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Stock Market & Financial Investment News

News Breaks
January 1, 2013
14:16 EDTBBY, UNHESL Investments appoints G. Mike Mikan as president
ESL Investments said it has named G. Mike Mikan as president, effective January 1, 2013. Mr. Mikan will report to Edward S. Lampert, chairman and chief executive officer of ESL Investments. Mr. Mikan held various executive positions over a 14-year period at UnitedHealth Group (UNH), including serving as executive vice president and chief financial officer, as well as chief executive officer of its Optum subsidiary. Mr. Mikan has served on the Board of Directors of Best Buy (BBY) since 2008. He was appointed Best Buy’s interim chief executive in April 2012, serving until September 2012.
News For BBY;UNH From The Last 14 Days
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June 19, 2013
09:40 EDTBBYBest Buy sweetening terms of loyalty program, says SunTrust
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June 17, 2013
15:29 EDTBBYGoogle's Chromebook to be available in Wal-Mart, Staples
In addition to Best Buy (BBY) and Amazon.com (AMZN), Google (GOOG) announced that, starting today, Walmart (WMT) will be making the newest Acer Chromebook available in approximately 2,800 stores across the U.S. for $199. Beginning this weekend, Staples (SPLS) will bring a mix of Chromebooks from Acer, HP (HPQ) and Samsung (SSNLF) to each of its stores in the U.S., or more than 1,500 in total. Reference Link
14:16 EDTUNHUnitedHealth downgraded to Hold from Buy at Standpoint Research
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06:42 EDTUNHChoices provided by health insurance exchanges to vary widely, NY Times says
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05:56 EDTBBYBest Buy implied volatility at lower end of index mean range
June 14, 2013
06:24 EDTBBYBest Buy implied volatility at lower end of index mean range
June 13, 2013
12:10 EDTBBYMicrosoft announced Windows Store at Best Buy
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June 11, 2013
09:16 EDTUNHOn The Fly: Pre-market Movers
HIGHER: Dole Food (DOLE), up 21.9% after CEO offers buyout at $12 per share... Questcor (QCOR), up 32% after buying rights to develop Synacthen and Synacthen Depot in the U.S. from Novartis (NVS), upgrade to Buy at CRT Capital... CardioNet (BEAT), up 44% after announcing a three-year national provider agreement with UnitedHealthcare Insurance (UNH)... Catamaran (CTRX), up 13.2% after announcing a ten-year strategic pharmacy benefits deal with Cigna (CI)... Sprint (S), up 2% after Softbank (SFTBF) increases buyout offer terms. Clearwire (CLWR) up 1.2%. LOWER: lululemon (LULU), down 14.9% after reporting earnings, CEO announces plans to step down, stock downgraded at Sterne Agee and UBS... Texas Instruments (TXN), down 2% after narrowing second quarter revenue, earnings forecast ranges... Corinthian Colleges (COCO), down 15.4% after disclosing the receipt of a subpoena from the SEC. Corinthian peer Career Education (CECO) 5.5%... Kinross Gold (KGC), down 5.5% after canceling development project in Ecuador, taking $720M charge, stock downgraded at Canaccord. DOWN AFTER EARNINGS: LDK Solar (LDK), down 8.5%.
08:05 EDTUNHUnitedHealth management to meet with Deutsche Bank
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June 10, 2013
18:58 EDTUNHOn The Fly: After Hours Movers
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16:14 EDTUNHCardioNet, UnitedHealthcare enter three-year agreement
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09:33 EDTUNHUnitedHealth management to meet with Deutsche Bank
Meeting to be held in London on June 10 hosted by Deutsche Bank.
08:39 EDTUNHUnitedHealth price target raised to $79 form $72 at Susquehanna
Susquehanna raised its price target on UnitedHealth based on its business mix and current comparable valuations. The firm believes the shares should be trading 14% above current levels after a sum-of-the-parts valuation. shares are Positive rated.
June 7, 2013
13:30 EDTUNHQuestcor rises after UnitedHealth issues policy update for Acthar
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06:04 EDTBBYBest Buy implied volatility at lower end of index mean range
June 6, 2013
07:20 EDTBBYGoldman to host a conference
4th Annual dotCommerce Day is being held in New York on June 6 with webcasted company presentations to begin at 9 am; not all company presentations may be webcasted. Webcast Link
June 5, 2013
09:11 EDTBBYBofA/Merrill's retail analysts hold an analyst/industry conference call
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09:10 EDTUNHUnitedHealth raises dividend 32% to 28c per share
UnitedHealth Group announced that its Board of Directors authorized payment of a cash dividend of 28c per share, to be paid on June 26, to all shareholders of record of UnitedHealth Group common stock as of the close of business on June 17. This represents a 32% increase over the quarterly dividend of 21.25c per share the company has paid beginning with the second quarter 2012. The company issued a second press release correcting the record date and date of payment.
07:04 EDTUNHUnitedHealth renews share repurchase program
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