New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 7, 2014
12:14 EDTFOXA, HAR, THOR, MTLS, XONE, DDD, SSYS, PCLN, CTRP, SNIOn The Fly: Midday Wrap
Stocks on Wall Street began the session higher, thanks in part to better than expected initial jobless claims data and an agreement to extend the ceasefire between Israel and Gaza. The averages saw their highs a short time after the open, but then began to drift lower. By mid-morning the Dow had crossed into negative ground and the S&P and Nasdaq soon followed, leaving the major indexes all in the red, but not by much, near noon. ECONOMIC EVENTS: In the U.S., initial jobless claims dropped 14K to 289K in the week ended August 2, versus expectations for 300K new claims. A report on consumer credit growth in June is expected at 3:00 pm ET. COMPANY NEWS: Shares of several 3D printer makers climbed after one of the companies in the sector, Stratasys (SSYS), reported stronger than expected second quarter results and raised its guidance. Near noon, Stratsys surged 19%, while 3D Systems rose 3%, Materialise (MTLS) advanced 6% and ExOne (XONE) gained more than 7%. MAJOR MOVERS: Among the notable gainers was Chinese online travel agency Ctrip.com (CTRP), which gained 10% after the company expanded its partnership with Priceline (PCLN) and received a $500M investment from the U.S. online travel giant. Also higher was 21st Century Fox (FOXA), which rose 6.5% after the company reported higher than expected fourth quarter earnings and the stock was upgraded to Market Perform from Underperform at Cowen. Among the noteworthy losers was Thoratec (THOR), which plunged 29% and was downgraded at Goldman, Credit Suisse and BTIG after reporting lower than expected second quarter revenues and lowering its FY14 profit guidance. Also lower following their earnings reports were Harman (HAR), which fell over 4%, and Scripps Networks (SNI), which dropped nearly 5%. INDEXES: Near midday, the Dow was down 37.98, or 0.23%, to 16,405.36, the Nasdaq was down 2.92, or 0.07%, to 4,352.13, and the S&P 500 was down 4.35, or 0.23%, to 1,915.89.
News For FOXA;CTRP;PCLN;SSYS;DDD;XONE;MTLS;THOR;HAR;SNI From The Last 14 Days
Check below for free stories on FOXA;CTRP;PCLN;SSYS;DDD;XONE;MTLS;THOR;HAR;SNI 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 | >>
September 11, 2014
14:28 EDTSNIScripps Networks says interested in OTT options, exploring Internet tv
Scripps Networks Interactive executives are speaking at the the Goldman Sachs Communacopia conference.
11:58 EDTDDDStocks with call strike movement; DDD GILD
Subscribe for More Information
11:10 EDTFOXAFox COO Carey says company has 'moved on' from Time Warner, THR reports
Subscribe for More Information
07:29 EDTXONEDeutsche Bank to hold a conference
Technology Conference to be held in Las Vegas on September 9-11 with webcasted company presentations to begin on September 11 at 10:30 am; not all company presentations may be webcasted. Webcast Link
06:17 EDTFOXATime Warner not planning HBO IPO, comments on Fox, NY Post reports
Time Warner (TWX) CEO Jeff Bewkes told the Goldman Sachs Communacopia conference that the company is not planning an IPO or tracking stock for HBO, the New York Post reports. Bewkes also commented that the company took 21st Century Fox's (FOXA) takeover offer "very seriously," but it was determined that the integration process would be such a "large undertaking" that shareholders of both companies "would be exposed to incredible and unnecessary risks." Reference Link
September 10, 2014
10:05 EDTDDD3D Systems call activity attributed to takeover speculation
3D Systems September weekly 52 and 53 calls are active on total call volume of 5,600 contracts (300 puts) on renewed takeover speculation. September weekly call option implied volatility is at 46, September is at 34, October is at 33, November is at 31; compared to its 26-week average of 47 according to Track Data. Active call volume suggests traders taking positions for price movement.
09:59 EDTDDDRumor: 3D Systems strength attributed to takeover speculation
08:34 EDTCTRPCtrip.com confirms removal of hotel listings from Qunar, Marbridge Daily says
Subscribe for More Information
07:36 EDTFOXAFox loses round in fight with TVEyes, Hollywood Reporter says
Subscribe for More Information
07:31 EDTSNIGoldman to hold a conference
Subscribe for More Information
September 9, 2014
16:46 EDTTHORThoratec announces start of Heartmate III U.S. clinical trial
Subscribe for More Information
13:58 EDTPCLNStarbucks, Groupon, OpenTable apps among those to integrate Apple Pay
Subscribe for More Information
12:28 EDTCTRPCtrip.com removed products from Qunar site, GeoInvesting says
GeoInvesting tweeted that after visiting Qunar's (QUNR) website it confirmed Ctrip.com (CTRP) has removed its hotel products from Qunar's website. Shares of Qunar are down 3% to $30.80 in midday trading.
10:38 EDTSNIScripps Networks management to meet with Jefferies
Subscribe for More Information
08:29 EDTSSYSStratasys outlook has improved, says RBC Capital
Subscribe for More Information
08:09 EDTSSYSStratasys analyst day supports bullish view, says Brean Capital
Brean Capital remains buyers of Stratasys following its analyst day, as the firm sees earnings and revenue guidance supporting the stock and noted management is taking a very disciplined approach to the prospect of adding metals capability to its systems offering. Brean has a Buy rating with a $140 price target on Stratasys.
08:08 EDTSSYSStratasys addressed concerns at Analyst Day, says Pacific Crest
Subscribe for More Information
07:53 EDTSSYSStratasys analyst meeting leads to more bullishness, says UBS
Subscribe for More Information
07:28 EDTFOXAFOX pursues reality TV joint venture agreement, Hollywood Reporter says
21st Century Fox (FOX, FOXA) president and COO Chase Carey said that the company doesn't want to pursue Time Warner (TWX) again or look for another large deal, but the firm is aiming to finalize an agreement to create a reality television joint venture agreement comprised of Shine Group, Endemol and Core Media in the future, according to Hollywood Reporter, citing comments from Carey. Reference Link
06:36 EDTSSYSStratasys recent sales momentum sustainable, says Piper Jaffray
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.

I agree to the theflyonthewall.com disclaimer & terms of use