New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 28, 2012
06:16 EDTJCP, TGT, BBY, NILE, AMZN, ADBE, SHLD, WMT, IBM"Cyber Monday" sales jump 30%, WSJ reports
"Cyber Monday" online sales among some of the biggest U.S. retailers was up 30%, compared with 33% a year ago, according to data compiled by IBM's (IBM) Smarter Commerce arm, which surveys 500 online retailers, reports the Wall Street Journal. But the average customerís order value fell 6.6%. IBM declined to provide underlying dollar figures. In another survey, Adobe Systems (ADBE) said Cyber Monday sales based on data from retailers such as Best Buy (BBY) and Wal-Mart (WMT) gained 17% to nearly $2B. That was below last year's 18% increase. Reference Link
News For IBM;ADBE;BBY;WMT;AMZN;TGT;SHLD;NILE;JCP 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 | 4 | 5 | 6 | 7 | 8 | all recent news | >>
January 13, 2015
09:01 EDTAMZNAmazon Studios signs Woody Allen to create television series
Subscribe for More Information
07:47 EDTADBEUBS to hold investor trip
Subscribe for More Information
07:28 EDTAMZNAmazon says created, filled over 6,000 permanent jobs across EU in 2014
Subscribe for More Information
07:26 EDTAMZNAmazon.com survey suggests solid growth trends, says RW Baird
Baird said their recent inventory survey for Amazon.com suggests solid growth trends in selection and marketplace. The firm sees the selection as a key growth driver for Amazon retail. Baird reiterated its Outperform rating and $340 price target on Amazon shares.
07:04 EDTIBMFederal court confirms halt to sales of chips used by SanDisk, IBM, others
Subscribe for More Information
06:33 EDTIBMTeradata set to acquire Appoxee for about $20M, WSJ reports
Teradata (TDC) will buy Appoxee, a Tel Aviv-based mobile-marketing-automation startup, for around $20M, The Wall Street Journal reports, citing two sources. Teradata rival IBM (IBM) acquired Xtify, a mobile-marketing company, in 2013. Reference Link
06:30 EDTIBMCourt order bars sales of chips used by SanDisk and IBM, WSJ reports
Subscribe for More Information
06:16 EDTAMZNAmazon.com upgraded to Buy from Neutral at Citigroup
Citigroup upgraded Amazon.com to Buy saying the risk/reward on shares is attractive below $300. Citi believes holiday data points look good for Amazon's Q4 results and that the retailer's gross margins will rise in 2015, reversing 2014's downward trend. The firm raised its price target for Amazon to $354 from $325 and thinks the stock has support around $300. Shares of the retailing giant closed yesterday down $5.52 to $291.41.
06:07 EDTAMZNAmazon sued for $25M by Durst Organization, Forbes reports
Subscribe for More Information
05:49 EDTBBYBest Buy volatility elevated into holiday sales report
Best Buy January call option volatility is at 110, February is at 50, March is at 47; compared to its 26-week average of 37 according to Track Data, suggesting large price movement into holiday sales report.
05:39 EDTBBYBest Buy upgraded to Buy from Neutral at Goldman
Goldman Sachs upgraded Best Buy to Buy from Neutral saying a pick-up in advanced TV sales and good sector fundamentals should drive better than expected Q4 results. Goldman also thinks shares will react favorably to any capital allocation decisions made by management given the retailer's "hefty" cash position. It raised its price target for shares to $45 from $38. Best Buy closed yesterday up $1.03 to $39.09.
January 12, 2015
16:00 EDTAMZNOptions Update; January 12, 2015
iPath S&P 500 VIX Short-Term Futures up 1.57 to 33.54. Option volume leaders: AAPL TSLA TWTR AMZN AA SIRI RIG FRO C according to Track Data.
11:51 EDTIBMIBM results seen being hurt by continued dollar strength
Subscribe for More Information
11:41 EDTNILETiffany plummets after cutting fiscal 2014 profit outlook
Shares of jewelry and accessories retailer Tiffany (TIF) are sinking after the company lowered its profit outlook for fiscal 2014. Additionally, the company reported holiday sales for the two-month period ended December 31 were 1% below prior year levels. WHAT'S NEW: Tiffany this morning reported sales results for the two-month holiday period ended December 31. For the period, the company reported worldwide net sales of $1.02B, 1% below the prior year. Worldwide net sales increased 3% and comparable sales were even with the prior year on a constant-exchange-rate basis, which excludes the effect of translating foreign-currency-denominated sales into U.S. dollars. WHAT'S NOTABLE: Tiffany cut its FY14 net earnings per share view to $4.15-$4.20 from $4.20-$4.30, trailing analysts' consensus estimates of $4.32. Tiffany President and Chief Executive Officer Federic Cumenal said that the company is planning "cautiously" for the coming year. Cumenal noted that the company anticipates "significant headwinds from the stronger U.S. dollar against all of our key currencies that, as we experienced in the holiday period, negatively affects both the translation of results and sales to tourists in the U.S." Cumenal said that these factors are expected to result in the company planning low-to-mid single-digit sales and earnings growth in 2015. Cumenal also commented that "Despite these and other global economic pressures that we anticipate in the short-term, we believe that, when they abate, Tiffany will resume higher earnings growth rates based on stronger sales growth and increasing operating margins." ANALYST REACTION: This morning, research firm Sterne Agee lowered its price target for Tiffany to $110 from $121 citing the company's "disappointing" holiday comps and "soft" initial 2015 guidance. However, he firm kept a Buy rating on the name, and said it is encouraged by the company's relative strength in Asia-Pacific and Europe. PRICE ACTION: In late morning trading, Tiffany fell $12.15, or about 11.7%, to $91.30 on more than three times its average daily trading volume. Despite today's pull back, the shares have gained approximately 1% over the past 12 months. OTHERS TO WATCH: Tiffany & Co peers include Signet Jewelers (SIG), down 0.6%, and Blue Nile (NILE), down 2.2%.
10:15 EDTJCPOptions with decreasing implied volatility
Options with decreasing implied volatility: NBIX APOL NPSP BBBY INFY JCP MU TIF
09:04 EDTAMZNAmazon wins first Golden Globe for 'Transparent,' Business Insider reports
Subscribe for More Information
07:52 EDTIBMIBM to undertake biggest re-organization in company history, Register says
Subscribe for More Information
07:52 EDTIBMIBM price target lowered to $130 from $144 at Jefferies
Jefferies lowered its price target for IBM shares to $130 after cutting its estimates to reflect the strengthening of the dollar against almost every other major currency worldwide since the tech giant reported Q3 results. Jefferies believes consensus estimates for IBM need to come down as the company deals with enterprises increasingly allocating investments away from traditional Software and IT Outsourcing toward investments in Cloud, Mobile and and Social initiatives. The firm reiterates an Underperform rating on IBM.
07:35 EDTJCP, IBM, WMT, ADBENational Retail Federation to hold a trade show
Subscribe for More Information
06:35 EDTSHLD, JCPObama to press for law requiring disclosure of hacking, NY Times says
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | all recent news | >>

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