New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 28, 2014
17:13 EDTBIIB, MSFT, VRTX, C, ALXN, AAPL, FBMarket ends week mixed as Nasdaq continues to lag
Stocks on Wall Street finished the week mixed as the tech-heavy Nasdaq continued to lag the S&P 500 and Dow, while the situation in Ukraine appeared to impact trade in U.S. markets less than in previous weeks. MACRO NEWS: U.S. durable goods orders for February and weekly jobless claims beat expectations, while fourth quarter GDP, new home sales for February, and an index of consumer confidence were roughly in-line with expectations... The world continued to keep an eye on the situation in Ukraine, with Western leaders saying this week that they will look to intensify economic sanctions against Russia. However, for this week at least, the geopolitical situation did not seem to move markets as much as it had in recent weeks... Investors also continued to monitor the apparent the economic slowdown in China, with Manufacturing PMI data coming out of that country to start this week missing expectations. COMPANY NEWS: Facebook (FB) again made headlines for a major acquisition, with the social network on Tuesday night announcing it acquired virtual reality technology firm Oculus VR for about $2B in cash and stock. Shares of the social network, which have had a tough month amid broad weakness in the Nasdaq, finished the week down about 10% at $60.01... Citigroup (C) shares fell about 6% after the bank's 2014 capital plan was rejected by the Federal Reserve, which spurred downgrades from a number of analyst firms. Citigroup had been seeking to raise its dividend to 5c from 1c per share, as well as repurchase $6.4B of its common stock. The bank will be permitted to continue with its current capital actions through the first quarter of 2015, which include a 1c dividend and a $1.2B share repurchase program... New Microsoft (MSFT) CEO Satya Nadella made his first public appearance as the company's CEO, announcing the launch of its Microsoft Office suite for Apple's (AAPL) iPad at an event... A number of biotech stocks, including Vertex Pharmaceuticals (VRTX), down 8%, Biogen (BIIB), down 7.5%, and Alexion Pharmaceuticals (ALXN), down 6.5%, were notably weak as the sector, and the broader tech-heavy Nasdaq, continued to underperform. INDEXES: The Dow gained 0.1% to close at 16,323.06, the S&P 500 lost 0.5% to close at 1,857.62, and the Nasdaq fell 2.8% to close at 4,155.76.
News For FB;C;MSFT;AAPL;VRTX;BIIB;ALXN 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 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | all recent news | >>
April 21, 2015
16:00 EDTFB, AAPL, COptions Update; April 21, 2015
iPath S&P 500 VIX Short-Term Futures down 1c to 21.53 Option volume leaders: AAPL TSLA TWTR GILD FB PBR AMZN C KMI KO VZ MCD according to Track Data.
13:40 EDTAAPLEarnings Watch: AT&T sees Q1 charge of approximately $130M
Subscribe for More Information
13:34 EDTMSFTEarnings Watch: Yahoo shares dropped more than 6.5% since last earnings report
Subscribe for More Information
13:34 EDTVRTXGilead paying premium to buy Vertex not warranted right now, says Maxim
After Bernstein suggested in a note to investors earlier that Gilead (GILD) should buy Vertex (VRTX), Maxim responded in its own note that it does not believe paying a premium to buy Vertex makes sense before the company has data showing efficacy for Kalydeco in heterozygotes. Maxim keeps a Hold rating and $121 price target on Vertex shares.
12:33 EDTVRTXOn The Fly: Top stock stories at midday
Subscribe for More Information
12:21 EDTVRTXVertex rises after Bernstein suggests Gilead should pursue takeover
Subscribe for More Information
11:00 EDTAAPLStocks with call strike movement; AMZN AAPL
Subscribe for More Information
10:34 EDTAAPLCorning sapphire glass rumored to be in new Apple iPhone, PatentlyApple says
Subscribe for More Information
10:01 EDTFBOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Agios Pharmaceuticals (AGIO) initiated with a Perform at Oppenheimer... Bed Bath & Beyond (BBBY) initiated with a Buy at Cantor... BioCryst (BCRX) initiated with an Outperform at FBR... Bovie Medical (BVX) initiated with an Outperform at JMP Securities... Calavo Growers (CVGW) initiated with a Buy at Janney Capital... Clorox (CLX) initiated with a Sector Weight at KeyBanc... Coach (COH) initiated with a Sell, $32 target at Cantor... Compugen (CGEN) initiated with an Outperform at Oppenheimer... Corcept Therapeutics (CORT) initiated with an Outperform at FBR Capital... Criteo (CRTO) initiated with an Outperform at Raymond James... CytRx (CYTR) initiated with an Outperform at FBR Capital... Dollar Tree (DLTR) initiated with a Buy at Cantor... Facebook (FB) initiated with a Buy at Cleveland Research... Gap (GPS) initiated with a Hold at Cantor... Genocea (GNCA) initiated with an Outperform at FBR Capital... Geron (GERN) initiated with an Outperform at Oppenheimer... Home Depot (HD) initiated with a Hold at Cantor... HubSpot (HUBS) initiated with a Buy at Needham... Jernigan Capital (JCAP) initiated with a Buy at Wunderlich... La Jolla (LJPC) initiated with an Outperform, $43 target at Oppenheimer... Lowe's (LOW) initiated with a Hold at Cantor... Lumber Liquidators (LL) initiated with a Buy, $45 target at Cantor... New Residential (NRZ) reinstated with an Outperform at Credit Suisse... Rent-A-Center (RCII) initiated with a Buy at Cantor... Ross Stores (ROST) initiated with a Hold at Cantor... Rubicon Project (RUBI) initiated with an Outperform at Raymond James... SolarCity (SCTY) initiated with an Outperform at Northland... SolarEdge (SEDG) initiated with a Buy at Canaccord... Spectrum Brands (SPB) initiated with an Overweight at KeyBanc... Summit Materials (SUM) initiated with a Buy at BB&T... Synergy Resources (SYRG) initiated with a Buy at KLR Group... Synta Pharmaceuticals (SNTA) initiated with an Outperform at FBR Capital... TJX (TJX) initiated with a Hold at Cantor... Tiffany (TIF) initiated with a Hold at Cantor... TubeMogul (TUBE) initiated with a Market Perform at Raymond James... Urban Outfitters (URBN) initiated with a Buy at Cantor... WhiteWave Foods (WWAV) initiated with a Neutral at Janney Capital... Williams-Sonoma (WSM) initiated with a Hold at Cantor... Zafgen (ZFGN) initiated with an Outperform at FBR Capital.
09:37 EDTFB, AAPLActive equity options trading on open
Subscribe for More Information
09:17 EDTFBFacebook initiated with a Buy at Cleveland Research
Subscribe for More Information
08:52 EDTBIIBBiogen April weekly volatility elevated into Q1 and outlook
Biogen April weekly call option implied volatility is at 74, May is at 35, June is at 32, July is at 31; compared to its 26-week average of 33 according to Track Data, suggesting large near term price movement into the expected release of Q1 results on April 24.
08:20 EDTAAPLOrbitz app now customized for Apple Watch
Subscribe for More Information
08:14 EDTVRTXGilead should buy Vertex, says Bernstein
Subscribe for More Information
07:37 EDTMSFTMad Catz Interactive extends agreement with Harmonix for Rock Band 4
Subscribe for More Information
07:31 EDTBIIBBiogen says data presented from ATTAIN study demonstrate efficacy of Plegridy
Subscribe for More Information
07:30 EDTMSFTMicrosoft volatility elevated into Q3 and outlook
Subscribe for More Information
06:18 EDTAAPLCitigroup unenthused with IBM mix, still prefers Apple
Subscribe for More Information
06:04 EDTMSFTYahoo, Microsoft add termination clause to search deal
Subscribe for More Information
05:58 EDTAAPLReport: AU Optronics to supply Apple with iPhone panels, DigiTimes says
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 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