and Bloomin' Brands (BLMN) are expanding into Brazil in hopes to capture market share while local restaurants pull back amid the country's economic uncertainty, reports the Wall Street Journal. Brazilian economic troubles "make it more challenging, but it's also an opportunity... The Brazilian economy will improve, and we'll be in a position to take advantage of that," commented Patrick Murtha, president of the international arm of Bloomin' Brands. Reference Link
13:24 EDTFMCFMC shares could rebound 50% in next few years, Barron's says
Subscribe for More Information
August 14, 2015
10:53 EDTBAAvolon delivers one Boeing 737-800 to Lion Air
Subscribe for More Information
1 | 2 >>

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