New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 9, 2012
16:59 EDTDIS, M, AVP, RBGPY, PCS, DF, CQB, MELI, DTEGYOn The Fly: Closing Wrap
Stocks on Wall Street were down for the day. Stock futures were lower in early trading leading to a sharply lower open for the broader market. The weakness was attributed to continuing concern over Europe's debt crisis and political events in Greece. The averages began the day down roughly 1% but began to reverse their course following a report that Europe’s bailout fund will pay the next installment of aid to Greece, which was later confirmed by the EFSF. The averages briefly turned mixed in the afternoon but were unable to make the trip all the way back into the green to break the market's losing streak… ECONOMIC EVENTS: In the U.S., wholesale inventories rose 0.3% in March, versus the expected increase of 0.6%. In Europe, Spanish 10-year bond yields rose above 6% and more reports indicated that efforts to form a new government in Greece were expected to fail, putting the country's bailout deal in doubt and renewing concerns about Greece intentionally exiting or being forced off the euro. However, the EFSF stated that it would approve the latest bailout payment due to Greece in spite of the ongoing political dealings... COMPANY NEWS: Disney (DIS) shares gained nearly 2% after its earnings beat expectations, while Macy's (M) slid almost 4% in spite of earnings that also came in above consensus... Meanwhile, Avon Products' (AVP) shares were up 9.26% after JAB Holdings, which owns Coty, sold a substantial portion of its stake in Reckitt Benckiser (RBGPY) in order "to raise cash for other investment opportunities, including Avon… MAJOR MOVERS: Among the notable gainers were MetroPCS (PCS), up $0.94, or 14.33%, to $7.50, after Bloomberg reported that Deutsche Telekom (DTEGY) was in talks with the company on a potential T-Mobile deal, and Dean Foods (DF), up $1.43, or 11.24%, to $14.15, after reporting a rise in Q1 profits of nearly 50% and raising both the company’s Q2 and FY12 EPS view. Noteworthy losers included Chiquita Brands (CQB), down $2.32, or 28.93% to $5.70, after its earnings fell short of consensus and it warned that it sees 2012 continuing to be "a challenging year," and Mercado Libre (MELI), down $10.91, or 12.40%, to $77.08, after reporting disappointing Q1 revenues... INDICES: The Dow lost $97.03, or 0.75%, to $12,835.06; the Nasdaq fell $11.56, or 0.39%, to $2,934.71; and the S&P 500 dropped $9.14, or 0.67%, to $1,354.58.
News For DIS;M;AVP;RBGPY;PCS;DF;CQB;MELI;DTEGY From The Last 14 Days
Check below for free stories on DIS;M;AVP;RBGPY;PCS;DF;CQB;MELI;DTEGY the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
April 15, 2014
10:10 EDTDISMaker Studios stays with Disney offer, Re/code says
Subscribe for More Information
10:00 EDTDFOn The Fly: Analyst Initiation Summary
Allscripts (MDRX) reinstated with an Outperform at Raymond James... Amber Road (AMBR) initiated with a Buy at Canaccord... Autonation (AN) coverage assumed with a Market Perform at Wells Fargo... BG Group (BRGYY) initiated with an Outperform at BMO Capital... Borderfree (BRDR) initiated with a Buy at Canaccord... Dean Foods (DF) initiated with a Buy at BB&T... Destination XL (DXLG) initiated with a Buy at Ascendiant... Group 1 Automotive (GPI) coverage assumed with a Market Perform at Wells Fargo... Halozyme (HALO) initiated with a Buy at Citigroup... MakeMyTrip (MMYT) initiated with a Neutral at Goldman... Penske Automotive (PAG) coverage assumed with a Market Perform at Wells Fargo... RPM (RPM) initiated with an Outperform at Wells Fargo... RSP Permian (RSPP) initiated with a Buy at KLR Group... Repligen (RGEN) initiated with a Buy at Jefferies... Spansion (CODE) initiated with a Buy at Sterne Agee... Statoil (STO) initiated with a Market Perform at BMO Capital... TPG Specialty Lending (TSLX) initiated with a Buy at BofA/Merrill... Versartis (VSAR) initiated with a Buy at Citigroup... WWE (WWE) initiated with a Buy at Needham... WebMD (WBMD) reinstated with a Strong Buy at Raymond James.
April 14, 2014
17:53 EDTDISMaker Studios stays with Disney offer, Re/code says
Subscribe for More Information
16:49 EDTDFDean Foods initiated with a Buy at BB&T
Subscribe for More Information
13:03 EDTDISRelativity Media looks to outbid Disney for Maker Studios, Bloomberg says
Subscribe for More Information
07:09 EDTDISWalt Disney May volatility elevated into investor day
Subscribe for More Information
06:47 EDTDIS'Captain America' surpasses "Rio 2' in weekend box office, LA Times says
Subscribe for More Information
April 11, 2014
10:38 EDTDISDisney to host investor day
Investor Day to be held on April 17 at 12:30 pm. Webcast Link
09:19 EDTMMacy's management to meet with JPMorgan
Meetings to be held in Boston on April 15-16 hosted by JPMorgan.
April 10, 2014
07:21 EDTDISHulu's head of original programming development to leave company, AdWeek says
Subscribe for More Information
April 9, 2014
14:42 EDTDISHSN and Disney Studios announce multi-film collaboration
Subscribe for More Information
12:27 EDTMELIMercadoLibre acquires real estate website operator, DealBook says
Subscribe for More Information
12:16 EDTDTEGYDeutsche Telekom mulls bid for Telekom Slovenije, Bloomberg reports
Subscribe for More Information
09:20 EDTMBofA/Merrill's retail analysts hold an analyst/industry conference call
Subscribe for More Information
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
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
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
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”.
1 | 2 | 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