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| April 12, 2012 |
| 16:19 EDT |  | HPQ, ILMN, AVID, CSCO, FIO, MIPS, MRC, FET, OAK, RHHBY | On 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. |
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News For HPQ;OAK;FET;MRC;MIPS;FIO;CSCO;AVID;ILMN;RHHBY From The Last 14 Days Check below for free stories on HPQ;OAK;FET;MRC;MIPS;FIO;CSCO;AVID;ILMN;RHHBY the last two weeks. |
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| May 24, 2013 |
| 16:00 EDT |  | HPQ | Options Update; May 24, 2013
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| 14:07 EDT | | HPQ | Market poised to end week lower following Fed, China data
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| 11:58 EDT | | HPQ | Options with decreasing implied volatility: ARNA ANF QIHU HPQ
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| 08:11 EDT |  | HPQ | Hewlett-Packard names Jim Murrin treasurer
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| May 23, 2013 |
| 16:23 EDT | | HPQ | On The Fly: Closing Wrap
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| 16:00 EDT | | HPQ | Options Update; May 23, 2013
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| 15:19 EDT | | RHHBY | FDA announces approval of Roche diabetes test
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| 12:38 EDT | | HPQ | On The Fly: Midday Wrap
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| 10:11 EDT |  | HPQ | Hewlett-Packard gaps up and rises sharply after results
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| 10:08 EDT |  | HPQ | On The Fly: Analyst Upgrade Summary
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| 09:37 EDT | | HPQ | Active equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL NFLX GOOG HPQ |
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| 09:37 EDT |  | CSCO | Cisco to host a webcast
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| 09:21 EDT | | HPQ | HP must diversify product options, Meg Whitman says
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| 09:21 EDT | | HPQ | Hewlett-Packard CEO: Still believe keeping HP together is 'right thing to do'
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| 09:11 EDT |  | HPQ | Hewlett-Packard had a solid quarter but remain cautious, says Goldman
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| 09:00 EDT | | HPQ | Hewlett-Packard rises 10.6%
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| 07:54 EDT | | HPQ | Hewlett-Packard strength a selling opportunity, says Topeka
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| 07:17 EDT | | HPQ | Hewlett-Packard guidance looks conservative, says Bernstein
After HP reported lower than expected Q2 revenue but higher than expected EPS, Bernstein thinks the company's EPS guidance looks conservative. The firm expects the company to either improve its business or break itself up. It keeps an Outperform rating on the shares. |
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| 06:16 EDT |  | OAK | Oaktree Capital 7M share Secondary priced at $53.50
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| 06:01 EDT | | CSCO | Stocks with implied volatility below IV index mean; CSCO MBI
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