New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 5, 2014
12:38 EDTDDD, SSYS, MRK, GOOG, CVS, MYGN, USNA, BIRTOn The Fly: Midday Wrap
Stocks on Wall Street were mixed at midday after ADP reported that dismal weather in January put a damper on private sector hiring. The market seemed indecisive in the opening 30 minutes of trading, but soon picked up downside momentum. The Nasdaq, which was down more than 1% early in the session, has trimmed its losses and the Dow has moved into positive ground, though just barely. ECONOMIC EVENTS: In the U.S., payroll company ADP reported that 175,000 service jobs were created in January, versus the expectations for 185,000 net new positions to have been added. The ISM services index rose to 54.0 in January from December's 53.0 reading, which was a bit ahead of expectations. COMPANY NEWS: Dow component Merck (MRK) advanced fractionally after the drug company’s quarterly results were generally in-line with expectations and it also announced three clinical collaboration agreements to evaluate its investigational anti-PD-1 immunotherapy… Shares of Google (GOOG) are advancing in a down market after the search giant reached a settlement with European Union regulators over antitrust allegations and research firm Bernstein hiked its price target on the stock to $1,500 from $1,350... CVS Caremark (CVS) announced plans to cease selling all tobacco products, including cigarettes, at all its locations starting October 1. MAJOR MOVERS: Among the notable gainers was multi-level-marketer USANA Health Sciences (USNA), which rose 17% after its results and guidance beat expectations. Also higher were shares of molecular diagnostic company Myriad Genetics (MYGN), which climbed over 11% after the company reported second quarter results that beat consensus expectations, raised its fiscal 2014 outlook, and announced the acquisition of Crescendo Bioscience. Among the noteworthy losers was 3D Systems (DDD), which plunged 16% after the maker of 3D printers and supplies lowered its profit outlook for the current fiscal year and guided to earnings next year below the consensus estimate. A number of 3D Systems’ peers fell as well, with the next biggest company in the sector, Stratasys (SSYS), also declining 3%. Also lower were shares of Actuate (BIRT), which slid about 17% after reporting earnings, announcing the acquisition of German software developer legodo ag and being downgraded at Drexel Hamilton. INDICES: Near midday, the Dow was up 13.12, or 0.08%, to 15,458.36; the Nasdaq was down 13.59, or 0.34%, to 4,017.93; and the S&P 500 was down 2.14, or 0.12%, to 1,753.06.
News For DDD;SSYS;MRK;GOOG;CVS;MYGN;USNA;BIRT From The Last 14 Days
Check below for free stories on DDD;SSYS;MRK;GOOG;CVS;MYGN;USNA;BIRT the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | all recent news | >>
August 8, 2014
06:01 EDTGOOGYahoo to strengthen email encryption for users, Mashable reports
Subscribe for More Information
05:50 EDTSSYSStratasys price target raised to $145 from $125 at Piper Jaffray
Subscribe for More Information
August 7, 2014
17:06 EDTSSYSOn The Fly: Closing Wrap
Stocks on Wall Street began the session in positive territory and appeared ready to build on yesterday’s gains. There was little to point to as a catalyst, but the early move was likely helped by better than expected initial jobless claims data and an agreement to an extended ceasefire by between Gaza and Israel. The market saw its highs shortly after the open and then began to drift lower. By noon each of the major equity indexes had crossed into negative ground and by mid-afternoon the sellers were in control and renewed the selling trend that has been prevalent in recent sessions. ECONOMIC EVENTS: In the U.S., initial jobless claims dropped 14K to 289K in the week ended August 2, versus expectations for 300K new claims. Consumer credit grew by $17.3B in June, versus expectations for it to have increased $18.3B for the month. In Europe, both the European Central Bank and the Bank of England decided to keep their main interest rates unchanged. COMPANY NEWS: 21st Century Fox (FOXA) advanced $1.63, or 5.04%, to $33.96 after the company reported higher than expected fourth quarter earnings and the stock was upgraded to Market Perform from Underperform at Cowen. Chairman and CEO Rupert Murdoch spoke on the company's earnings conference call, which is a bit outside of the recent norm, and said the company's decision to no longer pursue an acquisition of Time Warner (TWX) is "resolute." Chief Operating Officer Chase Carey echoed that the company is "done" as far as Time Warner and added that 21st Century Fox says will not pursue any other content company. MAJOR MOVERS: Among the notable gainers was inContact (SAAS), which gained $1.34, or 17.45%, to $9.02 and was upgraded at Oppenheimer and Benchmark Co. after reporting better than expected Q2 results. Also higher was Stratasys (SSYS), which rose $14.78, or 14.94%, to $113.69 after the company reported stronger than expected second quarter results and raised its guidance. Among the noteworthy losers was Thoratec (THOR), which fell $9.83, or 30.18%, to $22.74 and was downgraded by at least four Street firms following the company's Q2 miss and lowered guidance. Also lower after its earnings report were shares of Coupons.com (COUP), which fell $4.58, or 23.5%, to $14.91. INDEXES: The Dow fell 75.07, or 0.46%, to 16,368.27, the Nasdaq dropped 20.08, or 0.46%, to 4,334.97, and the S&P 500 slipped 10.67, or 0.56%, to 1,909.57.
15:19 EDTCVSCVS Caremark management to meet with FBR Capital
Subscribe for More Information
12:14 EDTSSYS, DDDOn The Fly: Midday Wrap
Subscribe for More Information
11:05 EDTDDD, SSYS3D printer makers advance after Stratasys' beat and raise report
Subscribe for More Information
10:57 EDTSSYSStratasys rallies sharply after results, levels to watch
The stock is up over 20% at time of writing to $118.89. At that price next resistance is at $120.86, the session high, and then at $122.82. Support is at $114.35.
09:08 EDTDDD, SSYSOn The Fly: Pre-market Movers
Subscribe for More Information
07:06 EDTSSYSStratasys ups FY14 EPS view $2.25-$2.35 from $2.15-$2.25, consensus $2.20
Subscribe for More Information
07:03 EDTSSYSStratasys reports Q2 EPS 55c, consensus 45c
Subscribe for More Information
06:36 EDTGOOGGoogle, Barnes & Noble launching same-day book delivery service, NY Times says
Google (GOOG) and Barnes & Noble (BKS) today will begin allowing consumers in three cities to order books carried by Barnes & Noble stores and have them delivered to their homes on the same day, according to The New York Times. Users will order the books on Google Shopping Express, and the service will compete with Amazon, the newspaper stated. Reference Link
06:13 EDTGOOGGoogle to boost encrypted websites in rankings
Subscribe for More Information
August 6, 2014
16:51 EDTBIRTActuate reports Q2 EPS 2c, consensus 3c
Subscribe for More Information
15:39 EDTGOOGYouTube buys mobile-video startup Directr
Subscribe for More Information
13:04 EDTGOOGGoogle acquires mobile messaging application Emu
Google has acquired Emu, Emu announced on its website. "As of August 25, we’ll be shutting down the Emu app. It will no longer be available in the App Store, and existing users won’t be able to send, receive, or download messages." Financial terms of the deal have not been disclosed. Reference Link
11:43 EDTDDDStocks with call strike movement; FSLR DDD
First Solar (FSLR) December 70 call option implied volatility increased 7% to 49, 3D Systems (DDD) November 60 call option implied volatility decreased 3% to 46 according to IVolatility.
09:01 EDTDDD3D Systems acquires Laser Reproductions, details not disclosed
3D Systems announced that it has acquired Laser Reproductions, a provider of advanced manufacturing product development and engineering services, further extending its Quickparts operations in the United States. Details of the transaction were not disclosed. The company welcomes the entire Laser Reproductions team under the continued leadership of Paul Bordner and plans to immediately integrate it into its expanding Quickparts operations.
07:49 EDTGOOGcomScore price target raised to $44 from $40 at Brean Capital
Brean Capital raised its price target on comScore (SCOR) to $44 from $40 as they believe the company is well positioned for an acceleration in fundamentals. The firm expects its recent years of investment to impact their online business as the integration of Yahoo (YHOO) vCE is up and running and Google (GOOG) is expected to be completed by the end of Q3, leading to an acceleration of top line growth. Brean maintains its Buy rating on comScore.
07:47 EDTCVSRetailers pare store openings as shopper visits slide, WSJ says
Subscribe for More Information
06:17 EDTGOOGAlibaba courting Nokia employees on website, WSJ reports
Subscribe for More Information
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