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Stock Market & Financial Investment News

News For HLF;FB;AEGR From The Last 14 Days
Check below for free stories on HLF;FB;AEGR the last two weeks.
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May 16, 2013
16:29 EDTAEGROn The Fly: Closing Wrap
Stocks on Wall Street were lower following some disappointing economic data and a hint from a regional Fed president that the central bank may taper its easing program in the coming months. The averages traded in a narrow range for much of the session before moving lower in the final hour of trading. Comments by San Francisco Fed president John Williams late in the afternoon, suggesting that the central bank may begin slowing its bond buying pace by the summer, may have spurred the late session selling. ECONOMIC EVENTS: In the U.S., initial jobless claims rose 32K to 360K last week, compared to expectations for them to remain relatively stable at 330K. The consumer price index dropped a larger than forecast 0.4% in April, though the "core" CPI rate rose 0.1%, as expected. Housing starts were down 16.5% in April from the prior month, versus an expected decrease of 6.4%, though building permits jumped 14.3% from the prior month, beating an expected increase of 3.8%. The Philadelphia Fed General Business Conditions Index for May came in at -5.2, versus expectations for a +2.2 reading. COMPANY NEWS: Earnings reports from two Dow members, Wal-Mart (WMT) and Cisco (CSCO), sent their shares in opposite directions. Cisco shares added $2.66, or 12.54%, to $23.87 to lead the blue chip index after the company's results beat expectations on the top and bottom lines. Wal-Mart fell $1.36, or 1.7%, to $78.50 after its first quarter earnings sand second quarter outlook missed the consensus forecast... Tesla Motors (TSLA) last night announced a stock and debt offering of more than $800M, with CEO Elon Musk announcing his intent to buy $100M of the offering, and shares of the electric car maker added $7.36, or 8.67%, to $92.20. MAJOR MOVERS: Among notable gainers was Aegerion (AEGR), up $14.73, or 31.37%, to $61.70 after the company said its Juxtapid treatment may have a $1B global market opportunity and at least two analyst firms raised their price targets on its shares. Also higher was Constellation Brands (STZ), up $1.52, or 3.03%, to $51.76 after the stock was upgraded at Stifel and ISI Group. Among noteworthy losers following analyst downgrades were AMD (AMD), which fell 55c, or 12.56%, to $3.83 after Goldman downgraded the stock to Sell, and CSC (CSC), which slid $2.12, or 4.74%, to $42.59 after being cut to Hold at Deutsche Bank. Also lower following its quarterly report was NetQin Mobile (NQ), down 72c, or 7.5%, to $8.88. INDICES: The Dow was down 42.47, or 0.28%, to 15,233.22; the Nasdaq was down 6.38, or 0.18%, to 3,465.24; and the S&P 500 was down 8.31, or 0.50%, to 1,650.47.
15:28 EDTAEGRAegerion surges after bullish projection on Juxtapid potential
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14:41 EDTAEGRAegerion price target raised to $85 from $52 at Deutsche Bank
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09:49 EDTAEGRAegerion price target raised to $58 from $50 at BofA/Merrill
BofA/Merrill raised Aegerion's price target and estimates following CEO comments at its healthcare conference. The CEO noted mid-Q2 trends continue to accelerate and that discontinuation rates are very low. The firm rates shares a Buy.
07:29 EDTAEGRLeerink to host a bus tour
Boston Biopharma Bus Tour travels throughout Boston on May 16-17.
05:59 EDTFBHigh tech firms involved in immigration battle, WSJ reports
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05:57 EDTFBFacebook implied volatility at lower end of index mean range
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May 15, 2013
17:46 EDTFBSAC Capital gives quarterly update on stakes
NEW STAKES: Discovery (DISCA), Liberty Global (LBTYA), Liberty Media (LMCA), Norwegian Cruise Line (NCLH), and Cubist (CBST). INCREASED STAKES: Suncor (SU), EQT Corporation (EQT), Amazon.com (AMZN), Visa (V), and GNC Holdings (GNC). DECREASED STAKES: News Corp. (NWSA), Facebook (FB), Sherwin-Williams (SHW), and Avago (AVGO). LIQUIDATED STAKES: Coach (COH), Dover (DOV), and Virgin Media (VMED), .
17:26 EDTHLFThird Point gives quarterly update on stakes
NEW STAKES: Virgin Media (VMED), Tiffany (TIF), B/E Aerospace (BEAV), Anadarko (APC), and Thermo Fisher (TMO). INCREASED STAKES: International Paper (IP), Abbvie (ABBV), TransDigm (TDG), Constellation Brands (STZ), and Dollar General (DG). DECREASED STAKES: Delphi (DLPH), Murphy Oil (MUR), AIG (AIG), LyondellBasell (LYB), and Liberty Global (LBTYA). LIQUIDATED STAKES: Tesoro (TSO), Morgan Stanley (MS), Symantec (SYMC), Herbalife (HLF), and Illumina (ILMN).
16:48 EDTHLFIcahn gives quarterly update on stakes
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05:59 EDTFBCorporate boards recruit newcomers with digital knowledge, WSJ reports
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May 14, 2013
17:48 EDTFBLone 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).
11:39 EDTAEGRHigh option volume stocks: IVZ BGCP SCTY DNR AEGR
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06:07 EDTFBAT&T may drop HTC Facebook phone, Bloomberg reports
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05:53 EDTFBWeb browsers are being reinvented, WSJ reports
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May 13, 2013
12:17 EDTFBFacebook's Waze deal hits snag, BGR reports
Facebook's acquisition of social navigation company Waze has hit some complications, said BGR, citing a report from the Israeli newspaper Calcalist. The main area of contention is Facebook's desire to close Waze’s Israel-based R&D center and transfer several employees to the U.S., the report said. Reference Link
06:40 EDTFB Facebook Home not very popular so far, AllThingsD says
Less than 1M people have downloaded Facebook's (FB) new Android app, Facebook Home, since the app was released about a month ago, AllThingsD reported Friday afternoon, citing statements by the social network. As far as popularity is concerned, the app is "not exactly a home run," AllThingsD stated. On the other hand, it is only currently available for five devices that use Google's (GOOG) Android operating system, the website added. Reference Link
May 12, 2013
13:44 EDTFBFacebook's general counsel leaving company, AllThingsD says
Facebook’s general counsel Ted Ullyot is leaving the company to take some time off. Ullyot will be leaving in July and the search for his replacement will include internal and external candidates, says AllThingsD. Reference Link
May 10, 2013
12:56 EDTHLFCarl Icahn says shares of Herbalife should be selling a lot higher
10:53 EDTFBFacebook adds Facebook Home launcher to more Android phones, androidcentral says
Facebook (FB) has added the Facebook Home launcher to a number of smartphones using Google's (GOOG) Android operating system, including Samsung's (SSNLF) Galaxy S4 and the HTC One, androidcentral reported last night. Reference Link
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