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Stock Market & Financial Investment News

News Breaks
January 31, 2014
11:51 EDTCLF, KORSStocks with call strike movement; CLF KORS
Cliffs Natural (CLF) February 21.5 call option implied volatility decreased 3% to 79, Michael Kors (KORS) February weekly 90 call option implied volatility increased 5% to 80 according to IVolatility.
News For CLF;KORS From The Last 14 Days
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April 24, 2014
18:55 EDTCLFOn The Fly: After Hours Movers
NOTABLE: Amazon (AMZN) reported first quarter earnings that were in-line with expectations on revenues that topped estimates. The company also provided second quarter revenue outlook that was in-line with expectations and shares of the online retailer were roughly flat in after hours trade... Starbucks (SBUX) gained 1.6% after reporting profit that in-line with estimates on revenue that was a bit light. The company reaffirmed its fiscal 2014 revenue outlook and said it expects same-store sales growth for 2014 to be in the mid-single digits... Microsoft (MSFT) gained 2.8% after reporting earnings that beat expectations on revenues that were roughly in-line with estimates. The company added that it sold 1.2M Xbox One units during the quarter and said Windows volume licensing revenue grew 11%. UP AFTER EARNINGS: Baidu (BIDU), up 5.5%... Deckers Outdoor (DECK), up 6.3%... Synaptics (SYNA), up 7.8%. ALSO HIGHER: Clean Harbors (CLH), up 7% after Relational Investors reported a 9% stake in the company, adding that it has been in dialogue with the company's management regarding certain actions the fund believes Clean Harbors can take to enhance shareholder value... Under Armour (UA), up 2.5% after it was announced the company will join the S&P 500 as of the close on April 30. DOWN AFTER EARNINGS: Dow member Visa (V) fell 3.5% despite reporting earnings and revenue that topped estimates. The company said it expects earnings per share growth for its fiscal 2014 in the mid-to-high teens... Pandora (P), down 4% after its second quarter outlook disappointed. The streaming internet radio company did, however, raise its fiscal 2014 profit and sales outlooks... Cliffs Natural (CLF), down 4%.
16:40 EDTCLFCliffs Natural reiterates 2014 sales, production volume guidance
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16:39 EDTCLFCliffs Natural reports Q1 EPS (54c), consensus (15c)
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15:26 EDTCLFNotable companies reporting after market close
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April 23, 2014
10:33 EDTKORSKate Spade has more 2014 upside than Michael Kors, says Citigroup
Citigroup in a note to investors earlier today discussed its head-to-head analysis of Kate Spade (KATE) versus Michael Kors (KORS). Citi believes Michael Kors is further along in the maturity curve than Kate Spade and has less upside potential in 2014. The firm views Kate Spade's risk/reward as better and keeps a Buy rating on the stock with a $42 price target. Citi raised its price target for Michael Kors shares to $107 from $104, and keeps a Hold rating on the stock.
April 21, 2014
16:37 EDTKORSLone Pine Capital reports 5.5% passive stake in Michael Kors
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16:14 EDTCLFCliffs Natural says ready to engage with Casablanca
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14:22 EDTCLFCasablanca urges Cliffs Natural to hold shareholder meeting on or before June 4
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April 15, 2014
12:01 EDTKORSMichael Kors announces eyewear license with Luxottica
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09:42 EDTKORSMichael Kors growth story may be showing signs of cracks, Herb Greenberg says
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April 10, 2014
14:26 EDTKORSMichael Kors volatility stays flat on wide price movement
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08:22 EDTCLFCliffs Natural mentioned cautiously by Seeking Alpha contributor
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