New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 12, 2013
12:44 EDTBA, UPS, FDX, JPM, WFC, ATHN, WBMD, CERE, MDCOOn The Fly: Midday Wrap
The Wall Street averages were lower at midday following earnings reports from two of the nation's largest banks and a profit warning from the biggest delivery company. ECONOMIC EVENTS: In the U.S., producer prices rose 0.8% last month, versus expectations for an increase of 0.5%. Prices excluding food and energy components rose 0.2%, versus expectations for them to increase 0.1%. The preliminary University of Michigan consumer confidence index for came in at 83.9, versus expectations for a reading of 84.7. COMPANY NEWS: JPMorgan (JPM) and Wells Fargo (WFC) both reported headline earnings and revenue that beat analysts' consensus forecast. Wells Fargo shares rose nearly 2% afterward, while JPMorgan was fractionally higher... Another bellwether company, UPS (UPS), saw its shares fall almost 6% after the company reduced its guidance for 2013 earning per share, citing overcapacity in the global air freight market, increasing customer preference for lower-yielding shipping solutions, and a slowing U.S. industrial economy. Peer FedEx (FDX) slid over 2% as well... Boeing (BA) declined more than 6% following a fire at Britain's Heathrow airport involving one of the company's 787 jets, which is the same model of plane that had previously been grounded over concerns about the potential for its batteries to ignite. MAJOR MOVERS: Among the notable gainers was athenahealth (ATHN), which jumped over 15% after inking a deal with Ascension that prompted bullish analyst notes from Leerink Swann and Piper Jaffray. Also higher were shares of WebMD (WBMD), which advanced 26% after the company's preliminary quarterly results beat consensus and it raised its full-year revenue outlook. Among the noteworthy losers were Ceres (CERE), which dropped 27% after the company said the commercial ramp of sweet sorghum in Brazil is likely to fall below expectations this year and its shares were downgraded by multiple Street research firms. Also lower were shares of The Medicines Co. (MDCO), which fell 8% following a court ruling related to patent lawsuit related to one of its drug. INDICES: Near noon, the Dow was down 34.58, or 0.22%, to 15,426.34; the Nasdaq was down 0.25, or 0.01%, to 3,578.05; and the S&P 500 was down 2.25, or 0.13%, to 1,672.77.
News For BA;UPS;FDX;JPM;WFC;ATHN;WBMD;CERE;MDCO From The Last 14 Days
Check below for free stories on BA;UPS;FDX;JPM;WFC;ATHN;WBMD;CERE;MDCO 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 | 5 | 6 | all recent news | >>
September 9, 2014
14:54 EDTWFC, JPMApple announces Apple Pay
Subscribe for More Information
14:43 EDTFDXFedEx September volatility elevated into Q1 and outlook
Subscribe for More Information
13:51 EDTUPSNTSB finds UPS flight 1354 crashed due to 'unstabilized approach'
Subscribe for More Information
13:47 EDTJPMJPMorgan CFO says Jamie Dimon 'feeling fine'
Subscribe for More Information
13:29 EDTJPMJPMorgan says core rate products continue to be challenged in Q3
Comment made at Barclays Global Financial Services Conference.
09:37 EDTBABoeing announces agreement with GA Telesis
Subscribe for More Information
08:34 EDTWBMDWebMD to benefit from Apple initiatives, says RBC Capital
RBC Capital expects WebMD (WBMD) to benefit from Apple's (AAPL) launch of initiatives in the consumer health IT market. The firm believes that Apple's efforts in this area will provide more publicity for WebMD. RBC Capital keeps a $70 price target and Top Pick rating on WebMD.
07:50 EDTUPSExecutives' Club of Chicago to hold a luncheon meeting
Subscribe for More Information
07:29 EDTWFCUBM Canon to hold a summit
Subscribe for More Information
07:11 EDTWFCUBM Tech to hold a conference
Subscribe for More Information
06:33 EDTWFC, JPMFed looks set to pressure large banks to shrink, NY Times says
Subscribe for More Information
06:32 EDTWFC, JPMFed to require large US banks to have extra financial padding, WSJ reports
Subscribe for More Information
06:17 EDTBABoeing up against pressure to boost 737 production rate, Reuters says
Subscribe for More Information
September 8, 2014
16:18 EDTBAOn The Fly: Closing Wrap
Subscribe for More Information
12:18 EDTBAOn The Fly: Midday Wrap
Subscribe for More Information
09:35 EDTBARyanair places order for up to 200 Boeing 737 MAX
Ryanair (RYAAY) confirmed an agreement with Boeing (BA) to purchase up to 200 new Boeing 737 MAX 200 aircraft, including 100 firm orders and 100 options. When finalized and all options exercised, this deal will be worth over $22B at current list prices, Ryanair stated, adding that it becomes the lead customer for this new aircraft, which for Ryanair will feature 197 seats and new CFM LEAP-1B engines.
09:33 EDTBARyanair places order for up to 200 Boeing 737 Max
Subscribe for More Information
07:24 EDTJPM, WFCBarclays to hold a conference
Global Financial Services Conference to be held in New York on September 8-10.
06:47 EDTBARyanair to possibly place $10B Boeing order, Reuters says
Subscribe for More Information
September 7, 2014
15:29 EDTBABoeing, Ryanair set to make significant fleet announcement, Reuters says
Boeing (BA) CEO Ray Conner and Ryanair (RYAAY) CEO Michael O'Leary are set to announce on Monday a significant purchase by Ryanair of Boeing 737 MAX 8 jetliners, says Reuters. With this order, Boeing will further cement its lead over rival Airbus Group (EADSY) in the order tally so far this year, added Reuters. Reference Link
1 | 2 | 3 | 4 | 5 | 6 | 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