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Stock Market & Financial Investment News

News Breaks
February 7, 2013
07:09 EDTFIOFusion-io initiated with a Neutral at Janney Capital
Target $18.
News For FIO From The Last 14 Days
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May 8, 2013
09:36 EDTFIOFusion-io downgraded to Hold from Buy at Craig-Hallum
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09:27 EDTFIOFusion-io reaffirms financial outlook given on April 24
Fusion-io continues to expect Q4 revenue of $110M and FY13 revenue of $435M. Non-GAAP gross margin is expected to be 56%-58% in Q4. The consensus Q4 revenue estimate is $109.3M.
09:24 EDTFIOOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Myriad Genetics (MYGN), up 9%... Electronic Arts (EA), up 7.4%... Cognizant (CTSH), up 5.2%. ALSO HIGHER: Whole Foods (WFM), up 8.5% after earnings, raising guidance, announcing two-for-one stock split... BlackBerry (BBRY), up 2% after Macquarie says stock setting up for bounce and Jefferies says Q10 demand remains robust... Delta (DAL), up 0.7% after initiating 6c dividend, authorizing $500M share buyback. DOWN AFTER EARNINGS: ValueClick (VCLK), down 20%... Axiall (AXLL), down 8.4%... Zillow (Z), down 5.1%... SodaStream (SODA), down 6%... Symantec (SYMC), down 5.8%... AOL (AOL), down 4.6%. ALSO LOWER: Fusion-io (FIO), down 26% after resignations of CEO, Chief Marketing Officer.
09:20 EDTFIOFusion-io plummets after resignations of CEO, Chief Marketing Officer
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09:14 EDTFIOFusion-io calls volatility flat into leadership change
Fusion-io overall option implied volatility of 47 is near its 26-week average of 49 according to Track Data, suggesting non-directional price movement into the company naming Shane Robison as Chairman, CEO effective immediately, succeeding David Flynn, who has resigned as CEO and President.
09:00 EDTFIOFusion-io falls 17.2%
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08:32 EDTFIOFusion-io names Shane Robison as Chairman, CEO effective immediately
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