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Stock Market & Financial Investment News

News Breaks
September 10, 2012
10:25 EDTINFA, INFA, INFA, HITT, HITT, HITT, SNPS, SNPS, SNPS, NATI, NATI, NATI, ARRS, ARRS, ARRS, VELT, VELT, VELTDeutsche Bank to host a conference
2012 Access Technology Conference is being held in Las Vegas on September 11-13 with webcasted company presentations to begin on September 11 at 10:30 am; not all company presentations may be webcasted. Webcast Link
News For HITT;SNPS;NATI;ARRS;VELT;INFA From The Last 14 Days
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May 16, 2013
07:26 EDTVELTJPMorgan to host a conference
41st Annual Global Technology, Media & Telecom Conference is being held in Boston on May 14-16 with webcasted company presentations to begin on May 16 at 8 am; not all company presentations may be webcasted. Webcast Link
May 15, 2013
09:47 EDTARRSArris May volatility elevated into Q2 and outlook
Arris May call option implied volatility is at 51, June is at 27, August is at 28; compared to its 26-week average of 29 according to Track Data, suggesting larger near term price movement into the expected release of Q2 results today after the market close.
May 14, 2013
17:48 EDTINFALone Pine gives quarterly update on stakes
NEW STAKES: Valeant Pharmaceuticals (VRX), Virgin Media (VMED), Thermo Fisher Scientific (TMO), CME Group (CME), and Liberty Media (LMCA). INCREASED STAKES: Mead Johnson Nutrition (MJN), News Corp (NWSA), Intuitive Surgical (ISRG), Monsanto (MON), and Qualcomm (QCOM). DECREASED STAKES: Cognizant Technology Solutions (CTSH), Equinix (EQIX), Ralph Lauren (RL), Disney (DIS), and Oceaneering International (OII). LIQUIDATED STAKES: Facebook (FB), Crown Castle (CCI), Accretive Health (AH), Informatica (INFA), and NetEase (NTES).
16:23 EDTVELTOn The Fly: Closing Wrap
Stocks on Wall Street were higher on a Tuesday again, keeping the strange "Tuesday in 2013" streak alive. Some positive domestic economic data and bullish commentary from Appaloosa Management's David Tepper set the tone early and the averages traded with an upward bias for almost the entire trading day. Today's advance means that every Tuesday this year has seen the market log gains, and investors will have to wait another week to see if the pattern continues. ECONOMIC EVENTS: The NFIB small business optimism index for April rose to 92.1, versus expectations for it to climb to 90.3 from its prior 89.5 reading. Import prices were reported to have declined 0.5% in April, which was in-line with expectations. Export prices declined 0.7%, versus a forecast for a 0.1% drop in the month. COMPANY NEWS: Dell (DELL) shares lost 6c, or 0.44%, to $13.46 after Dow Jones said the company will report first quarter non-GAAP earnings of 20c per share, 15c below current consensus estimates. That followed an earlier report from CNBC's David Faber, who also said the company will report earnings that miss expectations and accurately called that Dell has moved its report to Thursday, which is earlier than had been expected... Sony (SNE) shares added $1.87, or 9.9%, but closed off their best levels at $20.76 after the New York Times reported that Dan Loeb of Third Point has built a 6.5% stake and proposes that the company take its entertainment unit public. MAJOR MOVERS: Among notable gainers was InterOil (IOC), up $7.46, or 9.57%, to $85.39 after reporting its earnings and saying its talks with "major oil companies and a national oil company" about a potential LNG partnership are in the final stages. Also higher was SodaStream (SODA), up $6.79, or 11.85%, to $64.08 after at least two analyst firms raised their price target on shares following yesterday's analyst day presentations. Among noteworthy losers was Solar City (SCTY), down $4.44, or 12.37%, to $31.44 after the company's first quarter earnings missed expectations and the stock was downgraded by at least two firms. Also lower was Velti (VELT), down 29c, or 14.5%, to $1.71 after its revenue outlook fell below estimates. INDICES: The Dow was up 123.57, or 0.82%, to 15,215.25; the Nasdaq was up 23.82, or 0.69%, to 3,462.61; and the S&P 500 was up 16.57, or 1.01%, to 1,650.34.
12:32 EDTVELTOn The Fly: Midday Wrap
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May 13, 2013
18:56 EDTVELTOn The Fly: After Hours Movers
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16:58 EDTVELTVelti reaffirms FY13 EBITDA view
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16:57 EDTVELTVelti sees Q2 revenue $42M-$45M, consensus $55.16M
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16:54 EDTVELTVelti sees FY13 revenue lower than original mid-point view of $267.5M
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16:52 EDTVELTVelti names Mari Baker COO
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16:50 EDTVELTVelti reports Q1 EPS (27c) , consensus (33c)
Reports Q1 revenue $ $41M, consensus $42.14M.
May 10, 2013
16:40 EDTVELTVelti files to sell 6.02M ordinary shares for holders
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14:12 EDTARRSArris to host a conference call
Management provides 2Q13 financial guidance and overall 2013 outlook on a conference call to be held on May 15 at 6 pm .Webcast Link
May 6, 2013
16:54 EDTVELTVelti files to sell up to 16.53M ordinary shares for holders
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