New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 22, 2012
16:23 EDTX, RGR, SONC, SCVL, GOLD, PCLN, GME, FDX, SWHC, MCD, DGOn The Fly: Closing Wrap
Stocks on Wall Street were lower, as reports of contraction in manufacturing in both China and the euro zone fueled worries about global growth prospects. Stock futures indicated a lower open and the market reacted as expected after the opening bell. The averages opened in negative territory and were never able to put together any semblance of a rally. The move lower was broad based as evidenced by the market internals, which saw declining stocks heavily outpace advancers. The market generally ignored the day’s domestic economic data, including a drop in weekly jobless claims and a better than expected report on the leading economic indicators. The market has now lost ground for the third consecutive day after recently hitting fresh recovery highs... ECONOMIC EVENTS: In the U.S., initial jobless claims fell 5K to 348K, versus the expected 350K. The leading economic indicators for February increased 0.7%, versus expectations of an increase of 0.6%. Home prices held flat on a seasonally-adjusted basis in January, versus expectations for an increase of 0.3%. In China, a "flash" purchasing managers index fell to 48.1 from 49.6 the month prior. In Europe, a composite euro zone PMI reading also fell, hitting 48.7... MARKET NEWS: FedEx (FDX) topped the list of companies reporting results this morning and saw its shares fall $3.32, or 3.46%, to $92.50 after its earnings beat expectations but its revenues and guidance disappointed. Among others reporting earnings, advancers included Shoe Carnival (SCVL) and Dollar General (DG); decliners included GameStop (GME) and Sonic (SONC)... McDonald's (MCD) CEO Jim Skinner announced his retirement, to be replaced by the company's current President and COO Donald Thompson... Priceline.com (PCLN) shares moved higher, up $8.34, or 1.19%, to $711.99, after Piper Jaffray said in a note to investors this morning that the company's shares could hit $1,000 by mid-2014 and that $50.00 of non-GAAP earnings per share in 2015 is realistic... MAJOR MOVERS: Among the notable gainers were Sturm Ruger (RGR), up $5.63, or 13.31%, to $47.93, after saying its had to temporarily stop accepting new orders after its Q1 bookings topped 1M units, and Smith & Wesson (SWHC), up 78c, or 11.30%, to $7.68, as it also appeared to benefit from Sturm Ruger's news. Noteworthy losers included Randgold Resources (GOLD), down $12.80, or 12.38%, to $90.60, after reports of a coup attempt in Mali, and US Steel (X), down $1.82, or 5.82%, to $29.47, as one of the many materials names that moved lower on the signs of weakness in China... INDICES: The Dow fell 78.48, or 0.60%, to 13,046.14; the Nasdaq lost 12.00, or 0.39%, to 3,063.32; and the S&P 500 dropped 10.11, or 0.72%, to 1,392.78.
News For FDX;SCVL;DG;GME;SONC;MCD;PCLN;RGR;SWHC;GOLD;X 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 | >>
January 14, 2015
07:47 EDTGMEGameStop new software sales promising, says SunTrust
After GameStop reported roughly in-line holiday SSS but said that its new software sales had risen 6%, the firm thinks the overall holiday data bodes well for the company's Q4 results. The firm keeps a Buy rating on the shares.
07:23 EDTGMEGameStop looks to be capitalizing on new products, says Oppenheimer
After GameStop reported that its total holiday SSS fell 3.1% but reiterated its previous Q4 EPS guidance, Oppenheimer says the company looks to be capitalizing on new products, while the short thesis on the stock was "somewhat" undermined by the company's report. The firm says the company is not yet out of the woods, but keeps an Outperform rating on the shares.
06:55 EDTMCDMcDonald's Japan finds plant doesn't use plastic found in McNugget, Reuters says
Subscribe for More Information
06:38 EDTGMEGameStop upgraded to Outperform from Underperform at Pacific Crest
Subscribe for More Information
January 13, 2015
18:37 EDTGMEOn The Fly: After Hours Movers
Subscribe for More Information
18:24 EDTGMEGameStop now sees FY14 SSS up 3% to up 4%
18:24 EDTGMEGameStop now sees Q4 SSS down 2.5% to down 1%
Subscribe for More Information
16:18 EDTGMEGameStop trades up after hours, levels to watch
Shares are up over 6.8% to $35 in the extended session. At that price resistance is at the after hours high at $36 and then at $37.20. Support is at $34.88.
16:14 EDTGMEGameStop up 9.3% after reporting holiday SSS, backing Q4, FY14 EPS guidance
Subscribe for More Information
16:13 EDTGMEGameStop backs FY14 EPS view of $3.40-$3.55, consensus $3.49
16:13 EDTGMEGameStop backs Q4 EPS view of $2.08-$2.24, consensus $2.16
Subscribe for More Information
16:12 EDTGMEGameStop reports total holiday SSS down 3.1%
Subscribe for More Information
11:31 EDTXBofA/Merrill metals & steel analysts hold analyst/industry conference call
Subscribe for More Information
10:00 EDTSONCOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
06:46 EDTSONCSonic upgraded to Overweight from Neutral at Piper Jaffray
Piper Jaffray upgraded Sonic to Overweight citing tis favorable view of the company's multi-layered process to growing sales. Piper raised its price target for shares to $38 from $28.
January 12, 2015
14:48 EDTGMEiPath S&P 500 VIX Short-Term Futures is recently up 2.17 to 34.16
Subscribe for More Information
13:49 EDTGMEGameStop volatility increases into 2014 holiday sales release
GameStop January call option implied volatility is at 119, February is at 58, April is at 48; compared to it 26-week average of 47 according to Track Data, suggesting large price movement into the expected release of 2014 holiday sales release on January 13.
08:05 EDTGMEGameStop to use Microsoft Azure to stream game content, promotional materials
Subscribe for More Information
07:35 EDTGMENational Retail Federation to hold a trade show
Subscribe for More Information
07:20 EDTSCVLICR to hold a conference
17th Annual ICR XChange Conference is being held in Orlando, Florida on January 12-14.
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