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Stock Market & Financial Investment News

News Breaks
May 21, 2012
12:21 EDTRGR, RENN, AEO, ETN, CBE, DVA, CPB, KKD, LOW, YHOO, FBOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday, rebounding a bit from last week's dismal performance, which was the worst this year for U.S. equity markets. Near noon the market was off of its best levels and had been drifting in a narrow range since mid-morning. The market move is due more to a bounce from an oversold condition than from any data reported in either Europe or the U.S. There was little on the U.S. economic calendar, with the exception of the Chicago Fed National Activity Index, which went largely unnoticed when reported during the pre-market trading session... ECONOMIC EVENTS: In the U.S., the Chicago Fed National Activity Index rebounded a bit to a reading of +0.11 for the month of April, up from -0.29 a month ago. In Europe, stocks gained in spite of little in the way of concrete plans for the region coming out of the weekend's meeting of the G-8 leaders... COMPANY NEWS: Facebook (FB) shares fell below their $38 issue price in premarket trading and continued to slide as much as 13.7% before stabilizing near $33. Near noon, shares were down $4.49, or 11.59%, to $33.74... Yahoo! (YHOO) reached a deal for a plan to sell out of its 40% stake in Alibaba, including an initial sale of 20% of Alibaba back to the company for $7.1B. Yahoo! said it intends to return substantially all of the after-tax cash proceeds to shareholders from the deal and did not finalize the form of the return of capital but did increase its share buyback authorization by $5B. However, Yahoo shares only moved up about 0.3% on the news... Shares of Lowes (LOW) slid almost 10% in spite of sales and profits that beat estimates, as the company's yearly earnings guidance came in below consensus. Among other companies reporting earnings, Krispy Kreme (KKD) advanced while Campbell Soup (CPB) declined... DaVita (DVA) agreed to purchase HealthCare Partners for $4.42B, which investors applauded by driving shares up more than 4%... MAJOR MOVERS: Among the notable gainers were Cooper Industries (CBE), up nearly 27%, after agreeing to be acquired by Eaton Corporation (ETN) in a cash and stock deal valued at $72.00 per share, representing a premium of 29% to Cooper's closing price on Friday, and American Eagle (AEO), up more than 10%, following an upgrade to Buy at Brean Murray ahead of Wednesday's earnings report and after the company announced it plans to eliminate children's brand 77kids and its CFO stepped down. Noteworthy losers included Renren (RENN), down almost 3%, as it was dragged down in concert with the steep decline seen in Facebook, and Sturm, Ruger (RGR), down about 6%, after being initiated with a Sell rating at Off Wall Street Research... INDICES: Near noon, the Dow was up 96.57, or 0.78%, to 12,465.95; the Nasdaq was up 44.42, or 1.60%, to 2,823.21; and the S&P 500 was up 14.44, or 1.11%, to 1,309.66.
News For FB;YHOO;LOW;KKD;CPB;DVA;CBE;ETN;AEO;RENN;RGR From The Last 14 Days
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September 17, 2014
10:04 EDTFBDiscover rumored to be eyed as target by Apple, Bank Innovation says
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10:00 EDTETN, DVAOn The Fly: Analyst Downgrade Summary
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09:40 EDTFBFacebook polishing micro-sharing app 'Moments', TechCrunch reports
Facebook is polishing a new app codenamed "Moments" for micro-sharing for a select group of friends, reports TechCrunch. According to multiple sources, including who has seen a live internal version of the app, the design features a grid with a few tiles, each representing a set of close family or friends. The goal is to make selective sharing much faster than the main Facebook app. Reference Link
09:36 EDTYHOOActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL WFM X YHOO TSLA TWTR RAX SHLD SPLS
07:09 EDTDVADaVita management to meet with Deutsche Bank
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06:09 EDTETNEaton downgraded to Hold from Buy at Stifel
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05:58 EDTDVADaVita downgraded to Hold from Buy at KeyBanc
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05:53 EDTYHOOStocks with implied volatility movement; YHOO NQ
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September 16, 2014
16:29 EDTAEOAmerican Eagle assumed with a Neutral at Piper Jaffray
Target $13.
16:00 EDTYHOOOptions Update; September 16, 2014
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12:08 EDTYHOOStocks with call strike movement; GPRO YHOO
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09:59 EDTAEOOn The Fly: Analyst Upgrade Summary
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09:36 EDTYHOO, FBActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL NFLX TSLA YHOO FB PBR MU AA TWTR WMT
09:25 EDTAEOOn The Fly: Pre-market Movers
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07:39 EDTYHOOYahoo September volatility increases to 89 into Alibaba IPO
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07:31 EDTYHOOSoftbank, Yahoo poised to profit from record Alibaba IPO, WSJ reports
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07:19 EDTFBFacebook engagement metrics remain strong, says JPMorgan
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07:09 EDTAEOAmerican Eagle upgraded to Overweight from Equal Weight at Stephens
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05:58 EDTYHOOYahoo implied volatility of 61 at upper end of index mean range
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05:49 EDTYHOOStocks with implied volatility movement; YHOO BBRY
Stocks with implied volatility movement; Yahoo (YHOO) 61, BlackBerry (BBRY) 61 according to iVolatility.
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