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Stock Market & Financial Investment News

News Breaks
November 16, 2012
12:50 EDTDVAX, DELL, OMX, SHLD, PENNOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday as meetings in Washington offered hope that a compromise on the fiscal cliff may emerge. The averages began the session slightly higher but quickly crossed back into negative territory. The economic reports released today were generally benign. Investors took some solace from encouraging commentary about compromise coming out of D.C. and the averages all crossed back into positive ground near noon... ECONOMIC EVENTS: In the U.S., industrial production unexpectedly declined 0.4% in October, compared to forecasts for a 0.2% gain, though the Fed said that Superstorm Sandy cut total production by almost 1 percentage point... COMPANY NEWS: Dell (DELL) shares fell 6.5% after its quarterly results missed estimates on both the top and bottom lines and the company called the global demand environment for its core PC business especially "challenging"... MAJOR MOVERS: Among the notable gainers was Penn National (PENN), up 30% after announcing its intent to separate its gaming operating assets and real property assets into two publicly traded companies. Also higher were shares of OfficeMax (OMX), up 20% after Boise Cascade, in which it holds a stake, filed to go public via an initial public offering of stock. Among the noteworthy losers was Dynavax (DVAX), down 46% after an FDA advisory committee voted that there was insufficient data to adequately support the safety of its Heplisav vaccine. Also lower were shares of Sears Holdings (SHLD), down 18% after its quarterly report... INDICES: The Dow was up 40.82, or 0.33%, to 12,583.20; the Nasdaq was up 15.48, or 0.55%, to 2,852.42; and the S&P 500 was up 6.36, or 0.47%, to 1,359.69.
News For DELL;PENN;OMX;DVAX;SHLD From The Last 14 Days
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November 21, 2014
17:25 EDTDVAXAmici Capital reports 7.45% passive stake in Dynavax
November 20, 2014
13:31 EDTPENNDillard's rallies after hedge fund pushes REIT option
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November 18, 2014
07:29 EDTPENNDeutsche Bank to hold a conference
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November 17, 2014
10:06 EDTSHLDSears Canada, JPMorgan Chase announce changes to credit card program
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10:01 EDTSHLDSears introduces 'Reserve It' service
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November 13, 2014
14:05 EDTPENNNew Jersey reports Atlantic City gaming win down 4.4% to $207.23M
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November 10, 2014
17:15 EDTDVAXDynavax files $200M mixed securities shelf
15:43 EDTDELLAmerican Petroleum Institute to hold a conference
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09:08 EDTSHLDSears announces plans for mixed-use development in Aventura
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07:11 EDTSHLDOpen Mobile Media to hold a summit
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07:05 EDTSHLDMarket too upbeat on Sears report, Reuters columnist says
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06:07 EDTDVAXDynavax announces DSMB recommendation to continue HEPLISAV-B Phase 3 study
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