|
|
News Breaks | | | | February 6, 2013 | | 16:56 EDT |  | SFLY, BIOL, DIS, CALX, GME, RS, BIIB, CHRW, TTWO, MUSA, ELN, MSFT | On The Fly: Closing Wrap
Stocks on Wall Street were mixed as the averages moved in a tighter range than they had during the first two trading sessions of the week. A quiet economic calendar, a light news flow and modest trading volume resulted in a quieter day for the market... ECONOMIC EVENTS: In the U.S., the Department of Energy reported that crude supplies grew by 2.62M barrels, roughly in-line with forecasts. In Japan, the governor of its central bank offered to step down three weeks before the end of his term, fueling speculation that accelerated and more aggressive stimulus measures may follow and sparking a 3.8% run-up in the Nikkei average... COMPANY NEWS: Dow component Walt Disney (DIS) opened the session at all time highs after the company's quarterly results beat consensus estimates. Citigroup also raised its price target on Disney stock to $63 from $54, but shares finished off their early highs, up 23c, or 0.42%, to $54.52... Elan (ELN) shares slid $1.06, or 10.13%, to $9.40 after the company agreed to sell its 50% interest in the Tysabri multiple sclerosis drug to Biogen (BIIB) for $3.25B in cash and future royalty payments. Biogen shares rose $3.62, or 2.3%, to $160.98 following the announcement... MAJOR MOVERS: Among the notable gainers was BIOLASE (BIOL), up 55c, or 19.43%, to $3.38 after receiving FDA clearance for a soft tissue laser device. Also higher was Metals USA (MUSA), up $2.35, or 12.84%, to $20.65 after agreeing to be acquired by Reliance Steel (RS) for $20.65 per share. Reliance steel also gained $5.56, or 8.59%, to $70.25 following the news. Among those trading higher after earnings were Shutterfly (SFLY), up $6.81, or 20.27%, to $40.40 and Take-Two Interactive (TTWO), up $1.78, or 14.06%, to $14.44. Among the noteworthy losers was GameStop (GME), down $1.61, or 6.01%, to $25.20 following a report suggesting the next version of Microsoft's (MSFT) Xbox video game system will not allow used games to be resold. Among those trading lower after earnings were C.H. Robinson (CHRW), down $6.51, or 9.71%, to $60.50 and Calix (CALX), down 83c, or 9.75%, to $7.68... INDICES: The Dow was up 7.22, or 0.05%, to 13,986.52; the Nasdaq was down 3.10, or 0.10%, to 3,168.48; and the S&P 500 was up 0.83, or 0.05%, to 1,512.12. | |
|
News For DIS;ELN;BIIB;BIOL;MUSA;RS;SFLY;TTWO;GME;MSFT;CHRW;CALX From The Last 14 Days Check below for free stories on DIS;ELN;BIIB;BIOL;MUSA;RS;SFLY;TTWO;GME;MSFT;CHRW;CALX the last two weeks. |
|
|
| May 24, 2013 | | 15:07 EDT |  | DIS | Yahoo submits bid for Hulu, AllThingsD reports
 Subscribe for More Information | | | 14:07 EDT | | MSFT, GME | Market poised to end week lower following Fed, China data
Subscribe for More Information | | | 13:19 EDT |  | DIS | KKR, Silver Lake to join bidding for Hulu video service, Bloomberg reports
| | | 12:27 EDT | | MSFT | Microsoft to look to sell 25M additional Xbox 360s, The Verge reports
Subscribe for More Information | | | 11:31 EDT |  | GME | Stocks with call strike movement; FSLR GME
Subscribe for More Information | | | 08:56 EDT | | MSFT, GME | Microsoft to receive percentage cut of Xbox One pre-owned sales, MCV says
Subscribe for More Information | | | 07:20 EDT |  | BIIB | Celgene, Gilead, and Biogen could go much higher, says Bernstein
Subscribe for More Information | | | 07:11 EDT | | DIS | Hulu attracts several bidders, Reuters reports
Subscribe for More Information | | | 06:10 EDT | | DIS | On the Fly: Periodicals Wrap-Up
Subscribe for More Information | | | May 23, 2013 | | 17:54 EDT | | MSFT | Google loses bid to block imports of Xbox One, Bloomberg says
The ITC ruled that Microsoft's (MSFT) new Xbox One does not infringe patents held by Google's (GOOG) Motorola Mobility unit, preventing Google from getting imports of Xbox One to the U.S. blocked, reports Bloomberg. Reference Link | | | | 17:11 EDT | | MSFT | Google loses bid to block U.S. imports of Microsoft's Xbox, Bloomberg reports
Subscribe for More Information | | | 16:50 EDT | | GME | GameStop CEO says digital, mobile supplementing decline in console business
Subscribe for More Information | | | 16:17 EDT | | BIOL | Brecken Capital reports 8.39% passive stake in BIOLASE
| | | 14:46 EDT | | MSFT, GME | GameStop reported solid Q1 results but uncertainty remains, says Piper Jaffray
Subscribe for More Information | | | 12:19 EDT |  | CALX | Calix management to meet with Jefferies
Meetings to be held in Boston/Mid-Atlantic on May 28-30 hosted by Jefferies. | | | 11:51 EDT | | GME, MSFT | GameStop says 'lots of rumors' out there about Microsoft Xbox One
GameStop says company, customers excited about Xbox One. | | | 11:41 EDT | | ELN | Elan board rejects Royalty Pharma's revised tender offer
Subscribe for More Information | | | 11:38 EDT | | MSFT, GME | GameStop sees being able to leverage buy/sell/trade model with new consoles
GameStop (GME) says in communication with Microsoft (MSFT) about how used games and resale will be handled in respect to upcoming Xbox One. | | | 11:26 EDT |  | GME | GameStop falls after results, levels to watch
Shares are down over 1.8% at time of writing to $35.58, but that is off earlier lows. At current price the stock is at the mid-point of the trading range for today. Support is at the low of the session so far at $34.80. Resistance is at the session high at $36.79. | | | 11:22 EDT | | GME, MSFT | GameStop believes next-gen consoles will have lower price points than last cycle
Subscribe for More Information | | |
|
|
|
|
|
|
