New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 12, 2012
12:25 EDTCSIQ, YGE, CRL, YMI, FSLR, JASO, LDK, PC, DD, SPWR, TSL, ESLR, TEVA, GILD, STPOn 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
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | all recent news | >>
December 10, 2014
12:04 EDTDDUSDA lowers 2014/15 soybean ending stock forecast
Subscribe for More Information
11:57 EDTFSLRStocks with call strike movement; NFX FSLR
Subscribe for More Information
08:31 EDTTEVATeva announces launch of first generic Celebrex capsules in the U.S.
Teva Pharmaceutical Industries (TEVA) announces the launch of the first FDA-approved generic equivalent to Celebrex Capsules in the United States. Teva is offering 50, 100, 200, and 400 mg strengths of Celecoxib Capsules. Celebrex Capsules, marketed by Pfizer (PFE) had annual sales of approximately $2.56B in the United States, according to IMS data as of October 2014.
08:27 EDTDDDuPont to sell DuPont Performance Polymers to Denka Performance Elastomer
Subscribe for More Information
08:05 EDTFSLRFirst Solar announces strategic investment in Clean Energy Collective
Subscribe for More Information
07:56 EDTDDUBS to hold a conference
Agriculture Investor Day is being held in Chicago on December 10.
07:40 EDTDDBofA/Merrill to hold a conference
2014 U.S. Basic Materials Conference is being held in Boston on December 10-11.
December 9, 2014
09:38 EDTGILDActive equity options trading
Subscribe for More Information
08:38 EDTGILDGilead price target raised to $130 from $110 at Argus
Subscribe for More Information
07:44 EDTTEVAAmerican Association for Cancer Research to hold a symposium
Subscribe for More Information
December 8, 2014
16:00 EDTGILDOptions Update; December 8, 2014
Subscribe for More Information
11:30 EDTTEVALeerink generics pharmaceutical analyst holds analyst/industry conference call
Subscribe for More Information
10:02 EDTGILDGilead presents follow-up data from Zydelig registrational studies
Subscribe for More Information
09:04 EDTCSIQCanadian Solar management to meet with JPMorgan
Subscribe for More Information
09:01 EDTJASOJA Solar supplies 100MW of modules to solar farm in Pakistan
Subscribe for More Information
08:21 EDTTEVAMerck says looked at all risks, including patent litgation, before Cubist deal
Subscribe for More Information
06:47 EDTTEVAArena says Teva files marketing authorization of Belviq in Israel
Arena Pharmaceuticals (ARNA) disclosed late Friday that Teva Pharmaceutical's (TEVA) local Israeli subsidiary, Abic Marketing Limited, has filed for marketing authorization of Belviq in Israel. In connection with the filing, Arena will receive a milestone payment of $250K.
06:11 EDTTSLTrina Solar acquires 28% stake in Shuntai Leasing
Trina Solar announced it has entered into a share purchase agreement to acquire a 28% stake in Shuntai Leasing Company Limited. Total registered capital of Shuntai is approximately $50M. Changzhou Hi-tech Jinlong Holdings, a subsidiary of Changzhou Hi-tech Group Co., is the major shareholder of Shuntai. Changzhou Hi-tech Group is one of the largest state-owned companies in Changzhou covering a wide range of businesses including government financing, city development and operation of business enterprises. The group also owns several financing institutions and has raised approximately $5.5B in the past years. Trina Solar has also signed a cooperation agreement with Shuntai to finance the company's downstream projects and solar manufacturing business by leveraging Shuntai's leasing platform.
06:06 EDTCSIQSharp could sell U.S. solar unit to Canadian Solar, Nikkei reports
Sharp (SHCAY) will reportedly sell its U.S.-based solar energy development unit Recurrent Energy to Canadian Solar (CSIQ) for about $250M, The Nikkei said yesterday. Sharp aims to reach a basic agreement Canadian Solar by the end of the month and complete the sale by spring, the report indicated. Reference Link
05:57 EDTYGEYingli Green Energy collaborates to deploy solar power in Thailand
Yingli Green Energy announced that its wholly-owned subsidiary, Yingli Green Energy Singapore, intends to collaborate with Kasikornbank Public, Huawei Technologies and Solventia Solar Energy, to deploy solar power in Thailand, a promising renewable energy market. According to their recently signed Memorandum of Understanding, the companies plan to jointly provide turnkey solar power solutions for both power plants and distributed generation projects throughout the country. Due to Thailand's strong year-round solar irradiation and rising demand for electricity, the Thai government has established a 3 GW target for total solar power capacity by 2021. The country plans to meet at least 20% of its energy demand with renewable resources by 2022.
1 | 2 | 3 | 4 | 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