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Stock Market & Financial Investment News

News Breaks
December 6, 2012
10:09 EDTBOBE, AFG, CVC, AINV, SYRG, USEG, SARA, ZQK, LGF, CBLI, FIO, CPEOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Callon Petroleum (CPE) initiated with a Buy at Brean Capital... Cleveland BioLabs (CBLI) initiated with an Outperform at Oppenheimer... Crocs (CROX) initiated with an Outperform at Imperial Capital... Fusion-io (FIO) initiated with a Buy at BofA/Merrill... Lions Gate (LGF) initiated with a Neutral at Goldman... Mellanox (MLNX) initiated with a Neutral at UBS... Quiksilver (ZQK) initiated with a Neutral at Goldman... Saratoga Resources (SARA) initiated with a Buy at Brean Capital... Synergy Resources (SYRG) initiated with a Buy at Brean Capital... U.S. Energy (USEG) initiated with a Hold at Brean Capital... Apollo Investment (AINV) initiated with a Market Perform at Raymond James... Cablevision (CVC) initiated with an Outperform at Raymond James... American Financial Group (AFG) initiated with a Buy at Sandler O'Neill... Bob Evans (BOBE) initiated with a Buy at Sidoti.
News For CPE;FIO;CBLI;LGF;ZQK;SARA;USEG;SYRG;AINV;CVC;AFG;BOBE From The Last 14 Days
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July 23, 2014
09:02 EDTFIOSanDisk completes acquisition of Fusion-io
SanDisk Corporation (SNDK), a global leader in flash storage solutions, today announced it has completed the previously announced acquisition of Fusion-io (FIO), a developer of flash-based PCIe hardware and software solutions that enhance application performance in enterprise and hyperscale datacenters. Under the terms of the agreement, SanDisk completed the acquisition for $11.25 per share for the outstanding shares of Fusion-io, and assumed unvested, in-the-money equity awards, for a total aggregate value of approximately $1.1B, net of cash assumed. SanDisk’s third quarter financial results will include the results of Fusion-io from July 23, 2014 through September 28, 2014. SanDisk expects to exclusively use non-captive memory for the Fusion-io business for at least the next several quarters.
08:06 EDTLGFLionsgate partners with Finnish game developer Next Games
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July 21, 2014
11:05 EDTBOBEBob Evans management to meet with Oppenheimer
Meeting to be held in New York on July 23 hosted by Oppenheimer.
July 17, 2014
12:15 EDTFIOSanDisk plummets after Q3 revenue outlook disappoints
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10:00 EDTSYRGOn The Fly: Analyst Initiation Summary
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08:09 EDTSYRGSynergy Resources initiated with an Outperform at FBR Capital
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July 16, 2014
17:48 EDTFIOSanDisk says expects to be 'somewhat supply constrained' in 2H14
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13:44 EDTFIOEarnings Preview: Stifel sees SanDisk results, guidance topping expectations
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09:17 EDTLGFLionsgate extends long-term agreement with Australia's Roadshow Films
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08:03 EDTFIOSanDisk announces expiration of HSR waiting period for Fusion-io purchase
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July 15, 2014
10:38 EDTLGFLionsgate rises after announcing collaboration with Alibaba
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09:21 EDTLGFOn The Fly: Pre-market Movers
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09:02 EDTLGFLionsgate deal with Alibaba positive for shares, says Piper Jaffray
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08:03 EDTCVCPublic speak out on FCC 'net-neutrality' plan, WSJ says
The Federal Communications Commission's has received more than 677K comments so far from the public on its proposed 'net-neutrality' rules for how broadband providers can treat content traveling over their networks and a random sampling of the input suggests that the agency will have work to do to sell the plan, according to The Wall Street Journal. Companies that provide broadband Internet service include Comcast (CMCSA), AT&T (T), Verizon (VZ) Time Warner Cable (TWC), and Cablevision (CVC). Netflix (NFLX) sends a great deal of content over the Internet and strongly supports net neutrality. Reference Link
05:28 EDTLGFLionsgate, Alibaba form strategic collaboration
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July 14, 2014
09:31 EDTLGFAT&T, EPIX reach carriage agreement
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July 11, 2014
07:28 EDTAINVUBS to hold a conference
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July 10, 2014
11:31 EDTLGFLionsgate enters agreement with Pure Flix Entertainment
Lionsgate has entered into an agreement with Pure Flix Entertainment for the home entertainment distribution of God's Not Dead, the two companies announced. Under the agreement, Lionsgate has secured electronic sell-through VOD, SVOD, pay-per-view and television distribution rights in the U.S.
07:54 EDTZQKQuiksilver announces additional licensing agreements
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07:14 EDTCVCAereo seeks to survive as cable system, WSJ says
Following its Supreme Court loss, Aereo is now arguing that it should be classified as a cable system and receive a compulsory license that would give it legal access to content and allow it to continue operating, reported The Wall Street Journal. Television broadcasters that own the copyrights in many of the programs that Aereo streams, including CBS (CBS), Disney (DIS), 21st Century Fox (FOXA), and Comcast (CMCSA), successfully sued the service for copyright infringement. In addition to Comcast, publicly-traded cable companies include Time Warner Cable (TWC), Cablevision (CVC), and Charter (CHTR). Reference Link
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