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Stock Market & Financial Investment News

News Breaks
November 30, 2012
16:28 EDTFB, S, NTLS, FIVE, CBK, BX, MDRX, YUM, ZNGA, VRSNOn The Fly: Closing Wrap
Stocks on Wall Street spent most of the day in negative territory as negotiations to avert automatic spending cuts and tax hikes that are set to kick in at year's end continued to dominate the headlines and determine the market's direction. The averages opened higher, but crossed into negative territory early in the session and moved in a fairly narrow range just below the flat line for most of the trading day. However, some index rebalancing drove a run-up just before the closing bell and the major index all finished just about where they started... ECONOMIC EVENTS: In the U.S., consumer spending fell 0.2% in October, versus expectations for a flat reading. Incomes were unchanged last month, versus expectations of a 0.2% gain. The Chicago PMI reading for November came in at 50.4, about in-line with forecasts for a 50.5 reading and indicating expansion after being below 50 last month. In Europe, German lawmakers approved the new aid deal struck for Greece... COMPANY NEWS: Facebook (FB) and Zynga (ZNGA) disclosed that they have changed the terms of their partnership. Under the new agreement, Facebook will be able to develop its own games and Zynga will not have to use Facebook ad units or payments on its outside sites. Shares of Zynga (ZNGA) opened sharply lower after the news, which broke after yesterday's close, but recouped some losses to close down 16c, or 6.11%, to $2.46 on the day... Yum! Brands (YUM) provided guidance after yesterday's close that indicated slowing sales in China, sparking downgrades from at least firms. Shares of Yum! traded down $7.39, or 9.92%, to $67.08... A mid-afternoon report from Reuters said that Blackstone (BX) was in the lead to buy Allscripts (MDRX), though concerns over the valuation of Allscripts cast doubt on the transaction getting completed. Shares of Allscripts fell $1.30, or 10.47%, to $11.12 after the report... MAJOR MOVERS: Among the notable gainers were Christoper & Banks (CBK), up 90c, or 24.52%, to $4.57 and Five Below (FIVE), up $5.76, or 18.35%, to $37.15 after their quarterly reports came in above the Street's expectations. Among the noteworthy losers was NTELOS (NTLS), down $3.27, or 20.22%, to $12.90, after FBR Capital dropped its price target on the stock to $5 from $15 on its belief that the company's strategic agreement with Sprint (S) would not be renewed at year's end. Also lower were shares of VeriSign (VRSN), down $5.21, or 13.24%, to $34.13 after it announced a revised .com agreement that limits its ability to increase prices on domain names... INDICES: The Dow was up 3.76, or 0.03%, to 13,025.58; the Nasdaq was down 1.79, or 0.06%, to 3,010.24; and the S&P 500 was up 0.23, or 0.02%, to 1,416.18.
News For FB;ZNGA;YUM;MDRX;BX;CBK;FIVE;NTLS;S;VRSN From The Last 14 Days
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October 14, 2014
07:54 EDTST-Mobile, Sprint risk turnover courting lower-credit subscribers, WSJ says
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07:25 EDTBXBlackstone October volatility elevated into Q3 and guidance
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06:01 EDTCBKChristopher & Banks management to meet with Piper Jaffray
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05:51 EDTZNGAStocks with implied volatility movement; DRYS ZNGA
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October 13, 2014
13:10 EDTFBGoogle's Schmidt says Amazon is company's biggest search rival, FT reports
Eric Schmidt, the executive chairman of Google (GOOG), says Amazon (AMZN) is his company's biggest rival in search, not Bing (MSFT) or Yahoo (YHOO), the Financial Times reports. Schmidt also argued in Berlin that Google should not be regulated "as if it were the gatekeeper of the internet," given the influence of Amazon and Facebook (FB). Reference Link
12:01 EDTYUMOptions with decreasing implied volatility
Options with decreasing implied volatility: EXAS INFY YUM FDO HSY
09:39 EDTFBActive equity options trading on open
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05:15 EDTFBFacebook, Ericsson, XL Axiata innovate to improve Indonesia network performance
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October 10, 2014
17:07 EDTMDRXBlue Harbor reports 7.0% stake in Allscripts
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16:02 EDTFBActionable Options for Friday, October, 10
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11:18 EDTYUMOptions with decreasing implied volatility
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10:07 EDTFBFacebook, peer-to-peer lending groups in discussions, The Information says
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09:35 EDTSSprint downgraded to Sell from Hold at Evercore
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08:28 EDTBXBlackstone to spin off financial advisory business
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08:26 EDTBXBlackstone to spin off financial advisory business
08:09 EDTBXBlackstone plans to spin off advisory business, Bloomberg reports
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07:57 EDTFBFacebook, India Telecom Minister discuss expanding in India, Economic Times says
Facebook CEO Mark Zuckerberg and India's Telecom Minister Ravi Shankar Prasad met to discuss expanding the reach of internet by using alternate technology, reports The Economic Times. According to sources, Facebook requested Prasad establish single point contact in his ministry for the alternative technology to which the minister immediately agreed. Reference Link
October 9, 2014
16:00 EDTFBOptions Update; October 9, 2014
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09:23 EDTYUMYum! Brands China business still poised to recover, says RBC Capital
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06:59 EDTFBFacebook has no imminent WhatsApp monetization goals, Reuters says
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