New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 18, 2014
04:55 EDTCHEF, CHEF, POOL, POOL, SSI, SSI, WMT, WMT, JAH, JAH, VOXX, VOXX, CVS, CVS, JACK, JACK, VSI, VSI, HT, HT, SPLS, SPLSJefferies to hold a conference
2014 Global Consumer Conference to be held in Nantucket, MA on June 18-19.
News For CHEF;HT;VSI;JACK;CVS;VOXX;JAH;WMT;SSI;POOL;SPLS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
September 4, 2015
13:01 EDTWMTWayans says Morgan gets $90M from Wal-Mart, TMZ reports
Subscribe for More Information
08:25 EDTSPLSFTC sends more subpoenas to Staples, Office Depot customers, NY Post reports
Subscribe for More Information
September 3, 2015
18:03 EDTWMTSam's Club partners with TrueCar for auto sales, Reuters says
Subscribe for More Information
09:43 EDTWMTFly Watch: 'Force Friday' seen awakening shares of Disney, Hasbro
Subscribe for More Information
September 2, 2015
19:00 EDTWMTWal-Mart to reopen five stores after claims of worker retaliation, Reuters says
Wal-Mart plans to reopen five U.S. stores after being accused by the UFCW union of closing the locations in retaliation against workers trying to organize, reports Reuters, citing spokesperson statements. The company will push former employees of the stores to reapply, said the spokesperson. Reference Link
17:47 EDTVOXXVOXX completes acquisition of controlling stake in EyeLock
VOXX International Corporation announced that it has successfully completed its acquisition, effective September 1, to acquire a controlling stake of biometrics leader, EyeLock. VOXX has acquired a 54% equity interest in a newly formed subsidiary, EyeLock LLC, which now owns all of the intellectual property and substantially all of the other assets of EyeLock. and its subsidiary EyeLock Corp., and has assumed certain of their liabilities. The total purchase price, inclusive of prior investments, is approximately $20.2M. The Company also disclosed that it has entered into a Loan Agreement with EyeLock LLC, providing up to $10M for working capital purposes in the form of a secured credit facility. Pat Lavelle, VOXX International's President and CEO, stated, "This acquisition holds great potential for our Company and our shareholders as biometrics increasingly has become a desired authentication mechanism for the Internet of Things, and for increased access management and security measures. With EyeLock, we believe we have invested in the fastest and most secure iris-authentication technology in the market, and a company that has significant potential to capture an increasing share of a market that is expected to increase to over $20B within the next five years. I look forward to working with Jim Demitrieus, EyeLock's CEO and his team, leveraging our combined resources and expanding our reach with both existing and new distribution partners, enterprises, government agencies, and global technology leaders. This is a major milestone for VOXX and I'm excited about the opportunities this transaction should generate in the coming years." The Company further reiterated that it has expanded on its existing supply chain and distribution relationship with EyeLock and will now play a larger role in the distribution and sale of EyeLock's suite of products. Prior to the transaction, VOXX had served as the exclusive distribution partner of myris to retailers in North America and throughout Europe.
August 31, 2015
09:51 EDTWMTWal-Mart reduces worker hours to cut costs, Bloomberg reports
Subscribe for More Information
August 30, 2015
14:34 EDTSPLSPayPal shares could gain 40% as e-commerce grows, Barron's says
Subscribe for More Information
August 28, 2015
16:53 EDTSPLSStaples, Office Depot certify substantial compliance with Second Request
Staples (SPLS) and Office Depot (ODP) announced that they have certified substantial compliance with the Request for Additional Information from the United States Federal Trade Commission regarding the proposed merger between Staples and Office Depot. Additionally, Staples and Office Depot have entered into a timing agreement with the FTC pursuant to which Staples and Office Depot have agreed not to close the proposed merger until at least forty-five full calendar days after each company has certified substantial compliance with the Second Request. "We are pleased to have completed our submission of documents and information to the FTC in connection with the Second Request," said Ron Sargent, chairman and chief executive officer, Staples. "We will continue to work closely with the FTC, and we look forward to completing the transaction."
August 27, 2015
19:14 EDTCVSExpress Scripts to cover both Repatha, Praluent for now, Bloomberg says
Subscribe for More Information
12:01 EDTSPLSStocks with call strike movement; APA SPLS
Apache (APA) December 15 call option implied volatility decreased 9% to 42, Staples (SPLS) December 15 call option implied volatility decreased 9% to 42 according to iVolatility.
08:32 EDTCVSCVS Health enters into two new clinical affiliations
CVS Health has entered into new clinical affiliations with two health systems, St. Luke's University Health Network in Bethlehem, Pennsylvania and TriHealth in Cincinnati, Ohio. Through these clinical affiliations, CVS Health will provide prescription and visit information to the participating health care organizations.
06:23 EDTWMTWal-Mart extends holiday layaway program two weeks, Reuters reports
Wal-Mart (WMT) plans to boost its holiday layaway program by two weeks ahead of an expected year-end demand for Star Wars toys, a Disney (DIS) property, Reuters reports. The retailer will jumpstart the program on August 28, two weeks earlier than last year, the report says, citing comments from Anne Marie Kehoe, VP of toys at Wal-Mart. Reference Link
August 26, 2015
14:52 EDTWMTWal-Mart phasing out sales of modern sport rifles, Washington Post says
Subscribe for More Information
08:32 EDTCVSCVS Health to partner with telehealth providers to improve patient care
Subscribe for More Information
August 25, 2015
16:01 EDTCVSTarget sees $550M pretax gain after closing CVS transaction
Subscribe for More Information

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