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Stock Market & Financial Investment News

News Breaks
April 12, 2012
16:19 EDTAVID, MIPS, OAK, RHHBY, CSCO, MRC, HPQ, ILMN, FIO, FETOn The Fly: Closing Wrap
Stocks on Wall Street rose significantly on indications from the New York Fed that interest rates will likely remain low. Stock futures were slightly above fair value in early trading but weakened following the slightly disappointing jobless claims data. The futures action led to a relatively quiet open for the market but it soon picked up momentum to the upside. The market moved up roughly 0.5% in early trading, then spurted higher before noon. Investors rallied the market after last night’s comments from Fed president Janet Yellen, who said the Fed should be ready to ease its fiscal stance if the economy weakened while also being willing to raise rates if the economy warranted. Investors grabbed onto the dovish comments and lifted the market for the second day in a row… ECONOMIC EVENTS: In the U.S., 380K initial jobless claims were filed last week, versus the expected 355K. 3.25M continuing claims were reported, versus the expected 3.33M. Producer prices for the month of March were flat, versus the expected increase of 0.3%. The core PPI reading, however, rose 0.3%, versus the expected increase of 0.2%. The trade balance report showed a deficit of $46.0B, versus expectations for a deficit of $51B. In Europe, Italy's short-term borrowing costs rose at auction... COMPANY NEWS: Hewlett-Packard (HPQ) was a beneficiary of two reports from Gartner and IDC, each of which showed that global shipments of personal computers rose in Q1, with HP remaining the top PC maker by volume. On the day, Hewlett-Packard stock was up 7.18% to $25.09… Oaktree Capital (OAK), Forum Energy Technologies (FET) and MRC Global (MRC) all traded for the first time today, though none of the companies' stocks moved much compared to their IPO prices... MAJOR MOVERS: Among the notable gainers were MIPS Technologies (MIPS), which jumped 26.30%, to $6.58, after Bloomberg reported that Goldman Sachs (GS) had been hired to advise it on a possible sale of the company, and Fusion-io (FIO), which rose 14.80%, to $28.31, following a note to investors from Piper Jaffray saying it believes the company is working on a new original equipment manufacturer deal with Cisco (CSCO)… Noteworthy losers included Avid Technology (AVID), which lost 17.32%, to $8.50, after the company announced it expects to post Q1 revenues lower than last year, and Illumina (ILMN), which dropped 5.82%, to $49.51, after Roche Holding’s (RHHBY) CEO said he doesn’t see any reason to raise the current offer for the company… INDICES: The Dow gained 181.19 points, or 1.41%, to 12,986.58; the Nasdaq rose 39.09 points, or 1.30%, to 3,055.55; and the S&P 500 added 18.86 points, or 1.38%, to 1,387.57.
News For HPQ;OAK;FET;MRC;MIPS;FIO;CSCO;AVID;ILMN;RHHBY From The Last 14 Days
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August 20, 2015
17:26 EDTHPQHP sees continued pressure on top line in Q4
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17:21 EDTHPQHP sees printing headwinds to continue
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17:11 EDTHPQHP sees continued pressure in Personal Systems
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17:08 EDTHPQHP seeing continued weakness in Russia and China
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16:47 EDTHPQHP provides separation update
HP noted, "On July 1, Hewlett Packard Enterprise filed an initial Registration Statement on Form 10 with the Securities and Exchange Commission , an important step in the separation process. The filing provides detailed information on the business and historical financial results of Hewlett Packard Enterprise. On August 10, HP filed the first amendment to the Form 10, which included the pro forma cash and debt levels for Hewlett Packard Enterprise. With the Hewlett Packard Enterprise capital structure determined, credit ratings agencies published expected investment grade ratings for both Hewlett Packard Enterprise and HP, which is in line with our objectives. On August 12, HP introduced the expected members of the boards of directors for both Hewlett Packard Enterprise and HP Inc., effective upon the completion of the separation. Each board will include members of the current HP board, as well as several new directors chosen after a comprehensive review of personal and professional qualifications as they relate to the specific needs of the two new companies "
16:21 EDTHPQHP down 2.38% after reporting Q3 results and guidance
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16:14 EDTHPQHP provides Q3 segment results
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16:09 EDTHPQHP narrows FY15 EPS view to $3.59-$3.65 from $3.53-$3.73, consensus $3.64
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16:06 EDTHPQHP sees Q4 EPS 92c-98c, consensus $1.00
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16:06 EDTHPQHP reports Q3 EPS 88c, consensus 85c
Reports Q3 revenue $25.3B, consensus $25.44B.
14:42 EDTHPQNotable companies reporting after market close
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14:39 EDTHPQEarnings Watch: Hewlett-Packard reports ahead of company split
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14:12 EDTHPQHP technical comments before earnings
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13:32 EDTHPQHP August 27.5 straddle priced for 7.8% movement into Q3
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09:36 EDTHPQActive equity options trading on open
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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
13:23 EDTHPQOptions with increasing call volume
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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
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05:36 EDTILMNIllumina price target raised to $250 from $240 at Mizuho
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