New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 15, 2013
11:07 EDTCMCSK, KGC, EXPR, CIMHigh option volume stocks: EXPR CMCSK CIM KGC
News For EXPR;CMCSK;CIM;KGC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
January 27, 2015
08:38 EDTEXPRExpress share repurchases likely to resume in near-term, says Wedbush
Subscribe for More Information
January 26, 2015
16:33 EDTEXPRExpress note redemption adds 11c to FY15 earnings, says Nomura
Nomura expects the redemption of the 8.75% senior notes to add 11c to Express' FY15 earnings. In addition, the firm says its recent meeting with management highlighted better than expected holiday trends. The firm calls Express shares the cheapest in its retail coverage and keeps a Buy rating on the stock with a $16 price target.
10:00 EDTKGCOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
07:03 EDTKGCKinross Gold downgraded to Sell from Neutral at Goldman
Subscribe for More Information
January 21, 2015
10:01 EDTEXPROn The Fly: Analyst Downgrade Summary
Subscribe for More Information
08:31 EDTCMCSKAT&T CEO says net neutrality may end up in Supreme Court, CNBC says
AT&T (T) Chairman and CEO Randall Stephenson believes the net neutrality debate may have to be settled by the Supreme Court, reports CNBC, citing a CNBC interview on Wednesday from the World Economic Forum in Davos. Stephenson stated, "We need a neutral Internet... I think everyone agrees with that. Where everyone is getting stuck now is going beyond that." Stephenson also stated the neutrality debate will not affect his company's decision to bid $49B for DirecTV (DTV), though he believes a quick decision from the FCC could quicken Comcast's (CMCSA, CMCSK) $45B negotiations for Time Warner Cable (TWC). Reference Link
07:08 EDTEXPR, EXPRExpress downgraded to Sell from Buy at CLSA
CLSA downgraded Express to Sell from Buy following the announcement that buyout talks with private-equity firm Sycamore Partners have ended and expectations apparel trends will remain weak into FY16. Price target lowered to $12.
06:17 EDTCMCSKOverstock to introduce streaming-video service later this year, WSJ reports
Overstock.com (OSTK) is planning to launch a streaming-video service later this year, CEO Patrick Byrne announced at the National Association of Television Program Executives conference, The Wall Street Journal reports. Overstock would compete in the space with Amazon (AMZN), Hulu (DIS, CMCSA, CMCSK, FOXA), Netflix (NFLX), and Time Warner's (TWX) HBO is also planning a standalone online streaming service that will launch this year. The new Overstock service would be tied to the company's $20-per-year Club O membership program and will launch with about 30,000 titles. Reference Link
January 20, 2015
14:00 EDTCMCSKFCC fines Viacom, ESPN $1.4M after brodcasting EAS tones to promote movie
The Federal Communications Commission fined Viacom (VIA) and ESPN (DIS) $1.4M for misusing the Emergency Alert System warning tones. The cable networks transmitted EAS warning tones for several days in 2013 to promote the movie “Olympus Has Fallen,” which portrayed a terrorist attack on Washington, D.C. Broadcast or transmission of these tones outside an emergency or test violates the FCC’s laws protecting the integrity of the system. The networks admitted that the commercial contained actual EAS codes and appeared multiple times on the networks. In March 2014, the FCC proposed a total fine of $1,930,000 against NBCUniversal (CMCSA), ESPN, and Viacom. NBCUniversal paid its $530,000 fine, but ESPN and Viacom objected and requested reductions. The FCC rejected their arguments and imposed fines of $1,120,000 against Viacom and $280,000 against ESPN. The fines, which differ based on several factors including the number of channels involved and the number of transmissions on each channel, must be paid in 30 days.
13:08 EDTEXPROn The Fly: Midday Wrap
Subscribe for More Information
10:33 EDTEXPR1981 Investments reports 9.8% stake in Express, intends to review investment
Subscribe for More Information
10:21 EDTEXPRExpress weakness a buying opportunity, says Mizuho
Subscribe for More Information
09:11 EDTEXPROn The Fly: Pre-market Movers
Subscribe for More Information
08:08 EDTEXPRExpress, Sycamore Partners announce termination of discussions
Subscribe for More Information
08:07 EDTEXPRExpress, Sycamore Partners announce termination of discussions
Subscribe for More Information

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