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Stock Market & Financial Investment News

News Breaks
March 28, 2013
12:17 EDTRPRX, UTIW, DECK, FIVE, BBRY, PVHOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday and if the S&P's level holds into the close, the index will set a new all-time closing record. Equity markets being closed for a holiday tomorrow makes this the last trading day of the quarter, and buyers have emerged to position their portfolios accordingly... ECONOMIC EVENTS: In the U.S., initial jobless claims increased 16K from the prior week to a seasonally adjusted 357K, versus expectations for 340K claims. The Commerce Department upwardly revised its estimate for gross domestic product expansion in the fourth quarter to 0.4% growth from its prior estimate of a 0.1% growth rate. However, this was a bit below the 0.5% gain forecast by analysts. The Chicago PMI Business Barometer Index came in at 52.4, missing the expected reading of 56.5... COMPANY NEWS: Blackberry (BBRY) posted an adjusted profit for its most recent quarter, when a loss was expected, and said it shipped 6M smartphones, including approximately 1M BlackBerry 10 units. The company also reported a gross margin of 40% in the quarter and said its cash position grew to $2.9B. Shares of the mobile device maker gained 2% near noon following the report and associated conference call... MAJOR MOVERS: Among the notable gainers were shares of Repros Therapeutics (RPRX), which rose 71% after the company announced its Androxal drug for the treatment of secondary hypogonadism reached its primary endpoints in a study. Also higher was Deckers Outdoor (DECK), which advanced over 7% after a Jefferies analyst increased his price target on the shares to $100 from $65. Among the noteworthy losers following their earnings reports were Five Below (FIVE), UTi Worldwide (UTIW) and PVH Corp. (PVH), which all fell around 4%... INDICES: Near noon, the Dow was up 43.25, or 0.30%, to 14,569.41; the Nasdaq was up 2.90, or 0.09%, to 3,259.42; and the S&P 500 was up 3.64, or 0.23%, to 1,566.49.
News For BBRY;DECK;RPRX;FIVE;UTIW;PVH From The Last 14 Days
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February 25, 2015
14:03 EDTBBRYBlackBerry says working with Google to enable BES12
BlackBerry Limited (BBRY) announced that it is working with Google (GOOG) to enable BES12: a cross-platform EMM solution by BlackBerry to manage devices equipped with Android for Work, Google's solution to securely separate business and personal data and applications. BES12 will provide organizations with the most secure and flexible way to manage Android for Work. Android for Work smartphones and tablets will be natively managed within the BES12 environment.
10:01 EDTFIVEOn The Fly: Analyst Initiation Summary
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09:48 EDTBBRYIDC reports 96.3% smartphone marketshare for iPhone, Android
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08:35 EDTFIVEFive Below initiated with a Positive at Susquehanna
Target $39.
February 24, 2015
05:59 EDTBBRYStocks with implied volatility movement; BBRY AAPL
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February 23, 2015
09:02 EDTBBRYVerizon to sell BlackBerry Classic for $100, CrackBerry says
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February 19, 2015
13:56 EDTBBRYT-Mobile in talks to resume selling BlackBerry devices, CrackBerry says
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09:32 EDTBBRYBlackBerry announces roll out of 10 OS 10.3.1
BlackBerry announced that BlackBerry 10 OS version 10.3.1 will begin rolling out globally today for in-market BlackBerry 10 devices, including the BlackBerry Passport, Z30, Z3, Z10, Q10, and Q5.
05:34 EDTBBRYStocks with implied volatility below IV index mean; EXPE BBRY
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February 18, 2015
10:42 EDTPVHApparel makers beyond Perry Ellis seen hurt by port slowdown
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07:59 EDTBBRYBlackBerry files copyright lawsuit against Typo Products, AP says
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February 17, 2015
18:43 EDTPVHApparel stocks lower after Perry Ellis warns of West Coast port disruption
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February 13, 2015
09:35 EDTBBRYBlackBerry mentioned positively at Cleveland Research
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