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Stock Market & Financial Investment News

News Breaks
February 22, 2013
12:18 EDTFIRE, AIG, FRO, ARUN, HPQ, MMSI, WBMDOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday, bouncing back from two down days fueled by worries that the Fed may pull back on its easing actions sooner than expected. European markets were helped by a better than expected German business confidence survey, despite some other downbeat data and forecasts, and U.S. markets followed their lead. Also helping the Dow was better than expected earnings from two of its members... ECONOMIC EVENTS: In the U.S., no market moving economic data was reported. In Germany, Federal Statistics Office data confirmed an earlier flash estimate that the nation's GDP shrank 0.6% from the prior quarter in the last three months of 2012. However, the Ifo Institute business confidence reading rose to 107.4 from 104.2 in January, beating expectations for a 105.0 February figure. Also in Europe, the European Commission lowered it forecast for gross domestic product in the 17-nation region, estimating now that GDP will fall 0.3% this year. The EC predicted in November that the region's economy would grow 0.1% in 2013... COMPANY NEWS: Hewlett-Packard (HPQ) surged 9% higher and led the Dow Jones Industrial Average after its Q1 results topped estimates on both the top and bottom lines. HP's earnings guidance for the current quarter was also better than expected. Also reporting better than expected results, and seeing its shares rise, was fellow Dow component American International Group (AIG). The insurer's operating earnings were better than forecast and its stock advanced over 2%... MAJOR MOVERS: Among the other notable gainers following their earnings reports were WebMD (WBMD), up 24%, Aruba Networks (ARUN), up 21% and Sourcefire (FIRE), up 14%. Among the noteworthy losers was Merit Medical (MMSI), which fell 19% and was downgraded at Raymond James following its quarterly report. Also lower were shares of Frontline (FRO), which declined nearly 14% after the company provided preliminary Q4 earnings, said it expects the following quarter's operating results to be lower and announced it will will not pay a dividend for Q4... INDICES: Near noon, the Dow was up 69.34, or 0.50%, to 13,949.96; the Nasdaq was up 17.80, or 0.57%, to 3,149.29; and the S&P 500 was up 7.59, or 0.51%, to 1,510.01.
News For HPQ;AIG;WBMD;ARUN;FIRE;MMSI;FRO From The Last 14 Days
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November 21, 2014
05:58 EDTARUNAruba Networks pullback a buying opportunity, says Piper Jaffray
Piper Jaffray recommends using the weakness in shares of Aruba Networks after the company's guidance missed expectations by 1% as a buying opportunity. Piper views the outlook as more a reflection of macro trends than the underlying business and reiterates an Overweight rating on the stock. The firm lowered its price target for shares to $26 from $28.
November 20, 2014
18:21 EDTARUNOn The Fly: After Hours Movers
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16:55 EDTARUNAruba Networks sees Q2 adjusted EPS 26c-27c, consensus 27c
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16:12 EDTARUNAruba Networks reports Q1 EPS 26c, consensus 25c
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15:28 EDTARUNNotable companies reporting after market close
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14:44 EDTARUNAruba Networks volatility elevated into Q1 an outlook
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12:00 EDTHPQAnalyst sees new competition shaking up 3D printing market
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09:44 EDTARUNAruba Networks Q1 EPS should beat consensus, says Janney Capital
Janney Capital said its reseller checks show good demand for 802.11ac products and the firm believes Aruba Networks should deliver Q1 earnings that top consensus. However, the firm continues to expect Aruba's competition will intensify in early 2015 and maintains its $24 fair value estimate and Neutral rating on the stock.
08:04 EDTHPQHP December volatility elevated into Q4 and outlook
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November 19, 2014
16:32 EDTHPQStratasys appoints ex-Hewlett-Packard Chris Morgan as CMO
Stratasys (SSYS) appointed Chris Morgan as Senior VP and Chief Marketing Officer for Stratasys. Morgan is a 25-year veteran of HP (HPQ).
10:15 EDTMMSIMerit Medical management to meet with Sidoti
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07:46 EDTHPQSymantec, Hewlett-Packard announce DRaaS solution partnership
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November 17, 2014
11:28 EDTARUNAruba Networks Q1 sales likely ahead of expectations, says Piper Jaffray
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07:49 EDTARUNAruba Networks estimates appear achievable, says UBS
UBS remains a buyer of Aruba Networks ahead of its Q1 results, as the firm sees improving operational discipline and cost cutting, continuation of its product cycle, free cash flow, and new partnerships. UBS reiterated its Buy rating and $25 price target on Aruba Networks shares.
November 14, 2014
17:13 EDTAIGAppaloosa gives quarterly update on stakes
NEW STAKES: NXP Semiconductors (NXPI), Lorillard (LO), Alibaba (BABA), and Shire (SHPG). INCREASED STAKES: Whirlpool (WHR), Priceline (PCLN), Delta (DAL), CBS (CBS), and General Motors (GM). DECREASED STAKES: American Airlines (AAL), Disney (DIS), Apple (AAPL), MGM Resorts (MGM), and Eastman Chemical (EMN). LIQUIDATED STAKES: Expedia (EXPE), AIG (AIG), Prudential (PRU), Celanese (CE), and ASML Holding (ASML).
16:58 EDTAIGThird Point gives quarterly update on stakes
NEW STAKES: Alibaba (BABA), eBay (EBAY), Bed Bath & Beyond (BBBY), Shire (SHPG), and Parker Hannifin (PH). INCREASED STAKES: Actavis (ACT), Amgen (AMGN), EQT (EQT), Sensata (ST), Coca-Cola Enterprises (CCE). DECREASED STAKES: Williams Cos (WMB), Ally Financial (ALLY), Cheniere Energy (LNG), YPF (YPF), and FedEx (FDX). LIQUIDATED STAKES: AIG (AIG), T-Mobile (TMUS), Rackspace (RAX), Hertz (HTZ), and Citrix Systems (CTXS).
November 13, 2014
09:40 EDTARUNActive equity options trading
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November 12, 2014
15:08 EDTHPQEarnings Preview: Cisco reports amid analyst debate on break-up potential
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08:37 EDTARUNAruba Networks shares should be bought into earnings, says Pacific Crest
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November 11, 2014
06:03 EDTHPQQ4 global tablet shipments estimated at 74.5M units, DigiTimes reports
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