New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 21, 2012
12:33 EDTZLC, DE, STJ, SQNM, CRM, TLYS, SKXOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday in a pre-holiday session marked by little corporate news but a fair amount of economic data. The averages opened quietly after the Labor Department reported a drop in first-time unemployment claims from the prior week, as expected. Among the other economic reports, the consumer confidence reading was slightly lower than expected and the leading economic indicators were slightly above expectations. There was little reaction to any of the reports and volume has been light, which is not surprising... ECONOMIC EVENTS: In the U.S., initial jobless claims fell to 410,000, which was in-line with forecasts. Markit's "flash" November flash PMI rose to 52.4 from 51.0 in October. The final November reading of the University of Michigan Sentiment index slipped to 82.7 from its 84.9 preliminary reading. The leading indicators edged up 0.2% in October to 96.0 from 95.8 in September. In Europe, the region's finance ministers and the IMF were unable to reach a bailout agreement for Greece and will meet again on Monday with an eye on resolving the remaining disagreements. In Asia, Japanese exports fell 6.5% in October, which was worse than expectations of a 4.9% decline... COMPANY NEWS: Salesforce.com's (CRM) Q3 results beat on the top and bottom lines and RW Baird and Wells Fargo reiterated their Outperform ratings on the stock following the report. Shares advanced 8%. Conversely, Deere (DE) shares slumped 4% after its earnings missed expectations, as did its guidance for the coming year... MAJOR MOVERS: Among the notable gainers was Sketchers (SKX), rising 12% after Susquehanna upgraded the stock to Positive from Neutral, citing valuation and product momentum. Also higher were shares of Sequenom (SQNM), up 11% after a committee of the American College of Obstetricians and Gynecologists recommended that cell-free fetal DNA testing be offered to certain at-risk patients. Among the noteworthy losers following their earnings reports were Zale (ZLC), down over 28%, and Tilly's (TLYS), down 17%. Also lower was St. Jude Medical (STJ), which fell 14% after an FDA inspection report cited serious flaws in its oversight of design changes in its Durata line of defibrillator leads... INDICES: Near 12:30 pm ET, the Dow was up 45.14, or 0.35%, to 12,833.65; the Nasdaq was up 7.07, or 0.24%, to 2,923.75; and the S&P 500 was up 2.43, or 0.18%, to 1,390.24.
News For CRM;DE;SKX;SQNM;ZLC;TLYS;STJ 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 | 5 >>
August 20, 2015
16:10 EDTCRMSalesforce CEO says on pace to reach $7B run rate later this year
Subscribe for More Information
16:09 EDTCRMSalesforce sees FY16 operating cash flow growth approximately 24%-25% YoY
Subscribe for More Information
16:07 EDTCRMSalesforce raises FY16 adjusted EPS view to 70c-72c from 69c-71c
Subscribe for More Information
16:06 EDTCRMSalesforce sees Q3 adjusted EPS 18c-19c, consensus 18c
Subscribe for More Information
16:05 EDTCRMSalesforce reports Q2 adjusted EPS 19c, consensus 18c
Subscribe for More Information
15:41 EDTCRMSalesforce August 69 straddle priced for 8.1% movement into Q2
Subscribe for More Information
14:59 EDTDEDeere technical commentary ahead of results
Subscribe for More Information
14:42 EDTDENotable companies reporting before tomorrow's open
Subscribe for More Information
14:42 EDTCRMNotable companies reporting after market close
Subscribe for More Information
14:17 EDTCRMSalesforce technical comments ahead of earnings
Subscribe for More Information
14:05 EDTDEDeere August 92 straddle priced for 3.3% movement into Q3
12:32 EDTCRMEarnings Watch: Salesforce shares up fractionally since last earnings report
Subscribe for More Information
09:25 EDTCRMSalesforce August volatility increases into Q2 and outlook
Salesforce August call option implied volatility is at 116, September is at 45; compared to its 52-week range of 25 to 59, suggesting large price movement into the expected release of Q2 results today.
06:45 EDTSKXSkechers volatility increases as shares near record high
Skechers August call option implied volatility is at 40, September is at 36; compared to its 52-week range of 27 to 58, suggesting non-directional price movement.
05:59 EDTDEDeere implied volatility of 27 at upper end of index
Subscribe for More Information
August 19, 2015
11:56 EDTDEDeere August volatility elevated into Q3 and outlook
Deere August call option implied volatility is at 54, September is at 27; compared to its 52-week range of 14 to 26 suggesting large price movement into the expected release of Q3 results on Aug 21.
08:01 EDTCRMSalesforce outlook has improved, says Oppenheimer
After conducting checks, Oppenheimer is more confident in Salesforce's business momentum. The firm thinks the company's business performed well at the end of Q2, as it closed a large number of big deals. Oppenheimer is upbeat on the outlook for Wave and says that a Fortune 500 company appears to be planning to increase its spending on the Salesforce1 platform. The firm says that the Fortune 500 company's decision has multiple positive implications for Salesforce. It reiterates an Outperform rating on the shares.
06:31 EDTCRMSalesforce commercial business momentum moderating, says Jefferies
Subscribe for More Information
August 18, 2015
10:58 EDTCRMSalesforce August volatility elevated into Q2 and outlook
Salesforce August call option implied volatility is at 96, September is at 44; compared to its 52-week range of 25 to 59, suggesting large price movement into the expected release of Q2 results on Aug 20.
08:01 EDTCRMSalesforce dip post earnings should be bought, says Canaccord
Subscribe for More Information
1 | 2 | 3 | 4 | 5 >>

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