New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 14, 2012
16:25 EDTARIA, PAY, QUAD, ADBE, BBY, RIGL, GEOn The Fly: Closing Wrap
Stocks on Wall Street finished lower after the averages sat just below the flat line for much of the session. Stocks moved lower during the final ninety minutes of trading, leaving each of the major averages down on the week... 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... 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) shares rose $2.05, or 5.77%, to $37.58, while shares of VeriFone (PAY) declined $3.63, or 10.92%, to $29.60... MAJOR MOVERS: Among the notable gainers was Rigel Pharmaceuticals (RIGL), up $1.01, or 18.33%, to $6.52 after Leerink called the recent pullback a "temporary dislocation" and maintained an Outperform rating in the name. Also higher were shares of Quad/Graphics (QUAD), up $2.40, or 14.36%, to $19.11 after the company increased its quarterly dividend by 20% and declared a $2.00 per share special dividend. Among noteworthy losers was Aria Pharmaceuticals (ARIA), down $4.95, or 20.73%, to $18.93 after announcing that its leukemia treatment was approved by the FDA, though the regulator required that the drug include a "Boxed Warning." Shares of Best Buy (BBY) also slid $2.07, or 14.66%, to $12.05 after the company's board extended the deadline for founder Richard Schulze to deliver a potential buy-out bid... INDICES: The Dow was down 35.71, or 0.27%, to 13,135.01; the Nasdaq was down 20.83, or 0.70%, to 2,971.33; the S&P 500 was down 5.87, or 0.41%, to 1,413.58.
News For GE;ADBE;PAY;RIGL;QUAD;ARIA;BBY From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
November 19, 2014
15:31 EDTBBYNotable companies reporting before tomorrow's open
Subscribe for More Information
15:01 EDTBBYBest Buy technical comments before results
Subscribe for More Information
13:33 EDTBBYBest Buy November 36 straddle priced for 8.2% move into Q3
Subscribe for More Information
13:20 EDTGEGeneral Electric to partner with Chinese companies on energy, China Daily says
Subscribe for More Information
08:04 EDTGEGE Healthcare announces Omnyx collaboration with Caradigm
GE Healthcare announced it will resell Caradigm’s Single Sign-On and Context Management solutions in the United States, Canada, and specific EU countries to provide connectivity between the Omnyx digital pathology platforms and designated Anatomic Pathology Laboratory Information Systems.
07:26 EDTBBYBest Buy November volatility elevated into Q3 and holiday outlook
Subscribe for More Information
05:58 EDTBBYStocks with implied volatility above IV index mean; BBY SPLS
Subscribe for More Information
November 18, 2014
15:02 EDTBBYBest Buy management to meet with Jefferies
Meeting to be held in Boston on November 25 hosted by Jefferies.
15:01 EDTBBYBest Buy management to meet with B. Riley
Subscribe for More Information
07:36 EDTADBEUBS to hold a conference
Global Technology Conference to be held in Sausalito, California on November 18-20 with webcasted company presentations to begin on November 18 at 10:45 am; not all company presentations may be webcasted. Webcast Link
November 17, 2014
15:45 EDTBBYBest Buy remains a top pick for the holiday season at BofA/Merrill
Subscribe for More Information
10:31 EDTGEGE sees China order growth despite slowing economy, WSJ says
Subscribe for More Information
07:39 EDTBBYBest Buy price target raised to $42 from $35 at Stifel
Subscribe for More Information
07:05 EDTBBYBest Buy price target raised to $40 from $36 at RBC Capital
Subscribe for More Information
November 14, 2014
17:07 EDTBBYSoros Fund Management gives quarterly update on stakes
Subscribe for More Information
11:48 EDTBBYStocks with call strike movement; GILD BBY
Subscribe for More Information
09:38 EDTGEActive equity options trading
Subscribe for More Information
08:04 EDTGEGE Capital provides $37.5M credit facility to Specialty's Cafe & Bakery
Subscribe for More Information
08:00 EDTGEHalliburton, Baker deal would face 'intense' DOJ scrutiny, says Jefferies
Subscribe for More Information
07:36 EDTBBYBest Buy price target raised to $36 from $32 at UBS
UBS raised its price target on Best Buy to $36 from $32 ahead of its Q3 results. The firm sees a favorable near-term set-up, citing the company's cash balances, selection of premium products, and focused strategy of promotions deployment and expenses. UBS reiterates its Buy rating on Best Buy shares.
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