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Stock Market & Financial Investment News

News Breaks
December 12, 2012
12:25 EDTCRL, YMI, FSLR, JASO, LDK, PC, DD, SPWR, TSL, ESLR, TEVA, GILD, STP, CSIQ, YGEOn The Fly: Midday Wrap
Stocks on Wall Street were mixed at midday as investors wait on the Fed and other Washington powers to set the direction. The averages began the session slightly higher and have remained in a narrow range all morning. However, the day's real action may be yet to come, as investors await the conclusion of the two-day Federal Reserve policy meeting. The rate decision is due out at 12:30 pm ET. And, as always, headlines from Washington regarding the fiscal cliff negotiations are always a threat to swing the market quickly in either direction... 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%. In Europe, the pace of contraction of industrial production in the 17 countries that use the euro accelerated in October, as activity fell 3.6% from a year ago compared to a contraction of 2.8% in September... COMPANY NEWS: DuPont (DD) shares rose 2% 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... A number of solar stocks moved up sharply amid numerous headlines from Chinese and Taiwanese media sources. Reports said China plans additional subsidies for solar companies there and also some China-based makers may sell solar cell equipment to Taiwan. A number of solar names moved higher, including Yingli Green Energy (YGE), up 20%, Trina Solar (TSL), also up 20%, and JA Solar (JASO), up 22%. Additionally, LDK Solar (LDK), which rose 27%, announced it has entered into discussions with certain creditors to obtain additional flexibility as it continues to work to address its previously disclosed liquidity and working capital concerns... MAJOR MOVERS: Among the notable gainers was Panasonic (PC), up almost 8% following an upgrade to Overweight at Barclays. Also higher were shares of YM BioSciences (YMI), up 77% after agreeing to be acquired by Gilead Sciences (GILD) for $2.95 per share in cash. Gilead shares, meanwhile, moved up 10c, or 0.13%. Among the noteworthy losers was Charles River Labs (CRL) down 8% after reaffirming its 2012 guidance and giving guidance for 2013 below Street expectations. Also lower were shares of Teva Pharmaceutical (TEVA), down 4.7% after Leerink downgraded the stock to Market Perform and Wells Fargo removed it from the firm's Priority Stock List... INDICES: Near noon, the Dow was up 8.25, or 0.06%, to 13,256.69; the Nasdaq was down 2.71, or 0.09%, to 3,019.59; and the S&P 500 was up 2.37, or 0.17%, to 1,430.21.
News For DD;YMI;GILD;PC;CRL;TEVA;LDK;YGE;ESLR;JASO;CSIQ;TSL;FSLR;STP;SPWR From The Last 14 Days
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May 20, 2015
06:08 EDTDDStocks with implied volatility below IV index mean; DD GE
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05:28 EDTYGEYingli Green Energy responds to media coverage of its ability as going concern
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May 19, 2015
12:58 EDTDDIcahn 'sad' Peltz didn't win proxy fight, DuPont should have 'accountability
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10:09 EDTGILDGilead CFO says 'really excited' about options to grow beyond 2018
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09:30 EDTJASOJA Solar downgraded to Underperform from Peer Perform at Wolfe Research
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08:52 EDTCSIQConcerns over Canadian Solar 'just near-term noise' says Roth Capital
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08:47 EDTYGEYingli Green Energy seeks strategic investor, Bloomberg reports
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08:43 EDTJASOJA Solar poised to benefit from strong solar ramp in 2H15, says RBC Capital
After JA Solar reported lower than expected Q1 shipments and the stock fell, RBC Capital says that JA Solar is well-positioned to benefit from an expected ramp in solar power demand in 2H15. The firm keeps a $13 price target and Outperform rating on the shares.
07:56 EDTGILDGilead for Achillion rumor not ridiculous, but highly unlikely, TheStreet says
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07:28 EDTGILDUBS to hold a conference
Global Healthcare Conference is being held in New York on May 18-20 with webcasted company presentations to begin on May 19 at 8 am; not all company presentations may be webcasted. Webcast Link
06:08 EDTTEVAPerrigo CEO says would talk with Mylan, but at a higher price, Globes reports
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May 18, 2015
19:43 EDTGILDAnthem Blue Cross sued for limiting Harvoni usage, LA Times says
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16:16 EDTGILDGilead confirms plans to present tomorrow at UBS conference, Feuerstein reports
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14:42 EDTGILDAchillion rises as conference cancellation adds fuel to M&A speculation
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09:36 EDTGILDActive equity options trading on open
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07:17 EDTJASOJA Solar sees FY15 shipments 3.6 GW-4 GW
07:17 EDTJASOJA Solar sees Q2 shipments 680 MW-720 MW
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07:16 EDTJASOJA Solar reports Q1 EPS 13c, consensus 6c
Reports Q1 revenue $387.7M, consensus $410.14M.
07:02 EDTCSIQCanadian Solar receives $44.4M non-recourse construction loan
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05:13 EDTCSIQCanadian Solar to host investor day
Investor Day to be held in New York on May 18 at 9 am. Webcast Link
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