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Stock Market & Financial Investment News

News Breaks
March 12, 2012
12:08 EDTMTU, DANG, XOM, PCBC, KUTV, TZYM, ZOLL, RENN, YOKU, TUDO, DISOn The Fly: Mid-Day Wrap
Stocks on Wall Street were mixed at mid-day, with the Dow higher and the Nasdaq lower, but neither by a wide margin. The Dow is being led by the shares of Exxon Mobil (XOM), which are up more than 1.3% despite oil being down more than $1.00 a barrel. The averages have moved in a narrow range in a low-volatility, low-volume session. Investors are looking to tomorrow's FOMC meeting for clues as to any change in the Fed's strategy... ECONOMIC EVENTS: In the U.S., the economic calendar was light today, but will be heavier the rest of the week, with reports due on retail sales, consumer sentiment and small business optimism along with a rate meeting for the FOMC. With little domestic data, investors focused on international news, most notably China's February trade deficit of $31.5B, which was its largest in over 20 years... MARKET NEWS: Disney's (DIS) expensive sci-fi film "John Carter" opened to disappointing domestic grosses, as widely expected... Tudou Holdings (TUDO) jumped almost 150% following its acquisition by Youku.com (YOKU), which also saw its shares rise about 18%. Other Chinese media and tech names also traded higher following the news, with Renren (RENN), Ku6 Media (KUTV), and Dangdang (DANG) among those advancing... MAJOR MOVERS: Among the notable gainers were ZOLL Medical (ZOLL), after agreeing to a $93 per share buyout offer from Asahi Kasei, and Pacific Capital Bancorp (PCBC), which agreed to be acquired for $46 per share by UnionBanCal, a subsidiary of Mitsubishi UFJ Financial (MTU). Noteworthy losers included Tranzyme (TZYM), after saying a Phase 3 trial of one of its drugs failed to meet its endpoints, and Anthera Pharmaceuticals (ANTH), following downgrades at Citigroup and Cowen after one of its trials was halted due to the lack of the drug's efficacy... INDICES: Near noon, the Dow was up 14.15, or 0.11%, to 12,936.17; the Nasdaq was down 11.15, or 0.37%, to 2,977.19; and the S&P 500 was down 3.34, or 0.24%, to 1,367.53.
News For DIS;TUDO;YOKU;RENN;KUTV;DANG;ZOLL;PCBC;MTU;TZYM;XOM From The Last 14 Days
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May 15, 2015
06:44 EDTXOMEnvironmentalists file lawsuit over oil train safety rules, NY Times says
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05:50 EDTYOKUStocks with implied volatility movement; YOKU RIG
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May 14, 2015
14:46 EDTDISDisney CEO Robert Iger reports sale of ~291K shares of stock
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13:28 EDTYOKUIncreasing equity options volume
Increasing equity options volume: FCX UPS KSS CHK CSCO AVP YOKU CALM KORS
May 13, 2015
11:41 EDTDISDisney CFO says gas prices have 'zero bearing' on park attendance
Disney CFO Jay Rasulo is speaking at the MoffettNathanson Media & Communications Summit.
05:38 EDTDISAlibaba announces partnership with Disney
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May 12, 2015
19:02 EDTRENNRenren sees Q2 revenue $15M-$17M, one estimate $26.21M
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19:01 EDTRENNRenren reports unaudited Q1 revenue $13.7M, one estimate $29.72M
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08:31 EDTDISApple likely to launch TV video service this year, says Pacific Crest
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08:04 EDTDISDisney price target raised to $120 from $105 at Deutsche Bank
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06:41 EDTDISTV networks touting digital, targeting technologies to marketers, NY Times says
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May 11, 2015
13:28 EDTXOMOPEC sees oil at around $76 a barrel in 2025, WSJ says
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10:01 EDTXOMExxon Mobil announces Cold Lake project expansion begins production on schedule
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06:33 EDTDISTV networks worried amid tough competition from digital outlets, NY Times says
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May 10, 2015
18:05 EDTDISFCC contract ruling may speed review of AT&T-DirecTV merger, WSJ says
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17:35 EDTDISDisney's 'Avengers: Age Of Ultron' leads U.S. weekend box office with $77.2M
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May 8, 2015
14:56 EDTDANGDangdang volatility elevated into Q1 and outlook
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10:27 EDTDISBill Simmons to leave ESPN, NYT's Sandomir reports
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09:36 EDTDISActive equity options trading on open:
Active equity options trading on open: AAPL BABA FB DIS MSFT TSLA NFLX AMZN BAC
06:56 EDTDISDisney names Leslie Ferraro as president, Disney Consumer Products
Leslie Ferraro has been named President, Disney Consumer Products, effective immediately. Ferraro most recently served as Walt Disney Parks and Resortsí Executive Vice President, Global Marketing, Sales and Travel Operations, where she was responsible for leading the marketing and sales teams in developing numerous highly successful consumer campaigns worldwide. As President of Disney Consumer Products, Ferraro will oversee a global operation that delivers innovative and engaging products, from toys and apparel to books and fine art, through its Licensing, Publishing and Disney Store businesses. Ms. Ferraro assumes the role formerly held by Bob Chapek, who became Chairman, Walt Disney Parks and Resorts in February.
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