Stock Market & Financial Investment News

News Breaks March 6, 2013 09:23 EDT FIO, EMC Fusion-io near-term growth not hurt by EMC launch, says Lazard Capital EMC's (EMC) announcement of new flash products is unlikely to impact Fusion-io's (FIO) near-term growth trajectory, said Lazard Capital. Lazard maintains a Buy rating on Fusion-io, though said longer-term concerns on its hardware differentiation remain. News For FIO;EMC From The Last 14 Days Check below for free stories on FIO;EMC the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. 1 | 2 | all recent news | >> May 17, 2013 11:04 EDT FIO Fusion-io calls June active on renewed takeover chatter Fusion-io June 16 and 18 calls are active on total call volume of 2,800 contracts (520 puts). June call option implied volatility is at 62, September is at 60, December is at 54; compared to its 26-week average of 55 according to Track Data. Active call volume suggests traders taking positions for larger price movement following renewed takeover chatter. 10:21 EDT FIO Rumor: Fusion-io moves off lows on renewed takeover chatter Subscribe for More Information May 16, 2013 14:29 EDT EMC EMC spikes higher, levels to watch Subscribe for More Information 07:26 EDT EMC JPMorgan to host a conference 41st Annual Global Technology, Media & Telecom Conference is being held in Boston on May 14-16 with webcasted company presentations to begin on May 16 at 8 am; not all company presentations may be webcasted. Webcast Link May 14, 2013 12:47 EDT FIO Options with increasing implied volatility: FMCN FIO SVU BKS Subscribe for More Information 10:01 EDT FIO On The Fly: Analyst Upgrade Summary Subscribe for More Information 09:14 EDT FIO On The Fly: Pre-market Movers Subscribe for More Information 07:12 EDT FIO Fusion-io management to meet with Benchmark Co. Subscribe for More Information 06:14 EDT FIO Fusion-io upgraded to Buy from Neutral at UBS UBS upgraded Fusion-io due to share weakness following management resignations and strong quarterly results and outlook. Price target raised to $19 from $16. May 13, 2013 11:12 EDT FIO Options with increasing implied volatility: BKS FIO SOHU AGNC HNZ Subscribe for More Information May 10, 2013 12:32 EDT FIO Options with increasing implied volatility: SNTA BKS FIO QIHU VMED 11:38 EDT EMC EMC spikes higher, levels to watch Subscribe for More Information May 9, 2013 12:15 EDT FIO Fusion-io CEO says customer reaction to resignations 'positive' Subscribe for More Information 05:45 EDT FIO Stocks with implied volatility movement; FIO SVU Subscribe for More Information May 8, 2013 17:01 EDT FIO On The Fly: Closing Wrap Stocks on Wall Street were higher again, pushing the Dow and S&P to new record levels. A late afternoon move down to the flatline made it seem like the recent winning streak was set to end, but the averages quickly reversed higher and closed firmly in positive ground. ECONOMIC EVENTS: In the U.S., the light economic calendar included MBA's report on mortgage applications, which were up 7%, and the EIA's petroleum status report, which showed crude oil inventories built up by less than was expected last week. In Europe, German industrial production increased 1.2% month-over-month in March, beating expectations for a 0.1% decline. In Asia, Chinese trade data showed exports climbed 14.7% in April, while imports were up 16.8%. However, some analysts expressed caution that the strong export gains should be viewed with some level of skepticism. COMPANY NEWS: Dow member Disney (DIS) beat expectations on the top and bottom line and price targets on the stock were raised at several firms, but shares slid 8c, or 0.12%, to $65.99... J.C. Penney (JCP) released preliminary Q1 results last night, including comparable store sales that were down 16.6% and revenue of $2.64B, which was below expectations. However, the results were enough to send shares of the heavily-shorted retailer up $1.21, or 7.38%, to $17.61. MAJOR MOVERS: Among the notable gainers was Whole Foods Market (WFM), up $9.39, or 10.12%, to $102.19 after earnings beat estimates, the company raised its full year outlook and announced a two-for-one stock split. Also higher were shares of Dex Media (DXM), up $2.84, or 20.71%, to $16.55 after Kyle Bass, presenting at the Sohn Investing Conference, said the company's stock could trade up to 5 times higher than current levels in 3 years. Among the noteworthy losers was Fusion-io (FIO), down $3.40, or 18.89%, to $14.60 after its CEO and chief marketing officer resigned and shares were downgraded by at least two analyst firms. Also lower following its earnings report was Zillow (Z), which fell $6.26, or 9.95%, to $56.68. INDICES: The Dow was up 48.92, or 0.32%, to 15,105.12; the Nasdaq was up 16.64, or 0.49%, to 3,413.27; and the S&P 500 was up 6.73, or 0.41%, to 1,632.69. 12:39 EDT FIO Options with increasing implied volatility: ALXA FIO EBIX VMED HNZ Subscribe for More Information 12:20 EDT FIO On The Fly: Midday Wrap Subscribe for More Information 12:00 EDT FIO Fusion-io falls 26.2% Fusion-io is down 26.2%, or $4.71, to $13.29 11:41 EDT FIO High option volume stocks: MHR FIO DSS NBL WBMD Subscribe for More Information 11:01 EDT FIO Fusion-io downgraded to Neutral from Buy at Sterne Agee Subscribe for More Information 1 | 2 | all recent news | >> Sign up for a free trial to see the rest of the stories you've been missing.