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Stock Market & Financial Investment News

News Breaks
January 9, 2013
16:20 EDTHLF, CLWR, DISH, S, NUVA, ININ, APOL, HAOn The Fly: Closing Wrap
Stocks on Wall Street were higher as Alcoa's (AA) report and outlook sparked optimism regarding the Q4 earnings season that is just beginning. The averages drifted for much of the session, moving lower just after midday and again losing some ground prior to the close, but held onto enough of their gains to finish the day in positive territory... ECONOMIC EVENTS: In the U.S., the EIA's weekly petroleum status update showed that inventories of crude oil built up but by fewer barrels than expected, while gasoline and distillates built up by more than expected. In Europe, industrial output in Germany grew slightly in November but fell short of expectations, as the 0.2% adjusted monthly rise missed expectations for a 1.0% increase... COMPANY NEWS: Herbalife (HLF) dominated the headlines through the day, as Dan Loeb's hedge fund Third Point disclosed an 8.24% stake in the company this morning, sending shares sharply higher. Herbalife continued to trade higher until a Dow Jones headline said the SEC will open an investigation of the company, sending shares temporarily down almost $4. Shares of Herbalife, however, reversed again and finished the day up $1.60, or 4.17%, to $39.95 ahead of tomorrow's much anticipated investor meeting to address Bill Ackman's short thesis... Shares of Clearwire (CLWR) gained 21c, or 7.19%, to $3.13 after the company got an unsolicited $3.30 per share buyout bid from Dish Network (DISH). Sprint (S), which already owns a majority stake in Clearwire and has a deal in place to acquire the remaining interest in the company, saw its shares fall 9c, or 1.51%, to $5.88 following the news... MAJOR MOVERS: Among the notable gainers was NuVasive (NUVA), which rose $1.70, or 10.79%, to $17.46 after reporting preliminary revenue that beat expectations and having its stock upgraded to Sector Perform at RBC Capital. Also higher were shares of Interactive Intelligence (ININ), up $6.12 or 18.60%, to $39.02 after the company reported Q4 orders were up 119% over last year and gave an FY13 revenue view above consensus. Among the noteworthy losers was Apollo Group (APOL), down $1.61, or 7.69%, to $19.33 following its Q1 earnings report last night. Also lower were shares of Hawaiian Holdings (HA), down 46c, or 6.52%, to $6.59 following a two notch downgrade to Underperform from Buy at Bank of America Merrill Lynch... INDICES: The Dow was up 61.66, or 0.46%, to 13,390.51; the Nasdaq was up 14.00, or 0.45%, to 3,105.81; and the S&P 500 was up 3.87, or 0.27%, to 1,461.02.
News For HLF;CLWR;DISH;S;NUVA;ININ;APOL;HA From The Last 14 Days
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October 17, 2014
10:51 EDTDISHOptions with increasing implied volatility
Options with increasing implied volatility: COV DISH HLT QEP GREK BKW BYI LLY DTV TIBX
October 15, 2014
07:07 EDTAPOLFor profit education positive catalysts outweigh negative, says Wells Fargo
Wells Fargo expects for-profit education stocks to benefit from improved hiring trends and a sale by Corinthian of its assets that, according t othe firm ,would set a valuation floor for the sector. The firm continues to believe that the final gainful employment rule will be neutral to positive for the group. Wells favors the option value on the long side for the sector. Publicly traded companies in the space include American Public Education (APEI), Apollo Education (APOL), Bridgepoint Education (BPI), Career Education (CECO), Corinthian Colleges (COCO), DeVry (DV), Grand Canyon (LOPE), ITT Educational (ESI) and Strayer (STRA).
October 14, 2014
07:54 EDTST-Mobile, Sprint risk turnover courting lower-credit subscribers, WSJ says
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October 13, 2014
09:01 EDTHLFHerbalife moving distributor websites to central control, NY Post reports
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October 10, 2014
12:11 EDTHLFOptions with increasing implied volatility
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10:55 EDTHLFHerbalife volatility increases
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09:35 EDTSSprint downgraded to Sell from Hold at Evercore
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October 9, 2014
14:32 EDTHLFIcahn says never discussed Netflix with Tim Cook
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12:46 EDTAPOLDoE policy changes a negative for select Education stocks, says Deutsche Bank
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October 8, 2014
07:09 EDTSSprint to shut down WiMAX network around November 6, 2015, FierceWireless says
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October 7, 2014
14:39 EDTHLFFTC probe of Herbalife seen lasting 'well into' next year, NY Post reporter says
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14:19 EDTHLFHerbalife expects discipline, but not shutdown, following FTC probe, FBN says
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13:59 EDTHLFHerbalife expects some discipline, not shutdown, from FTC, Gasparino says
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12:20 EDTDISHDISH, Frontier Communications extend agreement
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06:13 EDTHLFHerbalife names ex-FTC commissioner to lead compliance group
Herbalife yesterday announced the appointment of Pamela Jones Harbour to the newly created role of SVP, global member compliance and privacy, reporting to Mark Friedman, EVP and general counsel. Harbour will develop and enhance policies and infrastructure that ensure effective education, training and mentoring programs for the nearly 4 million independent Herbalife members worldwide, underpinned by robust and consistent monitoring and enforcement procedures. In addition to her compliance responsibilities, Harbour will also coordinate the companyís global privacy and cyber security efforts. Harbour served as a Commissioner at the Federal Trade Commission from 2003-2010 and a prosecutor at the New York State Attorney Generalís office for 12 years.
05:52 EDTSStocks with implied volatility movement; S HIMX
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October 6, 2014
16:01 EDTHAHawaiian Holdings reports September passengers transported up 5.2%
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14:53 EDTHLFHerbalife, Nu Skin jump to session highs
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10:02 EDTSKajeet collaborates with Novatel Wireless
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06:44 EDTHLFHerbalife names ex-regulator to lead compliance group, Reuters says
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