New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 5, 2013
16:49 EDTDELL, MSFT, VMED, LBTYA, YUM, CSC, ACM, BIDU, MHPOn The Fly: Closing Wrap
Stocks on Wall Street were higher as the Dow's third straight session with a triple digit move allowed it to close just shy of the 14K level, while the S&P 500 climbed back above 1,500... ECONOMIC EVENTS: In the U.S., the Institute for Supply Management's index of non-manufacturing activity dipped to 55.2 in January from 55.7 in December, but beat 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 company for $13.65 in cash, or about $24.4B. As had been 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, gained 15c, or 1.13%, to $13.42... Virgin Media (VMED) rose $6.92, or 17.89%, to $45.61 after confirming that it is in discussions with Liberty Global (LBTYA) concerning a possible transaction. CNBC's David Faber reported late in the afternoon that the boards of both companies voted to approve a cash and stock deal that will see Liberty Global take over Virgin Media. Liberty shares lost $1.58, or 2.27%, to $67.88... Yum! Brands (YUM) reported earnings after yesterday's close that were in-line with expectations, but the company reported same-store-sales in China fell 6% in Q4. Shares of Yum! Brands were downgraded at RW Baird and Goldman and slid $1.86, or 2.91%, to $62.08... MAJOR MOVERS: Among the notable gainers was Computer Sciences (CSC), up $3.84, or 9.16%, to $45.75, and AECOM Technology (ACM), up $1.95, or 7.7%, to $27.26 after both companies reported earnings that beat estimates. Among the notable losers was McGraw-Hill (MHP), which followed yesterday's slide with another loss of $5.38, or 10.7%, to close at $44.92 after the DOJ confirmed it is suing Standard & Poor's for alleged fraud in rating mortgage-based securities. Also lower was Baidu (BIDU), which fell $10.83, or 10.1%, to $96.37 after its Q4 report, as shares were downgraded by Stifel Nicolaus and Raymond James with both firms citing increased margin pressure... INDICES: The Dow was up 99.22, or 0.71%, to 13,979.30; the Nasdaq was up 40.41, or 1.29%, to 3,171.58; and the S&P 500 was up 15.58, or 1.04%, to 1,511.29.
News For DELL;MSFT;VMED;LBTYA;YUM;CSC;ACM;BIDU;MHP 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 | all recent news | >>
September 23, 2014
09:37 EDTBIDUActive equity options trading on open
Subscribe for More Information
08:38 EDTMSFTePlus becomes authorized Surface reseller in Microsoft Devices Program
ePlus (PLUS) announced that its subsidiary, ePlus Technology, has joined an exclusive group of partners in the Microsoft Devices Program (MSFT), which allows customers to purchase Surface through authorized resellers. In addition to offering Microsoft's extended warranty and accidental damage, ePlus brings a variety of value-added services to the Surface family, including asset tagging, custom imaging, kitting, onsite service and support, device recycling, and data protection.
07:49 EDTMSFTMicrosoft to launch Xbox One console in China on September 29, Reuters says
Subscribe for More Information
06:00 EDTMSFTFacebook expected to launch new advertising platform, WSJ reports
This week, Facebook (FB) will introduce Atlas, a new advertising platform to improve effectiveness of online ads, the Wall Street Journal reports, citing people familiar with the matter. Atlas is a re-engineered version of the Atlas Advertiser Suite Facebook acquired in 2013 from Microsoft (MSFT). Facebook is looking to challenge Google (GOOG) in the online ad space. Reference Link
September 22, 2014
09:15 EDTMSFTAmazon's Iain Kennedy leaves company for Microsoft, Re/code reports
Subscribe for More Information
08:04 EDTBIDUAltera and Baidu collaborate on FPGA-based acceleration for cloud data centers
Subscribe for More Information
September 21, 2014
12:31 EDTMSFTMicrosoft delays China launch of its Xbox One console, Reuters says
Microsoft announced that it has delayed the launch of its Xbox One game console in China, says Reuters. Microsoft, which has recently faced setbacks in China related to anti-trust probe involving its Windows operating system and Microsoft Office, said that it will launch the Xbox One game console in China by the end of the year, added Reuters. Reference Link
September 19, 2014
16:00 EDTBIDUOptions Update; September 19, 2014
Subscribe for More Information
11:51 EDTMSFTMicrosoft, Intel look to partner with Chinese mobile device makers, Nikkei says
Subscribe for More Information
11:34 EDTMSFTRed Hat falls after Q3 outlook trails consensus
Subscribe for More Information
10:48 EDTMSFTOracle tumbles after Q1 earnings miss estimates, Ellison steps aside as CEO
Subscribe for More Information
09:37 EDTBIDUActive equity options trading on open
Subscribe for More Information
08:53 EDTMSFTMicrosoft CEO to visit China, China Daily says
Microsoft CEO Satya Nadella is set to visit Beijing next week, according to China Daily. Nadella's visit comes as China conducts an anti-trust probe of the tech giant. The CEO is likely to visit high-ranking Chinese officials during his time in the country ,the newspaper added. Reference Link
September 18, 2014
16:00 EDTBIDUOptions Update; September 18, 2014
Subscribe for More Information
13:47 EDTYUMPizza Hut opens first restaurant in Africa, plans to open dozens more
Subscribe for More Information
12:44 EDTMSFTMicrosoft laying off 2,100 employees today, company tells CNBC
12:37 EDTMSFTMicrosoft lays off 2,100 employees, Seattle Times reports
Subscribe for More Information
07:52 EDTYUMPizza Hut testing 30% lower calorie pie, USA Today reports
Subscribe for More Information
07:35 EDTBIDUBaidu volatility low into Alibaba IPO
Baidu September call option implied volatility is at 28, September weekly is at 28, October is at 32, December is at 33; compared to its 26-week average of 38 according to Track Data, suggesting decreasing price movement.
05:34 EDTMSFTInfosys expands partnership with Microsoft
Subscribe for More Information
1 | 2 | 3 | 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