New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 6, 2014
06:19 EDTATU, RHHBY, VASC, PII, SCS, PLM, ALE, REGI, MS, GWW, WFC, FUL, FAST, DLXCFA Society of Minnesota to hold a conference
2014 InvestMNt Conference to be held in Minneapolis on August 6.
News For FAST;FUL;DLX;ALE;VASC;GWW;PLM;RHHBY;MS;SCS;ATU;REGI;PII;WFC From The Last 14 Days
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 | >>
April 14, 2015
09:27 EDTWFCWells Fargo slips lower following earnings
In the pre-market shares are down over 1% to $53.94. At that price next support is at $53.29. Resistance is at $54.63, the 50-day moving average.
09:13 EDTFASTOn The Fly: Pre-market Movers.
UP AFTER EARNINGS: JPMorgan Chase (JPM), up 1%... Johnson & Johnson (JNJ), up marginally... Triangle Petroleum (TPLM), up 4.2%... Fastenal (FAST), up 5%. ALSO HIGHER: Brainstorm Cell Therapeutics (BCLI), up 13.5% after announcing that it will present NurOwn Phase 2a clinical data at the Academy of Neurology annual meeting... Builders FirstSource (BLDR), up 7.2% after being upgraded to Buy from Hold at Stifel... Solazyme (SZYM), up 7.5% after announcing a strategic agreement with Flotek (FTK)... Cleveland BioLabs (CBLI), up 6.8% after receiving funding recommendation from the Department of Defense... Nordic American Tanker (NAT), up 3.2% after raising quarterly dividend to 38c from 22c... Ocwen (OCN), up 3.8% after reporting preliminary fiscal 2014 results. DOWN AFTER EARNINGS: Wells Fargo (WFC), down just under 1%. ALSO LOWER: Norfolk Southern (NSC), down 5.8% after being downgraded to Hold from Buy at TD Securities... RXi Pharmaceuticals (RXII), down 14.3% after filing to sell $20M of common stock and warrants... Arrowhead Research (ARWR), down 4.5% after being downgraded to Hold from Buy at Jefferies.
08:35 EDTMSEtsy offering vendors chance to participate in IPO, WSJ reports
Etsy (ETSY), through a program being overseen by Morgan Stanley (MS), is giving its vendors and other small investors the opportunity to buy as much as $2,500 in stock just before its public float, reported The Wall Street Journal. The bank's customary account fees are being waived for the program, via which participants can offer to buy between $100 and $2,500 worth of Etsy stock, people familiar with the matter told the Journal. Reference Link
08:14 EDTWFCWells Fargo expects 2015 efficiency ratio range 55%-59%
Subscribe for More Information
08:08 EDTWFCWells Fargo reports Q1 credit losses $708M vs. $735M last quarter
Subscribe for More Information
08:07 EDTWFCWells Fargo reports Q1 Common Equity Tier 1 ratio 10.86%
Wells Fargo reports Q1 Common Equity Tier 1 of $139.2B under Basel III, or 10.86% of risk-weighted assets. The Common Equity Tier 1 ratio under the Basel III framework was 10.53%. During Q1, the company purchased 48.4M shares of its common stock and entered into a $750M forward repurchase transaction for an additional 14M shares, which settled in early April.
08:03 EDTWFCWells Fargo reports Q1 EPS $1.04, consensus 98c
Subscribe for More Information
06:52 EDTFASTFastenal reports Q1 daily sales $15,132; Reports Q1 daily sales growth rate 8.8%
Subscribe for More Information
06:51 EDTFASTFastenal reports Q1 EPS 43c, consensus 41c
Subscribe for More Information
06:30 EDTRHHBYRoche to seek to have cancer drug tested in 11 trials in 2015, Reuters says
Roche said it would seek to have its immunotherapy cancer drug, MPDL3280A, in 11 late stage trials by the end of 2015, aaccording to Reuters. The drug is being tested in melanoma, as well as lung, bladder, kidney, bowel and blood cancers, the news service noted. Reference Link
April 13, 2015
16:21 EDTWFCOn The Fly: Top stock stories for Monday
Subscribe for More Information
15:38 EDTWFC, FASTNotable companies reporting before tomorrow's open
Subscribe for More Information
15:26 EDTWFCWells Fargo April 54.5 straddle priced for 2.2% movement into Q1
12:39 EDTWFCWells Fargo April volatility elevated into Q1 and outlook
Wells Fargo April call option implied volatility is at 27, May is at 17, June is at 15; compared to its 26-week average of 17 according to Track Data, suggesting large near term price movement in the expected release of Q1 results on April 14.
11:42 EDTFASTFastenal technical comments ahead of results
The stock is trading close to the $40 level, a level that has been important support since 2011. When looking at a 5-year chart, the $40 area's importance is plain to see. If the news is negative and there is a breakdown below the $40 area it would be a major failure of support. In that event, support levels to watch as potential downside objectives would be at $38.56, $35.99, and $33.97. If the new is more bullish than the recent downtrend in price would suggest, the first major resistance level to watch would be at $45.11 which is the 50-day moving average. A breakout above the 50-day would see next resistance at $48.43, a pivot high from December 2014. While the moves up would be a near-term positive, the top of the trading range since early 2013 has been at the $53 area. It would take a breakout above $53 to turn the stock positive on a long-term basis.
11:16 EDTWFCConocoPhillips looks to sell noncore U.S. acreage, Reuters says
Subscribe for More Information
10:01 EDTRHHBYRoche acquires CAPP Medical
Roche announced it has acquired CAPP Medical, a genomics research company founded by Stanford University oncologists and industry veterans, to advance the development of technology for cancer screening and monitoring through the detection of circulating tumor DNA in blood.
07:52 EDTMSPotential rule change on accounts to likely be manageable, says JMP Securities
Subscribe for More Information
07:16 EDTMSTechWeek to hold a conference
TechWeek Detroit 2015 is being held in Detroit on 4/13-19.
April 12, 2015
16:30 EDTGWWGrainger may be 10%-20% undervalued, Barron's says
Grainger could be 10%-20% undervalued and may be worth close to $290, Barron's contends in its "The Trader" column. Analysts call the company a "high-quality, dominant business" whose stock price has been impacted by negative perceptions of the distribution sector. 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