New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 10, 2013
16:30 EDTHLF, F, SVU, NOK, ZLC, MCP, BV, ELLIOn The Fly: Closing Wrap
Stocks on Wall Street finished higher after U.S. weekly jobless claims came in slightly worse than expected, while export data from China beat expectations. In spite of the data, released last night and this morning, the markets drifted near the flat-line for much of the session before running higher into the close... ECONOMIC EVENTS: In the U.S., weekly jobless claims rose 4K to 371K, versus expectations for 362K claims. Wholesale inventories increased 0.6% in November, versus expectations for an increase of 0.2%. The Job Openings & Labor Turnover survey showed advertised job openings climbed 11,000 in November to 3.67M, which was about 12% more than in the same month a year ago. In Europe, the ECB kept its main interest rate unchanged. The Bank of England also voted, as expected, to keep its main interest rate unchanged and not to buy more government bonds. China's trade surplus rose to $31.6B in December from $19.6B in November, as exports increased 14.1% compared with the same period a year earlier, widely beating expectations for a 4.5% increase. Imports gained 6%, compared to expectations for a 2.6% increase... COMPANY NEWS: Herbalife (HLF) made a lengthy presentation to defend itself following Bill Ackman's own lengthy presentation in which he laid out his short thesis and called the company a pyramid scheme. Herbalife shares briefly traded higher as the investor event was ongoing, but finished the day down 71c, or 1.78%, at $39.24... Ford (F) shares rose 36c, or 2.67%, to $13.83 after the company doubled its quarterly dividend to 10c per share... Supervalu (SVU) gained $43c, or 14.14%, to $3.47 after the company agreed to sell its Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market chains to a Cerberus-led consortium in a transaction valued at $3.3B. The company also reported a quarterly profit on sales that were roughly in-line with expectations... MAJOR MOVERS: Among the notable gainers was Nokia (NOK), up 70c, or 18.67%, to $4.45 after announcing its Mobile Phones business unit and Lumia portfolio delivered better than expected results in Q4 and operating expenses were lower than expected. Also higher was Zale (ZLC), up 49c, or 11.69%, to $4.68 after reporting holiday period SSS up 2.3% and saying that it expects positive net income for FY13. Among the noteworthy losers was Molycorp (MCP), down $2.45, or 22.71%, to $8.34 after forecasting lower than expected 2013 revenue and cash flow, and Bazaarvoice (BV), which fell sharply and settled down $1.41, or 15.84%, to $7.49 after the Department of Justice said it was filing an antitrust lawsuit against the company related to its June acquisition of PowerReviews. Also lower were shares of Ellie Mae (ELLI), down $2.26, or 8.21%, to $25.26 after the Consumer Finance Protection Agency said it would introduce new eligibility requirements for mortgages... INDICES: The Dow was up 80.71, or 0.60%, to 13,471.22; the Nasdaq was up 15.95, or 0.51%, to 3,121.76; and the S&P 500 was up 11.10, or 0.76%, to 1,472.12.
News For HLF;F;SVU;NOK;ZLC;MCP;BV;ELLI From The Last 14 Days
Check below for free stories on HLF;F;SVU;NOK;ZLC;MCP;BV;ELLI the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
August 28, 2014
13:11 EDTFFord begins 2015 Mustang production, car to be exported globally for first time
Subscribe for More Information
12:50 EDTFFord to pull back production in September at Romanian factory, Reuters says
Subscribe for More Information
12:47 EDTHLFHerbalife volatility flat as shares at low end of 13-month range
Subscribe for More Information
07:29 EDTNOKNokia removed from Europe 1 List at BofA/Merrill
August 27, 2014
11:09 EDTHLFHerbalife at highs following Icahn tweet
Subscribe for More Information
August 26, 2014
09:25 EDTFFarm Progress Companies to hold a show
Subscribe for More Information
06:42 EDTFCCI charges automakers $420M for anti-competitive tendencies, Reuters says
Subscribe for More Information
06:05 EDTMCPStocks with implied volatility movement; MCP GILD
Subscribe for More Information
August 25, 2014
19:58 EDTNOKRoyalty cap for Nokia, Microsoft deal may be ordered by S. Korea, Bloomberg says
The Fair Trade Commission of South Korea may implement a cap on royalty fees for Nokia (NOK) patents as a condition when they hold a meeting next month to approve the Microsoft (MSFT), Nokia deal, Bloomberg reports, citing the Seoul Economic Daily. Reference Link
15:02 EDTFFord announces $129M investment in Louisville assembly plant
Subscribe for More Information
11:44 EDTHLFStocks with call strike movement; PVA HLF
Subscribe for More Information
06:19 EDTSVUU.S. DHS warns of 'Backoff' malware, WSJ reports
The Department of Homeland Security is urging all companies to check for a "Backoff" malware infection, which targets cash registers, and said over 1,000 businesses in the U.S. have been affected by the cyberattack, the Wall Street Journal reports. The DHS said Friday that the malware has likely infected many victims who "aren't aware" that they have been compromised. Reference Link
August 22, 2014
14:28 EDTHLFHerbalife off earlier lows, levels to watch
Subscribe for More Information
13:45 EDTHLFAckman likely pressed bearish options bet on Herbalife, CNBC reports
Bill Ackman of Pershing Square likely pressed his bearish options bet on Herbalife, based on options trading activity, CNBC's Scott Wapner reports.
06:54 EDTFChrysler to not replace Ram steel body panels until 2020, Reuters says
Fiat's (FIATY) Chrysler is aiming to redesign its full-size Ram 1500 pickup trucks beginning in three years, but the car manufacturer has no definitive goals to follow competitors GM (GM) and Ford (F) in using aluminum body panels instead of steal until a finalized overhaul happens after 2020, according to Reuters, citing industry sources. Reference Link
August 21, 2014
11:26 EDTFFord asks dealers to stop selling certain Focus, C-Max cars, Reuters reports
Subscribe for More Information
07:18 EDTFChina considering new anti-trust rules for auto sector, China Daily says
Subscribe for More Information
06:08 EDTFGM launches new round of discounts for Labor Day weekend, WSJ reports
Subscribe for More Information
05:52 EDTNOKStocks with implied volatility movement; NOK WLT
Stocks with implied volatility movement; Nokia (NOK) 30, Walter Energy (WLT) 62 according to iVolatility.
August 20, 2014
20:03 EDTFFord planning hybrid to compete with Toyota Prius, Reuters reports
Ford (F) is planning to introduce a new hybrid gasoline-electric car in late 2018 to compete against the Toyota (TM) Prius, according to Reuters, citing two sources with knowledge of the company's plans. It will be the company's first "dedicated" hybrid, unlike the hybrid Fusion, which is a variation of an existing gasoline model. Reference Link
1 | 2 | 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