New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 6, 2013
11:52 EDTCMG, WYNNStocks with call strike movement; CMG WYNN
Chipotle (CMG) September 400 call volatility decreased 4% to 28, Wynn Resorts (WYNN) September 145 call option implied volatility increased 3% to 27 according to iVolatility.
News For CMG;WYNN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 >>
November 20, 2015
16:20 EDTCMGOn The Fly: Top stock stories for Friday
Stocks on Wall Street began the session sharply higher, saw their highs in morning trading, and then slowly bled lower throughout much of the session. The averages still held on to gains, giving them their fourth winning session out of five this week and putting the finishing touch on one of the strongest weekly advances for stocks this year. ECONOMIC EVENTS: In the U.S., no major economic data was released. In Asia, China's Securities Regulatory Commission has restarted initial public offerings for five companies to list on the Shanghai stock exchange and five in Shenzhen, ending a five-month freeze on IPOs. COMPANY NEWS: Shares of Nike (NKE) advanced $6.84, or 5.44%, to $132.62 after the footwear and sports apparel giant announced a two-for-one stock split, a $12B stock repurchase program and plans to boost its dividend... Shares of Chipotle Mexican Grill (CMG) dropped sharply after the Center for Disease Control announced that three additional states have reported people infected within the E. coli outbreak linked to the company's restaurants. 45 people infected with the outbreak strain have now been reported from a total of six states - two in California, two in Minnesota, one in New York, one in Ohio, 13 in Oregon, and 26 in Washington - the CDC said. Chipotle shares closed down $76.52, or 12.5%, to $534.99 after the update. MAJOR MOVERS: Among the notable gainers was Cabela's (CAB), which gained $4.34, or 10.4%, to $46.10 after Bloomberg reported, citing people familiar with the matter, that the sporting goods retailer is receiving takeover interest and considering whether to commence a sales process. Also higher was Sarepta (SRPT), which jumped $7.29, or about 28%, to $33.36 after the FDA posted briefing materials ahead of next week's advisory committee meeting to review the New Drug Application for Kyndrisa, a Duchenne muscular dystrophy treatment under development from competitor BioMarin (BMRN). The committee review scheduled for Sarepta's rival drug, eteplirsen, is scheduled for January. BioMarin shares fell $6.11, or 5.9%, to $97.00 after the documents, which Piper Jaffray analyst Joshua Schimmer said take a "very harsh view" of the drug, were made public. Also lower were shares of Nimble Storage (NMBL), which plunged $10.34, or 50.7%, to $10.05 and was downgraded by at least eleven research firms following the company's significantly weaker than expected Q3 results and outlook. Peer Pure Storage (PSTG), which is scheduled to conduct its first earnings call as a public company in early December, also slid 15.3% to $14.74. INDEXES: The Dow rose 91.06, or 0.5%, to 17,823.81, the Nasdaq gained 31.28, or 0.62%, to 5,104.92, and the S&P 500 advanced 7.93, or 0.38%, to 2,089.17.
15:52 EDTCMGChipotle price target lowered to $750 from $830 at SunTrust
Subscribe for More Information
15:33 EDTCMGChipotle provides update on E. coli investigation
Subscribe for More Information
14:54 EDTCMGChipotle shares plunge, levels to watch
Subscribe for More Information
14:37 EDTCMGChipotle says working closely with officials on E. coli issue, Bloomberg reports
Subscribe for More Information
14:34 EDTCMGChipotle options active after CDC says three states added to E. coli outbreak
Subscribe for More Information
14:27 EDTCMGChipotle drops after CDC says three states added to E.coli outbreak
Three additional states have reported people infected with the outbreak strain of Shiga toxin-producing Escherichia coli O26 infections linked to Chipotle Mexican Grill restaurants, the Center for Disease Control announced. 45 people infected with the outbreak strain of STEC O26 have now been reported from a total of 6 states: two in California, two in Minnesota, one in New York, one in Ohio, thirteen in Oregon, and twenty-six in Washington, the CDC said. Shares of Chipotle are down over 6% to $572.19 in afternoon trading following the CDC's update.
14:23 EDTCMGChipotle falls over 5% following CDC report on E. Coli outbreak
Subscribe for More Information
12:19 EDTWYNNStocks with call strike movement; WYNN GMCR
Wynn Resorts (WYNN) February 70 call option implied volatility decreased 2% to 55, Keurig Green Mountain (GMCR) March 55 call option implied volatility decreased 2% to 54 according to iVolatility.
November 18, 2015
13:05 EDTWYNNLas Vegas Sands, MGM slip after Wynn reports opening delay for Macau casino
Subscribe for More Information
13:00 EDTWYNNWynn drops 4% after delaying opening of Macau casino
12:49 EDTWYNNWynn Resorts says Wynn Palace now expected to open June 25, 2016
Subscribe for More Information
November 17, 2015
10:41 EDTWYNNMacau sees gaming revenue slump continuing, Bloomberg says
Macau's chief executive Fernando Chui is targeting casino revenue of $25B in 2016 about half of what it took in last year, says Bloomberg. Macau's gaming revenue fell for 17th straight month in October as China's economy slows and efforts to curb corruption continue, Bloomberg added. Publicly traded companies in the space include Las Vegas Sands (LVS), MGM Resorts (MGM), Wynn Resorts (WYNN) and Melco Crown (MPEL). Reference Link
08:34 EDTWYNNNAREIT to hold a conference
Subscribe for More Information
November 16, 2015
08:28 EDTCMGChipotle comps likely to fall in Q4, 1Q16, says Bernstein
Subscribe for More Information
07:18 EDTWYNNDeutsche Bank to hold a conference
Subscribe for More Information
November 13, 2015
11:45 EDTCMGEl Pollo LoCo sinks to 52-week low after cutting FY15 same store sales guidance
Shares of quick-service restaurant operator El Pollo LoCo (LOCO) are plunging after the company cut its fiscal 2015 same-store sales outlook and narrowed its fiscal 2015 profit view. WHAT'S NEW: Thursday night after the close, El Pollo LoCo reported third quarter adjusted earnings per share of 18c, beating analysts' consensus estimates of 15c, and revenue of $88.9M, missing the consensus of $90.4M. For the quarter, system wide SSS increased 0.6%, company owned SSS were flat, franchise SSS rose 1.1%, and adjusted EBITDA increased 9.9% to $16.6M. Chief Executive Officer Steve Sather noted that Q3 results represented the company's 17th consecutive quarter of system-wide comparable restaurant sales growth as well as pro forma net income growth of over 40%. He added that the company's new restaurant pipeline was, "strong and growing stronger." GUIDANCE: Looking ahead, El Pollo LoCo cut its FY15 system-wide comparable restaurant sales growth view to approximately 1.7% from 3%. It also lowered its outlook for openings of new company-owned restaurants to 13-15 from 16, and openings of new franchised restaurants to 5 from 8. FY15 adjusted EBTIDA guidance was cut to $64M-$66M from $65M-$67M. Due to the revised assumptions, the company narrowed its FY15 pro forma diluted EPS view to 67c-69c from 67c-71c, compared to the consensus of 68c. ANALYST REACTION: Research firm Baird downgraded El Pollo Loco to Neutral from Outperform to reflect reduced visibility, uncertain comps outlook and possible downward bias to earnings if top-line trends do not improve. Baird lowered its price target to $12 from $18 on El Pollo Loco shares. PRICE ACTION: In late morning trading, El Pollo Loco fell $1.30, or about 11.25%, to $10.22 on nearly four times its average daily trading volume. Earlier in the session, the stock hit a fresh 52-week low of $9.58. Over the past 12 months, the stock is down approximately 70%. OTHERS TO WATCH: Other quick-service restaurants include Fiesta Restaurant (FRGI), down 2.5%, Chipotle Mexican Grill (CMG), down 2.7%, Del Taco (TACO), down 2.15%, Popeyes Louisiana Kitchen (PLKI), down 1.3%, and Bojangles (BOJA), down fractionally.
11:33 EDTCMGStocks with call strike movement; CBS CMG
Subscribe for More Information
10:49 EDTCMGChipotle breaks back below $600 on lower consumer brand perception
Subscribe for More Information
06:36 EDTCMGChipotle hits lowest consumer perception since 2007, CNBC reports
Subscribe for More Information
1 | 2 >>

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