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Stock Market & Financial Investment News

News Breaks
February 27, 2013
06:10 EDTFSLR, ARNAStocks with implied volatility movement; FSLR ARNA
Stocks with implied volatility movement; First Solar (FSLR), Arena Pharmaceuticals (ARNA) according to iVolatility.
News For FSLR;ARNA From The Last 14 Days
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June 19, 2013
12:22 EDTARNAOutlook for obesity drug coverage has improved, says Leerink
Leerink notes that the VA started covering Vivus' (VVUS) Qsymia in April, while a bipartisan group of lawmakers will introduce a bill today to make Medicare begin covering weight-loss drugs. Meanwhile the AMA has labeled obesity a disease for the first time, Leerink added. The firm believes that the community will begin treating obesity as a disease, and it thinks that recent events could enable weight loss drug makers to exceed its estimates. The firm reiterates Outperform ratings on weight loss drug makers Vivus, Arena (ARNA), and Orexigen (OREX).
09:49 EDTARNAWeight loss drug makers rise after AMA calls obesity a disease
Makers of anti-obesity drugs are advancing after the American Medical Association designated obesity as a disease. WHAT'S NEW: The AMA recognized obesity as a disease yesterday. Obesity "requires a range of medical interventions," and the treatment and prevention of the condition must be advanced, the organization stated. The AMA's decision will help change the way doctors deal with obesity, AMA board member Patrice Harris, M.D, stated. TODAY'S PRICE ACTION: In early trading, Arena Pharmaceuticals (ARNA) rose 2% to $7.65, while VIVUS (VVUS) climbed 2.4% to $14.10 and Orexigen (OREX) inched up 0.3% to $6.40.
06:52 EDTARNAAMA recognizes obesity as disease. NY Times reports
The American Medical Association, or AMA, has officially recognized obesity as a disease, The New York Times reported yesterday. The decision could cause more insurance companies to pay for obesity treatments and spur more doctors to take more steps to combat the condition, the newspaper stated. The AMA overrode a recommendation by a committee that had recommended against making the change, the newspaper noted. Reference Link
June 18, 2013
09:15 EDTFSLRChina to generate more heat using solar energy, China Daily says
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June 17, 2013
12:03 EDTFSLRStocks with call strike movement; CLF FSLR
Cliffs Natural (CLF) August 20 call volatility increased 2% to 63, First Solar (FSLR) July 52.5 call option implied volatility decreased 2% to 65 according to IVolatility.
June 15, 2013
15:50 EDTFSLRChina to boost solar industry with easier financing, Bloomberg says
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June 14, 2013
11:28 EDTFSLRStocks with call strike movement; APOL FSLR
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08:11 EDTARNAArena Pharmaceuticals management to meet with Leerink
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June 13, 2013
16:00 EDTFSLROptions Update; June 13, 2013
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11:53 EDTFSLRStocks with call strike movement; RHT FSLR
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09:37 EDTFSLRActive equity option families trading on open
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06:26 EDTFSLRIHS: Europe solar installations to fall to 11.6GW in 2013, DigiTimes says
Europe solar installations are expected to fall by more than 6GW in 2013, reports DigiTimes, citing IHS. Anti-dumping duties on China-made modules is expected to cause 1.3GW of that decline. Reference Link
06:01 EDTFSLRFirst Solar 8.5M share Secondary priced at $46.00
JPMorgan, Morgan Stanley, BofA/Merrill and Citigroup acted as joint book running managers for the offering.
June 12, 2013
13:09 EDTFSLRIHS still expects solar installations to grow by at least 10% this year
European photovoltaic installations are forecast to fall by more than 6 gigawatts, or GW, in 2013, with 1.3 GW of this decline attributed to incoming EU anti-dumping duties on Chinese modules according to a recently released analysis from IHS, the firm disclosed yesterday. Despite this dramatic fall, IHS still predicts global installations will grow at a double-digit rate to 35 GW in 2013 driven by a surge in demand in Asia. In its latest quarterly analysis on global photovoltaic installation demand, IHS cut has cut its forecast for the second half of 2013 in Europe by more than 1.3 GW, citing the anti-dumping tariffs that came into force on June 6. As a result of these duties, and several other factors, including changes to incentive systems, IHS predicts total European PV installations will fall to 11.6 GW in 2013, down 33 percent from 17.7 GW in 2012.Reference Link
12:27 EDTFSLROn The Fly: Midday Wrap
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11:47 EDTFSLRStocks with call strike movement; RHT FSLR
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10:53 EDTFSLRFirst Solar drops after announcing sale of new shares
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10:13 EDTFSLRFirst Solar falls on secondary news, but bounces off lows, levels to watch
The stock opened at $49.56 this morning after news that the company would float a secondary of 8.5 million shares. The stock has since bounced, trading as high as $51.18. At current price, support is at the session low. Resistance is at $51.73.
09:07 EDTFSLROn The Fly: Pre-market Movers
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08:34 EDTFSLRFirst Solar secondary dilution could be 10%, says Maxim
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