News Breaks |
|
|
| April 18, 2012 |
| 12:11 EDT |  | TXT, HAL, IBM, APH, URI, YHOO, RHHBY, CREE, STX, INTC, ILMN | On The Fly: Midday Wrap
Stocks on Wall Street were lower at midday, as disappointment with the reports of two blue chip technology companies weighed on the market. Stock futures were slightly lower during the pre-market trading session, leading to a lower open for the broader market. The averages have struggled since the opening bell, with little in the way of economic data to distract investors from the latest round of earnings reports... ECONOMIC EVENTS: Domestically, the Mortgage Bankers Association reported mortgage applications were up 6.9% from a week earlier, driven by refinancing. Crude oil inventories grew more than expected, while gasoline and distillates inventories shrank more than analysts forecast... COMPANY NEWS: IBM (IBM), Intel (INTC) and Yahoo (YHOO) all reported earnings after the close yesterday that beat consensus expectations, but only Yahoo shares rallied following the announcements. The declines in IBM, which saw its revenues miss expectations and its shares fall 2.5%, and Intel, down 2% after its gross margins were worse than last quarter, weighed heavily on the Dow. In contrast, Yahoo gained 3% as its revenue grew for the first time since Q3 of 2008, as noted by Piper Jaffray... Among other companies reporting earnings, advancers included Halliburton (HAL), Seagate (STX) and United Rentals (URI); decliners included Textron (TXT), Cree (CREE) and Amphenol (APH)... MAJOR MOVERS: Among the notable gainers were Catalyst Health Solutions (CHSI), up 31%, and SXC Health Solutions (SXCI), up 7.5%, as both stocks benefited from plans to merge the companies in a cash and stock transaction that implies a purchase price of $81.02 per Catalyst share. Also higher were shares of THQ Inc. (THQI), up 36%, after the company raised its expectations for Q4 on strong sales of its "Saints Row" game. Noteworthy losers included Genworth (GNW), down 21%, after announcing it would delay the IPO of its Australian mortgage insurance business until early 2013, and Chesapeake Energy (CHK), down 10%, after Reuters reported that its CEO took out as much as $1.1B in unreported loans over the last three years which could raise the possibility of conflicts of interest. Also lower were shares of Illumina (ILMN), down 2.5%, after Roche (RHHBY) decided not to extend its $51 cash tender offer for the company... INDICES: Near noon, the Dow was down 47.34, or 0.36%, to 13,068.20; the Nasdaq was down 10.72, or 0.35%, to 3,032.10; and the S&P 500 was down 3.79, or 0.27%, to 1,386.99. |
|
|
News For IBM;INTC;YHOO;HAL;STX;URI;TXT;CREE;APH;ILMN;RHHBY From The Last 14 Days Check below for free stories on IBM;INTC;YHOO;HAL;STX;URI;TXT;CREE;APH;ILMN;RHHBY the last two weeks. |
|
|
| May 23, 2013 |
| 15:19 EDT | | RHHBY | FDA announces approval of Roche diabetes test
 Subscribe for More Information |
|
| 14:30 EDT |  | IBM | IBM sees Q2 EPS growth 8%
Subscribe for More Information |
|
| 14:27 EDT | | IBM | IBM sees double digit EPS growth in Q4
Subscribe for More Information |
|
| 14:13 EDT |  | IBM | IBM comes off lows after reiterating guidance
Subscribe for More Information |
|
| 14:05 EDT |  | IBM | IBM reiterates FY13 EPS view of at least $16.70, consensus $16.67
Subscribe for More Information |
|
| 11:05 EDT | | YHOO | PlayerScale says acquired by Yahoo
Subscribe for More Information |
|
| 10:17 EDT | | INTC | Nokia Siemens Networks, Intel sign collaboration MoU
Nokia Siemens Networks (NOK, SI) and Intel (INTC) announced they signed a Memorandum of Understanding to collaborate around the development of Liquid Applications, an approach to accelerate the delivery of media-rich services and content directly from the base station. The intent of the collaboration is to accelerate development of an enhanced mobile broadband experience that gives operators new revenue and differentiation opportunities. Nokia Siemens Networks and Intel will collaborate in the creation of a mobile edge computing ecosystem, focusing on over-the-top content providers, independent software vendors and application service providers. The parties will also explore new business models between mobile operators and other ecosystem players, they said. |
|
| 10:08 EDT |  | STX | On The Fly: Analyst Upgrade Summary
Subscribe for More Information |
|
| 07:31 EDT |  | HAL | Senate Energy & Natural Resources Committee to hold a forum
Subscribe for More Information |
|
| 05:54 EDT |  | IBM | Stocks with implied volatility below IV index mean; IBM ARUN
Subscribe for More Information |
| |
| 05:40 EDT | | STX | Seagate upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank upgraded Seagate citing the move towards higher-margin enterprise drives and expectations for HDD unit growth to resume in the second half of 2013. The firm raised its price target for shares to $46 from $40. |
|
| May 22, 2013 |
| 10:33 EDT | | RHHBY | Bristol-Myers jumps after Citi ups rating on cancer potential
Subscribe for More Information |
|
| 10:00 EDT | | RHHBY, CREE | On The Fly: Analyst Upgrade Summary
Subscribe for More Information |
|
| 09:10 EDT | | INTC | Intel management to meet with Deutsche Bank
Subscribe for More Information |
|
| 08:09 EDT | | CREE | Cree upgraded at Sterne Agee
Subscribe for More Information |
|
| 07:24 EDT | | INTC | NetEvents International to host a summit
Subscribe for More Information |
|
| 07:21 EDT | | INTC | MIT Sloan Alumni Club of Boston to hold a symposium
Subscribe for More Information |
|
| 07:13 EDT |  | APH | Amphenol downgraded to Hold from Buy at Stifel
Subscribe for More Information |
|
| 06:31 EDT | | CREE | Cree upgraded to Buy from Neutral at Sterne Agee
Subscribe for More Information |
|
| 06:25 EDT |  | CREE | Global LED tube light shipments to reach 220M units in 2013, DigiTimes says
Subscribe for More Information |
| |
|
|
|
|
