New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 18, 2013
12:20 EDTSTT, FB, MS, FNSR, PATH, AAPL, GE, COF, LIFE, INTCOn The Fly: Midday Wrap
Stocks on Wall Street were lower at midday, as earnings reports and economic data did little to spur the markets. Shares of Intel (INTC), Apple (AAPL), and Facebook (FB) were all trading lower at midday, weighing on the Nasdaq, while the Dow and S&P sat a bit below the flat-line after both averages touched five-year highs during yesterday's trading... ECONOMIC EVENTS: In the U.S., the preliminary University of Michigan Consumer Confidence reading dropped to 71.3, versus an expected first look reading of 75.0 for January. In Asia, China's GDP grew 7.9% in the final quarter of the year. The late-year rebound led the nation's full year GDP to grow 7.8%, beating analyst consensus of 7.7% and the government's 7.5% target. Also, Japan's stock market surged on increased expectations that the government will take even more aggressive easing steps... COMPANY NEWS: General Electric (GE) reported earnings that were just above Street estimates and a record equipment and services backlog of $210B to end the year, sending shares up almost 3% at midday... Morgan Stanley (MS) also reported earnings that beat consensus estimates, and the company said expenses could decline by about $1.6B through 2014. Shares of Morgan Stanley were leading the financial sector at midday, up over 7.5%... Intel dropped 6.5% at midday after the company reported earnings last night that were generally in-line with Street estimates, though investor concerns over slowing sales and continued capital spending spurred a sell-off of shares... MAJOR MOVERS: Among the notable gainers was Life Technologies (LIFE), up about 10.6% as a number analysts said a takeover or leveraged buyout could be in the works for the company following a media report indicating talks are ongoing. Also higher were shares of NuPathe (PATH), up 8.2% after the company's migraine treatment Zecuity received FDA approval, and State Street (STT), up 5.9% after the company reported earnings that beat estimates and announced the elimination of 630 jobs worldwide. Among noteworthy losers were shares of Capital One Financial (COF), down 8.3% after Janney Capital downgraded shares to Neutral citing last night's disappointing Q4 results, and Finisar (FNSR), down 7.4% following a downgrade to Underperform at Jefferies... INDICES: Near noon, the Dow was down 21.64, or 0.16%, to 13,574.38; the Nasdaq was down 14.97, or 0.48%, to 3,121.03; and the S&P 500 was down 3.85, or 0.26%, to 1,477.09.
News For GE;MS;INTC;AAPL;FB;LIFE;PATH;STT;COF;FNSR From The Last 14 Days
Check below for free stories on GE;MS;INTC;AAPL;FB;LIFE;PATH;STT;COF;FNSR 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 | 8 | 9 | 10 | all recent news | >>
April 4, 2014
09:36 EDTFB, AAPLActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL TSLA MU GNK AMZN FB GILD MA NFLX
08:49 EDTMSMorgan Stanley well positioned to beat Q1 Street expectations, says Macquarie
Macquarie said Morgan Stanley is best positioned to beat Q1 Street expectations of 62c due to mix and easier comps.
08:18 EDTAAPLApple June quarter results likely to miss expectations, says BMO Capital
Subscribe for More Information
08:02 EDTGESam's Club extends contract for branded credit card program with GE Capital
Samís Club, a division of Wal-Mart Stores (WMT), has finalized a multi-year agreement with GE Capital Retail Bank (GE) to extend their existing relationship to provide Samís Club-branded credit cards to club members in the U.S. and Puerto Rico. As part of the extension, GE Capitalís Retail Finance business will continue to manage and service the credit card programs for Samís Club Savings, Business and Plus members. Under the agreement, the Samís Club co-branded credit card programs will be converted to MasterCard (MA) later this year. Walmart has also extended their relationship with GE Capital Retail Bank and branded cards will transition to MasterCard later this year.
08:02 EDTFBFacebook met with anonymous app maker Secret but didn't make offer, Re/code says
Subscribe for More Information
07:27 EDTMSMorgan Stanley pushes back at HFT accusations, FT says
Subscribe for More Information
06:14 EDTAAPLApple acquires Novauris, terms not disclosed, Re/code reports
Apple has confirmed that it has acquired Novauris Technologies, a speech technology company, Re/code reports. Reference Link
06:12 EDTFBFacebook paid researchers $1.5M to fix software bugs
Facebook paid out more than $1.5M to security researchers who helped it find and fix software bugs and security vulnerabilities in its software code, the company said. The company says it has been working to grow its bug bounty program since 2011, and "We received 14,763 submissions in 2013, a 246% increase from 2012. Of these, 687 were valid and eligible to receive rewards. 6% of eligible bugs were categorized as high severity. We've paid over $2M since we got started in 2011, and in 2013 we paid out $1.5M to 330 researchers across the globe. 2014 is looking good so far. The volume of high-severity issues is down, and we're hearing from researchers that it's tougher to find good bugs." Reference Link
April 3, 2014
16:16 EDTINTCGlobalfoundries in lead to buy IBM chip plants, TSMC out of talks, WSJ says
IBM (IBM) has held talks with Globalfoundries, Intel (INTC) and Taiwan Semiconductor (TSM) regarding its semiconductor manufacturing operations, and Globalfoundries appears to be in the lead as the most likely potential buyer, according to The Wall Street Journal, citing people familiar with the matter. IBM initially asked for more than $2B and bids have come in "north of $1B," the report noted, adding that Intel is still involved, but TSMC has dropped out of the talks. Reference Link
16:00 EDTINTC, AAPLOptions Update; April 3, 2014
Subscribe for More Information
15:49 EDTINTCGlobalfoundries in lead to buy IBM chip plants, TSMC out of talks, DJ says
IBM (IBM) also held talks with Intel (INTC), according to Dow Jones, citing sources.
13:38 EDTFBFacebook retests the $60 area, levels to watch
Subscribe for More Information
10:01 EDTINTCIntel climbs following upbeat note from analyst
Subscribe for More Information
10:00 EDTINTCOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:37 EDTAAPLActive equity options trading on open
Subscribe for More Information
09:30 EDTGE, AAPLApple, Pfizer others create 'go slow' patent lobby group, Reuters says
Subscribe for More Information
07:40 EDTAAPLApple bulls bet new products to prompt stock revival, Bloomberg says
Subscribe for More Information
07:38 EDTMSPortat calls too few women leading U.S. firms 'embarrassment,' Bloomberg says
Subscribe for More Information
06:10 EDTFBGoogle's LeBeau hired by Facebook, TechCrunch reprots
Google (GOOG) product designer Mike LeBeau has been hired by Facebook (FB), TechCrunch reports. LeBeau had a hand in developing several voice-related technologies, including iPhone Voice Search, while working as a staff software engineer and product designer at Google, and was an early member of the Android team. LeBeau will become a product manager at Facebook. Reference Link
06:01 EDTFBInstagram fixing bug that hides users' photos, AP reports
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 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