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February 26, 2013
11:56 EDTEBIX, TPX, VXX, VIX, POptions with increasing implied volatility: UVXY EBIX VIX TPX P VXX
News For EBIX;VIX;TPX;P;VXX From The Last 14 Days
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September 22, 2015
11:11 EDTVXXiPath S&P 500 VIX Short-Term Futures is recently up 1.42 to 24.46
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09:31 EDTVXXiPath S&P 500 VIX Short-Term Futures is recently up 1.13 to 24.19
08:09 EDTPPandora royalty risk reduced, says JMP Securities
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05:15 EDTVXXiPath S&P 500 VIX Short-Term Futures at 23.05, 10-day moving average 24.82
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September 21, 2015
16:53 EDTPOn The Fly: Top stock stories for Monday
Stocks on Wall Street began the session in positive territory and remained there for most of the morning. The Nasdaq was the first index to show signs of weakness after Hillary Clinton pledged to address the high cost of specialty drugs, sinking multiple biotech stocks. The averages later recovered from their afternoon lows, with both the Dow and S&P posting gains and the Nasdaq narrowly finishing in the green after Monday's drug pricing debate. ECONOMIC EVENTS: In the U.S., existing home sales fell 4.8% to a 5.31M rate in August, versus expectations for them to be down 1.6% to a rate of 5.5M. Over the weekend, three Federal Reserve officials, namely San Francisco Fed President John Williams, St. Louis Fed President James Bullard and Richmond Fed President Jeffrey Lacker, all argued that an interest-rate increase is still warranted this year. COMPANY NEWS: Biotech stocks declined after privately-held Turing Pharmaceuticals made headlines by enacting a 5,000% price increase on its treatment for toxoplasmosis, reigniting a debate around drug prices that previously embroiled costly Hepatitis C drugs including AbbVie's (ABBV) Viekira Pak and Gilead's (GILD) Sovaldi and Harvoni. Presidential candidate Hillary Clinton sent the debate to center stage by criticizing the "outrageous" prices of specialty drugs and promising to lay out a plan tomorrow to tackle "price gouging" in the specialty drug market. The NASDAQ Biotechnology index fell roughly 4.4% following the attention paid to Turing's drug and Clinton's response... Shares of Volkswagen (VLKAY) trading in New York dropped 17.1% to $30.10 after the EPA and California Air Resources Board detected manipulations that violate U.S. environmental standards while testing certain Volkswagen diesel cars. The EPA said Volkswagen may face civil penalties of $37,500 for each vehicle not in compliance with federal clean air rules, which could total as much as $18B, according to Reuters... Apple (AAPL), which has previously been reported to be working on an electric car via its "Project Titan," is speeding up those efforts and setting 2019 as a target to ship its first vehicle, according to The Wall Street Journal. Shares of Tesla Motors (TSLA) were volatile following the Journal's report, but closed the day up 1.37% at $264.20. MAJOR MOVERS: Among the notable gainers was Atmel (ATML), which surged 12.65%, to $8.19 after agreeing to be acquired by German chipmaker Dialog Semiconductor in a deal valued at roughly $4.6B. Also higher was Starwood Waypoint (SWAY), which gained $2.89, or 12.70%, to $25.64 after announcing a stock-for-stock merger agreement with Colony American Homes. Additionally, Pandora (P) rose 8.17% to $21.31 after receiving an interim opinion from the Register of Copyrights regarding the company's agreements with Merlin and Naxos. Among the noteworthy losers was GoPro (GPRO), which fell $2.88, or 8.19%, to $32.27 after Barron's contended that the company's stock could plunge another 30% to $25 as Apple, Sony (SNE), and others pressure the company's "one-hit wonder" products. Also lower was Mallinckrodt (MNK), which lost $8.23, or 10.02%, to $73.87 after ANI Pharma (ANIP) announced plans to acquire two new drug applications from Merck (MRK) that could compete with Acthar, Mallinckrodt's largest product. Separately, D.R. Horton (DHI) dipped 2.91% after the August U.S. existing home sales report showed a 4.8% drop for the month. Note also that Lennar (LEN) slipped 0.27% after its quarterly earnings report beat analyst estimates. INDEXES: The Dow rose 125.61, or 0.77%, to 16,510.19, the Nasdaq added 1.73, or 0.04%, to 4,828.96, and the S&P 500 gained 8.94, or 0.46%, to 1,966.97.
14:18 EDTPCRB comments actually cautionary for Pandora, says FBR Capital
The initial positive reaction in Pandora shares following a procedural decision in its CRB rate fight seems misplaced, according to FBR, which argues that language in the decision is actually cautionary for Pandora. The firm, which said that the ruling includes favorable comments for SoundExchange, keeps an Underperform rating on Pandora.
13:00 EDTVXXiPath S&P 500 VIX Short-Term Futures is recently down 11c to 24.06
12:25 EDTPPandora interim ruling win a positive sign, says Piper Jaffray
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12:19 EDTPPandora says 'pleased' with opinion from Register of Copyrights
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11:24 EDTPPandora January puts active on Copyright Royalty Board decision
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11:17 EDTPPandora 'pleased' copyright office affirmed Merlin pact as benchmark
In statement to Reuters, Pandora said it is "pleased that the copyright office affirmed the admissibility of Pandora's agreement with Merilin as a valid benchmark in the copyright royalty board proceedings," the news service reported.
10:51 EDTPOptions with increasing implied volatility
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10:43 EDTPPandora well off highs, shares still up 5% to $20.64
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10:25 EDTPPandora trading resumes, shares up 13% to $22.26
10:18 EDTPPandora halted second time for volatility after jumping 8% to $21.31
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10:17 EDTPPandora trading resumes, shares now up 8% to $21.30
10:16 EDTPPandora jumps as investors await Copyright Royalty Board decision
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10:13 EDTPPandora trading halted for volatility after jumping $1.28 to $20.98
09:37 EDTVXXiPath S&P 500 VIX Short-Term Futures is recently down 1.06 to 23.63
05:48 EDTVXXiPath S&P 500 VIX Short-Term Futures at 24.68, 10-day moving average 25.44
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