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Stock Market & Financial Investment News

News Breaks
December 10, 2013
09:09 EDTALOG, GNK, NAVB, MU, PBY, BRCM, TOL, RMBS, IEP, EGLE, GERN, ARIA, LULU, GMOn The Fly: Pre-market Movers
HIGHER: Toll Brothers (TOL), up 2.6% following earnings report. Broadcom (BRCM), up 2% after issuing revenue guidance... Rambus (RMBS), up 10% after announcing a broad patent cross license agreement with Micron Technology (MU)... Navidea (NAVB), up 14% after granted FDA Fast Track Designation for Lymphoseek Injection... ARIAD (ARIA), up 9.6% following upgrade at Stifel... Lululemon (LULU), up 2% after founder, non-executive chairman Chip Wilson to resign, appoints Laurent Potdevin CEO... Blackhawk (HAWK), up 4.8% following upgrade at Citigroup. DOWN AFTER EARNINGS: Pep Boys (PBY), down 12%... Analogic (ALOG), down 11.5%. ALSO LOWER: General Motors (GM), down 0.8% after company announces accelerated retirement of CEO Akerson, U.S. completes exit from stake... Icahn Enterprises (IEP), down 8.8% after announcing the sale of 2M depositary units representing limited partnership interest in the company... Genco (GNK), down 36% after WSJ says the company and Shippers Eagle Bulk (EGLE), are working with advisers to cut debt. Eagle Bulk shares are also down 27% after the report.
News For GM;LULU;RMBS;MU;ARIA;TOL;NAVB;GERN;BRCM;GNK;EGLE;PBY;ALOG;IEP From The Last 14 Days
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April 8, 2014
07:17 EDTGMChina car sales up 9% as curbs spark early purchases, Bloomberg says
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07:14 EDTGMGM SUVs earn top scores among rivals in crash test, Bloomberg says
The Insurance Institute for Highway Safety said GM's (GM) Chevrolet Equinox and GMC Terrain earned the highest scores among mid-size sport-utility cars in a test made to simulate one of the deadliest kinds of front-end crashes, according to Bloomberg, citing a statement from IIHS's Chief Research Officer David Zuby. Toyota's (TM) Highlander earned an "acceptable" rating, while the other six cars that were tested were given a "marginal" or "poor" rating. Reference Link
April 7, 2014
20:02 EDTBRCMRadiSys announces small cell software for Broadcom SoC solutions
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17:25 EDTGMGeneral Motors to invest $450M in electric cars, WSJ says
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14:16 EDTGMGroup says General Motors' Impala could have air bag defect, Bloomberg reports
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14:01 EDTMUMicron weakness a buying opportunity, says Sterne Agee
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13:50 EDTMUMicron shares defended at Sterne Agee
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13:10 EDTLULUlululemon weekly volatility elevated into Analyst Day
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13:05 EDTMUAnalyst says semiconductor stocks attractive after decline
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11:21 EDTMUOptions with decreasing implied volatility: QCOR MU KMX EPB
11:17 EDTGMGeneral Motors upgraded to Buy from Hold at Standpoint Research
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11:05 EDTGNK High option volume stocks: EXC QCOR SQQQ GNK PPG
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10:07 EDTARIAARIAD has a conference call hosted by JPMorgan
JPMorgan Analysts Meacham and Kasimov will host a conference call with CEO Harvey Berger on April 10 at 10 am.
08:16 EDTMUPullback in semiconductor stocks creates buying opportunity, says Sterne Agee
After many semiconductor stocks dropped significantly on Friday, Sterne Agee thinks that the group's fundamental mid to long-term outlook hasn't changed. Sterne Agee thinks the companies are poised to benefit from strong product cycles and earnings leverage. It is most upbeat on Micron (MU), NXP Semiconductors (NXPI), Avago (AVGO), Skyworks (SWKS), and SanDisk (SNDK). The firm keeps Buy ratings on all the stocks named.
07:38 EDTLULUlululemon reiterated as a Buy ahead of Analyst Day at Topeka
Topeka expects lululemon's April 17 Analyst Day to be a "very positive" event and reiterates its Buy rating and $70 price target ahead of the event. The analyst said the new CEO is on a marketing offensive as the store base expands worldwide and new heads of merchandising and sourcing are working to maintain a high quality, innovative product.
06:35 EDTGMGM investors keep faith as recall reduces $3B in value, Bloomberg says
A variety of institutional investors in GM say they still feel confident in the stock after the recall crisis reduced more than $3B in shareholders’ value over four weeks, reported Bloomberg. Reference Link
06:29 EDTGMGeneral Motors considers range of options for victim-compensation, WSJ says
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April 6, 2014
18:12 EDTGMGM to begin fixing faulty ignition switches, WSJ says
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16:07 EDTGMGM's Opel brand planning compact electric car by 2017, Reuters says
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14:53 EDTGMMcCaskill says GM ignition case could lead to criminal charges, Reuters says
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