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Stock Market & Financial Investment News

News Breaks
March 21, 2013
10:46 EDTWAC, COCO, FMC, ORCL, FSYSHigh option volume stocks: COCO FSYS FMC WAC ORCL
News For COCO;FSYS;FMC;WAC;ORCL From The Last 14 Days
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June 17, 2013
19:07 EDTORCLOracle secures judgment against ServiceKey
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16:31 EDTFMCFMC Corporation increases soda ash prices
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11:15 EDTORCLOracle June volatility up into Q4 and outlook for cash return to shareholders
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June 13, 2013
10:05 EDTFMCOn The Fly: Analyst Initiation Summary
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07:03 EDTCOCOSources differ on progress towards student loan deal, Politico says
Congressional leaders are making progress towards a deal that would prevent interest rates on college loans from automatically doubling on July 1, Education Secretary Arne Duncan stated yesterday, according to Politico. However, Capitol Hill sources indicated that the parties are still far from reaching a deal, the website reported. Reference Link
06:17 EDTFMCFMC Corporation initiated with an Outperform at Macquarie
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June 11, 2013
14:02 EDTCOCODepartment of Education outlines gainful employment committee parameters
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13:32 EDTCOCODepartment of Education delays Gainful Employment negotiations, says BMO Capital
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11:17 EDTCOCOFor-profit education stocks slide after Corinthian gets SEC probe
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09:16 EDTCOCOOn The Fly: Pre-market Movers
HIGHER: Dole Food (DOLE), up 21.9% after CEO offers buyout at $12 per share... Questcor (QCOR), up 32% after buying rights to develop Synacthen and Synacthen Depot in the U.S. from Novartis (NVS), upgrade to Buy at CRT Capital... CardioNet (BEAT), up 44% after announcing a three-year national provider agreement with UnitedHealthcare Insurance (UNH)... Catamaran (CTRX), up 13.2% after announcing a ten-year strategic pharmacy benefits deal with Cigna (CI)... Sprint (S), up 2% after Softbank (SFTBF) increases buyout offer terms. Clearwire (CLWR) up 1.2%. LOWER: lululemon (LULU), down 14.9% after reporting earnings, CEO announces plans to step down, stock downgraded at Sterne Agee and UBS... Texas Instruments (TXN), down 2% after narrowing second quarter revenue, earnings forecast ranges... Corinthian Colleges (COCO), down 15.4% after disclosing the receipt of a subpoena from the SEC. Corinthian peer Career Education (CECO) 5.5%... Kinross Gold (KGC), down 5.5% after canceling development project in Ecuador, taking $720M charge, stock downgraded at Canaccord. DOWN AFTER EARNINGS: LDK Solar (LDK), down 8.5%.
07:38 EDTORCLOracle's Hurd has 'no interest' in taking over as Dell CEO, AllThingsD says
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07:15 EDTCOCOCorinthian Colleges volatility elevated into disclosing receipt of SEC subpoena
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June 10, 2013
18:58 EDTCOCOOn The Fly: After Hours Movers
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17:00 EDTCOCOCorinthian Colleges receives subpoena from SEC on June 6
In a regulatory filing, Corinthian Colleges disclosed that on June 6 it received a subpoena from the SEC. In a letter accompanying the subpoena, the SEC stated that it is conducting an investigation of the company. The SEC’s subpoena requests the production of documents and communications that, among other things, relate to student information in the areas of recruitment, attendance, completion, placement, defaults on federal loans and on alternative loans, as well as compliance with U.S. Department of Education financial requirements, standards and ratios (including the effect of certain borrowings under the Company’s credit facility on the company’s composite score, and 90/10 compliance), and other corporate, operational, financial and accounting matters. The company intends to cooperate with the SEC in its investigation
16:59 EDTCOCOCorinthian Colleges trading halted, pending news
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07:17 EDTORCLStorage Networking Industry Association to host conference
Storage Plumbing & Data Engineering Conference is being held in Santa Clara on June 10-12.
June 9, 2013
18:32 EDTORCLCiena, F5 Networks, Oracle, Cisco could benefit from network war, Barron's says
As Internet content and means of distribution expand, Ciena (CIEN), F5 Networks (FFIV), Oracle (ORCL), and Cisco (CSCO) could benefit from the evolution of the network and any battles between telecommunications companies and Internet content providers, Barron's contends in its Technology Trader column. Reference Link
June 8, 2013
17:25 EDTORCLIcahn, Southeastern prepare list of CEO candidates for Dell, Reuters says
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June 7, 2013
08:41 EDTORCLSalesforce.com hiring of former Oracle executive positive, says JMP Securities
After Salesforce.com announced that it had hired the former Oracle (ORCL) executive vice president of North America, Keith Block, JMP Securities says that Block is arguably the best enterprise software sales leader in the world. The firm expects Block to attract many of his "sales disciples" to Salesforce.com. The firm keeps a $49 price target and Outperform rating on the stock.
June 6, 2013
19:23 EDTORCLFormer Oracle exec Block joins Salesforce.com as president
Salesforce.com (CRM) announced that Keith Block has joined the company as president and VP, leading the company's global sales, customer support and consulting services organizations. In addition, Block has been appointed to Salesforce.com's board of directors. Block was most recently executive VP of North America Sales & Consulting at Oracle (ORCL).
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