New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 6, 2013
12:24 EDTMSFT, GME, BIIB, ELN, RS, MUSA, BIOL, CFX, CHRW, AFL, SFLY, ZNGA, RL, TWX, DISOn The Fly: Midday Wrap
The Wall Street averages were nearly unchanged at midday in a session of relative calm and consolidation following three straight days in which the Dow experienced triple digit moves... ECONOMIC EVENTS: In the U.S. the economic calendar was light, though the Department of Energy did report 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. In Europe, German industrial orders climbed 0.8% in December as demand from the euro zone rebounded... COMPANY NEWS: Dow component Walt Disney (DIS) rose 1% after reporting quarterly earnings and revenue that beat analyst estimates. Among others reporting last night and this morning, Time Warner (TWX), Ralph Lauren (RL), Zynga (ZNGA) and Shutterfly (SFLY) advanced, while Aflac (AFL), C.H. Robinson (CHRW) and Colfax (CFX) declined... MAJOR MOVERS: Among the notable gainers were BIOLASE (BIOL), which rose 31% after receiving FDA clearance for a soft tissue laser device, and Metals USA (MUSA), which gained 13% after agreeing to be acquired by Reliance Steel (RS) for $20.65 per share. Among the noteworthy losers was Elan (ELN), which fell 9% after agreeing to sell its 50% interest in the Tysabri MS drug to Biogen (BIIB) for $3.25B in cash and future royalty payments. Also lower were shares of GameStop (GME), which slid nearly 7% following a report suggesting the next version of Microsoft's (MSFT) Xbox system will not allow used games to be resold... INDICES: Near noon, the Dow was down 2.26, or 0.02%, to 13,977.04; the Nasdaq was up 2.39, or 0.08%, to 3,173.97; and the S&P 500 was up 0.92, or 0.06%, to 1,512.21.
News For DIS;TWX;RL;ZNGA;SFLY;AFL;CHRW;CFX;BIOL;MUSA;RS;ELN;BIIB;GME;MSFT From The Last 14 Days
Check below for free stories on DIS;TWX;RL;ZNGA;SFLY;AFL;CHRW;CFX;BIOL;MUSA;RS;ELN;BIIB;GME;MSFT the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | all recent news | >>
September 9, 2014
18:38 EDTMSFTMicrosoft in serious talks to acquire Mojang AB for more than $2B, WSJ says
Subscribe for More Information
14:54 EDTDISApple announces Apple Pay
Subscribe for More Information
13:58 EDTDISStarbucks, Groupon, OpenTable apps among those to integrate Apple Pay
Subscribe for More Information
11:50 EDTAFLAflac to hold a briefing
Subscribe for More Information
10:10 EDTRLOn the Fly: Analyst Upgrade Summary
Subscribe for More Information
09:26 EDTRLUSPA wins motion to dismiss Ralph Lauren lawsuit
Subscribe for More Information
09:06 EDTRLJimmy Choo near London IPO with $1B valuation, Bloomberg says
Subscribe for More Information
07:58 EDTRLRalph Lauren upgraded to Strong Buy at ISI Group
As previously reported, ISI Group upgraded Ralph Lauren to Strong Buy from Buy. The analyst upgraded shares based on relative valuation, a more effective organization structure, the rollout of the Polo store, and the launch of the first ever Polo women's collection in department stores and own stores. Price target is $230.
07:28 EDTMSFTThe Money Event, Inc to hold a conference
Subscribe for More Information
07:28 EDTTWXFOX pursues reality TV joint venture agreement, Hollywood Reporter says
21st Century Fox (FOX, FOXA) president and COO Chase Carey said that the company doesn't want to pursue Time Warner (TWX) again or look for another large deal, but the firm is aiming to finalize an agreement to create a reality television joint venture agreement comprised of Shine Group, Endemol and Core Media in the future, according to Hollywood Reporter, citing comments from Carey. Reference Link
06:54 EDTMSFTChamber of Commerce says China antitrust efforts may be illegal, NY Times says
Subscribe for More Information
06:39 EDTRLRalph Lauren upgraded to Strong Buy from Buy at ISI Group
Subscribe for More Information
06:37 EDTMSFTMicrosoft begins rolling out 'Delve' to Office 365 business customers
Subscribe for More Information
September 8, 2014
09:40 EDTMSFTActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL TWTR TSLA YHOO BAC FB MSFT NFLX GILD MCD
09:27 EDTBIIBLeerink biotech analyst holds a luncheon meeting with a conference call
Biotech Analyst Schwartz provides an update on key trends and controversies for marketed MS therapies and discusses new data presented at ACTRIMS-ECTRIMS at a Luncheon Meeting with an Analyst/Industry conference call to be held in Boston on September 11 at 12:15 pm.
07:34 EDTMSFTU.S. claims China breaks commitments amid Qualcomm, Microsoft probes, WSJ says
As Microsoft (MSFT) and Qualcomm (QCOM) are being investigated for potential monopolistic activity by Chinese regulators and lawmakers there recently alleged price manipulation by foreign automakers including Toyota (TM), Honda (HMC) and Daimler (DDAIF), the U.S. Chamber of Commerce alleged that China's use of its antimonopoly law has been subjective and its implementation skewed to favor China's local companies, reported The Wall Street Journal. Reference Link
07:15 EDTBIIBIBC Life Sciences to hold a conference
10th Annual Cell Line Development & Engineering Conference to be held in Berkeley, California on September 8-10.
06:37 EDTMSFTBaidu hires Microsoft's Zhang Yaqin, WSJ reports
Baidu (BIDU) has hired Zhang Yaqin, a top Microsoft (MSFT) executive in China, to become its president for new business,t he Wall Street Journal reports. Zhang was Microsoft's VP and chairman of its Asian-Pacific research and development group. Reference Link
06:21 EDTMSFTSmartwatch market to reach $10B by 2018, says Citigroup
Subscribe for More Information
06:08 EDTMSFTMicrosoft gives MSN.com a facelift, Re/code reports
Microsoft has given MSN.com a major facelift a year after MSN was merged with Bing Apps, Re/code reports. The updated MSN will still feature news, sports and cars, but will also include interactive content involving food and fitness. MSN is expected to be fully rolled out by the end of the month, and optimized MSN apps for iOS and Android could be released by the end of hte year. Reference Link
1 | 2 | 3 | 4 | 5 | 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