New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 27, 2012
16:29 EDTCAG, RAH, HPQ, MNST, ACAD, MMR, THOOn The Fly: Closing Wrap
Stocks on Wall Street finished lower on the day, after a mixed session turned negative for all three major averages following comments from Senate Majority Leader Harry Reid. Reid said that he was disappointed with the most recent round of negotiations regarding the fiscal cliff and that little progress had been made... ECONOMIC EVENTS: In the U.S., non-defense capital goods orders excluding aircraft rose 1.7% in October, versus expectations for a 0.5% decline. Total durable goods orders were unchanged for the month, versus expectations for them to decline 0.7%. The S&P Case-Shiller 20-city home-price index gained 0.4% in September compared to the prior month. The Conference Board's consumer confidence index rose to 73.7 in November, beating expectations and hitting its highest level in almost five years. The Richmond Fed manufacturing survey for November registered +9, compared to expectations for it to slide to -9. In Europe, the region's finance ministers, the ECB and the IMF reached an aid deal on Greece, which is expected to help the nation reduce its debt-to-GDP ratio to 124% by 2020... COMPANY NEWS: ConAgra Foods (CAG) agreed to acquire Ralcorp Holdings (RAH) for $90.00 per share, or about $6.8B including the assumption of debt. Shares of Ralcorp shot up $18.57, or 26.44%, to $88.80 following the deal announcement and ConAgra also climbed $1.34, or 4.74%, $29.63 after the news... Hewlett-Packard (HPQ), in response to an open letter issued by Autonomy founder Mike Lynch, said it has evidence that Autonomy inflated its financial metrics and would take legal action on the matter when appropriate. Shares of HP traded lower on the session, down 38c, or 2.98%, to $12.36... MAJOR MOVERS: Among notable gainers were shares of Monster Beverage (MNST) up $6.08, or 13.26%, to $51.96 after Goldman said the FDA's response to Senator Durbin's letter on energy drinks was generally benign and encouraging. Also higher was ACADIA Pharmaceuticals (ACAD), up $3.13, or 136.09%, to $5.43 following its report of positive results from a trial of its treatment for Parkinson's disease psychosis, or PDP. Among the noteworthy losers was McMoRan Exploration (MMR), which slid another $1.47, or 15.23%, to $8.18 a day after the company provided an update on its Gulf of Mexico exploration results and indicated ongoing well difficulties. Also lower were shares of Thor Industries (THO), down $5.00, or 11.47%, to $38.60 after a disappointing Q1 report... INDICES: The Dow was down 89.24, or 0.69%, to 12,878.13; the Nasdaq was down 8.99, or 0.30%, to 2,967.79; and the S&P 500 was down 7.35, or 0.52%, to 1,398.94.
News For CAG;RAH;HPQ;MNST;ACAD;MMR;THO From The Last 14 Days
Check below for free stories on CAG;RAH;HPQ;MNST;ACAD;MMR;THO 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 | 5 | all recent news | >>
August 15, 2014
12:39 EDTMNSTOn The Fly: Midday Wrap
Subscribe for More Information
12:16 EDTMNSTMonster surges as Coca-Cola takes 16.7% stake in company
Subscribe for More Information
10:32 EDTMNSTHigh option volume stocks
High option volume stocks: BXR IRWD ACM CECO TCK JAH MNST AVB EDU DAR
10:01 EDTMNSTOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:10 EDTMNSTOn The Fly: Pre-market Movers
Subscribe for More Information
09:09 EDTMNSTMonster Beverage to hold a conference call
Subscribe for More Information
09:03 EDTMNSTMonster Beverage sees 2013 pro forma op. income above $700M after Coke deal
Monster Beverage (MNST) estimated its 2013 operating income to be over $700M on a pro forma basis following its new deal, as compared to $600M for "current Monster," the company stated in slides discussing its long-term strategic partnership and asset swap with Coca-Cola (KO). The company estimated its 2013 pro forma 2013 net sales at $2.4B, up from $2.2B for current Monster. The company sees a pro forma 2Q14 cash balance of $2.6B, compared to $0.8B for current Monster. Reference Link
07:16 EDTMNSTCoca-Cola stake in Monster a win-win for both, says Wells Fargo
Subscribe for More Information
07:12 EDTMNSTMonster Beverage price target raised to $94 from $75 at Stifel
Subscribe for More Information
07:09 EDTMNST, MNSTMonster Beverage upgraded to Outperform from Underperform at CLSA
Subscribe for More Information
06:24 EDTMNSTMonster Beverage volatility expected to move on Coca-Cola takes 16.7% stake
Subscribe for More Information
August 14, 2014
19:08 EDTMNSTOn The Fly: After Hours Movers
Subscribe for More Information
17:58 EDTMNSTSodaStream up 3.5% after Coca-Cola takes stake in Monster Beverage
Subscribe for More Information
17:08 EDTMNSTSoros Fund Management gives quarterly update on stakes
NEW STAKES: CONSOL Energy (CNX), Google (GOOG), Level 3 (LVLT), Time Warner (TWC), and New Oriental (EDU). INCREASED STAKES: YPF SA (YPF), Apple (AAPL), Facebook (FB), AIG (AIG), and American Airlines (AAL). DECREASED STAKES: Teva (TEVA), Liberty Global (LBTYK), Barrick Gold (ABX), EQT (EQT), and Comcast (CMCSA). LIQUIDATED STAKES: FedEx (FDX), Monster Beverage (MNST), Google (GOOGL), Devon Energy (DVN), Marathon Petroleum (MPC).
16:50 EDTMNSTMonster Beverage up 24% after Coca-Cola takes 16.7% stake
16:43 EDTMNSTCoca-Cola, Monster Beverage enter into long-term strategic partnership
Subscribe for More Information
16:40 EDTMNSTCoca-Cola takes 16.7% stake in Monster Beverage for $2.15B
15:24 EDTHPQHewlett-Packard volatility increases into Q3 and outlook
Subscribe for More Information
06:09 EDTHPQGoogle, HP in talks to collaborate on 'virtual assistant,' The Information says
Subscribe for More Information
August 13, 2014
07:55 EDTHPQHP free cash flow upside thesis intact, says Brean Capital
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 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