New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 27, 2012
10:22 EDTHPQ, HPQ, DELL, DELL, STX, STX, WDC, WDCPC slowdown in emerging markets worse than expected, says CLSA
CLSA said the magnitude of the PC slowdown in emerging markets is worse than they expected and that weakness can be attributed to the macro slowdown, deferrals ahead of Win8, Win7 inventory burn, and tablet cannibalization. The firm remains cautious on PC trends for Hewlett-Packard (HPQ), Dell (DELL), Seagate (STX), and Western Digital (WDC).
News For HPQ;DELL;STX;WDC 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 >>
August 20, 2015
14:42 EDTHPQNotable companies reporting after market close
Subscribe for More Information
14:39 EDTHPQ, STXEarnings Watch: Hewlett-Packard reports ahead of company split
Subscribe for More Information
14:12 EDTHPQHP technical comments before earnings
Subscribe for More Information
13:32 EDTHPQHP August 27.5 straddle priced for 7.8% movement into Q3
Subscribe for More Information
09:36 EDTHPQActive equity options trading on open
Subscribe for More Information
09:17 EDTHPQHP August volatility increases into Q3 and outlook
HP August call option implied volatility is at 95, September is at 43, January is at 33; compared to its 52-week range of 16 to 37 , suggesting large near term price movement into the expected release of Q3 results today after the market close.
August 19, 2015
16:58 EDTSTXOn The Fly: Top stock stories for Wednesday
The market opened deep in negative territory after a tumultuous trading session in China and a softer than expected U.S. consumer prices report. Sellers continued to push the averages lower throughout the morning, with the Dow tacking on losses of more than 200 points as investors waited for the release of the Fed minutes. The market rallied following an early leak of the minutes, which suggested officials are getting closer to raising rates but appear to be waiting for additional data. Despite the afternoon rally, the averages sold off once again heading into the close, leaving all three indices in the negatives for Wednesday. ECONOMIC EVENTS: In the U.S., the July consumer price index edged up 0.1% against expectations for 0.2% reading. The core reading, which excludes food and energy, also came in at 0.1% versus consensus estimates of 0.2%. There were no revisions to the 0.3% headline gain in June or the 0.2% growth in the ex-food and energy component. Component gains were muted across the board, with Energy prices up just 0.1% in July. Meanwhile, FOMC minutes showed no definitive indication of a September rate hike. Most committee members "judged that the conditions for policy firming had not yet been achieved, but they noted that conditions were approaching that point." Other members, however, believed that the inflation outlook "might not soon meet one of the conditions... for initiating a firming of policy." COMPANY NEWS: Shares of Dot Hill Systems (HILL) soared $4.50, or 86.87%, to $9.68 after Seagate Technology (STX) agreed to acquire the company for $9.75 per share, noting that it expects the deal to be non-GAAP EPS accretive in fiscal 2016. Shares of the hard drive giant fell 5.03% to $49.43 for the session... Lowe's (LOW) shares saw gains of $1.34, or 1.84%, to $74.36 following the company's earnings report this morning, while Target (TGT) rose $59c, or 0.73%, to $80.89 after beating on both top and bottom lines. On a subsequent conference call, Target executives forecast a "choppy" competitive environment in Q3, though they added that the company "will not get beat" on promotions in Q4. Separately, American Eagle (AEO) lost 7.42% to $16.92 after its quarterly numbers. MAJOR MOVERS: Among the notable gainers were Palatin (PTN) and Apricus (APRI), showing respective advances of 3.19% and 7.89% after the FDA approved Sprout's female sexual dysfunction drug Addyi, with the agency remarking that it "continues to encourage drug development in this area." Note that both Palatin and Apricus are developing their own treatments in the space, and Apricus reaffirmed this morning its intent to seek a global partner as it advances its Femprox sexual dysfunction medication. Also higher was Yum! Brands (YUM), which gained $1.90, or 2.26%, to $86.10 after appointing a new CEO of its China division, adding that its same-store sales in the region "have turned significantly positive." Among the noteworthy losers was Rayonier Advanced Materials (RYAM), plunging $6.01, or 44.09%, to $7.62 after disclosing a legal battle with its customer Eastman Chemical (EMN) over "meet or release" contract stipulations which may impact Eastman's purchase obligations. Also lower was Caesarstone (CSTE), which lost $3.43, or 7.14%, to $44.61 after short-selling hedge fund Spruce Point said the stock has up to 75% downside due to heightened raw material costs and competitive concerns, among other factors. Separately, EOG Resources (EOG), Baytex Energy (BTE), and Vanguard Natural (VNR) saw respective losses of 4.15%, 15.53%, and 13.83% after WTI crude fell 5.02% for the session. INDEXES: The Dow declined 162.61, or 0.93%, to 17,348.73, the Nasdaq fell 40.30, or 0.80%, to 5,019.05, and the S&P 500 lost 17.31, or 0.83%, to 2,079.61.
13:30 EDTSTXOn The Fly: Top stock stories at midday
Subscribe for More Information
13:23 EDTHPQOptions with increasing call volume
Subscribe for More Information
07:02 EDTHPQHewlett-Packard August volatility elevated into Q3 and outlook
Hewlett-Packard August call option implied volatility is at 86, September is at 38, January is at 29; compared to its 52-week range of 16 to 37 , suggesting large near term price movement into the expected release of Q3 results on August 20.
05:57 EDTHPQ HP implied volatility of 37 at upper end of index
Subscribe for More Information
05:32 EDTSTXDot Hill Systems downgraded to Neutral from Overweight at Piper Jaffray
Subscribe for More Information
August 18, 2015
18:31 EDTSTXDot Hill Systems up 82% to $9.45 after agreeing to be acquired by Seagate
18:04 EDTSTXSeagate to acquire Dot Hill Systems for $9.75 per share, or $694M
Subscribe for More Information
18:01 EDTSTXSeagate to acquire Dot Hill Systems for $9.75 per share, or $694M
Subscribe for More Information
August 17, 2015
09:14 EDTHPQHP Q3 results have modest expectations at UBS
Subscribe for More Information
08:06 EDTWDCWestern Digital shares offer attractive entry point, says Jefferies
Jefferies analyst James Kisner believes current share levels provide an attractive entry point into Western Digital. The analyst views consensus earnings expectations as achievable and believes the current valuation does not price in potential upside from MOFCOM approval. He keeps a Buy rating on Western Digital with a $116 price target.
07:56 EDTHPQHP Q3 results have modest expectations at UBS
Subscribe for More Information
07:39 EDTDELLTMC to hold a conference
Subscribe for More Information
06:52 EDTHPQHewlett-Packard August volatility elevated into Q3 and outlook
Subscribe for More Information
1 | 2 | 3 >>

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