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Stock Market & Financial Investment News

News Breaks
February 6, 2013
09:14 EDTWYNN, MGM, MPEL, LVS, ELN, BIIB, GDP, LBTYA, VMED, RS, MUSA, ZNGA, RL, SFLY, TWX, DISOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Disney (DIS), up 2.8%... Time Warner (TWX), up 2.7%... Shutterfly (SFLY), up 16.9%... Zynga (ZNGA), up 5.5%... Ralph Lauren (RL), up 4.9%... ALSO HIGHER: Goodrich Petroleum (GDP), up 12.1% after announcing well results... Biogen (BIIB), up 5% after deal to pay $3.25B to acquire full rights and control of Tysabri from Elan (ELN)... DOWN AFTER EARNINGS: C.H. Robinson (CHRW), down 7.1%... Suncor (SU), down 3.7%... Hain Celestial (HAIN), down 2.7%... ALSO LOWER: Las Vegas Sands (LVS), down 2%, Melco Crown (MPEL), down 3.2%, MGM Resorts (MGM), down 1.3%, and Wynn Resorts (WYNN), down 3.4%, after The Times of London said China's government will begin clamping down on Macau junket operators... ACQUISITIONS MOVERS: Metals USA (MUSA), up 12.8%, to be acquired by Reliance Steel (RS) for $20.65 per share... Virgin Media (VMED), down 1.5%, to be acquired by Liberty Global (LBTYA) in cash and stock deal valued at $23.3B.
News For DIS;TWX;SFLY;RL;ZNGA;MUSA;RS;VMED;LBTYA;GDP;BIIB;ELN;LVS;MPEL;MGM;WYNN From The Last 14 Days
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September 11, 2014
06:17 EDTTWXTime Warner not planning HBO IPO, comments on Fox, NY Post reports
Time Warner (TWX) CEO Jeff Bewkes told the Goldman Sachs Communacopia conference that the company is not planning an IPO or tracking stock for HBO, the New York Post reports. Bewkes also commented that the company took 21st Century Fox's (FOXA) takeover offer "very seriously," but it was determined that the integration process would be such a "large undertaking" that shareholders of both companies "would be exposed to incredible and unnecessary risks." Reference Link
September 10, 2014
18:11 EDTMGMBoyd Gaming issues statement on MGM Resorts relicensing in New Jersey
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18:06 EDTMGMMGM Resorts approved as holding company of casino license in New Jersey
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16:21 EDTGDPGoodrich Petroleum initiated with an Outperform at Cowen
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13:48 EDTDISDisney CFO says digital ads growing 'much faster' than tv advertising
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13:11 EDTDISDisney CFO says Maker integration going well
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09:04 EDTWYNN, LVSLas Vegas Sands and Wynn Resorts recommended at Goldman
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07:31 EDTTWXGoldman to hold a conference
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September 9, 2014
14:54 EDTDISApple announces Apple Pay
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13:58 EDTDISStarbucks, Groupon, OpenTable apps among those to integrate Apple Pay
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11:52 EDTLBTYALiberty Global initiated with an Outperform at RBC Capital
Target $58.
10:10 EDTRLOn the Fly: Analyst Upgrade Summary
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09:26 EDTRLUSPA wins motion to dismiss Ralph Lauren lawsuit
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09:06 EDTRLJimmy Choo near London IPO with $1B valuation, Bloomberg says
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08:31 EDTLBTYALiberty Global says no plan currently to up ITV stake, Reuters reports
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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 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
06:39 EDTRLRalph Lauren upgraded to Strong Buy from Buy at ISI Group
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September 8, 2014
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.
07:15 EDTBIIBIBC Life Sciences to hold a conference
10th Annual Cell Line Development & Engineering Conference to be held in Berkeley, California on September 8-10.
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