New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 13, 2013
12:24 EDTCMCSA, GE, PRLB, DDD, XONE, WCG, RATE, RAX, CLFOn The Fly: Midday Wrap
Stocks on Wall Street were mixed at midday following the president's State of the Union address and a report that showed retail sales growth slowed in January. The Dow and S&P have moved back and forth across the flat line while the Nasdaq remained in positive ground throughout the morning, but was well off its early day highs near noon... ECONOMIC EVENTS: In the U.S., retail sales rose 0.1% in January, which was in-line with expectations though down from a 0.5% gain in December. Import prices rose 0.6% during the month, versus expectations for an increase of 0.8%, while Export prices were up 0.3% in January, matching the consensus forecast. Business inventories grew 0.1% in December, versus expectations for a 0.2% increase. Additionally, in his State of the Union address last night, President Obama outlined a mix of old and new proposals intended to jump-start the domestic economy as well as urging Congress to raise the minimum wage to $9 an hour from the existing $7.25. In Europe, Q4 industrial production fell 2.4% from the previous quarter, though production in the euro-zone rose 0.7% on the month in December... COMPANY NEWS: Comcast (CMCSA) announced several important developments late Tuesday and investors reacted favorably, sending its stock up over 4%. The company reported its Q4 results but also announced it will buy General Electricís (GE) remaining 49% equity stake in NBCUniversal for $16.7B, increased its dividend by 20% to 78c per share and said it plans to buy back $2B of its stock in 2013. After the earlier than expected sale of the JV interest, GE said it was raising its share repurchase plan to $35B and accelerating its 2013 share buybacks to about $10B and its shares rose about 3%... MAJOR MOVERS: Among the notable gainers was Proto Labs (PRLB), up 23%, after its better than expected earnings report as well as a positive mention of 3D printing technology by President Obama last night. Shares of publicly traded 3D printer makers moved up as well, including 3D Systems (DDD) and ExOne (XONE). Also higher were shares of WellCare (WCG), which gained 10% after its earnings and revenue both beat consensus expectations. Among the noteworthy losers after earnings reports that sparked analyst downgrades were Bankrate (RATE), down nearly 20% and downgraded at Citi, Rackspace (RAX), down 18% and downgraded at Stifel Nicolaus, and Cliffs Natural (CLF), which was downgraded at Deutsche Bank, Citi and Macquarie and saw shares fall about 19%... INDICES: Near noon, the Dow was down 44.62, or 0.32%, to 13,974.08; the Nasdaq was up 4.55, or 0.14%, to 3,191.04; and the S&P 500 was up 0.30, or 0.02%, to 1,519.73.
News For CMCSA;GE;PRLB;DDD;XONE;WCG;RATE;RAX;CLF From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | all recent news | >>
September 19, 2014
16:25 EDTGEGeneral Electric said in talks with Dresser-Rand on potential deal, FT reports
10:21 EDTDDD3D Systems shares compelling into quarter's end, says Canaccord
Subscribe for More Information
10:10 EDTRATEBankrate management to meet with Topeka
Subscribe for More Information
06:49 EDTWCGGovernment says 7.3M in private Obamacare plans, NY Times reports
Subscribe for More Information
September 18, 2014
10:27 EDTRAXOptions with decreasing implied volatility
Subscribe for More Information
06:52 EDTGEGeneral Electric shares attractive at current levels, says Barclays
Subscribe for More Information
September 17, 2014
17:09 EDTXONENovel Century Ventures reduces passive stake in ExOne to 9.68% from 15.46%
Subscribe for More Information
16:25 EDTRAXOn The Fly: Closing Wrap
Subscribe for More Information
12:22 EDTRAXOn The Fly: Midday Wrap
Subscribe for More Information
11:02 EDTRAXOptions with decreasing implied volatility
Subscribe for More Information
10:13 EDTRAXRackspace sinks after deciding to remain independent
Subscribe for More Information
10:00 EDTGEOn The Fly: Analyst Initiation Summary
Subscribe for More Information
10:00 EDTRAXOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:36 EDTRAXActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL WFM X YHOO TSLA TWTR RAX SHLD SPLS
09:35 EDTRAXRackspace tumbles after it concludes search for buyer, levels to watch
Subscribe for More Information
09:10 EDTRAXOn The Fly: Pre-market Movers
Subscribe for More Information
09:09 EDTRAXRackspace sell-off a buying opportunity, says Credit Suisse
Subscribe for More Information
08:20 EDTRAX, RAXRackspace downgraded to Sell from Underperform at CLSA
Subscribe for More Information
07:39 EDTGEMorningstar to hold a conference
Management Behind the Moat Conference to be held in Chicago on September 17-18.
06:13 EDTRAXRackspace volatility expected to move on remaining independent, ends review
Subscribe for More Information
1 | 2 | 3 | 4 | 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