New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 3, 2014
16:50 EDTGM, HLF, AAL, JBLU, UAL, DAL, RAD, FEYE, TM, HMC, F, SOn The Fly: Closing Wrap
Stocks on Wall Street were mixed in the second trading session of the year, with the Dow climbing, the Nasdaq falling, and the S&P 500 finishing virtually flat. Volume remained light, with snow in the northeast and the fractured holiday week perhaps keeping some market participants home. The averages traded in a modest range for much of the session, with commentary from some Fed members, including outgoing chairman Ben Bernanke, moving the markets in the final hour of trade. ECONOMIC EVENTS: In the U.S., the New York ISM fell to 63.8 in December from a prior reading of 69.5. Crude oil inventories fell by more than projected last week, drawing down by about 7M barrels. COMPANY NEWS: Automakers released their U.S. sales data for December, and among the notable reporters was General Motors (GM), which reported sales fell by over 6% during the month compared to last year and shares of the car-maker fell $1.38, or 3.37%, to $39.57 following the announcement. Ford (F) reported December sales grew by almost 2%, while Japanese manufacturers Honda (HMC) reported sales that rose 1.9% and Toyota (TM) saw sales drop 1.7%. Shares of computer-security firm FireEye (FEYE) gained $15.89, or 38.63%, to $57.02 after the company announced last night that it had bought privately held cybersecurity firm Mandiant in a deal valued at $1 billion. FireEye also raised its revenue outlook and analysts at Bank of America Merrill Lynch and JPMorgan increased their price targets on the stock. MAJOR MOVERS: Among the notable gainers was Rite Aid (RAD), up 43c, or 8.53%, to $5.47 after the company reported December same-store sales that rose 2.9%, with analysts at Deutsche Bank noting that this is the pharmacy's best growth in 21 months. Also higher was Delta (DAL), up $1.53, or 5.52%, to $29.23 after reporting that its Passenger Revenue per Available Seat Mile, or PRASM, was up 10% in December compared to the prior year. Delta's airline peers, including United Continental (UAL), up $2.22, or 5.88%, to $39.95, JetBlue (JBLU), up 45c, or 5.23%, to $9.05, and American Airlines (AAL), up $1.18, or 4.65%, to $26.54 also advanced. Among the noteworthy losers was Herbalife (HLF), down $2.74, or 3.43%, to $77.09 after the Federal Trade Commission announced it will hold a press conference next Tuesday to announce an initiative against "deceptive advertising of weight-loss products," though the FTC did not name the products or manufacturers it will target. Also lower was Sprint (S), down 46c, or 4.42%, to $9.94 after the stock was cut to Sell from Hold at Stifel, which said it is skeptical of the company's near-term M&A prospects. INDEXES: The Dow was up 28.64, or 0.17%, to 16,469.99; the S&P 500 was down 0.61, or 0.03%, to 1,831.37; the Nasdaq was down 11.16, or 0.27%, to 4,131.91.
News For GM;F;HMC;TM;FEYE;RAD;DAL;UAL;JBLU;AAL;HLF;S From The Last 14 Days
Check below for free stories on GM;F;HMC;TM;FEYE;RAD;DAL;UAL;JBLU;AAL;HLF;S 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 | 11 | all recent news | >>
July 11, 2014
13:09 EDTSSoftbank near deal to buy T-Mobile, merge with Sprint, Nikkei reports
Subscribe for More Information
13:05 EDTSSoftbank near deal to buy T-Mobile, merge with Sprint, Nikkei reports
Subscribe for More Information
10:35 EDTGMCadillac confirms Johan de Nysschen as president
General Motors (GM) announced the appointment of Johan de Nysschen as President Cadillac. de Nysschen will be responsible for all aspects of Cadillac globally including sales, pricing and network development, strategic brand development and marketing and product portfolio planning, including critical input for product engineering and design. de Nysschen joins the GM executive leadership team as an executive vice president of the company beginning September 1 and reports to GM President Dan Ammann. de Nysschen spent the last two years as head of the Infiniti (NSANY) brand worldwide.
09:11 EDTGMFormer head of Infiniti taking over Cadillac, CNBC reports
Johan de Nysschen, the former head of Infiniti and Audi USA, will be taking over General Motors' Cadillac division, CNBC's Phil LeBeau reports via Twitter.
08:50 EDTFNHTSA probes 500K Ford vehicles for steering issue, Detroit News says
The National Highway Traffic Safety Administration opened a preliminary probe into 500K older Ford vehicles for steering issues, according to the Detroit News, citing comments from the NHTSA. Ford spokeswoman Kelli Felker said the car manufacturer will cooperate with the NHTSA. Reference Link
06:00 EDTRADStocks with implied volatility below IV index mean; RAD BBBY
Stocks with implied volatility below IV index mean; Rite Aid (RAD) 36, Bed Bath & Beyond (BBBY) 18 according to iVolatility.
July 10, 2014
14:15 EDTHLFHerbalife p.r. flurry 'smells of desperation,' Seeking Alpha contributor says
Herbalife, in an effort to inform investors that 21 independent members are traveling to Washington D.C. in support of the company, released six nearly identical press releases this morning, as noted by Seeking Alpha contributor "Quoth the Raven." Putting the news out in this way, via six press releases instead of "one, concise release is unprofessional and farcical - it smells of desperation for positive press," according to the author, who disclosed a short position in the stock. Reference Link
14:01 EDTTMToyota selects KDC to develop new North American headquaters
Toyota announced that it has selected Dallas-based KDC Real Estate Development & Investments, one of America's leading commercial real estate development and investment firms, to develop its new North American headquarters campus in the Legacy West development in Plano, Texas. Toyota recently finalized the purchase of its new headquarters site and expects to begin occupying the campus in late 2016 or early 2017. Once completed, the headquarters will be home to about 4,000 Toyota employees.
12:21 EDTUALOn The Fly: Midday Wrap
Subscribe for More Information
12:18 EDTHMCHonda downgraded to Neutral from Buy at Nomura
12:01 EDTUALConcur partners with United Airlines
Subscribe for More Information
11:35 EDTAALStocks with call strike movement; YHOO AAL
Subscribe for More Information
11:03 EDTUALUnited Continental bounces off $40, levels to watch
The $40 level has been an important support since the start of the year. Any dips below that level have been short-lived and have resulted in bounces with some room to run. At the current price of $42.74, next resistance is at $43.57. Support is at $41.56.
09:56 EDTFFord, Fiat Chrysler inquire about EU changes, FT says
Subscribe for More Information
09:50 EDTFFord 'committed' to South Africa, minimizes worries over strikes, Reuters says
Subscribe for More Information
09:15 EDTUALOn The Fly: Pre-market Movers
HIGHER: Zumiez (ZUMZ), up 5.7% after raising Q2 outlook... DragonWave (DRWI), up 5% after reporting better than expected Q1 results... International Game (IGT), up 3.6% after Italian press report says the company will soon get a $4B offer from GTECH... United Continental (UAL), up 2.9% after reporting June traffic. LOWER: Lumber Liquidators (LL), down 23% after downgraded at Jefferies and Credit Suisse following the company's reduced full-year outlook. Tile Shop (TTS), which also serves flooring customers, down 5.5% following Lumber Liqudators' profit warning... Family Dollar (FDO), down 1.9% after reporting Q3 earnings that missed expectations... Tractor Supply (TSCO), down 5.9% after reporting Q2 preliminary results, saying it now sees FY14 results at low end of guidance range... Liquidity Services (LQDT), down 8% after revising Q3 guidance after its sales of selected rolling stock and other assets under its Surplus Contract with the U.S. Defense Logistics Agency have ceased at the request of DLA... Potbelly (PBPB), down 18% after lowering its Q2 and FY14 outlook... Memorial Production Partners (MEMP), down 7.4% after filing to sell 8.6M shares of common units for partners... Kosmos (KOS), down 3.3% after filing to sell 17M shares of common stock.
08:03 EDTUALUnited Continental update should lead stock higher, says UBS
Subscribe for More Information
06:28 EDTUALOptions expected to be active
Options expected to be active: LL PBPB VNO FDO WFC COST ZUMZ UAL BA
06:24 EDTGMGeneral Motors to replace faulty ignition switch kits, Detroit News says
Subscribe for More Information
06:06 EDTGMGM recalling Saab convertibles due to safety defect, Detroit News reports
Around 28,790 Saab convertibles from the 2004-2011 model years are being recalled by General Motors, as the driver's seat belt retractor can break, the Detroit News reports. Reference Link
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 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