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Stock Market & Financial Investment News

News For FIVE;ULTA;CBK;RGC;NURO;ZUMZ;AVGO;ZNGA;FB;YUM;GRPN From The Last 14 Days
Check below for free stories on FIVE;ULTA;CBK;RGC;NURO;ZUMZ;AVGO;ZNGA;FB;YUM;GRPN the last two weeks.
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May 14, 2013
08:34 EDTFIVEFive Below files to sell 8.6M shares of common stock
Goldman, Sachs & Co., Barclays Capital Inc., Jefferies LLC, Credit Suisse Securities (USA) LLC and Deutsche Bank Securities Inc. are acting as joint book-running managers of the offering, UBS Securities LLC and Wells Fargo Securities, LLC are acting as co-managers of the offering, and Goldman, Sachs & Co., Barclays Capital Inc. and Jefferies LLC are the representatives of the underwriters.
06:11 EDTFIVEFive Below sees Q1 adj. EPS view to 3c-4c, consensus 8c
Sees Q1 GAAP net income $800,000-$1.3M, with a GAAP diluted EPS 1c-2c per share on approximately 53.4M estimated diluted weighted average common shares outstanding. Excluding $900,000, or 2c per adjusted diluted EPS in tax-effected expenses related to the founders' transaction, adjusted net income is expected to be approximately $1.7M-$2.2M.
06:08 EDTFIVEFive Below reports Q1 revenue $95.6M, consensus $92.86M.
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06:07 EDTFBAT&T may drop HTC Facebook phone, Bloomberg reports
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05:53 EDTFBWeb browsers are being reinvented, WSJ reports
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May 13, 2013
15:45 EDTZNGAOptions Update; May 13, 2013
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12:17 EDTFBFacebook's Waze deal hits snag, BGR reports
Facebook's acquisition of social navigation company Waze has hit some complications, said BGR, citing a report from the Israeli newspaper Calcalist. The main area of contention is Facebook's desire to close Waze’s Israel-based R&D center and transfer several employees to the U.S., the report said. Reference Link
10:12 EDTYUMYum! Brands falls after reporting 29% China sales decline
Shares of Yum! Brands (YUM) are retreating after the company disclosed that its same store sales had tumbled 29% in China last month, versus the same period in 2012. WHAT'S NEW: The 29% decline in Yum's same-store sales in China, which the company announced on Friday night in an SEC filing, was roughly in-line with the its previous guidance for a decline of about 30%. The outbreak of avian flu in China had a significant negative impact on sales of Yum's KFC restaurants in that country last month, Yum! stated. Historically, the impact of avian flu outbreaks on KFC sales has been "relatively short-lived," Yum! added. ANALYST REACTION: In a note earlier today to investors, Oppenheimer analyst Brian Bittner wrote that Yum's sales in China had probably bottomed last month, as he believes that the avian flu outbreak is unlikely to accelerate. Yum should meet analysts' 2013 consensus estimates, and the company is poised to rebound significantly next year, added the analyst. He kept an Outperform rating on the stock. TODAY'S PRICE ACTION: In early trading, Yum! fell $1.73, or 2.5%, to $68.60.
10:07 EDTYUMYum! Brands July and October volatility low
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08:13 EDTYUMYum! Brands China comps likely bottomed in Q1, says Oppenheimer
After Yum! Brands reported in-line April China comps of down 29%, Oppenheimer believes that the company's China comps likely bottomed in Q1 as the firm doesn't expect the avian flu outbreak in China to worsen. The firm expects Yum! to meet 2013 expectations, and it thinks the company could rebound significantly next year. The firm reiterates an Outperform rating on the stock.
06:40 EDTFB Facebook Home not very popular so far, AllThingsD says
Less than 1M people have downloaded Facebook's (FB) new Android app, Facebook Home, since the app was released about a month ago, AllThingsD reported Friday afternoon, citing statements by the social network. As far as popularity is concerned, the app is "not exactly a home run," AllThingsD stated. On the other hand, it is only currently available for five devices that use Google's (GOOG) Android operating system, the website added. Reference Link
May 12, 2013
13:44 EDTFBFacebook's general counsel leaving company, AllThingsD says
Facebook’s general counsel Ted Ullyot is leaving the company to take some time off. Ullyot will be leaving in July and the search for his replacement will include internal and external candidates, says AllThingsD. Reference Link
May 10, 2013
16:32 EDTYUMYum! Brands April same-store sales for China division down 29%
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14:52 EDTGRPNMarket poised to end week higher as tech helps lead advance
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11:59 EDTGRPNOptions with decreasing implied volatility: GRPN DGIT BMC BAX TRIP
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10:53 EDTFBFacebook adds Facebook Home launcher to more Android phones, androidcentral says
Facebook (FB) has added the Facebook Home launcher to a number of smartphones using Google's (GOOG) Android operating system, including Samsung's (SSNLF) Galaxy S4 and the HTC One, androidcentral reported last night. Reference Link
09:49 EDTYUMYum! Brands embarking on media campaign in China, Reuters reports
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07:35 EDTYUMYum! Brands cleared in China after meat safety concern, WSJ says
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May 9, 2013
14:45 EDTGRPNGroupon management to meet with Sterne Agee
Field trip to company headquarters to be held in Chicago on May 13 hosted by Sterne Agee.
12:12 EDTFBLeon Cooperman names Facebook, Qualcomm as stock picks
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