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Stock Market & Financial Investment News

News Breaks
June 12, 2014
16:24 EDTRH, INTC, LUV, LULU, HPQ, DAL, TWTROn The Fly: Closing Wrap
Stocks on Wall Street were lower after retail sales rose less than expected, first-time unemployment claims increased, and oil prices continued their move higher as Islamic militants threaten to take over more Iraqi cities, including the capital. The major averages opened just slightly below the flat line and that was about as close to positive territory as they would get for the session. The commodity sector, which is often a safe haven for money during times of geopolitical turmoil, had its biggest rally in more than three months. In contrast, the equity market continued its losing streak. ECONOMIC EVENTS: In the U.S., retail sales rose only 0.3% in May, and were up 0.1% excluding autos, as both growth figures missed the consensus forecast. Initial jobless claims rose to 317K in the week ended June 7, which was above the expectation for 310K new claims. Import and export prices both rose 0.1% in May. Business inventories rose 0.6% in April, with sales up 0.7%. COMPANY NEWS: Twitter (TWTR) confirmed a report from Re/code that Ali Rowghani has resigned from his position as Chief Operating Officer. Rowghani will continue to be an employee and act as a strategic advisor to the CEO and the company does not intend to hire a replacement for the COO role, Twitter stated. Shares of the social network operator advanced $1.25, or 3.52%, to $36.79 after the management shake-up. MAJOR MOVERS: Among the notable gainers was home furnishings retailer Restoration Hardware (RH), which advanced $9.05, or 12.68%, to $80.40 after the company's first quarter quarter results topped analysts' consensus estimates and it raised its fiscal 2014 outlook. Also higher was Hewlett-Packard (HPQ), which rose 14c, or 0.42%, to $33.39 after Goldman Sachs changed its view on its negative thesis on the stock and upgraded the shares to Neutral from Sell. In after-hours trading, however, HP was up nearly another 1% after chipmaker Intel (INTC) raised its Q2 revenue view, citing stronger than expected demand for business PCs. Shares of Intel, meanwhile, were up more than 4% in after-hours trade following the increased outlook. Among the noteworthy losers was yoga wear maker lululemon (LULU), which fell $7.05, or 15.91%, to $37.25 and was downgraded at both William Blair and Stifel after the company reported Q1 results, lowered its FY14 guidance and announced the retirement of CFO John Currie. Also lower amid the recent spike in oil prices were a number of airline stocks, including Delta Air Lines (DAL), which slid $2.21, or 5.43%, to $38.50, and Southwest (LUV), which dropped $1.22, or 4.53%, to $25.72. INDEXES: The Dow was down 109.69, or 0.65%, to 16,734.19, the Nasdaq was down 34.30, or 0.79%, to 4,297.63, and the S&P 500 was down 13.78, or 0.71%, to 1,930.11.
News For HPQ;INTC;TWTR;LULU;RH;DAL;LUV From The Last 14 Days
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February 19, 2015
09:35 EDTTWTROption volume leaders
Option volume leaders: AAPL TSLA TWTR MCD WMT PBR SPWR WFM GILD FB SCTY according to Track Data.
08:45 EDTHPQHP launches open network switches for web scale cloud data centers
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February 18, 2015
17:50 EDTDALDelta Air Lines reinstated with a Buy at BofA/Merrill
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17:27 EDTLUVSouthwest initiated with a Buy at BofA/Merrill
Target $52.
16:00 EDTTWTROptions Update; February 18, 2015
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10:05 EDTRHOn The Fly: Analyst Initiation Summary
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10:02 EDTHPQe.Digital Corporation files patent infringement lawsuits against HP, others
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09:37 EDTTWTROption volume leaders on open
Option volume leaders: AAPL TSLA TWTR CELG APO NFLX AXP APA LNKD C GILD according to Track Data.
08:32 EDTTWTRUC Berkeley Haas School of Business to hold a discussion
Gabriel Stricker, Chief Communications Officer of Twitter, holds a discussion, "Twitter and Free Speech" in Berkeley, California on February 18 at 3:30 pm. Webcast Link
07:29 EDTRHRestoration Hardware initiated with an Outperform at Cowen
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07:13 EDTTWTRNational Association of Regulatory Utility Commission to hold a meeting
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06:15 EDTHPQHP Q1 sales should be in-line despite currency, says Citigroup
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February 17, 2015
18:43 EDTLULUApparel stocks lower after Perry Ellis warns of West Coast port disruption
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17:02 EDTINTCSoros Fund Management gives quarterly update on stakes
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16:00 EDTTWTROptions Update; February 17, 2015
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09:40 EDTTWTRActive equity options trading on open
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09:19 EDTTWTRTwitter still the large cap Internet stock to own this year, says MKM Partners
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09:19 EDTINTCDocument Security files patent infringement claims against Intel, others
DSS Technology Management, a subsidiary of Document Security (DSS), announced the filing of a patent infringement lawsuit against the Intel (INTC); Dell; GameStop (GME); Conn's Inc. (CONN) and Conn Appliances; NEC Corporation of America; Wal-Mart Stores (WMT) and Wal-Mart Stores Texas, and AT&T (T) in the United States District Court for the Eastern District of Texas, Tyler Division. DSS's complaint alleges infringement by Intel, Dell, GameStop (GME), Conn's, NEC, Wal-Mart, and AT&T of US Patents 5,965,924 and 6,784,552, which relate to semiconductor manufacturing.
07:22 EDTINTCMitsubishi UFJ to hold a tour
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05:55 EDTINTCIntel to delay launch of 14nm Skylake desktop CPUs, DigiTimes reports
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