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Stock Market & Financial Investment News

News Breaks
February 22, 2012
17:00 EDTATRI, HSTM, GRMN, CETV, MGM, CHS, FIRE, TOL, DELLOn The Fly: Closing Wrap
Stocks on Wall Street were lower, as the market took a breather from its steady move higher so far this year. The open was slightly lower following a weak pre-market session by the futures. The weakness was attributed to concerns over whether Greece could adhere to its austerity measures over the medium term, as well as disappointing manufacturing data from Europe and China. The market moved to its lowest levels of the session near mid-day, following statements by the Obama administration that corporate tax rates would be reduced but that interest would be taxed as ordinary income. The market quickly found a level where it sat for a couple of hours before moving back towards the flat line. There was little in the way of catalysts to move the buyers off the sidelines, as the domestic economic calendar remained quiet and there were few headlines of note from Europe... ECONOMIC EVENTS: Domestically, existing home sales rose by 4.3% in January, but the prior month's growth rate was revised lower. The resulting annual sales rate of 4.57M homes sold was down slightly from the annual rate of 4.61M reported a month ago. Also of note was a proposal from the Obama administration to cut the maximum U.S. corporate tax rate to 28% from 35% while eliminating many existing tax loopholes. Internationally, a euro zone composite PMI and a separate Chinese PMI reading both came in at 49.7, indicating contraction... MARKET NEWS: Dell (DELL) fell about 6% in heavy trading as it was downgraded to Neutral from Buy at Citigroup following its Q4 report. Citi cited weakening prospects for additional margin expansion and lowered its price target in the name to $19 from $20... Among others reporting earnings, winners included Chico's FAS (CHS) and Garmin (GRMN); losers included Toll Brothers (TOL) and MGM Resorts (MGM)... MAJOR MOVERS: Notable gainers included Healthstream (HSTM), up $5.21, or 30.05%, to $22.55, and SourceFire (FIRE), up $9.36, or 26.13%, to $45.18, following their earnings reports. Noteworthy losers included Central Euro Media (CETV), down $1.55, or 18.24%, to $6.95, and Newfield Exploration (NFX), down $5.37, or 12.71%, to $36.88, after disappointing quarterly results... INDICES: The Dow fell 27.02, or 0.21%, to 12,938.67; the Nasdaq slid 15.40, or 0.52%, to 2,933.17; and the S&P 500 dropped 4.55, or 0.33%, to 1,357.66.
News For DELL;CHS;GRMN;TOL;MGM;HSTM;FIRE;CETV;ATRI From The Last 14 Days
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April 27, 2015
09:35 EDTMGMLand and buildings calls for MGM to eliminate Dead Hand Proxy Put provision
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09:21 EDTDELLDell to resell Aerohive’s solutions worldwide
Aerohive Networks announced that Dell will resell Aerohive’s solutions worldwide, offering Dell’s customers the combination of Aerohive’s Wi-Fi and cloud services, and Dell’s set of solutions from the data center all the way to endpoint devices. Under the agreement and relationship announced Dell is reselling Aerohive’s award-winning cloud-managed Wi-Fi solutions alongside other Dell products
07:13 EDTDELLUBM Tech to hold a conference
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April 20, 2015
16:36 EDTHSTMHealthstream sees FY15 operating income down 25%-35%, consensus 32c
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16:33 EDTHSTMHealthstream reports approximately 4.27M total subscribers as of March 31
At March 31, the company had approximately 4.27M total subscribers implemented to use and 4.426M total subscribers contracted to use its subscription-based solutions. “Contracted subscribers” include both those already implemented and those under contract that are in the process of implementation. Revenue recognition commences when a contract is fully implemented.
16:31 EDTHSTMHealthstream reports Q1 EPS 10c, consensus 7c
Reports Q1 revenue $47.2M, consensus $45.62M.
15:37 EDTHSTMNotable companies reporting after market close
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April 14, 2015
14:05 EDTMGMNJ Gaming reports March total Win $203.9M vs. $199.3M a year ago
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