New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 19, 2014
16:36 EDTBBRY, PIR, CMGE, TRGP, ETE, NGLSOn The Fly: Closing Wrap
Stocks on Wall Street finished the day mixed after moving in a narrow range for the entire session. There were several passes back and forth across the flat line throughout the day as the market consolidated its gains from yesterday. Investors seemed content to sit on the sidelines ahead of what could be a volatile session tomorrow in what is called "quadruple witching," when various stock index futures, stock index options, stock options, and single stock futures expire. ECONOMIC EVENTS: In the U.S., initial jobless claims dropped 6K to 312K last week, which was nearly in-line with expectations. The Philly Fed manufacturing index rose 2.4 points to 17.8 in June, which was better than expected. The leading economic indicator index for May rose 0.5%, which was slightly below the consensus forecast for it to have grown 0.6%. COMPANY NEWS: Shares of BlackBerry (BBRY) climbed 80c, or 9.65%, to $9.09 after the company reported losses that weren't as steep as expected for the first quarter and said that it had recognized revenue on more handsets in Q1 than in the previous quarter. Moreover, it said that it was close to reaching the breakeven point on hardware sales and that it expects to be profitable "sometime in fiscal 2016." MAJOR MOVERS: Among the notable gainers was Targa Resources (TRGP), which surged $25.57, or 20.45%, to $150.62, and its operating unit Targa Resources Partners (NGLS), which gained $12.29, or 17.74%, to $81.55, after Bloomberg reported late in the day that both could potentially be acquired shortly by Energy Transfer Equity (ETE). Energy Transfer Equity closed the session down fractionally but was up more than 5% in after-hours trading following Bloomberg's report. Among the noteworthy losers was home furnishings retailer Pier 1 Imports (PIR), which dropped $2.40, or 13.14%, to $15.86 after the company's first quarter results missed analysts' consensus estimates and it cut its fiscal 2015 earnings per share outlook. Also lower were shares of China Mobile Games (CMGE), which fell $4.25, or 22.47%, to $14.65 before eventually being halted by Nasdaq after the company reportedly removed a total of nine executives, according to a Chinese-language report quoted by Bloomberg. INDEXES: The Dow was up 14.84, or 0.09%, to 16,921.46, the Nasdaq was up 3.51, or 0.08%, to 4,359.33, and the S&P 500 was up 2.50, or 0.13%, to 1,959.48.
News For BBRY;PIR;CMGE;TRGP;ETE;NGLS From The Last 14 Days
Check below for free stories on BBRY;PIR;CMGE;TRGP;ETE;NGLS the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 21, 2014
12:05 EDTBBRYStocks with call strike movement; BBRY TWTR
Subscribe for More Information
07:31 EDTBBRYBlackBerry appoints Marty Beard as COO
Subscribe for More Information
July 18, 2014
16:47 EDTBBRYMarket ends week higher as earnings, M&A offset geopolitical tensions
Subscribe for More Information
11:47 EDTBBRYStocks with call strike movement; BBRY MNKD
Subscribe for More Information
July 17, 2014
10:00 EDTPIROn The Fly: Analyst Initiation Summary
Subscribe for More Information
July 16, 2014
17:24 EDTPIRPier 1 Imports initiated with a Buy at Nomura
Target $22.
12:04 EDTBBRYBlackBerry announces digital assistant
BlackBerry announced in a blog that its new BlackBerry Passport device will feature a digital assistant. Called the Blackberry Assistant, the app will "help manage simple tasks," including e-mail and calendar searches and sending out invitations to events, the company stated. It can be activated using voice commands, BlackBerry added. Reference Link
06:14 EDTBBRYABI Research: More than 2B smartphones to ship in 2018, DigiTimes says
Subscribe for More Information
July 15, 2014
18:29 EDTBBRYOn The Fly: After Hours Movers
UP AFTER EARNINGS: Intel (INTC), up 4.1% after reporting second quarter results... AMD (AMD), up 1.6% after Intel reported quarterly results... Cintas (CTAS), up 1.6% after reporting fourth quarter results and fiscal 2015 guidance. ALSO HIGHER: IBM (IBM), up 1.8% after announcing an enterprise mobile partnership with Apple (AAPL), which is up 1.5%. DOWN AFTER EARNINGS: Yahoo! (YHOO), down 2.3% after reversing direction during the company's second quarter earnings conference call. ALSO LOWER: BlackBerry (BBRY), down 3.4% following IBM and Apple partnership announcement.
17:40 EDTBBRYBlackBerry slides after Apple, IBM partner on mobile enterprise
Subscribe for More Information
17:29 EDTNGLSTarga Resources Partners increases quarterly dividend by 2% to 78c
Subscribe for More Information
17:27 EDTTRGPTarga Resources Corp. increases quarterly dividend by 7% to 69c
Targa Resources Corp. announced that its board has declared a quarterly cash dividend of 69c per share, or $2.76 per common share on an annualized basis, for Q2. The approved dividend represents increases of approximately 7% over the previous quarter's dividend and 30% over the dividend for 2Q13. This cash dividend will be paid August 15 on all outstanding common shares to holders of record as of the close of business on July 28.
16:51 EDTBBRYBlackBerry lower by almost 5% after Apple-IBM pact
Subscribe for More Information
06:46 EDTBBRYBlackBerry says many readers upbeat about new phone, Re/code reports
Subscribe for More Information
July 14, 2014
11:45 EDTBBRYStocks with call strike movement; BBRY SUNE
Subscribe for More Information
July 11, 2014
06:19 EDTBBRYBlackBerry to discontinue Scoreloop services as of December 1, WSJ reports
Subscribe for More Information
July 9, 2014
12:00 EDTBBRYStocks with call strike movement; BBRY IGT
BlackBerry (BBRY) December 14 call option implied volatility decreased 5% to 54, International Game (IGT) October 19 call option implied volatility increased 3% to 51 according to IVolatility.

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