New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 30, 2012
16:24 EDTZLC, CG, FSLR, VR, DD, CIEN, FSROn The Fly: Closing Wrap
Stocks on Wall Street were lower in another day of sluggish trading prior to the holiday weekend. Stock futures were negative in early trading, leading to a lower open for the broader market. The market generally ignored the flat economic reports, including the personal spending and income reports and the jobless claims data. The averages remained in a narrow range for the first hour of trading but then moved another leg lower, where they remained for most of the session, before another downdraft into the close. The news flow was light, as was the volume, as investors have not traded with great conviction this week ahead of Labor Day... ECONOMIC EVENTS: Domestically, 374,000 initial jobless claims were reported, versus the expected 370,000. Personal income rose 0.3% during the month of July, which matched expectations, while personal spending was up 0.4%, versus expectations for an increase of 0.5%... COMPANY NEWS: DuPont (DD) agreed to sell its Performance Coatings business to Carlyle Group (CG) for $4.9B... MAJOR MOVERS: Among the notable gainers were Flagstone Reinsurance (FSR), up $1.54, or 21.81%, to $8.60, after agreeing to be acquired by Validus (VR) in a cash and stock deal, and Zale (ZLC), up 70c, or 16.17%, to $5.03, as it was upgraded to a Buy rating at Northcoast and continued yesterday's move higher after earnings. Noteworthy losers included Ciena (CIEN), down $3.26, or 19.50%, to $13.46, following its disappointing Q3 results and Q4 guidance, and First Solar (FSLR), down $4.50, or 18.60%, to $19.70, though Avian said the sell-off in shares related to a Bloomberg story about a halt of panel deliveries at the Agua Caliente project was overdone since the information was not new... INDICES: The Dow lost 106.77, or 0.81%, to 13,000.71; the Nasdaq fell 32.48, or 1.05%, to 3,048.71; and the S&P 500 dropped 11.01, or 0.78%, to 1,399.48.
News For DD;CG;FSR;VR;ZLC;CIEN;FSLR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
July 28, 2015
06:51 EDTDDDuPont sees FY15 Nutrition & Health revenue mid-single digits percent lower
Subscribe for More Information
06:50 EDTDDDuPont sees Q3 Nutrition & Health revenue down mid-single digits percent
Subscribe for More Information
06:48 EDTDDDuPont sees FY15 E&C revenue down high-single digits pecent
Subscribe for More Information
06:47 EDTDDDuPont sees Q3 Electronics & Communications revenue down low-teens percent
Subscribe for More Information
06:31 EDTDDDuPont sees FY15 Performance Materials revenue down about 10%
Sees FY15 Performance Materials sales down about 10% due primarily to currency, portfolio changes, and lower ethylene prices. Operating earnings down mid-single digits percent as volume growth is more than offset by the negative impacts from currency and portfolio.
06:30 EDTDDDuPont sees FY15 revenue mid-to-high single digits
DuPont sees FY15 net sales down mid-to-high single digits due to impact of currency, portfolio changes, and a challenging Agriculture environment. Sees FY15 base tax rate 22%. Sees FY15 CapEx, ex-performance chemicals about $1.5B.
06:30 EDTDDDuPont sees Q3 Performance Materials revenue down about 10%
Subscribe for More Information
06:21 EDTDDDuPont lowers Q3 dividend to 38c per share from 49c per share
Subscribe for More Information
06:04 EDTDDDuPont sees FY15 EPS about $3.10, consensus $3.54
Subscribe for More Information
06:02 EDTDDDuPont reports Q2 EPS $1.18, consensus $1.18
Reports Q2 revenue $8.6B, consensus $8.75B.
July 27, 2015
17:07 EDTFSLRSunPower acquires 1.5 gigawatt U.S. solar power plant pipeline
Subscribe for More Information
15:38 EDTDDTrian's Peltz still looking to replace DuPont CEO, Charles Gasparino says
Subscribe for More Information
15:03 EDTDDNotable companies reporting before tomorrow's open
Subscribe for More Information
08:41 EDTDDDuPont price target lowered to $67 from $88 at Susquehanna
Susquehanna lowered its price target on DuPont (DD) to $67 from $88 following the separation of Chemours (CC). Susquehanna maintained its Positive rating on DuPont shares.
July 26, 2015
20:47 EDTCGZegona nears EUR650M deal for Telecable, Sky News says
Zegona is nearing a deal to buy Carlyle Group's Telecable for about EUR650M, Sky News reported Saturday, citing sources. A deal could be announced as soon as Monday, said the sources. Reference Link
July 24, 2015
11:01 EDTFSLRSolarCity rises after analyst says second half outlook strong
Subscribe for More Information
July 23, 2015
06:09 EDTDDColfax names Matthew Trerotola CEO
Subscribe for More Information
July 22, 2015
10:01 EDTCIENOn The Fly: Analyst Initiation Summary
Subscribe for More Information
05:19 EDTCIENCiena initiated with a Buy at B. Riley
Subscribe for More Information
July 20, 2015
14:41 EDTCGThoma Bravo, Blackstone competing for NCR with final bids due, dealReporter says
Subscribe for More Information
1 | 2 | all recent news | >>

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