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Stock Market & Financial Investment News

News Breaks
January 16, 2013
09:15 EDTYHOO, CROX, CMG, GNW, WEN, VRA, DELL, BA, JPM, GSOn The Fly: Pre-market Movers
UP AFTER EARNINGS/GUIDANCE: Goldman Sachs (GS), up 2.4%... Vera Bradley (VRA), up 6.7%... Wendy's (WEN), up 4.1%... ALSO HIGHER: Yahoo (YHOO), up 2.7% after report that Alibaba (ALBCF) hired Credit Suisse and Goldman Sachs for Hong Kong IPO... Genworth Financial (GNW), up 11.3% after changes to mortgage insurance unit... DOWN AFTER EARNINGS/GUIDANCE: Chipotle (CMG), down 8.2%... Crocs (CROX), down 4.8%... JPMorgan (JPM), down 0.3%... ALSO LOWER: Dell (DELL), down 3.6% after CNBC's David Faber says a buyout deal for the company would likely be worth $13.50-$14 per share... Boeing (BA), down 3.5% after two Japanese carriers ground fleets of 787 Dreamliners.
News For GS;JPM;BA;DELL;VRA;WEN;GNW;CMG;CROX;YHOO From The Last 14 Days
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June 19, 2013
09:25 EDTBABoeing, Alcoa form 'closed loop' program to increase alloy recycling
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08:08 EDTYHOOMerkel tells Obama: Internet monitoring must have proper limits, Reuters reports
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08:03 EDTBABoeing and Travel Service announce commitment for three 737 MAXs
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07:25 EDTCMGChipotle won't benefit significantly from Qdoba closures, says Wells Fargo
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07:23 EDTBABoeing speeds up first delivery of 737 MAX
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07:01 EDTBABoeing and Oman announce order for next-generatoin 737s
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06:39 EDTDELLSoutheastern lowers stake in Dell to 4.1% after Icahn sale
Southeastern Asset Management confirmed in a regulatory filing that it sold 71.66M shares of Dell at $13.52 to Carl Icahn, which lowered its stake in the computer maker to 4.1%. Southeastern said it also agreed to sell an additional 352.5K shares to Icahn at $13.52 per share.
06:07 EDTBABoeing, Ryanair finalize order for 175 Next-Gen 737-800
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05:51 EDTDELLStocks with implied volatility movement; GLD DELL
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05:39 EDTBACIT Group orders 30 737 MAX 8s from Boeing
Boeing (BA) and CIT Group (CIT) announced that CIT Aerospace has placed an order for 30 737 MAX 8s. As of March 31, CIT owned or financed a fleet of approximately 350 commercial aircraft, including operating lease and financing agreements in place for 128 Boeing aircraft.
June 18, 2013
19:58 EDTBABoeing 787 makes emergency landing, WSJ reports
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17:16 EDTDELLDell special committee responds to Carl Icahn's latest proposal
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16:20 EDTDELLSoutheastern says Icahn in best position to lead alternative Dell transaction
In a regulatory filing Southeastern Asset Management stated: "Southeastern Asset Management continues to believe that the Michael Dell / Silver Lake management buyout proposal undervalues the company and its prospects going forward. Southeastern and Icahn Associates have been working diligently to provide a better alternative for shareholders.Southeastern has determined that Icahn is in the best position to lead the development of an alternative transaction and to generate a better outcome for shareholders. Southeastern has therefore agreed to sell approximately 72,010,328 shares to Icahn, making Icahn the largest outside shareholder of Dell. Southeastern intends to vote its approximately 72,010,328 remaining shares of Dell stock against the $13.65 Michael Dell / Silver Lake management buyout proposal. Furthermore, Southeastern intends to vote its shares at Dell’s Annual Meeting in favor of the slate of highly qualified director candidates it and Icahn submitted to the Company. Icahn has Southeastern’s full support as it leads the proxy fight in the interest of all shareholders against the undervalued management buyout proposal. Southeastern will continue to participate in the proxy contest with Icahn to defeat the Michael Dell / Silver Lake management buyout proposal."
16:06 EDTDELLIcahn reports 8.68% stake in Dell
12:49 EDTDELLIcahn proposes Dell engage in $14 per share tender offer
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12:32 EDTDELLIcahn says bought 72M Dell shares from Southeastern
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12:28 EDTDELLIcahn proposes Dell commence tender offer for 1.1B shares at $14
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12:27 EDTDELLIcahn issues letter to Dell holders, proposes $14/share tender offer
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10:12 EDTBABoeing, Korea Air announce commitment to purchase 11 airplanes for $3.6B
Boeing and Korean Air announced that the airline has agreed to purchase five 747-8 Intercontinental airplanes and six 777-300ER jetliners, valued at approximately $3.6B at current list prices.
10:11 EDTBA100 export orders expected for V-22 Osprey, Defense News reports
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