New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 10, 2014
04:55 EDTFTR, FTR, FTR, CCOI, CCOI, CCOI, FRP, FRP, FRP, RRD, RRD, RRD, CBB, CBB, CBB, CNSL, CNSL, CNSL, GTIV, GTIV, GTIV, STX, STX, STX, BIOS, BIOS, BIOS, MSCC, MSCC, MSCCMorgan Stanley to hold a conference
Morgan Stanley Finance Leveraged Conference to be held New Orleans on June 10-12.
News For FTR;BIOS;STX;GTIV;CNSL;CBB;RRD;FRP;CCOI;MSCC From The Last 14 Days
Check below for free stories on FTR;BIOS;STX;GTIV;CNSL;CBB;RRD;FRP;CCOI;MSCC the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
July 21, 2014
17:40 EDTGTIVKindred Healthcare offers to acquire Gentiva Health for $17.25 per share
Subscribe for More Information
17:32 EDTGTIVKindred Healthcare offers to acquire Gentiva Health for $17.25 per share
Subscribe for More Information
July 18, 2014
16:20 EDTGTIVOn The Fly: Closing Wrap
Subscribe for More Information
12:42 EDTGTIVOn The Fly: Midday Wrap
Stocks on Wall Street began the session in positive territory and have remained there throughout the morning. The averages moved in a narrow range for most of the opening hour of the session but spurted to higher levels during the second hour. Investors appear to be using yesterday’s sell-off as a buying opportunity, despite the ongoing events in Russia and Israel that largely contributed to yesterday’s action. ECONOMIC EVENTS: The first release of the University of Michigan consumer sentiment index for July fell to 81.3 after ending June with an 82.5 reading. The leading economic indicator index rose 0.3% to 102.2, which was a bit below the forecast for an increase of 0.5%. COMPANY NEWS: Class A shares of Google (GOOGL) advanced over 3% after the search giant reported quarterly revenue that beat expectations last night. Following its report, at least three Wall Street research firms raised their price targets on the stock, while noted tech analyst Collin Gillis of BGC Financial upgraded the stock to Buy from Hold... Dow component General Electric (GE) reported second quarter EPS of 39c, matching the consensus forecast, and revenue that just missed the consensus view of analysts. The company also reported that it is targeting the initial public offering of IPO of Synchrony Financial (SYF), its North American Retail Finance business, for July. In the IPO, Synchrony is offering 125M shares of its common stock, which will be listed on the New York Stock Exchange under the symbol “SYF,” and anticipates that the IPO price of the shares will be between $23.00 and $26.00 per share... Another Dow member, IBM (IBM), fell 0.4% after reporting adjusted Q2 earnings per share and revenue that beat expectations. Afterward, Cantor said it thinks the worst is over for the company and reiterated its Buy rating on the shares, though Societe Generale downgraded IBM to Sell from Hold and Credit Suisse said IBM continues to be driven by less revenue growth and kept its Underperform rating and $160 price target on Big Blue's stock. MAJOR MOVERS: Among the notable gainers was Skyworks (SWKS), which gained 14% after reporting third quarter results and fourth quarter guidance above analyst estimates and seeing no less than five analyst firms raise their price targets on its stock. Also higher was Gentiva Health (GTIV), which rose 14% after it announced that its board unanimously determined to reject the partial tender offer from Kindred Healthcare (KND) to acquire 14.9% of the outstanding shares of Gentiva for a price of $16.00 per share in cash and disclosed that it has received a $17.25 per share, all-cash takeover proposal from a "recognized owner, operator and investor in the sector." After the announcement, shares of Kindred fell 2%. Also lower following their earnings reports were RealPage (RP), which fell over 21%, and Advanced Micro Devices (AMD), which dropped nearly 18%. INDEXES: Near midday, the Dow was up 107.05, or 0.63%, to 17,083.86, the Nasdaq was up 57.98, or 1.33%, to 4,421.43, and the S&P 500 was up 17.04, or 0.87%, to 1,975.16.
08:51 EDTSTXSeagate upgraded to Buy from Hold at Craig-Hallum
Subscribe for More Information
08:31 EDTBIOSBioScrip appoints Thomas Pettit as Senior VP and COO effective immediately
Pettit will succeed Richard Jenkins, a Managing Director at Alvarez & Marsal, who had served as BioScrip's Interim COO since November 2013. To ensure a smooth transition, Jenkins will continue as a consultant to the company for a short period of time.
07:40 EDTSTXSeagate shares could trade as high as $100, says Brean Capital
Brean Capital remains bullish on Seagate following its Q4 results. The firm expects solid industry demand and improved gross margins and believes the company's revenue guidance is conservative. The firm has a Buy rating and $70 price target on Seagate, but said its stock could trade as high as $100 if earnings, free cash flow, and enterprise value hit the top end of its potential range.
07:25 EDTSTXWestern Digital has positive read through from Seagate results, says RBC Capital
Subscribe for More Information
July 17, 2014
18:31 EDTSTX, GTIVOn The Fly: After Hours Movers
Subscribe for More Information
17:56 EDTSTXWestern Digital down 1.2% after peer Seagate reports Q4 results
17:52 EDTSTXSeagate comes off after hours lows after Q1 revenue guidance
Subscribe for More Information
17:49 EDTSTXSeagate sees Q1 revenue at least $3.55B, consensus $3.54B
Subscribe for More Information
16:43 EDTGTIVGentiva Health up 11.5% after disclosing receipt of $17.25 takeover offer
Subscribe for More Information
16:42 EDTGTIVGentiva says received $17.25 all-cash takeover bid, rejected Kindred $16 offer
Subscribe for More Information
16:36 EDTGTIVGentiva Health rejects prior Kindred Healthcare proposal, receives alternate bid
Subscribe for More Information
16:09 EDTSTXSeagate falls after results, levels to watch
Subscribe for More Information
16:02 EDTSTXSeagate reports Q4 EPS $1.10, consensus $1.10
Subscribe for More Information
15:26 EDTSTXNotable companies reporting after market close
Subscribe for More Information
11:54 EDTSTXStocks with call strike movement; SNDK STX
Subscribe for More Information
08:14 EDTSTXSeagate July weekly volatility elevated into Q2 and outlook
Seagate July weekly call option implied volatility is at 47, August is at 31, September is at 26, December is at 25; compared to its 26-week average of 33 according to Track Data, suggesting large near term price movement into the expected release of Q2 results on July 21.
1 | 2 | 3 | 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