New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 9, 2013
16:20 EDTHLF, ININ, DISH, HA, NUVA, CLWR, APOL, SOn 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
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
January 15, 2015
05:55 EDTHLFStocks with implied volatility above IV index mean; HLF YHOO
Subscribe for More Information
January 14, 2015
17:19 EDTDISHDISH being questioned by FCC over Sling online TV service, Re/code reports
Subscribe for More Information
16:33 EDTDISHOn The Fly: Closing Wrap
Subscribe for More Information
16:04 EDTHAHawaiian Holdings names Shannon Okinaka as interim CFO
Subscribe for More Information
10:28 EDTDISHViacom carriage deal with DISH goes until 2016, Faber says
Subscribe for More Information
10:21 EDTAPOLOptions with decreasing implied volatility
Subscribe for More Information
07:37 EDTNUVAJPMorgan to hold a conference
Subscribe for More Information
06:28 EDTDISHViacom downgraded to Sell from Buy at Citigroup
Citigroup downgraded Viacom (VIAB) two notches to Sell from Buy and lowered its price target for shares to $62 from $88. Citi says its new price target assumes a 50% probability that DISH (DISH) drops Viacom's channels. The firm sees 30% share downside risk should such an event occur. Citi lists two potential M&A deals that could offset the downside risk: Viacom acquiring CBS (CBS), which it feels would be neutral for the stock, or another media firm acquiring Viacom, which it feels could drive 20% upside for Viacom shares. Citi assumes a 10% probability of Viacom getting bought out.
05:55 EDTHLFStocks with implied volatility above IV index mean; HLF YHOO
Subscribe for More Information
January 13, 2015
10:17 EDTAPOLOptions with decreasing implied volatility
Subscribe for More Information
10:00 EDTNUVAOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
08:12 EDTNUVANuVasive downgraded to Neutral from Buy at Summer Street
Subscribe for More Information
07:28 EDTNUVANuVasive price target raised to $55 from $50 at RW Baird
Subscribe for More Information
06:01 EDTHLFStocks with implied volatility above IV index mean; HLF YHOO
Stocks with implied volatility above IV index mean; Herbalife (HLF) 115, Yahoo (YHOO) 52 according to iVolatility.
January 12, 2015
16:06 EDTNUVANuVasive COO Valentine to step down, Miles named as successor
NuVasive announced changes to its leadership team designed to enhance the company's organizational alignment. Pat Miles, NuVasive's current President of Global Products and Services, will assume an expanded role as President and Chief Operating Officer. The company also announced that NuVasive's COO Keith Valentine will step down from that role and be leaving the company effective April 30. Valentine is committed to working with the company to ensure a seamless transition of responsibilities over the coming months, the company said.
16:04 EDTNUVANuVasive sees Q4 revenue $203M, consensus $199.95M
Subscribe for More Information
16:04 EDTNUVANuVasive sees FY15 revenue $810M, consensus $811.7M
Subscribe for More Information
16:02 EDTNUVANuVasive sees FY14 revenue $761M, consensus $758.16M
NuVasive provided a business and financial performance update, including the announcement of select preliminary unaudited financial results for FY14. The company sees preliminary FY14 revenue of approximately $761M, which reflects 11% growth over the prior year or 12% on a constant currency basis. Preliminary FY14 non-GAAP operating margin is anticipated to exceed guidance of 16.5%.
10:15 EDTAPOLOptions with decreasing implied volatility
Options with decreasing implied volatility: NBIX APOL NPSP BBBY INFY JCP MU TIF
06:12 EDTHLFStocks with implied volatility above IV index mean; HLF YHOO
Stocks with implied volatility above IV index mean; Herbalife (HLF) 114, Yahoo (YHOO) 50 according to iVolatility.
1 | 2 | 3 | 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