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News Breaks | | | | February 28, 2013 | | 06:08 EDT |  | FB, HNZ, WMT, UBS | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: U.S. natural gas production will accelerate over the next three decades, new research indicates, providing the strongest evidence yet that the energy boom remaking America will last for a generation, the Wall Street Journal reports...The investigation of potential insider trading ahead of this month's $23B buyout of H.J. Heinz (HNZ) has widened, as the Financial Industry Regulatory Authority and the FBI scrutinize what they see as suspicious purchases of stock in the ketchup maker, sources say, the Wall Street Journal reports...REUTERS: In China, profitability and sales are harder to come by as U.S. firms face increasing competition from domestic and foreign players, according to an annual survey by the American Chamber of Commerce in Shanghai, Reuters reports...Two former UBS (UBS) traders in Singapore are suing the bank for wrongful dismissal, saying the bank fired them to lessen its role in the alleged manipulation of reference rates used to price currency derivatives known as non-deliverable forwards, Reuters reports...BLOOMBERG: Wal-Mart Stores (WMT), struggling to attract shoppers constrained by higher taxes, is “getting worse” at keeping shelves stocked, the retailer’s U.S. CEO Bill Simon told executives, according to minutes of an officers’ meeting obtained by Bloomberg News...Facebook (FB), pressured to expand sales from its 1.1B users, is moving into a business that lets marketers buy advertisements in real time on the basis of a member’s Web-browsing habits. The company is broadening Facebook Exchange’s global footprint, with plans to expand in Asia and Latin America, Bloomberg reports. | |
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News For HNZ;UBS;WMT;FB From The Last 14 Days Check below for free stories on HNZ;UBS;WMT;FB the last two weeks. |
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| May 21, 2013 | | 07:32 EDT |  | WMT | CTIA–The Wireless Association to host a conference
 Subscribe for More Information | | | May 20, 2013 | | 10:52 EDT |  | FB | Facebook near session lows, levels to watch
The stock is drifting lower today, nearing session lows at $25.73. At that price, next support is at $25.33, the 1-month low. Resistance is at $26.25. | | | 08:12 EDT |  | UBS | UBS names Sylvia Coutinho as CEO of UBS Group Brazil
Subscribe for More Information | | | 07:42 EDT | | UBS | Cohasset Associates to host a conference
National Conference on Managing Electronic Records is being held in Chicago on May 20-22. | | | 07:31 EDT | | WMT | Retailers can open warehouses in India areas against FDI, Economic Times says
Subscribe for More Information | | | 07:00 EDT | | FB | New Facebook projects probably won't bear fruit soon, AllThingsD says
Subscribe for More Information | | | May 19, 2013 | | 17:10 EDT | | FB | Facebook's Waze deal being held up by move from Israel, NY Post says
Facebook’s negotiations to buy mapping firm Waze are being held up as founders of Waze, based in Israel, are holding out for more money, the NY Post says. Citing sources, the Post says that Waze founders want more money if they are going to be forced to move from Israel to Silicon Valley as part of the deal. Reference Link | | | May 17, 2013 | | 13:21 EDT |  | HNZ | Options with increasing implied volatility: CPRT BMY GDI HNZ
Subscribe for More Information | | | 07:48 EDT |  | WMT | Wal-Mart valuation profile seems sustainable, says RW Baird
Subscribe for More Information | | | 06:51 EDT | | FB | Facebook volatility at low end of historic range
Subscribe for More Information | | | | 06:36 EDT | | FB | Google to add new apps to Google Glass, NY Times says
Subscribe for More Information | | | May 16, 2013 | | 16:29 EDT |  | WMT | On 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. | | | 14:01 EDT | | WMT | Options Update; May 16, 2013
Subscribe for More Information | | | 13:16 EDT | | WMT | Wal-Mart warns on email phishing scam
Subscribe for More Information | | | 12:32 EDT | | UBS | EU bank stress test delayed until 2014 by regulator
The EBA agreed on recommendations to supervisors to conduct asset quality reviews on major EU banks. While banks’ capital positions were significantly strengthened under the EBA’s recapitalisation exercise, the objective of the asset quality exercises will be to review banks’ classifications and valuations of their assets so to help dispel concerns over the deterioration of asset quality due to macroeconomic conditions in Europe. Since appropriately reviewed balance sheets are a key input to an effective stress test, the EBA has also adjusted the timeline of the next EU-wide stress test so to conduct the exercise in 2014 once the asset quality reviews are completed. However, to ensure transparency and comparability over the years, the EBA will provide, in 2H, appropriate disclosure on the actual exposures of the EU banking sector. Reference Link | | | 12:24 EDT | | WMT | On The Fly: Midday Wrap
The S&P 500 was virtually unchanged at midday following a deluge of domestic economic data this morning. The S&P began the session in negative territory, but only moderately lower, after investors received a host of data prior to the open, including reports on jobless claims, consumer prices, and housing starts. 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 advanced 12% to lead the blue chip index after the company's results beat expectations on the top and bottom lines and prompted price target increases at several analyst firms. Wal-Mart, in contrast, lagged all Dow names, sliding 2% after its earnings for the just ended quarter and its view of the current quarter missed the consensus forecast... After the closing bell, Tesla Motors (TSLA) said it intends to raise about $830M by offering 2.7M common shares and $450M in convertible senior notes. CEO Elon Musk will buy $100M worth of the stock and debt, the company said, and its recently high-flying shares rose another 6%. MAJOR MOVERS: Among the notable gainers rising following Cisco's better than expected results and commentary were Ciena (CIEN), which rose 8%, and Cavium (CAVM), which advanced 4%. Also higher were shares of NetApp (NTAP), which gained over 6% after Bloomberg said activist investor Elliott Management has taken a stake in the company and is pushing its board to explore ways to boost shareholder value. Among the noteworthy losers were Oncothyreon (ONTY), which fell 20%, and Biomarin (BMRN), down 5%, after both pharmaceutical companies, among a number of others, published data to be presented at ASCO, an annual meeting of oncologists. Also lower was AMD (AMD), which declined 14% following a downgrade to Sell at Goldman Sachs. INDICES: Near noon, the Dow was up 12.47, or 0.08%, to 15,288.16; the Nasdaq was up 8.74, or 0.25%, to 3,480.36; and the S&P 500 was nearly flat at 1,658.80. | | | 10:02 EDT | | WMT | Target losing traffic, says Buckingham
Buckingham said Target (TGT) is significantly under performing Wal-Mart (WMT) and that its less promotional marketing and consumer offerings are losing traffic. Shares are Neutral rated with a $65 price target. | | | 09:27 EDT | | WMT | Wal-Mart slips after results and guidance, levels to watch
Subscribe for More Information | | | 09:19 EDT | | WMT | On The Fly: Pre-market Movers
Subscribe for More Information | | | 07:54 EDT | | WMT | Wal-Mart sees opening 60-65 new Walmart U.S. units in Q2
Says added 38 new Walmart units and converted 8 units to supercenters in U.S. in Q1. Planning to open between 60-65 new Walmart units, including new stores, expansions and relocations, in U.S. in Q2. Plans to open 15-20 new and relocated Sam's Clubs during the year, the majority of which are scheduled for Q3 and Q4. Says total company added over 5M square feet of retail space in Q1. Comments from Q1 earnings conference call. | | |
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