New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 27, 2013
10:00 EDTBMO, PVG, KALU, LNKD, YELP, OPEN, KBH, NCLH, CM, FRANOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Bank of Montreal (BMO) initiated with a Buy at Citigroup... Canadian Imperial Bank (CM) initiated with a Neutral at Citigroup... Norwegian Cruise Line (NCLH) initiated with a Buy at UBS... Rentech Nitrogen (RNF) initiated with a Sector Perform at RBC Capital... KB Home (KBH) reinstated with a Buy at BofA/Merrill... Yelp (YELP) initiated with a Hold at Wunderlich... OpenTable (OPEN) initiated with a Buy at Wunderlich... LinkedIn (LNKD) initiated with a Buy at Wunderlich... Kaiser Aluminum (KALU) initiated with a Neutral at Sterne Agee... Pretium Resources (PVG) initiated with a Buy at Global Hunter... Francesca's (FRAN) initiated with an Outperform at Cowen.
News For BMO;CM;NCLH;KBH;OPEN;YELP;LNKD;KALU;PVG;FRAN From The Last 14 Days
Check below for free stories on BMO;CM;NCLH;KBH;OPEN;YELP;LNKD;KALU;PVG;FRAN the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
July 23, 2014
18:34 EDTYELP, LNKDOn The Fly: After Hours Movers
UP AFTER EARNINGS: Fortinet (FTNT), up 7.8%... Hanesbrands (HBI), up 5.4%... 8x8 (EGHT), up 5.1%... Infinera (INFN), up 4.9%... Facebook (FB), reverses and is now trading up 5.1% following second quarter earnings conference call. NOTABLE: Twitter (TWTR), up 1.7%, LinkedIn (LNKD), up marginally, and Yelp (YELP), up 1.6% after Facebook reports second quarter results. ALSO HIGHER: Spectranetics (SPNC), up 7.1% after receiving FDA clearance for atherectomy products, Turbo-Tandem and Turbo Elite... Ariad Pharmaceuticals (ARIA), up 7.1%... Jamba (JMBA), up 3.8% after Engaged Capital reports stake in the company and announced that they had discussions with management. DOWN AFTER EARNINGS: AT&T (T), down 1.2%... Angie's List (ANGI), down 16.4%... Tripadvisor (TRIP), down 11.5%... Orchids Paper (TIS), down 7.4%... Cirrus Logic (CRUS), down 6.6%... Cliffs Natural (CLF), down 1.2%... Teradyne (TER), down 4%. ALSO LOWER: Kandi Technologies (KNDI), down 3.8% after being mentioned negatively in a Seeking Alpha blog post.
16:42 EDTKALUKaiser Aluminum still sees 2014 results as similar to 2012, 2013
Subscribe for More Information
16:41 EDTKALUKaiser Aluminum reports Q2 EPS ex-items $1.05, consensus 87c
Reports Q2 revenue $344.1M, consensus $334.89M.
July 22, 2014
16:28 EDTLNKDLinkedIn to acquire Bizo for $175M in cash, stock
Subscribe for More Information
10:24 EDTPVGPretium Resources 8.28M share Secondary priced at $7.25
Scotia Capital Inc. is the lead underwriter in a syndicate that includes BMO Nesbitt Burns Inc., CIBC World Markets Inc., Cormark Securities Inc., GMP Securities L.P., RBC Dominion Securities Inc., Citigroup Global Markets Canada Inc., Cowen & Company, LLC, Roth Capital Partners LLC, H.C. Wainwright & Co. LLC and Salman Partners Inc.
09:47 EDTYELPYelp initiated with a Neutral at Tigress Financial
07:38 EDTKALUKaiser Aluminum management to meet with Sterne Agee
Subscribe for More Information
July 21, 2014
16:12 EDTPVGPretium Resources files to sell $60M in common stock
Subscribe for More Information
July 18, 2014
16:34 EDTKBHKB Home files automatic mixed securities shelf
Subscribe for More Information
07:56 EDTFRANFrancesca's price target lowered to $17 from $28 at Canaccord
Subscribe for More Information
July 17, 2014
07:12 EDTKALUKaiser Aluminum initiated with a Neutral at JPMorgan
Subscribe for More Information
July 16, 2014
18:03 EDTOPENMedAssets to replace OpenTable in S&P 600 as of 7/23 close
Subscribe for More Information
08:08 EDTLNKDOracle Social Cloud announces LinkedIn support for SRM platform
Subscribe for More Information
July 15, 2014
10:56 EDTYELPFed calls small cap social media, biotech valuations 'stretched'
The Board of Governors of the Federal Reserve in its Monetary Policy Report dated today said valuation metrics in "some sectors" appear substantially stretched, "particularly those for smaller firms in the social media and biotechnology industries, despite a notable downturn in equity prices for such firms early in the year." A later part in the document reads, "Equity valuations of smaller firms as well as social media and biotechnology firms appear to be stretched, with ratios of prices to forward earnings remaining high relative to historical norms." The specific targeting of sectors by the Fed seems to be having an impact on stocks in the social media and biotech spaces. Shares of Yelp (YELP) are down over 5% to $67.51, while Twitter (TWTR) and Facebook (FB) are each down 2%. Celgene (CELG) and Amgen (AMGN) are leading the biotech space lower with pullbacks of greater than 1%.
10:33 EDTLNKDFacebook, Twitter slip following cautious valuation comments from Fed
Shares of a number of companies in the social media and biotech industries moved lower following the circulation of cautious comments about their stock valuations that were included in the Federal Reserve's latest Monetary Policy Report. WHAT'S NEW: In the report, presented by the Board of Governors of the Federal Reserve and signed on behalf of the governors by Chair Janet Yellen, the central bank wrote that some broad equity price indexes have increased to all-time highs in nominal terms since the end of 2013, but that valuation measures for the overall market in early July were "generally at levels not far above their historical averages." However, the Fed's report also cautioned that valuation metrics in some sectors do appear substantially "stretched," particularly those for smaller firms in the social media and biotechnology industries, despite a notable downturn in equity prices for such firms early in the year. As support for its assessment, the Fed noted that ratios of prices to forward earnings for "smaller firms as well as social media and biotechnology firms" remain "high relative to historical norms." PRICE ACTION: Following the circulation of the comments in the Fed report, shares of Facebook (FB) are down 88c, or 1.3%, to $67.02, Twitter (TWTR) is down 24c, or 0.6%, to $38.07 and LinkedIn (LNKD), is down 21c, or 0.1%, to $159.57. Shares of some biotechnology companies including Celgene (CELG) and Amgen (AMGN) also ticked lower following the circulation of the comments from the Fed's report.
10:18 EDTLNKDFacebook, Twitter move lower following comments from Yellen
Subscribe for More Information
July 14, 2014
12:29 EDTNCLHNorwegian Cruise Line reaches agreemeent for two new cruise ships
Norwegian Cruise Line announced that it has reached an agreement with MEYER WERFT GmbH of Germany to build two new Breakaway-Plus class cruise ships for delivery in the second quarter 2018 and the fourth quarter 2019. Each ship will be 164,600 gross tons and include 4,200 passenger berths. The contract price for both ships is approximately euro 1.6 billion. The company has export credit financing in place for each ship, arranged and underwritten by KfW IPEX-Bank GmbH of Germany.
10:00 EDTYELPOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Ardelyx (ARDX) initiated with a Buy at Citigroup... Century Communities (CCS) initiated with an Overweight at JPMorgan... Charles Schwab (SCHW) initiated with a Buy at Jefferies... Diamondback Energy (FANG) initiated with a Neutral at Sterne Agee... E-Trade (ETFC) initiated with a Hold at Jefferies... Foresight Energy (FELP) initiated with an Overweight at Morgan Stanley... Global Logistics Properties (GBTZF) initiated with an Overweight at Barclays... Intercept (ICPT) initiated with a Buy at Deutsche Bank... Jumei (JMEI) initiated with a Buy at BofA/Merrill... MTS Systems (MTSC) initiated with a Buy at Needham... Markit (MRKT) initiated with an Equal Weight at Morgan Stanley... Opus Bank (OPB) initiated with a Buy at CRT Capital... Parnell (PARN) initiated with an Overweight at Piper Jaffray... TD Ameritrade (AMTD) initiated with a Hold at Jefferies... Teradata (TDC) initiated with a Buy at Standpoint Research... Veritiv (VRTV) initiated with an Overweight at Barclays... Viper Energy (VNOM) initiated with a Market Perform at Raymond James... Yelp (YELP) initiated with an Underweight at Evercore... ZS Pharma (ZSPH) initiated with an Outperform at BMO Capital... Zafgen (ZFGN) initiated with an Outperform at Cowen.
09:46 EDTLNKDLinkedIn acquires Newsle; Terms not announced
In a blog post, LinkedIn announced that it has acquired Newsle, a machine learning startup that specializes in disambiguation, natural language processing. he terms of the acquisition were not announced, but LinkedIn says that Newsle will continue to operate as a standalone product for the time being. Reference Link
06:39 EDTYELPYelp initiated with an Underweight at Evercore
Target $65.
1 | 2 | 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