New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 12, 2013
19:09 EDTCMCSA, NTGR, TVL, TRLA, AVEO, CLF, SAPE, GE, RAX, MCO, RPXCOn The Fly: After Hours Movers
HIGHER: Comcast (CMCSA), up 6.2% after announcing it would acquire the remaining 49% stake in its NBCUniversal joint venture with General Electric (GE) it does not already own for $16.7B. Comcast also announced it would acquire $1.4B in property assets from GE, raised its dividend, and reported Q4 results that were in-line with Street estimates. Shares of GE were up 3.3% following the announcement, as GE also announced an increase in its share buyback program to $35B... UP AFTER EARNINGS: Trulia (TRLA), up 12.7%... RPX Corp (RPXC), up 12.2%... Sapient (SAPE), up 3.3%... ALSO HIGHER: LIN TV (TVL), up 5% after saying it will recognize a taxable gain of $715.5M following a transaction for a subsidiary of the company to exit a joint venture with NBC following the Comcast, GE transaction... Moody's (MCO), up 2.4% after announcing a $1B increase in its share repurchase authorization... DOWN AFTER EARNINGS: Cliffs Natural (CLF), down 9.6% after its Q4 report and announcing a cut in its dividend... NetGear (NTGR), down 6.8%... Rackspace (RAX), down 9.5%... ALSO LOWER: Aveo (AVEO), down 6.2% after announcing overall survival results from its TIVO-1 study.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 >>
November 24, 2015
16:00 EDTGEOptions Update; November 24, 2015
iPath S&P 500 VIX Short-Term Futures up 13c to 19.04, Option volume leaders: AAPL FB NFLX BAC PFE AMZN CHK TWTR GE SUNE DE AGN AAL MSFT INTC X BABA A
15:40 EDTCMCSADoJ probing Comcast's activities in cable ad sales market, WSJ says
Subscribe for More Information
13:16 EDTCMCSAComcast says will cooperate fully with DOJ inquiry, Bloomberg reports
Subscribe for More Information
12:54 EDTGEDILON Diagnostics and GE Healthcare sign global distribution agreement
Subscribe for More Information
12:48 EDTCMCSAComcast role in 'spot' cable ad sales market probed by DoJ, Dow Jones says
The U.S. Justice Department is investigating whether Comcast hinders competition in cable ad sales, Dow Jones added.
08:29 EDTRAX, RAXRackspace price target lowered to $23 from $27 at CLSA
Subscribe for More Information
06:02 EDTGEBNP Paribas among companies interested in GE unit, Reuters reports
BNP Paribas (BNPQY), La Banque Postale and CM-CIC are said to be interested in buying the European factoring division of General Electric (GE), Reuters reports, citing a report from Les Echos. According to Les Echos, firms offers for the unit, which could value the business at EUR700M-EUR1B, are expected today. BNP Paribas is said to be interested in the business in France and Germany, the report says. Reference Link
November 23, 2015
16:02 EDTGEOptions Update; November 23, 2015
Subscribe for More Information
12:26 EDTGECredit Suisse removes General Electric from focus list after recent run-up
Shares of global industrial giant General Electric (GE) are lower in afternoon trading after Credit Suisse's Investment Policy Committee removed the company's shares from the U.S. Focus List. WHAT'S NEW: In a note to investors this morning, Credit Suisse analyst Julian Mitchel and team noted that the firm's Investment Policy Committee removed GE shares from the U.S. focus list after the recent upward move in shares. The firm, which added GE shares to its Focus List on September 16, said the catalysts that it highlighted at that time are now largely reflected in the share price. WHAT'S NOTABLE: Although it removed GE from its U.S. and Global Focus lists, Credit Suisse maintained its Overweight rating on shares and increased its price target to $34 from $31. The firm sees GE as just starting to accelerate measures to drive up its gross margins, whereas its sector peers have already been splitting, spinning off or selling assets to enhance their profit margins higher for years. With GE selling most of its capital intensive and low-to-no growth Capital business while redirecting capital to higher growth and higher margin industrial business, Credit Suisse said shares deserve a higher premium than its peers Honeywell (HON) and United Technologies (UTX). PRICE ACTION: Shares of General Electric are down 0.65% to $30.46 in midday trading.
09:39 EDTGEActive equity options trading on open
Subscribe for More Information
07:16 EDTGEGeneral Electric removed from the U.S. Focus List at Credit Suisse
Subscribe for More Information
07:11 EDTGEGE to sell U.K. Home Lending Portfolio to Blackstone, TSSP, and CarVal
Subscribe for More Information
November 20, 2015
11:45 EDTCMCSABox Office Battle: 'Hunger Games' finale expected to top box office
Lions Gate's (LGF) "The Hunger Games: Mockingjay - Part 2," the final movie based on the dystopian young adult novels, is opening this weekend at 4,175 theaters and is expecting a domestic gross in the range of $120M-$127M. Piper Jaffray analyst James Marsh said in a note to investors on November 18 that he expects the film to open domestically in the $130M range, above where it is tracking, due to limited competition and the addition of IMAX (IMAX) screens. Piper maintained its Overweight rating and $45 price target on Lions Gate shares at that time. "The Hunger Games" main competition is "Spectre" and "The Peanuts Movie," both of which are in their third weekend of release. Sony's (SNE) "Spectre," starring Daniel Craig as James Bond, is expected to earn another $15.2M-$16.8M. Fox's (FOX, FOXA) G-rated family film, starring a 3D-animated Charlie Brown, is predicted to earn an additional $12.5M-$13.2M. In other box office news, the Wall Street Journal reported that Disney's (DIS) "Star Wars: The Force Awakens," which hits theaters on December 18, has had record-breaking pre-sales. Fandango said the film has already sold more tickets than any other movie before its release, which is still four weeks away, and IMAX said the movie has "doubled" its prior pre-sales record of about $9M. Other publicly traded companies involved in filmmaking include Comcast (CMCSA, CMCSK), Time Warner (TWX), and Viacom (VIA, VIAB).
07:30 EDTGEUBS to hold a conference
Industrials & Transportation Conference is being held in Boca Raton, FL on November 18-20 with webcasted company presentations to begin on November 20 at 8 am; not all company presentations may be webcasted. Webcast Link
07:16 EDTGEGE announces final Synchrony exchange offer results
GE (GE) announced the final results of its completed offer to exchange GE common stock for common stock of Synchrony Financial (SYF) previously owned by GE, which expired at 12:00 midnight, New York City time, on November 16, 2015. Because the exchange offer was oversubscribed, GE accepted only a portion of the shares of its common stock that were validly tendered and not validly withdrawn, on a pro rata basis in proportion to the number of shares tendered. All shares validly tendered and not validly withdrawn by eligible odd-lot shareholders who requested not to be subject to proration have been accepted. The final proration factor of 31.2870888% was applied to all other shares of GE common stock that were validly tendered and not validly withdrawn to determine the number of such shares that have been accepted from each tendering shareholder. Based on the final count by the exchange agent, Computershare Trust Company, N.A., the final results of the exchange offer are as follows: 31.2870888% of the tendered shares of GE common stock subject to proration exchanged; shares tendered that were subject to proration: 2,143,371,163; odd-lot shares tendered that were not subject to proration: 768,324; total number of shares of GE common stock accepted: 671,366,809.
November 19, 2015
16:00 EDTGEOptions Update; November 19, 2015
Subscribe for More Information
12:52 EDTRAXRackspace should benefit from Goole Cloud Platform, says Stifel
Stifel analyst Matthew S. Heinz said Google Cloud comments appear to be misunderstood and not a bad thing for Rackspace. Heinz believes it is likely Rackspace will eventually add Google Cloud Platform to its list of iaaS support partners given its existing partnership with Google around its Apps for Work platform. The analyst rates Rackspace a Buy with a $42 price target on shares.
07:12 EDTGECanadian Solar subsidiary closes financing for 100MW Astoria solar power project
Subscribe for More Information
November 18, 2015
08:10 EDTGEGE's Power Services reports first GT13E2 MXL2 gas turbine upgrade order in Asia
Subscribe for More Information
06:16 EDTCMCSAComcast dumps YES Network, WSJ reports
Subscribe for More Information
1 | 2 | 3 >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use