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Stock Market & Financial Investment News

News Breaks
December 12, 2012
16:45 EDTACMP, PC, DD, CRL, SPW, CHK, NFLX, GDIOn The Fly: Closing Wrap
Stocks on Wall Street were mixed, with only the S&P eking out a gain, after the Federal Reserve announced new quantitative easing plans and set fiscal policy thresholds. The Federal Reserve released the minutes from its December meeting just after noon, and the averages climbed higher on the news, though a broad market sell-off took hold as Fed chairman Ben Bernanke spoke during the last 90 minutes of the trading session. Following the late day selling, the averages went into the close well off their highs, with the Nasdaq serving as the laggard of the group... ECONOMIC EVENTS: In the U.S., import prices fell more than expected and recorded their biggest drop in five months in November, dropping 0.9%. The Federal Reserve announced it would buy $45B of "longer term" Treasury securities per month after its initial program of buying such securities expires along with continuing to reinvest principal payments from its current holdings into agency mortgage-backed securities. Also, the central bank adopted monetary policy thresholds, saying it expects to keep interest rates exceptionally low "at least as long as" unemployment remains above 6.5% and inflation is projected to be no more than 2.5% in about a two-year time frame... COMPANY NEWS: DuPont (DD) shares rose 61c, or 1.4%, to $44.30 after the company said it expects its adjusted EPS to come in at the high end of its previous forecast and also authorized a repurchase program of $1B... Reuters said SPX Corp. (SPW) has offered more than $4B in a takeover bid for Gardner Denver (GDI), which was "well above" rival offers. Shares of Gardner Denver traded sharply higher following the news, rising $3.49, or 5.02%, to $72.98. Shares of SPX lost 78c, or 1.26%, to close at $61.29... MAJOR MOVERS: Among the notable gainers was Panasonic (PC), up 37c, or 7.31%, to $5.43 following an upgrade to Overweight at Barclays. Also higher were shares of Netflix (NFLX), up $4.65, or 5.40%, to $90.73 after Morgan Stanley raised its price target on the stock to $105 from $80. Among the noteworthy losers were shares of Charles River Labs (CRL), down $3.65, or 9.29%, to $35.65 after the company reaffirmed its 2012 guidance and provided guidance for 2013 below Street expectations. Also lower was Access Midstream Partners (ACMP), down $1.88, or 5.52%, to $32.15 after announcing a deal to acquire the midstream assets of Chesapeake Energy (CHK) for $2.16B... INDICES: The Dow was down 2.99, or 0.02%, to 13,245.45; the Nasdaq was down 8.49, or 0.28%, to 3,013.81; and the S&P 500 was up 0.64, or 0.04%, to 1,428.48.
News For DD;GDI;SPW;PC;NFLX;CRL;ACMP;CHK From The Last 14 Days
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March 23, 2015
19:13 EDTCHKOn The Fly: After Hours Movers
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17:23 EDTCHKCarl Icahn reports 10.98% stake in Chesapeake
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16:35 EDTCHKChesapeake lowers FY15 CapEx view to $3.5B-$4B from $4B-$4.5B
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11:21 EDTDDOrigin Agritech shares spike higher after report of possible takeover interest
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09:37 EDTNFLXActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL AUY SLB PFE MCP CELG VRTX SHPG GILD LOGI TSLA TASR NFLX SCTY WFM
06:22 EDTDDDuPont 'strongly recommends' holders to vote the WHITE proxy card
DuPont announced that it has filed definitive proxy materials with the SEC in connection with DuPont's Annual Meeting of Shareholders, which is scheduled to be held on May 13. DuPont shareholders of record as of the close of business on March 17 will be entitled to vote at the Annual Meeting. The DuPont board strongly recommends that shareholders vote on the WHITE proxy card "FOR" all 12 of DuPont's directors. In conjunction with the definitive proxy filing, DuPont is mailing a letter to shareholders detailing the significant progress and accomplishments achieved under the leadership of the DuPont board and management team. The letter also addresses Trian Fund Management's high risk agenda for DuPont to break itself up and add excessive debt to the company, which the DuPont board has carefully reviewed and determined would destroy value.
March 22, 2015
16:22 EDTDDChina looks to develop seed program to fend off foreign competition, WSJ says
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March 20, 2015
16:00 EDTNFLXOptions Update; March 20, 2015
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10:43 EDTCHKStocks with call strike movement; CHK FCX
Chesapeake (CHK) July 16 call option implied volatility increased 2% to 50, Freeport McMoRan (FCX) August 20 call option implied volatility decreased 6% to 47 according to IVolatility.
09:45 EDTNFLXActive equity options trading on open
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09:24 EDTDDOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Ctrip.com (CTRP), up 20.1%... Rally Software (RALY), up 17.3%... Nike (NKE), up 5.2%... Darden Restaurants (DRI), up 4.3%... Cheetah Mobile (CMCM), up 3.6%. ALSO HIGHER: Prothena (PRTA), up 40.2% after reporting positive results from Phase 1 study of PRX002... Viggle (VGGL), up 26.9% after confirming receipt of offer from chairman and CEO Robert Sillerman... Intercept Pharmaceuticals (ICPT), up 8.5% after announcing new data analyses from FLINT trial... Biogen Idec (BIIB), up 9.7% after presenting positive interim results from study of aducanumab... Pier 1 Imports (PIR), up 5.2% after being upgraded to Outperform from Perform at Oppenheimer... JinkoSolar (JKS), up 2.8% after announcing that it will supply 75 MWdc of its PV solar modules to Red Horse 2 project and following a strategic collaboration agreement with DuPont (DD). DuPont is up just under 1%. DOWN AFTER EARNINGS: AK Steel (AKS), down 6.8%... Youku Tudou (YOKU), down 4.9%... Tiffany (TIF), down 3.3%. ALSO LOWER: Macerich (MAC), down 7.7% after Simon makes $95.50 per share "best and final" offer.
07:06 EDTDDJinkoSolar and DuPont sign strategic collaboration agreement
JinkoSolar (JKS) announced that it has signed a strategic collaboration agreement with DuPont (DD), which reflects the companies' interests in furthering the growth and adoption of efficient and reliable solar generated electricity. Areas of potential collaboration include technical development efforts to support continued improvements in the efficiency, durability and reliability of solar cells and panels, including through development and supply of advanced materials including DuPont Solamet PV19x series photovoltaic metallization pastes and DuPont Tedlar polyvinyl fluoride films, as well as co-marketing collaborations aimed at promoting the broader and faster adoption of solar energy to help address the world's growing energy needs.
March 19, 2015
16:01 EDTNFLXOptions Update; March 19, 2015
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11:02 EDTNFLXOptions with increasing implied volatility
Options with increasing implied volatility: HLF RAD NFLX HLSS NOW
10:02 EDTCHKOn The Fly: Analyst Downgrade Summary
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09:37 EDTNFLXActive equity options trading on open
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09:20 EDTCHKOn The Fly: Pre-market Movers
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08:24 EDTCHKChesapeake downgraded at Sterne Agee
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06:20 EDTCHKChesapeake downgraded to Underperform from Neutral at Sterne Agee
05:57 EDTNFLXStocks with implied volatility above IV index mean; BBRY NFLX
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