New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 9, 2012
12:26 EDTLGF, KYAK, DIS, STRA, ZIP, GRPN, SCLN, PCLN, JCPOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday as positive economic data in the U.S. and China temporarily distracted investors from worrying over political deadlock getting in the way of progress. The averages opened lower but two economic reports issued near 10 am ET provided a catalyst for a bounce. The averages moved into positive territory ahead of House Speaker John Boehner’s speech on tackling the fiscal cliff crisis and the averages stood near session highs around noon... ECONOMIC EVENTS: In the U.S., import prices rose 0.5% in October from the prior month, versus expectations for them to be flat. Export prices in October were unchanged. The preliminary University of Michigan consumer sentiment reading for November came in at 84.9, versus the expected 82.9. Wholesale inventories were reported to have increased 1.1% in September, versus expectations for an increase of 0.4%. Also, the Congressional Budget Office estimated that going over the fiscal cliff would cut U.S. economic output by about 3%, driving the nation back into recession next year. In Europe, French industrial production fell 2.7% in September from August and the Bank of France warned its economy, Europe’s second-largest, may be poised to tip into recession. In China, factory output rose 9.6% in October from a year earlier, beating expectations, and inflation unexpectedly cooled to the slowest pace in 33 months... COMPANY NEWS: Three well known brand names were down after their companies' quarterly reports: Disney (DIS), J.C. Penney (JCP) and Groupon (GRPN). Disney was the Dow Industrial average's worst performer, falling nearly 6%, after its earnings were in-line with consensus but revenues were lighter and Janney Capital downgraded the stock to a Neutral rating. J.C. Penney shares slid about 6% as well after it reported a worse than expected loss and said same store sales dropped 26.1%, making for its third straight quarter of losses and double digit sales declines. Groupon's stock was hardest hit, plunging 27% in midday trading, after it was downgraded by at least four firms and price targets were lowered at several others following the company's disappointing Q3 results and Q4 guidance... MAJOR MOVERS: Among the notable gainers was Kayak Software (KYAK), which jumped 27% after agreeing to be acquired by Priceline.com (PCLN) in a stock and cash transaction equivalent to $40 per share of Kayak stock. Shares of Priceline advanced fractionally after the deal announcement. Advancers after their earnings reports included Zipcar (ZIP), which jumped over 21%, and Lions Gate Entertainment (LGF), which rose almost 13%. Among the noteworthy losers were SciClone (SCLN), down 24% after cutting its 2012 adjusted earnings view, and Strayer Education (STRA), down 16% after its full-year earnings outlook was well below consensus estimates and the company suspended its dividend... INDICES: Near noon, the Dow was up 65.43, or 0.51%, to 12,876.75; the Nasdaq was up 30.87, or 1.07%, to 2,926.45; and the S&P 500 was up 12.46, or 0.90%, to 1,389.97.
News For DIS;JCP;GRPN;KYAK;PCLN;ZIP;LGF;SCLN;STRA From The Last 14 Days
Check below for free stories on DIS;JCP;GRPN;KYAK;PCLN;ZIP;LGF;SCLN;STRA the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
April 8, 2014
09:04 EDTDISAmazon Instant Video says video streams on Prime Instant Video tripled y/y
Amazon Instant Videoannounced that video streams on Prime Instant Video nearly tripled year over year. According to a report from Qwilt, which tracks growth in online video usage, Amazon (AMZN) has now passed both Apple (AAPL) and Hulu (NWSA, DIS, CMCSA) in streaming video usage.
07:25 EDTDISBook by Pixar president explains growth crisis under Disney, Bloomberg says
"Creativity, Inc," a new book by Pixar's president Ed Catmull, describes three crises the company faced after it was acquired by Disney seven years ago, according to Bloomberg, citing comments from Catmull in his book. Reference Link
07:24 EDTPCLNPriceline.com volatility increases as shares pull back
Subscribe for More Information
06:27 EDTDISMajor movie studios file lawsuit against Megaupload, Engadget reports
The MPAA announced that major movie studios have filed a civil lawsuit against filesharing site megaupload two years after federal investigators shut down the website and filed criminal charges against its founder, reports Engadget. The lawsiut targets the site's Uploader Rewards program with the claim that the business model was "designed to encourage theft." Reference Link
April 7, 2014
14:18 EDTPCLNGoogle licenses booking software from Expedia-backed startup, Bloomberg says
Tech giant Google (GOOG), which has been bolstering its investments in travel, is now licensing hotel-booking software from Room 77, a startup backed by Expedia (EXPE), reported Bloomberg, citing a letter sent to Room 77 shareholders that was obtained by the news service. Other online travel agencies include Priceline Group (PCLN) and Orbitz Worldwide (OWW). Reference Link
12:01 EDTPCLNStocks with call strike movement; ETFC PCLN
Subscribe for More Information
08:19 EDTDIS'Captain America' sequel breaks records with $96.2M debut, LA Times says
Subscribe for More Information
07:45 EDTDISNoble Financial Capital Markets to hold a forum
Subscribe for More Information
06:28 EDTJCPStocks with implied volatility below IV index mean; SWY JCP
Subscribe for More Information
05:49 EDTPCLNStocks with implied volatility movement; ETFC PCLN
Subscribe for More Information
April 4, 2014
14:53 EDTSCLNStonepine Capital reports 5.3% passive stake in SciClone
Subscribe for More Information
11:49 EDTPCLNStocks with call strike movement; MU PCLN
Subscribe for More Information
11:31 EDTJCPStocks with call strike movement; JCP TWTR
Subscribe for More Information
06:07 EDTJCPStocks with implied volatility below IV index mean; JCP PLUG
Subscribe for More Information
April 3, 2014
14:59 EDTDISWalt Disney volatility low into “Captain America: The Winter Soldier”
Walt Disney April weekly call option implied volatility at 20, May is at 22, July is at 20; compared to its 26-week average of 23 according to Track Data, suggesting decreasing price movement into the release “Captain America: The Winter Soldier”.
11:55 EDTJCPStocks with call strike movement; JCP TWTR
Subscribe for More Information
11:14 EDTLGFLionsgate in new, expanded multiyear output pact with Tele Munchen Group
Subscribe for More Information
07:40 EDTSTRAChanos says still short names in for-profit education space
Subscribe for More Information
April 2, 2014
06:40 EDTDISDisney expanded use of new high tech wristbands, NY Times says
Subscribe for More Information
06:18 EDTDISHulu, Comcast expected to strike deal for past NBCU shows, WSJ reports
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