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Stock Market & Financial Investment News

News Breaks
March 5, 2012
06:55 EDTVZ, VZ, CALL, CALL, EGHT, EGHT, IBM, IBM, INAP, INAP, INXN, INXN, KITD, KITD, RAX, RAX, T, TOppenheimer to host a conference
Cloud Computing Services 1:1 Conference is being held in New York on March 6.
News For CALL;EGHT;IBM;INAP;INXN;KITD;RAX;T;VZ From The Last 14 Days
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August 12, 2014
06:20 EDTCALLmagicJack downgraded to Hold from Buy at Canaccord
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August 11, 2014
18:29 EDTCALLOn The Fly: After Hours Movers
UP AFTER EARNINGS: DealerTrack (TRAK), up 11.3%... DTS Inc. (DSTI), up 12.8%... Globalstar (GSAT), up 1.6%... Halozyme Therapeutics (HALO), up 2.4%. ALSO HIGHER: Intercept Pharmaceuticals (ICPT), up 57.7% after announcing that 46% of OCA group met FLINT endpoint as well as reporting second quarter results... Cempra (CEMP), up 5.8% following Intercept Pharmaceuticals' FLINT announcement... Scotts Miracle-Gro (SMG), up 3.6% after board approves a $500M share repurchase authorization and announces a $2.00 per share special dividend. DOWN AFTER EARNINGS: Galena Biopharma (GALE), down 13.4%... Nuance Communications (NUAN), down 9.7%... Millennial Media (MM), down 7.1%... MasTec (MTZ), down 3.6%... Turtle Beach (HEAR), down 3.5%... magicJack (CALL), down 5.8%... Geron (GERN), down 2.4%. ALSO LOWER: Sprouts Farmers Market (SFM), down 3.7% after filing to sell 15M shares of common stock for holders.
16:48 EDTRAXRackspace says on track to deliver 15%-18% YoY revenue growth for FY14
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16:37 EDTCALLmagicJack reports Q2 EPS 31c, consensus 31c
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16:36 EDTRAXRackspace says continuing to explore strategic options
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16:03 EDTRAXRackspace sees Q3 revenue $454M-$461M, consensus $454.23M
The company expects Adjusted EBITDA margin to be in the range of 31%-33% in the third quarter.
16:01 EDTRAXRackspace reports Q2 EPS 16c, consensus 16c
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15:45 EDTTSpherix subsidiary settles with AT&T, files joint motion to dismiss
Spherix (SPEX) subsidiary Guidance IP has reached a settlement with AT&T (T), according to a court document filed August 7 in the U.S. District Court for the Northern District of Texas. The settlement stems from a lawsuit filed on December 6, 2013 by Spherix for infringement of its patent entitled, "System and Method for Determining the Geolocation of a Transmitter." Shares of small-cap Spherix are up 19% to $1.75 in later afternoon trading following the circulation of the court filing. Reference Link
15:32 EDTRAXNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Ventas (VTR), consensus $1.09; Nuance Communications (NUAN), consensus 27c; Intercept Pharmaceuticals (ICPT), consensus (12c); Rackspace Hosting (RAX), consensus 16c; Opko Health (OPK), consensus (9c); Mindray Medical (MR), consensus 54c; Chimera Investment (CIM), consensus 9c; Globalstar (GSAT), one estimate (4c); 51job (JOBS), consensus 32c; Dealertrack Technologies (TRAK), consensus 373c; Caesars Entertainment (CZR), consensus ($1.19); Towerstream (TWER), consensus (10c); Resolute Energy (REN), consensus 1c; Forest Oil (FST), consensus (2c).
15:22 EDTINAPOppenheimer to hold a conference
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13:16 EDTRAXRackspace technical comments before earnings
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08:33 EDTIBMIBM acquires Lighthouse Security Group
IBM announced it has acquired the business operations of Lighthouse Security Group, LLC, a cloud security services provider. Lighthouse Security Group's Gateway platform protects identity and data. Lighthouse Security Group is a subsidiary of Lighthouse Computer Services, Inc. Financial terms were not disclosed.
August 8, 2014
14:02 EDTCALLmagicJack August volatility elevated into Q2 and outlook
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11:32 EDTT, VZSprint is preparing to engage in fierce pricing war, WSJ reports
Sprint (S) is preparing to engage in a fierce price competition on the heels of an almost complete network revamp, according to the Wall Street Journal, citing Masayoshi Son, the CEO of parent company Softbank (SFTBY). Sprint is currently testing new pricing plans, and will utilize its "street fighter" strategies to take on larger rivals Verizon (VZ) and AT&T (T). "Price competition will intensify. Sprint will soon be ready to join the fray," Son said. Reference Link
07:56 EDTTSonus Networks upgraded to Outperform from Market Perform at Barrington
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06:44 EDTIBMNew IBM chip identifies patterns, NY Times says
IBM has developed a new type of computer chip that tries to imitate the pattern identifying powers of human brains, according to The New York Times. The chip could eventually perform calculations that today's supercomputers are not capable of, the newspaper added. Reference Link
August 7, 2014
18:03 EDTIBMCSC, IBM expand alliance to accelerate customers transition to the cloud
Leading technology companies CSC (CSC) and IBM (IBM) announced they are building on their existing alliance with new ways to help global customers accelerate their transition to the cloud. Both companies will collaborate on consulting, apps modernization tools, big data and analytics, cloud and mobile capabilities, and security to create a single, consumable services framework.
12:02 EDTIBMIBM selected by Shanghai Wind Information
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09:36 EDTVZActive equity options trading on open
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07:43 EDTRAXRackspace August volatility elevated into Q2 and outlook
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