New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 14, 2012
12:37 EDTGE, ADBE, PAY, BBY, CNC, SZYM, AVG, YHOOOn The Fly: Midday Wrap
Stocks on Wall Street were lower at midday despite better than expected reports on U.S. industrial production and Chinese manufacturing activity. The data, however, had little impact as investors continue to wait for a break through on the fiscal cliff negotiations. The market has moved in a narrow range during the morning hours and shows little sense of direction... ECONOMIC EVENTS: In the U.S., a report showed consumer prices declined 0.3% in November, mainly because of falling gasoline costs. When food and energy are removed from the equation, "core" prices increased 0.1%, versus expectations for them to rise 0.2%. Markit's preliminary manufacturing PMI improved to 54.2 in December, versus the 52.8 final reading for November. Industrial production beat expectations with a 1.1% increase in November, versus expectations for a rise of 0.3%. Industrial production capacity utilization rose to 78.4%, which was a bit more than an expected move up to 78.0%. In China, Markit's flash China PMI rose to a 14-month high reading of 50.9, beating expectations for a 50.8 reading. In Europe, Germany's flash PMI hit an 8-month high with a 50.2 reading, while France hit a 4-month high at 45.0, though its figure still indicates contraction... COMPANY NEWS: General Electric (GE) boosted its dividend by 12% to 19c per share and increased its existing share repurchase authorization by $10B... Among companies reporting earnings last night, Adobe (ADBE) advanced nearly 6% while VeriFone (PAY) declined over 10%... MAJOR MOVERS: Among the notable gainers were Solazyme (SZYM), up about 11% after announcing it has reached commercial-scale output at a facility in Iowa, and AVG Technologies (AVG), up 9% after announcing a new Search and Distribution relationship with Yahoo! (YHOO). Among the noteworthy losers was Best Buy (BBY), which fell over 15% after its board extended the deadline for founder Richard Schulze to deliver a potential buy-out bid. Also lower were shares of Centene (CNC), down over 8% after the company cut its FY12 EPS guidance... INDICES: Near 12:30 pm ET, the Dow was down 4.05, or 0.03%, to 13,166.67; the Nasdaq was down 10.15, or 0.34%, to 2,982.01; and the S&P 500 was down 2.50, or 0.18%, to 1,416.95.
News For GE;ADBE;PAY;BBY;CNC;SZYM;AVG;YHOO From The Last 14 Days
Check below for free stories on GE;ADBE;PAY;BBY;CNC;SZYM;AVG;YHOO the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | 7 | all recent news | >>
July 14, 2014
09:28 EDTCNCCentene best positioned Medicaid pure play to post Q2 EPS beat, says Sterne Agee
Subscribe for More Information
09:06 EDTGEEmirates signs $13B GE9X services agreement
Subscribe for More Information
08:40 EDTYHOOYahoo, AOL unlikely to be plotting merger at Sun Valley conference, Re/code says
Subscribe for More Information
07:43 EDTGEGE far ahead of Caterpillar in race for cleaner diesel train, WSJ says
Caterpillar (CAT) has fallen far behind in the race to offer a locomotive that meets stricter emission standards taking effect next year, with its Electro-Motive Diesel unit stating that its freight trains probably won't be available until 2017, while General Electric (GE) is already testing trains that comply with the new rules, reported The Wall Street Journal. Reference Link
06:05 EDTYHOOYahoo acquires Israeli video startup RayV, terms not disclosed
Subscribe for More Information
July 13, 2014
11:40 EDTGEAmerican selects CFM engine to power A320 in order valued $2.6B
American Airlines (AAL) has selected CFM International’s advanced LEAP-1A engine to power its new fleet of 100 Airbus (EADSY) A320neo family aircraft. CFM values the engine order at $2.6B U.S. at list price. The aircraft order was originally announced in July 2011 and American will begin taking delivery in 2017. American also has orders for LEAP-1B engines to power 100 Boeing 737 MAX aircraft, which are also scheduled to be delivered beginning in 2017. American has been a CFM customer since 1996 and the airline’s fleet includes 375 Airbus A320 Family and Boeing 737 aircraft powered by CFM56 engines. CFM International is a 50/50 joint company between Safran and General Electric (GE).
July 12, 2014
18:08 EDTGEeasyJet said to choose GE-Safran engine for Airbus jets, WSJ says
easyJet (ESYJY) is set to order engines from a partnership of General Electric (GE) and France's Safran to power 100 Airbus Group (EADSY) NV A320neo jets, says the Wall Street Journal. According to the WSJ report United Technologies (UTX) unit Pratt & Whitney was also aggressively competing for the order. Reference Link
July 11, 2014
18:18 EDTYHOOAlibaba may expand board to 11 after IPO
Subscribe for More Information
11:45 EDTYHOOStocks with call strike movement; YHOO WFM
Subscribe for More Information
11:16 EDTYHOOAOL, Yahoo CEOs have late-night talk, WSJ reports
Subscribe for More Information
08:05 EDTGEGE Capital increases credit facility for OraMetrix
GE Capital’s Healthcare Financial Services business announced that it is the sole lender on a $10M senior secured term loan for OraMetrix. This transaction refinances the company’s previous $7.5M multi-draw senior secured term loan facility and provides it with an additional $2.5M. The funds will be used for working capital and growth initiatives.
08:03 EDTGEGE Capital provides MerchSource with $130M credit facility
GE Capital announced it is providing MerchSource with a $130M senior credit facility providing working capital for the company’s operations in the U.S. and Hong Kong.
07:45 EDTGEWith Alstom agreement settled, attention on GE turns to earnings, Reuters says
Subscribe for More Information
06:16 EDTBBYBest Buy price target raised to $36 from $31 at Citigroup
Subscribe for More Information
July 10, 2014
17:49 EDTYHOOAlibaba may begin IPO process by end of month, WSJ reports
Subscribe for More Information
11:35 EDTYHOOStocks with call strike movement; YHOO AAL
Subscribe for More Information
07:29 EDTGEGeneral Electric volatility elevated into Q2 and revenue outlook
Subscribe for More Information
07:11 EDTCNCAetna, WellPoint top large-cap Managed Care picks at Jefferies
Jefferies calls Aetna (AET) and WellPoint (WLP) its favorite large-cap picks in the Managed Care space, with Health Net (HNT) its favored name in the small to mid-cap space. The firm believes the market is already expecting strong Q2 results from the sector, and it downgraded UnitedHealth (UNH) to Hold from Buy on valuation and below-peer earnings growth. Jefferies has Buy ratings on Aetna, Health Net, Molina Healthcare (MOH) and WellPoint.
06:23 EDTCNCHealth insurers moving away from fee for service model, NY Times reports
Subscribe for More Information
06:00 EDTPAYeBay repatriated cash likely to be used for M&A, says Piper Jaffray
Piper Jaffray believes a large part of the $9B in cash eBay expects to repatriate to the U.S. will be used for acquisitions in the payments space. The cash, equating to $6B net of taxes, could help eBay take advantage of the shift to mobile payments, the firm says. Piper lists Square, VeriFone (PAY), iZettle and Corduro as companies in the payment space that are within acquisition range for eBay. The firm has an Overweight rating on eBay with a $63 price target.
1 | 2 | 3 | 4 | 5 | 6 | 7 | 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