New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 7, 2014
17:06 EDTSAAS, SSYS, COUP, TWX, THOR, FOXAOn The Fly: Closing Wrap
Stocks on Wall Street began the session in positive territory and appeared ready to build on yesterday’s gains. There was little to point to as a catalyst, but the early move was likely helped by better than expected initial jobless claims data and an agreement to an extended ceasefire by between Gaza and Israel. The market saw its highs shortly after the open and then began to drift lower. By noon each of the major equity indexes had crossed into negative ground and by mid-afternoon the sellers were in control and renewed the selling trend that has been prevalent in recent sessions. 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. Consumer credit grew by $17.3B in June, versus expectations for it to have increased $18.3B for the month. In Europe, both the European Central Bank and the Bank of England decided to keep their main interest rates unchanged. COMPANY NEWS: 21st Century Fox (FOXA) advanced $1.63, or 5.04%, to $33.96 after the company reported higher than expected fourth quarter earnings and the stock was upgraded to Market Perform from Underperform at Cowen. Chairman and CEO Rupert Murdoch spoke on the company's earnings conference call, which is a bit outside of the recent norm, and said the company's decision to no longer pursue an acquisition of Time Warner (TWX) is "resolute." Chief Operating Officer Chase Carey echoed that the company is "done" as far as Time Warner and added that 21st Century Fox says will not pursue any other content company. MAJOR MOVERS: Among the notable gainers was inContact (SAAS), which gained $1.34, or 17.45%, to $9.02 and was upgraded at Oppenheimer and Benchmark Co. after reporting better than expected Q2 results. Also higher was Stratasys (SSYS), which rose $14.78, or 14.94%, to $113.69 after the company reported stronger than expected second quarter results and raised its guidance. Among the noteworthy losers was Thoratec (THOR), which fell $9.83, or 30.18%, to $22.74 and was downgraded by at least four Street firms following the company's Q2 miss and lowered guidance. Also lower after its earnings report were shares of Coupons.com (COUP), which fell $4.58, or 23.5%, to $14.91. INDEXES: The Dow fell 75.07, or 0.46%, to 16,368.27, the Nasdaq dropped 20.08, or 0.46%, to 4,334.97, and the S&P 500 slipped 10.67, or 0.56%, to 1,909.57.
News For FOXA;TWX;SSYS;THOR;COUP;SAAS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
February 24, 2015
06:10 EDTTWXSalem Media Group, CNN to team up for three GOP presidential primary debates
February 23, 2015
11:35 EDTTWXAmazon picks Benson to head advertising for original TV series, Variety says
Subscribe for More Information
09:12 EDTFOXADiscovery volatility flat into 21st Century Fox denied it held talks
Subscribe for More Information
08:55 EDTFOXAFox News' O'Reilly defending statements, NY Times reports
Subscribe for More Information
08:33 EDTFOXA'Fifty Shades' ticket sales retain top spot at box office, Reuters says
Subscribe for More Information
07:38 EDTTWXComcast, AT&T deals could be delayed by document access case, WSJ says
Subscribe for More Information
07:00 EDTFOXA21st Century Fox says 'no truth' in rumors of Discovery talks, Reuters reports
Subscribe for More Information
06:34 EDTFOXA21st Century Fox, Discovery held preliminary merger talks, AFR reports
21st Century Fox (FOXA) executives met with their counterparts at Discovery Communications (DISCA) nearly two weeks ago to discuss a possible takeover offer, The Australian Financial Review reports, citing sources. According to the sources, discussions were "nascent" and talks are in the "very, very early days." A spokesperson for 21st Century Fox has denied talks took place. Reference Link
February 19, 2015
18:19 EDTSAASOn The Fly: After Hours Movers
Subscribe for More Information
16:16 EDTSAASinContact sees FY15 (12c)-(17c), consensus (36c)
Subscribe for More Information
16:15 EDTSAASinContact reports Q4 EPS (5c), consensus (12c)
Subscribe for More Information
08:15 EDTTWXWarner Bros. exec says not in talks with Apple on streaming, Re/code reports
Subscribe for More Information
07:37 EDTSSYSStratasys core business remains solid, says Canaccord
Subscribe for More Information
07:25 EDTTWXCable nets speed up shows to add more ads, WSJ says
Subscribe for More Information
February 18, 2015
11:54 EDTSSYSAnalyst says Barron's thesis on 3D printing stocks outdated
Subscribe for More Information
08:04 EDTSSYSBarron's wrong on 3D printing stocks, says Oppenheimer
Subscribe for More Information
February 17, 2015
17:29 EDTFOXABerkshire Hathaway gives quarterly update on stakes, exits Exxon Mobil
Subscribe for More Information
13:18 EDTTWXOmega Advisors gives quarterly update on stakes
Subscribe for More Information
12:56 EDTFOXADecline of TV viewing accelerated, NY Post reports
Subscribe for More Information
07:15 EDTFOXA'Fifty Shades' opens to $94.4M, WSJ says
Comcast (CMCSA, CMCSK) subsidiary Universal's "Fifty Shades of Grey" earned roughly $94.4M in its opening weekend, reports the Wall Street Journal. The film earned an additional $172M overseas. Fox' (FOX, FOX.A) "Kingsman: The Secret Service" debuted in second place with $42M, and Viacom (VIA, VIA.B) subsidiary Paramount's "SpongeBob SquarePants: Sponge Out of Water" took $40M in its second week. Reference Link
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