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Stock Market & Financial Investment News

News Breaks
February 5, 2013
12:33 EDTDELL, ACI, YUM, ADM, EL, CSC, MHP, LBTYA, VMED, MSFT, BIDUOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday as reports on services companies from around the globe improved the market's tone dramatically from yesterday. The averages moved higher right at the open and extended the gains until the Dow reached the 14K level once again, where it continues to meet resistance... ECONOMIC EVENTS: In the U.S., the day's lone significant economic report showed growth at service companies slowed slightly in January. The Institute for Supply Management's index of non-manufacturing activity dipped to 55.2 in January, which was down from 55.7 in December but above expectations for a reading of 55.0. In Europe, the composite euro-zone services PMI rose to 48.6 in January from a 48.3 reading in the prior month. In China, HSBC's services PMI jumped to 54.0 in January from 51.7 the month before... COMPANY NEWS: Dell's (DELL) expected "go private" deal was officially announced, as private equity firm Silver Lake and Michael Dell agreed to buy the world’s third-largest PC company for $13.65 in cash, or about $24.4B. As widely speculated, the financing for the deal includes a $2B loan from Microsoft (MSFT). Dell shares, which had risen about 22% over the last month amidst the going private chatter, were up another 0.8% to $13.38 following the announcement... Among companies reporting earnings last night and this morning, advancers included CSC (CSC), Estee Lauder (EL), Archer Daniels (ADM), while Yum! Brands (YUM), Arch Coal (ACI), and Baidu (BIDU) declined... MAJOR MOVERS: Among the notable gainers was Virgin Media (VMED), which rose over 16% amid media reports that the company is in talks to be taken over by Liberty Global (LBTYA). Virgin Media confirmed that it is in discussions with Liberty Global concerning a possible transaction, but did not provide any details on the nature of the talks or time frame for an expected resolution. Shares of Liberty Global slid about 3% following Virgin's confirmation. Also lower were shares of McGraw-Hill (MHP), which followed yesterday's nearly 14% slide with another 5% decline after the DOJ confirmed it is suing Standard & Poor's for alleged fraud in rating mortgage-based securities... INDICES: Near noon, the Dow was up 110.24, or 0.79%, to 13,990.32; the Nasdaq was up 32.19, or 1.03%, to 3,163.36; and the S&P 500 was up 13.47, or 0.90%, to 1,509.18.
News For DELL;MSFT;VMED;LBTYA;MHP;CSC;EL;ADM;YUM;ACI;BIDU From The Last 14 Days
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October 15, 2014
06:32 EDTMSFTTablet supply chains expect lagging orders in Q4, DigiTimes reports
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October 14, 2014
12:51 EDTYUMKFC to open first American restaurant in Myanmar next year, Nikkei reports
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11:21 EDTYUMDomino's Pizza rises after Q3 profits benefit from high cheese costs
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11:17 EDTYUMOptions with decreasing implied volatility
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09:37 EDTYUMDomino's Pizza sees potential for additional 3.8K stores in top 15 markets
Says has 'robust' international business. Says its store count growing faster internationally than Pizza Hut or Papa Johns (PZZA). Pizza Hut is owned by Yum! Brands (YUM). Says now offering voice ordering for Apple's (AAPL) iPhone and Google's (GOOG) Android operating systems. Says in terms of the franchise's long-range outlook, sees global net units to increase 4%-6%, sees domestic SSS to increase 2%-4%, sees international SSS to increase 3%-6% and sees global retail sales to increase 6%-10%. Comments taken from the company's Q3 earnings conference call slide presentation.
09:25 EDTMSFTMicrosoft may want to consider split, says BGC Financial
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06:46 EDTMSFTFirm indicates vulnerability in Microsoft Windows used by Russian hackers
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06:32 EDTMSFTMicrosoft says hit 1M registrants to test Windows 10 preview version
Microsoft says on its Windows blog that it hit 1M registrants for the Windows Insider Program to test the preview version of Windows 10. The company says it has received 200,000 items of user feedback. Reference Link
October 13, 2014
16:33 EDTMSFTMicrosoft and Salesforce.com unveil new joint solutions
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16:04 EDTMSFTSkullcandy announces two ASTRO headsets compatible with Xbox One
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13:10 EDTMSFTGoogle's Schmidt says Amazon is company's biggest search rival, FT reports
Eric Schmidt, the executive chairman of Google (GOOG), says Amazon (AMZN) is his company's biggest rival in search, not Bing (MSFT) or Yahoo (YHOO), the Financial Times reports. Schmidt also argued in Berlin that Google should not be regulated "as if it were the gatekeeper of the internet," given the influence of Amazon and Facebook (FB). Reference Link
12:31 EDTADMArcher Daniels to acquire Specialty Commodities for $170M
Archer Daniels Midland Company, or ADM, announced an agreement to purchase Specialty Commodities Inc., or SCI, a leading originator, processor and distributor of healthy ingredients, including nuts, fruits, seeds, legumes and ancient grains, for $170M, subject to post-closing adjustments. When the transaction closes, SCI will become part of ADM’s new WILD Flavors and Specialty Ingredients business unit. ADM anticipates closing the transaction, which is subject to regulatory approval, in the coming weeks.
12:01 EDTYUMOptions with decreasing implied volatility
Options with decreasing implied volatility: EXAS INFY YUM FDO HSY
09:31 EDTACIArch Coal sees Q3 adjusted EBITDA $70M-$74M
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09:09 EDTMSFTMicrosoft Q1 results likely to beat expectations, says Bernstein
Bernstein believes that Microsoft's cloud business continues to grow, and it expects adoption of the company's cloud products to accelerate this quarter. The firm reiterates a $56 price target and Outperform rating on the shares.
07:15 EDTMSFTNational Association of Corporate Directors to hold a conference
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October 10, 2014
12:05 EDTADMUSDA raises U.S. corn production estimate to 14.475B
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11:18 EDTYUMOptions with decreasing implied volatility
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09:38 EDTACIActive equity options trading on open
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06:04 EDTLBTYALiberty obtains competition approval in connection with public offer for Ziggo
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