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Stock Market & Financial Investment News

News Breaks
May 10, 2012
12:11 EDTINSP, NWSA, WFR, TSLA, KSS, MNST, CSCO, SGI, WIN, PCLN, SNE, KERX, PANLOn The Fly: Midday Wrap
Stocks on Wall Street were mixed at midday, with the Dow higher in spite of a steep decline in shares of Cisco (CSCO) following its earning report and guidance. Stock futures rallied into positive territory during the pre-market trading session, with the move solidified by the in line jobless claims data and a rally in stock markets in Europe. U.S. equities opened higher but met resistance in the early going. The failure to push through some technical levels saw the market lose some of its steam. The averages have been generally mixed since about an hour into trading, with the Dow and S&P higher and the Nasdaq in negative territory... ECONOMIC EVENTS: In the U.S., 367,000 initial jobless claims were reported, which was basically in line with last week's figure and with consensus estimates. The U.S. trade deficit grew 14.1% to $51.83B in March, versus estimates of $50.0B. U.S. imports grew 5.2%, the biggest gain since January 2011, while U.S. exports rose 2.9% to a record $186.8B. Also, import prices decreased 0.5%, versus the expected decrease of 0.2%. In Europe, the Bank of England left its benchmark interest rate at 0.5%, as expected, and did not increase its plans for asset purchases. In China, foreign trade growth in April disappointed as exports rose only 4.9% from a year earlier, down from 8.9% in March... COMPANY NEWS: Dow component Cisco reported quarterly earnings and revenue that just beat consensus views but forecast earnings in the coming quarter below the Street's expectations. The company's pessimistic view on challenges in Europe and weakness in India resonated with investors and the stock slid nearly 10%... News Corp. (NWSA) shares gained about 5% after the company reported revenue and profit that beat expectations and it raised its stock repurchase program by $5B to $10B... Sony (SNE) projected it will swing back to profit this fiscal year on a recovery in its consumer electronics and component businesses, giving its shares a 1% boost... Among others reporting earnings, advancers included Monster Beverage (MNST) and InfoSpace (INSP); decliners included Priceline.com (PCLN), Kohl's (KSS), Universal Display (PANL) and Windstream (WIN)... MAJOR MOVERS: Among the notable gainers were Tesla Motors (TSLA), up nearly 12%, after it reported quarterly sales and losses that were worse than expected but also increased the low end of its full year revenue guidance, and Keryx Biopharmaceuticals (KERX), up more than 16%, following upgrades to Buy ratings at Ladenburg and Roth Capital, which both cited the company's Zerenex program. Noteworthy losers included Silicon Graphics (SGI), down over 27%, after projecting losses for next quarter and for the year, and MEMC Electronic (WFR), down 20%, following its report of quarterly losses that were steeper than expected... INDICES: Near noon, the Dow was up 26.83, or 0.21%, to 12,861.89; the Nasdaq was down 11.13, or 0.38%, to 2,923.58; and the S&P 500 was up 2.76, or 0.20%, to 1,357.34.
News For CSCO;NWSA;SNE;MNST;INSP;PCLN;KSS;PANL;WIN;TSLA;KERX;SGI;WFR From The Last 14 Days
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May 20, 2015
10:29 EDTKERXOptions with decreasing implied volatility
Options with decreasing implied volatility: ZIOP KING ARIA CTRP WTW VHC XON KERX VIPS JCP
10:16 EDTKERXHigh option volume stocks
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08:53 EDTPANLPangaea Logistics announces long-term contract of affreightment
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08:43 EDTCSCOCisco CFO says business in Europe improved; China, Russia still challenging
Cisco CFO Kelly Kramer spoke on CNBC.
08:41 EDTCSCOCisco CFO sees potential for acquistions in security
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May 19, 2015
14:31 EDTCSCOCovisint expands strategic relationship with Cisco, General Motors
Covisint (COVS) announced that it has reached a definitive agreement with Cisco (CSCO) to use the Covisint platform to power General Motors (GM) OnStar and SupplyPower through 2020. Under the terms of this five-year, non-cancelable contract, GM will materially increase their use of the Covisint platform to support growth in these solutions. This economically favorable transaction is a major milestone in the strategic partnership with Cisco, and a win for General Motors, Cisco and Covisint.
11:59 EDTKERXOptions with decreasing implied volatilit
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09:58 EDTPCLNOn The Fly: Analyst Initiation Summary
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07:43 EDTWINJPMorgan to hold a conference
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07:36 EDTCSCOAutomakers to start V2V car rollouts with spectrum at a premium, WSJ says
General Motors' (GM) upcoming Cadillac CTS is the only car firmly scheduled to launch in the U.S. with vehicle-to-vehicle communications, or V2V, but the industry has promised that V2V will revolutionize safety and Cisco (CSCO) joined automakers earlier this month to brief the FCC on plans to test airwave sharing soon, said The Wall Street Journal. However, cable and telecom companies are pressuring carmakers to give up a part of the airwaves marked for V2V to be available for broader use, the report added. Publicly traded automakers include Fiat Chrysler (FCAU), Ford (F), Honda (HMC), Toyota (TM) and Volkswagen (VLKAY), while cable and telecom companies include Verizon (VZ), AT&T (T), Sprint (S), T-Mobile (TMUS), Comcast (CMCSA), Time Warner Cable (TWC) and Charter (CHTR). Reference Link
06:18 EDTPCLNPriceline initiated with a Neutral at Guggenheim
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05:36 EDTPCLNBooking.com implements new parity provisions in Germany
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May 18, 2015
15:12 EDTTSLAModel S has higher than average rate of door problems, Consumer Reports says
Consumer Reports said the driver-side door handle failed on the $127,000 Tesla Model S P85 D it was testing after just 27 days and just over 2,300 miles of ownership, adding that its car reliability survey showed that the Model S has "far higher than average" rates of such door handle problems. Reference Link
11:45 EDTTSLAStocks with call strike movement; TSLA AAL
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09:36 EDTTSLA, CSCOActive equity options trading on open
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09:04 EDTTSLA, TSLATesla challenges remain in China at CLSA
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May 17, 2015
14:20 EDTWINWindstream shares seem attractive short-term, Barron's says
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May 15, 2015
16:01 EDTCSCO, TSLAOptions Update; May 15, 2015
iPath S&P 500 VIX Short-Term Futures down 20c to 20.06 Option volume leaders: AAPL BAC FB NFLX TWTR BABA CSCO TSLA MU GILD T MSFT AMZN MCD
09:37 EDTTSLAActive equity options trading on open
Active equity options trading on open: AAPL TWTR TSLA NFLX FB
07:42 EDTKSSKohl's decline following results 'excessive,' says UBS
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