Stock Market & Financial Investment News

News Breaks January 11, 2013 11:51 EDT BBY, JCP Stocks with call strike movement; JCP BBY J.C. Penney (JCP) January 15 weekly call option implied volatility decreased 5% to 87, Best Buy (BBY) January 12 call option implied volatility decreased 15% to 67 according to iVolatility. News For BBY;JCP From The Last 14 Days Check below for free stories on BBY;JCP 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 | all recent news | >> May 16, 2013 11:40 EDT JCP Stocks with call strike movement; FSLR JCP Subscribe for More Information 11:37 EDT BBY Stocks with call strike movement; AMD BBY AMD (AMD) October 4.5 call volatility increased 4% to 58, Best Buy (BBY) June 30 call option implied volatility increased 3% to 63 according to IVolatility. 10:21 EDT BBY Best Buy volatility elevated shares near one-year high into Q1 Best Buy May weekly call option implied volatility is at 71, June is at 61, July is at 55, September is at 51 of 50 is above its 26-week average of 59 according to Track Data, suggesting large near term price movement into the expected release of Q1 earnings on May 20. 09:42 EDT BBY Best Buy estimates lowered at ITG Research Subscribe for More Information 08:00 EDT JCP J.C. Penney shares more expensive than they look, says Wells Fargo Although J.C. Penney's market cap is $4.2B, its enterprise value, including its net debt, is $7.4B, according to Wells Fargo. That is very similar to 2010 levels, when the retailer's EPS was $1.38, according to the firm. Wells notes that the stock would be trading at 15.1 times earnings even if the company generates $1.26 in EPS sometime in the future, and it keeps an Underperform rating on the shares. May 15, 2013 11:45 EDT BBY, JCP Stocks with call strike movement; JCP BBY Subscribe for More Information 09:44 EDT BBY Best Buy Q1results likley below consensus, says Wedbush Wedbush expects Best Buy to report Q1 pro-forma results below consensus due to the reclassification of Best Buy Europe as discontinued operations. The firm expects Best Buy's cash flow to decline and continued margin erosion to result in lower earnings. The firm rates shares an Underperform with a $9 price target. 08:48 EDT JCP J.C. Penney recommended at Buckingham Subscribe for More Information 05:56 EDT JCP J.C. Penney board supporting new CEO, not Ackman, NY Post reports Bill Ackman has lost influence over J.C. Penney's (JCP) board after failing to quickly replace the company's new CEO Mike Ullman, New York Post reports, citing sources. Ackman approached a number of candidates about the position, including Foot Locker (FL) CEO Ken Hicks, but the board was not interested, the paper adds. Reference Link May 14, 2013 16:24 EDT JCP J.C. Penney real estate appraised at $4.06B, Reuters says Subscribe for More Information 15:29 EDT JCP J.C. Penney stores, real estate appraised at $4.06B, Reuters reports 15:13 EDT JCP J.C. Penny May 19 straddle priced for 8.5% move into Q1 Subscribe for More Information 14:12 EDT JCP J.C. Penney upgraded to Neutral from Underperform at BofA/Merrill Subscribe for More Information 11:51 EDT BBY, JCP Stocks with call strike movement; JCP BBY J.C. Penney (JCP) June 21 call volatility increased 2% to 60, Best Buy (BBY) June 31 call option implied volatility decreased 2% to 59 according to IVolatility. 09:12 EDT JCP J.C. Penney increases tender offer consideration to $1,400 Subscribe for More Information May 13, 2013 11:57 EDT BBY Stocks with call strike movement; FLSR BBY Subscribe for More Information 11:30 EDT JCP J.C. Penney May volatility elevated at 96 into Q1 Subscribe for More Information 09:50 EDT JCP J.C. Penney pops higher in early trading, levels to watch Subscribe for More Information 09:11 EDT JCP J.C. Penney feedback indicates a sales pickup, sa Cleveland Research Subscribe for More Information May 10, 2013 13:26 EDT JCP S&P assigns J.C. Penney term loan 'B' issue-level rating Subscribe for More Information << 1 | 2 | 3 | 4 | all recent news | >> Sign up for a free trial to see the rest of the stories you've been missing.